CZH

Crazy Horse Resources Inc. (TSX VENTURE:CZH) (the "Company") is pleased to
announce the completion of its non-brokered private placement of 6,973,975
common shares ("Shares") for proceeds of C$5,230,481.


The private placement included a subscription of 823,975 Shares made by Copper
Development Corporation pursuant to anti-dilution rights granted under its prior
purchase of 6,666,667 Shares of the Company (see news release dated July 4,
2011). As a result of this investment, Copper Development Corporation will
maintain its 11.82% interest in voting securities of the Company.


The Company is fully funded for its Bankable Feasibility resource and site
investigation drilling which will be completed during 2011; its Pre-Feasibility
Study costs; and remaining working capital requirement for 2011. 


No finder's fee or commissions were paid in respect of the private placement.

The Shares will be subject to a four-month hold period in accordance with
applicable Canadian securities laws that expires on November 14, 2011. 


About Crazy Horse Resources Inc. 

Crazy Horse Resources Inc. is a Tier 1 mining issuer listed on the TSX Venture
Exchange. The Company's focus is on its Taysan Project. The Taysan Project
contains a copper-gold porphyry deposit with an inferred resource, and is
comprised of two mining exploration permits and three mining exploration permit
applications (permits: EP-IVA-005 and EP-IVA-016, and permit applications:
EPA-IVI-108, EPA-IVI-111 and EPA-IVA-081) over five contiguous claim blocks
covering a combined total area of 11,254 hectares. The Taysan Project hosts a
large and only partly explored copper-gold porphyry deposit similar to other
copper-gold porphyry deposits previously mined in the Philippines. The Taysan
Project is located in southern Luzon, Philippines in a well-developed mining
province and readily accessible by road located 20km east of the provincial
capital and deep water commercial port of Batangas City. The Company is
currently conducting a feasibility study under the management of AMECMinproc
Limited, which remains on track and on schedule. 


A National Instrument 43-101 compliant technical report by Mining Associates
dated effective March 11, 2011 and entitled "Mineral Resource Estimate and
Preliminary Economic Assessment Taysan Project" can be viewed under the
Company's profile on SEDAR (www.sedar.com).


ON BEHALF OF THE BOARD

Johan Raadsma, President, CEO and Secretary

This press release includes "forward-looking statements" including statements
relating to completion of the proposed Offering and use of the offering
proceeds, that are subject to a number of assumptions, risks and uncertainties,
many of which are beyond the control of the Company. 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. There is no assurance that the Company will be successful in raising
any or all of the private placement, or that the terms thereof will not
materially change prior to closing. The Company does not assume the obligation
to update any forward-looking statement, except as required by applicable law.

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