TORONTO, ONTARIO, Nov. 11, 2009 (Marketwire) --
TORONTO, ONTARIO -- (Marketwire) -- 11/11/09 -- Crocodile Gold Corp. (TSX: CRK) announced today that the listing ceremony to recognize the listing and trading of Crocodile Gold Corp. on the Toronto Stock Exchange ("TSX") will take place on Thursday, November 12, 2009. Crocodile Gold common stock was approved for listing by the TSX and began trading on November 6, 2009, under the ticker symbol "CRK".
The listing ceremony will take place at the TMX Broadcast Centre in Toronto, starting at 9:00 AM on November 12th. Mike Hoffman, Crocodile Gold's President and CEO, will represent the Company at the listing ceremony and will open the market at 9.30 AM. Mike Hoffman will be available for interviews following the ceremony.
About Crocodile Gold
Crocodile Gold is a Canadian company that has completed the acquisition of recent past producing gold assets in the Northern Territory of Australia. The assets comprise an area greater than 3,500 square kilometres and are located approximately 90 to 285 kilometres south of the capital city, Darwin, and include the Burnside Project, Tom's Gully Project and Maud Creek Project. The property contains 3.0 million ounces of NI 43-101 compliant measured and indicated resources (40.9 million tonnes at an average grade of 2.3 g/t gold), and 1.8 million ounces of inferred resources (25.9 million ounces at an average grade of 2.3 g/t gold). (See Management Information Circular dated October 5, 2009 and Crocodile Gold Press Release dated September 8, 2009). The Burnside Project includes the Brocks Creek underground mine, the Chinese open pit mine and several additional deposits along the Cosmo/Chinese corridor, including the undeveloped Cosmo underground deposit. The Tom's Gully Project includes the Tom's Gully underground mine and the former Mt Bundy (Rustler's Roost) Mine. Crocodile Gold operates the 8,000 tpd Union Reefs mill and the 800 tpd Tom's Gully mill. Crocodile Gold plans to produce over 100,000 ounces of gold in 2010 and over 200,000 ounces in 2011. Crocodile Gold trades under the symbol CRK on the Toronto Stock Exchange.
Qualified Person
Alfred John Gillman of Odessa Resources Pty Ltd and Fleur Louise Muller of Geostat Services Pty Ltd are the "qualified persons" as such term is defined in National Instrument 43-101 and have reviewed and confirmed the data included in this press release.
Cautionary Note
Certain information set forth in this press release contains "forward-looking statements", and "forward-looking information under applicable securities laws.
