Eaglecrest Begins Drilling on Third Gold Shoot at San Simon

VANCOUVER, BC - Eaglecrest Explorations Ltd. reported that it has begun to drill the third gold shoot at its San Simon project in Bolivia.
The San Pedro West gold shoot is located about 200 metres east of the L463 gold shoot and 350 metres east of the L484 gold shoot, the first two gold shoots recognized by Eaglecrest. All three shoots are within a one kilometre sector of the four kilometre long Trinidad-Manganeso Thrust, which is one of several thrust faults that have been identified as a host of gold mineralization in the San Simon district.
"The new drilling, along with re-sampling of old drill holes in the L484 and San Pedro West gold shoots, will be significant advancements toward the goal of establishing a NI 43-101 compliant gold resource for the first kilometre of the Dona Amelia zone," said Hans Rasmussen, President and Chief Operating Officer. "The identification of San Pedro West as another significant gold shoot in the Dona Amelia zone speaks to the success of our exploration program. Since it is located along the same thrust fault that hosts our first two recognized gold shoots, we believe San Pedro West has tremendous upside potential."
The San Pedro West gold shoot was recognized in three-dimensional modeling of the company's drill database. Previous drilling at San Pedro was done in 2004 and 2005 with holes spaced about 100 metres apart.
The San Pedro West zone will be drilled with one drill rig while the second drill rig remains on the L484 gold shoot. It is expected that about two months of drilling will be required to fully delineate the gold potential of this shoot.
The company's address is 1055 West Hastings Street, Suite 300, Vancouver, BC V6E 2E9, 604-684-7160, fax: 604-684-7162, email: [email protected].