VANCOUVER, BRITISH COLUMBIA -- 11/24/09 --
Crescent Resources Corp. (TSX VENTURE: CRC) ("Crescent") provides an update on exploration and staking activities at the Rattlesnake Hills Gold properties in Wyoming. Since acquiring the initial properties covering approximately 4,000 acres on July 21, 2009, Crescent has significantly added to its land position and now holds over 9,000 acres in the Rattlesnake Hills area (see the map attached to this news release for details: http://media3.marketwire.com/docs/crc1124m.JPG). Staking and exploration work has focused on ground with geological similarities to the adjacent property being developed by Evolving Gold and other alkalic gold properties such as Cripple Creek in Colorado.
Staking
Crescent has recently staked an additional 257 claims that cover approximately 5,140 acres and now holds approximately 9,180 acres in the Rattlesnake Hills area near or adjacent to Evolving Gold's significant new gold discovery. The new claims targeted areas where gold mineralization would be expected to occur based on Evolving Gold's exploration results and the findings from Crescent's recent ground exploration work as well as the geology of other known similar gold occurrences. Crescent now holds mineral rights in 13 separate blocks covering 20 Tertiary-age intrusives mapped in the Eocene - age Rattlesnake Hills volcanic field.
Exploration Work
Work by Crescent to date has included reconnaissance geology and rock sampling and stream sediment, soil and ground magnetic surveys. The program has been successful in identifying several targets. Full results from all field work will be released when the program is complete and all assays have been received by Crescent.
Crescent Resources:
Crescent is a junior exploration company currently focused on exploring and developing the Rattlesnake Hills North Project in Wyoming. The Company is managed by an experienced team with several discoveries attributable to the group. Crescent currently has 38.5 million shares outstanding and trades on the TSX.V - symbol: CRC.
Crescent Resources Corp.
Michael Hopley, President and Chief Executive Officer
"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."
Contacts:
Crescent Resources Corp.
Don Halliday
Executive Vice President
604-899-1505 (direct)
info@crescentresourcescorp.com
Crescent Resources Corp.
Greg Davis
VP Business Development
604-688-1263 (direct)
greg@crescentresourcescorp.com
www.crescentresourcescorp.com
