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
Posted by AGORACOM
at 11:37 AM on Wednesday, May 15th, 2019
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
Posted by AGORACOM
at 10:54 AM on Tuesday, April 9th, 2019
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
Posted by AGORACOM
at 10:21 AM on Wednesday, March 13th, 2019
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
Posted by AGORACOM
at 9:26 AM on Tuesday, March 12th, 2019
Cardston, Alberta–(Newsfile Corp. – March 12, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“American Creek”) (the “Company”) is pleased to report on
the RAISE at the PDAC: 1X1 Small-Cap Resource Conference, the Red Cloud
2019 Pre-PDAC Mining Showcase, as well as the Prospectors and Developers
Association of Canada (PDAC) annual conference.
The RAISE at
the PDAC: 1X1 Small-Cap Resource Conference was an exclusive event for
investors and finance individuals who invest in resource stocks to meet
one-on-one with companies throughout the day in a series of meetings and
presentations. American Creek met with a steady flow of high net worth
individuals, brokers, and fund managers throughout the day.
The
Red Cloud 2019 Pre-PDAC Mining Showcase was a sold-out event with some
500 investors attending the conference where American Creek had a booth
and also did a “Dragons Den” style presentation to a panel of important
industry financial representatives. Red Cloud is a big supporter of
exploration companies operating in the Golden Triangle region of BC and
American Creek has had recent discussions with Red Cloud management
regarding working together going forward.
Darren Blaney and Kelvin Burton of American Creek Resources at various conferenced in Toronto To view an enhanced version of this graphic, please visit:https://orders.newsfilecorp.com/files/682/43357_742a7d7cb4e10bc0_001full.jpg The
PDAC conference had over 25,000 people attend even though they charged
daily admission for the first time. American Creek had a very busy
booth and was also invited to give a corporate presentation at the
conference.
There were two
noticeable differences observed by Company representatives at the PDAC
conference this year. One was a palpable excitement in general for
precious metals, more particularly gold and silver. The overall
sentiment amongst “the experts” giving presentations and the investors
we interacted with was one of optimism and expectations for a rise in
both gold and silver prices as the year progresses.
The
second, and of particular significance to American Creek, was the
impressive amount of exposure and recognition that B.C.’s Golden
Triangle has achieved. Exploration in that region now equals the rest
of the province put together. The experts, analysts and letter writers
were all talking about it, and most people who we interacted with knew
about or were planning to invest in Golden Triangle companies and
projects. It appears that a new Golden Triangle “gold rush” may be in
the making. As American Creek has operated in the Golden Triangle region
for almost 15 years and has three noteworthy projects there, we are
well positioned to benefit from this building excitement.
Having
the Treaty Creek JV property with a fully carried interest next to the
Brucejack/Valley of Kings (VOK) mine (Pretivm) and the largest
undeveloped gold deposit in the world by reserves (Seabridge) with
similar geology, geophysics and structure positions American Creek for
potential significant growth.
Investors
were impressed with and excited about 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. Many shareholders were able to talk with
Mr. Konkin at the PDAC conference. In discussions with Mr. Konkin, the
three items concerning the Treaty Creek project that he is most excited
about are:
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.
Generally
speaking, 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 our 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.
Investors
were also excited to learn that American Creek owns 100% of the former
operating high-grade Dunwell mine located just 8km from the shipping
port in Stewart, B.C., with highway and power lines running through it.
The Bear River valley is quickly becoming a hotbed of activity
including many recent mergers and acquisitions and our Dunwell property
has the richest historical grades and production in the valley. There
is also now an opportunity to provide a nearby soon to open mine with
mill feed from the Dunwell. In addition to investor interest, we
presently have serious interest in the project from several different
companies. American Creek is planning on commencing drilling at the
Dunwell project within the next 90 days. The objective of that program
will be to confirm that under the old workings there are additional
significant high-grade extensions of the previously mined gold/silver
ore body.
As mentioned in our previous
release, American Creek granted Tudor an additional extension for the
previously announced option to buy out the Corporation’s 40% interest in
the Electrum Project Joint Venture located near Stewart, British
Columbia. Tudor paid American Creek a non-refundable payment of $50,000
upon entering the original agreement. If the option is exercised by
Tudor, a further payment of $2,650,000 will be made to American Creek on
or before April 15, 2019.
The
combination of American Creek working on the Dunwell while its JV
partner develops Treaty Creek, and either receiving an additional
$2,650,00 or retaining 40% of the Electrum property puts American Creek
in one of the strongest positions in the Golden Triangle, which didn’t
go unrecognized by both analysts and investors alike.Gold Hill Project Update The 100% owned Gold Hill
project is located in the Boulder Creek drainage, a tributary of the
Wildhorse River east of Fort Steele, British Columbia and is a potential
source of the downstream placer gold responsible for Canada’s 4th largest gold rush.
A
preliminary drill program consisting of approximately 2,000 meters of
drilling in four holes on two sections was recently concluded on the
property. The objective of the program was to get our first initial look
at underground geological structure as prior to this time, no drilling
had ever been conducted on the property. Information from this
preliminary program will be utilized to model and plan future
exploration on a wider scale. Assay results are pending.About American Creek
American Creek holds 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 9:17 AM on Friday, February 1st, 2019
JV partner Tudor Gold announced the designation of a new gold zone at Treaty Creek which has been named “Goldstorm”
The mineralization encountered to the northeast of Copper Belle has different characteristics, configuration and geometry.
“Goldstorm is a much larger system than Copper Belle at 300m wide and extends vertically for over 700m
Gold appears to be continuing towards the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold
Cardston, Alberta–(Newsfile Corp. – February 1, 2019) – American Creek Resources Ltd.
(TSXV: AMK) (“the Corporation”) today reports that JV partner Tudor
Gold announced the designation of a new gold zone at Treaty Creek which
has been named “Goldstorm”. It was previously thought that gold
mineralization identified by drilling northeast of the Copper Belle Zone
was simply a northeast extension of that same zone, but after
evaluating drill hole data from holes completed in 2016, 2017 and 2018,
it appears that the mineralization encountered to the northeast of
Copper Belle has different characteristics, configuration and geometry.
While it is unclear whether the zones are genetically linked, these
zones are physically separate. The surface drill hole location map at
the end of this news release shows the location of both gold zones.
Tudor
Gold Exploration Manager, Ken Konkin explains: “Goldstorm is a much
larger system than Copper Belle, it is at least 300m wide and extends
vertically for over 700m. The zone has been traced for approximately 500
meters along a northeastern azimuth. Gold mineralization appears to be
continuing towards the northeast and southeast and clearly becomes
stronger in the northernmost hole, CB18-39 which returned 563.8 meters
of 0.981 grams per tonne gold. The upper portion of CB18-39 averaged
1.141 gpt gold over 280.5 meters and a lower zone in the same hole
averaged 1.154 grams per tonne gold over 156 meters. This hole bottomed
in mineralization and we will look at the option of re-entering the hole
this year in attempts to extend the mineralization deeper. But the
primary focus will be to extend the Goldstorm Zone along strike to the
northeast and to the southeast as well.
Over the coming months,
we hope to gain a better understanding of aspects that control gold
mineralization. Re-examination of drill hole information has revealed
the presence of a northwest dipping thrust fault that appears to define
the upper contact of the Goldstorm system. The relationship of this
fault to the formation of the mineral zone is an aspect of further
study, as are the various styles of sulphide mineralization,
silicification and alteration. Compilation and evaluation of this data
will help in planning for the drilling campaign to be undertaken in the
up-coming exploration season.”
The following table gives gold
composite values over broad intervals from four drill hole sections that
cut the Goldstorm Zone, incorporating results from diamond drill holes
completed during 2016, 2017 and 2018. Low-grade gold mineralization
occurs as a broad envelope which contains a horizon of stronger gold
mineralization in the upper portion of the system. Furthermore, the
drill hole sections demonstrate what appears to be the presence of a
second, lower gold horizon. The corresponding sections 108+00 NE, 109+00
NE, 110+00 NE and 111+00 NE are displayed at the end of this news
release.
Table I: Sections 108+00NE, 109+00NE, 110+00NE and 111+00NE Gold Composites
* All assay values are uncut and intervals reflect drilled intercept lengths. * True widths of the mineralization have not been determined.
QA/QC
In
2016 and 2017, drill core samples were prepared and analyzed at
Activation Laboratories Ltd. in Kamloops, BC. In 2018, drill core
samples were prepared ALS Global’s Preparation Laboratory in Terrace, BC
and assayed at ALS Global’s Geochemical Laboratory in North Vancouver,
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 and ALS Global Laboratories quality systems comply with the
requirements for the International Standards ISO 17025: 2005.
QP
The
Qualified Person for this new 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.
Treaty Creek Joint Venture
The
Treaty Creek Project is a joint venture between Tudor Gold, 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).
For more information about Treaty Creek click here.
About American Creek
American
Creek is a 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 recently completed a preliminary exploration program, including 2,000 meters of drilling, on its 100% owned Gold Hill project located in the Wild Horse River watershed of SE British Columbia. Assay results are pending.
The
Corporation also holds the 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
Neither
the TSX Venture Exchange nor its Regulation Services Provider (as that
term is defined in the policies of the TSX Venture Exchange) accepts
responsibility for the adequacy or accuracy of this release.
Cautionary Statements 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 including, without limitation, statements relating to the
Goldstorm Zone as well as any 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. Important factors that could cause actual results to differ
materially from the Corporation’s plans or expectations include risks
relating to the actual results of current exploration activities,
fluctuating gold prices, possibility of equipment breakdowns and delays,
exploration cost overruns, availability of capital and financing,
general economic, market or business conditions, regulatory changes,
timeliness of government or regulatory approvals and other risks
detailed herein and from time to time in the filings made by the
Corporation with securities regulators. The Corporation expressly
disclaims any intention or obligation to update or revise any
forward-looking statements whether as a result of new information,
future events or otherwise except as otherwise required by applicable
securities legislation.
Tags: #CopperBelle, #Discovery, #Tudor, gold, Seabridge Posted in American Creek Resources Ltd. | Comments Off on American Creek Reports That JV Partner Tudor Gold Confirmed the Presence of a Substantial New Gold Zone at the Treaty Creek Project, Golden Triangle $AMK.ca $TUE.ca $SEA.ca
