Creso hits visible gold!!!

Creso Exploration announced positive results today from the deepening of the first 2 holes drilled on their Minto project last year. They have received partial assay results of their discovery hole, (Hole #2 of 65.7 meters grading 18.2 g/t Au and 79.6 meters grading 4.61 g/t Au. Hole #2 was deepened by 382m and preliminary assay results of 82 meters of core so far analyzed is 5.82 g/t Au over 7.6 meters beginning at 423 meters depth. With excess of 300 meters of core remaining to be analysed from Hole #2.. this represents what may be the start of a new and large zone. The bottom zone is new and no true width has been determined yet.

They also deepened hole #1 which missed the zone and they have announced 4 sections of visible gold within a 100m mineralized zone with 2 -4% disseminated pyrite which may grade around 5 g/t au on average over the entire core. If this is correct then CXT.V is going to have a monster hitting an entirely new zone under the impressive initial discovery at shallower depths. Assays are pending from these holes, but if you read between the lines they are expecting some very good results.

I re-iterate that Creso remains a strong buy anywhere under .50 and have been calling it a strong buy between the recent price of .30 - .50 which has paid off doubling from its lows of .30 after the initial sell-off. It doubled on rumor of these excellent results and any astute investor will be using this pullback to buy more shares of Creso. 2 great stocks in Timmins are SAS.TO and LSG.TO which have made excellent discoveries by drilling deeper and Creso is using that exact same strategy to add value to their Minto project. CRESO will trade well north of $1 by the end of the summer if initial indications are any expectation of what is to come. Another hint that the company has something very good is that they hired a very reputable IR firm to tell the story of Minto.

Read the full news release here...