Carlisle Adds Second Drill to MacLellan Program

Toronto, On - March 18, 2008 - 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.

For further Information Please Contact:
Stephen G. Mlot, President
Carl McGill, Director
416 368-0028
416 703-3695 fax
www.carlislegold.com
info@carlislegold.com

Renmark Financial Communications Inc.
Neil Murray-Lyon : nmurraylyon@renmarkfinancial.com
Jen Power : jpower@renmarkfinancial.com
Media - Eva Jura : ejura@renmarkfinancial.com
Tel. : (514) 939-3989
Fax : (514) 939-3717
www.renmarkfinancial.com

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.