- 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.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/682/45504_bf09ebc354f12a73_001full.jpg
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
