Crew Gold Corp. Announces Third Shipment of Gold Ore Has Left Nalunaq


LONDON, Nov. 23, 2004 (PRIMEZONE) -- Crew Gold Corporation (Crew, "the Company") (TSE:CRU) (OSE:CRU) (Frankfurt:KNC) (Other OTC:CRUGF) is pleased to report that the bulk carrier MV Spar Jade left Nalunaq on November 22nd, carrying approximately 28,200 tonnes of gold ore on board. This is in line with plan.

Estimated arrival in Aviles in Spain is November 27th. Off loading and transfer to the Rio Narcea (El Valle) plant will start immediately after arrival in Aviles.

The processing campaign will be concluded before Christmas.

Jan A. Vestrum, President & CEO

This news release contains certain "Forward-Looking Statements". All statements, other than statements of historical fact, included in this release, and/or statements made by company officers or directors at any given time, as well as Crew's future plans are such forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. Forward-looking statements are based on the estimates and opinions of management on the date the statements are made, and Crew does not undertake any obligation to update forward-looking statements should conditions or management's estimates or opinions change.

For more information please contact our UK Head Office (TEL +44 1932 268755) or by email to enquiries@crewgold.com

For more information about Crew, additional contact information or to subscribe to future news releases, please visit our new website www.crewgold.com


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