CWM Crown Mining Corp

Crown Gold Corporation ("Crown") (TSX VENTURE:CWM) is pleased to announce that
assay results from new sampling have confirmed silver values as high as 14.4
ounces per ton (496 grams/tonne) with 0.07 opt (2.4 g/t) gold over 0.6 meter in
channel chip sampling on its Black Warrior property in Esmeralda County, Nevada.
The work was undertaken to confirm the previous reports of grades of 20 opt (685
g/t) silver in hand sorted ore sent to the old Sunshine mill at Silver Peak in
1983.


A total of 35 rock chip channel samples were collected along lines oriented
perpendicular, and parallel to, en-echelon, steeply dipping, NE striking, quartz
veins exposed in a 60 x 20 m shallow open-cut. The quartz veins cut gently
dipping, late Precambrian dolomites. Quartz veining also occurs parallel to
bedding. The highest grade sample reported above was taken perpendicular to a
copper-manganese stained vein outcrop exposed at the north-east end of the open
cut. Adjacent 3 m channel samples assayed 0.91 g/t gold, 242 g/t silver and 0.33
g/t gold, 111 g/t silver, respectively, with highly anomalous
copper-lead-antimony-zinc and other metals. Country rock dolomite samples
without visible signs of quartz are generally barren. On the south-east side of
the cut an interval of 22.5 m along strike averages 44.6 g/t silver in altered
dolomite with widespread, minor quartz veining and manganese stained quartz
stockwork. 


The work strengthens the evidence for a steeply dipping vein target postulated
in a 2008 report prepared by a qualified consultant. Previous RC drilling of
vertical holes around the open cut were sub-parallel to steeply dipping
structures. Angled core drilling of these vein targets will also provide
subsurface information on the surrounding base metal rich stockwork, reported by
another consulting geologist, as at least 250 m in length. This type of
stockwork, with highly anomalous base and precious metals, is a signature of
porphyry style mineralization. Detailed mapping and grid soil sampling is
planned to further evaluate both high-grade vein as well as porphyry style
mineralization and develop drill targets.


About Crown

On March 28, 2011 Crown announced signing a letter of intent with an arm's
length private Canadian company, Argentium Resources Inc. ("Argentium"), to sell
Crown's Monte Cristo, Sugarloaf and Blue Sphinx properties in Nevada for
$16,000,000 total consideration, including $2,500,000 in cash and $13,500,000
securities. Crown will also receive 4,500,000 warrants and Argentium will commit
to spend at least $10,000,000 on the Nevada properties within three years.
Completion of a definitive agreement is expected this month with a closing date
in July.


Crown has NI 43-101 compliant inferred resource at Monte Cristo of 3,158,347
tonnes at a grade of 3.02 g/t gold at a 0.5 g/t gold cut-off, a total of 306,000
ounces. At Sugarloaf Peak, the Tip Top Mine has a 43-101 compliant indicated
resource of 353,100 tonnes at a grade of 3.27 g/t gold at a 1.0 g/t gold
cut-off, a total of 37,000 ounces. In addition, an inferred resource amounts to
293,500 tonnes at a grade of 2.47 g/t gold, also at a 1.0 g/t cut-off, a total
of 23,000 ounces. 


One other Nevada property, Gold Springs, contains well-defined, essentially
undrilled, silver and gold targets. There, silver values in surface rock samples
range between 575 g/t (16.8 opt) and 350 g/t (10.2 opt) silver along a 4 km
prominent vein outcrop. A second, poorly exposed sub parallel vein to the east,
assays 33 g/t gold over a 1.3 m true width channel sample.


In Ontario, surface work is now proposed at McKenzie Island property at Red Lake
to develop new drill targets. Drilling along the north west striking Bishops
Break trend earlier this year yielded promising results, including 75 g/t (2.2
opt) gold over 0.91 m (3 feet). Crown's other northwest Ontario properties are
its Sakoose property near Kenora and its Surprise Lake property in the Uchi
Belt, east of Red Lake. In northeastern Ontario, Crown holds three other
strategic land positions: one adjacent to Trelawney's Chester discovery near
Gogama, another at the old Stairs Mine near Matachewan and a third in the heart
of the Timmins camp. Field work on all properties is planned when exploration
funds become available after the close of the Argentium purchase agreement.


Larry Kornze, Senior Consultant to Crown Gold and a registered Professional
Engineer/Geologist, is designated as the Qualified Person under National
Instrument 43-101 and has reviewed and approved the contents of this news
release.


For more information please see the Crown website at www.crowngoldcorp.com.

This press release contains forward-looking statements within the meaning of
applicable Canadian and U.S. securities regulation, including statements
regarding the future activities of the Company. Forward-looking statements
reflect the current beliefs and expectations of management and are identified by
the use of words including "will", "anticipates", "expected to", "plans",
"planned" and other similar words. Actual results may differ significantly. The
achievement of the results expressed in forward-looking statements is subject to
a number of risks, including those described in the Company's management
discussion and analysis as filed with the Canadian securities regulatory
authorities which are available at www.sedar.com. Investors are cautioned not to
place undue reliance upon forward-looking statements.

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