American Creek Resources (TSX.V: AMK)
Presented the second set of JV partner Tudor Gold’s drill results for Phase l of the 2022 exploration program at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.
|American Creek||TSX.v : AMK|
|Market cap||C$73 m @ 16.5c|
|Location||British Columbia, Canada|
AMERICAN CREEK ANNOUNCES 20.86 G/T AUEQ OVER 4.5M WITHIN 25.5M OF 9.96 G/T AUEQ WITHIN 663M OF 0.97 G/T AUEQ IN A 500M STEP-OUT HOLE AT THE GOLDSTORM DEPOSIT, TREATY CREEK PROJECT JV, GOLDEN TRIANGLE, BRITISH COLUMBIA
Cardston, Alberta–(Newsfile Corp. – July 20, 2022) –American Creek Resources Ltd. (TSXV: AMK) (“the Corporation” or “American Creek”)is pleased to present the second set of JV partner Tudor Gold’s drill results for Phase l of the 2022 exploration program (the “Program”) at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.
American Creek / Tudor Gold JV management comments
“These results mark another milestone at Treaty Creek. With these new high-grade intercepts, the discussion around how much blue sky remains in this project is completely reinvigorated.
“The 25.5 m of 9.96 g/t high-grade interval is part of a 663 meter intercept of roughly 1 g/t gold equivalent, a half kilometer north of last year’s drilling. Hole GS-22-133, a 200m step-out, indicates that the mineralization is continuous.
“Just two holes, GS-22-133 and 134, have expanded the Goldstorm 500 meters to the north by 600 meters deep!
“And incredibly, the Goldstorm still remains open in all directions, with continued step-out drilling being spectacular.
“Our management team and shareholders are more than impressed by this series of results and look forward to future ongoing news this season. Tudor is once again delivering what we all hoped for!”
Darren Blaney, President, and CEO of American Creek Resources
“Continuing from the impressive drill results presented in the July 12th 2022 Press Release that reported a 200 m northeastern step-out from the 2021 program, we are extremely pleased to present the second set of results of our 2022 Goldstorm resource expansion drill program.
“The previously announced GS-22-133 (0.91 g/t Au EQ over 600 m, with an enriched zone of 1.51 g/t Au EQ over 237.3 m) is extremely consistent with the results obtained from GS-22-134 that yielded 0.97 g/t Au EQ over 663 m, with an enriched zone of 1.76 g/t AuEQ over 205.5 m.
“These holes are located approximately 300 m apart. Significantly, we also discovered a high-grade pulse of gold mineralization within GS-22-134 that carried 20.86 g/t Au EQ over 4.5 m within a 25.5 m zone of 9.96 Au EQ, which displayed 17 occurrences of free visible gold within stockwork veins.
“In addition, we are seeing continued success with drill holes completed on the DS5 domain. Step-out drilling that has expanded the area of this domain includes GS-22-137 which contained1.44 g/t Au EQ over 232.5 m, with an enriched zone of 2.03 g/t Au EQ over 60.0 m.
“The Goldstorm deposit remains open in all directions and at depth. Drilling at our newly discovered CBS system provided positive results with numerous at surface intercepts that ranged between 1.00 g/t Au EQ to 1.53 g/t Au EQ over 7.5 m to 9.4 m, with a deeper intercept that grades 0.77 g/t Au EQ over 79.5 m.
“Continued drilling is recommended for the CBS Zone, however, for the remainder of this season all drills will continue drilling at Goldstorm, as the extent of this deposit continues to expand with extremely positive results. We have stepped out approximately half a kilometer with outstanding and consistent results and we will continue to drill step-out holes for 2022.”
Ken Konkin, President and CEO of Tudor Gold
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 eight diamond drill holes; four that were drilled on the Goldstorm Deposit from sections 112+00 and A, and four that were drilled on the Calm Before the Storm Zone (CBS). Seven out of eight holes were targeted outside the 2021 Mineral Resource Estimate area.
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