Crazy Horse Resources to Acquire Advanced-Stage Copper Project

KELOWNA, BRITISH COLUMBIA--(Marketwired - April 28, 2015) -

Editors Note: There is a photo associated with this press release.

Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company", "Crazy Horse") is pleased to announce that it has entered into a letter agreement with Solfotara Mining Corp. ("Solfotara") to option and acquire, subject to shareholder and regulatory approval, all of Solfotara's ownership interest in the advanced-stage Basay project, the Kilong-Olao/Bayosen projects, and the highly prospective Biliran gold project in the Philippines.

Acquisition Highlights

Basay Copper Project:

• The Basay mine operated from 1979 to 1983 as an open pit and underground copper operation at a rate of up to 24,000 tonnes per day.
  
  
• Between March 2011 and June 2012, Copper Development Corp ("CDC") conducted a diamond drilling program for a total drill program of 69 holes for 33,825 meters. Assay highlights from the Southeast zone, a pipe like mineralized body approximately 200 meters in diameter and at least 500 meters in depth, include:
  
  
  • Hole BSM006: 261m @ 1.08% Cu
    
    
  • Hole BSM009: 408m @ 0.65% Cu

Both of the above holes were drilled at an oblique angle down and across through the mineralized pipe like body. All depths reported of core interval measurements are measured down-hole and mineralization intervals widths are not always representative of true thickness. (See Further Project Details below.)

Kilong-Olao/Bayosen Copper Project:

• At Kilong-Olao, 25 historic drill holes were completed by Marcopper and were drilled within a 500m x 2km copper in soil anomaly above 500 ppm copper.
  
  
• The Bayosen copper anomaly (approximately 2.3 km x 1km in dimension assaying over 500 ppm Cu) remains untested by drilling.

Biliran Copper/Gold Project:

• The property is an active magmatic-derived geothermal system and these systems such as Biliran may contain significant metal contents. The area was historically mined for native sulphur.

Dev Randhawa, CEO for Crazy Horse Resources, commented,

"The resource sector is currently a buyers' market for companies with an experienced Management team and a strong track record of success. The acquisition of Solfotara's shares and property rights at such attractive metrics adds considerable value for our shareholders and we look forward to developing these highly prospective projects."