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Colombia Crest Gold Corp. (CLB)
Exchange: TSX Venture Exchange
$0.020
May 20, 2013, 12:28 AM EDT
Change: 0.00 (0.00%)
Volume: 0

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VANCOUVER, BRITISH COLUMBIA--(CCNMatthews - May 4, 2005) - Eaglecrest Explorations Ltd. (TSX VENTURE:EEL)(FWB:EAT.FSE) is pleased to report that in late April seven semi-trailers transported all the major components of the gold recovery plant to the Company's San Simon property. The gold recovery plant will be erected in the Dona Amelia zone. The Dona Amelia zone covers an area of 40 square kilometres within the Company's 298.84 square kilometres San Simon project.

The Company has moved its existing jaw crusher 10 kilometres from the Paititi zone to the Manganeso area of the Dona Amelia zone for use with the new gold recovery plant. The jaw crusher and related conveyor belts are in place, and the foundation for the newly arrived cone crusher has been poured. Foundations for the milling circuit and the diesel fuel tanks have also been poured. The convoy of semi-trailers traveled the 750 kilometres from Santa Cruz to the San Simon site carrying the ball mill, cone crusher, two 75,000 litre diesel fuel tanks, flotation cells, a jig, a shaking table and diesel generators. A second convoy of two semi-trailers is scheduled to arrive on site by mid May with the remaining components of the plant, including pump boxes and flotation cell launderers.

The erection of the 150 tonne per day (tpd) gold recovery plant is expected to take in excess of six weeks, and commissioning is scheduled to be completed in the second half of June, 2005. The gold recovery plant will be used to process ore in batches to determine the true in-situ gold grade of the quartz vein of the Dona Amelia zone. Two declines with subsequent cross cut drifts will be developed, the first in the Trinidad area and the second in the Manganeso area.

When fully operational, the Company's crushing plant will be capable of processing 450 tpd of ore. The initial gold recovery plant will be able to process only 150 tpd of ore. Accordingly, the Company plans to add two additional mill circuits to the gold recovery plant in Q4 2005 to utilize the full 450 tpd output of the crushing plant. Gold recovery plant production is anticipated to be approximately 50% gold concentrate and approximately 50% bold bullion, both of which will be sold to an international smelter.

The underground exploration bulk sampling program is being supervised by Tor Bruland, P. Geo. and Don Allen, P. Eng., both of whom are Qualified Persons under the Canadian National Instrument 43-101 Standards of Disclosure for Mineral Projects.

On behalf of the Board of Directors,

Carl A. Erickson, President, Eaglecrest Exploration Ltd.

Additional information on the company's project is available on our website www.eaglecrestexplorations.com, the SEDAR website (securities related information electronic filed with the Canadian securities regulatory authorities) www.sedar.com or by contacting Paul Zdebiak at 604-687-7272 or by E-Mail: eel.tsxv@telus.net.


FOR FURTHER INFORMATION PLEASE CONTACT:

Eaglecrest Explorations Ltd.
Paul Zdebiak

(604) 687-7272

eel.tsxv@telus.net


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