Dallas, Texas (July 8 , 2011) – StockGuru shines its Spotlight on Willow Creek Enterprises Inc. (OTCBB: WLOC) (the “Company” or “Willow Creek”) upon yesterday’s update on the Company’s drill program at its Hercules Gold & Silver Property located in the Walker Lane Mineral Belt in southern Lyon County, Nevada, USA. Willow Creek Enterprises Inc. closed on July 7, 2011, at $0.07 trading on 218,000 shares roughly.
As of this date, ten holes have been completed on the Hercules Property and all cores have been sent out for assay. Management will be announcing the results of the assays as soon as they become available. Management has decided to increase the number of drill holes to a total of fifteen holes and will start drilling the last five holes as of July 8th, 2011. 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.
“We are very pleased with the progress at Hercules and are receiving encouraging preliminary indications from our geologists in regards to the drill cores. We hope to have all assays on the first ten holes back later this month,” stated Terry Fields, President, Willow Creek. “We have a professional and proven drilling company, O’Keefe Drilling, doing a great job for us. O’Keefe Drilling has been in business for more than 50 years providing quality and proven service and we are very lucky to have them assisting us. The Hercules resource is approximately 583,000 gold-equivalent ounces and with this drill program our goal is to keep increasing this indicated resource. 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 will include:
- Approximately 15 drill holes.
- Approximately 3,000+ feet of drilling planned for initial program.
- 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 1760 acres, which is 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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