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Watch this one. CXT.V Creso drills 36.5 m of 5.13 g/t Au at Shining Tree.

2013-01-24 14:48 ET - News Release

Mr. Pierre Gauthier reports

CRESO ANNOUNCES DRILLING RESULTS ON THE MINTO PROPERTY

Creso Exploration Inc. has released results from its latest drill program completed on the Minto gold property located in the Shining Tree area of northeastern Ontario.

Highlights include 5.13 grams per tonne gold over 36.5 metres, 2.53 g/t Au over 35.7 m, 1.94 g/t Au over 20.55 m, 17.5 g/t over 1.4 m and 18.4 g/t over 0.70 m.

A total of six diamond drill holes, totalling 1,076 metres, were completed in December of 2012. The company has mandated Roscoe Postle Associates Inc. to complete a review of the drilling and a letter report on the Minto property.

GOLD ASSAY RESULTS HIGHLIGHTS FROM DRILL HOLES CM12-01 TO CM12-06

Hole ID From To Interval (i) Au
(m) (m) (m) g/t

CM12-01 140.5 141.2 0.7 18.4
CM12-02 24.9 61.4 36.5 5.13
CM12-03 24.6 60.3 35.7 2.53
66 67.4 1.4 17.5
CM12-04 40.2 60.75 20.55 1.94
66.1 66.95 0.85 4.43
CM12-05 No significant results
CM12-06 No significant results

(i) Intervals represent core lengths and not true width.

The Minto gold-rich breccia lies in a north-south deformation corridor intersected by east-west structures. Holes CM12-01 to CM12-04 tested the southern portion of the property in an area where a recent compilation had indicated strong similarities with the northern portion of the Minto property, which previously returned 18.2 g/t over 65.7 m in the upper body and 13.3 g/t Au over 82.5 m in the lower body (see press release of Aug. 9, 2010). Holes CM12-05 and CM12-06 tested the eastern portion of the property and are considered as exploratory drill holes.

On the Duggan property, a five-drill-hole, 1,117-metre drilling program which aimed at extending the mineralized body along the 370-metre north-trending zone was recently completed, and results are pending. The gold mineralization at Duggan is developed along a broad north-trending zone of subparallel shears where drilling has intersected in the past 1.52 g/t Au over 75.5 m (see press release of June 8, 2011).

Creso Exploration's quality assurance/quality control procedures follow standard industry practices. Sealed core boxes are transported once daily from the drill rig to the core logging facility by qualified drill contractor personnel. Core is logged and prepared for sampling in a secure building. Sample intervals are selected according to geologic contacts, visible mineralization and alteration. Drill core is cut along a centre line using a typical rock saw designed for core cutting. Sampled core is placed into sample bags, sealed and shipped to an assay lab that follows ISO 9000 series of quality management standards. All samples were analyzed for gold and other trace elements at AGAT Laboratories by standard industry procedures. These procedures include gold by fire assay-ICP-OES finish (202062) and silver by aqua regia digest-AAS finish (201025). Multielement analysis is done by a lithium borate fusion with XRF finish (201676).

Blank and certified standard samples are routinely submitted with all sample batches sent to the lab for assay. In addition, replicates, duplicates and field duplicates are routinely included in sample batches. Samples with visible gold are analyzed with procedures designed to reduce the variability of the sample results. Finally, samples are routinely sent to other labs for additional checks.

This press release has been reviewed and approved by Michael White, MSc, PGeo, the qualified person under National Instrument 43-101.

We seek Safe Harbor.
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