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 9:58 AM on Wednesday, June 5th, 2019
A newly discovered gold zone on Treaty Creek in BC’s Golden Triangle
has potential to become a world class multi-million-ounce open pit gold
resource with higher gold grades and considerably better logistics than
Seabridge’s adjoining KSM deposits (the largest undeveloped Gold deposit
in the world by reserves). This new zone which already holds potential
for millions of close to surface ounces prior to the soon to commence
2019 drill program is called the Goldstorm!
American Creek Resources (“AMKâ€) holds a Joint Venture with Tudor
Gold (operator) whose CEO, Walter Storm, was an integral part of
Osisko’s development and sale of its Canadian Malartic gold mine ($3.9
billion). AMK holds a 20% FULLY CARRIED INTEREST (free ride) meaning
AMK is not required to contribute toward exploration and development
until a production notice is given.
Ken Konkin, former head geologist for Pretivm who developed the
nearby high-grade Brucejack mine (production in 2017), was recently
retained to head the geological team at Treaty Creek as he knows the
Sulphurets Hydrothermal System (which hosts Treaty Creek – Goldstorm,
KSM, and the Brucejack) intimately. His objective of developing an open
pit gold mine with excellent logistics is a huge game changer and has
the potential to make the Goldstorm at Treaty Creek one of the most
sought-after properties in Canada.
A new report on the potential of the Goldstorm is required reading
for all AMK shareholders and potential investors (click image below):
A major Goldstorm drill program designed to
reveal just how massive this newly discovered deposit may be will be
underway shortly. The initial phase of the 2019 Treaty Creek drill
program can be viewed here (click image below):
Once you’ve read the report and watched the video, we ask that you then do two things:
Phone our office (403-752-4040) and ask questions to help you
understand the incredible potential with the new developments and
direction that’s being taken.
Share this email with your friends and associates. If you have a
broker…send it to him. If you follow an analyst or industry letter
writer…send it to them.
Thank you for taking the time to review this important document and we look forward to discussing with you on the phone soon!
If you are new to American Creek Resources you can also view the company presentation below:
If for some reason the links on the images did not work you can use the following URLs:
The Hopedale property covers much of the Hunt River and Florence Lake
greenstone belts that stretch over 80 km. The belts are typical of
greenstone belts around the world but have been under-explored by
comparison. Initial work by Labrador Gold during 2017 show gold
anomalies in soils and lake sediments over a 3 kilometre section of the
northern portion of the Florence Lake greenstone belt in the vicinity
of the known Thurber Dog gold showing where grab samples assayed up to
7.8g/t gold. In addition, anomalous gold in soil and lake sediment
samples occur over approximately 40 kilometres along the southern
section of the greenstone belt (see news release dated January 25th 2018
for more details). Labrador Gold now controls approximately 57km
strike length of the Florence Lake Greenstone Belt.
Ashuanipi
The
Ashuanipi gold project is located just 35 km from the historical iron
ore mining community of Schefferville, which is linked by rail to the
port of Sept Iles, Quebec in the south. The claim blocks cover large
lake sediment gold anomalies that, with the exception of local
prospecting, have not seen a systematic modern day exploration program.
Results of the 2017 reconnaissance exploration program following up the
lake sediment anomalies show gold anomalies in soils and lake sediments
over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and
over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The
anomalies appear to be broadly associated with magnetic highs and do not
show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies
Posted by AGORACOM
at 11:16 AM on Friday, May 31st, 2019
A newly discovered gold zone on Treaty Creek in BC’s Golden Triangle
has potential to become a world class multi-million-ounce open pit gold
resource with higher gold grades and considerably better logistics than
Seabridge’s adjoining KSM deposits (the largest undeveloped Gold deposit
in the world by reserves). This new zone which already holds potential
for millions of close to surface ounces prior to the soon to commence
2019 drill program is called the Goldstorm!
American Creek Resources (“AMKâ€) holds a Joint Venture with Tudor
Gold (operator) whose CEO, Walter Storm, was an integral part of
Osisko’s development and sale of its Canadian Malartic gold mine ($3.9
billion). AMK holds a 20% FULLY CARRIED INTEREST (free ride) meaning
AMK is not required to contribute toward exploration and development
until a production notice is given.
Ken Konkin, former head geologist for Pretivm who developed the
nearby high-grade Brucejack mine (production in 2017), was recently
retained to head the geological team at Treaty Creek as he knows the
Sulphurets Hydrothermal System (which hosts Treaty Creek – Goldstorm,
KSM, and the Brucejack) intimately. His objective of developing an open
pit gold mine with excellent logistics is a huge game changer and has
the potential to make the Goldstorm at Treaty Creek one of the most
sought-after properties in Canada.
A new report on the potential of the Goldstorm is required reading
for all AMK shareholders and potential investors (click image below):
A major Goldstorm drill program designed to
reveal just how massive this newly discovered deposit may be will be
underway shortly. The initial phase of the 2019 Treaty Creek drill
program can be viewed here (click image below):
Once you’ve read the report and watched the video, we ask that you then do two things:
Phone our office (403-752-4040) and ask questions to help you
understand the incredible potential with the new developments and
direction that’s being taken.
Share this email with your friends and associates. If you have a
broker…send it to him. If you follow an analyst or industry letter
writer…send it to them.
Thank you for taking the time to review this important document and we look forward to discussing with you on the phone soon!
If you are new to American Creek Resources you can also view the company presentation below:
If for some reason the links on the images did not work you can use the following URLs:
The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been under-explored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake Greenstone Belt.
Ashuanipi
The
Ashuanipi gold project is located just 35 km from the historical iron
ore mining community of Schefferville, which is linked by rail to the
port of Sept Iles, Quebec in the south. The claim blocks cover large
lake sediment gold anomalies that, with the exception of local
prospecting, have not seen a systematic modern day exploration program.
Results of the 2017 reconnaissance exploration program following up the
lake sediment anomalies show gold anomalies in soils and lake sediments
over a 15 kilometre long by 2 to 6 kilometre wide north-south trend and
over a 14 kilometre long by 2 to 4 kilometre wide east-west trend. The
anomalies appear to be broadly associated with magnetic highs and do not
show any correlation with specific rock types on a regional scale (see news release dated January 18th 2018). This suggests a possible structural control on the localization of the gold anomalies
Posted by AGORACOM
at 8:20 AM on Thursday, May 23rd, 2019
Fast Tracking Exploration at Treaty Creek
American Creek has operated in the Golden Triangle region for 15 years and has three noteworthy projects.
Ken Konkin (former head geologist for Pretivm and instrumental
in the discovery and development of the Brucejack / VOK mine) now
heading our JV partner Tudor Gold’s geological team to develop Treaty
Creek.
The geology, geophysics and structure are showing
potential for similar scale to the rest of the Sulphurets Hydrothermal
System, and the drilling to date is confirming
The string of
porphyry related deposits running through the Sulphurets Hydrothermal
system have stronger gold equivalent grades the further north you go.
The Goldstorm deposit on Treaty Creek property is richer in gold and
total gold equivalent than the KSM deposits further to the south
Treaty
Creek is “on the right side of the hill†where there is direct access
to highway 37 and the high-power transmission line making logistics
markedly better than for deposits further south.
The Treaty Creek JV property has a fully carried interest to production
