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Highly Speculative Buy: Copper Creek Gold Corp. CPV – Latest Drill Results!

Today we did our most speculative buy ever: Copper Creek Gold. (TSXV:CPV) we bought at CAD$ 0,075 investing just a very minor part of our capital, since this buy is very, very speculative. This company has used very modern methods in finding their targets. Electro-magnetic (EM) data was used to determine where to drill, the results from the last two drill holes look very promising. We expect that a new drill program will be scheduled for next year. The company claims are very close to the famous Eskay Creek Mine.

Yesterday this new addition to our portfolio announced the results of the last two drill holes of their Bonsai Project.  Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.

Copper Creek Gold Copr. News Release:

VANCOUVER, BRITISH COLUMBIA – November 22, 2010 – Copper Creek Gold Corp. (TSX VENTURE: CPV) reports it has received assay results for the remaining four drill holes, BZ10-008 thru BZ10-011 from the Bonsai property located in the Eskay area of British Columbia.
During the summer exploration season, the Company drilled 3,460.86 metres of NQ2 diameter diamond drill core in 11 drill holes on its Bonsai property, 6km southwest of Barrick Gold Corp.’s past producing Eskay Creek mine. Results from holes BZ10-001 thru BZ10-007 have been previously released. Results from the remaining drill holes BZ10-008 thru BZ10-011 are found as this link . Anomalous silver mineralisation was intersected within 3 of the 4 drill holes reported.

Although precious metal grades discovered to date have been disappointing, the Company remains optimistic. Broad areas of disseminated sulphide mineralization have been noted in all 11 holes drilled to date. This mineralisation can
at times be observed over hundreds of meters in drill core. The sulphide mineralisation intersected to date can be directly correlated to the IP charge-ability anomalies that were targeted by this seasons drilling. This large zone of sulphide mineralisation can now be traced for 800m in length, and up to 300m in depth.
The Company will be consulting with its advisors over the winter season to develop a plan to further explore this large, intriguing zone of mineralisation, as well as to extend exploration to other prospective areas on the Bonsai property.
The Company also hopes to soon be in a position to update shareholders with regards to upcoming exploration plans on its Santa Lucia gold project in Sonora, Mexico.
Kristian Whitehead, P. Geo., a qualified person under National Instrument 43-101, is in charge of the exploration program on behalf of the Company. All samples are being assayed by ALS Minerals of North Vancouver, BC. and undergoing a QAQC program which includes standards, blanks, field duplicates and preparation duplicates.
About Copper Creek Gold:
Copper Creek Gold Corp. is a Canadian based mineral exploration company actively exploring in Northern British Columbia and Mexico. The Company holds two exploration projects, the Bonsai Property located in the Eskay Creek region of Northwest British Columbia, Canada, and the Santa Lucia Gold Property located at Sonora, Mexico. The Company may earn up to a 70% interest in the Bonsai property from Teuton Resources Corp. and a 60% interest in the Santa Lucia property from Kootenay Gold Inc. subject to approval by the TSX Venture Exchange.
ON BEHALF OF THE BOARD
James Anderson, President
FOR FURTHER INFORMATION CONTACT
James Anderson, President
Tel. 604-662-3004, ext. 105
Cell: 778-989-5346
james777anderson@gmail.com
Bing Jung, CEO
Tel. 604-662-3004, ext. 101
www.coppercreekgold.com
Neither the TSX Venture Exchange nor the Investment Industry Regulatory Organization of Canada (IIROC) accepts responsibility for the adequacy or accuracy of this release.
This news release includes certain forward-looking statements or information. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding future plans and objectives of Copper Creek are forward looking-statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Copper Creek’s plans or expectations include availability of capital and financing, general economic, market or business conditions, regulatory changes, timelines of government or regulatory approvals and other risks inherent in the oil and gas and mineral exploration industries and from the time to time in the filings made by Copper Creek. Copper Creek makes all reasonable efforts to update its corporate material, documentation and forward-looking information on a timely basis.

Source: Company website

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