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| | August 15, 2008
Pampa Buenos Aires -- JV Agreement Signed; Drilling Commenced
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| | August 15, 2008 - Iron Creek Capital Corp. (TSX-V: 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 Peñón 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.
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release
ON BEHALF OF THE BOARD
"Michael Winn"
Michael Winn, President |
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| | You can view the Next News Releases item: Thu Sep 25, 2008, Vaquillas Project Optioned to Hochschild; $1.0 Million Financing Arranged
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