Carlisle Adds Second Drill to MacLellan Program



    TORONTO, March 18 /CNW Telbec/ - Carlisle Goldfields Limited, TSX: CGJ -
has moved a second drill rig to the MacLellan Gold Mine Property in Lynn Lake
Manitoba to accelerate the Phase II drilling program recently commenced. The
present objective is to complete the drilling program by mid-May 2008. The
first three of 20 -25 drillholes have been completed for approximately
1000 metres of a planned maximum 10,000 metre program. An initial batch of
185 drill core samples has been delivered to TSL Laboratories in Saskatoon for
analysis, with additional samples awaiting shipment. Assay results will be
released once received.
    The initial targets have been in the Nisku Zone where multiple parallel
vein zones have been defined in previous drilling. The objective has been to
increase the vertical extent of these known vein systems to depths not
previously seen, and to further target new zones identified in the Phase I
drilling completed last year.
    Additional targets will be tested in the Main MacLellan, Dot and Rainbow
zones, as the program progresses. The program is intended to continue filling
in and expanding the mineral resources accessible from within the former
MacLellan mine framework. Targets have been selected based on a detailed
digital model of the mineralization that has been developed for the purpose of
a resource estimation, which is ongoing and being conducted concurrent with
the drilling program. The company is pursuing the completion of this resource
estimate and progress continues to be made. The modeling has outlined
mineralized zones of higher grade and greater width that can be traced over
considerable length, and has greatly increased the understanding and
confidence level in the mineralized zones.
    Recent moves in the price of Gold to over $ 1,000 per ounce have
encouraged Carlisle to move quickly on future development plans for the
project. The Company is working towards completion of a feasibility study in
2008 with a production decision to follow and re-commencement of production at
the earliest possible date thereafter.

    The Toronto Stock Exchange does not accept responsibility for the
    adequacy or accuracy of this news release.

    About Carlisle:

    Carlisle Goldfields Limited, a Canadian based Gold Exploration and
Development company, is the owner of a 20,000 hectare land position in the
Lynn Lake Greenstone Belt of Manitoba where the MacLellan mine produced
roughly 144,000 ounces of gold and 432,000 ounces of silver between 1986 and
1989. The Company is expecting to define resources in the range of 800,000 to
1,200,000 ounces of Gold on its combined Lynn Lake area land holdings.

    Notes:

    This news release contains forward-looking statements, which can be
identified by the use of statements that include words such as "could",
"potential", "believe", "expect", "anticipate", "intend", "plan", "likely",
"will" or other similar words or phrases. These forward-looking statements,
including statements regarding the Corporation's beliefs in potential
mineralization, are based on current expectations, assumptions and projections
about future events and entail various risks and uncertainties that are beyond
the Corporation's ability to control or predict. Actual results may materially
differ from expectations as more information regarding a property is gathered
or if the Corporation's estimates or assumptions prove inaccurate. Factors
that may materially affect actual results include, but are not limited to,
political, business and economic conditions in jurisdictions where the
Corporation conducts business, and risks associated with mineral exploration
and production. The Corporation does not intend, and does not assume any
obligations, to update forward-looking statements, whether as a result of new
information, future events or otherwise. Readers should not place undue
reliance on forward-looking statements.




For further information:

For further information: Stephen G. Mlot, President; Carl McGill,
Director, (416) 368-0028, Fax: (416) 703-3695, info@carlislegold.com,
www.carlislegold.com; Renmark Financial Communications Inc.: Neil Murray-Lyon,
nmurraylyon@renmarkfinancial.com; Jen Power, jpower@renmarkfinancial.com;
Media: Eva Jura, ejura@renmarkfinancial.com, (514) 939-3989, Fax: (514)
939-3717, www.renmarkfinancial.com

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CARLISLE GOLDFIELDS LIMITED

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