Posted by AGORACOM
at 1:37 PM on Friday, June 21st, 2019
US $ Gold price touched a 5-year peak at $1400 as the US Fed signalled a rate cut, pressuring U.S. Treasury yields and the dollar.
This is the highest gold has been since March 17, 2014 at $1,386.38
Continued Central Bank accumulation of physical gold represents fundamental floor for market as a weakening US dollar accelerates Central Bank demand. Purchases rose 130% in the 4th quarter, and 2018 purchases came in at 650 tons
Trade wars ( China ) and Geopolitical conflicts ( Iran )
Dearth of exploration discovery leads to future supply deficits
Technical factors support higher long term gold prices and renewal of bull market
Higher prices make marginal projects economic
Exploration becomes a renewed focus to supply future demand
Joint Venture with Tudor Gold and
a 20% FULLY CARRIED INTEREST until a production notice is given. The last hole
drilled intersected 563.8m of 0.98 g/t gold and remains open. The 2019 program
is designed to drill well over one billion tonnes of rock and produce a
multi-million-oz gold deposit incorporating an open pit design and with higher
gold grades and remarkably better logistics than Seabridge’s adjoining KSM. Click
here for the Treaty Creek JV Highlights
Advance Gold is focused on its
100% interest in the Tabasquena Silver Mine in Zacatecas, Mexico. Drilling in
the first 3 phases identified a cluster of 30 mineralized epithermal veins over
an area from east to west of approximately 300 metres, and north to south 400
metres, and 300 metres of depth. Advance plans to focus deeper to find the
boiling zone of the system and potentially economic mineralization. AAX
recently created a 3D model of the vein Tabasquena system.
GGX gold has discovered high grade gold silver and tellurium in the Greenwood-Republic mining camp, British Columbia. The current 2019 drill program follows up on 2018 intercept of high grade gold-silver (129 g/t gold and 1,154 g/t silver over 7.28 meter) from the near surface COD vein which is projected to be 1.5 kms in length. In addition tellurium grades were announced with “up to 3,860 g/t telluriumâ€, including “823 g/t tellurium over 7.28-meter core length†and “640 g/t tellurium over 6.90-meter core length. 2019 drilling on COD North is currently underway.
Great Atlantic is situated between Marathon Gold and Sokoman in Canada’s
newest emerging gold district. The Company reported a NI 43-101mineral
resource estimate for the JMZ in late 2018 on Golden Promise and 2019 is
focussed on prospecting and geochemical sampling at high priority targets
within the property. Planned 24 hole program in the northern half of the
property at the gold-bearing Jaclyn Zone, specifically at the Jaclyn Main Zone
(JMZ) and Jaclyn North Zone (JNZ).
Lead by Shawn Ryan and Roger Moss, LAB has 2
district scale Greenfield Gold projects in Labrador that have never seen any
modern exploration techniques. Ashuanipi and Hopedale are being systematically
explored for gold potential following the same techniques that created the
White Gold discoveries. At Ashuanipi , a
15km long by 2 to 6 km wide north-south trend exists and a second 14 km long by
2 to 4 km wide east-west trend are the focus of 2019 exploration.
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 10:58 AM on Thursday, June 13th, 2019
Barrick Gold Corporation has made a takeover offer for Acacia Mining plc
The takeover offer and its effect on the Kakamega joint venture project between Acacia and Advance Gold are not yet understood
The Kakamega joint venture project is owned 85.37% by Acacia and 14.63% by Advance Gold
New licenses for the joint venture project were issued and exploration program is underway post rainy season
Kakamega – The Rosterman Mine
Acacia Exploration Kenya Ltd. (“Acaciaâ€) has 85.47% equity in the
Kakamega Project, which comprises the Rosterman, Burkura, and Sigalagala
Projects in Kenya, East Africa.
Rosterman SL267: The most northerly of the three
licences hosts the historic Rosterman mine, which is reported to have
produced in excess of 250,000oz Au at average grade in excess of 13g/t. Click Click here for map
Bukura SL265 and Sigalagala SL266: The southern licences host numerous significant historical colonial mines and areas of active artisanal mining. Click here for map
About Advance Gold Corp. (TSXV: AAX)
Advance Gold is a TSX-V listed junior exploration company focused on
acquiring and exploring mineral properties containing precious metals.
The Company acquired a 100% interest in the Tabasquena Silver Mine in
and the Venaditas project in Zacatecas state. Advance Gold also holds a
14.63% interest in the Kakamega project held by Acacia Mining (63% owned
by Barrick Gold Corporation)
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:
Posted by AGORACOM
at 7:59 PM on Saturday, June 1st, 2019
Barrick Gold Corporation has made a takeover offer for Acacia Mining plc
The takeover offer and its effect on the Kakamega joint venture project between Acacia and Advance Gold are not yet understood
The Kakamega joint venture project is owned 85.37% by Acacia and 14.63% by Advance Gold
New licenses for the joint venture project were issued and exploration program is underway post rainy season
Kakamega – The Rosterman Mine
Acacia
Exploration Kenya Ltd. (“Acaciaâ€) has 85.47% equity in the Kakamega
Project, which comprises the Rosterman, Burkura, and Sigalagala Projects
in Kenya, East Africa.
Rosterman SL267: The most northerly
of the three licences hosts the historic Rosterman mine, which is
reported to have produced in excess of 250,000oz Au at average grade in
excess of 13g/t. Click Click here for map
Bukura SL265 and Sigalagala SL266: The southern licences host numerous significant historical colonial mines and areas of active artisanal mining. Click here for map
About Advance Gold Corp. (TSXV: AAX)
Advance Gold is a TSX-V listed junior exploration company focused on
acquiring and exploring mineral properties containing precious metals.
The Company acquired a 100% interest in the Tabasquena Silver Mine in
and the Venaditas project in Zacatecas state. Advance Gold also holds a
14.63% interest in the Kakamega project held by Acacia Mining (63%
owned by Barrick Gold Corporation)
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:
