Crown Gold Clarifies May 5 News Release
May 06 2011 - 10:04AM
Marketwired
Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:
CWM) wishes to retract the disclosure in the May 05, 2011 news
release of "an additional 41,000 ounces of gold ...grading between
1 g/t and 2 g/t..." and "management believes that up to an
additional 250,000 ounces of gold may also be available...". These
quantities have not been characterized as current mineral
resources. The cost analysis disclosed in the news release was also
not meant to imply that any economic viability has been determined
for the proposed operation. This would require the support of a
feasibility study, which has not been completed.
For more information please see the Crown website at
www.crowngoldcorp.com.
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: Crown Gold Corporation Mr. Stephen Dunn President and
CEO (416) 361-2827 Crown Gold Corporation Dr. Anthony Taylor
Executive Chairman (775) 284-7200 info@crowngoldcorp.com
www.crowngoldcorp.com
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