Creso to Explore Rich Silver Targets

Creso Exploration Inc. ("Creso" or the "Company") (TSX
VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X) is pleased to announce results of a
sampling program on its Morel property. The claims are 100% owned by Creso with
no underlying royalties.


Grab and chip samples from the Bloom Lake South area (11.3 kilometres NNW of the
O'Brian Mine in the Shining Tree District) were taken from adits, shafts,
trenches and dump materials located in proximity of six historical shafts. The
following table is a summary of the sampling.




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Sample             Ag           Co           Cu              Zn           Au
ID                ppm          ppm            %             ppm          g/t
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27810            73.1          640         1.74              90         0.06
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27811           323.0         6574         9.97              77         0.13
----------------------------------------------------------------------------
27812            52.5         4839         1.43              48         0.03
----------------------------------------------------------------------------
27813           350.0         7573        12.94            7436         0.05
----------------------------------------------------------------------------
27814           351.0         7306        13.00            7814         0.06
----------------------------------------------------------------------------
                                                  greater than            
27815           580.0         8139         2.31        10000(i)         0.02
----------------------------------------------------------------------------
27816            33.1          517         1.29            1989         0.02
----------------------------------------------------------------------------
                                                                            
(i)3.67% Zn                                                                 



Sample No. 14 is a chip sample over 30 cm from an east-west oriented fracture
zone filled with calcite-quartz veinlets mineralized with chalcopyrite and
bornite. The vein is exposed in a trench a few meters for an old shaft. A large
outcrop in the vicinity shows a stockwork pattern of the quartz calcite veins in
the Nipissing Diabase.


Other samples taken 2.8 kilometers further north on the shore of Bloom Lake and
located in proximity of three other historical shafts assayed up to 2.84% Cu.
For more details consult www.creso.ca.


The detailed airborne geophysical survey completed by Terraquest on behalf of
Creso on the Morel Claim block in 2010 shows a very good MAG correlation with
the sample locations. 


Current and historical works indicate that silver mineralization, with
associated cobalt-nickel-iron arsenides, occuring in carbonate veins is related
to Multiphase Nipissing intrusions with hydrothermal mineral enrichment and/or
contamination by melting or partial melting of country rock (Huronian
Sediments). Multiphase character of intrusions is clearly seen in geophysical
variations in Magnetic and Potassium response on the Terraquest airborne work.
Structural control is largely secondary.


New mineral targets are primarily geophysical within northerly trending
Nipissing Intrusions and related veining. Mineralization occurs as native
metals, arsenides, sulphides, and oxides. The bulk of the silver is in the
native state with minor native bismuth and gold. The arsenides are mainly the
cobalt-nickel-iron varieties and the silver is intimately associated with them.
Some 60,197,000 oz Ag, 1,329,000 lbs Co, 32,000 lbs Ni, and 73,000 lbs of Cu
were recovered within the Gowganda district between 1910 and 1969. Two thirds of
the reported metal production came from the O'Brian Mine, 11.3 km south of the
Morel property south boundary. (Reference Geology of Gowganda Lake-Miller Lake
Silver Area: District of Timiskaming; W.H. McIlwaine; 1978. OGS report 175 and
Open File Report 5701, Conrod, 1989).


The technical content of this press release has been reviewed and approved by
Mr. Mike White, M.Sc., P.Geo., the Qualified Person under National Instrument
43-101.


Mexico

The Company also informs that it has decided not to acquire an interest in the
Zamora/Campanillas properties in Mexico announced in press release dated March
5, 2012.


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.