Mr. Michael McPhie reports

CURIS INITIATES FORMAL OPERATING PERMIT AMENDMENT PROCESS FOR FLORENCE COPPER PROJECT

Curis Resources Ltd. has formally initiated the process to amend major operating permits for the Florence copper project in central Arizona, United States.

On Jan. 31, 2011, Curis submitted a comprehensive application to the Arizona Department of Environmental Quality (ADEQ) to amend the company's existing aquifer protection permit (APP) for the Florence copper project. The submission of this application formally begins the amendment review process to be conducted by ADEQ. Following a "completeness review" of the permit documents, which is scheduled to be completed within 35 business days, ADEQ will undertake a detailed technical review, followed by the issuance of draft permit conditions and a public hearing process.

"This is an important milestone for the Florence copper project," said Curis president and chief executive officer Michael McPhie. "We stated from the beginning that we would initiate project permitting by January, 2011, and, through the hard work of the Curis project team and our expert consulting group over the past several months, we have met this important deadline. Our goal now is to work with ADEQ and the other relevant regulatory agencies to advance a timely review of the Florence copper project's proposed development plans."

Coincident with work to advance permitting for the Florence copper project, the company continues to implement a comprehensive community engagement and stakeholder outreach program in central Arizona. Curis acknowledges the importance of building and maintaining strong relationships with the town of Florence, local landowners and other project stakeholders. The company hosts regular site tours of Florence copper project facilities, has opened a visitor centre that allows interested citizens of Florence and surrounding communities to learn more about the project and the company's near-term development plans, and maintains an up-to-date website for project news, information and events. Curis also has a strong community affairs presence, operating a community office in downtown Florence, and participating in and supporting a number of community-oriented organizations.

"The Florence copper project is a multigenerational development and we want to be seen by the local community as being a positive contributor to the quality of life of the residents who live here," Mr. McPhie said. "We take our responsibility for stewardship of the environment seriously, and believe the significant economic opportunities associated with the development of this project have the potential to provide meaningful benefits to the town of Florence and the state of Arizona."

Curis's submission of the APP permit amendment application marks the formal start of the state and federal permitting process for the Florence copper project, which is expected to take between nine and 12 months to complete. The next step will be the submission of an application to the Environmental Protection Agency (EPA) for an underground injection control (UIC) permit reissuance. Both APP and UIC permits were previously granted to BHP Copper for the Florence copper project in 1997. These two permits are the primary permits required for an in situ recovery operation and would have allowed BHP Copper to proceed toward full commercial production at the time. Following several months of pilot testing by BHP Copper at the Florence copper project site, a decision was made to cease operations in late 1998 as a result of low copper prices.

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