Red Crescent Resources Limited (TSX:RCB)(FRANKFURT:7RC) ("RCR"), a base metals
focused mineral exploration and mine development company with operations in
Turkey, is pleased to provide an update on its activities since the closing of
the private placement with Link Investment & Consulting, LLP ("Link") in July,
in which Link subscribed for CAD$1.2 million in units and converted USD$1.8
million of debt to equity.


The initial focus of the Company has been to get the Hakkari Zinc mining
operation to become a cash generating asset as quickly as possible.


To enable this, the Company entered into a five-year lease agreement through its
Turkish bankers to procure additional mining equipment valued in excess of USD$
1 million and purchased additional equipment outside of the lease arrangement
valued at approximately USD$ 170,000. This equipment was delivered on site in
mid-September.


Concurrently, the Company entered into a third party agreement with a
subcontractor to expand operations on an open pit basis and commence the
development of underground tunnels that will enable access to mineable resources
and create mineable reserves.


Production on the Uzumlu (Pentagon) licence from open pit mining commenced in
mid-September and to the date of this release, approximately 500 tonnes of DSO
(Direct Shippable Ore) has been extracted and is currently undergoing sizing via
crushing and screening prior to trucking to the Turkish port for export, which
is expected in October. The first export lot of DSO is expected to be around
1,000 tonnes, valued around USD$120,000 FOB Turkish port basis.


Also during this period, Alexander Mining PLC reported through a press release
favourable AmmLeach(R) amenability testwork results for the recovery of zinc
from samples provided from the Hakkari Project.


Management is evaluating opportunities to monetize the Sivas and Tufanbeyli
projects which might include entering into joint venture arrangements, sale of
part or all of a property or further exploration as additional cash resources
become available.


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


About Red Crescent Resources Limited

Red Crescent Resources Limited (TSX:RCB)(FRANKFURT:7RC) is a Turkey-based junior
mining company targeting historically inaccessible areas where no modern
application of exploration techniques or technology has been applied, with high
potential for discovery of significant base metal deposits. For more
information, please visit www.redcrescentresources.com.


About Link Investment and Consulting LLP

Link maintains its corporate office in London, United Kingdom and specializes in
the trading, investment and marketing of non-ferrous ores and concentrates on a
worldwide basis. The key personnel of Link have extensive experience in their
fields, maintaining a strong global network of contacts with investors,
producers, consumers and international merchants, as well as a strong history of
working in Turkey.


Link has an exclusive marketing agreement with RCR for the sale of production
from the three existing properties under development in Turkey. A partner in
Link is a director, officer and significant shareholder of RCR.