Mr. Michael McPhie reports

DRILLING RESULTS CONFIRM COPPER GRADES AT FLORENCE COPPER PROJECT

Curis Resources Ltd. has released results from three holes completed at the Florence copper project in central Arizona. These holes were drilled to confirm characteristics within mineralized blocks in the Florence deposit model as part of the current feasibility study.

"The results of this drill program show an improved grade and further confirm the geological structure in a portion of the Florence copper deposit," said Michael McPhie, president and chief executive officer of Curis. "We are particularly encouraged by the copper grades which are better than what previous drilling had recorded for the same test block.

"The drilling program has contributed to the feasibility work by increasing our confidence in and knowledge of the Florence deposit. The feasibility study and permitting for the project continue to advance along the original timeline with an expected completion of both in the fourth quarter of this year."

Overview of the drilling program

Curis completed a six-hole core drilling program at the Florence copper project site in early August of this year. The program consisted of three holes in the area of the optional phase one development program, two holes on Arizona state land under mineral lease to Curis and one hole in the area of the former BHP copper in situ recovery well field that was operated in 1997.

Assay results have been received for the first three holes completed in the optional phase one development area, which is the initial area planned for in situ copper recovery (ISCR) development at the project. Summary results for total copper in the zone of oxide mineralization are in the associated table.

             FLORENCE DRILL RESULTS

Drill hole   From (ft) To (ft) Interval (ft) Cu (%)

CMH11-01*       395.0   741.0         346.0   0.37 
CMH11-02*       404.0   733.3         329.3   0.58 
CMH11-03A*      425.0   753.0         328.0   0.48 

*Core recovery for the reported oxide intervals 
ranges from 89 per cent to 93 per cent,
averaging 91 per cent over all.

These holes are located in the south-central part of production block 72 in the deposit model used for the preliminary economic assessment of the project completed in September, 2010 (see Curis Nov. 25, 2010, news release). The average copper grade of the oxide zone in these three holes is 0.47 per cent Cu; this compares favourably with calculated model grades of 0.43 per cent Cu for production block 72.

The copper oxide zone, as intersected in this drill program, is 328 feet to 346 feet in thickness and is characterized by copper oxide minerals including chrysocolla in veins, chrysocolla and tenorite as fracture coatings, and in copper clays replacing plagioclase grains in the quartz monzonite host rock. Mineralization was introduced by Laramide granodiorite intrusive bodies similar to those seen elsewhere in southern Arizona copper deposits. The highly fractured nature and primary chrysocolla mineralization in the Florence deposit is ideally suited to the in situ copper recovery method that is planned for the Florence copper project.

The drilling program was completed in support of a feasibility study that is being completed prior to the planned initiation of the phase one of development program in early 2012. The core holes drilled in the two alternate sites were to examine the potential ore blocks for geological continuity, grade, fracture density, rock-quality characteristics and other key geological parameters. Results are being used for geological characterization, predictive modelling and to provide details for phase one construction bid preparations. A single hole was drilled in the 1997 BHP in situ well field. This hole was to analyze geochemical reactions and flow patterns that would have occurred during the 1997 BHP production test. Assays for three other holes are pending.

SRK Consulting (SRK) of Tucson, Ariz., assisted Curis with the geological and geotechnical logging and sample collection of the drill core. The drill program was supervised by Robert Cluff, PGeo, Hunter Dickinson Inc., who is a qualified person, and has reviewed this disclosure.

Sample preparation and analysis for the Florence project are done at ISO/IEC 17025-accredited Skyline Assayers & Laboratories in Tucson, Ariz. Samples are dried, crushed to 75 per cent of minus-10 mesh, split and pulverized to 95 per cent of minus-100 mesh. All samples are assayed for total copper by aqua regia digestion with an atomic absorption spectroscopy (AAS) finish. All samples are also assayed for 49 elements including copper, by Aqua Regia digestion inductively coupled plasma mass spectroscopy (ICP-MS) finish. As part of a comprehensive quality assurance/quality control program, one standard is inserted into the sample stream in each group of 20 samples, as well as one or more field blanks in each analytical batch. One sample in each group of 20 is a duplicate. Duplicates will be sent to Acme Analytical Laboratories in Vancouver for analysis.

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