PERTH, WESTERN AUSTRALIA--(Marketwire - Feb. 17, 2011) -
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.
Crescent Gold Limited (TSX:CRA)(News - Market indication)(FRANKFURT:CRE5) advises that as a safety precaution, it has temporarily suspended operations at the Company's wholly-owned Laverton Gold Project in Western Australia due to the arrival of unseasonal heavy rains throughout the Goldfields region associated with Cyclone Dianne off the northwest coast of Western Australia.
The heavy rains and localised flooding are impacting numerous mining company operations in the region.
Crescent has placed priority on the safety of all staff and contractors based in Laverton and has evacuated the main camp to the community hall in Laverton and suspended all mining and haulage operations until further notice.
Measures are in place to ensure that mining and haulage operations recommence as soon as management is satisfied that it is safe to do so.
Additional information related to the Company is available for review at SEDAR or on the Company's website at www.crescentgold.com.
For more information, please contact
Crescent Gold est une société développant des projet miniers d'or basée en Australie.
Crescent Gold détient divers projets d'exploration aux Philippines et en Australie.
Ses principaux projets en production sont LAVERTON GOLD MINE, LAVERTON WEST GROUP WEST LAVERTON, WEST LAVERTON GROUP EURO, WEST LAVERTON GROUP MARY MAC SOUTH, WEST LAVERTON CRAIGGIEMORE, WEST LAVERTON MARY MAC, CENTRAL LAVERTON GROUP SICKLE, CENTRAL LAVERTON GROUP ADMIRAL HILL, CENTRAL LAVERTON GROUP BARNICOAT, CENTRAL LAVERTON GROUP BELLS, CENTRAL LAVERTON GROUP BOGLE SOUTH, CENTRAL LAVERTON GROUP CASTAWAY, CENTRAL LAVERTON GROUP GROUSE, CENTRAL LAVERTON GROUP IDA H, CENTRAL LAVERTON GROUP PIECES OF EIGHT, CENTRAL LAVERTON GROUP SCOTLAND YET, CENTRAL LAVERTON GROUP SHE RIGHT EAST, CENTRAL LAVERTON GROUP SHE RIGHT WEST, SOUTH LAVERTON GROUP BLACK LABEL, SOUTH LAVERTON GROUP LILY POND WELL, JASPER HILL GROUP FISH, JASPER HILLS GROUP LORD BYRON, BURTVILLE GROUP BURTVILLE et BURTVILLE GROUP KARRIDALE en Australie, son principal projet en développement est LAVERTON-LORD BYRON(JASPER HILLS) en Australie et ses principaux projets en exploration sont MANKAYAN aux Philippines et STURT JOINT VENTURE en Australie.
La valeur de son action a atteint son plus haut niveau récent le 09 novembre 2007 à 0,52 AU$, et son plus bas niveau récent le 18 mars 2011 à 0,03 AU$.
Crescent Gold possède 1 077 909 687 actions en circulation.