Castle Peak Mining Ltd. announced the appointment of Clive Arthur as Vice President Exploration of Castle Peak. Mr. Arthur is a commercially astute economic geologist with over 30 years experience in the mining industry ranging from grassroots exploration, advanced evaluation and mine development for both precious and base metals. He has worked for major and junior companies throughout Africa and in Central Asia, Eastern Europe and Russia and is familiar with the complete range of prospecting techniques, mine evaluation, engineering and extraction methods. Mr. Arthur will be taking charge of the exploration programs in progress and will be responsible for the development and implementation of exploration and delineation policies, processes, procedures and controls related to the exploration and development of existing and potential new projects. The company also announced the Board approval of a $5 million phased exploration budget. Castle Peak plans to execute a follow up drill program on the high grade Apankrah target with additional evaluation drilling to be undertaken on the Nana and Dansuom targets totaling up to 5,000m. A regional target generation, prioritization and drill evaluation program will also be undertaken totaling up to 5,000m. As part of the new target generation program, ground based geophysical surveys (Induced Polarization, magnetics, gradient IP) to complement the existing comprehensive geological database will be completed.