Blind Creek Completes Acquisition of the Engineer MINE and GOLD Hill Properties
BLIND CREEK RESOURCES LTD.
804 – 750 West Pender St. Vancouver, B.C. V6C 2T7
Telephone: 604-682-2928 TSX Venture Exchange
Facsimile: 604-685-6905 Trading Symbol: “BCK”
BLIND CREEK COMPLETES ACQUISITION OF
THE ENGINEER MINE AND GOLD HILL PROPERTIES
April 26, 2017
Vancouver, BC – Blind Creek Resources Ltd. (TSXV: BCK) (the “ Company”) is pleased to anno unce
that it has completed the acquisition of 100% interest in the E ngineer Mine property and the adjoining
Gold Hill property, situated approximately 32 kilometres southwest of Atlin, British Columbia, pursuant to
terms of the agreement (the “ Agreement”) the Company had entered with Pan Andean Minerals Ltd.
(formerly, BCGold Corp. , “ Pan Andean ”). The Company has fully paid t he purchase price for these
properties and satisfied its obligations under the Agreement. The Company has granted to Pan Andean a
1.0% net smelter return royalty (“ Pan Andean’s Royalty”) on the Engineer Mine property, the Gold Hill
property, and the Company’s Blind Creek property that borders the west and south sides of the Engineer
Mine and Gold Hill properties . Guardsmen Resources Inc. retain s a 2.5% net smelter return royalty
(“Guardsmen’s Royalty ”) on the Gold Hill property. The Company has rights to buy back all of Pan
Andean’s Royalty under the Agreement and rights to buy back up to 2% of Guardsmen’s Royalty.
Consolidation of the mineral claims constituting the Engineer Mine and Gold Hill properti es allows the
Company to explore and possibly develop the area’s underlying resources as a whole in an efficient and
cost-effective manner. While the Company will remain focused on developing its key Blende Project in
the Mayo Mining District, Yukon, the Company also plans to commence a 2017 work program on the
Engineer Mine property, including soil geochemical surveys, trenching, geological mapping, sampling and
diamond drilling. The Company has engaged Mr. Darren O'Brien, P.Geo. to update the Engineer M ine
property NI 43- 101 technical report. The Company has recently enlarged the Engineer Mine property by
staking 25 additional mineral claims totalling 8,287 hectares , as a result t he Engineer Mine property has
significantly increased in size from 3,537 hectares to 11, 668 hectares. Overall the Engineer Claim Group
is 18 kilometres by 9.5 kilometres in size.
No securities of the Company were issued as consideration for the t ransaction under the Agreement, and
as such t he transaction constitutes an Exempt Transaction in accordance with Policy 5.3 of the TSX
Venture Exchange.
On Behalf of the Board of Directors of Blind Creek Resources Ltd.
“Thomas Kennedy”
Thomas Kennedy,
Chief Executive Officer
For further information please contact:
Christopher P. Cherry, Chief Financial Officer
Tel: (604) 908-3095 • Fax: (604) 669-3041
59° 30' 00" N
134° 15' 00" W
133° 30' 00" W
ATLIN
Golden
Mountain
Engineer
Mountain
Atlin LakeTagish
Lake
Edgar
Lake
Bee
Peak
Mount
Switzer
ENGINEER
MINE
ENGINEER
MINE
Drafted by A.Justason, April 26, 2017
green, yellow and orange add up to 3969ha
purple represents all 25 newly staked claims which are xxxha
total new 11520
delete all other claims
move to cut off the west abit more and make the title box bigger and change purple to orange
Atlin
Mountain
134° 00' 00" W
BLENDE
PROPERTY
ENGINEER MINE
PROPERTY
Engineer Mine and Mineral Claim Group
Property Location Map
Legend
0km 5km 10km
Engineer Group: BC Gold Agreement
Engineer Group: Recently staked acquisitions
MinFile Location
Engineer Group: Original BCK Claims
Crown Granted Mineral Claims (from BCG)
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in
the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or ac curacy of
this release.
This news release includes certain forward- looking information or forward- looking statements for the
purposes of applicable securities laws. These statements include, among others, statements with respect
to the timing and completion of the work planned for the Engineer Mine and Gold Hill properties . These
statements address future events and conditions and, as such, involve known and unknown risks,
uncertainties and other factors, which may cause the actual results, performance or achievements to
differ materially from those anticipated in such statements. Important factors that could cause actual
results to differ materially from the Company's expectations include, among others, the timing and
completion of the work planned for the Engineer Mine and Gold Hill properties , the anticipated benefits of
the acquisition of the Engineer Mine and Gold Hill properties to the Company, the timing and success of
the Company’s future exploration and development activities, exploration and development risks, market
prices, exploitation and exploration results, availability of capital and financing, general economic, market
or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel,
materials and equipment, unanticipated environmental impacts on operations and other exploration risks
detailed herein and from time to time in the filings made by the Company with securities regulators. In
making the forward- looking statements, the Company has applied severa l material assumptions
including, but not limited to, the assumptions that the work planned for the Engineer Mine and Gold Hill
properties will proceed as planned, the anticipated benefits of the acquisition of the Engineer Mine and
Gold Hill properties will be realized, the proposed exploration and development of the Company’s mineral
projects will proceed as planned, market fundamentals will result in sustained metals and mineral prices,
and any additional financing needed will be available on reasonable terms. The Company expressly
disclaims any intention or obligation to update or revise any forward-looking statements whether as a
result of new information, future events or otherwise except as otherwise required by applicable securities
legislation.