VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/19/11 — Cresval Capital Corp. („Cresval“) (TSX VENTURE: CRV) is pleased to announce that it has commenced a work program on its 100% owned New Raven gold project (the „Property“). The 2707 hectare property is situated in the Lillooet Mining Division of southwestern British Columbia, 15 km southwest of Lillooet, British Columbia.
The 2011 exploration program includes excavator trenching, detailed mapping and geochemical sampling to follow up previous mineralized zones, soil anomalies and geophysical conductors (delineated in the 2010 magnetic/VLF-electromagnetic survey).
Proposed trenches for 2011 are focused on:
Additional zones will be explored through reconnaissance mapping and geochemical sampling as follows:
Maps are available at the company-s website at .
Management believes the Property has an excellent potential for discovery of a gold quartz vein type mineral deposit such as Bralorne, which is situated 45 km to the northwest.
Jean Pautler, P. Geo., is the Company-s Qualified Person under NI 43-101 with respect to the Property and all technical disclosure relating to it, including a technical report prepared on March 14, 2010.
About Cresval:
Cresval is a junior gold, copper and precious metals exploration company actively involved in two 100% owned projects situated near Goldbridge in south-western British Columbia near the productive Bralorne gold camp of British Columbia, Canada.
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 statements.
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
CACS International Inc. Doug Kerr 604-248-8736 or Toll Free 877-537-9064
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