Goldcrest Resources Ltd. Engages Investor Relations Professionals



    TORONTO, Dec. 3 /CNW/ - Goldcrest Resources Ltd. ("Goldcrest"),
(GCL-TSX.V) is pleased to announce that it has retained Greg Taylor and
Nicholas Sayce (the "consultants") to develop and execute an investor
relations program for Goldcrest to achieve greater exposure within the
investment community.
    Greg Taylor is a former journalist who, since 1993, has provided investor
relations and corporate communications support to more than 60 public
companies, working both in-house and as a consultant. As President of GT
Investor Relations Inc., an independent investor relations consultancy, he is
working with a select group of public companies, primarily in the resource
sector, helping to enhance the effectiveness of their communications and raise
their profile amongst institutional and retail investors.
    Nicholas Sayce was educated in the UK, emigrated to Canada in 1966, and
entered the investment business in 1968. He has worked in equity trading for a
major financial institution and investment dealers where he gained insight
into worldwide markets. His knowledge of Canadian, US and European financial
institutions stems from years spent in institutional sales. Latterly, he has
devoted his time to investor relations in the institutional field,
successfully introducing companies to institutional markets in North America
and Europe, specializing in the resource industry.
    Goldcrest has agreed to pay the consultants a monthly retainer of $5,000,
plus reasonable out of pocket expenses for a minimum term of six months and to
grant each an option to purchase 50,000 shares of Goldcrest at an exercise
price of $0.33 per share, expiring December 1, 2009.

    Goldcrest Resources Ltd. is a mineral exploration company focused on
growing shareholder value through the advancement of its Gaoua, Kampti and
Titao Sud projects in Burkina Faso.

    The TSX Venture exchange does not accept responsibility for the adequacy
    or accuracy of this news release.

    %SEDAR: 00017848E




For further information:

For further information: Kevin Bullock, P.Eng., President & CEO,
kbullock@goldcrestresources.com, Ph: (416) 867-2299, Fax: (416) 867-2298,
Corporate Website: www.goldcrestresources.com

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GOLDCREST RESOURCES LTD.

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