Crescent Gold Limited: Request for Trading Halt

Mon Jul 7, 12:01 AM

PERTH, WESTERN AUSTRALIA--(Marketwire - July 7, 2008) - The Board of Crescent Gold Limited (TSX: CRA.TO)(ASX: CRE.AX)(FRANKFURT:CRE5) (ASX Code CRE) request a trading halt of company stock for 2 days pending an announcement updating the market on the status of the Group including the Laverton Gold Project.

Regards

Crescent Gold Limited

Mark Tory, CFO & Company Secretary 

ASX Code: CRE
TSX Code: CRA
FFT Code: CRE5

SHARE INFORMATION

ASX Share Price:           A$0.195
Issued Shares:              590.7m
Market Cap:               A$115.2m
Options unlisted:            29.7m

FULLY DILUTED BASIS
Shares:                     620.3m

RESOURCES
Indicated:               0.97m ozs
                            21.3mt
                            1.5g/t

Inferred:                0.49m ozs
                            10.5mt
                            1.4g/t

RESERVES
Probable:                0.40m ozs
                             7.6mt
                            1.7g/t

RESOURCE
Market Cap/oz:             A$79/oz
EV / oz:                   A$41/oz

RESERVE
Market Cap/oz:            A$292/oz
EV / oz:                  A$150/oz

ABN 49 087 360 996

Contacts

Mark Tory
Crescent Gold Limited
CFO & Company Secretary
+61 8 6380 7100
+61 8 6380 7199 (FAX)
Email: info@crescentgold.com
Website: www.crescentgold.com