TSXV Trading Symbol: CPV
VANCOUVER, Sept. 22 /CNW/ - Copper Creek Gold Corp. (the "Company" or "Copper Creek", TSX.V: CPV) announces that the diamond drilling program is currently in progress at the Bonsai property in north central British Columbia. Six holes of the currently planned 13 hole, 4000m drilling program have been completed. BZ10-007 and BZ10-008 are currently being drilled. The Bonsai property is located 6 km southwest of the past producing Eskay Creek Mine, operated by Barrick Gold Corporation.
Drill cores from holes BZ10-001 and BZ10-002 have been forwarded to ALS Chemex Labs in North Vancouver and are undergoing assay analysis for both gold and multi-elements. The Company intends to release assay results, as they become available, in batches of 3 holes per news release.
Two diamond drill rigs are presently drilling on the property. One drill rig is operated by DMAC Drilling Ltd. of Aldergrove, BC, the second is operated by Black Hawk Drilling Ltd. of Smithers, BC. The Company is pleased to report the program is ahead of schedule and on budget. The program is mostly targeting chargeability anomalies generated by this summer's ground EM and IP surveys. To date, drilling has encountered zones abundant in disseminated, and at times, semi-massive sulphides which have been observed in all holes drilled to date. The sulphides observed consist primarily of fine grained pyrite and pyrrhotite in the form of disseminations, stringers, small blebs and in rare cases hosted within clasts in breccia zones. Additional sulphides observed include sphalerite, magnetite as well as chalcopyrite.
The following depths have been reached to date in this season's drill program:
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Hole No. Meters
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BZ10-001 405.49
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BZ10-002 385.06
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BZ10-003 316.38
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BZ10-004 271.34
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BZ10-005 280.49
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BZ10-006 222.56
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BZ10-007 to date 390.00
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BZ10-008 to date 175.00
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Total to date 2446.32
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The project is being managed by Kristian Whitehead, P. Geo., who is the Qualified Person in accordance with National Instrument 43-101 for the information contained in this news release.
About Copper Creek
Copper Creek Gold Corp. is a Canadian based mineral exploration and development company currently operating in the Eskay Creek area of British Columbia. The Company also retains certain oil and gas assets in Alberta.
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.
For further information: Bing Jung, CEO, 604-662-3004, ext. 101, www.coppercreekgold.com
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