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INTERVIEW: American Creek $AMK.ca Discusses Multitude of Success on Treaty Creek Drilling with Grades of 337.5m of 0.76 g/t, Including 124.5 m of 0.98 g/t #Gold $SEA $SA $SKE.ca $TUD.ca $PVG
Posted by
at 8:33 AM on Friday, January 26th, 2018
INTERVIEW: $HPQ.ca Receives 100% Access to Private Properties with Strong Local Support For Beauce Gold Field Project
Posted by
at 4:08 PM on Thursday, January 25th, 2018
$HPQ.ca Beauce #Gold Field Project Granted 100% Access to Private Properties on Strong Local Support
Posted by
at 9:34 AM on Thursday, January 25th, 2018
- Company has successfully completed its first social acceptability campaign in the municipality of St-Simon-Les-Mines in the Beauce region of Quebec
- As per Article 65 of Quebec’s new mining law
- HPQ required written permission from 24 individual private property owners, representing 32 different real estate lots, before being allowed access to their property to complete last year’s geophysics exploration program
- HPQ launched and executed a successful awareness program in the area, obtaining the required written permission from all the private property owners.
MONTREAL, QUEBEC–(Jan. 25, 2018) – HPQ Silicon Resources Inc (“HPQ”)Â (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that the company has successfully completed its first social acceptability campaign in the municipality of St-Simon-Les-Mines in the Beauce region of Quebec.
HIGH SOCIAL ACCEPTABILITY: 100% ACCESS TO PRIVATE PROPERTY GRANTED
As per Article 65 of Quebec’s new mining law, HPQ required written permission from 24 individual private property owners, representing 32 different real estate lots, before being allowed access to their property to complete last year’s geophysics exploration program and plan further mineral exploration work on the claims held by HPQ subsidiary, Beauce Gold Field Inc.
HPQ launched and executed a successful awareness program in the area, obtaining the required written permission from all the private property owners.
Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Uptaining 100% access is a testament to the social acceptability of the project and represents another milestone in the advancement of the Beauce Gold Field Inc spin out. Without social acceptability, completing the Spin out could have been compromised. Patrick Levasseur and his team did an incredible job presenting the potential benefits of the project to the local community.”
SUCCESSFUL TOWN HALL MEETING
In addition to one-on-one meetings with the 24 property owners, HPQ held a town hall meeting in Saint Simon-Les Mine on November 16, 2017. Over 70 local residents attended the “Chalet des Loisirs” to listen to HPQ President, Patrick Levasseur, speak for nearly three hours about the Company’s Beauce Gold Field project, answering questions and fully addressing peoples concerns.
A photo accompanying this announcement is available at http://www.marketwire.com/library/20180125-891_Fig.jpg
Geologist Marc Richer-Laflèche and Louis-François Rinfret of the ¨Institut National de Recherches Scientifiques” (INRS) were also present to answer questions from attendees.
Mr. Levasseur’s presentation covered the town’s rich historical heritage as the site of Canada’s first gold rush and that, over one hundred years ago, it was the site of major placer gold mining activity. He explained that the company’s exploration main goal was locating the bedrock gold source of the historical placer gold deposits.
HPQ would like to take this opportunity to thank the Mayor of St-Simon-les-Mines, Mr. Martin St-Laurent, the town General Manager Mrs. Caroline Poulin and all the town’s people that came to out meeting. HPQ encourages all residents with further questions to contact Mr. Levasseur.
Patrick Levasseur of HPQ Silicon stated, “Its wonderful that the people of St-Simon-les-Mine share our enthusiasm for gold. We are grateful for their support and we are committed to include the community as we advance towards our goal of discovering a gold deposit”
About Beauce Gold Fields
Beauce Gold Fields Inc (BGF) is a wholly owned subsidiary of HPQ Silicon. HPQ is in the process of “Spinning Out” Beauce Gold Fields into a new publicly trading junior gold company which will apply for listing soon.
The Beauce Gold Fields project is a unique, historically prolific gold property located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 152 claims 100% owned by HPQ, the project area hosts a six kilometer long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries. The property was also hosts numerous historical gold mines that were active from 1860s to the 1960s.
A Beauce Gold Fields presentation is available. It can be downloaded via link below
http://www.hpqsilicon.com/wp-content/uploads/2017/07/BGF-Presentation-V-Jul-2017.pdf
This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.
About HPQ Silicon
HPQ Silicon Resources Inc. is a TSX-V listed resource company planning to become a vertically integrated and diversified High Purity, Solar Grade Silicon Metal (SoG Si) producer and a manufacturer of multi and monocrystalline solar cells of the P and N types, required for production of high performance photovoltaic conversion.
HPQ goal is to develop, in collaboration with industry leaders that are experts in their fields of interest, the innovative metallurgical PUREVAP™ “Quartz Reduction Reactors (QRR)” process (patent pending), which will permit production of the highest efficiency SoG Si. The pilot plant equipment that will validate the commercial potential of the process is on schedule for 2018.
Disclaimers:
This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.
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.
Shares outstanding: 191,979,173
HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011
HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com
American Creek $AMK.ca Reports on Treaty Creek Drilling up to 149.1m of 1.78 g/t Gold, Including 59.2m of 2.84 g/t #Gold $SEA $SA $SKE.ca $TUD.ca $PVG
Posted by
at 9:47 AM on Tuesday, January 16th, 2018
- Hole CB-17-26, returned 149.1m grading 1.78 g/t gold (from 97.8 to 246.9m),
- including a 59.2m interval of 2.84 g/t gold (from 97.8 to 157m depth)
American Creek Resources Ltd (TSX-V: AMK) (the “Corporationâ€) is pleased to report on an additional 17 holes from JV partner Tudor Gold’s (“Tudorâ€) 2017 drill program on the Copper Belle zone at the Treaty Creek Project located in the Golden Triangle of northwestern British Columbia.
The summary of results provided in the table below, include the most promising gold intersections reported to date. Hole CB-17-26, returned 149.1m grading 1.78 g/t gold (from 97.8 to 246.9m), including a 59.2m interval of 2.84 g/t gold (from 97.8 to 157m depth). So far, 15 of the 16 holes drilled in the Copper Belle zone contain prominent mineralization, which continues to expand the size of this potential deposit and increases the area of the resource estimate for this zone.
Walter Storm, President and CEO of Tudor Gold, stated: “The outstanding interval of gold mineralization in Hole CB-17-26–149m of 1.78 g/t gold–contains the highest average gold grade yet recorded for porphyry style mineralization on the Treaty Creek property. It also ranks among the top tier, in terms of gold grades, of the hundreds of holes drilled during the past fifteen years into multiple porphyry targets on the adjoining KSM and Brucejack-Snowfield properties of Seabridge Gold and Pretium Resources, part of the same, large hydrothermal “Sulphurets†system. The fact that we have achieved these kinds of grades in only our second year after acquiring Treaty Creek speaks both to the potential of the property and also the expertise of our geological staff. This hole will serve to further guide our exploration at Copper Belle in 2018, as well as the more than 3km of ground yet to be explored between the Copper Belle and the Iron Cap Zone of Seabridge Gold to the south, an area defined by extensive magnetotelluric anomalies.â€
Darren Blaney, President and CEO of American Creek stated: “Hole CB-17-26 is a game changer for the Treaty Creek Project. At this very preliminary stage of exploration, we have already located a significant zone of higher grade gold within the Copper Belle system. Further, the MT Survey suggests that this deposit is open in all directions, including towards Seabridge’s Iron Cap discovery located several kilometers to the south. What a terrific foundation for the upcoming 2018 drill program to expand upon.â€
The Copper Belle 2017 resource delineation drill program comprised 27 holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.
Tudor’s 2016 Magnetotelluric Geophysical Survey program (MT Survey) was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor’s 2017 drill program was 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.
A drill map of the Copper Belle can be found here: https://orders.newsfilecorp.com/files/4494/32005_tudor1enhanced.jpg
The Qualified Person for the Treaty Creek results in this new 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.
Background on the Treaty Creek Project
The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are located in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.
Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this past summer. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.
Seabridge Gold’s proposed development plan for their KSM Project includes an access tunnel system through the Treaty Creek property as a key component. The Copper Belle and GR2 deposits located on the Treaty Creek property are both situated in the area in which Seabridge is proposing to construct tunnels connecting their KSM gold deposits with critical infrastructure such as the mill and tailings facilities.
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 (American Creek and Teuton are not required to contribute to their proportionate costs until a production notice is given).
A summary of the Treaty Creek Project can be viewed here:
http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf
About American Creek
American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. 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: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
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 Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation 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. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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/20180116005777/en/
American Creek Resources Ltd
Kelvin Burton, 403-752-4040
[email protected]
www.americancreek.com
American Creek Resources $AMK.ca Reports 90.5m of 1.21 g/t #Gold at Treaty Creek, Including 70.5m of 1.47 g/t Gold $SEA $SA $SKE.ca $TUD.ca $PVG
Posted by
at 7:21 AM on Wednesday, January 10th, 2018
- Mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth,
- Including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m
Cardston, AB – American Creek Resources Ltd. (TSX.V: AMK) (the “Corporationâ€) is pleased to report on results from its 2017 drill program on the Copper Belle zone of the Company’s Treaty Creek property located in B.C.’s Golden Triangle adjacent to Seabridge’s KSM project and Pretivm’s Brucejack mine.
CB-17-12, a step-out hole drilled on the Copper Belle zone, intersected various mineralized zones where the most significant was 90.5m of continuous mineralization grading 1.21 g/tonne gold from 24 to 114.5m depth, including a higher-grade intercept of 70.5m grading 1.47 g/t gold from 31.5 to 102m. Hole CB-17-12 was a 564m hole that was collared adjacent to the west side of Treaty glacier where ice ablation (glacier melt-back) has exposed new opportunities for exploration access. Hole CB 17-12 is 110m south of CB-16-03 that graded 58m from 88 to 146m of 1.11 g/t Au; and 122m from 304 to 426m of 0.97 g/t Au. Hole CB 16-03 was drilled uphill at a higher elevation (see map link).
Drill results for hole CB-17-12 are summarized in the table below:
Darren Blaney, President and CEO, stated: “CB-17-12 shows a continuance of significant mineralization found in the numerous holes released so far. The fact that holes on Copper Belle have excellent results, extend over a one-kilometer range, have continuity between, and are open to the north and south, makes this a very significant system. This is emphasized by the fact that it, along with the high grade GR2/HC zone, are located within the same hydrothermal system as the world class KSM deposits and the Brucejack mine. We look forward to the remaining assays and planned resource calculation(s) on the Treaty Creek projectâ€.   Â
The Copper Belle 2017 resource delineation program comprised 27 drill holes to depths below 700m (an estimated 13,722m) and step-outs of 50m where topography permitted. Results from additional drill holes of the 2017 drill program at Copper Belle are still pending. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. A block of delineated mineralization will form the basis for a preliminary resource estimate. All drill holes were down hole surveyed at 25m stations using a Reflex Multi-shot device.
The Magnetotelluric Geophysical Survey program (MT Survey) completed on the property in 2016 was effectively utilized as a guide for the drill program. The MT Survey suggests that the mineralization continues to the southwest toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone is open along strike and at depth. Tudor Gold’s 2017 drill program was located just 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 confirms a relationship between the two areas.
Location map of the drill holes on the Copper Belle
https://orders.newsfilecorp.com/files/4494/31840_a1515513337318_39.jpg
Drill hole samples were assayed by Activation Laboratories Ltd. in Kamloops, 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 quality system complies with the requirements for the International Standards ISO 17025: 2005.
The Qualified Person for the Treaty Creek results in this new release is James A. 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.
Background on the Treaty Creek Project
The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are situated in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.
In 2017 Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property. The objective of the drill program was to define a gold resource on the Copper Belle zone and to determine the future potential of the high-grade gold/silver/zinc GR2 zone located in a separate area adjacent to the Copper Belle.
Seabridge Gold’s proposed development plan for their KSM Project includes an access tunnel system through the Treaty Creek property as a key component. The approximate trajectory of the tunnels can be found on the drill map link above.
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 (American Creek and Teuton are not required to contribute to their proportionate costs until a production notice is given).
A summary of the Treaty Creek Project can be viewed here:
http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf
About American Creek
American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the recently acquired 100% owned past producing Dunwell Mine. 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: [email protected]. Information relating to the Corporation is available on its website at www.americancreek.com
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 Corporation’s current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.
All statements other than statements of historical fact included in this release, including, without limitation, statements regarding potential mineralization and geological merits of the Treaty Creek Project and other future plans, objectives or expectations of the Corporation 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. Forward-looking statements are based on a number of material factors and assumptions. Important factors that could cause actual results to differ materially from the Corporation’s expectations include actual exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same, and other exploration or other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual actions, events or results to differ from those described in forward-looking statements, there may be other factors that cause such actions, events or results to differ materially from those anticipated. There can be no assurance that forward-looking statements will prove to be accurate and accordingly readers are cautioned not to place undue reliance on forward-looking statements.
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.
GGX Gold Extends Drilling Targets 600 Meters
Posted by
at 6:26 AM on Wednesday, January 10th, 2018
-
- Soil sample analytical results from the 2017 fall program on the Gold Drop Property
- Conducted in the Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein
- A total of 334 soil samples were collected along 31 soil lines. These lines were spaced 25m apart
Gold Drop Property, Greenwood British Columbia
Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX) (the “Company†or “GGXâ€) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold.
To view the graphic in its original size, please click here
A total of 334 soil samples were collected during the program and submitted to ALS Minerals in North Vancouver for gold and multi-element analysis. The samples were screened to 180 micron. Gold analysis was by aqua regia extraction with ICP-MS finish. Multi-element analysis was by aqua regia extraction and ICP-MS and ICP-AES. Soil samples were collected along 31 soil lines. These lines were spaced 25m apart with a 25m sample interval. The soil lines were of varying lengths but on average 250m long.
The soil sampling program identified several soil gold anomalies in the Southwest Zone, including numerous samples exceeding 0.01 ppm Au (including high values of 0.061, 0.073 and 0.088 ppm Au). The most distinct anomaly or anomalies is in the COD North area, where anomalous values are concentrated between two historical workings. The soil sampling program extended the target area for at least 600 meters northeast of the area of 2017 drilling and trenching. The Company is planning follow up work in this area in 2018 including a trenching program. The program also identified other gold anomalies near the new COD adit and northeast of the COD trenches.
The soil sampling program in the Gold Drop Southwest Zone helped identify a new vein exposure in a small, 2 meter deep historic adit 175 meters north of the C.O.D. trench. The adit is driven on a North-south striking quartz vein that is on strike with the C.O.D. Vein, and appears to be of the same style as the Detonia/Jewel quartz vein. Another vein exposure north of the trench was also located by hand pitting on local quartz float. Bedrock quartz samples from the small hand pit material returned values of 4.97 g/t Au and 30.7 g/t Ag. Samples of boulder material found outside of the small adit returned values of 1.28 g/t Au and 6.97 g/t Ag. (News Release of Nov 8, 2017).
To view the graphic in its original size, please click here
To view the graphic in its original size, please click here
David Martin, P.Geo., a Qualified Person as defined by NI 43-101 and consultant for GGX, is responsible for the technical information contained in this News Release.
On Behalf of the Board of Directors,
Barry Brown, Director
604-488-3900
Investor Relations:
Mr. Jack Singh: 604-720-6598    E-mail: [email protected]
“ We don’t have to do this, we get to do this â€Â
The Crew
#Gold Has Best Year Since 2010 With Near 14% Gain In 2017 #Mining $AMK.ca $EXS.ca $MQR.ca $GGX.ca $GR.ca $GZD.ca
Posted by
at 2:00 PM on Wednesday, January 3rd, 2018
- Gold posted second straight annual gain in USD in 2017
- Gold in 2017: up 13.6% USD, up 2.7% GBP, down 1.4% EUR
- 2017 is gold’s best year since 29.5% gain in 2010
- Strong performance despite rate hikes and stock bubble
- India’s gold imports surged 67% in 2017, Turkish, Chinese demand strong
- Gold finished 2017 with longest rally since June 2016
- 2018: Currency War and The Year of the Phoenix?
Gold waved a very positive goodbye to 2017 and was delighted to shout ‘Happy New Year!’ to all investors. In doing so, gold bullion prices advanced for an eighth session yesterday, extending its longest stretch of gains since mid-2011.
This was the perfect start to a new year which followed an annual surge of nearly 14%. 2017 is the second year of gains for gold. In 2016 it posted 14% gains, its best gains since the 29.5% gain in 2010.
Gold bullion’s stellar advance is even more impressive when one considers the extremely mixed year that was 2017. It ranged from Federal Reserve rate hikes to rapidly advancing stock markets. The year’s events were like a tug-of-war on the drivers of the gold price.
Gold: bad or good?
2017 on paper perhaps should not have seen a 14% gain in the gold price.
There was an acceleration in global economic growth as countries began to keep pace with one another. Much to Trump’s delight official figures showed the U.S. economy performed well. Not only did the the unemployment rate touch a record low, but inflation also remained subdued.
Meanwhile the Fed hiked interest rates three times, something many believed would be the kryptonite to gold’s superhuman strength.
Investments that are often seen to as alternatives to gold performed exceedingly well. The U.S. stock market continued its record-breaking rally, while bitcoin and other cryptocurrencies experienced what can only be described as a bubblicious and parabolic rise in the last few weeks of 2017.
And, right at the last minute the Republicans managed to pass a very dodgy looking tax bill, prompting Trump to peacock around even more.
Following Trump’s election there had been high hopes for the price of gold. After all, here was a man who had been elected without political experience and on the back of creating social and economic divisions. However, following Trump’s inauguration there was a post-election sell-off at the start of the year. Many were clearly feeling positive about Trump’s impact on both the domestic and international stage.
As various unexpected scenarios played out, from failure to get much done in the White House to sober-rattling with North Korea, the precious metal began to climb. Towards the end of summer, in early-September the gold price hit a year-high of $1346/oz. It then quickly sold off.
Whilst the yellow metal finished the year with a respectable run of gains, the final figures did not match those of say, the S&P 500 which climbed by over 19% in the same year.
Does this mean that relatively speaking the gold price is something we shouldn’t be delighted with? Not at all. The year of 2017 was one of arguably bearish events for the price of gold yet it still made near 14% gains, better than money in a savings account.
This second year of climbing by gold should serve as a timely reminder that the precious metal is not something that will be poked and prodded thanks to short-term, unsustainable economic and political events. Gold investment is for the long-term and there is little benefit thinking that one event will affect the reasons to hold gold.
All of the ‘positives’ of 2017 such as low inflation, Fed hikes and tax bills being passed arguably came about because of farcical economic readings and political manoeuvring. None of the statistics or decisions made as a result are sustainable, particularly against a background of increasing geopolitical risk. The gold price reflected this, particularly in its reactions to what should have been bearish Fed-rate hikes.
It is safe to say that in 2018 gold will be sent significantly higher thanks to ongoing US dollar weakness, higher debt and deficits,  stronger growth combined with potential wage inflation, coming together in a perfect storm with geopolitical risks.
One of the key reasons for gold’s 14% climb in USD terms is thanks to the weakness in the US Dollar itself. There was a strong correlation between the gold price and the greenback in 2017. It’s also worth mentioning that the level of yield of the inflation-protected 10-year Treasuries at the end of the year was similar to the level at the beginning of the year (about 0.5 percent). People do not want the global reserve currency anymore.
2018: The year of the Phoenix?
Nearly 30 years ago The Economist predicted that 2018 would be the year of a new currency uprising. You have to give the magazine some kudos for this prediction. Given what we saw in 2017 with both the rise in bitcoin, cryptocurrencies generally and, of course, efforts by Russia and China to build financial allegiances away from the US dollar, a new world currency in 2018 is more likely than not.
That’s right, whilst the financial media can talk as much as they like about how great 2017 turned out to be, there were plenty of events behind the mainstream wall that were clearly preparing for a financial world where decisions of the last decade come back to bite us.
Moves by Russia and China to step away from US dollar hegemony continued and rapidly progressed in 2017. This forthcoming year does not suggest any sign of let up. Much of the moves away from the US dollar involve the use of gold as the intermediary currency. Exchanges and trade agreements are in full swing.
We also cannot mention 2017 without bitcoin. This was the year that the lead cryptocurrency truly arrived and established itself in the minds of the establishment.
As we have explained several times, bitcoin is not a substitute for gold. It has attracted a lot of hot money in the last year, but long-term this is not to the detriment of gold.
The upward trajectory of bitcoin places it firmly in bubble territory. This is good for gold, as Walter Otstott, a senior broker at Dallas Commodity Co. explained to Bloomberg. ‘If 2017’s hottest asset comes crashing back to Earth, speculative money may be drawn back into gold…He sees gold peaking at $1,600 an ounce next year, compared with the price on Friday of about $1,297.’
Our own experts also see great things for gold this year, particularly thanks to geopolitical threats by those truly looking to end US-power : North Korea.
GoldCore’s Mark O’Byrne told Bloomberg:
‘Gold could end the year at $1,500 if geopolitics heats up in North Korea or the Middle East.’ This is despite gold’s lack of reaction at the various threats from both Trump and Kim Jong-Un. However, gold loves uncertainty and this is certainty a situation which is dripping in volatile uncertainty.
2018: Will it hold its own against the last two years?
2017 showed us that there is still a show to be played out by governments and central banks. There is still a farce to be seen when it comes to reassuring us about the state of the global economy.
Gold’s price rise and the dollar’s weakness shows that there are question marks over this recovery. Gold may be indicating the reality that very little has changed since the financial crisis. Any ‘fixes’ have been done with a bit of sellotape and little else. We build over the cracks rather than repair them.
Gold investors were rewarded this year for their patience. This is particularly the case given there is seemingly little difference to where we find ourselves today compared to the last two years. Arguably the world is much more uncertain.
2018 is a year not to take chances and to own physical, allocated an segregated gold. The risks in the system are bigger than ever and investors would be wise to take all measures to protect their wealth.
News and Commentary
Gold hits 3-1/2-month highs before dipping on dollar recovery (Reuters.com)
Asian Stocks Extend Advance After U.S. Tech Surge (Bloomberg.com)
Global Manufacturers Strain to Keep Up With Faster Economy (Bloomberg.com)
Gold hits three-month peak after late December rally (Reuters.com)
Silver will fare better than gold in 2018: Goldman Sachs (Rediff.com)
By itself gold could solve Sudan’s economic problems, mining minister says (DabangaSudan.org)
The criminal underwold is dropping bitcoin for another cryptocurrency (Bloomberg.com)
India gold imports surge 67 percent in 2017 on restocking, retail demand – GFMS (Reuters.com)
Turkey’s gold-backed bonds: Government in quest for hidden treasures (Nikkei.com)
Nomi Prins: The Next Financial Crisis Will Be Worse Than the Last One (ZeroHedge.com)
Gold Prices (LBMA AM)
03 Jan: USD 1,314.60, GBP 968.20 & EUR 1,092.96 per ounce
02 Jan: USD 1,312.80, GBP 968.85 & EUR 1,087.52 per ounce
29 Dec: USD 1,296.50, GBP 960.84 & EUR 1,082.45 per ounce
28 Dec: USD 1,291.60, GBP 960.43 & EUR 1,082.75 per ounce
27 Dec: USD 1,285.40, GBP 958.78 & EUR 1,081.54 per ounce
22 Dec: USD 1,268.05, GBP 947.74 & EUR 1,069.85 per ounce
21 Dec: USD 1,265.85, GBP 945.97 & EUR 1,065.09 per ounce
Silver Prices (LBMA)
03 Jan: USD 17.12, GBP 12.63 & EUR 14.25 per ounce
02 Jan: USD 17.06, GBP 12.59 & EUR 14.15 per ounce
29 Dec: USD 16.87, GBP 12.48 & EUR 14.07 per ounce
28 Dec: USD 16.74, GBP 12.46 & EUR 14.02 per ounce
27 Dec: USD 16.50, GBP 12.30 & EUR 13.87 per ounce
22 Dec: USD 16.18, GBP 12.08 & EUR 13.65 per ounce
21 Dec: USD 16.15, GBP 12.08 & EUR 13.61 per ounce
Source: http://news.goldseek.com/GoldSeek/1514986020.php
AMERICAN CREEK REPORTS ON TREATY CREEK – COPPER BELLE HOLE CB-17-24 WHICH INTERSECTED 115.5 M OF 1.31 G/T GOLD INCLUDING 39 M OF 2.38 G/T GOLD $SEA $SA $SKE.ca $TUD.ca $PVG
Posted by
at 9:01 AM on Thursday, December 14th, 2017
- Final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project.
- HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization
- 115.5m of 1.31 G/T Gold Including 39m of 2.38 G/T Gold
American Creek Resources Ltd. has provided information on Tudor Gold’s final results for the 2017 exploration season from the GR2/HC zone of the Treaty Creek project. The Treaty Creek project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings mine, both of which are situated in British Columbia’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.
The HC extension of the GR2 zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization. The HC drill program augmented the previous drill holes in the zone and consisted of 17 drill holes totalling 5,401 metres in 2017. The program was designed with a maximum of 50-metre stepouts in the mineralized zone to prepare for a preliminary resource estimate.
The GR2/HC zone appears to be a gold-rich volcanic-hosted massive sulphide deposit in which the feeder vein system and the stratabound lenses have been intersected. A later silver (lead-zinc-antimony-copper) vein system was also found reactivating some of the previous structures in the same area where the HC extension is located. These veins are late in the formation and are hosted in the volcaniclastic sequence or in the younger Jurassic Hazelton sequence, crosscutting (and reactivating) previous HC related feeder vein system and HC stratabound lenses. The RR Ag-base metal vein holes are collared 800 metres north of the HC zone, following the same structure.
Thirty-six drill holes have been drilled to date in the GR2/HC, covering an area approximately 400 m along strike and 450 m down dip at 50 m space increments that show consistent geology and which demonstrate the distribution and continuity of the feeder vein system, the stratabound zone and the late silver-base metal vein system. Historical surface sampling carried out by previous operators to both the north and south of the GR2/HC zone indicates that the main mineralized structure potentially extends 3,000 m along strike. The mineralized structure remains open to the north and south beyond the existing drill holes, and down dip.
Significant drill results are summarized in the attached tables (all distance measurements reported in metres).
HC ZONE
Hole From To Interval* Au g/t Ag g/t
HC-17-09 79.05 81.05 2 12.21
including 79.05 79.95 0.9 10.5 8.3
including 79.95 80.6 0.65 11.7 15.2
including 80.6 81.05 0.45 16.4 68.5
and 81.05 81.6 0.55 0.399 8.6
and 81.6 82.4 0.8 1.71 5.2
HC-17-11 221.15 230 9.7 4.89
including 222.7 224.5 1.8 10.27
including 221.1 222.15 1.05 3.17 11
222.15 222.7 0.55 0.24 3.7
222.7 223.1 0.4 9.48 6.3
223.1 223.5 0.4 9.14 7.2
223.5 224 0.5 3.48 9.8
224 224.5 0.5 18.6 11
224.5 225 0.5 2.96 7.9
225 225.5 0.5 1.12 6.3
225.5 226.25 0.75 4.16 19.3
226.25 227.15 0.9 8.9 9.4
227.15 227.75 0.6 3.42 5.9
227.75 229.15 1.4 2.23 6.9
229.15 230 0.85 1.6 6.2
230 230.8 0.8 7.27 9.3
230.8 231.9 1.1 0.518 3.9
231.9 233 1.1 2.93 8.9
233 233.9 0.9 1.71 4.7
HC-17-13 306.7 316.1 9.4 4.25
including 306.7 311.35 4.65 5.81
including 306.7 307.5 0.8 4.84 12.9
307.5 308.5 1 6.42 10.9
308.5 309.5 1 1.34 9.6
309.5 310.5 1 11.9 19.4
310.5 311.35 0.85 4.08 10.9
311.35 312.35 1 1.06 10.8
312.35 312.95 0.6 1.55 12.3
312.95 313.45 0.5 3.6 9
313.45 313.8 0.35 4.58 5.2
313.8 314.15 0.35 0.882 4.8
314.15 314.75 0.6 7.65 20.8
314.75 315.2 0.45 1.59 8.4
315.2 315.45 0.25 0.184 5.1
315.45 316.1 0.65 2.91 2.5
HC-17-15 290.7 291.4 0.7 7.86 21.1
and 298.6 300.1 1.5 4.03
including 298.6 299.1 0.5 3
299.1 299.4 0.3 6.58
299.4 300.1 0.7 3.68
HC-17-16 306.9 307.4 0.5 1.28
and 307.4 308.3 0.9 6.77
HC FEEDER VEINS
Hole From To Interval* Au g/t Ag g/t AuEq** (g/t)
HC-17-10 274.8 275.6 0.8 6.42 5.136
and 275.6 276.3 0.7 4.05 2.835
HC-17-11 181.35 182.75 1.4 10.44 15.96
including 181.35 182.25 0.9 11.8 31.2
and 182.25 182.75 0.5 7.99 433
HC-17-17 94.95 95.85 0.9 5.7
and 380.6 381.75 1.15 8.17
HC AG (BASE METAL) VEINS
Hole From To Interval* Au g/t Ag g/t AuEq** (g/t)
HC-17-08 38.2 38.5 0.3 10.7 151 12.62
and 91.55 91.8 0.25 14.5 530 21.25
and 98.2 98.6 0.4 5.18 6.2
and 100.1 100.5 0.4 0.529 4730 60.81
HC-17-09 87.8 88.4 0.6 1.14 1190 16.31
and 143.4 146.25 2.85 1.01 1,118.35 15.26
including 143.4 144.05 0.65 0.552 1730 14.69
and 144.05 144.65 0.6 0.082 78 0.65
and 144.65 146.25 1.6 1.54 1260 28.16
HC-17-13 206 207 1 1.27 647.8 9.53
including 206 206.6 0.6 1.2 731 10.52
including 206.6 207 0.4 1.38 523 8.05
and 207 207.55 0.55 0.486 75.8
and 207.55 208.2 0.65 0.381 247 3.53
and 208.2 208.95 0.75 0.182 79
and 208.95 209.5 0.55 0.43 314 4.43
and 216.65 218.85 1.65 5.4 123.56 9.42
including 216.65 217.1 0.45 3.33 132 5.01
including 217.1 217.8 0.7 10.5 298 14.30
including 217.8 218.3 0.5 0.746 7.7 0.84
including 218.3 218.85 0.55 4.84 28.1 5.20
HC-17-16 100 100.95 0.95 1.39 157 3.39
and 205.1 205.5 0.4 0.785 425 6.20
and 221.3 221.5 0.2 0.042 300 3.87
and 275.3 276 0.7 0.492 105 1.83
and 276 277 1 0.498 176 2.74
HC-17-17 222.9 223.85 0.95 2.38 122 3.93
and 228.35 229 0.65 0.672 68.3 1.54
and 299 233.6 4.6 1.09 417.51 6.41
including 229 229.45 0.45 0.58 314 4.58
including 229.45 230.3 0.85 1.12 864 12.13
including 230.3 230.85 0.55 0.602 107 1.97
including 230.85 231.2 0.35 0.637 234 3.62
including 231.2 231.65 0.45 0.891 14.8 1.08
including 231.65 232.4 0.75 3.11 3 3.15
including 232.4 233.6 1.2 0.422 746 9.93
RR AG-BASE METAL VEINS
Hole From To Interval* Ag g/t
RR-17-03 41.3 42 0.7 119
and 48 48.8 0.8 544
and 57 57.6 0.6 206
and 62 63 1 166
RR-17-04 6 7 1 399
and 7 8 1 339
* True thickness of all above mineralized
intervals still to be determined.
** AuEq calculated assuming Au $1,275 (U.S.)
per ounce and Ag $16 (U.S.) per oz.
Note that only precious metals were reported on.
Darren Blaney, chief executive officer of American Creek, stated: “The discovery of the new HC extension is a very welcome bonus to this year’s Treaty Creek drill program. The GR2/HC system appears to have potential to be very extensive, which would add significant value to the adjoining Copper Belle bulk tonnage gold zone, which was the main focus of this year’s drill program. A large polymetallic zone with high-grade gold and silver would be a most welcome addition to the project.”
Two thousand seventeen drill results from the Copper Belle gold zone at Treaty Creek are still pending and will be reported on once received.
Background on the Treaty Creek project
Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this summer with the objective of defining a gold resource on the Copper Belle zone.
The Treaty Creek project is a joint venture between Tudor, Teuton Resources Corp. and American Creek. Tudor is the operator and holds a 60-per-cent interest with both American Creek and Teuton each holding respective 20-per-cent carried interests in the property (fully carried until a production notice is given).
Electrum project road completion
The corporation also reports that Tudor Gold recently completed construction of an access road extension on the Electrum project connecting the existing Granduc haul road to the New Blast/Shiny Cliff high-grade gold and silver zones which are the focus of a planned 10,000-ton bulk sample.
In Tudor’s recent news release, Walter Storm, president and chief executive officer, stated: “We are very pleased to have completed this access road, which will now allow us to proceed with a 10,000-ton bulk sample of this high-grade gold/silver mineralized zone, subject to receipt of permits. A bulk sample in combination with past drill results will further our geological understanding and unlock value of this high-grade mineralized system.”
Background on the Electrum property
The Electrum property is a 60:40 joint venture between Tudor Gold (as operator) and American Creek. It is located between the past-producing Silbak-Premier gold mine and British Columbia’s newest gold mine, Pretium’s Valley of the Kings — recently commissioned at a cost of $1-billion and hosting proven and probable reserves of 8.1 million ounces of gold (see Pretium’s website). Within this rich portion of B.C.’s Golden Triangle are several other past-producing mines as well as numerous new projects undergoing exploration.
About American Creek Resources Ltd.
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-per-cent-owned past-producing Dunwell mine. Other properties held throughout B.C. include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King.
American Creek $AMK.ca Reports High-Grade #Gold and #Silver on GR2/HC Zone – up to 4.89 G/T Gold for 9.7 M and 1,118 G/T Silver for 2.85 M – at Treaty Creek Project $SEA $SA $SKE.ca $TUD.ca $PVG
Posted by
at 9:58 AM on Monday, December 11th, 2017
- Reports High-Grade Gold and Silver on GR2/HC Zone
- Up to 4.89 G/T Gold for 9.7 M and 1,118 G/T Silver for 2.85 M
- Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine
American Creek Resources Ltd. (TSX.V: AMK) (the “Corporationâ€) is pleased to report on Tudor Gold’s (“Tudorâ€) final results for the 2017 exploration season from the GR2/HC Zone of the Treaty Creek Project. The Treaty Creek Project is situated immediately north of Seabridge Gold’s KSM property and near Pretium’s Valley of the Kings Mine, both of which are situated in BC’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.
The HC extension of the GR2 Zone was discovered during the 2017 exploration program and carries high-grade gold, silver and base metal mineralization. The HC drill program augmented the previous drill holes in the zone and consisted of 17 drill holes totaling 5,401 meters in 2017. The program was designed with a maximum of 50 metre step-outs in the mineralized zone to prepare for a preliminary resource estimate.
The GR2/HC zone appears to be a gold-rich VHMS deposit in which the feeder vein system and the stratabound lenses have been intersected. A later Ag-(Pb-Zn-Sb-Cu) vein system was also found reactivating some of the previous structures in the same area where the HC extension is located. These veins are late in the formation and are hosted in the volcaniclastic sequence or in the younger Jurassic Hazelton sequence, crosscutting (and reactivating) previous HC related feeder vein system and HC stratabound lenses. The RR Ag-base metal vein holes are collared 800m north of the HC zone, following the same structure.
Thirty-six drill holes have been drilled to date in the GR2/HC, covering an area approximately 400m along strike and 450m down dip at 50m space increments that show consistent geology and which demonstrate the distribution and continuity of the feeder vein system, the strata-bound zone, and the late silver-base metal vein system. Historical surface sampling carried out by previous operators to both the north and south of the GR2/HC zone indicates that the main mineralized structure potentially extends 3,000m along strike. The mineralized structure remains open to the north and south beyond the existing drill holes, and down dip.
Significant drill results are summarized in the tables below (all distance measurements reported in meters).
*True thickness of all above mineralized intervals still to be determined.
**AuEq calculated assuming Au USD$1,275/oz and Ag USD$16/oz.
Note that only precious metals were reported on.
Darren Blaney, CEO of American Creek stated: “The discovery of the new HC extension is a very welcome bonus to this year’s Treaty Creek drill program. The GR2/HC system appears to have potential to be very extensive, which would add significant value to the adjoining Copper Belle bulk tonnage gold zone, which was the main focus of this year’s drill program. A large polymetallic zone with high grade gold and silver would be a most welcome addition to the project.â€
2017 drill results from the Copper Belle gold zone at Treaty Creek are still pending and will be reported on once received.
Background on the Treaty Creek Project
Tudor conducted a major drill program (approximately 20,000 metres) on the Treaty Creek property this summer with the objective of defining a gold resource on the Copper Belle zone.
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).
A summary of the Treaty Creek Project can be viewed here:
http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf
Electrum Project Road Completion
The Corporation also reports that Tudor Gold recently completed construction of an access road extension on the Electrum Project connecting the existing Granduc Haul Road to the New Blast/Shiny Cliff high grade gold and silver zones which are the focus of a planned 10,000 ton bulk sample.
In Tudor’s recent news release, Walter Storm, President and CEO stated, “We are very pleased to have completed this access road, which will now allow us to proceed with a 10,000 ton bulk sample of this high grade gold/silver mineralized zone, subject to receipt of permits. A bulk sample in combination with past drill results will further our geological understanding and unlock value of this high grade mineralized system.”
Background on the Electrum Property
The Electrum property is a 60:40 joint venture between Tudor Gold (as operator) and American Creek. It is located between the past producing Silbak-Premier gold mine and British Columbia’s newest gold mine, Pretium’s Valley of the Kings – recently commissioned at a cost of $1 Billion dollars and hosting proven and probable reserves of 8.1 million ounces of gold (see www.pretivm.com). Within this rich portion of BC’s Golden Triangle are several other past producing mines as well as numerous new projects undergoing exploration.
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. 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: [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.
View source version on businesswire.com: http://www.businesswire.com/news/home/20171211005362/en/
American Creek Resources Ltd.
Kelvin Burton, 403-752-4040
[email protected]
FEATURE: American Creek $AMK.ca encounters high grade Au/Ag at Treaty Creek north of, and in the same system as #Seabridge Gold $SA $SEA.ca KSM project
Posted by
at 2:27 PM on Monday, December 4th, 2017
RECENT HIGHLIGHTS
- Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
- 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
- Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
- 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 of 0.965 g/t gold
- Reports That JV Drill Program is Well on Its Way to Defining a Gold Resource
View Presentation
