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Crocodile Gold Corp.

03:45 PM EST - Crocodile Gold Corp. : announced its financial and operating results for the three months ended March 31, 2011. All figures are in U.S. dollars, unless otherwise stated. In the three months ended March 31, 2011, the Company recorded gold sales revenue of $19,858,346 on the sale of 14,300 ounces of gold, for an average realized price of $1,389 per ounce. During the three months ended March 31, 2011, the Company recorded a net loss of $7,009,449, or $0.03 per share. Crocodile Gold Corp. shares T.CRK are trading up $0.02 at $0.76.