CASTILLO COPPER

LIMITED

ASX Release

23 January 2019

CASTILLO COPPER

LIMITED

ACN 137 606 476

Level 26

140 St Georges Terrace

Perth WA, 6000

Australia

Tel: +61 8 6558 0886

Fax: +61 8 6316 3337

Contact:

Alan Armstrong Executive Director

E-mail:info@castillocopper.com

For the latest news:

www.castillocopper.com

Directors / Officers:

Peter Meagher Alan Armstrong

Peter Smith Robert Scott

Issued Capital:

641.6 million shares 84.5 million options

ASX Symbol:

CCZ

A-Cap Energy not to proceed with Marlborough Project joint-venture

Castillo Copper Limited's ("CCZ" or "the Company") advises that it has mutually agreed with A-Cap Energy (ASX: ACB) not to proceed with the proposed Marlborough Project joint-venture which was announced on 25 July 2018.

After a portfolio review, ACB's Board has decided to focus on developing its asset in Western Australia, which has a legacy mine.

As CCZ's strategic intent for its Queensland assets remains unchanged, the Board will seek a new strategic partner to develop the Marlborough Project.

For and on behalf of Castillo Copper

Alan Armstrong Executive Director

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Disclaimer

Castillo Copper Limited published this content on 23 January 2019 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 23 January 2019 10:33:01 UTC