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News from Marketwire

Crescent Gold Limited: Audio Broadcast With Managing Director

19:39 EST Sunday, February 24, 2008

PERTH, AUSTRALIA--(Marketwire - Feb. 24, 2008) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

CRESCENT GOLD LIMITED (CRE) (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) provides the opportunity to listen to an audio broadcast with Mr Roland Hill, Chairman, MD in a presentation titled "CRE - High Grade Intersection At Laverton - Mr Roland Hill, Acting Chairman and Managing Director".

To listen, simply click on the link below:

http://www.brr.com.au/event/41185

The presentation details are as follows:

- CRE - High Grade Intersection At Laverton

- Presented by Mr Roland Hill, Acting Chairman, Managing Director

- Mon, 25 Feb 2008 11:00AM AEST

Roland Hill, Managing Director & Acting Chairman

Additional information related to the Company is available for review at www.sedar.com or on the Company's website at www.crescentgold.com.

Caution Regarding Forward Looking Statements

Some of the statements in this news release contain forward-looking information, which involves inherent risk and uncertainty affecting the business of Crescent. Actual events may differ materially from those currently anticipated in such statements.


SHARE INFORMATION

ASX Share Price:   A$0.35
Issued Shares:     589.8m
Market Cap:        A$206.4m
Options unlisted:  30.2m

FULLY DILUTED BASIS

Shares:            620.0m

RESOURCES

Indicated:         0.97m ozs
                   21.3mt
                   1.5g/t

Inferred:          0.49m ozs
                   10.5mt
                   1.4g/t

RESERVES

Probable:          0.40m ozs
                   7.6mt
                   1.7g/t

RESOURCE

Market Cap/oz:     A$141/oz
EV/oz:             A$82/oz

RESERVE

Market Cap/oz:     A$523/oz
EV/oz:             A$305/oz

FOR FURTHER INFORMATION PLEASE CONTACT:

Crescent Gold Limited - in Australia
Hayley Patton

+61 8 6380 7100
+61 8 6380 7199 (FAX)


or
Crescent Gold Limited - in Canada
Renee Brickner

(604) 802-6806

Email: info@crescentgold.com
Website: www.crescentgold.com

The TSE does not accept responsibility for the adequacy or accuracy of this release.

© Marketwire


 

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