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.
Contacts: Cresval Capital Corp. Lee Ann Wolfin President (604)
682-3701 info@cresval.com www.cresval.com CACS International Inc.
Doug Kerr 604-248-8736 or Toll Free 877-537-9064
dkerr@cresval.com
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