Crew Gold Corporation: LEFA Gold Mine Mineral Reserve Update

Crew Gold Corporation ("Crew" or "the Company") (TSX:CRU) (OSLO:CRU) today
announces:-


This release updates the previously reported mineral reserves of the LEFA Mine
in Guinea, West Africa.


The following table presents the estimated mineral reserves on the LEFA
Concession as at 31 August 2009.




----------------------------------------------------------------------------
Deposit                  Proven            Probable               Total
                     kt  g/t  k oz      kt  g/t  k oz       kt  g/t    k oz
----------------------------------------------------------------------------
LEFA Corridor 
Lero-Karta       17,697  1.7   941   8,092  1.7   453   25,789  1.7   1,394
Fayalala         21,822  1.2   844     566  1.2    21   22,388  1.2     865
Kankarta          1,911  1.7   106     544  1.6    28    2,455  1.7     134
Firifirini                           4,041  1.7   219    4,041  1.7     219 
Banko               334  3.2    34      34  2.7     3      368  3.2      37
Folokadi            395  1.8    23   1,072  2.1    72    1,467  2.0      95
Toume Toume                            258  1.5    12      258  1.5      12
Stockpiles/
 HL Pads          6,784  0.9   187   2,307  0.7    54    9,091  0.8     241
TOTAL            48,943  1.4 2,136  16,914  1.6   862   65,858  1.4   2,998
----------------------------------------------------------------------------
31 August 2007   58,100  1.6 2,900  17,200  1.8   970   75,300  1.6   3,870
----------------------------------------------------------------------------



The Lefa Gold Mine estimated mineral reserves as at 31 August 2009 is 65.9 Mt,
at average gold grade of 1.4 g/t, for contained gold of 3.0 million ounces.


Since August 2007, mining depletion was approximately 377,000 ounces (6.7 Mt @
1.7 g/t).


Excluding mining depletion, the mineral reserves have decreased by approximately
500,000 ounces (13%) to 3.4 million ounces from the 3.9 million ounces announced
for end August 2007. Depletion since August 2007 further reduces the reserves to
3.0 million ounces. This estimate is NI 43-101 compliant.


The new mineral reserves were estimated at a gold price of USD 800/oz and are
based on the 2009 mineral resource models. These mineral resource models were
revised following a thorough review of the Lero-Karta and Fayalala mineral
deposits and a review of reconciliation between mining depletion and depletion
in the geological model. Additionally, Societe Minieres de Dinguiraye (SMD),
Crew's subsidiary in Guinea, undertook a geotechnical review of the LEFA
Corridor pit walls. This review led to a revision of slopes in some areas, but
overall, to the flattening of the north slopes, which led to some reduction in
pit depth and consequently loss of mineral reserves.


The drilled out areas of the old leach pads are included in the mineral reserve
estimate, where 2.3 million tonnes have so far been defined from in-fill
drilling, returning 54,000 ounces, including ore losses and dilution.
Approximately 7 million tonnes still remain to be drilled, providing further
potential.


Bill LeClair, President and CEO of Crew commented: "A critical independent
review of our mineral resources and reserves based on reconciliation results,
combined with a thorough review of the geotechnical slope parameters, have
resulted in a robust estimate of mineral reserves. Thus, while the review has
resulted in a slight decrease in the reserve, net of mining depletion and the
additions from exploration drilling, it presents a solid base for Crew to
continue expanding the mineral resource. At 3.0 million ounces in mineral
reserves, this places LEFA in the ranks of world-class gold deposits. The
Company is confident that continuing exploration will provide further increases
to the mineral resource and reserve inventory."


For further information on the resource data please refer to our website
www.crewgold.com and to the technical report entitled "Disclosure of Mineral
Resources and Reserves, Lefa Gold Mine, Northeast Guinea, Technical Report
Update", dated November 2009, available at www.sedar.com.


William LeClair, President & CEO

Quality Assurance and Control and Qualified Person

The reported mineral reserves have been compiled by Mr Edgar Urbaez, a private
consultant, who has sufficient experience, relevant to the style of
mineralisation and type of deposit under consideration to qualify as a
"Qualified Person" within the meaning of Canadian National Instrument 43-101 -
Standards of Disclosure for Mineral Projects. Mr Urbaez is "independent" of Crew
Gold Corporation within the meaning of NI 43-101.


Safe Harbour Statement

Certain statements contained herein that are not statements of historical fact,
may constitute forward-looking statements and are made pursuant to applicable
and relevant national legislation (including the Safe-Harbour provisions of the
United States Private Securities Litigation Reform Act of 1995) in countries
where Crew is conducting business and/or investor relations. Forward-looking
statements, include, but are not limited to those with respect to (1) the
further potential of areas to be drilled, (2) the expected results of continued
exploration, and (3) any inference that reserve estimates will be accurate when
reconciled to actual results. Often, but not always, forward-looking statements
can be identified by the use of words such as plans, expects, targets, budget,
estimates, forecasts, intends, anticipates, believes, or equivalents or
variation, including negative variation, of such words and phrases, or state
that certain actions, events or results, may, could, would, might or will be
taken, occur or be achieved. Forward-looking statements involve known and
unknown risks, uncertainties and other factors that could cause the actual
results of the Company to be materially different from any future results
expressed or implied by such forward-looking statements. Such risks and
uncertainties include, among others, (1) the risk that the Company will be
unable to proceed with expected exploration activities, and (2) exploration
activities may not yield the results expected. The material factors and
assumptions used to develop forward-looking statements which may be incorrect,
include, but are not limited to, (1) the Company's continued execution of its
current business plan, (2) the financial resources available to the Company, (3)
the continued nature and scope of operations at LEFA, and (4) the price of gold.
Except as may be required by applicable law or stock exchange regulation, the
Company undertakes no obligation to update publicly or release any revisions to
the forward-looking statements contained herein to reflect events or
circumstances after the date of this document or to reflect the occurrence of
unanticipated events. Accordingly, readers should not place undue reliance on
forward-looking statements. Cautionary Note to US Investors - The United States
Securities and Exchange Commission permits US mining companies, in their filings
with the SEC, to disclose only those mineral deposits that a company can
economically and legally extract or produce. We use certain terms in this press
release, such as "measured", "indicated", and "inferred" "resources", which the
SEC guidelines strictly prohibit US registered companies from including in their
filings with the SEC. US Investors are urged to consider closely the disclosure
from the SEC's website at http://www.sec.gov/edgar.shtml.
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