Latest News Release - March 7, 2011
posted on
Mar 14, 2011 06:34PM
The Bonsai project, in the Eskay Creek area of northern British Columbia, Canada and the Santa Lucia project in the Sierra Madre gold belt in Mexico are the first two such "high-impact" exploration projects.
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: nvanryssel@coppercreekgold.com Website: www.coppercreekventures.com NEWS RELEASE TSXV Trading Symbol: CPV COPPER CREEK ACQUIRES MINING CLAIM VANCOUVER, BRITISH COLUMBIA – March 7, 2011 – Copper Creek Gold Corp. ("Copper Creek" or the "Company"; TSX VENTURE: CPV)
is pleased to announce it has entered into an agreement dated March 2, 2011 with William Gary Thompson to purchase a mining claim (the "Bandit Property") located approximately 130 km southeast of Vanderhoof, British Columbia, encompassing 3,858.29 hectares. The transaction is at arm’s length.
The Bandit Property lies approximately seven km east of Richfield Ventures Corp.’s Blackwater Gold Project. Richfield recently announced exceptional drill results from its Blackwater Project including drilling 205m of 2.04 g/t Au including 81m of 4.33 g/t Au. (Reported in Stockwatch, January 25, 2011). The Company intends to conduct a summer program to begin exploration of this well situated property. The Company has agreed to pay $3,200 in cash and issue 300,000 common shares in consideration for 100% of the mining claim. There is no royalty payable. The acquisition is subject to approval of the TSX Venture Exchange.
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.
ON BEHALF OF THE BOARD
James Anderson, President
FOR FURTHER INFORMATION CONTACT
James Anderson, President
Tel. 604-662-3004, ext. 105
Cell: 778-989-5346
james777anderson@gmail.com
Bing Jung, CEO
Tel. 604-662-3004, ext. 101
bjung@clearbridgecapital.com
www.coppercreekgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek’s plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.