Crescent Gold Limited: Audio Broadcast With Managing Director

Mon May 12, 2:13 AM

PERTH, WESTERN AUSTRALIA--(Marketwire - May 9, 2008) - Crescent Gold Limited (TSX: CRA.TO)(ASX: CRE.AX)(FRANKFURT:CRE5) -

CRESCENT GOLD LIMITED (CRE) provides the opportunity to listen to an audio broadcast with Mr Roland Hill, Chairman, MD in a presentation titled "CRE - Project Loan Facility Repaid - Mr Roland Hill, Managing Director".

To listen, simply click on the link below:

http://www.brr.com.au/event/45495

The presentation details are as follows:

- CRE - Project Loan Facility Repaid - Mr Roland Hill, Managing Director

- Presented by Mr Roland Hill, Chairman, MD

- Mon, 12 May 2008 02:00PM AEST

Regards

Crescent Gold Limited 

Roland Hill                  Julian Tambyrajah
Managing Director            CFO & Company Secretary

Further information on Crescent Gold Limited and technical reports on the Laverton Gold Project and all aspects of the Company's activities can be found on the company's website www.crescentgold.com. 

SHARE INFORMATION

ASX Share Price:         A$0.26
Issued Shares:           590.3m
Market Cap:            A$153.5m
Options unlisted:         29.7m

FULLY DILUTED BASIS
Shares:                  620.0m

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$105/oz
EV / oz:                A$67/oz

RESERVE
Market Cap/oz:         A$389/oz
EV / oz:               A$247/oz

Contacts

Kathleen O'Shea
Crescent Gold Limited - in Australia
+61 8 6380 7100
+61 8 6380 7199 (FAX)

Renee Brickner
Crescent Gold Limited - in Canada
(604) 802-6806
Email: info@crescentgold.com
Website: www.crescentgold.com