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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 31, 2011) - Crescent Resources Corp. (TSX VENTURE:CRC) ("Crescent") board of directors granted certain directors, officers, consultants and employees 1,000,000 stock options pursuant to the Company's stock option plan for a five year term and an exercise price of $0.37, which is the closing price of the Company's stock on the date prior to the date of grant. The options granted will be subject to any applicable regulatory hold periods.



About Crescent Resources Corp.
Crescent Resources is a resource exploration company focused on the exploration of the Uncle Sam Gold Project in Alaska. Management will also continue to review other opportunities in the resource sector. The Company has 17.6 million shares outstanding thereby providing its shareholders strong leverage to a successful exploration and drilling program.



CRESCENT RESOURCES CORP.



Don Halliday, President and Chief Executive Officer




FOR FURTHER INFORMATION PLEASE CONTACT: Don Halliday
Crescent Resources Corp.
604-899-1505 (direct)
info@crescentresourcescorp.com
ORGreg Davis
Crescent Resources Corp.
VP Business Development
604-688-1263 (direct)
greg@crescentresourcescorp.com
http://www.crescentresourcescorp.com/">www.crescentresourcescorp.com