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Copper Creek
Gold Corp.
Suite 615 – 700 West Pender Street
Vancouver, BC V6C 1G8
Telephone: (604) 662-3004 ext. 117
Fax: (604) 662-3063
Email: leah@coppercreekgold.com
Website: www.coppercreekgold.com
NEWS RELEASE
TSXV Trading Symbol: CPV
Copper Creek Drills 22.30 Meters of 1.18 gpt Gold Equivalent* at
Santa Lucia Project (Includes .392gpt Gold and 39.6 gpt Silver)
VANCOUVER, BRITISH COLUMBIA – May 01, 2012 – Copper Creek Gold Corp. ("Copper Creek" or the "Company"; TSX-V: CPV) is pleased to announce results from a recently completed diamond drilling program on its Santa Lucia project in Sonora, Mexico.
The Company completed 10 drill holes, totalling 1,545 meters. These holes were designed to confirm and expand historical intercepts, as well as test various depths of this large epithermal gold and silver bearing system.
Drilling intercepted significant widths of near surface gold and silver mineralization. "We are very pleased to confirm Cominco Ltd.’s historical drill core grades. These results will aid greatly in advancing our understanding of controls of mineralization for the project. We look forward to applying this new knowledge as we plan our subsequent exploration and definition drill program, designed to establish resources while further exploring for high grade mineralization within the Central and South zones," said Kristian Whitehead, VP Exploration for the Company.
The drilling tested several quartz veining and stock-work sections along a 4,000-metre strike length and to a vertical depth down to 350 metres. "This drilling program has definitively established this trend of mineralization for 4km of strike length, thus demonstrating significant tonnage potential. A great deal of work now needs to be done to begin to establish a resource on the Santa Lucia property. Also, the Company will begin to do preliminary metallurgical testing in order to estimate potential gold and silver recoveries," stated James Anderson, President of Copper Creek. "It should also be noted by shareholders that silver often makes up approximately two-thirds of the value of the mineralization in these drill results".
SOUTH ZONE:
|
Drilling in the South Zone successfully encountered appreciable intervals of near surface gold and silver grades as follows: From (m)
|
To (m)
|
Width (m)
|
Au (g/t)
|
Ag (g/t)
|
AuEq* (g/t)
|
|
SLS12-29
|
|
Significant Intersections
|
18.15
|
31.25
|
13.10
|
0.479
|
40.3
|
1.29
|
|
37.00
|
41.00
|
4.00
|
0.177
|
4.60
|
0.21
|
|
48.00
|
48.85
|
0.85
|
0.771
|
27.1
|
1.31
|
|
SLS12-30
|
|
Significant Intersections
|
40.00
|
54.88
|
14.88
|
0.198
|
21.3
|
0.62
|
|
94.20
|
99.00
|
4.80
|
0.412
|
8.90
|
0.59
|