(NOT FOR DISSEMINATION IN THE UNITED STATES OF AMERICA)

Red Crescent Resources Limited ("RCR" or the "Company") (TSX:RCB) is pleased to
announce that it has successfully concluded a number of further agreements of
acquisition and/or exclusive option to undertake due diligence that enable
consolidation of its Land Holdings under licence and a significant increase in
its overall strategic position in S.E. Turkey.


RCR's land holdings under licence in the Hakkari region of S.E. Turkey began at
approximately 30 000Ha and it has now added further in excess of 20 000Ha
strategically positioned to offer a total position in excess of 50 000Ha with
sustainable strike lengths of the known and prospective potential for high grade
Zinc/Lead mineralisation in excess of 70Km.


An additional 15 000Ha of land holdings are now under exclusive option to RCR
and due diligence field teams are being deployed to assess known mineralisation
and ground truth potential identified from RCR's Remote Sensing work conducted
earlier.


See attached Map of Licences held, targeted/under due diligence, etc.

http://media3.marketwire.com/docs/rcbmap1124.pdf

Working with its local partners RCR fully expects that within the following two
to three quarters, i.e. Qtr 1 to Qtr 3 2011, it will have consolidated its
position to the extent that most of the known and prospective Eastern Taurides
Geological sequence carbonate hosted Zinc/Lead deposits will be held under
licence by RCR.


Further RCR holds a number of licences (7 in total) in S.E. Turkey that are
highly prospective for Copper/Gold mineralisation, with known occurrences and
evidence and remnants of mining in ancient times. These are currently being
transferred to or are warehoused in its subsidiary RCR Copper Ltd with plans
under construction for significant exploration works to be undertaken during
2011. Should these prove to be significantly interesting additional
consolidation opportunities are in the process of being prospectively ring
fenced with option agreements.


About Red Crescent Resources Limited 

RCR's business objective is to secure, consolidate and grow its portfolio of
base metal opportunities in Turkey, including zinc & lead, copper and manganese
and to rapidly progress these up the value curve to production. 


RCR's initial and principal focus is the completion of the exploration and the
development of the Hakkari Zinc Project, but also has a clear albeit secondary
focus, in the exploration and development of its currently non-material
properties, which include the Hakkari Copper Project and Hakkari Manganese
Project, opportunities held through its commodity-focused subsidiaries. RCR is
also seeking regional consolidation opportunities for further acquisition.


RCR is proving that its licensed area contains strong potential for the
delineation of mineral resources through the exploration and evaluation with
"state of the art" technologies and techniques of known zinc-lead
mineralization. In a press release issued on August 3, 2010, NiCo described the
first exploration drilling results on RCR's Hakkari zinc project and the interim
assay results associated with this release, along with further exploration
results and information released November 9, 2010 in a separate release.


A copy of a National Instrument 43-101 - Standards of Disclosure for Mineral
Projects ("NI 43-101") compliant Technical Report entitled "NI 43-101 Technical
Report on the Hakkari Zinc Project" dated March 30, 2010 has been filed on
SEDAR. The report was prepared by Michael James Robertson, Pr.Sci.Nat, MSAIMM,
Principal Consulting Geologist for The MSA Group (Pty) Ltd., on behalf of Red
Crescent Resources Holding A.S. ("RCR"), a 99.99% owned subsidiary of RCR, in
respect of its Hakkari zinc project located in the Republic of Turkey.


Alan Clegg, a Qualified Person as defined by National Instrument 43-101, has
reviewed and verified the technical information contained in this news release.


The statements made in this press release may contain forward-looking statements
that may involve a number of risks and uncertainties. Actual events or results
could differ materially from the Company's expectations and projections.