SOURCE: Willow Creek Enterprises, Inc.

December 01, 2010 06:45 ET

Willow Creek Increases Land Holdings of Gold Property in Prestigious Walker Lane, Nevada

LAS VEGAS, NV--(Marketwire - December 1, 2010) - Willow Creek Enterprises Inc. (OTCBB: WLOC) ("The Company", "Willow Creek") is pleased to announce that it has expanded its Hercules Project ("Hercules") mining claims by more than fifty percent (50%). Willow Creek has acquired an additional twenty nine mining claims contiguous to the Hercules ("Hercules") property, which is located in the prestigious Walker Lane Mineral Belt in Nevada, USA. These new claims connect on the east and west extensions of the property and amount to approximately five hundred eighty acres (AKA 234 hectares). 

The Hercules now comprises 86 mining claims for a total of approximately one thousand seven hundred twenty acres (AKA 696 hectares) situated in Lyon County, Nevada. The Project 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.

"Having the ability to expand our claims on this premiere property by more than fifty percent is an enormous opportunity for Willow Creek! We are pleased to have added these claims to our Hercules portfolio. Our geologists have been looking at every opportunity that the Hercules property has to offer, and we believe that adding these claims will be very beneficial to our Company and our shareholders as we move forward. The Hercules property is strategically located in one of the premiere mining regions in Nevada, and we are committed to exploring all of the potential this tremendous property has to offer. We will, of course, continue to look for further opportunities to acquire additional quality properties that offer a high probability for discovery," stated Terry Fields, President of Willow Creek.

The Hercules property gives Willow Creek (OTCBB: WLOC) access to one of the most prolific mining areas in the world, according to a report by Global Geological Consultants (GGC)* in 2003. The report states that the Hercules prospect has direct analogies to the historic Comstock Lode deposit, which is located less than 10 miles to the north. While the Comstock Lode produced approximately $670,000,000 worth of gold and silver from 1860 to 1880, the Hercules Mine, located on the "Hercules" property, is estimated to have produced 5,000 oz. of gold and 20,000 oz. of silver during early, turn-of-the-century mining efforts. In more recent years, modern exploration has been conducted on the property by companies such as Pioneer Mining Corporation, Phelps Dodge Corporation, and Horizon Gold. The GGC* report further states that the potential for the discovery of thicker, mineralized veins within the Hercules is very good, and that recommended drill tests could identify a deep-seated mineralized deposit for which the Walker Belt is known. Further support for exploration of the Hercules was given by Joseph Tingley** in an annual compilation of major precious metal deposits in Nevada, where he noted a resource for the Hercules deposit of approximately 260,000 oz. of gold and 1,950,000 oz. of silver.

Management believes that in addition to its proximity to other major discoveries, the Hercules' physical location makes it an ideal property for exploration and development. Existing infrastructure, including manpower and accessibility for the Hercules property is supported by the nearby city centers of Reno and Carson City. State highways and paved roads provide easy access, while moderate temperatures allow for year-round physical work on the property. As Nevada approaches the colder months, this physical attribute will allow us to continue our work where many others in colder climates are forced to shut down their operations until the spring.

Please visit the Willow Creek website www.willowcreekenterprisesinc.com for any further information

* Summary Report and Exploration Proposal on the Hercules Gold Prospect. Lyon Nevada, published January 24, 2003 by Geoffrey Goodall, P. Geo

** Nevada Bureau of Mines and Geology -- Special Publication MI-2005

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Contact Information

  • Terry Fields
    President
    Corporate contact: 1-310-982-7769