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ArcWest Exploration Inc V.AWX

Alternate Symbol(s):  SJRNF

ArcWest Exploration Inc. is a Canada-based mineral exploration company. It is focused on porphyry copper-gold exploration opportunities throughout western North America. Its projects include Oweegee Dome, Todd Creek, Eagle, Rip, Sparrowhawk, and Teeta Creek & NVI. Its 100% owned, 32,133-hectare Todd Creek project is located 30 kilometers (km) northeast of Stewart and 45 km southeast of the giant KSM-Iron Cap porphyry Cu-Au (Seabridge Gold) and Treaty Creek Au-Ag+/-Cu (Tudor) deposits in B.C.'s Golden Triangle. Its 100% owned, 31,077-hectare Oweegee Dome porphyry Cu-Mo-Au project is located 45 km east of Seabridge Gold's supergiant KSM-Iron Cap porphyry Cu-Au project and 40 km east of Tudor Gold's Treaty Creek Au-Ag-Cu project. The Rip Property is a copper molybdenum porphyry (Cu-Mo-Au) prospect located in the Skeena Arch approximately 60 km south of Houston, British Columbia. Its 10,006-hectare Sparrowhawk project is located 11 kms southeast of the Morrison Cu deposit.


TSXV:AWX - Post by User

Comment by NOMOREROLLBACKSon Feb 03, 2021 12:36pm
234 Views
Post# 32459237

RE:Arcwest appoints Boyd, Cremonese & Ogryzlo as advisers

RE:Arcwest appoints Boyd, Cremonese & Ogryzlo as advisers
American Creek Resources Ltd. (TSX-V: AMK) is pleased to announce that the British Columbia Court of Appeal today released its decision from the March 911 hearing on the litigation with Teuton Resources Corp. (Teuton) over the Treaty Creek property. Teuton had appealed the British Columbia Supreme Courts (BCSC) finding that American Creek had earned a 51% interest and the Courts order that Teuton pay American Creek special costs. The Court of Appeal, in a unanimous 3-0 decision, dismissed Teutons appeal in its entirety and upheld the April 14, 2014 decision of the BCSC. The Court of Appeal confirmed that American Creek completed its earn-in and holds a 51% controlling interest in the Treaty Creek property. The Court of Appeal also upheld the prior ruling by the BCSC regarding special costs. The Court of Appeal acknowledged the BCSCs finding that certain online postings and Mr. Cremoneses false testimony on discovery were reprehensible conductdeserving an award of special costs and concluded that The judge correctly found reprehensible conduct related to the proceedings in ordering special costs. Accordingly, American Creek will take the legal steps necessary to collect the outstanding costs owed to it by Teuton. Allan Burton, president of American Creek, stated: We are thrilled with the Appeal Courts strong and decisive decision confirming that American Creek holds a 51% controlling interest in Treaty Creek. This litigation is now behind us, and with that, a great opportunity lies ahead of us. The Treaty Creek property is next to some of the richest and largest gold/copper deposits in the world. We are looking forward to seeing this property realize its full potential. The Treaty Creek property is adjacent to Seabridge Golds KSM property and in the same region as Pretivm Resources Brucejack property located in the Stewart camp in northwest British Columbia. In addition to moving the Treaty Creek project forward, American Creek will now vigorously prosecute the economic interference / conspiracy / defamation law suit against Teuton, Mr. Cremonese (Teutons president) and others. Mr. Burton stated: Bringing the Alberta law suit against Teuton and Mr. Cremonese to a conclusion will be the final step in this process. We are confident that the outcome in the Alberta law suit will be equally as favourable. American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada. For further information please contact Darren Blaney at: Phone: (403) 752-4040 or Email: info@americancreek.com. Information relating to the Corporation is
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