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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Post by thearabon Apr 07, 2022 12:19pm
145 Views
Post# 34584639

Re---------News

Re---------News
merican Creek's JV Partner Tudor Gold Prepares for 2022 Drill Hole Program at Treaty Creek Gold Project in BC's Golden Triangle

 

07 Apr 202211:43 ET  

Newsfile Corp

 

Cardston, Alberta--(Newsfile Corp. - April 7, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce that Tudor crews have been mobilized to prepare for the upcoming exploration program at our JV flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwest British Columbia. Crews are currently transporting heavy equipment and drilling supplies to site along our winter access from the Brucejack Lake Road. Crews will also be preparing the camps for the upcoming drill campaign set to commence early May.

Tudor Gold's President and CEO, Ken Konkin, P.Geo., states: "As in the previous season, the priority of our upcoming exploration program will be to expand and define the limits of the Goldstorm Deposit (GS), as mineralization remains open in all directions and at depth. Ten diamond drill rigs are scheduled to be mobilized to site throughout the month of May for an aggressive diamond drilling program. While the priority remains to complete the exploration and definition of the Goldstorm Deposit, exploration drilling will follow up on several other discoveries including the Eureka Zone (EZ), located 800 meters southeast of GS, and the Company's newest discovery, Calm Before the Storm (CBS), located two kilometres northeast of GS. Tudor's priority is to define the limits of the GS mineralized domains in order to complete an updated resource estimate and support a Preliminary Economic Assessment (PEA). At the end of the 2021 drill program, some of our best Au-Cu-Ag results were encountered from our step-out drilling to the north within the 300H and CS-600 domains from drill holes GS-21-113 (1.44 g/t Au Eq over 405.0 meters within CS-600), GS-21-113-W1 (2.35 g/t AuEq over 159.0 meters within 300H) and GS-21-113-W2 (1.38 g/t AuEq over 556.5 meters within CS-600). To the northeast, we encountered some of strongest gold mineralization within the DS-5 domain with drill hole GS-21-119 (1.76 g/t AuEq over 196.5 meters). Not only is the size of the deposit increasing, but the values are also some of the highest that we have received within GS and these latter drill holes are those which we will be stepping out from in 2022."

This season, Tudor Gold Corp and our associated service companies will continue to focus on measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers' temperatures and general health conditions. We plan to have a certified paramedic at the staging area to examine and test all in-coming and out-going workers of all Tudor personnel including all service providers.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/119669_f00e0714845e0ba3_001.jpg



Sulphurets Hydrothermal System

To view an enhanced version of this graphic, please visit:

https://orders.newsfilecorp.com/files/682/119669_f00e0714845e0ba3_001full.jpg

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's President and CEO, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for their disclosure contained in their news release.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudor's information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

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".

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.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: info@americancreek.com. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.


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