American Creek Resources Ltd. (TSX.V: AMK)
Presented the third set of results for the 2021 resource expansion and definition drilling program conducted by JV operator Tudor Gold for the Goldstorm Deposit at their flagship property, Treaty Creek.
|American Creek||TSX.v : AMK|
|Market cap||C$76 m @ 18c|
|Location||British Columbia, Canada|
American Creek TREATY CREEK DRILLING EXPANDS GOLDSTORM SYSTEM TO NORTHEAST WITH 1.76 G/T GOLD EQ OVER 196.5 M WITHIN 564 M OF 1.09 G/T GOLD EQ, AND CUTS NEAR-SURFACE GOLD MINERALIZATION AT THE EUREKA ZONE WITH 0.76 G/T GOLD EQ OVER 217.5 M
Cardston, Alberta–(Newsfile Corp. – September 28, 2021) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”)is pleased to present the third set of results for the 2021 resource expansion and definition drilling program conducted by JV operator Tudor Gold for the Goldstorm Deposit at their flagship property, Treaty Creek.
The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge’s KSM Project located five kilometers southwest of the Goldstorm Deposit.
Results from four diamond drill holes have recently been received from MSA Labs. Exploration at Treaty Creek is ongoing.
Treaty Creek, Drilling Highlights include:
- Extended the DS-5 Domain 100 meters north of GS-21-112 (core zone of 2.08 g/t AuEq over 79.5 m within 219.0 m containing 1.29 g/t AuEq) with step-out hole GS-21-119 with a strong, consistent mineralized core zone intercept of 196.5 m containing 1.76 g/t AuEq within a broader zone of 564.0 m containing 1.09 g/t AuEq.
- Confirmed consistent mineralization in GS-21-116 over a long interval of 1092.0 m grading 0.75 g/t AuEq that includes the 300H and CS-600 domains.
- Near-surface mineralization encountered at Eureka Zone in EK-21-01 with 67.5 m of 1.13 g/t AuEq within 217.5 m averaging 0.76 g/t AuEq.
- Eureka Zone remains open in all directions and at depth.
- Goldstorm Deposit remains open in all directions and at depth as drilling continues.
The complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively.
Please click on the following link to view:Plan Map and Cross Sections for the drill holes reported in this news release.
American Creek JV partner Tudor Gold management comments
“We are extremely pleased with our continued success with our step-out drilling at the Goldstorm Deposit.
“Due to the success of hole GS-21-119 we plan to step-out further to the northeast before the end of this year’s drilling. This program demonstrates the emergence of higher-grade pulses of gold mineralization within the 300 Horizon and a distinct central enriched gold zone within the DS-5 domain. Similar enriched zones of copper mineralization within the CS-600 domain are also apparent.
“These are “zones within zones” that give our domains a new common dynamic characteristic. Continued drilling is required to better define and potentially expand these enriched pulses within our broad mineralized domains.”
Moreover, Mr. Konkin also commented on drill hole EK-21-01 at the Eureka target:
“In addition, we confirmed that a significant gold system exists at the Eureka Zone with mineralization occurring near surface, which terminates in a regional thrust fault at depth.
“An interesting aspect of the Eureka system is that the gold mineralization ends in what may be the same thrust fault that truncates the DS-5 system at Goldstorm. The attached drill section shows the spatial relationship between the Goldstorm Deposit and the Eureka Zone (Regional Section – Goldstorm to Eureka).
“The current geological interpretation is that the DS-5 domain may connect to the Eureka Zone which adds another dimension to the potential size of the Goldstorm Deposit. Eureka drill hole EK-21-01 contains an enriched central zone averaging 1.13 g/t Au Eq over 67.5 meters that lies within 217.5 meters grading 0.76 g/t Au Eq.
“Similarly, in drill hole GS-21-119, the DS-5 contains an enriched central core of gold mineralization that yields an impressive 1.76 g/t Au Eq over 196.5 meters within the overall intercept of 1.09 g/t Au Eq over 564.0 meters.
“Due to the success of the step-out exploration drilling at the Goldstorm Deposit, the Eureka drill was dispatched to continue the step-out drilling to the northeast at Goldstorm.
“Our primary goal remains to find the limits to the Goldstorm Deposit and to constrain the resources from our Initial Mineral Resource Estimate of 19.41 million ounces of Measured and Indicated and 7.9 million ounces of Inferred gold-equivalent ounces.
“We continue to intercept exceptional mineralization within the defined domains and consistently identify extensions to these domains particularly to the northeast and northwest, as well as at depth. Clearly, more drilling is required to further define the Goldstorm, Eureka and Perfect Storm Zones for 2022.”
Tudor Gold VP of Exploration and Project Development, Ken Konkin, P.Geo.
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