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American Creek $AMK.ca Reports That #TreatyCreek JV Drill Program is Well on Its Way to Defining a #Gold Resource

Posted by AGORACOM-JC at 9:31 AM on Monday, October 16th, 2017

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  • Darren Blaney, CEO of American Creek, stated the following in response to the Tudor news:
  • These first holes from Tudor’s Copper Belle resources estimate drill program look very promising.
  • Of significance is hole CB-17-07 which intersected a 369 meter interval of gold mineralization;
  • included a 43.5 meter interval of 1.81 g/t gold with 11.88 g/t silver and 0.142 % copper.
  • This early discovery of higher grade gold with associated copper within the porphyry system is very encouraging.”

American Creek Resources Ltd. (TSX-V:AMK) (“American Creek”) (“the Corporation”) is very pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has released results for the first four holes drilled on the Copper Belle zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171016005508/en/

October 16, 2017 09:00 AM Eastern Daylight Time

CALGARY, Alberta –American Creek Resources Ltd. (TSX-V:AMK) (“American Creek”) (“the Corporation”) is very pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has released results for the first four holes drilled on the Copper Belle zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.

Tudor reported the following:

Tudor Gold Extends Gold Zone at Treaty Creek to Over One Kilometer

Tudor Gold Corp. (TSX.V: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to report on the results of the first four holes of the Copper Belle zone and on the completion of the resource delineation program for the Copper Belle zone of the Treaty Creek property.

The Copper Belle resource delineation drill program was completed with 27 holes to depths below 700 meters and with step outs of 50 meters where it was possible. Over 13,722 meters of drilling was completed in the Copper Belle zone in 2017.

CB-17-04, the first step-out hole drilled this year on the Copper Belle zone, intersected 176.2 meters of continuous mineralization which returned 0.80 g/T Au from 152.1 to 328.5 meters depth. Hole CB-17-04 was collared 40 meters north of CB-16-03 where topography permitted. Complete results are pending for the remaining 23 holes.

Drill results for the first four Copper Belle holes at Treaty Creek are summarized in the table below:

Click to view drill hole map

Results from subsequent drill holes from the 2017 drill program at Copper Belle are still pending. Drill holes targeted the mineralized zone on Copper Belle and all holes to date have intersected long intervals of mineralization to depth. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. The drill program was designed for approximately 50 meter step-outs across the mineralized zone to create a block of delineated mineralization for a preliminary resource estimate. All drill holes were down hole surveyed at 25 m stations using a Reflex Multi-shot device.

The Copper Belle resource estimate will use data from 27 holes from 2017, three holes from 2016, 17 holes from 2009 and 10 holes from 2007, for a total of 22,970 meters drilled. These drill holes cover an area of approximately 250 meters wide by a kilometer long. Copper Belle zone mineralization is open in all directions and to depth.

The HC drill program consisted of 17 drill holes totalling 5,401 meters that tested the mineralized strata-bound structure for a strike length of 400 meters and 400 meters down dip (still open at depth), and the vein system remains open to the north, south and at depth. The program was designed with a maximum of 50 meter step-outs in the mineralized zone to prepare for a preliminary resource estimate in this area. Assay results are pending for the remaining holes.

The Company is very pleased to report that the magnetotelluric geophysical survey program (“MT Survey”) that was implemented in 2016 has been effectively utilized as a guide for the 2017 drill program. The MT Survey suggests that the mineralization continues to the south, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor Gold’s 2017 drill program is located five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it can determine a relationship between the two areas.

Walter Storm, President and CEO, stated: “We are very pleased with these early drill results at Copper Belle because they demonstrate both grade, continuity and the immense size of this pervasively mineralized system. Two major faults control the mineralization which strikes southwest-northeast and dips to the northwest. Our exploration team is effectively following the mineralization using 50 meter step-outs, which will help ensure we have the data density for our planned mineral resource estimates.”

The Qualified Person for the Treaty Creek results in this news release is James McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Darren Blaney, CEO of American Creek, stated the following in response to the Tudor news: “These first holes from Tudor’s Copper Belle resources estimate drill program look very promising. Of significance is hole CB-17-07 which intersected a 369 meter interval of gold mineralization which included a 43.5 meter interval of 1.81 g/t gold with 11.88 g/t silver and 0.142 % copper. This early discovery of higher grade gold with associated copper within the porphyry system is very encouraging.”

A summary of the Treaty Creek project can be viewed here: http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. 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).

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: info@americancreek.com. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171016005508/en/

American Creek Resources Ltd.
Kelvin Burton, 403 752-4040
info@americancreek.com

American Creek $AMK.ca Reports That JV Partner Tudor Gold $TUD.ca Has Produced Numerous Intercepts of High Grade #Gold and #Silver in Preliminary Drilling on New HC Zone at Treaty Creek

Posted by AGORACOM-JC at 8:26 AM on Friday, September 15th, 2017

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  • Tudor Gold Corp. has encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project
  • Immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project
  • Hosts a precious-metal-rich, polymetallic, volcanogenic massive sulphide and sulphosalt (VHMS) mineralized system

American Creek Resources Ltd. (TSX-V:AMK) (“American Creek”) is pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.

The new HC zone shares geological characteristics similar and unique to the famous Eskay Creek deposit located approximately 12 km to the northwest.

Tudor reported the following:

“The HC mineralized zone of the HC deposit within the GR2 claim block on Tudor Gold Corp.’s 60-per-cent-owned Treaty Creek project, located in the Golden Triangle in British Columbia, hosts a precious-metal-rich, polymetallic, volcanogenic massive sulphide and sulphosalt (VHMS) mineralized system.

Walter Storm, president and chief executive officer, stated: “We are very pleased with the results so far. We were attracted to the Treaty Creek project by the clear potential for extensive mineralized zones on our claims, and the results from the HC zone within the GR2 claim block have exceeded our expectations. We look forward to the completion of a resource estimate on the HC zone and a resource estimate on the Copper Belle project, which is also well under way.”

The HC zone appears to be a complete precious-metal-rich VHMS deposit in which the feeder vein system, the vent structures and the sulphides in a restricted sedimentary basin had been intersected. All three zones of the HC deposit carry elevated values of gold. The feeder vein system also carries elevated silver and base metal (lead, zinc and copper) content.

The HC zone shows elevated concentrations of gold, silver and antimony sulphosalts hosted between a pervasively sericite-pyrite-chlorite altered volcaniclastic sequence (bimodal mafic-felsic affinity) and restricted sedimentary basins where mudstones host sulphide mineralization underlying stockwork base metal and precious metal veins. These characteristics are similar and unique to the nearby Eskay Creek deposit. The highest-grade and most continuous precious metal mineralization within the HC zone occurs as an apparent stratabound zone at the contact of the footwall mudstone and the hydrothermally altered volcaniclastic sequence. This is interpreted as being the product of a mineralizing growth-graben fault, proximal to felsic flows, ash tuffs and felsic conglomerates.

During the continuing 2017 season, Tudor Gold has drilled 13 holes in the vicinity of and to the north of the nine holes drilled in 2007 and 11 holes in 2009 by American Creek Resources. Together, these 33 holes have produced consistent geology demonstrating the continuity of the feeder vein system, the vent structure and the sedimentary basin within the area bounded by these holes (assays received up to HC-17-07; awaiting assays on all remaining 2017 holes).

The holes drilled by Tudor Gold and American Creek Resources cover approximately 400 metres along strike and 450 metres down dip at 50-metre space increments in the direction of the main mineralized structure. Historical surface sampling carried out by previous operators to both the north and south of the HC zone indicates that the main mineralized structure extends at least for 3,000 metres along strike. The entire 3,000-metre mineralized structure that hosts the HC zone remains open to the north, south beyond the existing drill holes and down dip.

ASSAY RESULTS:

1. The Feeder Vein System: It is comprised of discordant veins hosted mainly in pervasively sericite-pyrite-chlorite altered volcaniclastic sequence. Two types of veins are recognized: silver dominant Mn-rich carbonates and sulphides (semi-massive yellow to light brown zoned sphalerite, galena, pyrite and minor chalcopyrite can add to >50% of the veins) and gold dominant chalcedonic quartz veins. Textures include those more typical of the epithermal suite (banded, crustiform, breccia/vein).

Table 1. Assay results feeder vein system

Hole ID From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
HC-17-01 170.35 170.8 0.45 6.4 29.1
HC-17-02 256.65 257.45 0.8 4.53 55.1
and 258.3 259 0.7 6.16 59.4
HC-17-03 395.35 397.3 1.95 10.97
including 395.35 395.9 0.55 14.30
and 395.9 396.8 0.9 3.48 16.9
and 396.8 397.3 0.5 20.80 548
and 435.3 435.8 0.5 33.80
HC-17-04 261.4 261.95 0.55 2.65 234
and 283.1 283.55 0.75 0.21 359
and 283.85 284.9 1.05 0.79 316
HC-17-05 203.05 203.95 0.9 11 13.8
HC-17-07 143.45 147.2 3.75 6.22
including 143.45 144 0.55 5.13 30.6
and 145.9 147.2 1.3 13.3 87

True thickness of the different mineralized intervals still to be determined.

2. The Vent Structure: It is comprised of silica flooded and altered mudstone and volcanic conglomerates along with breccias and semi-massive sulphide replacements. Several stages of silica can be recognized cementing and replacing successive events of brecciation. Silica alteration occurs as silicification and chalcedonic silica, usually gray to bluish in color, obliterating previous textures. Pyrite and Sb-sulphosalts are the dominant sulphides as veinlets, stringers and semi-massive replacements. Stibnite, galena, sphalerite and arsenopyrite are also common in veinlets and disseminations.

Table 2. Assay results vent system

Hole ID From
(m)
To
(m)
Interval
(m)
Au
(g/t)
HC-17-01 247.3 247.8 0.5 2.58
and 247.8 248.35 0.55 5.52
HC-17-04 345.4 345.85 0.45 2.03
and 345.85 346.3 0.45 11.1
HC-17-05 203.05 203.95 0.9 11

True thickness of the different mineralized intervals still to be determined.

3. The Sulphides in Sedimentary Basins: Fine grained pyrite and Sb-sulphosalts have been identified as finely laminated sedimentary beds and patchy pyrite/quartz replacements within mudstones/siltstones in the proximity of the venting structures intersected in core, particularly around holes HC-17-01, 04, 05, 08, 10, 11 and 12 (as per visual inspection of the drill core). The mineralization appears to be hosted in the immediate contact of the underlying footwall mudstone unit and the upper altered volcaniclastic sequence.

Table 3. Assay results sulphides in mudstone host.

Hole ID From
(m)
To
(m)
Interval
(m)
Au
(g/t)
HC-17-01 249.35 250.35 1 4.7
and 250.35 251.35 1 10.2
and 251.35 252.35 1 4.59
and 252.35 252.85 0.5 14.6
and 252.85 253.75 0.9 12.6
and 253.75 254.45 0.7 2.13
HC-17-04 346.6 346.95 0.35 5.17
and 346.95 347.35 0.4 8.91
and 347.35 348 0.65 4.42
and 348 348.6 0.6 16.5
and 348.6 349.3 0.7 14.4
and 349.3 350 0.7 5.41
HC-17-05 203.95 205.5 1.55 0.807
and 205.5 207 1.5 0.787
and 207 208.55 1.55 1.98

True thickness of the different mineralized intervals still to be determined.

Darren Blaney, President and CEO of American Creek stated: “This new HC zone northern extension of the GR2 is a bonus that we weren’t expecting. We are very encouraged by the remarkably similar characteristics of the HC to the Eskay Creek deposit located to the northwest of us. Although still very preliminary, the drill results thus far have shown great promise for the future discovery potential of this portion of the extensive Treaty Creek property. Three drills are presently turning on the property with the objective being to define a gold resource on both the Copper Belle and GR2 zones.”

The Qualified Person for the 2017 Treaty Creek project field season, the geological content of this news release, and for the purposes of National Instrument 43-101 is Raul Sanabria, MSc, P.Geo, EurGeol.

A summary of the Treaty Creek project can be viewed here: http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. 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).

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, Red Tusk and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: info@americancreek.com. 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.

 

American Creek Resources Ltd.
Kelvin Burton, 403-752-4040
info@americancreek.com

Did you know American Creek’s $AMK.ca Treaty Creek is adjacent to and part of the same system as Seabridge $SEA.ca $SA KSM Project?

Posted by AGORACOM-JC at 3:33 PM on Thursday, September 14th, 2017

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Tudor Has Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More

View Presentation

 

INTERVIEW: American Creek Discusses New Intersections of Mineralization Grading 5.1 Meters of 9.57 G/T Gold $AMK.ca

Posted by AGORACOM-JC at 11:56 AM on Thursday, August 10th, 2017

American Creek Announces That JV Partner Tudor Gold Has Retained Jeff Kyba, P. Geo. $AMK.ca

Posted by AGORACOM-JC at 9:14 AM on Tuesday, January 24th, 2017

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  • Retained the services of Mr. Jeff Kyba, P. Geo., to provide advice and direction on the exploration and development of Tudor’s mineral claims in the “Golden Triangle” near Stewart, British Columbia
  • Brings a wealth of personal knowledge about the mineralization and potential of this geologically rich area. 

CARDSTON, ALBERTA–( Jan. 24, 2017) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that Tudor Gold Corp. (“Tudor”) has retained the services of Mr. Jeff Kyba, P. Geo., to provide advice and direction on the exploration and development of Tudor’s mineral claims in the “Golden Triangle” near Stewart, British Columbia.

Mr. Kyba has worked with both the British Columbia Geological Survey and the British Columbia Ministry of Mines as the Regional Geologist for the Skeena Mining District, BC’s busiest district which includes the “Golden Triangle”. He brings a wealth of personal knowledge about the mineralization and potential of this geologically rich area.

Mr. Kyba is best known for his work with the British Columbia Geological Survey where, together with a fellow geologist, he carried out one of the most important and influential studies of the geology of the “Golden Triangle”. That study resulted in the publishing of the foremost report on the Treaty Glacier south to Stewart portion of the “Golden Triangle” titled Structural and stratigraphic control of porphyry and related mineralization in the Treaty Glacier – KSM – Brucejack – Stewart trend of western Stikinia. They formed the opinion that this trend, which encompasses both Tudor/American Creek joint ventures, the Treaty Creek and Electrum projects, “is one of the most productive and promising in northwestern British Columbia.”

Walter Storm, President and CEO of Tudor Gold, stated: “We see it as a great advantage to have Mr. Kyba involved in our exploration program. At Tudor Gold we rely on the best people and the most technologically advanced exploration methods we can employ. Mr. Kyba will fit right in.”

Darren Blaney, American Creek CEO stated: “We are thrilled with this new development of Mr. Kyba now being involved in advancing our joint venture projects with Tudor. We have referenced his geological study work several times in the past. To now have him personally join in the effort adds both credibility and significant further discovery potential to our projects. We are very much looking forward to the upcoming 2017 exploration programs.”

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

American Creek Reports on Treaty Creek JV Drill Results – 338m of 0.70 g/t gold $AMK.ca

Posted by AGORACOM-JC at 9:06 AM on Friday, October 28th, 2016
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  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Significantly, included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters (from 304 to 426 meters) of 0.965 g/t gold
American Creek Reports on Treaty Creek JV Drill Results — Wide Intersections of Gold Mineralization in CB-16-03

CARDSTON, ALBERTA–(Oct. 28, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that Tudor Gold Corp. (“Tudor”) has released the assays for the remainder of hole CB-16-03, a newly discovered gold zone at the Treaty Creek JV Project located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same region as Pretivm’s Brucejack project.

Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters. Significantly, included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold (from 88 meters to 426 meters) which included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters (from 304 to 426 meters) of 0.965 g/t gold. The drill hole terminated at 717.7 meters in mineralization with the final 13.7 meters averaging 0.315 g/t Au.

The 338 meter intersection of near surface 0.70 g/t gold in hole CB-16-03 represents the best mineralized intersection discovered to date at Treaty Creek. The hole is located approximately 870 meters northeast of drill hole CB-09-14, which returned 241 meters averaging 0.80 g/t gold.

Walter Storm, CEO and President of Tudor Gold stated: “The complete results from CB-16-03 confirm our belief that Treaty Creek holds the potential to host significant gold mineralization and validates our exploration model. To date, we have successfully hit gold mineralization down to 717 meters downhole and have encountered nearer to surface gold mineralization like the 1.12 grams gold per tonne over 54 meters starting at 88 meters downhole, which opens up the targeted area.”

Drill Hole CB-16-03 was drilled at an azimuth of 292º with an inclination of -73º and was collared approximately 550 meters northeast of the nearest of the Copper Belle zone drill holes CB-09-11 which carried 229m of 0.52 g/t gold from 40m to 270 m, CB-09-10 which carried 212m of 0.47 g/t gold from 119m to 331 m and CB-09-06 which carried 65.3m of 0.84 g/t gold. The new gold intercept encountered in CB-16-03 may represent a new mineralized zone or could possibly be an extension of the previously known Copper Belle Zone. Further work will be required in order to investigate the continuity between these areas. The casing has been left in place so the hole may be re-entered and extended if desired. All intervals are down hole widths as there is not enough information to calculate true widths of the mineralization encountered in any of the holes.

Hole CB-16-03 was drilled to test a geophysical anomaly identified on a preliminary Magnetotelluric (MT) profile along Seabridge Gold’s proposed tunnel route and further defined based on a survey carried out by Simcoe Geoscience Ltd. earlier in the season. Tudor awaits the final results of the MT survey.

Tudor previously released partial assay results from hole CB-16-03 (316 to 717.7 meters downhole), along with complete assays for drill holes CB-16-01 and CB-16-02 in Tudor’s news release dated October 11, 2016. In total, eight holes were drilled on the property for a total of 3,765 meters during the 2016 field season. Assay results are pending for the last five holes.

The Treaty Creek Project is a joint venture between Tudor, American Creek and Teuton Resources Corp. (“Teuton”). Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% fully carried interests in the property (carried until a production notice is given).

James Hutter, P.Geo., is the Qualified Person as defined by National Instrument 43-101 for the 2016 Treaty Creek Project and the results reported by Tudor.

Darren Blaney, American Creek CEO stated: “We are very excited about results from the first three 2016 holes on Treaty Creek. Collectively they’ve extended the known mineralization at Copper Belle, found a new gold zone, and extended gold intervals to depth. The first three holes are all in close proximity to the ‘discovery contact’ discussed in the 2014 Kyba/Nelson BC Geological Survey report, to the Sulphurets thrust fault, and to clastic sequencing (Turbidites) found on Treaty Creek. According to the report, these three things in combination increase the chances of ‘being in the right neighborhood of BC’s next big deposit.’ We believe the results thus far at Treaty Creek are the beginning of that discovery process.”

American Creek is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver properties within the Province of British Columbia, Canada.

In addition to the Treaty Creek project, the Corporation holds interests in the following “Golden Triangle” properties:

Electrum property

The Electrum property is located approximately 45 km north of Stewart between Pretivm’s Brucejack gold deposit located 25 km to the north and the past producing Premier gold mine 20 km to the south. The Electrum shares similar geology to both the Brucejack and the Premier. The project is a JV between operator Tudor (60%) and American Creek (40%).

Tudor recently concluded a diamond drilling and blast trenching program. Initial trenching results reported by Tudor on Sept 12, 2016 included silver grades up to 30,200 g/t within the New Blast vein system. Further results from the drilling and trenching are pending.

Dunwell mine

American Creek recently acquired a property package which included the historic Dunwell mine (see October 3 news release). The Dunwell mine produced 45,657 tonnes averaging 6.63 g/t gold, 223.91 g/t silver, 1.83 per cent lead, 4.01 per cent zinc and 0.056 per cent copper. Recent drilling has shown potential to develop more reserves.

The 850 hectare property is located 8km north of the town of Stewart and intersects paved Highway 37A. It is adjacent to American Creek’s Silvershot property. The principal Dunwell workings are about 2km east of the highway and are accessible by 4×4 vehicle with travel to the remaining portions of the property by foot. Due to the property being located at low elevation, exploration can take place almost year-round.

Information relating to the Corporation is available on its website at www.americancreek.com.

Cautionary statements

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 potential mineralization and geological merits of the Treaty Creek property and 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.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

American Creek Resources Closes Financing $AMK.ca

Posted by AGORACOM-JC at 4:22 PM on Tuesday, August 30th, 2016

  • Announced that it has closed the second and final tranche of the private placement  previously announced on July 14, 2016. Proceeds of $51,000 were raised in the second tranche through the sale of 127,500 Units
  • Each $0.40 Unit consisted of three flow-through common shares and one non flow-through common share of the Corporation along with four non-transferrable warrants 

CARDSTON, ALBERTA–(Aug. 30, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“the Corporation”) today announced that it has closed the second and final tranche of the private placement (“the Offering”) previously announced on July 14, 2016. Proceeds of $51,000 were raised in the second tranche through the sale of 127,500 Units.

Each $0.40 Unit consisted of three flow-through common shares (“FT Share”) and one non flow-through common share (“Common Share”) of the Corporation along with four non-transferrable warrants (a “Warrant”). Each Warrant may be exercised for one additional non flow-through common share for a period of 12 months from the closing date of the Offering at a price of $0.15.

Flow-through proceeds will be used for exploration on the Corporation’s Gold Hill, Electrum and other properties. Non flow-through proceeds will be used for general operating and the settling of current debt.

The securities issued in this financing are subject to a statutory four month hold period. This private placement closing is subject to approval by the TSX Venture Exchange.

As previously announced, American Creek recently entered into joint venture agreements with Tudor Gold Corp. (“Tudor”) on its Electrum and Treaty Creek projects located in the Golden Triangle of BC.

An exploration program consisting of trenching and diamond drilling is currently underway at the Electrum property. An extensive magnetotelluric survey has recently been completed at Treaty Creek and raw data collected in the survey is currently being compiled for analysis. A Treaty Creek diamond drilling program is now in progress. Tudor is the operator of both projects.

A field program is also currently underway on the Corporation’s Gold Hill project located east of Cranbrook, BC in the historic gold rush Wild Horse River watershed.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

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.

Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

American Creek Reports That Tudor Gold Corp. Has Expanded the Electrum Property Drill Program $PFN.ca

Posted by AGORACOM-JC at 9:05 AM on Friday, July 22nd, 2016

  • JV partner, Tudor Gold Corp. expanding the previously announced 2016 exploration program on the Electrum Property in the “Golden Triangle” of NW British Columbia 45km north of Stewart
  • American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a 60% interest and American Creek holding a 40% interest in the project.
  • Tudor is the operator

CARDSTON, ALBERTA–(July 22, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that its JV partner, Tudor Gold Corp. (TSX VENTURE:TUD) (“Tudor”) is expanding the previously announced 2016 exploration program on the Electrum Property in the “Golden Triangle” of NW British Columbia 45km north of Stewart.

American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a 60% interest and American Creek holding a 40% interest in the project. Tudor is the operator.

Past work on the property resulted in the discovery of extremely high grade gold, silver and electrum veins on surface and at depth (see American Creek website for details).

The Electrum Project (includes historic East Gold Mine) is located approximately 25km south of Pretivm’s Brucejack Gold Mine, near past operating mines including the Riverside, Scotty Gold, Granduc, Big Missouri and Silbak-Premier. The Electrum is road accessible and is only 45km from world class concentrate shipping port facilities located in Stewart. Also, a new power line running up the valley beside the Electrum property is now being constructed by Pretivm Resources.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

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.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

American Creek’s JV Partner Begins Trading on TSX Venture Exchange $AMK.ca $TUD.ca

Posted by AGORACOM-JC at 9:40 AM on Thursday, May 12th, 2016

AMK: TSX-V, ACKRF: OTC Pink

  • Announce that Tudor Gold Corp. (“Tudor”), American Creek’s new joint venture partner on both the Treaty Creek and Electrum projects is now trading on the TSX-V under the symbol “TUD”.
  • Entered into two separate JV agreements with Tudor (as announced yesterday) and will receive shares of Tudor as consideration in both agreements.

CARDSTON, ALBERTA–(May 12, 2016) – American Creek Resources Ltd. (“American Creek“) (TSX VENTURE:AMK) is pleased to announce that Tudor Gold Corp. (“Tudor”), American Creek’s new joint venture partner on both the Treaty Creek and Electrum projects is now trading on the TSX-V under the symbol “TUD”.

American Creek entered into two separate JV agreements with Tudor (as announced yesterday) and will receive shares of Tudor as consideration in both agreements. The terms of the two agreements are summarized below:

Pursuant to the first agreement, American Creek will sell an undivided 60% interest in its Electrum property located in NW British Columbia in consideration for 1,000,000 Tudor shares and the payment of $500,000 cash on receipt of all regulatory approvals. Tudor has also agreed to invest $250,000 into American Creek pursuant to a private placement at a price of the greater of $0.08 per share or the discounted market price as defined by Exchange policy. A 60/40 joint venture will be formed and Tudor will be operator of the project.

Pursuant to the second agreement, American Creek will sell an undivided 31% interest in its Treaty Creek property to Tudor in consideration for 500,000 Tudor shares. Tudor has agreed to complete a minimum of $1,000,000 in exploration expenditures on the Treaty Creek property during 2016. A joint venture has been formed with Tudor holding a 60% interest and each of American Creek and Teuton Resources Corp. (“Teuton”) holding a 20% interest in the joint venture. However, both American Creek’s and Teuton’s 20% interests are fully carried during the exploration period until a production notice is given. Thereafter, each will be responsible for 20% of the costs under and subject to the terms of the joint venture.

American Creek wishes to further define and clarify the term “fully carried” as it pertains to the Treaty Creek Project JV Agreement. “Fully carried” means that American Creek will not have to expend exploration funds to advance the Treaty Creek project through the exploration phase up until the point that a production notice is given by the operator. This means that American Creek will not need to raise exploration capital for the project and therefore will not need to suffer further dilution related to the exploration advancement of the project.

Tudor is arm’s length to American Creek. These transactions are subject to TSX-V approval.

Darren Blaney, President & CEO, stated: “We are pleased that Tudor Gold Corp. has received regulatory approval to begin trading. With Walter Storm’s past track record of success, in particular with Osisko Mining Corp., we have the utmost confidence in both his ability and vision for the advancement of the Treaty Creek and Electrum properties. We are very much looking forward to working together.

The Electrum property is located in the “Golden Triangle” of NW British Columbia and encompasses the historic past producing East Gold Mine. The property is road accessible and is only 45 km from recently upgraded concentrate shipping port facilities located in Stewart. The East Gold Mine produced extremely high grades of gold, silver and electrum in the past.

The Treaty Creek property is also located in the “Golden Triangle” immediately adjacent to Seabridge’s KSM project and near Pretivm’s Snowfield/Valley of the Kings deposits. The Treaty Creek property lies within the same broad hydrothermal system that generated the several deposits on the Seabridge and Pretivm properties that lie south of the Treaty Creek claims.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada. Further information relating to American Creek is available on its website at www.americancreek.com.

Information related to the Corporation can also be found on the American Creek investor hub profile page at www.agoracom.com.

Darren Blaney, CEO & Director

This press release was prepared by management who takes full responsibility for its contents. 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.

Cautionary Statements

This news release may contain forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Company’s management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Company’s profile on www.sedar.com. The Company does not assume any obligation to update any forward-looking statements.

American Creek Resources Ltd.
Kelvin Burton
403 752-4040