American Creek 237.3 m of 1.51 g/t AU EQ

American Creek Resources Ltd. (TSX.V: AMK)

Presented the first set of drill results for Phase l of the 2022 exploration program conducted by Tudor Gold at their Joint Venture project, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.  […] 

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American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$48 m   @ 11c
Location British Columbia, Canada

 

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American Creek

 

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Cardston, Alberta–(Newsfile Corp. – July 13, 2022) –American Creek Resources Ltd. (TSXV: AMK) (“the Corporation” or “American Creek”)is pleased to present the first set of drill results for Phase l of the 2022 exploration program (the “Program“) conducted by Tudor Gold at their Joint Venture project, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones.

Results included in this press release are reported from five diamond drill holes that were drilled on the Goldstorm Deposit from sections 109+50 NE, 116+00 NE, and 117+00 NE. All holes were targeted outside the 2021 Mineral Resource Estimate area (see link: corresponding Goldstorm Deposit plan map and sections).

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SECTION 109+50 NE

  • GS-22-135intersected55.50 meters (m) grading 1.42 g/t  within190.5 m of 0.80 g/t Au EQ. The hole targeted a high-grade intercept from the 2020 program (GS-20-66) which sits outside of the current resource area. The new zone has been named “Route 66” and warrants further exploration to understand the extents of the system. Visible gold was identified in the drill core.

SECTION 116+00 NE

  • GS-22-129stepped out on the DS5 resource area and returned 28.5 m of 2.33 g/t AuEQ within 89.35 m grading 1.02 g/t Au EQ. Gold and silver mineralization was encountered past the footwall side of the Treaty Thrust Fault 2 (TTF2). The extension of DS5 to the northeast and renewed understanding of the nature of mineralization shows that this domain is vast in size and remains unbounded. GS-22-129 stepped out 150 m from the 2021 drilling.

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American Creek / Tudor Gold management comments

“Every year, the anticipation of the first round of drill results is an exciting time.

 

“We are very pleased that once again, Treaty Creek and the Tudor Gold team have delivered the goods, and this first round of very strong expansion drill results is welcomed by our team and shareholders alike as this is shaping up to be another monumental year of development and discovery at one of the most exciting gold projects in the world.”

Darren Blaney, President and CEO of American Creek Resources

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“We are extremely pleased with the first set of results of our 2022 Goldstorm resource expansion drill program. We continue to encounter strong gold, silver and copper mineralization outside the previously defined resource area.

 

“The overall strength and consistency of the Goldstorm system continues to amaze our entire technical team as the deposit remains open in all directions and at depth.

 

“We have commissioned the next set of 200 m to 300 m step-out holes based on these overwhelming positive results. Additionally, we have confirmed the discovery of a new zone in the southern portion of Goldstorm which adds yet another dimension to this expanding deposit.

 

“Based on an intercept obtained in 2020 from GS-20-66 which was formerly believed to be part of the CS600 Domain (2.15 g/t AU EQ over 75.0 m), the 100 m step-out hole GS-22-135 intercepted an up-dip expression of 1.42 g/t AUEQ over 55.5 m. This has been named Route 66 (R-66).

 

“This is clearly a gold-dominant system that exists separate to the known CS600 and DS5 Domains.

 

“Drilling continues at a fast pace at Treaty Creek with eight drill rigs on site. Our crews have completed over 20,000 m of drilling to-date and we anticipate more results to be released in a timely manner throughout the summer.”

Ken Konkin, President and CEO of Tudor Gold

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For brevity, this summary has been redacted, to read the full news release, please click HERE

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Disclosure

At the time of writing the author holds shares in American Creek Resources, bought in the market at the prevailing price on the days of purchase. 

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