Williams Creek Explorations Limited Announces Exploration Plans
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Jan 10, 2011 09:44AM
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VANCOUVER, BRITISH COLUMBIA--(Marketwire - Jan. 10, 2011) - Williams Creek Explorations Limited (the "Company," "WCX," or "Williams Creek") (TSX VENTURE:WCX) is pleased to announce that it will participate in an exploration campaign to be conducted on its ATW diamond exploration property located at Mackay Lake, NT (the "Project"). Williams Creek owns a 30% working interest in the Project. Its working partner in the Project is Almaden Minerals.
The 2011 program will consist of a series of overburden drill holes designed to test the Northern and Eastern extent of a kimberlite indicator mineral train previously encountered at Mackay Lake.
Williams Creek's participation in the Project at Mackay Lake is part of a broader exploration program that Williams Creek plans for 2011. Williams Creek recently raised $1.03 million via a Flow-Through share offering, the proceeds of which are to be applied against an exploration program to be conducted at its Barkerville area properties, where a drilling campaign is planned for this spring.
"Exploration is a core aspect of Williams Creek's three-part strategy," said Chairman and CEO Michael Sonnenreich. "Williams Creek has a range of exploration projects planned this year, which I expect will be a busy one. Additionally, Williams Creek is examining plans to move forward with other aspects of its strategy, including participation in other joint ventures and/or equity investments and the financing of specific gold projects."
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FOR FURTHER INFORMATION PLEASE CONTACT: Michael Sonnenreich
Williams Creek Explorations Limited
President
514.393.3232
ORDov Zigler
Williams Creek Explorations Limited
514.393.3232