VANCOUVER, British Columbia, Feb. 28, 2011 /CNW/ -- Canoro Resources Ltd. (the "Company") (TSXV: CNS) announces that, further to its press releases dated December 21, 2010 and January 27, 2011, a further hearing was held in the High Court of Delhi respecting the purported termination of the Amguri Production Sharing Contract by the Ministry of Petroleum and Natural Gas of India. The Court has reserved its decision and the Company will provide a further update upon receiving the same. For further information, please contact: Rene Randall Tel: 604-408-8538 Email rrandall@bmgmt.com or visit the Company's website at www.canoro.com ------------------------------------------------ Rene Randall, +1-604-408-8538, rrandall@bmgmt.com, for Canoro Resources Ltd. Web Site: http://www.canoro.com

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