- American Creek Resources (AMK) released the third set of JV partner Tudor Gold’s drill results for Phase l of the 2022 exploration program at its Treaty Creek property
- This second consecutive high-grade, visible gold intercept from our northeastern step-out drilling saw 70.96 g/t AuEq over 1.0 metre within 39.15 g/t AuEq over 2.0 metres with a 225-metre northeast step-out hole at the Goldstorm deposit
- This is now highest single gold grade intercept of the project
- The Treaty Creek program includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones
- Located in the heart of the Golden Triangle of Northwestern British Columbia, the Treaty Creek Project is a JV with Tudor Gold, which owns 3/5ths of the property and acts as the operator
- Shares of American Creek (AMK) were up 10 per cent to C$0.16 as of 11:20 a.m. ET
American Creek Resources (AMK) has released JV partner Tudor Gold’s drill results at its Treaty Creek property.
This second consecutive high-grade, visible gold intercept from its northeastern step-out drilling saw 70.96 g/t AuEq over 1.0 metres within 39.15 g/t AuEq over 2.0 metres with a 225-metre northeast step-out hole at the Goldstorm deposit. This is now the highest single gold grade intercept of the project.
American Creek CEO and President, Darren Blaney stated that these high-grade results add a new dimension to the Goldstorm deposit.
“Potentially having the type of mineralization as the neighbouring Brucejack Mine is a very significant development. It’s great to have Ken, the expert in this field, at the helm given he was instrumental in developing the Brucejack Mine. The geology within this system is truly fascinating.”
The Treaty Creek program includes an aggressive resource expansion and delineation plan in several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones.
Located in the heart of the Golden Triangle of Northwestern British Columbia, the Treaty Creek Project is a JV with Tudor Gold, which owns 3/5ths of the property and acts as the operator.
American Creek and Tueton Resources each own 1/5th interest in the property and are both fully carried until a production notice is issued.
Once that happens, American Creek and Teuton will be required to contribute their 20 per cent share of development costs.
American Creek is a Canadian junior mineral exploration company with gold and silver properties in British Columbia, Canada.
Shares of American Creek (AMK) were up 10 per cent to C$0.16 as of 11:20 a.m. ET.