SOURCE: Willow Creek Enterprises Inc.

December 29, 2010 06:45 ET

Willow Creek Outlines Preliminary Exploration Programs for Early 2011

LAS VEGAS, NV--(Marketwire - December 29, 2010) - Willow Creek Enterprises Inc. (OTCBB: WLOC) ("The Company," "Willow Creek") is pleased to outline its preliminary exploration plans for its Dolly Varden and Hercules projects for early 2011. Both the Dolly Varden and Hercules Projects are located in the prestigious Walker Lane Mineral Belt, Nevada, USA. The outlined exploration programs are aimed at expanding on the historical success and the initial ground sampling and reconnaissance by Willow Creek of the properties and surrounding areas. 

Dolly Varden: Willow Creek received a very positive report from its geologists who conducted an initial ground work on the property. The geologists reported anomalous gold and copper throughout the property, while some visible copper staining at the Northeast shears was observed. The samples collected from this initial groundwork show early indications of favorable results, which has encouraged management to continue to advance the exploration program. After the initial groundwork was conducted, Willow Creek added new claims to the property, which presented numerous trending structures with mineralization. The new claims cover the extensions of these mineralized fault zones. Early 2011 exploration program to include: trenching, sampling, ground geophysics, mapping and further targeting; then, advancing the exploration program in the early spring. (Initial sample results from Dolly Varden pending.)

Hercules: The Willow Creek team of geologists and analysts have been organizing, reviewing and interpreting the historical database of information from the Hercules project, and are very encouraged by the preliminary findings. Willow Creek management is eager to move the interpretation forward to the next step, which will be cross-sections, and then determining the amount of gold in-ground based on certain cutoff grades. The 2011 exploration program will be further evaluated and outlined when the interpretation of the data has been completed and new targets have been identified.

"After this next stage of ground work and analysis, we will be gearing up for a more aggressive exploration program to further advance both the Dolly Varden and Hercules projects with the goal of developing new resources at numerous targets. With added liquidity and the potential to attract more institutional investors through our forward split, and an aggressive and strategic exploration program, 2011 is gearing up to be a very exciting year for Willow Creek," stated Terry Fields, President, Willow Creek.

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 Hercules and Dolly Varden Projects, both 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.

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

THIS NEWS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS," AS THAT TERM IS DEFINED IN SECTION 27A OF THE UNITED STATES SECURITIES ACT OF 1933, AS AMENDED, AND SECTION 21E OF THE UNITED STATES SECURITIES EXCHANGE ACT OF 1934, AS AMENDED. STATEMENTS IN THIS NEWS RELEASE, WHICH ARE NOT PURELY HISTORICAL, ARE FORWARD-LOOKING STATEMENTS AND INCLUDE ANY STATEMENTS REGARDING BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS REGARDING THE FUTURE. EXCEPT FOR THE HISTORICAL INFORMATION PRESENTED HEREIN, MATTERS DISCUSSED IN THIS NEWS RELEASE CONTAIN FORWARD-LOOKING STATEMENTS THAT ARE SUBJECT TO CERTAIN RISKS AND UNCERTAINTIES THAT COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM ANY FUTURE RESULTS, PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH STATEMENTS. STATEMENTS THAT ARE NOT HISTORICAL FACTS, INCLUDING STATEMENTS THAT ARE PRECEDED BY, FOLLOWED BY, OR THAT INCLUDE SUCH WORDS AS "ESTIMATE," "ANTICIPATE," "BELIEVE," "PLAN" OR "EXPECT" OR SIMILAR STATEMENTS ARE FORWARD-LOOKING STATEMENTS. RISKS AND UNCERTAINTIES FOR THE COMPANY INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH NATURAL RESOURCE EXPLORATION AND DEVELOPMENT AND NEEDS FOR FUNDING AS WELL AS THE RISKS SHOWN IN THE COMPANY'S MOST RECENT ANNUAL REPORT ON FORM 10-K AND ON FORM 10-Q AND FROM TIME-TO-TIME IN OTHER PUBLICLY AVAILABLE INFORMATION REGARDING THE COMPANY. OTHER RISKS INCLUDE RISKS ASSOCIATED WITH THE REGULATORY APPROVAL PROCESS, COMPETITIVE COMPANIES, FUTURE CAPITAL REQUIREMENTS AND THE COMPANY'S ABILITY AND LEVEL OF SUPPORT FOR ITS EXPLORATION AND DEVELOPMENT ACTIVITIES. THERE CAN BE NO ASSURANCE THAT THE COMPANY'S DEVELOPMENT EFFORTS WILL SUCCEED AND THE COMPANY WILL ULTIMATELY ACHIEVE COMMERCIAL SUCCESS. THESE FORWARD-LOOKING STATEMENTS ARE MADE AS OF THE DATE OF THIS NEWS RELEASE, AND THE COMPANY ASSUMES NO OBLIGATION TO UPDATE THE FORWARD-LOOKING STATEMENTS, OR TO UPDATE THE REASONS WHY ACTUAL RESULTS COULD DIFFER FROM THOSE PROJECTED IN THE FORWARD-LOOKING STATEMENTS. ALTHOUGH THE COMPANY BELIEVES THAT THE BELIEFS, PLANS, EXPECTATIONS AND INTENTIONS CONTAINED IN THIS NEWS RELEASE ARE REASONABLE, THERE CAN BE NO ASSURANCE THOSE BELIEFS, PLANS, EXPECTATIONS OR INTENTIONS WILL PROVE TO BE ACCURATE. INVESTORS SHOULD CONSIDER ALL OF THE INFORMATION SET FORTH HEREIN AND SHOULD ALSO REFER TO THE RISK FACTORS DISCLOSED IN THE COMPANY'S PERIODIC REPORTS FILED FROM TIME-TO-TIME WITH THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION.

THIS NEWS RELEASE HAS BEEN PREPARED BY MANAGEMENT OF THE COMPANY WHO TAKES FULL RESPONSIBILITY FOR ITS CONTENTS. FINRA, THE SEC AND THE OTCBB NEITHER APPROVES NOR DISAPPROVES THE CONTENTS OF THIS NEWS RELEASE. THIS NEWS RELEASE SHALL NOT CONSTITUTE AN OFFER TO SELL OR THE SOLICITATION OF AN OFFER TO BUY NOR SHALL THERE BE ANY SALE OF THESE SECURITIES IN ANY JURISDICTION IN WHICH SUCH OFFER, SOLICITATION OR SALE WOULD BE UNLAWFUL PRIOR TO REGISTRATION OR QUALIFICATION UNDER THE SECURITIES LAWS OF ANY SUCH JURISDICTION.

Contact Information

  • Terry Fields
    President
    Corporate contact: 1-310-961-4927