American Creek Resources Ltd. (TSX.V: AMK)
Presented the first results for the 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek.
Highlights included hole GS-21-103 that intersected 801.0 meters of 0.704 g/t Au Eq including a strong upper pulse of enrichment averaging 2.025 g/t Au Eq over 75.0 meters or 168.0 meters of 1.391 Au Eq.
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| American Creek | TSX.v : AMK |
| Stage | Exploration |
| Metals | Gold |
| Market cap | C$84 m @ 21c |
| Location | British Columbia, Canada |
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American Creek Resources – Treaty Creek
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AMERICAN CREEK’S JV PARTNER TUDOR GOLD INTERSECTS 130.5 METERS OF 2.389 G/T GOLD EQ WITHIN 474.0 METERS OF 1.039 G/T GOLD EQ
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Cardston, Alberta–(Newsfile Corp. – August 4, 2021) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) is pleased to present the first results for the 2021 resource expansion and definition drilling program 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 seven diamond drill holes have recently been received from MSA Labs and are reported herein. Exploration at Treaty Creek is ongoing at Goldstorm, Perfect Storm and the Eureka zones with the recent arrival of the fifth and sixth drill rigs.
Drilling has commenced at the Perfect Storm Zone with the fifth drill rig and the sixth drill rig has just arrived at the Eureka Zone awaiting the arrival of its drill crew. Click to view: Video outlining the 2021 Exploration Program at Treaty Creek
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Tudor Gold management comments
“The 2021 drilling program at Treaty Creek has progressed very well with peripheral drilling at Goldstorm.
“We are consistently encountering strong sulphide mineralization along the limits of the three identified mineral resource domains, namely the 300 Horizon, CS-600 and DS-5 Zones.
“The Goldstorm Deposit remains open to expansion in all directions and at depth. In addition to potentially adding new gold equivalent (Au Eq) ounces to the mineral resource, we will attempt to convert as much of the 7.9 million Au Eq ounces of Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million ounces of Au Eq.
“Concurrent with the definition and exploration drilling on the Goldstorm Deposit, one drill will continue with 300-meter (m) step-out holes at Perfect Storm and one drill will test the central area of the Eureka Zone. Exploration crews will also be working on new areas within the project area in order to define new drill targets.”
Tudor Gold’s VP of Exploration and Project Development, Ken Konkin
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Treaty Creek, Goldstorm Drilling Highlights include:
- Very consistent, near-surface 300 Horizon intercepts such as GS-21-103 that intersected 801.0 meters of 0.704 g/t Au Eq including a strong upper pulse of enrichment averaging 2.025 g/t Au Eq over 75.0 meters or 168.0 meters of 1.391 Au Eq.
- An impressive 474.0 m intercept of DS-5 in hole GS-21-110 that averages 1.039 g/t Au EQ including 216.0 meters of 1.712 g/t Au Eq or 130.5 meters of 2.389 g/t Au Eq.
- All drill holes hit significant gold mineralization (GS-21-107 was lost before encountering the DS-5 Zone and that hole will be re-drilled).
- Goldstorm Deposit remains open in all directions and at depth as drilling continues.
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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 day of purchase.
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