American Creek Resources  (TSX.V: AMK)

Reported that project operator and JV partner Tudor Gold announced the filing of the technical report for the updated Mineral Resource Estimate on the Goldstorm Deposit at their flagship Treaty Creek Project located in the Golden Triangle region of British Columbia. 

 

 

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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’s JV Partner Tudor Gold Announces Filing of NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Goldstorm Deposit at the Treaty Creek Joint Venture Project, Located in the Golden Triangle of British Columbia

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Cardston, Alberta–(Newsfile Corp. – May 2, 2023) – American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”) is pleased to report that project operator and JV partner Tudor Gold announced the filing of the technical report (the “Report“) for the updated Mineral Resource Estimate on the Goldstorm Deposit (the “MRE” or “2023 Treaty Creek MRE“) at their flagship Treaty Creek Project (the “Project“) located in the Golden Triangle region of British Columbia.

The Report is entitled “NI-43-101 Technical Report for the Treaty Creek Project”, with an effective date of April 28, 2023 and was prepared for Tudor Gold by Garth Kirkham Geosystems and JDS Energy & Mining Inc. (“JDS“). The Report is available under the Company’s profile on SEDAR at www.sedar.com or from the Company’s website at www.tudor-gold.com

 

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Highlights of the 2023 Treaty Creek MRE:

• Indicated Mineral Resource of 23.37 million ounces (Moz) of gold equivalent (AuEQ) within 641.93 million tonnes (Mt) at a grade of 1.13 g/t AuEQ; comprised of:
  • 18.75 Moz of gold (Au) at 0.91 g/t, 112.44 Moz of silver (Ag) at 5.45 g/t, and 2.18 billion pounds (Blbs) of copper (Cu) at 0.15 %.
• Inferred Mineral Resource of 7.35 Moz AuEQ within 233.90 Mt at a grade of 0.98 g/t AuEQ; comprised of:
  • 5.54 Moz Au at 0.74 g/t, 45.08 Moz Ag at 5.99 g/t, and 848.00 million pounds (Mlbs) of Cu at 0.16 %.
    
• CS-600 Domain is comprised of an intrusive hosted gold-copper porphyry system and hosts an Indicated Mineral Resource of 9.86 Moz of AuEQ within 278.02 Mt at a grade of 1.10 g/t AuEQ; comprised of:
  • 6.22 Moz Au at 0.70 g/t; and 1.98 Blbs of Cu at 0.32 %.
    
• A 1.0 g/t sensitivity cut-off for all the Indicated Mineral Resource (open-pit and underground) measures 15.18 Moz of AuEQ at a grade of 1.48 g/t AuEQ; comprised of:
  • 12.29 Moz of Au at 1.20 g/t, 72.07 Moz of Ag at 7.02 g/t and 1.35 Blbs of Cu at 0.19 %.
    
• Improved the definition and spatial continuity of the Goldstorm porphyry system which is comprised of six separate mineral domains over an area that measures approximately 2,500 m in length, 1,000 m in width and 1,400 m in depth.
• The Goldstorm Deposit remains open to the south, north, northeast and at depth.

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To read the full news release, please click HERE

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If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

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Disclosure

At the time of writing the author holds shares in American Creek Resources.

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