Creso Announces 181.2 g/t Ag Over 28.75 Metres Intersection Including 978.5 g/t Ag Over 5.15 Metres Intercept in Additional R...

Creso Exploration Inc. ("Creso" or the "Company")(TSX
VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X) is pleased to announce the results from
two diamond drill holes, MN11-02 and MN11-03, completed on the Mann property in
Milner Township.


Highlights from the results reported here are the intervals 5130 g/t Ag over
0.65 m from 39.8 to 40.45 m and 978.5 g/t Ag over 5.15 m from 35.85 to 41.0 m in
an intersection grading 181.2 g/t over 28.75 m from hole MN11-03. Also reported
are two anomalous silver zones from hole MN11-02, giving 17.9 g/t over 6.5 m
from 27.8 m to 34.3 m, including 141.0 g/t over 0.6 m from 47.8 m to 48.4 m and
14.3 g/t over 49.5 m from 95.0 m to 144.5 m.


These two holes follow on from the initial hole results from DDH MN11-01 (see
Press Release dated December 1, 2011). The program is designed to confirm
historic drill results and test the extensions of the D Zone beyond the known
underground workings (see Press Releases dated September 1 and November 4,
2011). 


DDH MN11-02 was designed to test the near-surface vein cluster in which historic
hole 67-60 had intercepted 520 oz/ton over 2.9 ft (17,828.7 g/t over 0.88 m). It
was set with an azimuth of 176 degrees. The results showed that although MN11-02
had intersected two zones containing anomalous silver, these intersections were
of lower grade. Subsequently, it was concluded that another attempt to define
the location of the historically reported zone should be made with an azimuth of
179 degrees, set for hole MN11-03. The silver results, shown in Table 1, gave
higher grade intercepts in a silver mineralized zone from 21.25 m to 50.0 m.




Table 1. Silver Enriched Zones                                              
                                                                            
Hole              From        To     Length      Grade                      
Number          metres    metres     metres   Ag (g/t)  Comment             
----------------------------------------------------------------------------
                                                                            
                                                        anomalous silver    
MN11-03          21.25      50.0      28.75      181.2  zone                
including        35.85      41.0       5.15      978.5                      
                                                        intersection at     
including         39.8     40.45       0.65     5130.0  historic drift level
                                                                            
                                                        anomalous silver    
MN11-02           27.8      34.3        6.5       17.9  zone                
and               95.0     144.5       49.5       14.3                      
                                                        intersection below  
                                                        floor of historic   
including         47.8      48.4        0.6      141.0  drift               



Drill hole number MN11-03 intersections include both silver- and cobalt-bearing
vein systems; results for the cobalt intersection are shown in Table 2. The
cobalt interval was intersected above the anomalous silver zone, in hole
MN11-03.




Table 2. DDH MN11-03 Cobalt Intersection                                    
                                                                            
Hole            From        To    Length     Grade                          
Number        metres    metres    metres    Co (%)  Comment                 
----------------------------------------------------------------------------
                                                                            
                                                    intersection of         
                                                    carbonate vein with     
                                                    black chlorite veinlets 
MN11-03         11.0      11.4       0.4      0.20  in diabase              



All intervals in Tables 1 and 2 represent core lengths and not true widths.

A total of 5 drill holes have been completed in the Mann property program, for a
total of 775 metres. Drill results from 2 holes are pending. They will be
reported as they become available.


This Press Release has been reviewed and approved by Mr. Mike White, M.Sc.,
P.Geo., the Qualified Person under National Instrument 43-101.


Creso Exploration QA/QC procedures follow standard industry practices. Sealed
core boxes are transported twice daily from the drill rig to the core logging
facility by qualified drill contractor personnel. Core is logged and prepared
for sampling in a secure building. Sample intervals are selected according to
geologic contacts, visible mineralization, and alteration. Drill core is cut
along a center line using a typical circular rock saw designed for core cutting.
Sampled core is placed into sample bags, sealed and shipped to an assay lab that
follows the ISO 9000 series of Quality Management standards. All samples were
analyzed for silver, gold and other trace elements at ALS Group Ltd.
laboratories by standard industry procedures. These procedures include silver
and gold by fire assay-AAS finish, with follow-up silver and gold analyses by
fire assay-gravimetric finish and/or metallic screen. Multi-element analysis is
done by ICP (ME-ACD81) using a four-acid digestion. Whole rock analysis is done
by ICP-AES (ME-ICP06) using a lithium metaborate fusion.


Blank and certified standard samples are routinely submitted with all sample
batches sent to the lab for assay. In addition, replicates, duplicates, and
field duplicates are routinely included in sample batches. Samples with visible
gold are analyzed with procedures designed to reduce the variability of the
sample results. And finally, samples are routinely sent to other labs for
additional checks.


About Creso 

The Corporation's principal mining exploration holdings are located in the
Shining Tree mining camp of Northern Ontario within 100 km of the Timmins and
Kirkland Lake mining camps, and additional interests are held in base metal
properties in Guatemala.


FORWARD LOOKING STATEMENTS: This press release contains forward-looking
statements that address future events and conditions, which are subject to
various risks and uncertainties. Actual results could differ materially from
those anticipated in such forward- looking statements as a result of numerous
factors, some of which may be beyond the Corporation's control. These factors
include: results of exploration activities, general market and industry
conditions, and other risks disclosed in the Corporation's filings with Canadian
Securities Regulators.


Forward-looking statements are based on the expectations and opinions of the
Corporation's management on the date the statements are made. The assumptions
used in the preparation of such statements, although considered reasonable at
the time of preparation, may prove to be imprecise and, as such, undue reliance
should not be placed on forward-looking statements. The Corporation expressly
disclaims any intention or obligation to update or revise any forward-looking
statements whether as a result of new information, future events or otherwise,
except as required by applicable law. Depending on exploration results and
available financing, the Corporation may at any point modify its work program.