Blind Creek Resources Ltd. (TSX VENTURE:BCK) ("the Company" or "Blind Creek")
reports that it has staked an additional 797 claims (16,657 hectares/41,165
acres) situated in the Mayo Mining District in central Yukon. New claims include
extensions to the new ATAC Yukon Carlin Trend with additional claims adjacent to
the Company's Blende, lead-zinc-silver deposit near Mt Williams and ATACs recent
lead-zinc-silver Ocelot discovery. These Company claims also include 272 Yukon
Quartz claims and claim fractions staked across the geological strike of the
Bellekino silver deposit vein system as well as those of the historic Keno Hill
Silver vein systems situated 10 km to the west. Please visit the following link
to see map: http://media3.marketwire.com/docs/bck908i.jpg.


New claim highlights include: 



--  296 claims spanning the area between and contiguous with the Company's
    Blende Project and ATAC Resources' recent Ocelot discovery claims. 

--  153 gold prospect claims adjacent to the west end of ATACs Carlin Trend.

--  200 silver prospect claims have been staked east of Keno near the
    Bellekino high-grade silver mine. 



The Company completed geochemistry soil surveys and geological prospecting in
June 2011, with results pending. Once all data has been received and
interpreted, additional work is planned for these claim groups in order to seek
drilling targets. The Company will announce plans for this season once
finalized.


The Blende Deposit 

The Blende Property, which was the largest lead-zinc-silver deposit at the time
of the detailed geological paper by Robinson and Godwin in 1995, is a large
moderate grade deposit optioned by the Company in 2005 and is now owned by the
Company who purchased a 100% interest on November 30, 2008. In total, from 2006
to 2008, the Company has expended approximately $3.6 million, not including
property payments. Based on 1991 and previous drilling programs, published
historical tonnages and grades of the "reserve" were estimated by Billiton for
the whole property as:




----------------------------------------------------------------------------
1991 HISTORICAL RESOURCE ESTIMATE BY BILLITON PLC (NOW BHP Billiton)        
Originally termed "Reserve"                                                 
                                                                      SILVER
ZONE            RESOURCE tones         ZINC %         LEAD %     grams/tonne
West Zone           15,300,000           3.04           3.23            67.5
East Zone            4,300,000           3.05           1.31            15.1
TOTALS              19,600,000           3.04           2.80            56.0
----------------------------------------------------------------------------
as compiled by Barry Price, from 2004 report                                



Total drilling done on the Blende Property from 1988 to the end of 2008 is 132
holes totaling 25,195.32 m. In 2006 a total of 4,235.8 m of drilling was
completed in 23 holes drillholes and in 2007 an additional 15 drill holes
totaling 3411 meters were completed on the property by the Company in the Far
West, Far East and Central zones under the supervision of Chris Gallagher, M.Sc.
In 2008 the Company completed 7 holes in the West and Far west zones, totaling
1,047 meters under the supervision of Joanne Van Randen B.Sc. 


The Company now has an updated website with information and technical reports at
www.blindcreekresources.com. 


The technical information in this News Release has been reviewed by Nicholas
Clive Aspinall, P.Eng., a qualified person as defined in National Instrument
43-101.


On behalf of the Board of Directors,

J. Frank Callaghan, President and CEO

This News Release contains forward-looking statements. Forward-looking
statements are statements, which relate to future events and conditions and
therefore involve inherent risks and uncertainties. These statements are only
predictions and involve known and unknown risks, uncertainties and other factors
that may cause our or our industry's actual results, levels of activity,
performance or achievements to be materially different from any future results,
levels of activity, performance or achievements expressed or implied by these
forward-looking statements. While these forward-looking statements, and any
assumptions upon which they are based, are made in good faith and reflect our
current judgment regarding the direction of our industry, actual results will
almost always vary, sometimes materially, from any estimates, predictions,
projections, assumptions or other future performance suggested herein. Except as
required by applicable law, the Company does not intend to update any of the
forward-looking statements to conform these statements to actual results. All
phases of the Company's operations are subject to environmental regulation and
governmental approval and permits and there can be no assurance that the Company
will obtain all the requisite permits for future development. Mining is an
inherently risky business with large capital expenditures and cyclical metals
markets.


Blind Creek Resources (TSXV:BCK)
Historical Stock Chart
From Jun 2024 to Jul 2024 Click Here for more Blind Creek Resources Charts.
Blind Creek Resources (TSXV:BCK)
Historical Stock Chart
From Jul 2023 to Jul 2024 Click Here for more Blind Creek Resources Charts.