TORONTO, ONTARIO--(Marketwired - Aug 14, 2013) - Crocodile Gold Corp. (CRK.TO)(CROCF)(XGC.F) (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 Northern Territory Projects (the "Projects") for each of the five project areas: Cosmo Mine, Burnside, Union Reefs, Pine Creek and Maud Creek (the "Technical Reports"). These filings are in support of the July 24, 2013 news release, which outlined the updates to the estimated mineral reserves and mineral resources of the Projects.
The Technical Reports are available on SEDAR at www.sedar.com and on Crocodile Gold's website at www.crocgold.com.
In addition, the Company announces that the July 24, 2013 press release contained an error in the estimated inferred mineral resource calculation for the Cosmo Mine. This has been rectified in the table below and reconciles to the Technical Reports. Note that the estimated mineral resource tables contained in the July 24, 2013 press release had rounded numbers, which resulted in small changes, plus and minus, to tonnes and contained ounces. The tables below contain no rounding.
| Table 1: NT Measured and Indicated Mineral Resource 31 December 2012 |
| MEASURED MINERAL RESOURCE | INDICATED MINERAL RESOURCE | ||||||||
| Project | Deposit | Cut-off | Tonnes | Grade | Ounces | Cut-off | Tonnes | Grade | Ounces |
| Cosmo | Cosmo* | 2.0 | 699,592 | 4.27 | 96,155 | 2.0 | 3,400,712 | 3.51 | 383,767 |
| Burnside | HowleyB | 0.7 | 5,835,904 | 1.22 | 228,907 | ||||
| MottramsB | 0.7 | 203,549 | 1.17 | 7,657 | |||||
| North PointB | 0.7 | 138,642 | 1.43 | 6,374 | |||||
| Princess LouiseA | 0.7 | 394,000 | 1.30 | 16,468 | |||||
| Glencoe | 0.7 | 187,460 | 2.12 | 12,777 | |||||
| Rising Tide | 0.7 | 292,299 | 1.45 | 13,639 | |||||
| Fountain Head | 0.7 | 273,037 | 1.79 | 15,694 | |||||
| Tally Ho* | 2.0 | 220,646 | 4.71 | 33,426 | |||||
| Mined Stockpiles | N/A | 4,800 | 2.46 | 380 | |||||
| Union Reefs | Prospect Claim | 2.0 | 449,591 | 5.07 | 73,221 | ||||
| Crosscourse E-Lens* | 1.0 | 2,300,669 | 1.85 | 136,883 | |||||
| Crosscourse Western Lode* | 2.0 | 191,064 | 3.67 | 22,539 | |||||
| Orinoco | 0.5 | 79,780 | 1.32 | 3,386 | |||||
| Pine Creek | Cox | 0.5 | 730,209 | 1.41 | 33,102 | ||||
| Czarina | 0.5 | 1,046,138 | 1.80 | 60,604 | |||||
| Gandy's | 0.5 | 534,506 | 1.81 | 31,098 | |||||
| International | 0.5 | 5,112,082 | 1.19 | 195,585 | |||||
| Kohinoor | 0.5 | 469,531 | 1.79 | 27,075 | |||||
| South Enterprise | 0.5 | 500,138 | 1.99 | 31,984 | |||||
| Maud Creek | Maud Creek* | 1.0 | 7,733,132 | 3.50 | 870,617 | ||||
| TOTAL | 704,392 | 4.26 | 96,535 | 30,093,089 | 2.28 | 2,204,801 | |||
| Note: | * Underground Resource |
| Note: | A = Crocodile Gold holds 80% interest in this deposit |
| Note: | B = depleted from mining as of Dec. 31, 2012 |
| Table 2: NT Inferred Mineral Resource Estimate 31 December 2012 | |||||
| INFERRED MINERAL RESOURCE | |||||
| Project | Deposit | Cut-off | Tonnes | Grade | Ounces |
| Cosmo | Cosmo*B | 2.0 | 2,348,902 | 3.14 | 237,463 |
| Burnside | HowleyB | 0.7 | 1,350,719 | 1.41 | 61,231 |
| MottramsB | 0.7 | 169,194 | 1.14 | 6,201 | |
| North PointB | 0.7 | 117,279 | 1.31 | 4,939 | |
| Glencoe | 0.7 | 32,760 | 2.47 | 2,602 | |
| Rising Tide | 0.7 | 371,665 | 1.49 | 17,806 | |
| Fountain Head | 0.7 | 98,819 | 1.95 | 6,209 | |
| Tally Ho* | 2.0 | 114,491 | 4.86 | 17,879 | |
| Kazi | 0.7 | 410,280 | 1.95 | 25,675 | |
| Western Arm | 0.7 | 3,383,354 | 1.11 | 120,283 | |
| Bridge Creek | 0.7 | 1,799,068 | 1.16 | 66,848 | |
| Bon's Rush | 0.7 | 804,590 | 2.33 | 60,396 | |
| Iron Blow* | 1.0 | 3,174,876 | 2.08 | 212,315 | |
| Union Reefs | Prospect Claim | 2.0 | 380,245 | 7.23 | 88,415 |
| Crosscourse E-Lens* | 1.0 | 479,092 | 1.96 | 30,171 | |
| Crosscourse Western Lode* | 2.0 | 96,240 | 4.05 | 12,526 | |
| Low-Grade Stockpiles | N/A | 260,000 | 0.80 | 6,300 | |
| Esmeralda | 0.5 | 1,062,374 | 2.06 | 70,273 | |
| Lady Alice | 0.5 | 67,569 | 1.88 | 4,084 | |
| Millars/Big Tree/PingQue | 0.5 | 522,538 | 1.79 | 30,118 | |
| Orinoco | 0.5 | 17,103 | 2.42 | 1,331 | |
| Union North | 0.5 | 559,306 | 1.52 | 27,269 | |
| Union South/ Temple | 0.5 | 818,350 | 1.33 | 34,962 | |
| Pine Creek | Cox | 0.5 | 74,431 | 1.36 | 3,254 |
| South Czarina | 0.5 | 294,256 | 1.49 | 14,096 | |
| Enterprise | 0.5 | 1,060,569 | 2.57 | 87,632 | |
| Gandy's | 0.5 | 482,194 | 2.92 | 45,277 | |
| International | 0.5 | 197,309 | 1.29 | 8,183 | |
| Kohinoor | 0.5 | 330,938 | 2.67 | 28,448 | |
| South Enterprise | 0.5 | 100,688 | 1.35 | 4,372 | |
| Maud Creek | Maud Creek* | 1.0 | 4,191,718 | 2.55 | 343,629 |
| TOTAL | 25,170,916 | 2.08 | 1,680,188 | ||
| Note: | * Underground Resource |
| Note: | A = Crocodile Gold holds 80% interest in this deposit |
| Note: | B = depleted from mining as of Dec 31 2012 |
Qualified Person
The Technical Reports conform to the CIM Definition Standards on Mineral Resources and Mineral Reserves referred to in NI 43-101 The qualified persons (each a "QP") who supervised the preparation of Technical Reports are: Mark Edwards, MAusIMM (CP), Manager of Geology for Crocodile Gold Corp. and Phil Bremner, FAusIMM, consultant from Mining One Pty of, Melbourne, Victoria, Australia. Phil Bremner is independent of the issuer as defined by NI 43-101.