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Copper Creek Gold CKVLF

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Post by bobcat16on Dec 08, 2010 11:48am
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Post# 17818305

ST. LUCIA PROPERTY

ST. LUCIA PROPERTY

TSXV Trading Symbol: CPV

 

COPPER CREEK PROVIDES UPDATE ON SANTA LUCIA PROPERTY

 

VANCOUVER, BRITISH COLUMBIA – December 8, 2010 – Copper Creek Gold Corp. (“Copper Creek” or the “Company”; TSX VENTURE: CPV) wishes to update shareholders on its current exploration plans for its Santa Lucia project in the State of Sonora, Mexico. Recently, representatives from Copper Creek and its option partner, Kootenay Gold Inc., met in Ciudad Obregon, Mexico. Staging from there, the team travelled to the Santa Lucia site, inspected old workings, and conducted reconnaissance prospecting on the Santa Lucia North project. A number of grab samples were taken and submitted to ALS Chemex Labs in North Vancouver, British Columbia, for analysis. Various exploration strategies were discussed and plans for the 2011 exploration program were finalized. 

 

The Company plans to begin a comprehensive exploration of the Santa Lucia project beginning in late January, 2011. The initial program will entail detailed mapping and mechanical trenching of the La Fortuna zone where high grade gold values have been uncovered on surface from highly silicified quartz veins and stockwork to the west of old artisanal mining pits. This trenching will help to establish specific drill targets in the La Fortuna area.

 

Subsequently, the Company plans to mobilize a drill to the property in March to target the high grade La Fortuna area, as well as to test CSAMT (Controlled-Source Audio-Frequency Magneto-Telluric) and IP resistivity anomalies that were discovered by Cominco Ltd. in the 1990's. These anomalies remain untested, and underlie surface gold mineralization for approximately 4km.

 

An independent consulting geologist has been retained by the Company to produce an NI 43-101 compliant report on the Santa Lucia property as required by the TSX Venture Exchange.

 

The Company can earn a 60% interest in the Santa Lucia property from Kootenay Gold Inc. by spending $2,000,000.00 on exploration and making various cash and share payments over a four year period.

 

About Copper Creek Gold:

Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange

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