Creston Acquires Surface Rights 

VANCOUVER, BC - Creston Moly Corp. reported that it has finalized the purchase and lease to purchase agreements for three tracts of land adjacent to the Company's El Creston molybdenum deposit located in Sonora State, Mexico. Two of the properties were purchased, and a twenty year lease with an exclusive option to purchase was arranged for the third. Creston now controls a total of 3,498 ha of surface rights encompassing the El Creston molybdenum deposit, the proposed plant site, and the tailings and waste dump sites as contemplated in the M3 pre feasibility that was issued in February 2009.

"Securing these surface rights will allow our Company to develop the El Creston molybdenum deposit entirely within our land holdings," said Bruce McLeod, President & CEO. "In addition we now have more flexibility in finalizing the selection of proposed civil works required to advance the project towards production." The company's address is Suite 860, 625 Howe Street, Vancouver, BC V6C 2T6, 604-694-0005, fax: 604-684-9365, email: [email protected].