American Creek (TSX.V: AMK)
Presented the fourth set of drill results from operator Tudor Gold for Phase l of the 2022 exploration program at their flagship project, the Treaty Creek JV, located in the heart of the Golden Triangle of Northwestern British Columbia, Canada. […]
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| American Creek | TSX.v : AMK |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$75 m @ 17c |
| Location | British Columbia, Canada |
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AMERICAN CREEK ANNOUNCES EXTENSION OF 2021 DRILL HOLE GS-21-113-W2 AND REPORTS A FINAL COMPOSITE OF 1.12 G/T AUEQ OVER 1,497.5 METERS AT THE GOLDSTORM DEPOSIT, TREATY CREEK PROJECT JV, GOLDEN TRIANGLE, BRITISH COLUMBIA
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Cardston, Alberta–(Newsfile Corp. – August 11, 2022) – American Creek Resources Ltd. (TSX.V: AMK) (“the Corporation” or “American Creek”) is pleased to present the fourth set of drill results from operator Tudor Gold for Phase l of the 2022 exploration program (the “Program“) at their flagship project, the Treaty Creek JV, located in the heart of the Golden Triangle of Northwestern British Columbia.
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Darren Blaney, President, and CEO of American Creek commented:
“The Goldstorm deposit continues to amaze! Hole GS-21-113-W2 is simply a world class hole”.
“This latest hole, along with major step out holes to the north, continue to show the truly massive size of this deposit. Hole GS-22-139 which returned 438m of 1.07 grams per tonne gold equivalent, is impressive in its own right and is located 250m northeast of previous drilling.
“Recently announced holes GS-22-133 and 134 stepped out 200m and 500m to the northwest and returned 600m of 0.91 grams per tonne gold equivalent and 663 meters of 0.97 grams per tonne gold equivalent respectively.
“These results are obviously going to have a significant impact on an updated resource calculation for the Goldstorm deposit.”
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Ken Konkin, President and CEO of Tudor Gold comments
“During the 2021 drill program, we drilled hole GS-21-113-W2 to the maximum depth possible and noted that the strongest sulphide mineralization occurred at the bottom of this hole.
“A decision was made to leave the casing and HQ rods in GS-21-113-W2 with the plan of returning to re-enter the hole this year with a more powerful diamond drill rig and we succeeded!
“The hole was extended 280.1 meters (m) demonstrating that gold and copper grades increase with depth as the strongest mineralization occurs between 1520 m and 1688 m. This portion of the hole averages 2.48 g/t Au EQ over 168 m with copper averaging 0.82 %.
“Silver mineralization is also becoming stronger at depth within the CS600 domain. In addition, results from targeting the DS5 domain were also successful with drill hole GS-22-139 which intersected 428 m of 1.07 g/t Au EQ and included an enriched upper portion that averaged 1.36 g/t Au EQ over 172.4 m.
“As previously reported, high-grade visible native gold has occurred from two of three aggressive step-out holes that were 225-meter and 500-meter step-out holes from the 2021 drilling program within the northeastern sector of the Goldstorm Deposit.
“These high-grade gold results may add a new dimension to the exploration potential of this project and we will continue to advance and explore this rapidly expanding aspect of these well mineralized domains.”
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The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm Zones. Results included in this press release are reported from six diamond drill holes that were drilled on the Goldstorm Deposit from sections C and D. Five out of six holes were targeted outside the 2021 Mineral Resource Estimate area (see link: corresponding Treaty Creek plan map and sections).
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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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