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WCX

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Share Name Share Symbol Market Type
TSXV:WCX TSX Venture Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0 -

Williams Creek Explorations Limited Announces Exploration Program

31/01/2011 8:39pm

Marketwired Canada


Williams Creek Explorations Limited (TSX VENTURE:WCX) (the "Company," "WCX," or
"Williams Creek") is pleased to announce that it will undertake a comprehensive
exploration program, including a drilling program, on its Crown Granted mineral
claims in the Barkerville, BC area during the spring and summer of 2011. The
Board of Directors of Williams Creek unanimously approved the program at its
meeting on Friday, January 28, 2011.


The exploration program will comprise a two-phase drilling program coupled with
a concurrent surface exploration program consisting of a trenching program,
supplemental geologic mapping, geochemical analysis, and other geologic
analysis.


Childs Geoscience, Inc. of Bozeman, MT, is acting as the consulting geologist on
the project, and John Childs, PhD. will act as the Qualified Person under the
definition of National Instrument 43-101. Drilling will be conducted by Hardcore
Drilling Ltd. out of Penticton, BC.


Permits for drilling have already been received from the BC Ministry of Natural
Resource Operations. The exploration program is fully funded. Funds raised by
Williams Creek via the offering of Flow Through Shares that closed on December
24, 2010 will cover the majority of the exploration program's expenses.


"Williams Creek's package of crown grants in the Barkerville area has long been
considered a highly prospective group of claims. Historic limited channel
samples and drilling results give cause for optimism," said Michael R.
Sonnenreich, Chairman and CEO of Williams Creek. "Our plan is to take advantage
of all of the information available from previous exploration, and the improving
understanding of the geology of the region, to engage in a comprehensive program
exploring our holdings for gold mineralization. We feel this project is a key
component of William's Creek's three-part strategy of exploration, joint
ventures and investment, and financing, and look forward to advancing the
Barkerville project."


About WCX:

Visit http://www.WilliamsCreek.ca to learn more about Williams Creek
Explorations Limited. 


Williams Creek Explorations Limited is a Canadian company with the primary
purpose of participating broadly in the natural resource sector, with an
emphasis on the gold subsector, through exploration, joint ventures or other
equity investments.


The Company owns twenty-eight crown granted mineral claims in the Cariboo Mining
Division, and three crown granted mineral claims in the Kamloops Mining
Division, of British Columbia. The Company also has a net 30% interest in the
ATW diamond property in the MacKenzie Mining District of the Northwest
Territories.


On behalf of the Board of Directors

Michael Sonnenreich, President

This news release may contain forward looking statements including management's
assessments of future plans and operations, and expectations of future
production. These statements are based on current expectations that involve a
number of risks and uncertainties, which could cause actual results to differ
materially from those anticipated. These risks include, but are not limited to,
the risks associated with the mining and exploration industry (e.g operational
risks in development, exploration and production; delays or changes in plans
with respect to exploration or development projects or capital expenditures; the
uncertainty of reserve estimates; the uncertainty of estimates and projections
relating to production and the uncertainty of the availability of capital). The
assumptions used in the preparation of such statements, although considered
reasonable at the time of preparation, may prove to be imprecise and, as such,
undue reliance should not be placed on forward-looking statements.


1 Year Williams Creek Gold Limited Chart

1 Year Williams Creek Gold Limited Chart

1 Month Williams Creek Gold Limited Chart

1 Month Williams Creek Gold Limited Chart

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