American Creek Resources (TSXV: AMK)
Reported that their JV partner, Tudor Gold, has announced that two additional drill rigs have arrived at Treaty Creek, located in the heart of the Golden Triangle, Northwestern British Columbia.
Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold’s KSM Project, 3 miles away.
|TSX.v : AMK|
|C$82 m @ 20.5c|
|Golden Triangle, British Columbia, Canada|
AMERICAN CREEK ANNOUNCES EXPANSION OF DRILLING ON THE GOLDSTORM DEPOSIT WITH FOUR DRILL RIGS AT TREATY CREEK IN BC’S GOLDEN TRIANGLE
Cardston, Alberta–(Newsfile Corp. – June 8, 2021) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) is pleased that their JV partner, Tudor Gold, has announced that two additional drill rigs have arrived at Treaty Creek (the “Project”), located in the heart of the Golden Triangle, Northwestern British Columbia.
Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold’s KSM Project, located five kilometres to the southwest. Excellent progress has been made during the first two weeks of drilling on the fully funded 30,000 metre, Phase l exploration program (the “Program”). This deposit delineation and property exploration program will utilize up to six drills.
Sulphurets Hydrothermal System
American Creek Management Comments
“We were very excited to see drilling resume at Treaty Creek a couple of weeks ago and now the addition of two more drills this early in the season. For the last two years, Ken Konkin has consistently met or exceeded Tudor’s goals and objectives and this year is proving to be no exception. The plans to significantly advance Treaty Creek in 2021 (see details in Tudor’s Corporate Presentation) are right on schedule and we have every confidence in Tudor’s ability to do so.”
Darren Blaney, American Creek Resources CEO
Tudor Gold Management comments
“Despite higher than normal snowpack levels, crews have rapidly advanced the excavation of snow to expose drill sites allowing four diamond drill rigs to begin operations. We plan to prepare pad sites at other targets such as Perfect Storm (PSZ) and Eureka this month and will bring in two additional diamond drill rigs.
“We are excited about drilling these promising new targets, however, the priority of our exploration program is to define the limits of the Goldstorm Deposit, as it currently remains open to expansion in all directions and at depth.
“In addition to potentially adding new gold equivalent (AuEq) ounces to the resource we will attempt to convert as much of the 7.9 million AuEq ounces of Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million AuEq ounces.
“Concurrent with the drilling program, environmental base-line studies continue, including our water-sampling programs and installation of a weather monitoring station near our lower exploration camp.
“Tudor Gold Corp. and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas.
“Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers.”
Tudor Gold’s VP of Exploration and Project Development, Ken Konkin
“I am very pleased with the safe start-up of the 2021 exploration program at our flagship Treaty Creek Project thanks to the hard work and perseverance of our crew members. We look forward to increasing the pace and performance of this year’s Program by expanding the number of drilling rigs at the Treaty Creek property.
“This start will help us complete the required drilling necessary to potentially expand and update the current resource estimate. The goal is to complete an updated Resource Estimate for the Goldstorm Deposit in 2022. We feel confident this will allow us to advance the Project with a Preliminary Economic Assessment study planned for 2022.”
Walter Storm, President and CEO, Tudor Gold
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