CRESCENT GOLD has grown its 100% owned Laverton Gold Project from 0.67m ozs to 1.53m ozs resource since 2003. Its land holdings have quadrupled from approximately 400km2 to 1600km2.

A November 2004 feasibility study showed that the project was economic. Since then, reserves have nearly doubled to 400,000 ozs and the project economics have improved dramatically with additional reserves and an stronger gold price.

The Company recently announced production start-up in February 2007.

First Gold Pour was announced on March 20, 2007.

Crescent Gold has expanded its exploration portfolio to include projects in South Australia where it is targeting large scale iron oxide copper gold uranium (IOCG-U)mineralization in the Olympic Dam Area. Crescent continues to maintain a presence in Northern Territory where it holds interest in a number of prospective uranium projects.

The company is 6% owned by the Directors, who have personally invested $2 million into Crescent Gold