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Cabo Drilling (Nevada) Corp. Awarded Drill Contract by Curis Resources Ltd.

Cabo Drilling Corp. (TSX-V: CBE) (“Cabo” or the “Company”) announces that Cabo Drilling (Nevada) Corp. has been awarded a contract for two drill rigs and a minimum of 7,500 feet of drilling at Curis Resources Ltd.’s (TSX-V:CUV) Florence Copper Project, located midway between Phoenix and Tucson and near to the community of Florence, Arizona.

Drilling services will be performed by Cabo personnel utilizing a CS14 Diamond Core Drill along with a Canterra 250 Reverse Circulation Drill.

Cabo offers a full range of drilling services including surface and underground coring, directional and reverse circulation drilling.  The Company believes that its flexibility in working with its clients to create successful solutions that meet their drilling requirements will be one of the keys to success in the North American market.

John Versfelt, President and CEO of Cabo Drilling Corp. states, “We are more than pleased to advance our United States presence with the introduction of our drilling services at the Florence Copper Project. An important ingredient of our success is our ability to assist our customers in formulating and implementing efficient and cost effective solutions for their exploration and development drilling challenges.”

Cabo’s “safety first” culture has gained Cabo numerous industry awards and recognition for operating with safe work practices.

About Curis Resources Ltd.
Curis Resources Ltd. is a mineral exploration and development company, based in Vancouver, Canada and associated with Hunter Dickinson Inc. (HDI). Curis’ corporate goal is to acquire and develop high-quality copper properties in progressive jurisdictions around the world, and to become a global leader in in-situ copper recovery (ISCR) production and production technologies. Curis Resources Ltd., 1500- 1040 West Georgia St., Vancouver, British Columbia, Canada, V6E 4H8.

About Cabo Drilling Corp.
Cabo Drilling Corp. is a drilling services company headquartered in North Vancouver, British Columbia, Canada.  The Company provides mining related and specialty drilling services through its Canadian divisions in Surrey, British Columbia; Montréal, Quebec; Kirkland Lake, Ontario; and Springdale, Newfoundland; as well as Cabo Drilling (Nevada) Inc. of the United States; Cabo Drilling (Panama) Corp. of Panama, Republic of Panama; Cabo Drilling Panama-Pacifico Corp. of Panama, Republic of Panama doing business as Cabo Drilling Colombia Corp.; Cabo Drilling Spain S.L. of Sevilla, Spain; Balkan States Drilling SH.P.K. of Tirana, Albania; and Cabo Drilling (International) Inc.  The Company’s common shares trade on the Frankfurt Exchange under the symbol: DHL and on the TSX Venture Exchange under the symbol: CBE.

ON BEHALF OF THE BOARD
     “John A, Versfelt”

John A. Versfelt
Chairman, President and CEO

Further information about the Company can be found on the Cabo website (http://www.cabo.ca) and SEDAR (www.sedar.com) or by contacting Sheri Barton, Corporate Communications at 403-217-5830 or Mr. John A. Versfelt, Chairman, President & CEO of the Company at 604-984-8894.  For general investor relation inquiries you may also contact Renmark Financial Communications Inc. Barbara Komorowski: bkomorowski@renmarkfinancial.com or Dan Symons: dsymons@renmarkfinancial.com at Tel: 514-939-3989 or 416-644-2020.

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The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.  This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, potential mineral recovery processes and other business transactions timing.  Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties.  Actual results may differ materially from those currently anticipated in such statements.
 


Last Updated: 05/02/2011