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Cresval Capital Corp. Acquires Aumax Property


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May 23, 2012 09:16 ET

Cresval Capital Corp. Acquires Aumax Property

VANCOUVER, BRITISH COLUMBIA--(Marketwire - May 23, 2012) - Cresval Capital Corp. (the "Company") (TSX VENTURE:CRV) is pleased to announce that it has acquired by staking a 100% interest in five mineral claims in southwestern British Columbia through Mineral Titles Online. The claims, known as the "Aumax property", cover approximately 1,087 hectares between Cayoosh and Phair Creeks in the Lillooet Mining Division approximately 16 kilometres southwest of the town of Lillooet. The property is accessible from Lillooet via logging roads from Highway 99 south. Cayoosh Creek has a history of limited placer gold production starting in the 1860's. Some of this production occurred immediately downstream of the property, near the mouth of Downton Creek.

An evaluation of the new property is in the planning stage at this time.

Jean Pautler, P. Geo., is the Company's Qualified Person under NI 43-101 with respect to all technical disclosure relating to the property.

About Cresval Capital

Cresval Capital is a junior copper and precious metals mining company exploring the Bridge River Copper and New Raven Gold projects in the Lillooet mining district in southwestern British Columbia.

ON BEHALF OF THE BOARD OF DIRECTORS

Lee Ann Wolfin, President

Forward looking statements: This release contains statements that are forward looking statements and are subject to various risks and uncertainties concerning the specific factors disclosed under the heading "Risk Factors" and elsewhere in the Company's periodic filings with Canadian securities regulators. Such information contained herein represents management's best judgment as of the date hereof based on information currently available. The Company does not assume the obligation to update any forward looking statements.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.




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