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Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) reported its maiden profit of $898,000 for the six months ended 31 December 2009.

Crescent Gold Limited (TSX:CRA)(ASX:CRE)(FRANKFURT:CRE5) reported its maiden profit of $898,000 for the six months ended 31 December 2009.

The press release is quoted as saying:

The Company announced on 9 December 2009 the discovery of significant vanadium outcrops and iron mineralisation within the Calvert Hills joint venture tenement in the Northern Territory.

Click here to access the entire press release

Click here to access Crescent Gold Corporate Site

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