Carlyle Commodities Corp. provided an update on the current Phase 1 exploration program including rock samples and drill pad construction ahead of drilling at the Cecilia Project (the "Project") in Sonora, Mexico. The Project is currently under option from Riverside Resources Inc. ("Riverside") as both companies prepare for a maiden drill program this fall. Riverside is acting as the operator and is advancing the modelling of drill targets. A key focus of the exploration program is at the Cerro Magallanes where Riverside has identified various high-grade gold targets. Riverside reports that the heart of Cerro Magallanes is a large, multiphase mineralized rhyolitic dome complex with four defined targets: the San Jose, North Breccia, Central and East Targets; all of which have returned high-grade samples including up to *133.7 g/t gold and 288 g/t silver. The recent work has focused on channel sampling at the San Jose and North Breccia targets as described below, with more results expected in the coming weeks. Throughout September, Carlyle and Riverside will be integrating and completing the above near-term work in preparation for a drill program to commence in the near term. Phase 1 ground exploration has defined and confirmed extensive high-grade mineralization on surface at San Jose and North Breccia target as highlighted in Figure 1 below. The latest channel results including 43.2 g/t Au (40 cm channel) and 5.6 g/t Au1 (60 cm channel), are part of a more extensive structural corridor for which historical work has defined the extension up to 300 m in strike length and 20 m width. Current observations and interpretation suggest a potential high-grade structural intersection at depth between the San Jose and North Breccia targets. New data from soil sampling and Aster image processing highlight corridors of alteration following northwest and northeastern oriented structures as shown in Figure 3 below. In addition, widespread gold-bearing quartz veins with gold values up to 12.5 g/t Au confirm presence of fluid migration throughout the district-scale property and especially along the northeastern structure. The divergence in orientation of the northwestern Cerro Magallanes primary fluid migration path and the northeastern trend outside of the dome could be explained by difference in rheology for which the rhyolite dikes act as an aquiclude in the sedimentary units. Rock samples collected at Cecilia were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas' laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standard samples were randomly inserted into the sample stream prior to being sent to the laboratory regarding previous historical operators work on the Cecilia Project. The reliability of historical data is uncertain but is considered to be relevant by Company management because a portion of the historical sampling was resampled and verified; however, there is a risk that the Company's confirmation work or future drill testing may produce results that substantially differ from the historical results.