Carlyle Commodities Corp. announced positive results from recent preliminary metallurgical test work on its Newton Gold & Silver Project, with gold extraction of approximately 80%. Metallurgical Testing Summary: The Company submitted a master composite consisting of primarily felsic volcanic material of continuous drill core intervals from three drill holes for testing, which is the primary host rock of the Company's current National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") Newton Project Inferred Mineral Resource.

Testing was carried out and supervised by Base Metallurgical Laboratories (BaseMet), Kamloops, B.C. under test program BL1338. The objective of the program was to conceptualize a preliminary process flowsheet that would produce gold and silver dore, and to evaluate the metallurgical performance of the mineralization. The testwork included gravity concentration, Whole-ore-leach (WOL) and flotation at various grind sizes followed by leach of the rougher concentrate and tailings.

Gravity Test Results: Two initial gravity concentration tests were conducted on the master composite at 80% passing (P80) 75 and 150 microns. The highest recovery was at the coarser grind size with approximately 22.8% of the gold being recovered at a grade of 211.8 g/t. Initial Whole Ore Leach ("WOL") Test Results: A preliminary WOL investigation was completed at three grind sizes. The results for the master composite tested showed that a primary grind size in the range of P80 75 microns provided the best results with 73.2% of the gold and 43.2% of the silver extracted.

To investigate the gold losses, a 3-Stage Diagnostic leach test was completed on Test 3 WOL tailings. The results indicated that some of the gold may be locked in sulphide minerals and gangue requiring additional liberation. Flotation + Leach Results: To provide better liberation and improve overall gold extraction a flotation/leach flowsheet was tested.

The flotation results were encouraging with 88.5% of the gold and 82.6% of the silver recovered to a rougher concentrate. The rougher concentrate was reground to approximately P80 15 microns prior to a 2-hour pre-oxidation and 48-hour cyanide leach. The rougher tailings were leached at the target primary grind of P80 75 microns and achieved the best gold extraction after 24-hours.

The overall gold and silver extraction for the master composite was 80.3% and 32.7%, respectively.