Mr. James Anderson reports
COPPER CREEK PROVIDES PROGRESS REPORT
Copper Creek Gold Corp. wishes to provide shareholders with a progress report on its exploration projects.
Bonsai project, Northwest B.C.:
The company has been granted a drilling permit for its Bonsai property from the B.C. Ministry of Energy and Mines that extends to March 31, 2016. The permit allows for as many as 30 surface drill site locations.
The Company will be embarking on a 4 hole, 1200m drilling program in mid September. Drilling will be done by DMAC Drilling Ltd. of Aldergrove, British Columbia, and will target the down dip extension of mineralization found in drill hole BZ03-08. Drilled in 2003 by Heritage Explorations Ltd., a geological report by Heritage's qualified persons, G. E. Bidwell, and A. W. Worth, stated: "Drilling at Bonsai in 2003 has intersected significant low grade gold/silver mineralization in pyritic rhyolite breccia, beneath the main gossan outcrop. The mineralized zone is open at depth and to the south and represents an excellent target for future exploration". The hole referred to encountered a 64 meter intersection containing 0.38 g/t gold and 27.08 g/t silver.
The drilling will be done in an area that is only 6000 meters from Barrick Gold Corp.'s past producing Eskay Creek mine. During its 14 year mine life, which ended in 2008, the Eskay Creek Mine was Canada's highest grade gold and silver mine. It producing over 3 million ounces of gold and 160 million ounces of silver.
The Company also wishes to report that it has completed its soil sampling program at the Bonsai property. Over 220 soil samples were collected on 50 meter spacings. These samples were obtained directly east of diamond drill hole BZ03-08 referred to above. The Company's soil samples have been sent to ALS Labs in North Vancouver, British Columbia for analysis.
Pursuant to an option agreement between the parties, Copper Creek may earn up to a 70% interest in the Bonsai property from Teuton Resources Ltd.
Blackwater Properties, Central B.C.:
The Company has also completed phase one of its exploration work at its 100% owned properties in the Blackwater Gold District of central British Columbia. Copper Creek is exploring four properties in the vicinity of the Blackwater deposit. The four properties, known as Badger, Bandit, Smokey, and Little Bear, cover a total area of over 13,000 hectares. Coast Mountain Geological Ltd. of Vancouver, British Columbia, has been engaged to provide geological services with regard to these properties.
A total of 902 MMI soil samples, 36 rock samples, and 13 silt samples were taken during the 19 day program. These samples have been sent to SGS Mineral Services in Ontario for analysis. When completed, results will be plotted and interpreted. Potential gold and silver anomalies may be followed up with a fall exploration program.
In April of this year, Richfield Ventures Corp. agreed to be purchased by New Gold Inc. in a business combination valuing Richfield at approximately $550 million. Richfield's principle asset was its Blackwater Project, a bulk-tonnage gold project located in central British Columbia, with Richfield owning 100% of the southern claims and 75% of the adjacent northern claims. New Gold Inc. is aggressively expanding the 3.83 million oz. gold deposit currently established (See New Gold Inc. press releases dated April 4, 2011 and June 15, 2011).
Santa Lucia, Sonora, Mexico:
The Company is on target to commence its drilling season this October at the Santa Lucia epithermal gold and silver project. The Company may earn up to a 60% interest in the Santa Lucia property from Kootenay Gold Inc.
We seek Safe Harbor.