Creso Grants Stock Option

Creso Exploration Inc. ("Creso" or the "Corporation") (TSX
VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X). The Board of Directors of Creso has
approved the granting of options for 200,000 common shares of the Corporation to
Mr. Rejean Gosselin under the stock option plan of the Corporation. The options
exercisable at $0.10 per option are subject to a 4 month hold period and have a
term of 5 years.


Mr. Gosselin was elected to the Corporation's board of directors at the annual
and special meeting of shareholders held on June 26, 2012. 


Mr. Rejean Gosselin obtained a Master degree in geology from Universite Laval in
1979. For more than 30 years, he has been a director and an officer of Canadian
public mining companies. From 2003 to 2007, he was President of Dia-Bras
Exploration Inc., and from February 2008 to June 2010, Chairman and Chief
Executive Officer of Maya Gold & Silver Inc. Mr. Gosselin is still Chairman of
Maya Gold & Silver Inc. Mr. Gosselin is also a member of the advisory committee
of several public mining companies. 


After the grant, the total number of outstanding options under the Corporation's
plan is 7,665,000 or approximately 6% of the outstanding shares.


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.