CWM Crown Mining Corp

Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE:CWM) is pleased
to announce preliminary assay results from its 1300 m winter drilling programme
at its McKenzie Island property in the Red Lake district of north-west Ontario. 


A total of 10 holes were drilled to test extensions of a 100 m strike interval
of an exposed quartz vein along the north-west trending Bishop's Break shear
zone. Extensive surface sampling here in mid-2010 yielded assays between 3.2 g/t
and 122.4 g/t gold over true widths between 0.31 to 1.21 m. (News Release
10.16.10). An initial 1000 m drill program in the fall of 2010 testing down dip
to the east returned assay results up to 65.5 g/t over 0.46 m (News Release
11.17.10).


The latest drilling tested this zone further along strike and down dip together
with a new target, Perfect Storm, located 300 m further north-west at the
intersection of the Bishop's Break and the east-west MacAndrews trends. The
Bishop's Break quartz vein target occurs in a granodiorite adjacent to, and west
of, the contact with a mafic dyke in a composite shear zone, originally
prospected by shallow trenches and drilled in the 1930s. 


Of the 10 holes drilled on the Bishops Break zone, 9 intersected the quartz vein
with 4 assaying in excess of 8g/t Au over true widths between 0.7 and 1.15 m.
Significant results are tabulated below.




----------------------------------------------------------------------------
                                         INTERSECTED                        
                    FROM          TO           WIDTH  TRUE WIDTH     g/tonne
HOLE #               (m)         (m)             (m)         (m)          Au
----------------------------------------------------------------------------
MK-29              43.85       44.70            0.85        0.70         8.8
----------------------------------------------------------------------------
incl.              44.30       44.70            0.40        0.33        18.8
----------------------------------------------------------------------------
MK-30              51.27       52.27            1.00        0.77        12.2
----------------------------------------------------------------------------
incl.              51.60       52.27            0.67        0.51        18.2
----------------------------------------------------------------------------
MK-33              57.50       59.00            1.50        1.15         8.7
----------------------------------------------------------------------------
incl.              58.00       58.50            0.50        0.38        25.7
----------------------------------------------------------------------------
MK-34              67.93       68.83            0.90        0.69        77.0
----------------------------------------------------------------------------
incl.              68.23       68.83            0.60        0.46       115.4
----------------------------------------------------------------------------
incl.              68.23       68.53            0.30        0.23       224.3
----------------------------------------------------------------------------



Eleven short holes drilled into part of the vein that produced high grade gold
values in trench samples has extended that sector of the zone. True widths
intersected range between 0.30 and 2.3 meters, assaying between 0.85 and 22.9
g/t gold. A series of 3 holes were drilled on the Perfect Storm Target with one
intersecting 3.4 g/t gold over a true width of 0.5 m.


Crown's Red Lake property consists of six patented claims on McKenzie Island,
approximately 4 km southwest of the former McKenzie Red Lake Mine that produced
more than 651,000 ounces of gold at an average grade of 9.5 g/t. Total
production from the whole Red Lake Camp to December 31, 2010, is 28 million
ounces of gold. 


Crown Gold, formed by the amalgamation of Crown Minerals and Gold Summit,
explores for high-grade gold and silver deposits in Nevada and high-grade gold
deposits in Ontario. 


In north-west Ontario, Crown has two other gold properties in addition to
McKenzie Island. At Tabor Lake, sampling and previous drilling at the old
Sakoose Mine confirm that extensions of previously mined grades of 14 g/t gold
are present down plunge and open at depth. Drilling of this property is planned
in early 2011. A large property package at Surprise Lake in the Uchi Belt, east
of Red Lake, contains a large number of gold occurrences, all classic greenstone
gold targets. In north-east Ontario, the company holds strategic land positions
adjacent to Trelawney's Cote Lake discovery, at the old Stairs Mine near
Matachewan and in the Timmins camp. Evaluation of drill targets on these
properties will continue.


In Nevada, Crown has NI 43-101 compliant inferred resources of approximately
300,000 ounces of gold and indicated resources of 37,000 ounces of gold at its
Monte Cristo and Sugarloaf properties at a cut-off grade of 1 g/t. These are the
most advanced of five, high-grade, epithermal vein systems controlled by the
company. The existing resources at Monte Cristo and Sugarloaf remain open along
strike and at depth. Planning for further exploration and development, either
underground or by surface drilling, is underway. The three other properties,
Blue Sphinx, Gold Springs and Black Warrior, all contain well-defined and
essentially, undrilled, targets.


All drilling and sampling were completed under the direct supervision of Scott
Franko, Consulting Geologist to Crown Gold and a registered Professional
Geologist in Ontario and Manitoba, designated as the Qualified Person under
National Instrument 43-10 who reviewed and approved this release.


All assays reported in this release are from half sawn 51 mm diameter NQ2 core
samples, analyzed by standard fire assay/AA or fire assay/gravimetric methods at
SGS Laboratories in Red Lake. Crown's QA/QC protocol includes the introduction
of standard, blank and replicate samples. Further assay results are pending and
will be released when available.


VISIT us at the PDAC in Toronto March 6-9...We are at booth 3004

Forward-looking Information: This news release may contain or refer to
forward-looking information. All information other than statements of historical
fact that address activities, events or developments that Crown believes,
expects or anticipates will or may occur in the future are forward-looking
statements. These forward-looking statements are subject to a variety of risks
and uncertainties beyond Crown's ability to control or predict that may cause
actual events or results to differ materially from those discussed in such
forward-looking statements. Any forward-looking statement, speaks only as of the
date on which it is made and, except as may be required by applicable securities
laws, Crown disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or
otherwise. Although Crown believes that the assumptions inherent in the
forward-looking statements are reasonable, forward-looking statements are not
guarantees of future performance and, accordingly, undue reliance should not be
placed on these forward-looking statements due to the inherent uncertainty
therein.


Historical information, such as the reported assay results for the McKenzie
Island property from the 1930s, pre-dates NI 43-101 and, accordingly, is not
compliant with the requirements of NI 43-101; such historical information should
not be relied upon.

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