Crocodile Gold fka CRK

[Tr8dervic]

CRK up strong today on new PR: Crocodile Gold Pours 10,000 Ounces of Gold in September 2010 Setting New Monthly Record

http://www.crocgold.com/News/News-Releases/News-Release-Details/2010/Crocodile-Gold-Pours-10000-Ounces-of-Gold-in-September-2010-Setting-New-Monthly-Record1122874/default.aspx

TORONTO, ONTARIO -- (MARKET WIRE) -- 10/06/10 -- Crocodile Gold Corp. (TSX: CRK)(OTCQX: CROCF)(FRANKFURT: XGC) ("Crocodile Gold" or the "Company") is pleased to announce that it poured a record of 10,024 ounces of gold in September 2010 and remains on track to produce 85,000 ounces of gold in 2010. Production for the month of September was 9,789 ounces and production during the quarter ended September 30th totalled 26,138 ounces. Year to date production totalled 59,443 ounces.

In releasing this information, Chief Operating Officer, David Keough, commented, "We are pleased to report this record monthly production as it speaks to our steady improvement in operations since we commenced production. We continue to achieve above targeted recovery and continue to increase monthly production which brings us closer to achieving our target production of 85,000 ounces in 2010."

During September 2010, Crocodile Gold milled 185,458 tonnes of ore at a head grade of 1.75 g/t gold and a recovery rate of 94% to produce 9,789 ounces of gold. Gold poured during the month of September was 10,024 ounces. Production during the month was from the Howley, North Point and Princess Louise open pit mines and the Brocks Creek underground mine in the Northern Territory of Australia (refer to Figure 1 below for property location map).

About Crocodile Gold

Crocodile Gold is a Canadian company with operating gold mines in the Northern Territory of Australia and a land package of over 2,500 km(2). Crocodile Gold is currently mining from the Howley, North Point and Princess Louise open pit mines and the Brocks Creek underground mine. Crocodile Gold commenced mining in November 2009 and announced its first gold pour in December 2009 at its Union Reefs Mill. The Company is currently developing the Cosmo underground mine. Ore is currently processed at the 2.4 million tonne per year Union Reefs Mill. Crocodile Gold has 3.09 million ounces of NI 43-101 compliant measured and indicated resources (42.9 million tonnes at an average grade of 2.3 g/t gold) and 1.94 million ounces of inferred resources (26.7 million tonnes at an average grade of 2.3 g/t gold) (see Annual Information Form dated March 31, 2010 and Crocodile Gold press releases dated September 8, 2009 and January 25, 2010). The Company has an exploration program in place with a main focus on the Cosmo/Howley corridor which covers a five kilometre strike length of a 25 kilometre trend.

Qualified Person

David Keough, MAusIMM, Chief Operating Officer of Crocodile Gold is a "qualified person" as such term is defined in National Instrument 43-101 and has reviewed and confirmed the technical information and data included in this press release.