VANCOUVER, BRITISH COLUMBIA--(April 8, 2008) - Creston Moly Corp. ("Creston" or the "Company") (TSX VENTURE:CMS) is pleased to announce that its wholly owned Mexican subsidiary, Exploraciones Global S.A. de C.V. ("Global"), has acquired the surface rights covering 1,200 hectares (3,000 acres) from the Ejido of Opodepe, Sonora, Mexico. The surface rights cover the Main El Creston deposit and the surrounding area, which will be used to accommodate future development. Jonathan George, President and CEO, comments; "This is a crucial step on the path to production and unique in that it is an outright purchase rather than the more typical lease arrangement. It also underscores the co-operative relationship the Company has established with the people of Opodepe."

About Creston Moly Corp.

Creston Moly Corp. is a Canadian mineral exploration company focused on the development of the El Creston Molybdenum deposit located 135 kilometres north-east of Hermosillo, Sonora State, Mexico, near the village of Opodepe. The Creston Molybdenum Project contains the following mineral resources at a 0.035% Mo Cut-off grade:

Luca Riccio, PhD, P. Geo., a Qualified Person as defined by National Instrument 43-101, is responsible for the technical information contained in this News Release.

On behalf of the Board

Jonathan W. George, President

Forward Looking Statements: The above contains forward looking statements that are subject to a number of known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in our forward looking statements. Factors that could cause such differences include: changes in world commodity markets, equity markets, costs and supply of materials relevant to the mining industry, change in government, and changes to regulations affecting the mining industry. Forward-looking statements in this release include statements regarding future exploration programs, operation plans, geological interpretations, mineral tenure issues, and mineral recovery processes. Although we believe the expectations reflected in our forward looking statements are reasonable, results may vary, and we cannot guarantee future results, levels of activity, performance, or achievements.

FOR FURTHER INFORMATION PLEASE CONTACT:

Creston Moly Corp.

Mr. Jonathan George

(604) 694-0005

(604) 684-9365 (FAX)

Website: www.crestonmoly.com

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy and accuracy of this release.