August 29, 2011 TSX-V: AMK
American Creek Resources Ltd. (TSX-V:AMK / OTC:ACKRF) is pleased to announce it has commenced a diamond drill exploration program on its 100% owned Electrum Property, a gold / silver project near Stewart, British Columbia. The program is designed to test the extension of mapped surface veins at depth and to confirm a shear / alteration zone that appears to be controlling the extensive mineralization found on the property.
Initial work begun in July of this year included detailed mapping of newly discovered veins. A chip sample taken in 2010 assaying 694 g/t gold and 550 g/t silver was obtained along this system of closely spaced epithermal breccia-veins exposed in continuous outcrop for over 50 meters. Other samples from this area assayed 71.8 g/t gold with over 10,000 g/t silver and 5.21 g/t gold with 2,800 g/t silver.
The Electrum Property lies in the heart of the prolific mining region known as the "Golden Triangle” in a valley containing four past producing commercial mines, and hosts the historic East Gold Mine.
For an introduction to the Electrum project click image below:
Frank O’Grady, P.Eng., is the Qualified Person for the purposes of National Instrument 43-101 for the Electrum Project. Mr. O’Grady has verified and approved the contents of this news release.
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.
Certain information contained in this news release constitutes forward-looking statements regarding the Corporation’ s mineral propertie s. Forward looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the reasonable opinions and estimates of management of American Creek and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include: the inherent risks involved in the exploration and development of mineral properties, uncertainties involved in the interpretation of drill results and other geological data, fluctuating commodity prices, unforeseen permitting requirements, changes in environmental laws or regulations, the possibility of project cost overruns or unanticipated costs and expenses, weather conditions, the availability of contractors for equipment and services, the availability of future financing and general business and economic conditions. Such statements are also based on a number of assumptions which may prove to be incorrect, including assumptions about general business and economic conditions being accurate, the timing and receipt of regulatory approvals for projects and operations, the availability of financing, the ability to secure equipment and labour, and American Creek’s ongoing relationship with third parties. The foregoing factors, risks and assumptions are not exhaustive. Events or circumstances could cause actual events or results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are as of the date they are made and American Creek disclaims any obligation to update any forward-looking statements, except as required by law.
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