Central Asia Resources gets Kazakhstan approval

Key points
• Altyntas, Kepken and Kengir prospects approved as Commercial Discovery Prospects by Kazakhstan Government

· 20 year mining licenses secured for all three sites

• Commercial Discovery is permission to proceed with development and production on the company's existing licenses
• Four diamond drill rigs now focused on extension drilling and raising Resource status.

Australian resources company Central Asia Resources Limited ("Central Asia" or "the Company" ASX:CVR) has reached a crucial milestone as it moves from explorer to producer, with the Kazakhstan Government approving three of its prospects as Commercial Discoveries.

The Kazakhstan Government has acknowledged that Altyntas, Kepken and Kengir prospects are of commercial significance and have issued Commercial Discovery status and Mining Licences to Altyn-Tas LLP which is 95% held by Central Asia Resources.

The Company's Managing Director, Jason Stirbinskis said "This marks an extremely significant milestone in the Company's evolution as it essentially transitions the
Company from an explorer to a miner under Kazakh law. This step also removes a significant company risk as the prospect areas are now secured for an additional 20 years and possibly longer".

In addition to Altyntas, Kepken and Kengir, a fourth prospect - Uenke Bulak was awarded Commercial Discovery status in January 2008.

Mr Stirbinskis added "The Company's progress is meeting its three year plan and recent major milestones include -

· Announcing a first wave of Resource statements in March/April 2008

· Raising $14M between April and June 2008 to fund an 18 month program

· Securing 100% ownership of Golden Eagle Investment Resource Limited

· Signing a 20,000m diamond drilling contract

· Commencing detailed metallurgical work on all four prospects.

• Commencing geophysics to explore potential copper mineralisation underlying the Kengir Gold prospect.

"The Company currently has four diamond rigs working the prospects. Two rigs making great progress at Altyntas performing both infill and extension drilling and the other two defining high grade mineralisation at Uenke Bulak.

"We are particularly excited about the Altyntas prospect as it continues to produce strong and occasionally spectacular results such as 43.6m at 19.3g/t from 6.9m including 16.4m at 49.6g/t from 6.9m, including 4.3m at 141g/t from 10.7m in DDH 1089, announced in late May 2008".

Download the full ASX Announcement by clicking here

For further information contact:
Jason Stirbinskis
Chief Executive Officer
Central Asia Resources Limited
Tel: 61 8 9486 4788

Allan Francis
Professional Public Relations
Tel: 61 8 9388 0944