“Not for distribution to U.S. newswire services or for dissemination in the United States.”

Vancouver, British Columbia – Caerus Resource Corporation (TSX-V:CA) (the “Company”) announces that it has amended the terms of a non-brokered private placement announced in Stockwatch on April 3, 2012. The Company now proposes to raise gross proceeds of up to $750,000.00 through the issuance of up to ten million units at a price of $0.075 per unit. Each $0.075 unit is comprised of one common share of the Company and one non-transferable common share purchase warrant. Each non-transferable common share purchase warrant allows the holder to acquire an additional common share of the Company at a price of $0.10 per share for a period of two years from the date of closing of the non-brokered private placement.

The units issued with respect to the offering will be subject to a four month hold period in accordance with applicable Canadian Securities Laws. A portion of the private placement may be subject to a finder’s fee that may be payable in cash and warrants with respect to certain private placement subscribers and in accordance with the policies of the TSX Venture Exchange. The finder’s fee warrants are subject to the same terms. The non-brokered private placement is subject to the approval of the TSX Venture Exchange and required regulatory approvals. The Company will also seek approval from the TSX Venture Exchange for an extension in time for which the Company must file and close this private placement.

The Company is currently evaluating the Burtica West Gold Project and is anticipating that an option contract will be signed in the immediate future on the El Cafetal Gold Mine in Antioquia, Colombia requiring a US $50,000 payment. The Buritica West Gold Project is strategically located adjacent and on trend with the Buritica Gold Project under evaluation by Continental Gold. The El Cafetal Gold Mine is located approximately 2 kilometers east of the Yarumalito Project, currently under evaluation jointly by Colombia Mines and TECK Cominco. In addition, the Company has solicited 15,522 hectares in five different departments in Colombia, and expects several to be formalized in the near future. Proceeds will also be used to further advance the exploration inventory, to complete a MAG / IP program at the Buritica West Gold Project, and for general working capital purposes.

On Behalf of the Board of Directors of Caerus Resource Corporation.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

“Not for distribution to U.S. newswire services or for dissemination in the United States.”

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to announce further progress on permitting the Buritica West Gold Project , located immediately adjacent to the Buritica Project of Continental Gold, in Antioquia, Colombia. Work completed to date by Continental Gold on their adjacent project has identified a significant gold/silver/zinc discovery contained within the Yaragua and Veta Sur vein systems. These west-trending vein systems are located immediately east of the Buritica West Gold Project. A Mobile Metallic Ion soil sample program (SGS Laboratories proprietary technique) was completed in 2011 by the Company and has identified zones of anomalous gold-silver mineralization immediately west of the Yaragua and Veta Sur vein system locations, within the boundary of the Buritica West Gold Project under option to the Company. Although most of the area is soil covered, reconnaissance exploration has discovered exposed mineralization in the creeks including veins and breccias. The Buritica West Project covers the “Cataclastic Tonalite” phase of the Sabanalarga Batholith, which is the intrusive border phase and is sheared, diked, veined and altered.

The Company has conducted the studies necessary for the completion of the Environmental Mining Guide, the most involved step in obtaining permits to explore. The Environmental Mining Guide outlines the rules the Company must adhere to, for the fulfillment of Colombian mining and environmental laws. The Company has assessed the environmental and social risks of the project, both of which are not considered an issue. The studies necessary to prevent water use conflict are now in progress. The obtaining of water permits will be the final stage of data collection. The Company is also accepting bids for a MAG/IP program to be completed over the eastern portion of the claim block, prior to drilling.

Paul Pelke, a consulting geologist to the Company, and a Qualified Person under NI 43-101, has reviewed the content of this press release.

On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

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Highlights:
Two Embargoes Resolved; Title Cleared for Transfer

KTTM Geophysical Survey Confirms Drill Target

Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to announce further progress at the El Cafetal Gold Mine, located in Antioquia, Colombia. The project is situated 12 kilometers north of the Marmato Gold Mine and district, and covers 135 hectares.

The Company has recently resolved several title issues outstanding with the project, which have prevented the Company from advancing the project to drill ready status. Two outstanding embargoes on the project were paid by the Company, and they have been subsequently lifted. The title to the project is now clear and can be moved to a newly incorporated Colombian company, to be held until such time as the Option Contract is completed. The Company expects to sign the formal Option Agreement, and file the necessary documentation with the TSX Venture Exchange for approval of the transaction. Upon signing the Option Contract, the Company will be required to pay the project owners $ U.S. 50,000.

EXPLORATION TO DATE
KTTM performed the data acquisition for the survey, with Associated Geosciences Ltd processing and interpreting the data acquired. The purpose of the survey was to map existing structures associated with known gold / silver / copper mineralization, help to find buried intrusive structures and further define the exploration target. The survey lines were acquired in a North-South orientation perpendicular to the general trend of the veinlet system. The magnetic data was collected with 50 meters of spacing between lines, while the IP/Resistivity data was collected using a dipole length and dipoles spacing of 50 meters. In total, 10 line kilometers of Resistivity / IP and magnetic data were collected.

The magnetic field map generated from the data identifies a magnetic low in the center of the claim block, bounded on each side by magnetic highs. The general lower magnetic values are interpreted as potentially related to magnetite destruction through hydrothermal alteration of the andesite rock. Two magnetic lineaments are identified on the same map, one to the southwest and trending Southwest-Northeast and extending over the western half of the survey area. A secondary North-South lineament is located in the center of the survey zone. At the southernmost part of the survey, there appears to be three magnetic dipole types of anomalies, the most important being located in the Southwest portion of the survey area. These results are interpreted as being related to buried intrusive bodies since they are related to the IP anomalies identified on the chargeability cross section of line 8.

The report interprets potential mineralization to begin at approximately 30 meters depth, and continuing to 200 meters. The geophysical data defines drill targets for the location of the system of veinlets and a possible deep intrusive mineralized body.

The El Cafetal Gold Mine has been extensively evaluated by the Company over the past sixteen months. The evaluation has included the identification, opening and sampling of over 50 adits and tunnels from historic gold production at the project. Results from this sample program have returned significant gold results. A Mobile Metallic Ion sample program has also been completed. The two sample programs combined have identified a 300 meter by 600 meter zone of potential mineralization. The KTTM Geophysical program has corroborated those results.

The contents of this press release were reviewed by Mr. Paul Pelke, a Qualified Person under NI 43-101 and a consulting geologist to the Company.

On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk,  President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com .

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. The drill program is subject to adequate financing. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA)
announces the granting of options to a Director entitling the Director to purchase up to 350,000 shares at
a price of $0.11 per share for a period of five years, in accordance with the Company’s stock option
plan.

On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email:  adrianh@resourceexploration.com

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not
accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This
news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the
United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact
relating to the Company, certain information contained herein constitutes forward- looking statements.
Forward-looking statements are based upon opinions and estimates of management at the date the
statements are made, and are subject to a variety of risks and uncertainties and other factors which
could cause actual results to differ materially from those projected in the forward looking statements.
The reader is cautioned not to place undue reliance on forward-looking statements. The transaction
described in this News Release is subject to a variety of conditions and risks which include but are not
limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim
validity, financing, political risk, security risks at the property locations and other risks. As such, the
reader is cautioned that there can be no guarantee that this transaction will complete as described in
this News Release. We seek safe harbour.

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to announce a non-brokered private placement of up to six million units at a price of $ 0.10 per unit for total gross proceeds of up to $600,000. Each unit is comprised of one common share of the Company and one non-transferable common share purchase warrant. Each non-transferable common share purchase warrant allows the holder to acquire an additional common share of the Company at a price of $0.15 per share for a period of two years from the date of closing of the non-brokered private placement.

The units issued with respect to the offering will be subject to a four month hold period in accordance with applicable Canadian Securities Laws. A portion of the private placement may be subject to a finder’s fee that may be payable in cash and warrants with respect to certain private placement subscribers and in accordance with the policies of the TSX Venture Exchange. The non-brokered private placement is subject to the approval of the TSX Venture Exchange and required regulatory approvals. The finder’s fee warrants are subject to the same terms.

Proceeds from the private placement will be used for general working capital, continued exploration at Buritica West and for the evaluation of other projects.
On Behalf of the Board of Directors of Caerus Resource Corporation.

Kenneth A. Sadowski,
Director and Corporate Secretary – email: ken@resourceexploration.com

For further information, contact Ken Sadowski at 604-218-2716 or email:
ken@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email:
AJFConsultants@aol.com.

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour. “Not for distribution to U.S. newswire services or for dissemination in the United States.”

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) announced today that at the Company’s Annual General Meeting held on March 22, 2012, all of Management’s nominees, being Adrian Hobkirk, Allen Ambrose, Darryl Drummond, Ken A. Sadowski and Stella Frias, were elected as directors of the Company for the ensuing year.

Shareholder approval was received for all resolutions including a resolution to appoint Smythe Ratcliffe LLP as Auditors of the Corporation and a resolution to approve the rolling stock option plan.

The Board and Management wish to thank all Shareholders for their support and involvement.

On Behalf of the Board of Directors of Caerus Resource Corporation.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com.

Tel: 1-855-894-4524
837 Hastings Street West, Suite 408
Vancouver, BC, Canada V6C 3N6
www.resourceexploration.com
Symbol: TSX-V: CA

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.
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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to report the entering into of a business arrangement for the Option to acquire a 100% interest in the El Cafetal Gold Mine, located in Valparaiso District, Colombia. The project is a Mining Title, with excellent infrastructure and at an advanced exploration stage, with identified drill targets. This historic gold producing mine is located approximately 2 kilometers north east of the Colombia Mines Yarumalito Project, currently joint ventured with Teck Cominco.

As previously reported, the title to The El Cafetal Gold Project has been the subject of several issues. Disagreements between two Colombian parties and the owner of the title, Inversiones Midas Ltda (“I.M.L. “), a private Colombian corporation, resulted in two embargoes being placed on the title. The embargoes have restricted I.M.L. from entering into a legal Option Contract for the project, and have restricted the ability of I.M.L. to transfer their title to a third party. Efforts by the Company’s legal team headed by Miryam Patricia Ulloa Gomez of the Law Firm Jimenez & Ulloa, and managed by Ms. Stella Frias, Vice-President and Director of Caerus, have secured an arrangement whereby the embargoes will be settled on behalf of I.M.L. by the Company. This will allow the transfer of the mining title to a new company, with the title held in trust under the terms of a new Option Contract. The steps the Company will take to obtain an enforceable Option Contract are:

Title Clearance
1. I.M.L will sign a fully enforceable “Promise of Option Contract“, whereby Inversiones Midas Ltda. agrees to sign the Option Contract upon resolution of the embargoes by the Company,

2. Resolution of two title embargoes by the Company at a total approximate cost of $ U.S. 100,000, by payment directly into court

3. Upon clearing of the title, I.M.L. will sign the Option Contract with Minera Ophir S.A.S., a fully owned Colombian subsidiary of the Company,

Option Contract Terms Upon Signature:
a. Upon signing the Option Contract, the Company will pay I.M.L. $ U.S. 50,000.00

b. Ten working days after approval of the TSX Venture Exchange, the Company will pay I.M.L. $ U.S. 50,000.00 and 250,000 common shares,

c. Six months after the Company obtains drill permits, the Company will pay I.M.L $ U.S. 25,000 and 250,000 common shares,

e. On the First Anniversary of the TSX approval, the Company will pay I.M.L. $ U.S. 100,000 and 250,000 common shares,

e. On the Second Anniversary of the TSX approval, the Company will pay I.M.L. $ U.S. 200,000.00,

f. On the Third Anniversary of the TSX approval, the Company will pay I.M.L. $ U.S. 300,000.00,

g. And a final payment of $ U.S. 775,000.00 will be paid by the Company to I.M.L. on the Fourth Anniversary of the TSX approval for total consideration of $ U.S. 1,600,000.00 and 750,000 common shares.

h. Upon exercise of the Option Contract by the Company, I.M.L. will receive a payment equal to $ U.S. 10.00 per ounce of proven resources to Canadian Institute of Mining and Metallurgy definition. The payment will be due to I.M.L. at the initiation of mine construction.

The El Cafetal Gold Mine is drill ready, stage exploration project, extensively evaluated by the Company. Work to date has consisted of tunnel and adit sampling of a stockwork zone, the source of historic gold production at the mine. Follow up work completed includes a ground Mobile Metallic Ion sample survey (SGS Laboratories proprietary technique), and a ground IP/MAG program. Results have identified a 600 by 300 meter anomalous gold zone that also corresponds with near-surface anomalous chargeability in the IP survey. The IP anomaly at greater depths of 200 meters apparently extends 1300 meters along the strike of the stockwork zone and up to 600 meters across the strike (averaging 300 meters in width). The anomaly is open at depth. The project is situated at 2,500 meters of elevation, and drill permits are not anticipated to be an issue to obtain. The Company will provide a full exploration update in a following news release.

Mr. Paul Pelke, consulting geologist to the Company and a Qualified Person under NI 43-101 has reviewed the contents of this press release.

On Behalf of the Board of Directors of Caerus Resource Corporation.

Adrian F.C. Hobkirk,
President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.
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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) is pleased to announce that further to the Company’s news release of November 24, 2011, the TSX Venture Exchange has approved an application to amend existing share purchase warrants representing the right to purchase up to 4,235,000 common shares. These warrants will now expire on February 24, 2013 with an exercise price of $0.23.

To better reflect the Colombian exploration focus of the Company, management proposes a name change to Medellin Minerals Corp. The proposed name change is subject to the acceptance of the TSX Venture Exchange and the Registrar of Companies. Shareholders will be apprised of the completion of the name change and change of trading symbol upon regulatory acceptance.

On Behalf of the Board of Directors of Caerus Resource Corporation.

Adrian F.C. Hobkirk,President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V: CA) is pleased to announce the completion of title applications in Colombia. Over the past year, staff geologists have been evaluating various areas of mineral interest deemed open by the National Geological Service of Colombia (formerly Ingeomanis). A total of eight claim areas have been solicited in five different departments. The claim areas selected were located nearby known gold deposits. Total hectares solicited are 15,522.

Three areas are located in Antioquia and include the Yolombo Project (2,063 hectares), the Heliconia Project (4,291 hectares) and the La Ceja Project (3,962 hectares). Work to date has been completed on the following two areas:

Yolombo Project: 2,063 hectares located north of the Gramalote Gold Deposit (2.39 million troy ounce NI 43-101 compliant resource) of Anglo Gold / B2Gold, for which a 2012 $ 36.9 million prefeasibility budget was recently announced. The claim area is underlain completely by rocks of the Antioquia Batholith, and is crossed by east-west, northeast and southeast trending faults. Faulting is believed to be the control of mineralization at the Gramalote Gold Deposit. Geological reconnaissance comprising stream sediment sampling has been completed by Company staff. Results have identified gold and silver anomalies located in three distinct, non-adjacent areas. Follow up work is planned for the near future.

Heliconia Gold Project : 4,291 hectares located within the Cauca-Romeral Fault Zone, approximately 12 kilometers north along strike from the Titiribi District. The claim area is underlain on the west by the Arquia Complex of amphibolites and basic schists, and to the east by faults slivers of diorite, gabbro and sediments. Stream sediment sampling has identified three large zones anomalous for silver and gold. A follow up program is scheduled for the near future.

Other areas solicited include: the Filadelfia Project ( 495 hectares located in Caldas Department) and Anserma Project ( 105 hectares located in Risaralda Department), both located near the Batero / Seafield exploration areas. The Charala-Oiba Project ( 3,613 hectares located in Santander Department ). The Salento West Project ( 495 hectares) and the San Pacho South Project ( 498 hectares ) both located in Quindio Department and in the vicinity of the La Colosa disseminated gold deposit of AngloGold Ashanti. Additional field work is being planned.

Exploration Manager

The Company is pleased to announce the appointment of Christopher Baldys as Exploration Manager. Mr. Baldys has extensive experience in precious and base metals exploration, drill target definition and familiarity with the Colombian mining industry. He recently completed a National Instrument 43-101 Technical Report for Batero Gold Corporation on the Quinchia Concession in Colombia. Mr. Baldys has significant project experience, having managed several large drill programs which include:

IMA Exploration Inc.: The Hushamu copper-moly-gold-rhenium porphyry deposit, British Columbia

Hard Creek Nickel Corporation: nickel sulphide deposit and PGE-Cu deposit, British Columbia

Argosy Mining Corporation: epithermal gold deposit, Kremnica, Slovakia

Central Asia Goldfields Corporation: mesothermal and epithermal gold deposits in Kazakhstan

Kerr Addison Mines: generation of epithermal gold-silver targets in the Yukon Territory

Mr. Baldys has a M. Eng. degree from AGH University of Mining and Metallurgy, Cracow, Poland and is a member of the Association of Professional Engineers and Geoscientists of British Columbia, Canada. Mr. Baldys is a Qualified Person as defined under National Instrument 43-101.

Mr. Paul Pelke, consulting geologist and a Qualified Person under NI 43-101, has reviewed the content of this press release.

On Behalf of the Board of Directors of Caerus Resource Corporation.
Adrian F.C. Hobkirk,   President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

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Vancouver, British Columbia – Caerus Resource Corporation (the “Company”) (TSX-V:CA) announces that it will be sending in an application to the TSX Venture Exchange to extend the warrant expiry date by one year to purchase up to 4,235,000 common shares at a repriced exercise price of $0.23 per share.  These warrants were issued in connection with a private placement announced on January 19, 2010 and amended on February 8, 2010 and are scheduled to expire on February 24, 2012.

On Behalf of the Board of Directors of Caerus Resource Corporation.

Adrian F.C. Hobkirk, President and Chief Executive Officer – adrianh@resourceexploration.com

For further information, contact Adrian Hobkirk at 714-316-3272, toll free 855-894-4524 or email: adrianh@resourceexploration.com or Allan Feldman at AJF Consultants Ltd. at 604-948-9663 or email: AJFConsultants@aol.com.

The TSX Venture Exchange has not reviewed the content of this News Release and therefore does not accept responsibility or liability for the adequacy or accuracy of the contents of this News Release. This news release contains certain “ forward- looking statements ” within the meaning of Section 21E of the United States Securities and Exchange Act of 1934, as amended. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward- looking statements. Forward-looking statements are based upon opinions and estimates of management at the date the statements are made, and are subject to a variety of risks and uncertainties and other factors which could cause actual results to differ materially from those projected in the forward looking statements. The reader is cautioned not to place undue reliance on forward-looking statements. The transaction described in this News Release is subject to a variety of conditions and risks which include but are not limited to: regulatory approval, shareholder approval, market conditions, legal due diligence for claim validity, financing, political risk, security risks at the property locations and other risks. As such, the reader is cautioned that there can be no guarantee that this transaction will complete as described in this News Release. We seek safe harbour.

 
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