San Simon Project - Bolivia

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Message: Eaglecrest Reports Highest Gold Grade Thickness in Company's History...

Eaglecrest Reports Highest Gold Grade Thickness in Company's History...

posted on Apr 29, 2008 08:36AM
Eaglecrest Explorations Ltd.

Apr 29, 2008 12:21 ET

Eaglecrest Reports Highest Gold Grade Thickness in Company's History

VANCOUVER, BRITISH COLUMBIA--(Marketwire - April 29, 2008) - Eaglecrest Explorations Ltd. (TSX VENTURE:EEL)(FRANKFURT:EAT) today reported the highest gold grade-thickness interval in the company's drilling history at the San Simon project in northeastern Bolivia from one of the two final drill holes in its current drilling program.

Hole dh327 was recently completed in the L484 gold shoot as part of Eaglecrest's drill program and returned an estimated true thickness of 3.7 meters of 27.8 grams/tonne gold, for and a grade-thickness product of 103 gram-metres/tonne (27.8 grams/tonne multiplied by 3.7 metres), which is the best grade-thickness interval in the company's history at San Simon.

Eaglecrest's drilling program has been focused on the L484 and San Pedro West high-grade gold shoots, which are located in the Dona Amelia zone. A complete table of the diamond drill hole assay results is posted on the Company's website at A three-dimensional presentation of all drill hole results can be viewed at

"The fact that hole dh327 returned the highest gold grade-thickness interval in San Simon's history speaks to the high-grade gold potential of the L484 gold shoot and the other shoots that remain to be drilled in the Dona Amelia zone," said Hans Rasmussen, President and Chief Operating Officer. "We are generating these drill results while we build our first in-house 3D geologic model. The model will enable us to better understand the distribution of gold at San Simon and lead to more efficient infill drilling and exploration aimed at adding gold ounces to the model."

Eaglecrest also announced that it is in the process of purchasing the two diamond drill rigs. "Owning the drills will give the Company more flexibility and help our drilling program be more cost-effective," said Mr. Rasmussen

Drill Interval Interval grade
Hole # From(i) To(i) length(i) width(i) (g/tonne) Area
dh326 147.80 148.75 0.95 0.7 1.3 San Pedro West

dh327 336.05 336.50 0.45 0.4 1.6 L484 shoot
and 339.40 343.65 4.25 3.7 27.8 "
includes 341.00 343.00 2.00 1.7 57.1 "
and 346.02 347.00 0.98 0.9 1.0 "

(i) from, to, length, and width in this table are expressed in metres;
width represents approximate true thickness. Assay intervals shown here
use a cutoff grade of 1 gram/tonne gold.

The technical information in this News Release has been reviewed and approved by Dr. Odin Christensen, a technical consultant and Eaglecrest board member, who is a Qualified Person in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects. The drill core samples were prepared at the on-site fire assay laboratory that is independently operated by Analab S.A. of Peru and is under the overall supervision of Gary Hawthorn, a Mineral Processing Engineer and a Qualified Person under NI 43-101.

About Eaglecrest

Eaglecrest Explorations Ltd. is conducting an advanced exploration project on its San Simon gold property in Bolivia. Eaglecrest controls mineral rights that cover nearly 300 square kilometres on the San Simon Plateau, situated on the Precambrian shield in northeast Bolivia. Eaglecrest's mandate is to increase shareholder value by employing strong technical expertise, both at the Board level and on the ground, to systematically explore and develop San Simon. Additional information is available at and at the Company's website,

On behalf of the Board of Directors,

Hans Rasmussen, President, Eaglecrest Exploration Ltd.

CAUTION CONCERNING FORWARD-LOOKING STATEMENTS: This news release concerns certain "forward-looking statements", including but not limited to, the statements regarding the Company's strategic plan, work programs and exploration budgets at the Company's San Simon Project. The forward-looking statements express, as at the date of this news release, the Company's plans, estimates, forecasts, projections, expectations or beliefs as to future events and results. Forward-looking statements involve a number of risks and uncertainties, and there can be no assurance that such statements will prove to be accurate. Therefore, actual results and future events could differ materially from those anticipated in such statements. Risks and uncertainties that could cause results or future events to differ materially from current expectations expressed or implied by the forward-looking statements include, but are not limited to, factors associated with industry risks, risks associated with foreign operations, environmental risks and hazards and other risks.

For more information, please contact

Eaglecrest Explorations Ltd.
Paul Zdebiak
(604) 687-7272
Email: [email protected]


Barnes McInerney Inc.
Daniel Weinerman
(416) 367-5000 ext. 248
Email: [email protected]
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