American Creek (TSX.V: AMK)
Presented the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek.
The highlight was 0.97 G/T Gold EQ Over 1,320M, Including 1.38 G/T Gold Eq Over 556.5 M, Ending In Strong Mineralizatio. […]
.
| American Creek | TSX.v : AMK |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$91 m @ 21.5c |
| Location | British Columbia, Canada |
.
American Creek Resources – Treaty Creek
.
American Creek’s JV Partner Tudor Gold Intersects 0.97 G/T Gold EQ Over 1,320M, Including 1.38 G/T Gold Eq Over 556.5 M, Ending In Strong Mineralization With 2.34 G/T Gold Eq Over 57M in Step Out hole At Goldstorm Deposit In BC’S Golden Triangle
Cardston, Alberta–(Newsfile Corp. – November 30, 2021) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) is pleased to present the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek (the “Project”), located within the Golden Triangle of Northwest British Columbia.
Included in this press release are the results of seven diamond drill holes that were completed at the Goldstorm Deposit along three section lines spaced 300 meters apart (Sections: 111+00 NE, 114+00 NE and 117+00 NE).
These holes confirm that gold and copper mineralization gain strength in the northern-most set of drill holes, which demonstrates that the Goldstorm System remains very robust and open to expansion to the north.
The Copper Belle-Goldstorm Deposit (CB-GS) currently hosts an estimated Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see Tudor Gold press release dated March 9, 2021).
.
Goldstorm Drilling Highlights include:
SECTION 117+00 NE
- Significantly expanded CS600 domain to depth and to the northwest with GS-21-113-W2, which returned a CS600 intercept of 1.38 g/t AuEq (including 0.49%Cu and 6.27 g/t Ag) over 556.5 m, and contains higher grade mineralization averaging 2.34 g/t AuEq (including 0.71 % Cu and 17.64 g/t Ag) over the last 57.0 m of the hole. The drillers had to abandon the hole at 1,575.0 m, as the drill was at its maximum limit.
- Two pulses of gold mineralization were encountered within the 300H domain in GS-21-113-W2; the upper pulse averaged 1.29 g/t AuEq over 97.0 m, the lower pulse averaged 1.85 g/t AuEq over 69.0 m.
- The strongest mineralization in the northernmost section cutting the 300H domainwas within GS-21-113-W1, which returned 4.07 g/t AuEq over 78.0 m, within 459.0 m of 1.30 g/t AuEq.
- The longest intercept of the Project to-date was from GS-21-113-W2 with 1,320.0 m averaging 0.97 g/t AuEq, which included the 300H and CS600 domains.
.
Tudor Gold / American Creek managament comments
“We are very pleased to report these exceptional drilling results that continue to increase the dimensions of the Goldstorm Deposit, with some of the most impressive goldcopper mineralization observed to-date.
“We have significantly expanded the deposit to the north, northwest and at depth. Drill hole GS-21-113-W2 is the deepest intercept in the Goldstorm system. This hole ended in very strong gold-copper and associated silver mineralization within the CS600 domain.
“Clearly, much more drilling is required to constrain the deposit which appears to have the greatest potential for continued expansion to the northeast and northwest.
“This system has proven to be much larger than we previously expected and, combined with our recent discoveries at Perfect Storm, Eureka and Calm Before the Storm, gives this Project un-paralleled economic potential as one of the largest gold projects in the world.
“We have recently received the final analytical results for our last drill holes and our geologists are working on refining the geological interpretation and completing maps and drill section.
“We expect more news releases to follow shortly.”
Tudor Gold’s Vice President of Exploration and Project Development, Ken Konkin.
.
=======
.
City Investors Circle is based in the financial district in the City of London
We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.
Our audience is selected and invited individually to ensure interest and relevance for the presenting company.
Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.
We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.
If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com
.
=======
,
This website is not sponsored, we are truly independent, and will always remain so.
Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.
All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.
These articles are for awareness and informational purposes only, and are not recommendations in any form. Always consult an investment professional.
Disclosure
At the time of publishing the author holds shares in American Creek bought in the market at the prevailing price on the day of purchase .