Willow Creek Extends Drill Program at Hercules Gold & Silver Property, Nevada
LAS VEGAS, July 21, 2011 /PRNewswire/ -- Willow Creek Enterprises Inc. (OTCBB: WLOC) (the "Company" or "Willow Creek") is pleased to announce that fifteen holes have been completed to date on the Hercules Gold & Silver Property located in the Walker Lane Mineral Belt in southern Lyon County, Nevada, USA. The Company is also pleased to announce that the drill program will continue, with additional holes being drilled in a couple of very prospective targets.
Management has decided to increase the number of drill holes over the previously announced twelve to fourteen holes after considerable analysis and assumption of encouraging initial drill core had been reviewed. The program is being managed by O'Keefe Drilling and being conducted under the supervision of Willow Creek and advising Geologist Herb Duerr of MinQuest Inc.
Drill core from the initial ten holes has been sent into the lab for assaying. Management will be announcing the results of the assays as soon as they become available.
"The decision to augment the drill program was an easy one for us. We are very pleased with the progress at Hercules and are encouraged by the preliminary indications from our geologists in regards to the drill core. The drill core from the first ten holes has already been sent into the lab and we hope to get these results in a few weeks," stated Terry Fields, President, Willow Creek. "We are looking forward to getting these initial results back from the assay lab as soon as possible. Our goal is to try to expand our existing indicated resource at Hercules, which is approximately 583,000 gold-equivalent ounces. We will continue to keep our shareholders up to date on the progress at Hercules and we look forward to announcing the drill results as they become available to us."
Willow Creek has planned an exploration program of angle drill holes, both core and reverse circulation-rotary (RC). This program is attempting to confirm and enhance the indicated resources with infill drilling.
The planned drill program included:
- Approximately 15 drill holes. (NOTE: Additional holes being added)
- Approximately 3,000+ feet of drilling planned for initial program (NOTE: Over 5,000 feet completed)
- Varying depths 200 – 500 feet
- 50 – 100 foot spacing between holes
- A focused and balanced drill program targeting: the Hercules and West Cliff area and North to the ABC zones.
- Flexibility will be maintained should new targets be identified as we proceed.
About Hercules Gold & Silver Property:
The Hercules project currently consists of 88 mining claims for a total of 1,760 acres, which are located in the prestigious Walker Lane Mineral Belt in southern Lyon County, Nevada, USA. The Property hosts an indicated resource of approximately 583,000 gold-equivalent ounces. Hercules is located approximately 25 miles southwest of Reno, 7 miles outside of Dayton, 10 miles from the Comstock Lode Deposit and 15 miles from the Talapoosa Mine.
The historic Walker Lane Mineral Belt in western Nevada is a highly mineralized trend that contains several world-class epithermal precious metals deposits such as:
*the Comstock Lode (estimated production of 8.6 million ounces of gold and 192 million ounces of silver);
*Round Mountain (Barrick / Kinross) (over 10 million ounces of gold produced since 1906); and
*Rawhide, Aurora, Goldfield mines.
Additional porphyry copper deposits are at Yerington (1.75 billion pounds of copper produced from 1953-1978 by Anaconda Copper Company).
About Willow Creek Enterprises Inc.
Willow Creek is a gold, silver and base metal exploration company with the purpose of evaluating, developing and acquiring gold projects of merit with a focus on the United States, Canada and Mexico. At present, Willow Creek is focused on the exploration and development of its projects in Nevada, USA. Willow Creek has also compiled a management team that has the knowledge, experience and motivation to find quality properties at different stages of development in order to fulfill their corporate mission.
Terry Fields, President
Premier Media Services
Please visit the Willow Creek website www.willowcreekenterprisesinc.com for any further information.
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SOURCE Willow Creek Enterprises Inc.