Crazy Horse Resources Inc. announced that it has placed its Taysan Copper-Gold Project on a care and maintenance basis in order to minimize expenses while it continues to pursue a trade sale or joint venture. With the company in a non-operational and cash conservation mode, Mr. Brian Lueck has agreed to resign as Chief Operating Officer and a director. As a founder and substantial shareholder of the company Mr. Lueck will continue to support the company.

Mr. Lueck is replaced as a director by Mr. Roderick R.C. Salazar III. Mr. Salazar is the company's external legal counsel in the Philippines and a recognized legal expert in the areas of mining and minerals resources. Mr. Salazar is Co-Managing Partner of the law firm of Fortun Narvasa Salazar and a director and/or officer of a number of resource companies with operations in the Philippines.