The same geophysical technology successfully used to discover large scale deposits in the southern half of the Sulphurets Hydrothermal System (KSM and Brucejack) is also showing potential for multiple similar scale deposits on Treaty Creek. It has proven to be accurate for our neighbours and so far has been accurate and useful in discoveries on Treaty Creek. In particular, it is showing tremendous potential at the Goldstorm and Perfect Storm zones.
Treaty Creek Highlights
Hover Over Highlights
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Politically safe jurisdiction |
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Eric Sprott large investor |
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Part of a string of world scale deposits |
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Checking all the right boxes for development |
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The Crown Jewel of the Golden Triangle is the Sulphurets Hydrothermal System that has proven to host one of the greatest concentrations of metal value on the planet with 185 million ounces gold, 739 million ounces silver and 50 billion pounds copper so far (all categories). That’s just in its southern half which hosts the Brucejack Mine (Pretivm) which started its production in 2017 and the KSM (Seabridge) which contains the largest undeveloped gold deposit in the world by reserves – 47.3 million ounces gold with 7.3 billion pounds of copper [P&P].
Treaty Creek covers the northern half of the system and the structure, geology, geophysics, and exploration results all indicate the potential to host a continuation of the mineralization already proven in the southern half. This includes the potential for multiple world-scale deposits. The current area of focus is on the Goldstorm zone which contains *27.87 million ounces of 1.19 GPT AuEq of Indicated mineral resources and 6.03 million ounces of 1.25 GPT AuEq of Inferred mineral resources and is open in all directions. In 2023 that focus may expand to also include the Perfect Storm zone.
Metal prices used were US$1,850/oz Au, US$21/oz Ag, US$3.75/lb Cu with process recoveries of 90% Au, 80% Ag and 80% Cu.
American Creek holds a 20% fully carried interest in treaty creek until a production notice is given
MoreGeology
The Sulphurets Hydrothermal System has numerous types of deposits from low sulfidation epithermal systems, to VMS systems to porphyry systems. Some geological features that continue from the KSM north onto Treaty Creek include:
- Highly mineralized Hazelton bedrock geology (very concentrated in the Golden Triangle)
- Sulphurets Thrust Fault – Seabridge has stated that this fault is directly related to the KSM deposits
- Kyba “Line of Discovery” – a significant geological contact associated with most of the large deposits in the region
- Correct locations for mineralized zones within a larger sequence of world-scale deposits
“This is insane. The potential of this thing is incredible. Just be patient- I think we will be rewarded. This is absolutely a dream project in probably one of the most stable geopolitical areas out there!"
– Ken Konkin 2023 –
GEOPHYSICS
More
THREE CRITICAL FACTORS FOR "BC'S NEXT BIG DEPOSIT"
Treaty Creek Is 3/3
- Located along the Kyba “Red Line of Discovery”
- Major fault system
- Geoclastic sequencing
Our Partner - Tudor Gold
Tudor Gold is the operator and holds a 60% interest in Treaty Creek. It’s founder, the late Walter Storm, was a very successful global businessman who financed the startup and development of Osisko Mining (Malartic mine).
Ken Konkin, President and CEO of Tudor, spent 8 years leading the geological team at Pretium developing the Brucejack mine (just 2km south of Treaty). He is bringing his knowledge, experience, and expertise of the Sulphurets Hydrothermal System to develop the deposits in its northern half.
MoreBC's Golden Triangle
There is about a 500km band of mineralization that stretches from the placer deposits of Atlin B.C., near the Yukon border, down to former producing moly-silver mines at Kitsault just south east of Stewart, B.C.. The southern half of this band is so endowed with mineralization that it is referred to as “The Golden Triangle” and is fast becoming one of the premiere metal districts in the world. It has produced numerous mines in the past with two mines currently in production, one set to produce in 2024 and another in 2026, and many more projects at PEA & feasibility stage.
THE POINT OF DISCOVERY
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01
Prospecting
Grassroot exploration.
A risky, hit-or-miss business. -
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Discovery - Sweet Spot
Lower risk, highest reward.
Define resources, access value.
Point of maximun value creation -
03
Proven Reserve
More drilling and analysis to determine size and feasibility.
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04
Build mine
Develop size and build a mine. Highest capital costs and longest lead times.
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04
Mining & Selling
Extraction and treatment of ore.
Labour and capital intensive. -
04
Reclamation
Returning mine site to its natual state.
With the Goldstorm's resource calculation of *33.9M Oz AuEq, the grades getting better, and no end of the Goldstorm deposit in sight, Treaty Creek is clearly in the beginning stages of the “Point of Maximum Value Creation.”
Information concerning other deposits in the Golden Triangle has not been independently verified by American Creek and many not be indicative of what is discovered on Treaty Creek.
Jim McCrea P.Geo
