Iron Creek Capital Corp.: Pampa Buenos Aires-JV Agreement Signed; Drilling Commenced
15 August 2008 - 3:01PM
Marketwired Canada
Iron Creek Capital Corp. (TSX VENTURE:IRN) announces that the Company and Andina
Minerals Inc. have signed a shareholders agreement governing their 50:50
ownership in the Pampa Buenos Aires Project in Chile. In consideration for its
50% interest, the Company has issued to Andina 525,000 common shares which have
a four-month hold period ending on November 29, 2008.
The Pampa Buenos Aires Project is a prospective property located 15 km southwest
of Yamana Gold Inc.'s El Penon and Fortuna silver/gold mines. Exploration work
has identified a total of 17 drill targets, several being epithermal, low
sulfidation vein and breccia targets, as well as a number of porphyry
copper/gold targets.
The joint venture has commenced a reverse circulation drilling program on the
Project, with a minimum 3,000 meters planned for the first phase.
About Iron Creek
Iron Creek Capital Corp. is a Vancouver-based mineral exploration company
engaged in the acquisition and exploration of precious and base metals projects
in Chile.
ON BEHALF OF THE BOARD
Michael Winn, President
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