Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") announces it has
received TSX Venture Exchange approval to the issuance of 250,000 bonus shares
(the "Shares"), at a deemed price of $0.18 per Share, to Underhill Associates
Ltd. ("Underhill"). The Shares are issued pursuant to a consulting agreement
dated January 24, 2011 between the Company and Underhill (the "Consulting
Agreement"). All terms and conditions of the Consulting Agreement have been
successfully completed and a pre-feasibility study report with respect to the
Company's Taysan Copper-Gold Project ("Project") located on Luzon Island,
Philippines has been SEDAR filed. A summary of the pre-feasibility study report
was also included in the Company's news release dated April 30, 2012. The
Company does not intend to proceed to full feasibility on the Project. The
Shares are subject to a four month hold period expiring January 29, 2013. 


ON BEHALF OF THE BOARD

MITCH ALLAND, President and C.E.O.

This press release includes "forward-looking statements" including forecasts,
estimates, expectations and objectives for future operations that are subject to
a number of assumptions, risks and uncertainties, many of which are beyond the
control of the Company. There are risks and uncertainties regarding mining in
general including global supply and demand for base and precious metals;
political and economic risk in the Philippines, metallurgical uncertainties;
environmental laws, regulations and permits relating to mine reclamation and
restoration, climate change, emissions to the air and water and human exposure
to hazardous substances used, released or disposed of by the Company; and
uncertainties associated with unanticipated geological conditions related to
mining. Investors are cautioned that any such statements are not guarantees of
future performance and that actual results or developments may differ materially
from those projected in the forward-looking statements. Such forward-looking
information represents management's best judgment based on information currently
available. No forward-looking statement can be guaranteed and actual future
results may vary materially. The Company does not assume the obligation to
update any forward-looking statement, except as required by applicable law.


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