Crescent Resources Reports Phase One Drill Results Confirming Near Surface Gold Mineralization, Including 11.40 Meters at 4.86 g/t Gold, on the Uncle Sam Project, Alaska 0

VANCOUVER, BRITISH COLUMBIA — (Marketwire) — 07/28/11 — Crescent Resources Corp. (TSX VENTURE: CRC) reports results from the first four diamond drill holes completed as part of the 2011 exploration and drill program at the Uncle Sam Gold Project in the Tintina Gold Belt, Alaska. These results are from the Wolf Prospect, the first of three large gold in soil anomalies on the project to be drilled by Crescent. The project is located 65 kilometers southeast of Fairbanks, Alaska, 40 kilometers