Creso Exploration Announces Extension of Warrants


MONTREAL, QUEBEC--(Marketwire - Sept. 21, 2012) - Creso Exploration Inc. ("Creso" or the "Corporation") (TSX VENTURE:CXT)(OTCQX:CRXEF)(FRANKFURT:C3X) is pleased to announce that, subject to regulatory approval, it has agreed to extend for two year the term of the following previously issued share purchase warrants:

Number of warrants Exercise price Issue Date Expiry date
prior to revision
Revised
Expiry Date
1,666,668 $0.15 September 25, 2009 September 25, 2012 September 25, 2014
1,004,465 $0.15 December 1, 2009 December 1, 2012 December 1, 2014
5,000,000 $0.15 December 8, 2009 December 8, 2012 December 8, 2014

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.

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.

Contact Information:

Vernon Drylie, P. Eng.
President and CEO
(514) 866-6001 # 239
(514) 866-6193 (FAX)
info@creso.ca
www.creso.ca

Douglas Murray
Investor Relations
(613) 220-0569 / (613) 882-7295
dmurray@creso.ca