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     601  0 Kommentare Crocodile Gold Files Technical Reports for Fosterville and Cosmo Gold Mines and Provides Annual General Meeting Information

    TORONTO, ONTARIO--(Marketwired - May 27, 2014) - Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company) has filed technical reports prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") for the Fosterville Gold Mine and the Cosmo Gold Mine. These filings are in support of the May 21, 2014 news release which outlined the updates to the estimated Mineral Reserves and Mineral Resources of the operating mines.

    The Technical Reports are available on SEDAR at www.sedar.com and on Crocodile Gold's website at www.crocgold.com.

    Highlights from the Technical Reports included:

    • Fosterville Gold Mine had a positve 30% increase in total estimated Measured and Indicated Mineral Resources of 16.6 million tonnes at 3.87 g/t Au for 2.1 million ounces of gold and had an 84% increase in Inferred Mineral Resources of 6.4 million tonnes at 3.78 g/t Au for 777,000 ounces of gold.

    • Cosmo Gold Mine had a positive increase of 69% in the Measured Mineral Resources category and a total increase of 4% in the total Measured and Indicated Mineral Resources categories of 4.5 million tonnes at 3.43 g/t Au for 500,000 ounces of gold.

    At Fosterville, drilling in 2013 was focused on near term targets in the Central and Harrier Areas and resulted in the successful delineation of zones of mineralization that have led to growth in total Measured and Indicated Mineral Resources to over 2 million ounces of gold. This increase in Mineral Resources has extended the current Life of Mine plan and an infill drilling program is planned for 2014 to further increase the Mineral Reserves at Fosterville.

    At Cosmo, the Mineral Resources reported are contained within both the Eastern and Western Lodes of the deposit. Drilling in 2013 was focused on near-term targets and was successful in increasing the Mineral Resources to 500,000 ounces of gold in the Measured and Indicated categories, while the mine also produced 57,500 ounces since June 2013. These positive changes to the resources demonstrate a better understanding of the mineralized structures and a 2014 exploration drilling programs will focus on the down plunge extent of the deposit to potentially expand mineral resources.

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    Crocodile Gold Files Technical Reports for Fosterville and Cosmo Gold Mines and Provides Annual General Meeting Information TORONTO, ONTARIO--(Marketwired - May 27, 2014) - Crocodile Gold Corp. (TSX:CRK)(OTCQX:CROCF)(FRANKFURT:XGC) ("Crocodile Gold" or the "Company) has filed technical reports prepared in accordance with National Instrument 43-101 - Standards of …