Cresval Capital Corp.

Cresval Capital Corp.

December 14, 2011 11:28 ET

Cresval Reports Results from 2011 Drill Program on Bridge River Project

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 14, 2011) - Cresval Capital Corp. ("Cresval or the Company) (TSX VENTURE:CRV) reports assay results from the 2011 diamond drill program on its 100% owned Bridge River Project, a copper (molybdenum-gold) porphyry target located 40 km northwest of Gold Bridge in southwestern British Columbia. The 2011 program consisted of 2031.5 metres of NQ size diamond drilling in 9 holes. Five holes tested the Copper Plateau zone, while 4 holes tested the Russnor Breccia, The program was successful in intersecting broad zones of copper mineralization.

The Copper Plateau covers a partly open 450 by 550m greater than 100 ppm copper-in-soil anomaly. Trenching has produced maximum soil values of 4120 ppm Cu and 75 ppb Au, and 0.49% Cu over 4.5m and 0.84% Cu over 2.8m, limited by the length of the trenches. The broad, low grade, widely spaced 2011 drill intersections may occur peripheral to higher grade mineralization.

Drilling on the Russnor zone was confined to a road-accessible copper bearing breccia body with historical results of 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. The historical work and 2011 drilling occur along the eastern margin of an open ended, 600m wide by 1 km long greater than 50 ppm copper-in soil-anomaly, obtained by Cresval in 2010, with maximum values of 985 ppm Cu, 81 ppb Au and 71.1 ppm Mo. See a copy of the map at the Company's website

Significant 2011 drill results are tabulated below as weighted averages.

DDH No. From (m) To (m) Length (m) Cu (%)
CP 11-1 5.0 104.1 99.1 0.051
incl. 65.5 77.7 12.2 0.149
CP 11-2 no significant results
CP 11-3 36.0 121.2 85.2 0.053
incl. 45.1 81.7 36.6 0.090
CP 11-4 15.25 221 205.75 0.033
incl. 27.1 32.15 5.05 0.104
and 133.5 221.0 87.5 0.060
incl. 160.95 211.0 6.35 0.221
CP 11-5 3.05 72.0 68.95 0.043
incl. 27.0 42.0 15.0 0.108
RS 11-6 79.0 268.0 189.0 0.043
incl. 79.0 103.0 24.0 0.082
and 238.0 256.0 18.0 0.103
RS 11-7 no significant results - 200m step out to north
RS 11-8 hole lost in younger basalt before target
RS 11-9 27.1 42.35 15.25 0.050
and 130.75 149.05 18.75 0.046
and 225.25 234.4 9.15 0.046

Most of the core was analyzed for gold and 35 element ICP with 644 samples collected and an additional 87 quality assurance and quality control (QAQC) samples analyzed. The QAQC program, involving the insertion of standards, blanks and field duplicates, indicated acceptable sample handling, processing and laboratory procedures. The drill core was analyzed by ALS Chemex Labs Ltd. of North Vancouver, British Columbia, an ISO certified laboratory.

Specifications of the 2011 drill holes are as follows:

Hole Nad 83 Zone 10 Elevation Azimuth Dip Depth
No. Northing Easting (m) (°) (°) (m)
CP 11-01 5639360 464774 1929 280 -50 205.74
CP 11-02 5639632 464460 1936 130 -50 304.50
CP 11-03 5639757 464666 1950 145 -52 349.91
CP 11-04 5639411 465081 1915 255 -52 252.38
CP 11-05 5639287 464698 1916 260 -50 148.74
RS 11-06 5639872 470275 1547 235 -50 280.40
RS 11-07 5640140 470086 1574 237 -51 188.67
RS 11-08 5639950 470286 1557 235 -50 63.70
RS 11-09 5639984 470217 1530 235 -51 237.44
TOTAL: 2031.48

The 11,127 hectare Bridge River Project covers the 5 by 14 km Bridge River pluton which hosts widespread porphyry style copper ±molybdenum ±gold ±silver, mineralization in seven showings over a 12 km extent. Three showings are documented Minfile occurrences by the British Columbia Geological Survey. Mineralization consists of disseminated sulphide (chalcopyrite, bornite and molybdenite), quartz-sulphide veins and an intrusion-sulfide breccia body. The deposit type is bulk-minable copper-molybdenum-gold-silver, similar to Highland Valley Copper, British Columbia.

Initial recommendations for the 2012 exploration program include diamond drill testing the Russnor, Windy Copper and Copper Plateau copper in soil anomalies, possible induced polarization surveys and early stage exploration on the Nichol showing.

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

Appointment of Andrew Kaplan as Advisor to the Company

Cresval is pleased to announce the appointment of Mr. Andrew Kaplan as an advisor to the Company.

Mr. Kaplan is a graduate of the University of Hartford having a major in Finance and Insurance. He is a founder of A to B Capital Management, and manages the A to B Capital Special Situations Fund, LP which was launched on January 1, 2009. The fund invests in the small cap sector through private, pre-public and publicly traded companies. In addition, he has been a Vice President of Barry Kaplan Associates ("BKA") for the past 16 years, a leading financial public relations firm for both public and private companies in the US, Canada and abroad.

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


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.

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