August 15, 2008
Iron Creek Capital Corp.: Pampa Buenos Aires-JV Agreement Signed; Drilling Commenced
Iron Creek Capital Corp. (TSX VENTURE: 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 Penon 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.
ON BEHALF OF THE BOARD
Michael Winn, President
The TSX Venture Exchange has not reviewed and does not take responsibility for the adequacy or accuracy of this release.
Contacts: Iron Creek Capital Corp. Michael Winn President (604) 682-1545 (604) 682-1514 (FAX) Email: [email protected] Website: www.ironcreekcapital.com
SOURCE: Iron Creek Capital Corp.