Cassius Ventures Ltd. Provides Further Update on El Zungano Concession

Cassius Ventures Ltd. (TSX VENTURE:CZ) (the "Company") announces that the
agreement between the Company and the former landowner of the El Zungano
concession has been terminated and that the Company has requested that the
Ministry of Energy and Mines return the concession back to the former landowner.


The El Zungano concession covers approximately 23,814 hectares in the Company's
Nueva Segovia project area and was acquired in January 2012 as part of the
Company's acquisition of Nueva Segovia Mining S.A., a private Nicaraguan company
for $5,000.


Further updates will be provided in due course.

On behalf of the Board of Directors

John A. Thomas, P.Eng., CEO and President

Eddy Canova, P.Geo., Director of Exploration of the Company and a Qualified
Person as defined by NI 43-101, has reviewed and is responsible for the
technical information contained in this news release.


This news release contains forward-looking information (within the meaning of
Canadian securities laws) about the Company and its future plans.
Forward-looking information reflects management's expectations or beliefs
regarding future events rather than historical facts, and in this news release
includes, without limitation, statements regarding potential mineralization and
resources, exploration results, and future plans and objectives of the Company.
In certain cases, forward-looking statements can be identified by the use of
words such as "plans", "expects" or "does not expect", "scheduled", "believes",
or variations of such words and phrases or statements that certain actions,
events or results "potentially", "may", "could", "would", "might" or "will" be
taken, occur or be achieved. There can be no assurance that forward-looking
statements will prove to be accurate, and actual results could differ materially
from those expressed or implied by the forward-looking statements.
Forward-looking statements are based on certain assumptions that management
believes are reasonable at the time they are made.

In making the forward-looking statements in this news release, the Company has
applied several material assumptions, including, but not limited to, the
assumption that: (1) the Company's ability to discover minerals in commercially
feasible quantities in Nicaragua, (2) the Company's ability to raise the
necessary financing for ongoing operations and to complete any acquisitions or
pursue any planned exploration programs, (3) there being no significant
disruptions affecting operations, whether due to labour/supply disruptions,
damage to equipment or otherwise; (4) permitting, development, expansion and
power supply proceeding on a basis consistent with the Company's current
expectations; (5) certain price assumptions for gold; (6) prices for
availability of natural gas, fuel oil, electricity, parts and equipment and
other key supplies remaining consistent with current levels; (7) the accuracy of
current mineral resource work and studies on the Company's property; and (8)
labour and material costs increasing on a basis consistent with the Company's
current expectations. Important factors that could cause actual results to
differ materially from the Company's expectations include, among others, risks
related to the ability of the Company to obtain necessary financing and adequate
insurance; the economy generally; fluctuations in the currency markets;
fluctuations in the spot and forward price of gold or certain other commodities
(e.g., diesel fuel and electricity); changes in interest rates; disruption to
the credit markets and delays in obtaining financing; the possibility of cost
overruns or unanticipated expenses; employee relations. Accordingly, readers are
advised not to place undue reliance on forward-looking statements. Except as
required under applicable securities legislation, the Company undertakes no
obligation to publicly update or revise forward-looking statements, whether as a
result of new information, future events or otherwise. Reference to the section
entitled "Risks and Uncertainties" immediately preceding this section.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Cassius Ventures Ltd.
604-558-1107
604-566-9081 (FAX)

Cassius Ventures Ltd (TSXV:CZ)
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