American Creek JV Drills 1.91 g/t Gold Eq Over 85m

American Creek Resources Ltd. (TSX.V: AMK)

Presented final drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit and Calm Before the Storm Zone , as well as surface sampling results from the Eureka Zone, at their flagship property, Treaty Creek, located within the Golden Triangle of Northwest British Columbia.

 

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American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$86 m   @ 19.5c
Location British Columbia, Canada

 

 

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American Creek Treaty Creek map

American Creek Resources – Treaty Creek

 

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Cardston, Alberta–(Newsfile Corp. – January 11, 2022) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) is pleased to present the final drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit and Calm Before the Storm Zone (CBS), as well as surface sampling results from the Eureka Zone, at their flagship property, Treaty Creek (the “Project“), located within the Golden Triangle of Northwest British Columbia.

Included in this press release are the results of three diamond drill holes that were completed at the Goldstorm Deposit along sections 113+00 NE and 118+00 NE, 500 metres apart, as well as the third exploration diamond drill hole at the recently discovered Calm Before the Storm Zone. Results of a continuous surface channel sample line completed at the Eureka Zone are also included.

The Copper Belle-Goldstorm Deposit (CB-GS) is situated only five kilometers northeast and on trend from Seabridge Gold’s KSM deposits, which comprise one of the largest undeveloped gold and copper projects in the world. The CB-GS Deposit currently hosts a *NI 43-101 compliant Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see American Creek press release dated March 9, 2021).

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Drilling and Surface Sampling Highlights include:

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GOLDSTORM

  • GS-21-125intercepted the DS5 domain, which averaged0.82 g/t AuEq over 258.0 m, including1.91 g/t AuEq over 85.4 m. The hole ended in gold-copper mineralization as unstable ground conditions prevented the completion of the hole.
  • GS-21-127, the farthest northeast step-out hole completed to date (approximately 200 m northeast of GS-21-119), targeted the deep DS5 domain. This hole successfully intersected the top of DS5 and ended in mineralization before being shut down due to poor field conditions. Results include0.75 g/t AuEq over 46.5 mand0.43 g/t AuEq over 70.0 m, which extended to the end of the hole. This target will be re-drilled in 2022.
  • GS-21-128targeted the easterly extension of the CS600 and DS5 domains. The hole intercepted0.61 g/t AuEq over 43.9 mwithin CS600. The hole ended in mineralization as field conditions prevented completion of the hole; the final17.6 m averaged 1.31 g/t AuEq. This intersection is currently interpreted to be the upper part of DS5 and plans are to re-drill this target in 2022.

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CALM BEFORE THE STORM

  • CBS-21-03returned a near-surface interval that graded0.85 g/t AuEq over 25.5 mand a second significant interval of mineralization farther down the hole that averaged0.61 g/t AuEq over 33.15 m, with an enriched mineralized core of 0.94 g/t AuEq over 10.0 m.
  • CBS-21-03confirms that gold mineralization is gaining strength westward and to depth..

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American Creek / Tudor Gold management comments

 

“We are pleased to have completed the 2021 exploration season on a very positive note, having demonstrated that the Goldstorm Deposit still remains open in all directions and at depth.

 

“We have significantly expanded the Goldstorm system to the northwest, north, northeast and southeast, in addition to reporting some of our longest and strongest gold-copper mineralized intercepts that surpassed even the results obtained from last years’ extremely successful drill program.

 

“Our primary goal is to define the ultimate limits of gold-copper-silver mineralization of the Goldstorm Deposit so we can determine the final resource estimate. We are committed to increasing our efforts for 2022 to achieve this goal.

Exploration in other areas of the Property demonstrated that the Eureka System continues 300 meters to the north from our well-mineralized exploration drill hole EK-21-01 (Press Release September 28th, 2021) that confirmed the near-surface presence of a large gold target.

 

“Other notable achievements of 2021 were the successful expansion of the Perfect Storm System, located two kilometres southwest of Goldstorm, and the discovery of the Calm Before the Storm (CBS) system located two kilometres northeast of the Goldstorm Deposit.

 

“The Treaty Creek project has now ballooned with the addition of these three new drill targets that will be explored in tandem with definition drilling of the Goldstorm deposit limits in 2022.

 

“Our geological team is currently focusing their efforts over the next few weeks to complete the plans for the proposed 2022 diamond drill program.

 

“Leading the geological team is our new Vice President of Resource Development, Ms. Natalie Senger (P.Geo.). It’s very rewarding for me to see the professional development and advancement of such a deserving geoscientist, who I have had the pleasure of working with during my career.”

Tudor Gold’s President and CEO, Ken Konkin, P.Geo.

 

For brevity, this summary has been redacted, to read the full news release, please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

 

Disclosure

The writer holds shares in American Creek bought at the prevailing market price at the times of purchase.

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To read our full terms and conditions, please click HERE




American Creek JV drill1.09 g/t Gold Eq 476.1m

American Creek Resources  (TSX.V: AMK)

Presented the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek, located within the Golden Triangle of Northwest British Columbia.

The highlight was 1.09 gpt of gold over 476.1 m.

 

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American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$86 m   @ 19.5c
Location British Columbia, Canada

 

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Cardston, Alberta–(Newsfile Corp. – December 16, 2021) –American Creek Resources Ltd. (TSXV: AMK)(“the Corporation”) is pleased to present the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek (the “Project“), located within the Golden Triangle of Northwest British Columbia.

Included in this press release are the results of four diamond drill holes that were completed at the Goldstorm Deposit along two sections (112+00 NE and 115+00 NE), 300 metres apart.

These results demonstrate the excellent continuity of precious and base-metal mineralization that has been measured throughout the Goldstorm deposit and provides increased drill hole density for future resource determinations.

The Copper Belle-Goldstorm Deposit (CB-GS) currently hosts a [1]*NI 43-101 compliant Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see Tudor Gold press release datedMarch 9, 2021).

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Goldstorm Drilling Highlights Include:

SECTION 115+00 NE

  • GS-21-122provided closer hole spacing between previous intercepts of the deep, northwest extension of the CS600 domain. The hole averaged0.65 g/t AuEq over 1,035.0 m, which included both the 300H and CS600 domains.
  • GS-21-122encountered consistent gold and copper mineralization within the CS600 domain that returned1.22 g/t AuEq (0.65 g/t Au and 0.45 % Cu) over 355.15 m, including an enriched portion that averaged1.45 g/t AuEq (0.79 g/t Au and 0.53 % Cu) over 247.5 m.
  • GS-21-122ended at 1375 m in gold mineralization, which may have been the start of the DS5 domain. The drill had reached its’ maximum depth capacity.
  • GS-21-126, stepping out to the southeast, was stopped before the target due to drilling issues. This hole will be re-drilled in 2022.

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American Creek and Tudor Gold management comments

“We are pleased to report that the resource definition-drilling of the Goldstorm Deposit was a great success.

 

“In addition to expanding the limits of the precious and base-metal mineralization to the northwest, north and northeast, we were able to infill gaps in the resource model with carefully placed drill holes that were designed to add gold-equivalent ounces to the measured and drill indicated categories.

 

“In addition, these results demonstrate the strong consistency of the gold-copper mineralization between holesGS-21-122 and GS-21-124 that are approximately 500 meters apart; the overall results are very comparable: GS-21-122 averaged 0.65 g/t AuEq over 1,035 meters while GS-21-124 averaged 0.75 g/t AuEq over 1,089 meters.

 

“We expect to complete the final sections for the last four drill holes and combine this with our final surface sampling results for our next press release.”

Tudor Gold’s VP of Exploration and Project Development, Ken Konkin

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“The Goldstorm deposit continues to impress.

 

“The near-surface300H horizon continues to have enriched gold advantageous for potential open pit operations, while the CS600 domain is becoming richer in gold/copper mineralization, with the system continuing to extend to great depths.

 

“Based on deep extension holes showing better and better grades, its quite possible that the richest portions of this massive and growing deposit have yet to be discovered.”

Darren Blaney, CEO of American Creek Resources

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Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek.

American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs.

Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have “free rides”.

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About American Creek

American Creek is a Canadian junior mineral exploration company with gold and silver properties in British Columbia, Canada.

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC’s prolific “Golden Triangle”.

The Corporation also holds the Austruck-Bonanza gold property located near Kamloops.

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For brevity, this summary has been redacted, to read the full news release, please click HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

.

=======

,

This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

.

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.

.

To read our full terms and conditions, please click HERE