Cresval Capital Corp.
TSX VENTURE : CRV

Cresval Capital Corp.

November 17, 2010 15:35 ET

Soil Sampling on Cresval's Bridge River Project Identifies Large Copper-Gold-Silver Anomaly

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 17, 2010) - Cresval Capital Corp. ("Company") (TSX VENTURE:CRV) reports that soil sampling results, from the Bridge River Copper Project situated in the Lillooet Mining Division, 40 km north-west of Goldbridge, British Columbia, have revealed three strong anomalies. The sampling conducted was part of an ongoing campaign to identify bulk-minable copper-gold-molybdenum mineralization on the 10,270-hectare project. Exploration to date continues to produce widespread mineralization at surface.

Soil sampling was conducted on two grids: the Russnor and Windy Copper. The Russnor sampling consisted of 552 samples along a survey length of 13,500 metres. 141 samples were taken from the Windy Copper along a survey length of 3,500 metres. One anomaly was identified in the Russnor Grid, with two anomalies identified in the Windy Copper Grid.

Russnor Grid Identifies Possible Porphyry Halo

Sampling along the Russnor Grid revealed a large strong copper-silver-gold anomaly striking in a north-northwest direction. The strike length of the anomaly covered a minimum 1,150 metres and a maximum width of 600 metres. The assayed values remain open to the north and to the south. The south end of the grid showed the highest and widest values. There are correlating anomalous values in molybdenum, cobalt, antimony, nickel, and zinc. The anomalous cobalt occurs mostly within and to the west of the anomaly and may be reflecting pyrite. These values are important, as they may indicate the existence of a pyrite halo that often occur coincidental with porphyry copper deposits.

The Russnor grades of mineralization are as follows:

  1. Russnor adit: average of 1.38% copper over the inner 30.5 metres
  2. Portal zone: 1.19% copper over 12.2 metres
  3. Cliffs south of the portal: 0.57% copper over 6 metres
  4. Cliffs 60 metres northeast of the portal: 1.00% copper over 16.2 metres
  5. Open cut 25 metres north of the portal: 0.94% copper over 12 metres with minor values in gold, silver and molybdenum.

One of the most interesting aspects of the Russnor Anomaly is that the Russnor adit and drilling occur on the east side of the anomaly in an area where the intensity of the anomaly is lower. These characteristics suggest that the Russnor Anomaly is reflecting stronger mineralization than occurs in the adit area.

Two New Anomalies identified at Windy Copper

The Windy Copper showing consists of a 300 metre by 150 metre, copper-mineralized area located approximately 3 kilometres to the north-west of the Russnor showing. The Windy Copper encompasses Showing #3, the Contact zone and additional mineralization located further north. The Windy Copper soil sampling revealed two anomalies: the Contact Anomaly and the Windy Anomaly.

The Windy showing returned from a sloughed, 25 metre long trench 0.605% Copper and 37 ppm Molybdenum over 2 metres across the central portion with maximum values from a grab sample of 5.31% copper, 760 ppm molybdenum, 88.3 g/t Silver and 0.31 g/t gold with 1935 ppm antimony from the south end. Additional fracture-controlled copper mineralization north of Showing #3 returned a maximum of 0.27% copper and 9.3 g/t silver.

Results from the Contact Zone, 200 metres north-east of Showing #3, returned 0.22% copper, 58 ppm molybdenum and 15.8 g/t silver with 1055 ppm antimony across 0.8 metres. A grab sample from the north end of the 22 metre long zone contained 1.48% copper.

The Contact Anomaly is a strong, copper-silver-molybdenum anomaly that correlates directly with the Contact Showing and occurs within the southeastern part of the grid area. The strike of the anomaly appears to be south-easterly with the minimum strike length being 400 metres. It remains open to the southeast, and to a width of up to 350 metres. It also correlates with soil anomalies in lead, zinc, gold, arsenic, nickel, and cobalt.

The Windy Anomaly is a lineal-shaped anomaly occurring to the immediate northwest of the Contact Anomaly and striking northeasterly. It has a minimum strike length of 550 metres, with a width of 125 metres, and remains open both to the northeast and southwest. Its main anomalous values are in gold, arsenic, and zinc with correlating values in copper, silver, lead, and some nickel.

2011 Exploration Season

The three anomalies on the Bridge River Copper Property warrant further exploration. The key target for 2011 will be the Russnor Anomaly, which suggests a large porphyry copper deposit. The 2011 program, now in the planning stages, will be designed to determine the extent of the Russnor anomaly and to test it further.

Recommendations for the Russnor Anomaly include additional soil sampling, trenching and IP/resistivity surveys. Soil sampling and IP/resistivity surveys are also recommended for the Windy Copper Grid.

David Mark, P. Geo, a qualified person as defined by National Instrument ("NI") 43-101, has reviewed and approved the technical information contained in this press release.

The Company reports that CACS International Inc. has been retained on a 3 month trial basis at 1,000 per month in an investor relations capacity.

About Cresval:

Cresval is a junior gold, copper and precious metals exploration company actively involved in two 100% owned projects situated near the productive Bralorne Gold camp in southwestern British Columbia.

Information on the Bridge River project 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 statement.

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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