Cresval Capital Corp.
TSX VENTURE : CRV

Cresval Capital Corp.

November 29, 2011 11:53 ET

Cresval Completes Drill Program on Bridge River Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 29, 2011) - Cresval Capital Corp. ("Cresval") (TSX VENTURE:CRV) reports that it has completed the 2011 diamond drill program at its 100% owned Bridge River Project located 40 km northwest of Gold Bridge in southwestern British Columbia. The 11,127 hectare Bridge River Project covers the 5 by 14 km Bridge River pluton, prospective for the discovery of a bulk-minable, copper-molybdenum-gold deposit.

The 2011 drill program consisted of 2135 meters of NQ size core in 8 diamond drill holes testing the Russnor Breccia and the Copper Plateau zones. Previous results from the Russnor Breccia include 1.38% Cu over 30.5m from an old adit, 0.57% Cu over 60m and 1.00% Cu over 16.2m from the canyon of Thunder Creek, and 0.30% Cu over 36.6m from limited drilling. Copper Plateau, with maximum soil values of 4120 ppm Cu, 75 ppb Au, and 457 ppm Mo, covers a 450 by 550m copper in soil anomaly (open to the copper bearing cliffs on the south and open to the east) with results of 0.49% Cu over 4.5m and 0.84% Cu over 2.8m from hand trenching, limited by the length of the trenches.

All core samples were logged and split on site and shipped directly to the laboratory. Drill core is being analyzed by ALS Chemex Labs Ltd. of North Vancouver, British Columbia, an ISO certified laboratory (some samples initially sent to Eco Tech Laboratory Ltd. in Kamloops, British Columbia who was subsequently acquired by ALS Chemex) The core is being analyzed for gold and 35 element ICP. A comprehensive system of standards, blanks, and field duplicates was implemented in the 2011 drill program. Final analytical results will be released as assay data becomes available.

Jean Pautler, P. Geo., is the Company's Qualified Person under NI 43-101 with respect to all technical disclosure relating to the Property.

About Cresval:

Cresval is a junior gold, copper and precious metals explorer actively involved in two 100% owned projects situated in the Lillooet mining district in southwestern British Columbia, Canada near the productive Bralorne gold camp.

Information on these projects is available on the Company's website at www.cresval. com.

ON BEHALF OF THE BOARD OF DIRECTORS

Lee Ann Wolfin, President

Forward looking statements: This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.

Neither 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.

Contact Information

  • Cresval Capital Corp.
    Lee Ann Wolfin
    President
    604-682-3701
    info@cresval.com
    www.cresval. com

    CACS International Inc.
    Doug Kerr
    604-248-8736 or Toll Free: 877-537-9064
    dkerr@cresval.com