August 12 2

Image of Treaty Creek looking SW towards Seabridge’s Iron Cap

News

Cardston, Alberta--(Newsfile Corp. - August 31, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the second set of results from the 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Deposit. Exploration at Treaty Creek is ongoing at Goldstorm and Eureka zones with six diamond drills now fully crewed. Results have recently been received from MSA Labs for nine diamond drill holes, which are presented below.

Treaty Creek drilling highlights include:

  • An exceptional extension of the 300 Horizon and CS600 to the northeast in hole GS-21-113 that contains 972.0 meters (m) of 1.265 g/t AuEq including 456.0 m of 1.352 g/t AuEq in the 300 Horizon and 405.0 m of 1.439 g/t AuEq in CS-600.
  • Strong, consistent mineralization in GS-21-112 which further extends DS-5 to the northwest with 219.0 m of 1.287 g/t AuEq including 79.5 m of 2.079 g/t AuEq or 156.0 m of 1.557 g/t AuEq.
  • Mineralization of the 300 Horizon in GS-21-111 totals 613.5 m of 0.869 g/t AuEq, which included an enriched section of 120.0 m averaging 1.974 g/t AuEq within 351.0 m of 1.253 g/t AuEq.
  • Near-surface gold mineralization continues along the SW trend for over a kilometer at Perfect Storm as PS-21-06 encountered 118.6 m of 0.721 g/t AuEq including 59.9 m of 0.927 g/t AuEq. The mineralized system appears to be gaining strength towards the Iron Cap Deposit approximately three kilometers to the southwest.
  • Strong copper mineralization was observed within CS-600 domain in GS-21-113 with 405 m averaging 0.618% Cu (6179 ppm Cu), with an enriched zone of 273 m averaging 0.845% Cu (8436 ppm Cu).
  • Goldstorm Deposit remains open in all directions and at depth as drilling continues.

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "We are extremely pleased with our continued success with our step-out drilling. Our goal is to find the limits to the Goldstorm Deposit and to advance the resources from our Initial Mineral Resource Estimate of 19.41 million gold equivalent (AuEq) ounces of Measured and Indicated grading 0.74 g/t AuEq and 7.9 million AuEq ounces of Inferred grading 0.79 g/t AuEq. We continue to intercept exceptional mineralization within the defined domains and consistently identify extensions to these domains particularly to the northeast and northwest as well as at depth. Due to the recent success with the Goldstorm results, drilling at the Perfect Storm Zone has been delayed as all drills are now required at Goldstorm to attempt to complete the planned drilling. As well, once we finish the current drill hole in progress at Eureka, that rig will be moved to Goldstorm to continue the step-out drilling to the northeast. We are very excited with the results from PS-21-06 at the Perfect Storm Zone as we again encountered significant near-surface gold mineralization, with 118.6 meters averaging 0.721 g/t AuEq, containing an uppermost portion averaging 0.927 g/t AuEq over 59.9 meters. We will plan for continued drilling at Perfect Storm once we delineate the northeastern limits to the Goldstorm Deposit. All three wide-spaced drill holes hit significant gold mineralization at Perfect Storm and have indicated gold mineralization along the SW axis for more than a kilometer. Only a very small portion of the Perfect Storm magnetic anomaly has been tested."

Walter Storm, President and CEO, states: "We are very excited to see the continuation of these exceptional drill results from our resource definition and exploration drilling program at Goldstorm. The northeastern step-out drilling of the 300 Horizon, CS-600 and DS-5 domains continues to demonstrate the robust nature of the Goldstorm Deposit. We continue to expand the size of the deposit with some of the best gold and copper results obtained to-date on the project. We expect this to translate to an upgrade of our mineral resource estimate. The results at Perfect Storm are very encouraging as well, since all three, 300-meter step-out holes hit a portion of the mineralized system. The potential for discovery of yet another large gold system at Perfect Storm remains great and our aggressive 300-meter step-out drilling to the southwest will continue as soon as we can add to our drilling personnel."

Darren Blaney, CEO of American Creek, states: "Another amazing set of Treaty Creek drill results including the best intercept to date and the continued expansion of the Goldstorm. The enriched copper zone within the CS-600 zone is significant and adds additional blue sky potential to the project.

Everyone associated with the project has done an exceptional job and is to be congratulated on this continued effort and success."

The complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively. Please click on the following link to view: Plan Map and Cross Sections for the drill holes reported in this news release.

Table l: Results Goldstorm Zone and Perfect Storm Zone Press Release August 30th, 2021

SectionHoleZoneFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu ppmAuEQ (g/t)
A - 320GS-21-106*300H73.5093.0019.500.7542.814230.792


300H177.00214.5037.500.4412.371590.487


300H291.00429.00138.000.4882.101010.525


including300.00343.5043.500.5513.142110.613


AND390.00427.5037.500.6393.11470.681
A - 320GS-21-106-W1300H0.00354.00354.000.7172.061690.761


including106.50316.50210.000.8682.021240.906


AND220.50316.5096.001.2582.401471.304
B - 320GS-21-111300H193.50807.00613.500.8022.752990.869


including324.00675.00351.001.1544.324091.253


AND325.50445.50120.001.8314.507721.974


CS6001123.501210.5087.000.6092.3223150.910


DS51317.001398.0081.000.6061.572090.649
116+50 NEGS-21-112DS5858.001077.00219.001.11511.702951.287


including891.001047.00156.001.38311.882981.557


AND967.501047.0079.501.83116.574392.076
116+50 NEGS-21-113300H + CS600255.001227.00972.000.913.6626471.265


including255.00711.00456.001.3013.341011.352


AND552.00699.00147.002.5557.04782.646


including822.001227.00405.000.6544.6461791.439


AND892.501165.50273.000.7715.5084361.833
B - 320GS-21-115300H114.50254.00139.500.5571.85980.590


including210.50254.0043.500.6823.341450.738



402.50852.50450.000.6442.851220.691


including402.50512.00109.501.0783.412201.144


AND612.50659.0046.500.981.541141.012


AND819.50852.5033.001.0072.44891.046
83+00 NEPS-21-04
174.00193.5019.500.5321.061240.559


AND244.50258.0013.500.1311.6812910.303


AND340.50356.7516.250.3221.211280.351
80+00 NEPS-21-05
105.00142.5037.500.2910.87959.660.308


AND241.50259.5018.000.2921.361230.322


AND277.50291.0013.500.2970.981490.327
77+50 NEPS-21-06
43.60162.20118.600.6643.96950.721


including43.60103.5059.900.8446.091050.927


AND310.70329.5018.800.4862.912660.552


AND390.00421.5031.500.9572.504421.039
* Hole shut down due to deviation and wedged to reach target (GS-21-106-W1)
  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1625/oz, Ag: $19/oz, Cu: $2.8/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.01169) + (Cu% x 1.1815). All metals are reported in USD and calculations do not consider metal recoveries.
  • True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

 

Table 2: Drill data for holes in Press Release August 30th, 2021

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
A - 320GS-21-106428354.66272668.51301.3295-50429
A - 320GS-21-106-W1428193.46272743.61060.9300-53972
B - 320GS-21-111428417.66272839.11323.4300-701431
116+50 NEGS-21-112429083.66273171.31223.9295-881107
115+50 NEGS-21-113428781.36273288.31344.9295-651500.55
B - 320GS-21-115428417.36272839.31323.4300-60895.7
83+00 NEPS-21-04427014.66270585.71530.8295-88531
80+00 NEPS-21-05426695.76270400.61562.0295-88525
77+50 NEPS-21-06426388.36270330.01609.8295-88522

 

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at:
Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators.

Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/94918

Cardston, Alberta--(Newsfile Corp. - August 4, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the first results for the 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Deposit. Results from seven diamond drill holes have recently been received from MSA Labs and are reported herein. Exploration at Treaty Creek is ongoing at Goldstorm, Perfect Storm and the Eureka zones with the recent arrival of the fifth and sixth drill rigs. Drilling has commenced at the Perfect Storm Zone with the fifth drill rig and the sixth drill rig has just arrived at the Eureka Zone awaiting the arrival of its drill crew. Click to view: Video outlining the 2021 Exploration Program at Treaty Creek

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "The 2021 drilling program at Treaty Creek has progressed very well with peripheral drilling at Goldstorm. We are consistently encountering strong sulphide mineralization along the limits of the three identified mineral resource domains, namely the 300 Horizon, CS-600 and DS-5 Zones. The Goldstorm Deposit remains open to expansion in all directions and at depth. In addition to potentially adding new gold equivalent (AuEq) ounces to the mineral resource, we will attempt to convert as much of the 7.9 million AuEq ounces of Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million ounces of AuEq. Concurrent with the definition and exploration drilling on the Goldstorm Deposit, one drill will continue with 300-meter (m) step-out holes at Perfect Storm and one drill will test the central area of the Eureka Zone. Exploration crews will also be working on new areas within the project area in order to define new drill targets."

Treaty Creek, Goldstorm Drilling Highlights include:

  • Very consistent, near-surface 300 Horizon intercepts such as GS-21-103 that intersected 801.0 meters of 0.704 g/t AuEq including a strong upper pulse of enrichment averaging 2.025 g/t AuEq over 75.0 meters or 168.0 meters of 1.391 AuEq.
  • An impressive 474.0 m intercept of DS-5 in hole GS-21-110 that averages 1.039 g/t AuEQ including 216.0 meters of 1.712 g/t AuEq or 130.5 meters of 2.389 g/t AuEq.
  • All drill holes hit significant gold mineralization (GS-21-107 was lost before encountering the DS-5 Zone and that hole will be re-drilled).
  • Goldstorm Deposit remains open in all directions and at depth as drilling continues.

The complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively. Please click on the following link to view: Plan Map and Cross Sections for holes GS-21-103 to GS-21-110

Table l: Results Goldstorm Zone Press Release August 3rd 2021

SectionHoleZoneFrom
(m)
To
(m)
Interval (m)Au
(g/t)
Ag
(g/t)
Cu ppmAuEQ (g/t)
108+00 NEGS-21-103300H27.00828.00801.000.6533.021390.704
Incl.93.00261.00168.001.2637.693211.391
or Incl.139.50214.5075.001.81512.895032.025
109+50 NEGS-21-104CS600174.00296.00122.000.3851.543270.441
Incl.174.00213.0039.000.5732.235170.660
or Incl.174.00204.0030.000.6332.704650.719
108+50 NEGS-21-105DS5211.00341.50130.500.4330.562160.465
Incl.215.50238.0022.500.8730.502590.910
112+00 NEGS-21-107*CS600116.60297.00180.400.3996.5519560.707
Incl.187.50228.0040.500.66612.3722271.074
113+50 NEGS-21-108CS600133.85312.00178.151.1154.0815011.340
Incl.186.00253.5067.501.3754.3814171.594
& Incl.270.00301.5031.502.4124.8110622.594
DS5759.00904.50145.500.86710.221151.000
Incl.796.50820.5024.001.72626.202892.066
108+00 NEGS-21-109300H118.50334.50216.000.6910.971470.720
Incl.160.50241.5081.000.9651.432131.006
or Incl.160.50174.0013.502.6484.049412.806
115+00 NEGS-21-110DS5598.501072.50474.000.9833.99751.039
Incl.853.501069.50216.001.6206.881011.712
or Incl.898.501029.00130.502.2857.831062.389

 * Lost drill hole prior to intersecting DS-5, will re-drill this hole.

  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals.
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1625/oz, Ag: $19/oz, Cu: $2.8/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.01169) + (Cu% x 1.1815). All metals are reported in USD and calculations do not consider metal recoveries.
  • True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

Table 2: Drill data for holes in Press Release August 3rd, 2021

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi
(ᵒ)
Dip
(ᵒ)
Depth
(m)
108+00 NEGS-21-103428355.16272668.21301.2295-64969
109+50 NEGS-21-104428823.96272571.81275.4295-90454
108+50 NEGS-21-105428769.46272531.11278.4295-88397
112+00 NEGS-21-107*428885.46272822.21250.1295-88359.3
113+50 NEGS-21-108428953.16272953.31238.2295-85939
108+00 NEGS-21-109428354.26272668.71301.3295-45927
115+00 NEGS-21-110429020.36273102.01230.2295-881089.25

* Lost drill hole prior to intersecting DS-5, will re-drill this hole.

Walter Storm, Tudor President and CEO, stated: "I am very pleased with the exceptional progress our exploration team has made with these initial results from the resource definition and exploration drilling program. Continued drilling will broaden our understanding of the 300, CS-600 and DS-5 domains and hopefully will further increase the size and quality of the Goldstorm Deposit beyond our expectations. Despite having an exceptionally high snowpack this year, minor delays were encountered as crews patiently and safely removed unexpected amounts of snow accumulation. The safety of our crews and of our contractors is our highest priority. In addition to the exploration program, our base-line studies are also proceeding as planned with the installation of a climate monitoring station and on-going environmental studies. We look forward to providing new drilling updates throughout this year's work program."

"Tudor Gold Corp. and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers."

Darren Blaney, CEO of American Creek commented: "What a fantastic way to start the 2021 drill program. More Goldstorm expansion with more very impressive drill intersections."

"We would like to commend the efforts of Walter Storm, Ken Konkin and the team at Tudor Gold, as well as More Core Drilling. We have utmost confidence in the exploration team and very much look forward to ongoing Goldstorm expansion as well as the very real potential of new discoveries."

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's Vice President of Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for their disclosure contained in their news release.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudor's information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators.

Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/92030

Cardston, Alberta--(Newsfile Corp. - June 8, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased that their JV partner, Tudor Gold, has announced that two additional drill rigs have arrived at Treaty Creek (the "Project"), located in the heart of the Golden Triangle, Northwestern British Columbia. Diamond drilling continues with four rigs on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project, located five kilometres to the southwest. Excellent progress has been made during the first two weeks of drilling on the fully funded 30,000 metre, Phase l exploration program (the "Program"). This deposit delineation and property exploration program will utilize up to six drills.

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Sulphurets Hydrothermal System

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Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "Despite higher than normal snowpack levels, crews have rapidly advanced the excavation of snow to expose drill sites allowing four diamond drill rigs to begin operations. We plan to prepare pad sites at other targets such as Perfect Storm (PSZ) and Eureka this month and will bring in two additional diamond drill rigs.

We are excited about drilling these promising new targets, however, the priority of our exploration program is to define the limits of the Goldstorm Deposit, as it currently remains open to expansion in all directions and at depth. In addition to potentially adding new gold equivalent (AuEq) ounces to the resource we will attempt to convert as much of the 7.9 million AuEq ounces of Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million AuEq ounces. Concurrent with the drilling program, environmental base-line studies continue, including our water-sampling programs and installation of a weather monitoring station near our lower exploration camp.

Tudor Gold Corp. and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers."

Walter Storm, President and CEO, stated: "I am very pleased with the safe start-up of the 2021 exploration program at our flagship Treaty Creek Project thanks to the hard work and perseverance of our crew members. We look forward to increasing the pace and performance of this year's Program by expanding the number of drilling rigs at the Treaty Creek property. This start will help us complete the required drilling necessary to potentially expand and update the current resource estimate. The goal is to complete an updated Resource Estimate for the Goldstorm Deposit in 2022. We feel confident this will allow us to advance the Project with a Preliminary Economic Assessment study planned for 2022."

Darren Blaney, American Creek Resources CEO, stated: "We were very excited to see drilling resume at Treaty Creek a couple of weeks ago and now the addition of two more drills this early in the season. For the last two years, Ken Konkin has consistently met or exceeded Tudor's goals and objectives and this year is proving to be no exception. The plans to significantly advance Treaty Creek in 2021 (see details in Tudor's Corporate Presentation) are right on schedule and we have every confidence in Tudor's ability to do so."

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's Vice President Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators.

Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/86860

Cardston, Alberta--(Newsfile Corp. - May 26, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce the commencement of the 2021 exploration program at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling has begun on the Goldstorm Deposit, which is on-trend from Seabridge Gold's KSM Project located five kilometers to the southwest. The first two drills have arrived and have begun drilling the 30,000 meter, fully funded, Phase l exploration program. Six drills will be used for this deposit delineation and property exploration program.

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Image of the 2020 Treaty Creek Exploration Camp

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Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "Crews have been on site for several weeks preparing our drill camp and our lower exploration camp to receive our first two drill teams. This season had a remarkably deep snowpack compared to that of previous years. Our crews took advantage of the high snow level and excellent weather conditions during April and May to transport heavy equipment and drilling supplies to our site utilizing the South Treaty Glacier route. Avalanche technicians safely guided the convoy of equipment over the pass that connects to the Pretium Resources' Knipple Glacier ice road.

The priority of our exploration program this year is to define the limits of the Goldstorm Deposit, as it currently remains open to expansion in all directions and at depth. Furthermore, we will attempt to convert as much of the 7.9 million ounces of gold equivalent (AuEq) Inferred Resources to the Measured and Indicated Resource categories that currently total 19.41 million ounces of AuEq. In addition to drilling at Goldstorm (GS), we will also continue our drilling at Perfect Storm (PSZ) and other targets, including the Eureka Zone (EZ). Approximately 90% of the planned drilling will be undertaken at Goldstorm while two 300-meter southwestern step-out holes are initially planned for Perfect Storm, and one hole at Eureka. We expect to add two more drills in the following week."

Tudor Gold Corp and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those workers who are at the project site and staging site, we have strict daily monitoring of the workers' temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going workers of all Tudor personnel and all service providers.

Walter Storm, Tudor Gold President and CEO, stated: "We are all very pleased to see the safe start-up of the 2021 exploration program thanks to the hard work and dedication of our crews. I would also like to thank our good neighbours along our southern boundary; we very much appreciate the management and staff at Pretium Resources for their assistance and permission to transport vital heavy equipment and drill supplies to our site from their Brucejack Mine access road. Last year we completed our most successful exploration season at Treaty Creek, which provided the results for our Initial Mineral Resource Estimate. Our goal this year is to complete the drilling of the Goldstorm Deposit to hopefully expand and finalize the Mineral Resource Estimate. With this, we can then proceed with a Preliminary Economic Assessment (PEA) for 2022. We also have several high-level targets to explore at Treaty Creek, with the goal of identifying the nature and grade of gold distribution within the Perfect Storm and Eureka targets."

Darren Blaney, American Creek Resources CEO, states: "We are very excited to see drilling resume at Treaty Creek and look forward to a busy summer for Tudor Gold and their team. Following an exceptional program last year, we look forward to more of the same. Treaty Creek has become such a remarkable project. Getting off to an early start in 2021 was eagerly anticipated by management and shareholders."

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is the Company's Vice President Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators.

Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/85302

Cardston, Alberta--(Newsfile Corp. - April 26, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce that it's JV partner Tudor Gold Corp. has filed a Technical Report (the "Report") which includes the Initial Mineral Resource Estimate for the Goldstorm and Copper Belle zones at the Treaty Creek project (the "Property"), located within the heart of the Golden Triangle of northwestern British Columbia and on trend from Seabridge's KSM project located five kilometres southwest. The Report is titled "Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia, Canada", dated April 23, 2021, with an Effective Date of March 1, 2021. The summary results of the Report were previously announced in the Corporation's news release dated March 9th, 2021 and there are no material differences in the Mineral Resources between the Report and the previous news release.

The Report, prepared for Tudor Gold by P&E Mining Consultants Inc. (P&E), is available under Tudor Gold's profile on SEDAR at www.sedar.com or from Tudor's website at www.tudor-gold.com.

Highlights of the March 2021 Mineral Resource Estimate:

  • 19.41 million ounces of Measured and Indicated gold equivalent ounces ("AuEq") at an average grade of 0.74 gpt AuEq is estimated for the Goldstorm-Copper Belle deposits.

  • 14.15 million ounces of Measured and Indicated gold equivalent ounces ("AuEq") at an average grade of 0.72 gpt AuEq is within a constraining open-pit shell and 5.26 million Measured and Indicated AuEq ounces at an average grade of 0.80 gpt AuEq is for the out-of-pit Mineral Resources.

  • Cut-off grades of 0.30 gpt AuEq were used inside the constraining open-pit shell Mineral Resource Estimate and a higher cut-off grade of 0.46 gpt AuEq was used for the out-of-pit Mineral Resource Estimate which includes underground constrained blocks.

  • The Goldstorm Zone remains open to the northeast, to the southeast and down dip at depth to the northwest.

  • A total of 218 drill holes, totalling 105,658.8 metres, were reviewed for the Mineral Resource Estimate completed by P&E. Many of these holes are outside the Goldstorm-Copper Belle deposits and were not used in the Mineral Resource Estimate. The Goldstorm-Copper Belle area has 132 holes.

  • The classifications of Measured, Indicated and Inferred Mineral Resources for gold, silver, copper and gold-equivalents, and their respective tonnages are listed in Table 1 below. In addition to the 17.33 million ounces of gold in Measured and Indicated Mineral Resources and 7.22 million ounces of gold in Inferred Mineral Resources, there are 93.41 million ounces of silver estimated as Measured and Indicated Mineral Resources, with an additional 40.57 million ounces of silver in Inferred Mineral Resources. The Measured and Indicated Mineral Resources are also estimated to contain 1.096 billion pounds of copper, with an additional 330 million pounds of copper in Inferred Mineral Resources.

  • A bulk density of 2.80 t/m3` was based on measurements of samples collected by P&E during their field visits.

  • 5m x 5m x 5m three-dimensional block modelling was used for the Mineral Resource Estimate.

  • Measured Mineral Resources are defined by four or more drill holes within 100 metres; Indicated Mineral Resources are defined by four or more drill holes within 200 metres.

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Treaty Creek Initial Mineral Resource Estimate Summary

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  1. Mineral Resources are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. There is no certainty that Mineral Resources will be converted to Mineral Reserves.
  2. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.
  3. The Mineral Resources in this news release were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.
  4. Metal prices used were US$1,625/oz Au, US$19/oz Ag, US$2.80/lb Cu with process recoveries of 88% Au, 30% Ag and 80% Cu. A C$16.50/tonne process and C$2 G&A cost were used.
  5. The constraining pit optimization parameters were C$2.50/t mineralized and waste material mining cost and 50-degree pit slopes with a 0.30 gpt AuEq cut-off.
  6. The out-of-pit parameters were at a C$10/t large scale bulk mining cost. The out-of-pit Mineral Resource grade blocks were quantified above the 0.46 gpt AuEq cut-off, below the constraining pit shell and within the constraining mineralized wireframes. Out-of-Pit Mineral Resources exhibit continuity and reasonable potential for extraction by a bulk underground mining method.

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified reference materials and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Corporation.

Qualified Person

Eugene Puritch, P.Eng., FEC, CET president of P&E Mining Consultants Inc. is the Qualified Person, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, who has reviewed and approved the scientific and technical disclosure in this news release. Mr. Puritch is independent of the Corporation.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators.

Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/81692

Cardston, Alberta--(Newsfile Corp. - March 9, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Company") is pleased to present results of the Initial Mineral Resource Estimate for the Goldstorm and Copper Belle Zones at their flagship property, Treaty Creek. The Property is located within the heart of the Golden Triangle of Northwestern British Columbia which is on-trend from Seabridge's KSM Project located five kilometres southwest of the Goldstorm Zone. A total of 218 drill holes totaling 105,658.8 metres were used in the Mineral Resource Estimate completed by P&E Mining Consultants Inc. (P&E). The constraining open-pit shell contains 14.15 million ounces of Measured and Indicated gold equivalent ounces ("AuEq") at an average grade of 0.72 gpt AuEq and 5.26 million Measured and Indicated AuEq ounces at an average grade of 0.80 gpt AuEq for the out-of-pit Mineral Resources. Cut-off grades of 0.30 gpt AuEq were used inside the constraining open-pit shell and a higher cut-off grade of 0.46 gpt AuEq was used for the out-of-pit Mineral Resource Estimate which includes underground constrained blocks. The Goldstorm Zone remains open in all directions and at depth. The effective date of the Mineral Resource Estimate is March 1, 2021. A Technical Report prepared in accordance with National Instrument 43-101, Standards of Disclosure for Mineral Projects, will follow within 45 days of this news release and this will be posted on SEDAR and the Company's website.

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., stated: "We are very pleased with the results obtained from our Initial Mineral Resource Estimate. Only 10-12 % of the gold equivalent values are attributed to silver and copper mineralization indicating a strong gold-dominate system. However, due to the immense volume of the system, it contains large quantities of silver and copper. Further studies are required to investigate the potential economic impact of these two metals. Our preliminary metallurgical test work shows excellent gold recoveries to a gravity + flotation concentrate. From four composite tests, gold recoveries averaged 96.2% in pyrite concentrates with overall gold recoveries after concentrate extraction expected to be on the order of 88%. The mineralogical studies also demonstrated that no deleterious elements such as As, Sb or Hg were detected within the Goldstorm and Copper Belle Zones. The four tests were carried out by BV Minerals Metallurgical Division and supervised by metallurgical consultant Frank Wright, P.Eng.

Our plans for 2021 are to complete the drilling of the Goldstorm Zone; to define the limits of the 300 Horizon, the CS-600 and DS-5 Zones. In-addition, diamond drilling is planned for the Eureka and Perfect Storm Zones. We believe that the Treaty Creek Property contains excellent potential for continued discovery of gold-silver-copper systems such as Goldstorm."

Mineral Estimate Highlights include:

  • The classifications of Measured, Indicated and Inferred Mineral Resources for gold, silver, copper and gold-equivalents and their respective tonnage are listed in Table 1 below. In addition to the 17.33 million ounces of gold Measured and Indicated Mineral Resource and 7.22 million ounces of gold Inferred Mineral Resource, there are 93.41 million ounces of silver estimated as Measured and Indicated Mineral Resources with an additional 40.57 million ounces of Inferred silver Mineral Resource. The Measured and Indicated Mineral Resource also estimates 1.096 billion pounds of copper with an additional 330 million pounds of copper as an Inferred Mineral Resource.
  • A bulk density of 2.80 t/m3 was based on measurements taken by P&E during their field visits.
  • 5m x 5m x 5m three-dimensional block model was used for the Mineral Resource Estimate. Measured Mineral Resources are informed by four of more drill holes within 100 metres; Indicated Mineral Resources are informed by four of more drill holes within 200 metres.

TABLE 1: INITIAL MINERAL RESOURCE ESTIMATE SUMMARY

Pit Constrained Mineral Resource Estimate
ClassificationCut-Off
AuEq gpt
Tonnes MillionAu
gpt
Ag
gpt
Cu
%
AuEq gptAu
M oz
Ag
M oz
Cu
M lb
AuEq
M oz
Measured0.30283.20.712.90.030.766.4925.96187.36.89
Indicated0.30326.60.593.50.080.696.2137.25583.27.26
Meas & Ind0.30609.80.653.20.060.7212.7063.20770.514.15
Inferred0.30139.40.723.60.040.773.2216.29113.73.46











Out-of-Pit Mineral Resource Estimate











ClassificationCut-Off
AuEq gpt
Tonnes MillionAu
gpt
Ag
gpt
Cu
%
AuEq gptAu
M oz
Ag
M oz
Cu
M lb
AuEq
M oz
Measured0.4615.40.713.90.060.790.351.9519.00.39
Indicated0.46190.50.704.60.070.804.2828.26306.64.88
Meas & Ind0.46205.90.704.60.070.804.6330.21325.65.26
Inferred0.46172.30.724.40.060.804.0024.28216.54.43











Total Mineral Resource Estimate











ClassificationCut-Off
AuEq gpt
Tonnes MillionAu
gpt
Ag
gpt
Cu
%
AuEq gptAu
M oz
Ag
M oz
Cu
M lb
AuEq
oz
Measured0.30 & 0.46298.60.712.90.030.766.8427.91206.37.28
Indicated0.30 & 0.46517.10.633.90.080.7310.4965.50889.812.13
Meas & Ind0.30 & 0.46815.70.663.60.060.7417.3393.411,096.119.41
Inferred0.30 & 0.46311.70.724.00.050.797.2240.57330.27.90

 

  1. Mineral Resources are not Mineral Reserves do not have demonstrated economic viability. The estimate of Mineral Resources may be materially affected by environmental, permitting, legal, title, taxation, socio-political, marketing, or other relevant issues. There is no certainty that Mineral Resources will be converted to Mineral Reserves.
  2. The Inferred Mineral Resource in this estimate has a lower level of confidence than that applied to an Indicated Mineral Resource and must not be converted to a Mineral Reserve. It is reasonably expected that the majority of the Inferred Mineral Resource could be upgraded to an Indicated Mineral Resource with continued exploration.
  3. The Mineral Resources in this news release were estimated in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), CIM Standards on Mineral Resources and Reserves, Definitions (2014) and Best Practices Guidelines (2019) prepared by the CIM Standing Committee on Reserve Definitions and adopted by the CIM Council.
  4. Metal prices used were US$1,625/oz Au, US$19/oz Ag, US$2.80/lb Cu with process recoveries of 88% Au, 30% Ag and 80% Cu. A C$16.50/tonne process and C$2 G&A cost were used.
  5. The constraining pit optimization parameters were C$2.50/t mineralized and waste material mining cost and 50-degree pit slopes with a 0.30 gpt AuEq cut-off.
  6. The out-of-pit parameters were at a C$10/t large scale bulk mining cost. The out-of-pit Mineral Resource grade blocks were quantified above the 0.46 gpt AuEq cut-off, below the constraining pit shell and within the constraining mineralized wireframes. Out-of-Pit Mineral Resources exhibit continuity and reasonable potential for extraction by a bulk underground mining method.

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FIGURE 1 (View looking NNE): Image of the 3D Constraining Pit Shell showing the 300 Horizon (Purple), CS-600 Zone (Red) DS-5 Zone (Orange) and Copper Belle (Blue).

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Walter Storm, President and CEO, stated: "We are extremely pleased with our exploration efforts and the resulting Initial Mineral Resource Estimate indicating that Treaty Creek could be one of the world's largest gold discoveries of the decade. We completed a very difficult exploration year under strict COVID-19 protocols and maintained an excellent safety record. The Goldstorm Zone remains open on all fronts and to depth, and our priority for 2021 will be to complete the drilling to the Northeast and Southeast limits as well as to depth. The objective will be to convert as much of the 7.9 million ounces of Inferred Mineral Resource averaging 0.79 gpt AuEq to Measured and Indicated Resource classifications, in addition to finding the limits to the mineralized zones within the Goldstorm Zone. Our geological team is currently planning the 2021 exploration program that will also include drilling of the newly discovered Perfect Storm Zone as well as the Eureka Zone. The goal is to add to the current Au-Ag-Cu Mineral Resource of Treaty Creek".

Darren Blaney, CEO of American Creek, commented: "We are thrilled with this initial resource estimate as it not only ranks as one of the largest gold discoveries in the past decade, but is also the reward for many years of perseverance, dedication and effort by all involved. We wish to congratulate and thank the Tudor Gold team and More Core drilling team for their expertise and dedication in making this possible. We also sincerely thank our shareholders for their significant and ongoing support over the years and we are excited to share in this accomplishment together. Equally exciting is that the Goldstorm zone remains open in all directions and at depth. Further, there is significant potential for other discoveries on the property with Tudor now formulating plans to drill those areas in the upcoming drill program."

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FIGURE 2: Sulphurets Hydrothermal System

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QA/QC

Drill core samples were prepared at the MSA Laboratories ("MSA") Preparation facility in Terrace, BC and assayed at MSA's Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the International Standards ISO 17025 and ISO 9001. MSA is independent of the Company.

Qualified Person

Eugene Puritch, P.Eng. of P&E Mining Consultants Inc. is the Qualified Persons, as defined in National Instrument 43-101 Standards of Disclosure for Mineral Projects, who have reviewed and approved of the scientific and technical disclosure in this news release. Mr. Puritch is independent of the Company.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudor's information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

About American Creek

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

The Company has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

This news release contains "forward-looking information" within the meaning of applicable Canadian Securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future, including Tudor Gold's plan to file a technical report within 45 days of this news release, the plan for Tudor Gold to complete the drilling of the Goldstorm Zone and define the limits of the 300 Horizon, the CS-600 and DS-5 Zones and the plan to drill the Perfect Storm Zone and the Eureka Zone in 2021. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connotation thereof.

Such forward-looking information and statements are based on numerous assumptions, including among others, that Tudor Gold will file a technical report within 45 days of this news release, that Tudor Gold will complete the drilling of the Goldstorm Zone and will define the limits of the 300 Horizon, the CS-600 and DS-5 Zones and that Tudor Gold will drill the Perfect Storm Zone and the Eureka Zone on the timeline anticipated by management. Although the assumptions made by the Company in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company's plans or expectations include that Tudor Gold will not file a technical report within 45 days of this news release or at all, that Tudor Gold will not complete the drilling of the Goldstorm Zone and will be unable to define the limits of the 300 Horizon, the CS-600 and DDS-5 Zones and Tudor Gold will not drill the Perfect Storm Zone and the Eureka Zone on the timeline anticipated by management or at all and other risks detailed herein and from time to time in the filings made by the Company with securities regulators.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information.

The Company expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76626

Cardston, Alberta--(Newsfile Corp. - March 5, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("American Creek") ("the Company") is pleased to announce that the new Spinout company, Stinger Resources Inc. is now trading on the TSX Venture Exchange under the symbol STNG.

American Creek also today announced that it has granted 6,300,000 incentive stock options under the Corporation's stock option plan to certain Directors, Officers and contractors of the Corporation. The options were granted at a deemed price of $0.32 and are exercisable until March 4, 2031. The incentive options are subject to a hold period of four months and a day from issuance.

The granting of options is subject to approval by the TSX Venture Exchange.

About American Creek

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

The Company has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle". The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76221

Cardston, Alberta--(Newsfile Corp. - March 5, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("American Creek") ("the Company") today announced that Sean Pownall is resigning from the American Creek Board of Directors effective at the close of business today. Mr. Pownall will remain on the Stinger Resources Inc. Board of Directors.

Darren Blaney, CEO of American Creek stated: "We very much appreciate Sean's value and contribution to the American Creek board over the years. Among other accomplishments, we recognize his significant efforts in the successful exploration and ongoing development of the Treaty Creek JV project. He is a "Get it Done" type of individual with strong commitment and dedication and we have been fortunate to work closely with him. We look forward to his involvement in the future advancement of newly formed Spinout company Stinger Resources Inc., which commenced trading today."

About American Creek

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

The Company has an interest in the Treaty Creek property, a joint venture project with Tudor Gold/Walter Storm located in BC's prolific "Golden Triangle". The Treaty Creek Project is a Joint Venture with Tudor Gold owning 60% and acting as operator. American Creek and Teuton Resources each have 20% interests in the project. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/76272

Cardston, AB - Stinger Resources Inc. (TSX-V: STNG) (the “Company” or “Stinger”) is pleased to announce that it has now received final approval from the TSX Venture Exchange and its common shares will commence trading on Friday, March 5, 2021, under the symbol “STNG”. 

Darren Blaney, Chief Executive Officer of Stinger stated the following: “We are very pleased to have successfully completed this Spinout transaction. We again thank all of the American Creek shareholders for their confidence and support over the years and we look forward to that support continuing to be rewarded as we anticipate the future success of American Creek as well as newly launched Stinger.”

About Stinger Resources Inc.:

Stinger holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located near Stewart in the prolific “Golden Triangle”.

The Company also holds the D1 McBride project, also located in the “Golden Triangle”.

In addition, Stinger owns the Gold Hill project located near Fort Steele, as well as optioned interests in the Ample Goldmax, Silver Side and Glitter King properties, all of which are located in other prospective areas of the Province of British Columbia.

ON BEHALF OF STINGER RESOURCES INC.

"Darren Blaney"
Darren Blaney, President & CEO

For further information please contact Kelvin Burton at:
Phone: 587-271-0999
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Further information about Stinger can be found on its website at: www.stingerresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans” or variations of such words and phrases or statements that certain actions, events or results “will” occur). Such forward-looking information involves known and unknown risks that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Stinger does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

Cardston, Alberta--(Newsfile Corp. - February 25, 2021) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") and Stinger Resources Inc. ("Stinger") are pleased to announce that further to American Creek's press release dated February 16, 2021, the plan of arrangement spinout transaction (the "Arrangement") has closed effective February 25, 2021 (the "Effective Date").

Completion of the Arrangement, as set forth in the amended and restated arrangement agreement dated October 2, 2020 (the "Arrangement Agreement"), entered into between American Creek and Stinger, was approved by the shareholders of American Creek (the "AMK Shareholders") on December 3, 2020, by a Final Order granted by the Supreme Court of British Columbia on December 7, 2020, in accordance with Part 9 of the Business Corporations Act (British Columbia), and accepted by the TSX Venture Exchange (the "TSXV").

Pursuant to the Arrangement Agreement and on the Effective Date:

  • American Creek transferred the following assets to Stinger in consideration for 45,000,389 common shares of Stinger (the "Stinger Shares"):

    • the three (3) mineral properties commonly referred to as the Dunwell Property, the Gold Hill Property and the D1 McBride Property;

    • optioned interests in the three (3) mineral properties commonly referred to as the Silver Side Property, the Ample Goldmax Property and the Glitter King Property;

    • 1,400,499 common shares of Tudor Gold Corp;

    • $2,500,000 cash;

    • the right to receive additional cash in the event previously issued American Creek share purchase warrants are exercised after the Effective Date;

    • the real property located at #92 - 2nd Avenue West, Cardston, Alberta T0K 0K0, and all leasehold improvements related thereto and office furniture, computers and other equipment therein; and

    • vehicles and an assortment of exploration equipment.

  • the existing common shares of American Creek were re-designated as American Creek Class A Shares (the "AMK Class A Shares") and American Creek created a new class of common shares known as the "New AMK Common Shares";

  • each AMK Class A Share was exchanged for one New AMK Common Share and 0.11324 of one Stinger Share;

  • the AMK Class A Shares were cancelled;

  • all outstanding American Creek warrants were adjusted to allow holders to acquire, upon exercise, one New AMK Common Share and 0.11324 of one Stinger Share, such that an aggregate of 4,636,030 Stinger Shares may be issued if all outstanding warrants are exercised;

  • all holders of the outstanding American Creek options received 0.11324 of one Stinger option with whole option entitling the holder therefore to purchase one Stinger Share, such that an aggregate of 3,782,213 Stinger Shares may be issued if all such options are exercised;

  • Stinger became a reporting issuer in British Columbia, Alberta, Saskatchewan and Ontario; and

  • American Creek retained its interests in the Treaty Creek Property and the Austruck-Bonanza Property and approximately $2 million cash for working capital, and remains listed on the TSXV and continues to trade under the trading symbol "AMK" as a junior exploration company.

The CUSIP number for the New American Creek Shares is 025288309.

The CUSIP number for the Stinger Shares is 860836105.

As of the Effective Date, the board of directors, officers and audit committee members of Stinger are as follows:


 Name of Director or Officer:   Position(s) with Stinger:
 Darren Blaney   CEO, President, Director & member of audit committee
 Robert Edwards  CFO, Corporate Secretary & Director
 Dennis Edwards  Director & member of audit committee
 Jeremy Gibb   Director & member of audit committee
 Sean Pownall   Director

 

For more information on the Arrangement, see American Creek's management information circular dated October 29, 2020 filed under American Creek's profile on SEDAR at www.sedar.com.

Stinger has received conditional approval to list the Stinger Shares on the TSXV. Final listing approval will be subject to Stinger satisfying all of the listing conditions of the TSXV. Stinger will announce by way of a further press release the date on which trading of the Stinger Shares will commence, which is expected to be in the first week of March, 2021. The trading symbol for the Stinger Shares will be "STNG". Further details regarding Stinger will be contained in Stinger's TSX-V Form 2B Listing Application, which is expected to be made available under Stinger's profile on SEDAR at www.sedar.com on February 25, 2021.

Darren Blaney, Chief Executive Officer of American Creek stated the following: "We are very pleased to have successfully completed this Spinout transaction. We again thank all of our shareholders for their confidence and support over the years and we look forward to that support continuing to be rewarded as we anticipate the future success of both companies."

About American Creek Resources Ltd:

American Creek holds interests in gold properties in British Columbia, including the Treaty Creek joint venture project with Tudor Gold (Walter Storm) which is located in the prolific "Golden Triangle", and the Austruck-Bonanza property located near Kamloops.

About Stinger Resources Inc.:

Stinger holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located in the prolific "Golden Triangle". In addition, Stinger owns the Gold Hill and D1 McBride properties, as well as optioned interests in the Ample Goldmax, Silver Side and Glitter King properties, all of which are located in other prospective areas of the Province of British Columbia.

ON BEHALF OF AMERICAN CREEK RESOURCES LTD.

"Darren Blaney"
Darren Blaney, President & CEO

ON BEHALF OF STINGER RESOURCES INC.

"Robert Edwards"
Robert Edwards, CFO

For further information please contact Kelvin Burton at:
Phone: 403 752-4040; or
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Information relating to American Creek is available on its website at www.americancreek.com

Information relating to Stinger will soon be available on its newly launched website at www.stingerresources.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., "expect"," estimates", "intends", "anticipates", "believes", "plans" or variations of such words and phrases or statements that certain actions, events or results "will" occur). Forward-looking statements in this press release include, but are not limited to, statements regarding the completion of the Arrangement and final regulatory approval to the listing of the Stinger Shares. Such forward-looking information involves known and unknown risks -- including the Arrangement not being completed; the Stinger Shares not being listed on the TSXV; the availability of funds; the results of financing and exploration activities; unanticipated costs, expenses, or liabilities associates with the Arrangement; the interpretation of exploration results and other geological data; or unanticipated costs and expenses and other risks identified by American Creek in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. American Creek does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/75502

Cardston, Alberta--(Newsfile Corp. - February 16, 2021) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the "Arrangement") with Stinger Resources Inc. ("Stinger") is expected to occur at 12:01 a.m. on February 25, 2021 (the "Effective Date"). Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an "American Creek Share") and 0.11324 of a Stinger common share (each, a "Stinger Share"). The existing common shares of American Creek are expected to be delisted on the TSX Venture Exchange (the "TSXV") as of the close of business on February 24, 2021. American Creek Shares are expected to commence trading on the TSXV at the market opening on February 25, 2021. The CUSIP numbers for the new American Creek Shares and the Stinger Shares will be 025288309 and 860836105, respectively.

Olympia Trust Company ("Olympia Trust") will forward replacement certificates to each American Creek shareholder that is entitled to receive certificates, representing their allotted number of new American Creek Shares and Stinger Shares in accordance with the Arrangement. Letters of transmittal have been mailed to registered holders of common shares of American Creek, which must be completed and returned to Olympia Trust together with the share certificates of American Creek at the address specified in the letter of transmittal, in order for American Creek shareholders to receive new American Creek Shares and Stinger Shares following the Effective Date. A copy of the letter of transmittal is also available under the Company's profile on SEDAR at www.sedar.com. For more information, see the Company's management information circular dated October 29, 2020 filed under the Company's profile on SEDAR at www.sedar.com.

Stinger has received conditional approval to list the Stinger Shares on the TSXV. Final listing approval will be subject to Stinger satisfying all of the listing conditions of the TSXV. Stinger will announce by way of a further press release the date on which trading of the Stinger Shares will commence, which is expected to be in the first week of March, 2021. The trading symbol for the Stinger Shares will be "STNG". Further details regarding Stinger will be contained in Stinger's TSX-V Form 2B Listing Application, which is expected to be made available under Stinger's profile on SEDAR at www.sedar.com on February 25, 2021.

Darren Blaney, Chief Executive Officer of American Creek, stated the following: "We are very pleased to be able to get this Spinout transaction finalized. We appreciate those that have worked so diligently through extraordinary circumstances and associated additional challenges related to Covid with all of the various management, regulatory, legal, accounting, and geological components that are involved in successfully completing such an undertaking. We believe that this Spinout transaction will create significant shareholder value as each shareholder of American Creek will now also be able to participate in the advancement and future successes of Stinger."

About American Creek Resources Ltd:

American Creek holds interests in gold properties in British Columbia, including the Treaty Creek joint venture project with Tudor Gold (Walter Storm) which is located in the prolific "Golden Triangle", and the Austruck-Bonanza property located near Kamloops.

About Stinger Resources Inc.:

Stinger holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located in the prolific "Golden Triangle". In addition, Stinger owns the Gold Hill and D1 McBride properties, as well as optioned interests in the Ample Goldmax, Silver Side and Glitter King properties, all of which are located in other prospective areas of the Province of British Columbia.

ON BEHALF OF AMERICAN CREEK RESOURCES LTD.

"Darren Blaney"
Darren Blaney, President & CEO

ON BEHALF OF STINGER RESOURCES INC.

"Robert Edwards"
Robert Edwards, CFO

For further information please contact Kelvin Burton at:
Phone: 403 752-4040; or
Email: This email address is being protected from spambots. You need JavaScript enabled to view it.

Information relating to American Creek is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward-looking terminology (e.g., "expect"," estimates", "intends", "anticipates", "believes", "plans" or variations of such words and phrases or statements that certain actions, events or results "will" occur). Forward-looking statements in this press release include, but are not limited to, statements regarding the completion of the Arrangement and final regulatory approval to the listing of the Stinger Shares. Such forward-looking information involves known and unknown risks -- including the Arrangement not being completed; the Stinger Shares not being listed on the TSXV; the availability of funds; the results of financing and exploration activities; unanticipated costs, expenses, or liabilities associates with the Arrangement; the interpretation of exploration results and other geological data; or unanticipated costs and expenses and other risks identified by American Creek in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release. American Creek does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/74691

Cardston, Alberta--(Newsfile Corp. - January 7, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is very pleased to present results for the last set of 2020 diamond drill holes for the Goldstorm Zone at their JV flagship property, Treaty Creek. The project is located within the heart of the Golden Triangle of Northwestern British Columbia which is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Zone. Results from sampling of 9,621.7 meters of HQ and NQ2 core, from 11 diamond drill holes, have recently been received from MSA Labs. American Creek's JV partner, Tudor Gold has completed 50 diamond drill holes at the Goldstorm System (GS) and three diamond drill holes at the Perfect Storm Zone (PSZ), for respective totals of approximately 44,000 meters (GS) and 1,600 meters (PSZ) during the 2020 exploration season. It was necessary to abandon two of the final drill holes as ground conditions prevented the safe completion of GS-20-99 and GS-20-101 late in the season, however, significant gold and silver mineralization was encountered in GS-20-99 (0.647 gpt AuEq over 109.5 meters) and this hole ended in strong stockwork within the DS5 System. Unfortunately drill hole GS-20-101 was abandoned before intersecting the area of the intended target and this hole will be re-drilled in 2021. From the remaining 51 drill holes, all but one were successful in intersecting the intended targets.

Tudor Gold's Vice President of Project Development, Ken Konkin, P.Geo., stated: "We are very pleased with the results obtained from our 2020 exploration program and we anticipate the completion of an initial resource estimate over the next few months. We are also determined to continue the exploration efforts in 2021 to better define and potentially expand the Goldstorm and Perfect Storm Systems. It was not possible to attempt drilling at some of our high priority exploration targets due to the rapid accumulation of snow in late November and December that caused avalanche hazards, therefore, these sites remain as excellent drill targets. We have since received our explosives permit and have purchased an explosives magazine so our avalanche teams can now safely remove snow build-up for the up-coming exploration season. Our goal is to again have a late spring start-up so that we can effectively prepare the slopes to allow drilling in the northeast area of the Goldstorm System that was not completed in 2020. The Au-Ag-Cu mineralization remains open to the northeast and to the southeast, with the possible exception of section 114+00 NE, where the easternmost drill hole (GS-20-102) may have defined the southeast limit in that area."

Goldstorm Highlights include:

  • Eleven diamond drill holes in this news release totaling 9,621.7 meters; the favorable composite results are listed in Table 1 below.
  • Best near-surface intercept was from the 300 Horizon in GS-20-91 on Section 112+50 NE that averaged 0.856 gpt AuEq over 1033.5 meters (60.0-1093.5 m) containing an enriched portion of 532.5 meters (60.0-592.5 m) that averaged 1.112 gpt AuEq.
  • GS-20-92 also had a remarkable 82.5 meter intercept (213.0-295.5 m) of 3.286 gpt AuEq within the 300 Horizon, which is the highest grade gold composite interval drilled to date on the project. This lies within a longer intercept of 531.0 meters (90.0-621.0 m) averaging 0.999 gpt AuEq.
  • An aggressive 150 meter step-out drill hole (GS-20-99) extended the DS-5 Zone further to southeast on section 115+50 NE. The intercept averaged 0.647 gpt AuEq over 109.5 meters (855.5-965.0 m). The hole was lost at 965.0 meters in strong stockwork and DS5-type mineralization. The system remains open to the northeast and southeast along Section 115+50 NE.

The following two tables below provide the complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth.

Table l: Gold equivalent composite values from eleven Goldstorm Zone drill holes

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Table 1

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  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

Table ll: Drill Data for Holes in Press Release January 7th, 2021

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Table 2

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Attached are Sections 108+00 NE, 109+00 NE, 112+50 NE, 114+00 NE and 115+50 NE showing holes traces with gold and copper histogram results and a Plan Map showing the drill hole and section locations.

Walter Storm, President and CEO, stated: "Our goal for Tudor Gold is to fast-track the exploration of our flagship Treaty Creek Project. We continue to advance the project on several fronts including completing our initial metallurgical work on the Goldstorm System, for which an update will be issued later this month. In addition, we recently completed the first year of an on-going water sampling program and purchased a climate station that will monitor on-site environmental conditions, providing the data required for base-line studies. Furthermore, we are preparing a winter access plan to start the 2021 exploration season as soon as the major snowfall season comes to an end in the coming spring. This approach worked extremely well for our start-up team that was able to walk-in heavy equipment on the snowpack in 2020, allowing us to start drilling much earlier than previous years. In so doing, we hit a corporate-best for drilling this past year with the completion of 53 drill holes totaling over 45,600 meters. We thank our team of men and women who worked safely and diligently during these extremely difficult conditions."

Darren Blaney, CEO of American Creek, commented: "As I have stated previously, we are extremely pleased with the exploration program our JV partner Tudor Gold has completed this year at Treaty Creek. We sincerely thank and congratulate both the Tudor Gold and More Core Diamond Drilling teams for their outstanding work and accomplishments in 2020. The Treaty Creek project is shaping up to be everything we hoped it would be. We look forward to the upcoming metallurgical work and the maiden resource calculation for the Goldstorm deposit."

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the Company. International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the company.

Qualified Person 

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's Vice President of Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for their disclosure contained in their news release.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudor's information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium's Brucejack mine and Seabridge's KSM deposits. Similar potential exists at Treaty Creek.

About American Creek

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

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek JV with Tudor Gold/Walter Storm, the D-1 McBride, and the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

See additional images of drill locations in this press release at www.americancreek.com

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Corporation's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Corporation's profile on www.sedar.com. The Corporation does not assume any obligation to update any forward-looking statements.

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Goldstorm Zone Plan View

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Section 108+00 NE

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Section 109+00 NE

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Section 112+50 NE

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Section 114+00 NE

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Section 115+50 NE

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and

1.078 gpt AuEq over 345.0 Meters Within 921.0 Meters of 0.821 gpt AuEq (Hole GS-20-83) at the Goldstorm Zone, Treaty Creek, Located in B.C.'s Golden Triangle

Cardston, Alberta--(Newsfile Corp. - December 16, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present results for the fifth set of diamond drill holes for the Goldstorm Zone at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Zone. Results from 12 diamond drill holes have recently been received from MSA Labs with final results from another 11 diamond drill holes pending. All drill holes have successfully intersected the Goldstorm System, expanding and defining the mineralization along the northeast and southeast axes, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and, as well, the CS-600 and DS-5 zones have been expanded to the northeast and to depth. All 39 drill holes completed at Goldstorm during the 2020 program have encountered significant precious metal mineralization. The 2020 Treaty Creek Diamond Drill Program was completed last week, and field personnel have winterized the camp. The track-components of two track-mounted diamond drills remain on site ready for start-up of the 2021 exploration season.

Tudor Gold's Vice President of Project Development, Ken Konkin, P.Geo., states: "We are very pleased with the results obtained from all 39 drill holes completed this year to-date and we anticipate the release of the final 11 holes of the year within a few weeks. This brings the total to 50 drill holes that were completed this year at the Goldstorm Zone. These latest holes continued to expand the limits of the mineralized targets along the northeastern and the southeastern axes, and to depth. For a fifth consecutive press release, we have surpassed our best result from last years' drill hole program (0.697 AuEq over 1081.5 meters in hole GS-19-47) with drill holes GS-20-83 and GS-20-94 as described in the headline. The final 11 drill holes represent over 9600 meters of drilling and we expect that MSA Labs will complete the analysis of these final samples as soon as possible."

Treaty Creek Highlights include:

  • Twelve drill holes presented in this press release total 11,551.1 meters.
  • The best results were from GS-20-94, a near-surface 354.0 meter intercept (36.0-390 m) averaging 1.215 gpt AuEq and GS-20-82 with a 351m intercept (113.0-464.0 m) averaging 1.051 gpt AuEq. Both holes are located on Section 111+00 NE.
  • Equally impressive was drill hole GS-20-83 that also had a near-surface intercept over a similar 345.0 meters (73.5-418.5 m) that averaged 1.078 gpt AuEq on Section 112+50 NE.
  • More Core Drilling did an excellent job completing 50 HQ/NQ2 diamond drill holes totaling 43,972 meters at Goldstorm and 1,636 meters at the Perfect Storm Target with three drill holes.

The following three tables below provide the complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth.

Table l: Results Goldstorm Zone Press Release December 15th 2020

SectionHoleZoneFrom ToInterval (m)AuAgCuAuEQ
114+00 NEGS-20-80300H + CS600222.501349.001126.500.3691.666530.486


including 300H398.00695.50297.500.4881.981350.531


and including CS600831.501028.00196.500.5723.2527031.011
115+50 NEGS-20-81300H + CS600 + DS5558.401389.50831.100.4221.569400.580


including 300H + CS600558.40957.50399.100.5291.9617120.807


with 300H558.40636.5078.101.0471.521391.086


and with CS600704.00957.50253.500.4812.3724940.879
111+00 NEGS-20-82300H + CS600113.001041.50928.500.6292.465190.736


including 300H113.00464.00351.000.9693.562631.051


with 300H224.00422.00198.001.2835.294081.407
112+50 NEGS-20-83300H + CS600 + DS573.50994.50921.000.6763.976550.821


including 300H73.50418.50345.001.0083.481911.078


and including CS600566.45727.50161.050.4263.9028630.898


and including DS5813.00994.50181.500.9197.331901.035
112+50 NEGS-20-85300H66.50692.00625.500.7483.802750.834


CS600752.00989.00237.000.2412.2317340.524


DS51118.001278.50160.500.5112.111280.555
114+00 NEGS-20-86300H118.50577.50459.000.7123.432630.792


CS600730.50942.00211.500.4692.4921720.821


DS51014.001425.00411.000.5952.851450.650


including1192.501395.00202.500.8893.391300.949
111+00 NEGS-20-89*300H87.00125.0038.001.14212.85911.309
111+00 NEGS-20-90300H + CS60063.00847.50784.500.6462.894650.750


including 300H72.00405.00333.000.9153.601770.984


and including CS600643.50768.00124.500.6354.6016320.932
110+00 NEGS-20-93*300H20.50237.50217.000.5353.401520.599


incl.20.50131.00110.500.8505.492060.946
111+00 NEGS-20-94300H36.001261.501225.500.6462.501780.702


including36.00390.00354.001.1234.142871.215


or including36.00820.50784.500.8563.452390.933
108+00 NEGS-20-96300H6.00109.50103.500.8042.271290.850


CS600279.00385.50106.500.2283.7712350.457
110+00 NEGS-20-97300H18.40584.00565.600.6091.951070.648


incl.18.40381.50363.100.6932.351410.742

 

*lost drill hole in mineralization

  • All assay values are uncut, and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals.
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

Table ll: Drill Data for Holes in Press Release December 15th, 2020
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Table II and Table III

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Attached are Sections 108+00 NE, 110+00 NE, 111+00 NE, 112+50 NE, 114+00 NE and 115+50 NE showing holes traces with histogram plots for gold and copper results and a Plan Map showing the drill hole and section locations.

Walter Storm, President and CEO, stated: "We are very pleased to announce the safe successful completion of our 2020 diamond drill hole program. We completed over four times the amount of drilling from the previous year's program, greatly advancing Tudor's flagship Treaty Creek Property. We completed almost 44,000 meters of drilling at the Goldstorm System and over 1,600 meters of drilling at the Perfect Storm target. Once we receive the final results from the last eleven drill holes, we will then pass the data to our resource engineers and geoscientists for an initial resource estimate. Continued drilling is required for 2021 to locate the limits or edges of the mineralized system. Due to the size and robust nature of the mineralization, the Goldstorm System remains open on all fronts and to depth. We are proud of what we have achieved in these last two years of exploration and in-particular, the great effort to withstand the harsh winter elements during November and December at Treaty Creek to bring the 2020 drill campaign to a safe close. Our commitment is to continue to advance the project as quickly as possible. We have left the track-drill carriage components for two track-mounted drill rigs on-site so our team can get an early start to the 2021 drill season. We look forward to receiving the final results of the eleven drill holes from MSA Labs within a couple of weeks to complete the 2020 exploration season on schedule."

Tudor Gold Corp and our associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols.

Darren Blaney, CEO of American Creek, commented: "We are extremely impressed with the drill program our JV partner Tudor Gold has completed this year and with the significant potential deposit that it has revealed. The Goldstorm zone already appears to be world-scale in size and yet is still open from the northeast to the southeast and remarkably, also at depth. The Magnetotelluric survey done in 2016, which shows potential continuation of gold mineralization well beyond the extent of this year's drilling of Goldstorm, has proven to be very accurate. That same survey data also shows tremendous potential at the Perfect Storm zone which, due to permitting restraints, was only able to have the outer halo drill tested this year, and yet the drilling still encountered gold mineralization.

"Recognition must be given to both Tudor Gold and More Core for initiating the drill program in early May and carrying through to December. This is no small feat in the Golden Triangle region. While bad weather and Covid-19 limited many projects within the area this season, Tudor and More Core delivered an incredible 45 km of drilling with every hole encountering significant gold mineralization.

"We look forward to the remaining holes, the metallurgical work, and ultimately the maiden resource calculation of the Goldstorm on Treaty Creek sometime in the new year."

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the Company. International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the company.

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's Vice President of Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for their disclosure contained in their news release.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudor's information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium's Brucejack mine and Seabridge's KSM deposits however, with far better logistics.

For a better understanding of the mineralized zones at the Goldstorm, please view this video (which shows the original 20,000m planned drill program opposed to the 40,000m+ drill program that has taken place).

https://tudor-gold.com/wp-content/uploads/2020/07/Tudor_2020Promo_FINAL.mp4

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Sulphurets Hydrothermal System

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About American Creek

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

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek JV with Tudor Gold/Walter Storm, the D-1 McBride, and the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

See additional images of drill locations in this press release at www.americancreek.com.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Corporation's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Corporation's profile on www.sedar.com. The Corporation does not assume any obligation to update any forward-looking statements.

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Goldstorm Zone Plan View

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Section 108+00 NE

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Section 110+00 NE

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Section 111+00 NE

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Section 112+50 NE

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Section 114+00 NE

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Section 115+50 NE

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Cardston, Alberta--(Newsfile Corp. - December 5, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that further to its press release of October 5, 2020, it has received the requisite shareholder approval for the proposed spinout of the Company's Dunwell Property, and other properties, assets and cash (collectively, the "Assets") to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, American Creek will transfer the Assets to its wholly-owned subsidiary, Stinger Resources Inc. ("Stinger"), in consideration for approximately 45,000,000 Stinger common shares. The Stinger shares will then be distributed to American Creek's shareholders pro rata their interest in American Creek such that upon completion of the Arrangement, American Creek's shareholders will own shares in two public companies. American Creek optionholders and warrantholders will also receive a proportionate number of Stinger options and Stinger warrants, respectively.

Investors who are American Creek shareholders as of the close of business on the business day immediately preceding the effective date of the Arrangement will be entitled to receive one new American Creek share and a fraction of a Stinger common share pursuant to the terms of the Arrangement.

Shareholder approval of the Arrangement was obtained at the Company's Annual General & Special Meeting (the "Meeting") of shareholders held on December 3, 2020, which saw 25.88% of all of the issued and outstanding shares of the Company being represented at the Meeting. Shareholders voting on the Arrangement resolution voted overwhelmingly in favour (99.87%) of the Arrangement. Completion of the Arrangement remains subject to final Court approval and the approval of the TSX Venture Exchange.

American Creek's application to the Supreme Court of British Columbia (the "Court") to obtain the final order approving the Arrangement will be held on December 7, 2020, as previously scheduled. Any American Creek security holders wishing to attend the Court hearing should contact the Company. While the Company is targeting an early January, 2021 completion date, details regarding the specific date that the Arrangement will become effective will be provided at a later date.

For further information about the transaction, shareholders should refer to the Company's management information circular dated October 29, 2020, a copy of which is available under American Creek's profile on SEDAR at www.sedar.com, which more fully describes the terms of the Arrangement. American Creek shareholders can also contact the Company if they require any additional information.

All other matters put before the shareholders at the Meeting were also approved. In particular, Darren Blaney, Robert Edwards, Dennis Edwards, Sean Pownall and Tobin Wood were all re-elected as Directors of the Company. In addition, shareholders approved (a) the re-appointment of Dale Matheson Carr-Hilton Labonte LLP as the Company's auditors for the ensuing year; (b) the re-approval and continuation of American Creek's stock option plan; and (c) the adoption of a rolling 10% stock option plan for Stinger.

Darren Blaney, CEO of American Creek stated the following: "On behalf of American Creek's Board of Directors and management team we would like to express our gratitude to the American Creek shareholders for their continued support. This spinout arrangement represents a significant milestone in advancing the Company's projects and in creating substantial shareholder value through strategic positioning. We look forward to obtaining the final approvals and finalizing the transaction."

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia, Canada.

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek joint venture project with Tudor Gold (Walter Storm) as well as the 100% owned past producing Dunwell Mine and the 100% owned D1-McBride.

The Company also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Company's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Company's profile on www.sedar.com. The Company does not assume any obligation to update any forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69570

Cardston, Alberta--(Newsfile Corp. - November 27, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - announces that with respect to its annual general and special meeting (the "Meeting") of shareholders ("Shareholders") scheduled to take place on Thursday, December 3, 2020 in Vancouver, British Columbia, the Company is encouraging Shareholders and proxyholders not to attend the Meeting in person, particularly if they are experiencing any COVID-19 symptoms.

In order to comply with the Orders of the British Columbia Provincial Health Officer currently in effect related to the COVID-19 pandemic, and in response to the additional directives of the Provincial and Federal governments and health authorities, the Meeting will not be open to the public. Access to the Meeting will be limited to essential personnel and registered Shareholders and proxyholders entitled to attend and vote at the Meeting. There will be strict limitations on the number of persons permitted entry to the Meeting in order to ensure adherence to social distancing requirements. It will also be mandatory for all persons in attendance at the Meeting to wear a face mask/covering.

In order to minimize group sizes and respect social distancing regulations, all Shareholders are urged to vote on the matters before the Meeting by proxy which can be submitted electronically, by mail, or by phone as further described in the Company's management information circular dated October 29, 2020, by no later than 10:00 a.m. (Vancouver time) on December 1, 2020.

Given the current exceptional circumstances and the requirement to mitigate COVID-19 pandemic risks, there will be no management presentation at the Meeting, nor will there be a question and answer session with management.

As the situation regarding COVID-19 is rapidly evolving, the Company reserves the right to implement additional precautionary measures related to the Meeting if deemed appropriate.

The Company thanks its valued Shareholders and apologizes for any inconvenience caused as a result of the precautionary safety measures taken in respect of the Meeting.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

Two of those properties are located in the prolific "Golden Triangle"; the Treaty Creek joint venture project with Tudor (Walter Storm) as well as the 100% owned past producing Dunwell Mine.

The Company also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email:
This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Company's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Company's profile on www.sedar.com. The Company does not assume any obligation to update any forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/69079

Step-Out Hole GS-20-70 Extends the Goldstorm 300 Horizon and CS-600 Zone Another 150 Meters to the Northeast as Drilling Continues with Six Drills at Treaty Creek

Cardston, Alberta--(Newsfile Corp. - October 26, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present results for the fourth set of diamond drill holes at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling continues with six drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridge's KSM Project, 5 km to the southwest. All nine of the recent drill holes have successfully intersected the Goldstorm System expanding the mineralization to the northeast and southeast, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and in addition, the CS-600 and DS-5 systems have been expanded to the northeast and to depth as well. All 26 drill holes completed at Goldstorm during the 2020 program have encountered significant precious metal mineralization.

Tudor Gold's Vice President of Project Development, Ken Konkin, P.Geo., stated: "The goal is to drill-define the limits of the Goldstorm system mineralization. We are very pleased with the results obtained from the 2020 drill holes that have yet to define limits or boundaries to the mineralized target along the northeastern and the southeastern axes, and to depth as well as we keep encountering mineralization versus non-mineralized host rock. Drill hole results from GS-20-75 demonstrate that several aspects of the mineralized horizon appear to be gaining strength at depth with significant Au-Cu-Ag mineralization encountered in the CS-600 zone which averaged 0.968 gpt AuEq over 414 meters. Our technical team has to date received drill hole results from 26 diamond drill holes at Goldstorm and three holes from the PSZ Zone, totaling 24,343.6 meters. Samples from 12 drill holes are awaiting results from MSA Labs, totaling 12,443.7 meters, with six additional holes currently being drilled that are expected to total more than 6,500 meters. The information released to date represents just over half of the drill information we plan to collect for this year's program at Goldstorm. We have also received good news from MSA Labs that they hope to get back to our scheduled 15-day turn-around-time for results. We are confident that our combined efforts will expediate the news flow for the near-future."

Goldstorm Highlights include:

  • Nine diamond drill holes in this release totaled 10,234.2 meters, all hitting the intended targets with favorable results listed in the tables below.
  • Best intercept was from GS-20-75 on Section 114+00 NE that averaged 0.741 gpt AuEq over 1152.0 metres (112.0-1264.0 m) containing an enriched portion of 121.5 meters (232.0-353.5 m) that averaged 1.561 gpt AuEq.
  • GS-20-75 also had a remarkable 414.0 meter intercept (833.5-1247.5 m) of 0.968 gpt AuEq within the CS-600 Zone, which is the longest intercept for CS-600 drilled to date.
  • Tudor Gold has surpassed the previous longest mineralized intercept with GS-20-79 on section 112+00 NE, 150 meters southwest of GS-20-75. This hole intersected 1338 meters (81.5-1419.5m) of 0.595 gpt Au Eq with the upper portion of the 300 Horizon averaging 0.877 gpt AuEq over 484.5 meters (81.5-566.0 m).
  • A 150 meter extension of the 300, CS-600 and DS-5 Zones was confirmed by an aggressive step-out to the northeast with hole GS-20-70 on section 115+50 NE. The intercept averaged 0.500 gpt AuEq over 1218.0 meters and mineralization remains open to the northeast, northwest and southeast along Section 115+50 NE.
  • The DS-5 System appears to be gaining strength to the northeast; hole GS-20-64, the north-easternmost hole, returned the strongest result for DS-5, averaging 0.983 gpt AuEq over 550.55 meters with an enriched portion averaging 1.482 gpt AuEq over 154.5 meters (Press Release July 27, 2020).

The following three tables below provide the complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth.

Table l: DDH Data October 26, 2020 Press Release

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Table ll : Gold equivalent composite values from nine Goldstorm Zone DDH's.

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  • All assay values are uncut and intervals reflect drilled intercept lengths.
  • HQ and NQ2 diameter core samples were sawn in half and typically sampled at standard 1.5m intervals.
  • The following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.

Table lll: Drill Data for Holes Completed, Pending Results and Currently Drilling

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Attached are Sections 109+00 NE, 112+50 NE, 114+00 NE and 115+50 NE showing holes traces with gold and copper histogram results and a Plan Map showing the drill hole and section locations.

Walter Storm, President and CEO, stated: "For the fourth consecutive press release this year, we again are very pleased to announce a result that surpassed our finest result from the 2019 drill program. Last year, we had an excellent intercept from hole GS-19-47, which yielded 0.697 gpt Au Eq over 1081.5 meters (Section 114+00 NE)- and now we have yet another hole, GS-20-75 with a comparable result that was drilled along the same section but in the opposite direction from GS-19-47. Drill hole GS-20-75 averaged 0.741 gpt Au Eq over an impressive 1152.0 meters. With every hole our technical team completes, we are further defining the mineralized area. Clearly, however, much more drilling is required to locate the limits of the system due to the size and robust nature of the mineralization. Our commitment is to advance the project as far as possible this year and our team will push the winter elements to continue drilling as long as the conditions permit. We are proud of what we have achieved in these last two years of exploration. Given the amount of geological potential that the entire project possesses with the Goldstorm, Perfect Storm Z, Eureka and Orpiment Systems, we believe that similar results will continue to enhance the prospects for the Treaty Creek Project."

Darren Blaney, CEO of American Creek commented: "The Goldstorm continues to impress. Yet another step out hole has hit significant gold mineralization and has extended the zone another 150m to the northeast. Even after all this 2020 drilling, we still don't know the extent or bounds of the Goldstorm but clearly, it's a truly massive gold zone. I congratulate Walter, Ken, and the whole Tudor team on the incredible effort and the associated incredible success as they continue to keep six drills turning at Treaty Creek. I also commend Sean and the More Core Drilling team for their commitment and Get it Done attitude and professionalism."

Tudor Gold Corp and associated service companies have taken extreme measures to maintain the highest professional standards while working within COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. Of those who are at the project site and staging site, we have strict daily monitoring of the workers' temperatures and general health conditions. We have a certified paramedic at the staging area to examine all in-coming and out-going Tudor personnel and all service providers.

QA/QC

Drill core samples were prepared at MSA Labs' Preparation Laboratory in Terrace, BC and assayed at MSA Labs' Geochemical Laboratory in Langley, BC. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Laboratories quality system complies with the requirements for the Company. International Standards ISO 17025 and ISO 9001. MSA Labs is independent of the Company.

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudors Vice President Project Development, Ken Konkin, P.Geo. He has read and approved the scientific and technical information that forms the basis for their disclosure contained in their news release.

The Qualified Person for this news release is James A. McCrea, P. Geo., for the purposes of National Instrument 43-101. While American Creek has not independently confirmed Tudors information, Mr. McCrea has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Treaty Creek JV Partnership

The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".

Treaty Creek Background

The Treaty Creek Project lies in the same hydrothermal system as Pretium's Brucejack mine and Seabridge's KSM deposits with far better logistics.

For a better understanding of the mineralized zones at the Goldstorm, please view this video (which shows the original 20,000m planned drill program opposed to the 40,000m+ drill program that has taken place).

https://tudor-gold.com/wp-content/uploads/2020/07/Tudor_2020Promo_FINAL.mp4

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Sulphurets Hydrothermal System

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About American Creek

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

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek JV with Tudor Gold/Walter Storm, the D-1 McBride, and the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

See additional images of drill locations in this press release at www.americancreek.com.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Corporation's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Corporation's profile on www.sedar.com. The Corporation does not assume any obligation to update any forward-looking statements.

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Goldstorm Zone Plan View

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Goldstorm Zone Section 109+00 NE

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Goldstorm Zone Section 112+50 NE

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Goldstorm Zone Section 114+00 NE

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Goldstorm Zone Section 115+50 NE

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/66819

Cardston, Alberta--(Newsfile Corp. - October 5, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that its board of directors has unanimously approved a spinout of the Company's Dunwell Property, and other properties and assets, to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, American Creek will transfer the Assets (defined below) to a wholly-owned subsidiary, Stinger Resources Inc. ("Stinger"), in consideration for 45,000,000 Stinger common shares. The Stinger shares will then be distributed to American Creek's shareholders pro rata their interest in American Creek. Upon completion of the Arrangement, American Creek's shareholders will own shares in two public companies.

The assets that will be transferred to Stinger under the Arrangement will be the Dunwell, D1 McBride and Gold Hill properties, the optioned interests in the Silver Side, Ample Goldmax and Glitter King properties, 1,400,499 common shares of Tudor Gold Corp., the office located at #92 - 2nd Avenue West, Cardston, Alberta, together with office furniture and equipment located therein, certain vehicles, $1,500,000 - $3,000,000 cash and the right to receive 80% of the net warrant exercise proceeds received by the Company after completion of the Arrangement from the exercise of warrants that were outstanding at the time of completion of the Arrangement (collectively, the "Assets").

Upon completion of the Arrangement, Stinger's principal property will be the Dunwell Property. Consequently, the Company does not expect that it will conduct further work on the Dunwell Property at this time as any exploration work conducted prior to the closing of the spinout transaction may potentially result in "material events" which could have the effect of delaying the spinout transaction. After the Arrangement is completed, Stinger will continue with exploration work programs on the Dunwell Property.

American Creek will retain its 20% interest in the Treaty Creek Property and 100% interest in the Austruck Bonanza Property and will focus its immediate attention on conducting further exploration work on the Austruck Bonanza Property as it continues to have a carried interest in the Treaty Creek Property until such time as a production notice is issued, if ever.

The spinout transaction will be effected pursuant to the arrangement provisions of the Business Corporations Act (British Columbia) and must be approved by the Supreme Court of British Columbia and by the affirmative vote of two-thirds (2/3) of American Creek's shareholders in attendance at a shareholders' meeting to be held on December 3, 2020 (the "Meeting").

Under the Arrangement, the Company's current shareholders will receive Stinger common shares by way of a share exchange, pursuant to which each existing common share of the Company will be exchanged for one new American Creek common share (each, a "New American Creek Share") and 0.11973 of a Stinger share. Holders of American Creek options and warrants will also be entitled to receive one New American Creek Share and 0.11973 of a Stinger share on exercise of each option and warrant. On completion of the Arrangement, American Creek shareholders, option holders and warrant holders will maintain their interest in American Creek and will acquire a proportionate interest in Stinger. Upon completion of the Arrangement it is intended that Stinger will have 45,000,000 common shares issued and outstanding. American Creek currently has 375,851,109 issued and outstanding common shares. If this number changes prior to completion of the Arrangement, which may occur if outstanding warrants or options are exercised, then the fraction 0.11973 referred to above will adjusted so that it is the fraction calculated by dividing 45,000,000 by the number of outstanding American Creek shares immediately prior to the effective time of the Arrangement.

Completion of the Arrangement is subject to a number of conditions, including the following:

  • American Creek shareholder approval at the Meeting;
  • The approval of the Supreme Court of British Columbia;
  • TSXV approval for the Arrangement by American Creek; and,
  • TSXV approval for the listing of the Stinger shares upon completion of the Arrangement.

Upon completion of the Arrangement, it is intended that Darren Blaney will be the CEO and President of Stinger and Robert Edwards will be Stinger's CFO. Upon completion of the Arrangement, it is expected that Stinger's Board will be comprised of Darren Blaney, Robert Edwards, Dennis Edwards and Sean Pownall. Changes and additions to the management team and Board may be made thereafter, as needed, as the company moves forward with its exploration projects.

Additional details regarding the Arrangement will be included in the Information Circular to be mailed to shareholders of American Creek in early November 2020, in connection with the Meeting. The Arrangement is expected to close the end of December 2020 or early January 2021.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek joint venture project with Tudor (Walter Storm) as well as the 100% owned past producing Dunwell Mine and 100% owned D1 McBride properties.

The Company also holds interests in the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at:
Phone: 403 752-4040; or,
Email: This email address is being protected from spambots. You need JavaScript enabled to view it..

Information relating to the Corporation is available on its website at www.americancreek.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Company's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Company's profile on www.sedar.com. The Company does not assume any obligation to update any forward-looking statements.

THIS NEWS RELEASE IS NOT INTENDED FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES AND DOES NOT CONSTITUTE AN OFFER OF THE SECURITIES DESCRIBED HEREIN

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/65198

Cardston, Alberta--(Newsfile Corp. - September 28, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - announces that it has entered into amended and restated property option agreements with respect to the Silver Side property, the Ample Goldmax property and the Glitter King property. The terms of the original property option agreements were previously announced on September 14 & 15, 2016. The Company had defaulted on some option payments under the old agreements and consequently the re-negotiated amended and restated agreements bring the options back in good standing. Pursuant to the amended and restated option agreements, in order to exercise the options and acquire a 100% interest in the properties (subject to the royalties described in the Company's news releases dated September 14 & 15, 2016), the Company will be required to pay a $2,500 extension fee per agreement and (i) with respect to the Silver Side property, issue 250,000 common shares to the owners of the property on or before October 2, 2020, make cash payments to the owners totaling $50,000 by September 21, 2021, and conduct a total of $85,000 in exploration work on the property by September 22, 2022; (ii) with respect to the Ample Goldmax property, issue 550,000 common shares to the owners on or before October 2, 2020, make cash payments to the owners totaling $45,000 by September 21, 2021, and conduct a total of $200,000 in exploration work on the property by September 22, 2022; and (iii) with respect to the Glitter King property, issue 350,000 common shares to the owners on or before October 2, 2020, make cash payments totaling $50,000 by September 21, 2021, and conduct a total of $80,000 in exploration work on the property by September 22, 2022. The Company expects to issue a total of 1,150,000 common shares to the owners of the properties within the next week as required under the terms of the amended and restated agreements. When issued, the shares will have a hold period expiring 4 months and one day after their date of issuance in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("TSXV").

Further to its news release of July 26, 2019, in which the Company disclosed a shares for services agreement it had entered into with AGORACOM dated July 15, 2019, the Company advises that to date it has issued to AGORACOM 147,656 common shares having a hold period expiring on December 27, 2019, and 138,970 common shares having a hold period expiring on March 19, 2020. Under the terms of the agreement, the Company is required to issue an additional 278,438 common shares to AGORACOM, which it proposes to do upon receipt of TSXV approval. When issued, the 278,438 shares will have a hold period expiring 4 months and one day after their date of issuance in accordance with applicable securities laws and the policies of the TSXV.

With the initial 2019 agreement terminating July 15, 2020, the Company entered into a new shares for services with AGORACOM on July 27, 2020. Under the new agreement, AGORACOM will continue to provide advertising services to American Creek until July 30, 2021. In consideration for its services, the Company will pay AGORACOM a total of $45,000 + GST, payable in quarterly instalments. Subject to approval of the TSXV, the Company intends to issue common shares to AGORACOM for the services provided. The number of shares issuable and the share price will be determined at the market price of the Company's common shares at the time the quarterly payments are due, in compliance with the policies of the TSXV.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek joint venture project with Tudor Gold (Walter Storm) as well as the 100% owned past producing Dunwell Mine and the 100% owned D1 McBride.

The Company also holds interests in the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/64750

Cardston, Alberta--(Newsfile Corp. - September 11, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that it has now completed a 450 line km high-resolution magnetic survey in combination with a LIDAR survey at the company's 100% owned Dunwell Mine gold and silver property located in the Golden Triangle of British Columbia.

Genesis Aviation Inc. was chosen to complete the High-Resolution Gradient Magnetometer survey in conjunction with a Three-Dimensional LIDAR survey over the property. This type of magnetic survey is flown by a low altitude helicopter and offers Measured Horizontal and Vertical Gradient data. This makes a significant difference to the magnetic inversion that provides a model at depth. The survey, which was conducted over the whole property, will allow the past, present and future geological and geophysical programs to be correlated with a much higher degree of accuracy than otherwise possible.

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The geophysical instruments used were GEM Systems GSMP-35A Potassium Vapor Magnetometers mounted in a Tri-Axal array.

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Darren Blaney, CEO and President stated: "We look forward to seeing the results of the recently completed magnetic and Lidar surveys as that new data, combined with our fall 2019 IP data, will greatly expand our understanding of the underground geology and enhance drill placement and targeting. We will also now be able to develop strong correlations between known mineralized zones and future untested targets thus potentially improving our hit ratio as we target these high-grade vein systems with the drill.

We have always thought that the numerous high-grade gold and silver showings associated with the Portland Canal Fissure Zone, that extends through the property for several kilometers down the valley, are related in some meaningful way and are likely part of the same geological event. We will soon be in position to begin proving this with the commencement of the Dunwell Phase II drill program planned for this fall."

The Dunwell Mine is a high-grade past producing polymetallic mine located just 8 kilometers by road from the shipping town of Stewart, BC. The mine itself is one of dozens of high-grade gold / silver / lead / zinc occurrences that are primarily associated with the Portland Canal Fissure zone that extends for several kilometers through the property. The Dunwell Mine project boasts exceptional logistics and a rich mining history with potential for future development. It is located within the Bear River valley which was one of the first areas prospected in the Stewart camp because of its combination of rich veins and easy access due to the low elevation and close proximity to town.

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Image of the historic Dunwell Mine which shut down during World War II.

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Because of the property's low elevation and heavy rainfall, it is completely covered with a heavy canopy of vegetation with exposed bedrock limited to gullies and stream beds. Notwithstanding this limited surface outcrop, there are over two dozen known high-grade showings on the property. As no modern exploration techniques or technologies had been employed on the Dunwell property prior to American Creek's acquisition, careful consideration was given as to the best options and techniques that could lead to discovery. This analysis resulted in a decision to proceed with an extensive Induced Polarization (IP) survey in the fall of 2019 and, to further define targets, this just completed detailed Magnetic survey in 2020.

Alpha IP was chosen over a conventional IP survey because of its cutting-edge technology in detecting detailed high chargeability / low resistance anomalies in the ground. Specifically, the Alpha IP survey has far greater resolution and depth than standard IP's and can provide the data in a 3D view. These are critical factors as the Dunwell Mine property contains numerous high-grade veins that are potentially more readily detected using a high-resolution survey.

Simcoe Geoscience, who performed the survey, was chosen because of their exceptional experience in this field and the in-depth interpretation they provide. Once the data provided by Genesis is processed, Simcoe will also be using their expertise to integrate the new 3D Magnetic Survey results with the existing IP results, the 2019 maiden drill program results, and all historic data in order to fine tune drill targets. Simcoe's same Alpha IP system continues to achieve success locating high-grade veins at Ascot's neighboring Silbak-Premier Mine (9km away).

The exploration objectives of the Alpha IP survey were to detect the source of potential high‐grade Au, Ag, Pb, Zn, Cu in quartz and detect quartz breccia vein systems hosted within thin bedded argillite, siltstone and greywacke of the Middle Jurassic Salmon River Formation (Hazelton Group). The Alpha IP system was used to provide the following benefits:

  • Detect and delineate zones and structures related to the emplacement of sulphide mineralization to depths of up to 400 meters with chargeability and resistivity.
  • Mapping the resistivity and chargeability features related to mineralization, alteration, faults and lithologies.

Results from the fall 2019 survey resulted in thirty-seven anomalous zones being identified and interpreted as significant targets for follow up from surface to ~300m+ depth. Out of thirty-seven anomalous zones, fifteen are considered first priority, sixteen second and six are third priority targets. The anomalous zones consist of strong to moderate chargeability related to associated conductive to resistive zones. These targets have a strong correlation with the Portland Canal Fissure Zone with the strongest targets running along the Dunwell Creek / Portland Canal Faults, the secondary targets running down each side of the primary target, and the tertiary targets running along the western edge of the fissure zone.

Property Description and History

The Dunwell property is located just 7 km east of the Silbak Premier Mine (Ascot Resources), 11 km west of the Red Mountain deposit (Ascot - formally IDM), and only 9 km north of the past producing Porter Idaho silver mine (Strikepoint Gold). Through a series of strategic acquisitions American Creek was able to purchase the past-producing Dunwell Mine as well as several adjoining very prospective properties, combining them into one large land package that encompasses the most promising gold and silver mineral occurrences and historic workings within the Bear River valley. The amalgamated property spans 2,222 hectares covering the majority of the Portland Canal Fissure Zone, an area first prospected in the late 1800's and hosting some of the earliest producing gold and silver mines in the Stewart area.

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Image of the Dunwell Mine Property located between Ascot's Premier Mine and Red Mountain.

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The Portland Canal Fissure Zone is the most significant geological feature in the Bear River valley. This zone of faulting and shearing trends north, dips steeply west, and hosts a vein system that extends southward for 6.5 kilometres from the Victoria/Dandy occurrence (on Dunwell) in the north, through the Dunwell mine itself, across Glacier Creek to the Ben Bolt occurrence (on Dunwell) in the south. With the recent acquisition of the Glacier Creek Crown Grants (south of Glacier Creek), American Creek now controls 5km of the 6.5km fissure zone which contains numerous high-grade polymetallic mineral occurrences including two past producing mines (Dunwell and Portland Canal).

The Dunwell project is located 8km northeast of Stewart and is road accessible with the Dunwell Mine adit itself located only 2km from Highway 37A and a major power line (both running through the property). Stewart hosts two deep sea ports including ore loading and shipping facilities. Unlike the majority of mineral properties located in the Golden Triangle near Stewart, the Dunwell Mine is located in low mountainous terrain (800m and lower elevation) with relatively moderate relief. These features allow for potential year-round work which typically isn't the case for exploration programs conducted in the Stewart region where projects are typically at higher altitude, are accessible only by helicopter, and lack critical infrastructure such as roads and power. The Dunwell Mine project may very well have the best logistics of any project within the Golden Triangle.

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Image of the Dunwell Mine Project boundary and high-grade showings.

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According to historic records, the Dunwell Mine is the most significant mineral occurrence within the Portland Canal Fissure Zone. Production at the Dunwell occurred between 1926 and 1941. From historic production reports, it appears that a total of 45,657 tonnes averaging 6.63 g/t gold, 223.91 g/t silver, 1.83% lead, 2.43% zinc and 0.056% copper were produced.

American Creek's Phase I maiden drill program on the Dunwell (which took place within the vicinity of the Dunwell Mine in the fall of 2019) produced many high-grade intercepts including:

  • 19.4 g/t AuEq over 3.6m
  • 20.3 g/t AuEq over 2.69m
  • 38.1 g/t AuEq over 0.5m
  • 28.5 g/t AuEq over 0.45m
  • 24.4 g/t AuEq over 0.5m
  • 18.4 g/t AuEq over 1.5m
  • 19.5 g/t AuEq over 1.2m
  • 13.3 g/t AuEq over 1.4m
  • 16.2 g.t AuEq over 0.8m
  • 15.1 g/t AuEq over 0.6m
  • 28.2 g/t AuEq over 0.43m
  • 18.5 g/t AuEq over 0.7m
  • 10.7 g/t AuEq over 1m
  • 15.1 g/t AuEq over 0.6m

*AuEq uses $1,500 gold, $18 silver, $0.88 lead, $0.95 Zinc and $2.5 copper

For a table showing breakdown of metals and complete results please click here for the press release.

In addition to the Dunwell mine itself, the property package also contains over two dozen other high-grade gold and silver occurrences and historic small-scale gold/silver high-grading operations along a north/south trend that correlates to the fissure zone and major faulting. Some examples of the nine areas on the Dunwell property that produced ore historically are:

 

  • Ben Ali:                4,500 tons at 21.6 g/t gold
  • Lakeview             60 tons at 4.7 g/t gold, 2,734 g/t silver, and 11.5% lead
  • Victoria                11 tons at 20.15 g/t gold, 775 g/t silver, 25% lead
  • Tyee                      8.2 tons at 124.4 g/t gold and 4,478.8 g/t silver
  • George E             12 tons at 13 g/t gold and 3,250 g/t silver, 23.3% lead

 

Each of these areas were producing during the 1930's when exploration techniques and technology was very primitive. They were basically high-grading operations focused on vein systems that were exposed on surface.

The High-Resolution Gradient Magnetometer survey combined with the 3D Alpha IP survey represent the cutting edge in geophysical technology today and are designed to aid with understanding potential correlations between the multiple high-grade surface showings.

The Dunwell Phase II drill program is expected to commence in the near future once the data and interpretation from the geophysical survey is integrated with the IP data, last year's drilling data, and all historical data.

For more information on the Dunwell Mine Project please click here:
https://americancreek.com/index.php/projects/dunwell-mine

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Jim McRae, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

The portfolio includes three Golden Triangle gold/silver properties; the Treaty Creek joint venture with Walter Storm/Tudor Gold, as well as the 100% owned D-1 McBride property and 100% owned past-producing Dunwell Mine.

Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/63609

Cardston, Alberta--(Newsfile Corp. - September 11, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that it has now completed a 450 line km high-resolution magnetic survey in combination with a LIDAR survey at the company's 100% owned Dunwell Mine gold and silver property located in the Golden Triangle of British Columbia.

Genesis Aviation Inc. was chosen to complete the High-Resolution Gradient Magnetometer survey in conjunction with a Three-Dimensional LIDAR survey over the property. This type of magnetic survey is flown by a low altitude helicopter and offers Measured Horizontal and Vertical Gradient data. This makes a significant difference to the magnetic inversion that provides a model at depth. The survey, which was conducted over the whole property, will allow the past, present and future geological and geophysical programs to be correlated with a much higher degree of accuracy than otherwise possible.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/63609_69498c26e4ecb98a_001.jpg

The geophysical instruments used were GEM Systems GSMP-35A Potassium Vapor Magnetometers mounted in a Tri-Axal array.

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Darren Blaney, CEO and President stated: "We look forward to seeing the results of the recently completed magnetic and Lidar surveys as that new data, combined with our fall 2019 IP data, will greatly expand our understanding of the underground geology and enhance drill placement and targeting. We will also now be able to develop strong correlations between known mineralized zones and future untested targets thus potentially improving our hit ratio as we target these high-grade vein systems with the drill.

We have always thought that the numerous high-grade gold and silver showings associated with the Portland Canal Fissure Zone, that extends through the property for several kilometers down the valley, are related in some meaningful way and are likely part of the same geological event. We will soon be in position to begin proving this with the commencement of the Dunwell Phase II drill program planned for this fall."

The Dunwell Mine is a high-grade past producing polymetallic mine located just 8 kilometers by road from the shipping town of Stewart, BC. The mine itself is one of dozens of high-grade gold / silver / lead / zinc occurrences that are primarily associated with the Portland Canal Fissure zone that extends for several kilometers through the property. The Dunwell Mine project boasts exceptional logistics and a rich mining history with potential for future development. It is located within the Bear River valley which was one of the first areas prospected in the Stewart camp because of its combination of rich veins and easy access due to the low elevation and close proximity to town.

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Image of the historic Dunwell Mine which shut down during World War II.

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Because of the property's low elevation and heavy rainfall, it is completely covered with a heavy canopy of vegetation with exposed bedrock limited to gullies and stream beds. Notwithstanding this limited surface outcrop, there are over two dozen known high-grade showings on the property. As no modern exploration techniques or technologies had been employed on the Dunwell property prior to American Creek's acquisition, careful consideration was given as to the best options and techniques that could lead to discovery. This analysis resulted in a decision to proceed with an extensive Induced Polarization (IP) survey in the fall of 2019 and, to further define targets, this just completed detailed Magnetic survey in 2020.

Alpha IP was chosen over a conventional IP survey because of its cutting-edge technology in detecting detailed high chargeability / low resistance anomalies in the ground. Specifically, the Alpha IP survey has far greater resolution and depth than standard IP's and can provide the data in a 3D view. These are critical factors as the Dunwell Mine property contains numerous high-grade veins that are potentially more readily detected using a high-resolution survey.

Simcoe Geoscience, who performed the survey, was chosen because of their exceptional experience in this field and the in-depth interpretation they provide. Once the data provided by Genesis is processed, Simcoe will also be using their expertise to integrate the new 3D Magnetic Survey results with the existing IP results, the 2019 maiden drill program results, and all historic data in order to fine tune drill targets. Simcoe's same Alpha IP system continues to achieve success locating high-grade veins at Ascot's neighboring Silbak-Premier Mine (9km away).

The exploration objectives of the Alpha IP survey were to detect the source of potential high‐grade Au, Ag, Pb, Zn, Cu in quartz and detect quartz breccia vein systems hosted within thin bedded argillite, siltstone and greywacke of the Middle Jurassic Salmon River Formation (Hazelton Group). The Alpha IP system was used to provide the following benefits:

  • Detect and delineate zones and structures related to the emplacement of sulphide mineralization to depths of up to 400 meters with chargeability and resistivity.
  • Mapping the resistivity and chargeability features related to mineralization, alteration, faults and lithologies.

Results from the fall 2019 survey resulted in thirty-seven anomalous zones being identified and interpreted as significant targets for follow up from surface to ~300m+ depth. Out of thirty-seven anomalous zones, fifteen are considered first priority, sixteen second and six are third priority targets. The anomalous zones consist of strong to moderate chargeability related to associated conductive to resistive zones. These targets have a strong correlation with the Portland Canal Fissure Zone with the strongest targets running along the Dunwell Creek / Portland Canal Faults, the secondary targets running down each side of the primary target, and the tertiary targets running along the western edge of the fissure zone.

Property Description and History

The Dunwell property is located just 7 km east of the Silbak Premier Mine (Ascot Resources), 11 km west of the Red Mountain deposit (Ascot - formally IDM), and only 9 km north of the past producing Porter Idaho silver mine (Strikepoint Gold). Through a series of strategic acquisitions American Creek was able to purchase the past-producing Dunwell Mine as well as several adjoining very prospective properties, combining them into one large land package that encompasses the most promising gold and silver mineral occurrences and historic workings within the Bear River valley. The amalgamated property spans 2,222 hectares covering the majority of the Portland Canal Fissure Zone, an area first prospected in the late 1800's and hosting some of the earliest producing gold and silver mines in the Stewart area.

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Image of the Dunwell Mine Property located between Ascot's Premier Mine and Red Mountain.

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The Portland Canal Fissure Zone is the most significant geological feature in the Bear River valley. This zone of faulting and shearing trends north, dips steeply west, and hosts a vein system that extends southward for 6.5 kilometres from the Victoria/Dandy occurrence (on Dunwell) in the north, through the Dunwell mine itself, across Glacier Creek to the Ben Bolt occurrence (on Dunwell) in the south. With the recent acquisition of the Glacier Creek Crown Grants (south of Glacier Creek), American Creek now controls 5km of the 6.5km fissure zone which contains numerous high-grade polymetallic mineral occurrences including two past producing mines (Dunwell and Portland Canal).

The Dunwell project is located 8km northeast of Stewart and is road accessible with the Dunwell Mine adit itself located only 2km from Highway 37A and a major power line (both running through the property). Stewart hosts two deep sea ports including ore loading and shipping facilities. Unlike the majority of mineral properties located in the Golden Triangle near Stewart, the Dunwell Mine is located in low mountainous terrain (800m and lower elevation) with relatively moderate relief. These features allow for potential year-round work which typically isn't the case for exploration programs conducted in the Stewart region where projects are typically at higher altitude, are accessible only by helicopter, and lack critical infrastructure such as roads and power. The Dunwell Mine project may very well have the best logistics of any project within the Golden Triangle.

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Image of the Dunwell Mine Project boundary and high-grade showings.

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According to historic records, the Dunwell Mine is the most significant mineral occurrence within the Portland Canal Fissure Zone. Production at the Dunwell occurred between 1926 and 1941. From historic production reports, it appears that a total of 45,657 tonnes averaging 6.63 g/t gold, 223.91 g/t silver, 1.83% lead, 2.43% zinc and 0.056% copper were produced.

American Creek's Phase I maiden drill program on the Dunwell (which took place within the vicinity of the Dunwell Mine in the fall of 2019) produced many high-grade intercepts including:

  • 19.4 g/t AuEq over 3.6m
  • 20.3 g/t AuEq over 2.69m
  • 38.1 g/t AuEq over 0.5m
  • 28.5 g/t AuEq over 0.45m
  • 24.4 g/t AuEq over 0.5m
  • 18.4 g/t AuEq over 1.5m
  • 19.5 g/t AuEq over 1.2m
  • 13.3 g/t AuEq over 1.4m
  • 16.2 g.t AuEq over 0.8m
  • 15.1 g/t AuEq over 0.6m
  • 28.2 g/t AuEq over 0.43m
  • 18.5 g/t AuEq over 0.7m
  • 10.7 g/t AuEq over 1m
  • 15.1 g/t AuEq over 0.6m

*AuEq uses $1,500 gold, $18 silver, $0.88 lead, $0.95 Zinc and $2.5 copper

For a table showing breakdown of metals and complete results please click here for the press release.

In addition to the Dunwell mine itself, the property package also contains over two dozen other high-grade gold and silver occurrences and historic small-scale gold/silver high-grading operations along a north/south trend that correlates to the fissure zone and major faulting. Some examples of the nine areas on the Dunwell property that produced ore historically are:

  • Ben Ali:                4,500 tons at 21.6 g/t gold
  • Lakeview             60 tons at 4.7 g/t gold, 2,734 g/t silver, and 11.5% lead
  • Victoria                11 tons at 20.15 g/t gold, 775 g/t silver, 25% lead
  • Tyee                      8.2 tons at 124.4 g/t gold and 4,478.8 g/t silver
  • George E             12 tons at 13 g/t gold and 3,250 g/t silver, 23.3% lead

Each of these areas were producing during the 1930's when exploration techniques and technology was very primitive. They were basically high-grading operations focused on vein systems that were exposed on surface.

The High-Resolution Gradient Magnetometer survey combined with the 3D Alpha IP survey represent the cutting edge in geophysical technology today and are designed to aid with understanding potential correlations between the multiple high-grade surface showings.

The Dunwell Phase II drill program is expected to commence in the near future once the data and interpretation from the geophysical survey is integrated with the IP data, last year's drilling data, and all historical data.

For more information on the Dunwell Mine Project please click here:
https://americancreek.com/index.php/projects/dunwell-mine

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Jim McRae, P.Geo. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

The portfolio includes three Golden Triangle gold/silver properties; the Treaty Creek joint venture with Walter Storm/Tudor Gold, as well as the 100% owned D-1 McBride property and 100% owned past-producing Dunwell Mine.

Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Statements regarding Forward-Looking Information

Certain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Corporation's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially.

The Corporation expressly disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise except as otherwise required by applicable securities legislation.

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