Caerus Resource Corporation TSX-V:CA

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Caerus Resource Corporation is an aggressive Canadian junior precious and base metal exploration company developing exploration opportunities in geographic areas with a proven history of geological discovery.

Caerus Resource: Letter of Intent for Buritica Gold Project in Colombia

Caerus Resource Corporation (TSX-V: CA) is pleased to announce June 1, 2010 it has entered into a Letter of Intent to acquire a 100% interest in the Buritica Gold Project, located adjacent to the Aragua Mine currently in gold production and owned by Continental Gold Limited (TSX: CNL ) . The Buritica Gold Project consists of a 326 hectare parcel located in the Buritica District, in the municipality of Buritica in western Antioquia, Colombia. The concession area is surrounded by ground owned by Continental Gold and also adjoins a small claim owned by AngloGold Ashanti Ltd. (NYSE: AU ). Within the boundaries of the Buritica Gold Project is a block also controlled by Continental Gold. Access is via the major highway between Medellin and the port city of Turbo on the Caribbean coast, which crosses the southern part of the concession. The property lies about 63 airline kilometers (39 miles) northwest of Medellin, the capital of the department of Antioquia, and about 20 kilometers (12 miles) from the nearest large city, Santa Fe de Antioquia.

The Buritica District has been the site of gold mining since 500 A.D., according to archeological studies, and that production continues in the present day: Continental Gold Limited operates an underground gold mine at Aragua in the district, and there are a number of artisanal mines in operation in addition. The veins developed by the Continental Gold mine extend toward the Buritica Gold Project concession.

Caerus Resource: San Pacho Mine Acquisition in Colombia

Vancouver, BC - Caerus Resource Corporation (“the Company”) (TSX-V: CA) is pleased to report it has entered into a Letter of Intent for the 100% acquisition of the San Pacho Mine, located in the Department of Quindio, Colombia, on the western flank of the Central Cordillera. The project is comprised of 3,190 hectares and is located in the northwest end of the Salento-Cajamarca mining district. The property is located on the Cauca-Romeral Fault Zone, which extends from the department of Pasto in southern Colombia to Cordoba in northern Colombia, and is spatially associated with major mining districts throughout its length. At the project area, the fault zone is believed to have localized the intrusive bodies which produced the mineralization. The La Colosa Gold deposit is located 17 kilometers south in the same district and is owned by AngloGold Ashanti (NYSE: AU). The La Colosa deposit contains a JORC compliant resource of 468 million tons grading 0.86 grams per tonne gold for a contained 12.9 million ounces. The Marmato District is about 92 km north of the San Pacho property, also located along the Cauca-Romeral Fault Zone, and contains an NI 43-101 compliant measured and indicated resource of 245 million tonnes containing an estimated 7,490,000 ounces of gold and 47,956,000 ounces of silver.

See the May 6, 2010 News Release

Caerus Resource: Update on Plan of Arrangement with White Gold Corporation

Vancouver, BC January 12, 2009 - Caerus Resource Corporation provides an update on its previously announced proposed Plan of Arrangement with White Gold Corporation involving the Company’s acquisition of a 100% interest in White Gold Corporation pursuant to an Arrangement Agreement dated September 28, 2009 (the “Agreement”).

The Company has today received from White Gold Corporation a purported notice of termination of the Agreement on the basis that the Plan of Arrangement was not completed prior to December 31, 2009.

Proceeding towards the completion of the Plan of Arrangement was delayed beyond December 31, 2009 because the Company was waiting for confirmation that White Gold Corporation is the registered and recorded owner of Oro Barracuda Ltda. under applicable Colombian laws. In connection with the transaction, White Gold Corporation represented that it holds certain mineral claims and mineral title solicitations relating to gold exploration properties located in Colombia through a wholly-owned subsidiary, Oro Barracuda Ltda., a Colombian corporation. Acquiring an interest in these assets was the Company’s main purpose for the transaction. Based on the Company’s due diligence, the applicable registration process that would result in White Gold Corporation being validly recognized as the registered and recorded owner of Oro Barracuda Ltda. had not been completed by White Gold Corporation as of late December 2009. In addition, White Gold Corporation did not take various steps as required under the Agreement to advance the Plan of Arrangement.

The Company has invested significant time and money into completing the Plan of Arrangement and proceeded in good faith while waiting for White Gold Corporation to comply with its obligations under the Agreement. In light of White Gold Corporation’s delivery of the notice of termination, the Company is now reviewing its legal position in regards to this matter.

MAP OF COLOMBIA

Printable 8.5"x11" PDF Map

Information updated June 1, 2010.

All technical information presented at this web site has been reviewed by Paul A. Pelke, California Registered Geologist No. 4150, a Qualified Person as defined in National Policy Instrument 43-101.

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