Posted by AGORACOM
at 10:00 AM on Wednesday, July 31st, 2019
Sponsor: American Creek Resources (TSX-V: AMK) American Creek owns a 20% Carried Interest to Production at the Treaty Creek Project in the Golden Triangle. 2019’s first hole averaged of 0.683 g/t Au over 780m in a vertical intercept. The Treaty Creek property is located in the same hydrothermal system as the Pretivm and Seabridge’s KSM deposits.
Sprott sold 3.3 million shares of Kirkland stock for C$168m
Deployed C$139m on 16 gold and silver explorers since May
Includes $4M in Tudor Gold and most recently 1$M in American Creek for Treaty Creek Exposure at Goldstorm
Eric Sprott is responsible for nearly a quarter of the money flowing into junior mining since May, says Oreninc. Image from archives.
The gold price has now been camped out above $1,400 an ounce for a month, and silver has finally come alive above $16 per ounce, but legendary mining financier Eric Sprott had already kicked off a major junior investment spree when the metals were significantly cheaper than they are today.
The Canadian billionaire investor – also a pioneer in the gold-backed
ETF industry – has splashed more than C$139 million on 16 gold and
silver explorers (and some nickel on the side) since May, according to
junior mining finance authority Oreninc. $127m of the total found its way to Canada-domiciled companies.
Sprott uses a company called 2176423 Ontario to play the space and
was able to flash the cash thanks in part to a divestment from Kirkland
Lake Gold, (TSX:KL) (NYSE:KL) where he was chairman until recently.
Sprott, has sold some 3.3 million shares of Kirkland stock for C$168
million, reducing his position from 10% to 8% according to Oreninc data.
Kirkland Lake has been on a roll, doubling its share price in under a
year.
Kirkland Lake output could reach 1 million ounces for the first time this year, driven by record production at its flagship Fosterville mine in Australia. Fosterville is the lowest cost gold mine in the world, extracting the metal for a mere $313 an ounce all-in this year.
Posted by AGORACOM
at 8:49 PM on Monday, July 29th, 2019
Eric Sprott enters strategic Investment with AMK for 20 Million Shares
Mr. Sprott has agreed to sign a voting agreement in which he will vote with management in the event of a hostile takeover bid
Will also vote with management if management agrees to accept a takeover bid.
Cardston, Alberta–(Newsfile Corp. – July 29, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“the Corporation”) (“American Creek”) today announced that
it intends to complete a non-brokered private placement with Eric
Sprott’s private company, 2176423 Ontario Ltd. consisting of the
issuance of 20,000,000 units (“Units”) at a price of $0.05 per Unit for
proceeds of $1,000,000.
Each Unit will consist of one common share
of the Corporation (“Common Share”) and one non-transferrable Common
Share purchase warrant (“Warrant”). Each Warrant may be exercised for
one additional Common Share at a price of $0.065 for a period of 24
months from the closing date of the Offering. The Warrants will be
subject to an acceleration provision which provides that in the event
that the market closing price of the Corporation’s shares exceeds $0.12
for 30 consecutive days, the Corporation may within 5 days after such an
event, provide notice to the Warrant holder of early expiry and
thereafter, the Warrants will expire on the date which is 15 days after
the date of the notice to the Warrant holder.
As part of this
financing and the issuing of the Units, Mr. Sprott has agreed to sign a
voting agreement in which he will vote with management in the event of a
hostile takeover bid, and to also vote with management if management
agrees to accept a takeover bid.
Darren Blaney, President &
CEO of American Creek, stated: “We welcome Mr. Sprott’s involvement and
significant contribution. This is an endorsement of not only the
potential of the Treaty Creek project but also of our other projects
we’ve been able to successfully acquire. With Mr. Sprott’s support and
with market conditions improving, we very much look forward to working
together to advance these projects and create additional value for our
shareholders.”
The securities are offered to qualified
purchasers in reliance upon exemptions from prospectus and registration
requirements of applicable securities legislation. No finder’s fees will
be paid related to this financing.
Proceeds will be used for
general operating purposes including settling current debt and advancing
the Corporation’s portfolio of mineral properties.
This private placement is subject to approval by the TSX Venture Exchange.
About American Creek
American
Creek is a Canadian junior mineral exploration company with a strong
portfolio of gold and silver properties in British Columbia.
Three
of those properties are located in the prolific “Golden Triangle”; the
Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter
Storm as well as the 100% owned past producing Dunwell Mine.
The
Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and
acting as operator. American Creek and Teuton Resources each have 20%
interests in the project. American Creek and Teuton are both fully
carried until such time as a Production Notice is issued, at which time
they are required to contribute their respective 20% share of
development costs. Until such time, Tudor is required to fund all
exploration and development costs while both American Creek and Teuton
have “free rides”.
Tudor is presently conducting a major drill
program at Treaty Creek with the objective being to define a significant
gold resource.
The Corporation also holds the Gold Hill,
Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King
properties located in other prospective areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
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 accuracy of this release.
Posted by AGORACOM
at 12:34 PM on Wednesday, July 17th, 2019
THE ONE GOLD REPORT TO READ Perhaps the most comprehensive Gold Report on the planet, the “IN GOLD WE TRUSTâ€
2019 annual report is now available for download from Incrementum.
For those new to the gold market there is a condensed (<100 pages)
report and for those who want to go deeper, an expanded version (>300
Pages).
We also suggest watching the short introductory video with Ronald-Peter Stoeferle further down the download page.
If you have not yet read the 2019 REPORT ON TREATY CREEK (potential world-class deposit in B.C.’s GOLDEN TRIANGE) click on the image for the full report.
HUB on Agoracom FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM
at 10:46 AM on Thursday, June 27th, 2019
THE ONE GOLD REPORT TO READ Perhaps the most comprehensive Gold Report on the planet, the “IN GOLD WE TRUSTâ€
2019 annual report is now available for download from Incrementum.
For those new to the gold market there is a condensed (<100 pages)
report and for those who want to go deeper, an expanded version (>300
Pages).
We also suggest watching the short introductory video with Ronald-Peter Stoeferle further down the download page.
If you have not yet read the 2019 REPORT ON TREATY CREEK (potential world-class deposit in B.C.’s GOLDEN TRIANGE) click on the image for the full report.
HUB on Agoracom FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM
at 9:59 AM on Wednesday, June 19th, 2019
THE ONE GOLD REPORT TO READ Perhaps the most comprehensive Gold Report on the planet, the “IN GOLD WE TRUST†2019 annual report is now available for download from Incrementum. For those new to the gold market there is a condensed (<100 pages) report and for those who want to go deeper, an expanded version (>300 Pages).
We also suggest watching the short introductory video with Ronald-Peter Stoeferle further down the download page.
If you have not yet read the 2019 REPORT ON TREATY CREEK (potential world-class deposit in B.C.’s GOLDEN TRIANGE) click on the image for the full report.
HUB on Agoracom  FULL DISCLOSURE: American Creek is an advertising client of AGORA Internet Relations Corp.
Posted by AGORACOM
at 9:22 AM on Wednesday, June 12th, 2019
JV partner Tudor Gold has begun a two-phase drill program at Treaty Creek located in the Golden Triangle
Diamond drilling is on the Goldstorm Zone which is on-trend from Seabridges’ Iron Cap Zone
The Goldstorm target appears to be a large body of gold mineralization that has been traced for approximately 500 meters along strike and appears to be approximately 300 meters in width.
Gold mineralization remains open in all directions and it is open to depth as well
Cardston, Alberta–(Newsfile Corp. – June 12, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (OTC Pink: ACKRF) (“American Creek”) is pleased to report
that JV partner Tudor Gold has begun a two-phase drill hole program at
their flagship property, Treaty Creek located in the Golden Triangle of
Northwestern British Columbia. Diamond drilling is starting on the
Goldstorm Zone which is on-trend from Seabridges’ Iron Cap Zone located
five kilometers to the southwest of our Goldstorm-Copper Belle system.
The
gold mineralization remains open in all other directions and it is open
to depth as well. The focus of the program is to expand the gold
mineralization to the southeast in the direction of the footwall zone
and to attempt large step-outs to the northeast along the strike of the
gold mineralized trend.
Figure
1. Treaty Creek: Seabridge’s Iron cap in background (SW), mineralized
zones labeled, Goldstorm in foreground (NE). The Kyba Discovery Contact
(red) & the Sulphurets Thrust Fault (blue) are responsible for many
world-class deposits.
Ken
Konkin, P.Geo., Tudor Gold’s Exploration Manager stated: “Our crews
have worked very hard in order to get the camp operational and to build
the required drill platforms to begin the drill program. The goal is to
drill along wide-spaced sections in-order to rapidly advance the drill
program. The Goldstorm target appears to be a large body of gold
mineralization that has been traced for approximately 500 meters along
strike and appears to be approximately 300 meters in width. We have yet
to encounter the footwall contact zone and the last hole drilled in 2018
was on a 100 meter step-out along strike to the northeast. This drill
hole CB18-39 yielded one of the best results of the project to-date (
0.981 grams per tonne gold over 563.8m ). The richer gold-bearing
horizons occur near surface within the uppermost parts of the Goldstorm
body; however, the system shows great vertical continuity and extends
for approximately 700 meters. Drill hole CB18-39 ended in
mineralization, therefore, the true depth of the system is unknown. In
addition to the diamond drill hole program, a geophysical team will
assess the structural aspects. Crews will utilize a deep ground
penetrating radar instrument in order to scan through the glacier and
lateral moraine piles. This may give us clues as to the nature of the
footwall contact zone and continuity of other regional structures that
occur beneath the covered areas of the immediate Goldstorm area.”
Darren
Blaney, CEO of American Creek stated: “It’s great to see the 2019
exploration program commencing at Treaty Creek. Tudor is to be commended
for doing what it takes to get a very early start on the much
anticipated drilling. We are confident in Mr. Konkin and his team and
very much look forward to the realization of a maiden resource
calculation at Treaty Creek.”
The first phase of drilling will include 3,600 meters of drilling with five planned drill holes.
Walter Storm, President and CEO
stated: “We are confident that Ken Konkin with his geological
experience has defined and prioritized the right drill targets for our
phase l drilling and we can plan a phase II drilling later this season
based upon results obtained from the first round of drilling.”
Treaty Creek Information
For a complete report on Treaty Creek, click here.
To view a video on the 2019 drill program, click here.
Qualified Person
The
Qualified Person for this news release for the purposes of National
Instrument 43-101 is the Company’s Exploration Manager, Ken Konkin,
P.Geo. He has read and approved the scientific and technical information
that forms the basis for the disclosure contained in this news release.
About American Creek
American
Creek is a Canadian junior mineral exploration company with a strong
portfolio of gold and silver properties in British Columbia. Three of
those properties are located in the prolific “Golden Triangle”; the
Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter
Storm as well as the 100% owned past producing Dunwell Mine.
The
Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax,
Silver Side, and Glitter King properties located in other prospective
areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
Posted by AGORACOM
at 9:54 AM on Friday, May 3rd, 2019
Primary exploration target within Treaty Creek is the Goldstorm system.
The Goldstorm zone is located five kilometers northeast of Seabridge’s Iron Cap Deposit.
The Goldstorm mineralized body can be traced for at least 500 meters along strike.
20 diamond drill holes totaling 14,000 meters of drilling are planned
Cardston, Alberta–(Newsfile Corp. – May 3, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“the Corporation”) is pleased to announce that JV partner
Tudor Gold (“Tudor”) has announced the 2019 exploration plans for its
flagship property, the Treaty Creek project located in the Golden
Triangle of NW British Columbia.
The primary exploration target
within Treaty Creek is the Goldstorm system. From the southwest corner
of the Treaty Creek claims, which are bordering Seabridge’s claims, the
Sulphurets Thrust Fault leads from Seabridge’s Iron Cap Deposit to
Tudor’s Goldstorm system. This regional thrust fault sharply defines the
hanging wall contact of both the Iron Cap Deposit and the Goldstorm
zone. The Goldstorm zone is located five kilometers northeast of
Seabridge’s Iron Cap Deposit.
Map showing Sulphurets fault extending through Goldstorm zone.
The
Goldstorm mineralized body can be traced for at least 500 meters along
strike. The gold mineralization appears to be confined to the northwest
by what appears to be the Sulphurets Thrust Fault, however gold
mineralization remains open in all other directions and is open to depth
as well.
Ken Konkin, P.Geo. Tudor’s Exploration Manager, provided details on Tudor’s exploration plans and objectives for Treaty Creek:
“For
the 2019 exploration season we have planned 20 diamond drill holes
totaling 14,000 meters of drilling, subject to the Company having
sufficient cash resources to fund the ongoing program. Tudor Gold plans
to use two diamond drill rigs. The first phase of drilling will include
3,600 meters of drilling with five planned drill holes. The goal is to
trace-out the gold mineralization to the footwall contact and to
continue drilling to extend the zone to the northeast 200 meters beyond
drill hole CB18-39 (0.981 gpt Au over 563.8m) (See news release of
November 26, 2018). The gold system appears to be at least 300 meters
wide and at least 700 meters deep, however the strongest mineralized
horizons occur near surface in the uppermost parts of the mineralized
body. In order to fast-track the exploration process, step-out drilling
along strike is proposed in 200 meter sections. We believe that this
approach is the most efficient way to outline the size and shape of the
target.”
Walter Storm, President and CEO of Tudor stated: “We are
fortunate to have someone with such vast geological experience as Ken
Konkin as Tudor Gold’s Exploration Manager. Our management team is very
confident with Ken’s abilities and he will personally manage all aspects
of the drill program. His preliminary work has been outstanding in
defining and prioritizing drill targets.”
Darren Blaney, CEO of
American Creek stated: “The much anticipated 2019 exploration program at
Treaty Creek is rapidly approaching. We are very optimistic that the
proposed expanded drilling program building on that spectacular last
hole from 2018, CB18-39 will continue to show extensive gold
mineralization. We have the utmost confidence in Mr. Konkin’s expertise
and ability as his amazing track record speaks for itself.”
The following video shows the drill hole collar locations with proposed drill hole traces.
The
Qualified Person for this news release for the purposes of National
Instrument 43-101 is Ken Konkin, P.Geo. He has read and approved the
scientific and technical information that forms the basis for the
disclosure contained in this news release.
The Treaty Creek
Project is a joint venture between Tudor Gold, American Creek Resources,
and Teuton Resources Corp. Tudor is the operator and holds a 60%
interest with both American Creek and Teuton each holding respective 20%
carried interests in the property (fully carried until a production
notice is given).
For more information about Treaty Creek click here.
About American Creek
American
Creek is a Canadian junior mineral exploration company with a strong
portfolio of gold and silver properties in British Columbia. Three of
those properties are located in the prolific “Golden Triangle”; the
Treaty Creek and Electrum joint venture projects with Tudor Gold/Walter
Storm as well as the 100% owned past producing Dunwell Mine.
The
Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax,
Silver Side, and Glitter King properties located in other prospective
areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
Posted by AGORACOM
at 9:37 AM on Wednesday, April 17th, 2019
JV partner Tudor Gold has retained P&E Mining Consultants Inc. for assistance in planning the upcoming 2019 drilling season.
Purpose is to create a National Instrument 43-101 for the Treaty Creek Property
Treaty Creek is located immediately adjacent to Seabridge Gold’s KSM and just north of Pretivm’s now producing Brucejack/Valley of the Kings high grade gold mine in northwestern British Columbia.
Cardston, Alberta–(Newsfile Corp. – April 17, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“American Creek”) is pleased to announce that JV partner
Tudor Gold has retained P&E Mining Consultants Inc. (“P&E”) of
Brampton, Ontario for assistance in planning the upcoming 2019 drilling
season, with a view to eventually compiling an initial Mineral Resource
Estimate pursuant to National Instrument 43-101 for the Treaty Creek
Property located immediately adjacent to Seabridge Gold’s KSM and just
north of Pretivm’s now producing Brucejack/Valley of the Kings high
grade gold mine in northwestern British Columbia.
P&E Mining
Consultants Inc., established in 2004, provides geological and mine
engineering consulting reports, Mineral Resource Estimate technical
reports, Preliminary Economic Assessments and Pre-Feasibility Studies.
P&E undertook the initial Mineral Resource Estimate for Pretium
Resources Inc.’s Brucejack Property and the resulting Technical Report
that supported the $100M IPO.
Ken Konkin, Tudor Gold’s Exploration
Manager stated, “I have had the pleasure of working with Mr. Eugene
Puritch, P. Eng, FEC and President of P&E Mining Consultants Inc.
and his team of professional geologists and professional engineers on
several projects in North and South America. P&E Mining Consultants
specialize in geological modeling and mine design and their work is of
the highest standards. I look forward to working again with Eugene and
his geo-scientists and engineers in order to determine the optimum drill
hole spacing required for the drill program. Our goal is to fast-track
the exploration program at Treaty Creek during this summer adding value
to Tudor’s Goldstorm target in the most efficient and economic methods
possible. Once drilling begins, P&E Mining Consultants will conduct a
site visit and complete a project review.”
Darren Blaney, CEO of
American Creek stated: “We very much look forward to having Tudor and
Mr. Konkin commence the much anticipated 2019 Treaty Creek drill program
building on the last hole from 2018 that ran 563 meters of 0.98 g/t
gold. Securing a top tier firm to oversee the drilling and maiden
resource calculation is a very positive step in the advancement of the
Treaty JV. The Golden Triangle region is heating up and attracting
attention and this upcoming season is shaping up to be very
significant.”
About American Creek
American Creek is
a Canadian junior mineral exploration company with a strong portfolio
of gold and silver properties in British Columbia. Three of those
properties are located in the prolific “Golden Triangle”; the Treaty
Creek and Electrum joint venture projects with Tudor Gold/Walter Storm
as well as the 100% owned past producing Dunwell Mine.
The
Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax,
Silver Side, and Glitter King properties located in other prospective
areas of the province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
Posted by AGORACOM
at 8:33 AM on Wednesday, February 27th, 2019
JV partner Tudor Gold has updated information from the southern part of the Goldstorm Zone on the Treaty Creek property in the Golden Triangle
Significant horizons of stronger gold mineralization occur in a thick envelope of low-grade gold mineralization throughout the entire Goldstorm Zone.
Within the low-grade mineralized body, near-surface horizons of stronger gold grades occur.
CB-17-24 interval averages 0.945 g/t Au over 213.0 meters,including the core of the zone that averages 1.925 g/t Au over a 60 meter interval.
Cardston, Alberta–(Newsfile Corp. – February 27, 2019) – American Creek Resources Ltd. (TSXV: AMK) (the “Company”)is
pleased to announce that JV partner Tudor Gold has updated information
from the southern part of the Goldstorm Zone on the Treaty Creek
property in the Golden Triangle region of British Columbia. New
composites from drill holes completed during 2017 and 2018 demonstrate
that significant horizons of stronger gold mineralization occur in a
thick envelope of low-grade gold mineralization throughout the entire
Goldstorm Zone.
Within
the low-grade mineralized body, near-surface horizons of stronger gold
grades occur. The southernmost drill section, 107+00 NE (attached below)
demonstrates that the Goldstorm Zone contains a higher grade gold
interval at its eastern near-surface projection in hole CB-17-24. This
enriched gold interval averages 0.945 g/t Au over 213.0 metersincluding the core of the zone that averages 1.925 g/t Au over a 60 meter interval.
Similarly, the upper part of the gold intercepts in holes CB18-32 and
CB18-34 also demonstrate that the stronger gold mineralization occurs in
the upper portion of each intercept. The following table gives gold
composites from the three drill holes on Section 107+00 NE that cut the
Goldstorm Zone.
To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/682/43074_39f1da8cb467c8d9_001full.jpgTudor
Gold Exploration Manager Ken Konkin stated: “We consistently see thick,
low-grade gold intercepts that contain distinct horizons of stronger
gold mineralization throughout the entire Goldstorm Zone. Our
preliminary petrographic studies confirm that gold mineralization is
associated with multiple pulses of disseminated and veinlet pyrite
emplacement. These events were then over-printed and mineralized by
late-stage, steep-angled, quartz-calcite-pyrite veinlets that contain
native gold. The hanging wall of the Goldstorm Zone is well defined by a
sharp fault contact. This appears to be a moderately dipping regional
thrust fault similar to the orientation and nature of the Sulphurets
Thrust Fault hanging wall contact at Seabridge’s Iron Cap deposit,
located five kilometers to the southwest.” Goldstorm
extends for at least 500 meters along a northeastern strike and is open
to the east, north and down dip. A drill plan map showing the locations
of drill hole collars and section lines is included below in the
attached Section 107+00NE. Drill hole CB18-35B stopped within the fault
zone and therefore did not penetrate the gold zone. In the following
weeks, geologists will be planning an aggressive diamond drill hole
program for the 2019 exploration season in order to fast-track the
advancement of the Treaty Creek Project. Tudor
Gold will be displaying core samples and drill sections at booth #3314
at the Prospectors and Developers Association of Canada convention in
Toronto March 3-6, 2019.
To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/682/43074_39f1da8cb467c8d9_003full.jpgQA/QCIn
2016 and 2017, drill core samples were prepared and analyzed at
Activation Laboratories Ltd. in Kamloops, BC. In 2018, drill core
samples were prepared ALS Global’s Preparation Laboratory in Terrace, BC
and assayed at ALS Global’s Geochemical Laboratory in North Vancouver,
BC. Analytical accuracy and precision are monitored by the submission of
blanks, certified standards and duplicate samples inserted at regular
intervals into the sample stream by Tudor Gold personnel. Activation
Laboratories and ALS Global Laboratories quality systems comply with the
requirements for the International Standards ISO 17025: 2005. QP The
Qualified Person for this new release for the purposes of National
Instrument 43-101 is Tudor Gold’s Exploration Manager, Ken Konkin,
P.Geo. He has read and approved the scientific and technical information
that forms the basis for the disclosure contained in this news release. About American Creek
American
Creek holds a strong portfolio of gold and silver properties in British
Columbia. Three of those properties are located in the prolific “Golden
Triangle”; the Treaty Creek and Electrum joint venture projects with
Tudor Gold (Walter Storm) as well as the 100% owned past producing
Dunwell Mine.
The Corporation also holds
the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and
Glitter King properties located in other prospective areas of the
province.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.comNeither
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 accuracy of this release. Cautionary Statements regarding Forward-Looking Information Certain
statements contained in this press release constitute forward-looking
information. These statements relate to future events or future
performance. The use of any of the words “could”, “intend”, “expect”,
“believe”, “will”, “projected”, “estimated” and similar expressions and
statements relating to matters that are not historical facts are
intended to identify forward-looking information and are based on the
Company’s current belief or assumptions as to the outcome and timing of
such future events. Actual future results may differ materially. All
statements including, without limitation, statements relating to the
Goldstorm Zone as well as any other future plans, objectives or
expectations of the Company are forward-looking statements that involve
various risks and uncertainties. There can be no assurance that such
statements will prove to be accurate and actual results and future
events could differ materially from those anticipated in such
statements. Important factors that could cause actual results to differ
materially from the Company’s plans or expectations include risks
relating to the actual results of current exploration activities,
fluctuating gold prices, possibility of equipment breakdowns and delays,
exploration cost overruns, availability of capital and financing,
general economic, market or business conditions, regulatory changes,
timeliness of government or regulatory approvals and other risks
detailed herein and from time to time in the filings made by the Company
with securities regulators. 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.
