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American Creek (TSXV:AMK) intersects strong gold-copper mineralization at the Treaty Creek JV

Market News, Mining
TSXV:AMK
24 November 2022 13:00 (EDT)

Source: American Creek Resources.

American Creek Resources (AMK) presented the ninth and final set of drill results for the 2022 exploration program from at Treaty Creek.

Five drill holes completed on the Goldstorm Deposit by operator Tudor Gold saw the best result from the northern step-out area well outside the estimated resource area with hole GS-22-159. 

The CS600 domain contained 1.71 g/t AuEQ over 180 metres with 0.92 g/t Au, 6.10 g/t Ag and 0.61 per cent Cu. This drill hole ended in strong copper mineralization, and this composite was centred on a much larger composite of 489 metres averaging 1.12 g/t AuEQ (0.66 g/t Au, 3.60 g/t Ag, 0.36 per cent Cu).

Silver grades we elevated within several holes of the newly discovered northern extension of the CS600 domain. Drill hole GS-22-162 intersected 1.34 g/t AuEQ over 145.5 metres with 0.61 g/t Au, 12.01 g/t Ag and 0.5 per cent Cu. In addition to expanding the deposit to the north, the team confirmed the near-surface, southeasterly expansion of the newly discovered Route 66 Zone that yielded 0.95 g/t AuEQ over 42 metres.

American Creek’s President and CEO, Darren Blaney, said that given that the gold grades keep getting better and better and the amount of silver and copper keeps increasing as the drilling advances, there is obviously a tremendous blue sky yet to come.

“And incredibly, the Goldstorm deposit is still open in every direction and at depth. We are very much looking forward to seeing an updated resource.”

Tudor Gold’s President and CEO, Ken Konkin, added that the team continues to observe higher gold, silver, and copper grades throughout the northern step-out expansion of the Goldstorm Deposit than the grades derived from the 2021 initial resource estimate.

“Despite significantly expanding the resource limits of the Goldstorm Deposit, it remains open in all directions and at depth. Our geologists will focus their attention on refining the geological model and completing an updated Goldstorm resource for 2023. In addition, numerous samples were collected for ongoing petrographic, mineralogical, and metallurgical studies that will be carried out during the following winter months.”

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

The corporation has an interest in the Treaty Creek property, a joint venture project with the flagship Tudor Gold property located in B.C.’s “Golden Triangle.”

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

American Creek Resources Ltd. (AMK) is unchanged, trading at $0.135 per share.


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