August 12 2

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

News

Cardston, Alberta--(Newsfile Corp. - September 13, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the sixth set of drill results for the 2022 exploration program (the "Program") from operator Tudor Gold at their flagship property, the Treaty Creek JV, located in the heart of the Golden Triangle of Northwestern British Columbia.

Tudor Gold President and CEO Ken Konkin comments, "We are extremely pleased to announce the on-going success of the step-out drilling at our Goldstorm Deposit. Yet another drill hole has intersected high-grade gold within the northeastern front of this Deposit. Drill hole GS-22-151-W1 was designed to undercut values obtained from GS-22-134 which yielded 0.97 g/t AuEQ over 663.0 m with an enriched zone of 1.76 g/t AuEQ over 205.5 m additionally this intercept contained a high-grade gold-bearing pyritic quartz breccia of 20.86 g/t AuEQ over 4.5 m with multiple grains of visible gold (reported July 19, 2022). GS-22-151-W1 intersected a semi-massive pyrite-quartz breccia, hydrothermal stockwork, approximately 275 m below the GS-22-134 high-grade gold intercept. This high-grade 1.5 m intercept of 59.53 g/t AuEQ within GS-22-151-W1 represents a 350-meter step-out intercept from the 2021 drilling. Our technical team views this as a significant discovery as these high-grade intercepts may be connected but further drilling is recommended to confirm the orientation and consistency along the structural corridor which hosts these and other recently reported high-grade intercepts within the northeastern aspect of the Goldstorm Deposit. Drilling results from hole GS-22-151-W1 have been partially received to date and have been reported as such. Complete assays for incomplete holes included here will be fully reported in the subsequent drill results release."

"Additionally, we are enjoying success with our in-fill drill program. Drill hole GS-22-154 was drilled in-place of GS-22-152 which was stopped due to extreme hole deviation that could not be corrected. GS-22-154 intersected 2.02 g/t AuEQ over 180 m with an enriched core that carried 3.18 g/t AuEQ over 93 m within the 300H domain. However, much higher gold values of 4.38 g/t AuEQ over 57 m with an enriched portion of 7.84 g/t AuEQ over 15 m were intersected in the upper portion of the fore-mentioned 3.18 g/t AuEQ over 93 m."

"We have reported results from approximately 60% of the holes completed to-date. After drilling is completed, we will plan to incorporate these recent extraordinary results into an updated NI 43-101 Mineral Resource Estimate for 2023. The Goldstorm Deposit remains open in all directions and at depth."

Natalie Senger, VP Resource Development, adds: "These drill results will contribute to the redefinition of the Copper Belle and Goldstorm resource domains. The 2021 and 2022 drilling has significantly improved our understanding of the continuity of mineralization, especially within the inferred resource portions of the DS5 and CS600 domains. Tudor's objective is to optimize the resource domains by focusing on the most contiguous portions of mineralization with the highest grades, while optimizing the overall ounces of gold, silver, and copper. We are confident that the next NI 43-101 Mineral Resource Estimate will provide a much more robust model on which to develop the project and to continue exploration where necessary."

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm Zones. Results included in this press release are reported from five diamond drill holes that were drilled on the Goldstorm Deposit (Sections 111+25 NE, 116+50 NE, and Section I). At Goldstorm, three out of five holes were drilled partially or completely outside the 2021 NI 43-101 Mineral Resource Estimate area (see link: corresponding Treaty Creek plan map and sections).

GOLDSTORM DEPOSIT

SECTION 111+25 NE

  • GS-22-153 was drilled to target the footwall of the Treaty Thrust Fault 1 (TTF1) where the March 2021 NI 43-101 Mineral Resource Estimate classified the area largely as Inferred Mineral Resource. The drill hole successfully intercepted TTF1, below which intercepted 180.0 m grading 1.02 g/t AuEQ (0.96 g/t Au, 3.68 g/t Ag, 0.02 % Cu) within a broader envelope of 0.75 g/t AuEQ (0.70 g/t Au, 3.20 g/t Ag, 0.01 % Cu) over 355.3 m.

SECTION 116+50 NE

  • GS-22-154 was drilled to target an area downdip of the CS600 domain, which exists outside of the March 2021 Mineral Resource area. The drill hole also intersected the 300H domain and encountered significant mineralization; 93.0 m grading 3.18 g/t AuEQ (3.12 g/t Au, 4.59 g/t Ag, 0.01 % Cu) within a 180.0 m envelope of 2.02 g/t AuEQ (1.97 g/t Au, 3.72 g/t Ag, 0.01 % Cu). Assays for the CS600 interval are pending and will be released in the next drill results release.

SECTION I

  • GS-22-151 was drilled to target a 150 m step out from GS-22-133. The hole shallowed more than expected and the drill hole was terminated, and a new wedge drill hole (GS-22-151-W1) was drilled from this drill hole. Prior to termination, the hole reached mineralization that averaged 1.20 g/t AuEQ (1.19 g/t Au, 0.66 g/t Ag, 0.01 % Cu) over 18.0 m.

GS-22-151-W1 continued from its parent drill hole GS-22-151 to intersect the northwest extent of CS600. A high-grade interval of 59.53 g/t AuEQ (59.30 Au, 12.80 g/t Ag, 0.07 % Cu) over 1.5 m was drilled at the hanging wall side of the CS600 domain within a broader envelope of 202.5 m grading 1.27 g/t AuEQ, (0.93 g/t Au, 1.92 g/t Ag, 0.27 % Cu). Assays for the complete CS600 interval are pending and will be released in the next drill results release.

Table 1: Drilling Results for the Goldstorm Deposit in Press Release September 13, 2022

Section Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (ppm) AuEQ (g/t)
I GS-22-151 (300H) 549.00 567.00 18.00 1.19 0.66 76 1.20
I GS-22-151-W1 (300H) 57.00 139.50 82.50 1.22 1.40 176 1.25
  (CS600) 423.00 508.50 85.50 0.86 1.68 625 0.95
  And 532.50 627.00 94.50 0.76 1.50 1152 0.92
  And 744.00 946.50 202.50 0.93 1.92 2685 1.27
  Including 744.00 745.50 1.50 59.30 12.80 663 59.53
n/a GS-22-152(1) No significant values
111+25 NE GS-22-153 (300H) 303.20 658.50 355.30 0.70 3.20 136 0.75
  Including 327.00 459.00 132.00 0.96 3.68 207 1.02
116+50 NE GS-22-154 (300H) 418.50 598.50 180.00 1.97 3.72 124 2.02
  Including 429.00 522.00 93.00 3.12 4.59 101 3.18
  Or 438.00 495.00 57.00 4.30 5.91 96 4.38
  Or 438.00 453.00 15.00 7.76 6.48 63 7.84

 

(1) Drill hole GS-22-152 was terminated prior to target due to unfavourable deviation. Drill hole was re-drilled as GS-22-154.

  • 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 September 13, 2022

Section Hole ID UTM E NAD 83 UTM N NAD 83 Elevation (m) Azi (?) Dip (?) Depth (m)
I GS-22-151 428936.00 6273443.20 1391.00 317 -62 567
I GS-22-151-W1 428786.79 6273625.20 957.30 323 -62 1068(1)
n/a GS-22-152 428659.10 6273197.54 1368.70 305 -63 300
111+25 NE GS-22-153 428430.90 6272982.47 1371.20 300 -56 834
116+50 NE GS-22-154 428781.30 6273288.30 1344.90 293 -57 1551(2)

 

(1) Preliminary assays reported to 946.5 m in this press release. Complete results to be released in the following press release.
(2) Preliminary assays reported to 1236.0 m. Complete results to be released in the following press release.

Darren Blaney, President, and CEO of American Creek commented, "High-grade intervals at Treaty Creek are far more extensive than previously thought. Mr. Konkin, who was instrumental in the development of the neighboring Brucejack mine (Newcrest Mining), is seeing similarities in the geology at the Goldstorm deposit on Treaty Creek. These "Brucejack-like" structures are adding a new dimension to an already world-scale deposit. We commend Mr. Konkin for his determination, as recently stated in an interview, to put his head down and drill right through the market lows. Even though it's not being reflected in the current market, incredible value is being added to Treaty Creek with each new set of drill results."

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/136908

Cardston, Alberta--(Newsfile Corp. - August 23, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the fifth set of drill results for Phase l of the 2022 exploration program (the "Program") at their JV flagship property with Tudor Gold, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

Tudor Gold President and CEO Ken Konkin comments "We are extremely pleased with the 5th set of results for the 2022 Treaty Creek drill hole program. Not only do we see continued success in the step-out drilling of the large Goldstorm Deposit and its various domains, but we also see the continuation of hitting high-grades within pulses of gold and silver as a late-stage, over-printed style of mineralization. Notably, much higher silver mineralization is associated with these late-stage features as supported by a 1.5 meter (m) interval within the 300H domain which yielded 24.11 g/t AuEQ (20.40 g/t Au, 311 g/t Ag and 648 ppm Cu) within GS-22-146 as part of a 10.5 m composite that averaged 9.55 g/t AuEQ (8.77 g/t Au, 62.44 g/t Ag and 410 ppm Cu). Similarly, within hole GS-22-147, a 1.10 m intercept yielded 22.79 g/t AuEQ (13.4 g/t Au, 801 g/t Ag and 196 ppm Cu). These two high-grade precious metal intercepts occur deeper within the 300H domain and are 285 m apart from each other. Three of the six reported Goldstorm holes were step-out drill holes that were drilled outside the 2021 Resource Estimate area; the other drill holes were targeted to infill large blocks that represent significant tonnages within the resource model. Within the 300H domain, we continue to recover long intercepts of gold-silver mineralization that contains a core of gold-silver enrichment: GS-22-146 cut 517.5 m of 1.10 g/t AuEQ (1.02 g/t Au, 4.17 g/t Ag, 285 ppm Cu) with an enriched, deeper portion averaging 2.64 g/t AuEQ over 102 m (2.48 g/t Au, 8.88 g/t Ag and 491 ppm Cu). Step-out drill holes into the CS600 domain continue to produce strong copper grades associated with gold-sliver mineralization. GS-22-147 cut 0.41 % Cu over 87.0 m that averaged 1.01 g/t AuEQ (0.45 g/t Au, 6.86 g/t Ag, 0.41 % Cu)."

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm Zones. Results included in this press release are reported from twelve diamond drill holes that were drilled on the Eureka Zone (Sections EZ - A, EZ - B, EZ - C) and six diamond drill holes that were drilled on the Goldstorm Deposit (Sections E, F, G, H) At Goldstorm, three out of six holes were drilled partially or completely outside the 2021 Mineral Resource Estimate area (see link: corresponding Treaty Creek plan map and sections).

GOLDSTORM DEPOSIT

SECTION E

  • GS-22-146 was drilled to target the northwest extension of CS600. The successful CS600 intercept was spaced 125 m down-dip from previous drilling. The hole first drilled through an exceptional intercept of the 300H domain which returned 517.5 m grading 1.10 g/t AuEQ (1.02 g/t Au, 4.17 g/t Ag, 0.03 % Cu) which included a 10.5 m interval of 9.55 g/t AuEQ (8.77 g/t Au, 62.44 g/t Ag, 0.04 % Cu). The CS600 domain intercept reported 24.0 m grading 4.72 g/t AuEQ (4.50 g/t Au, 1.10 g/t Ag, 0.17 % Cu) within 88.5 m grading 2.10 g/t AuEQ (1.85 g/t Au, 2.39 g/t Ag, 0.18 % Cu).

SECTION F

  • GS-22-147 was also drilled as a northwest extension of CS600 with the hole landing 125 m from previous drilling, extending the CS600 down-dip. The 300H domain was intercepted prior to reaching the CS600 domain and reported several high-grade intervals, including 22.79 g/t AuEQ (13.4 g/t Au, 801.00 g/t Ag, 2.83 % Cu) over 1.10 m, and 11.25 g/t AuEQ (4.00 g/t Au, 335.00 g/t Ag, 2.83% Cu) over 1.05 m. The CS600 intercept reported 87.0 m grading 1.01 g/t AuEQ (0.45 g/t Au, 6.86 g/t Ag, 0.41 % Cu).
  • GS-22-148 was drilled as an infill hole within the 300H domain. The hole successfully intercepted 141.0 m grading 0.97 g/t AuEQ (0.91 g/t Au, 3.37 g/t Ag, 0.02 % Cu).

SECTION G

  • GS-22-150 targeted the CS600 along the north-western boundary of the domain to improve the understanding of continuity along the uppermost portion of the domain. The hole intercepted 52.5 m grading 1.09 g/t AuEQ (0.66 g/t Au, 15.91 g/t Ag, 0.21 % Cu) and was spaced 90 m to the southwest from previous drilling.

SECTION H

  • GS-22-144 stepped out 175 m to the northwest from the 2021 drilling and targeted the CS600 and DS5 domains which were both successfully intercepted. The CS600 intercept returned 90.0 meters grading 1.35 g/t AuEQ (0.73 g/t Au, 16.3 g/t Ag, 0.36 % Cu) within a broader envelope of 220.5 m grading 1.02 g/t AuEQ (0.62 g/t Au, 11.43 g/t Ag, 0.22 % Cu). Below this, the DS5 intercept reported 258.0 m grading 1.00 g/t AuEQ (0.95 g/t Au, 3.22 g/t Ag, 0.01 % Cu).

EUREKA ZONE

A total of twelve diamond drill holes were drilled in the Eureka Zone to identify the potential for mineralization across the zone as well as identify geological controls to improve the understanding of controls for mineralization. Several holes hit favourable mineralized intercepts, including:

  • EZ-22-04: 0.50 g/t AuEQ (0.32 g/t Au, 6.01 g/t Ag, 0.09 % Cu) over 81.0 m.
  • EZ-22-07: 0.51 g/t AuEQ (0.45 g/t Au, 3.75 g/t Ag, 0.01 % Cu) over 81.0 m.
  • EZ-22-08: 0.60 g/t AuEQ (0.50 g/t Au, 4.86 g/t Ag, 0.04 % Cu) over 152.7 m.
  • EZ-22-10: 0.54 g/t AuEQ (0.43 g/t Au, 5.43 g/t Ag, 0.04 % Cu) over 135.0 m.
  • EZ-22-12: 1.05 g/t AuEQ (0.89 g/t Au, 6.41 g/t Ag, 0.07 % Cu) over 46.0 m.
  • EZ-22-13: 0.58 g/t AuEQ (0.49 g/t Au, 4.78 g/t Ag, 0.03 % Cu) over 142.05 m.

Table 1: Drilling Results for Eureka Zone and Goldstorm Deposit in Press Release August 23, 2022

SectionHoleFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu (ppm)AuEQ (g/t)
n/aEZ-22-02No significant values
n/aEZ-22-03No significant values
EZ - CEZ-22-0492.00108.5016.500.259.1935670.78
101.00182.0081.000.326.019460.50
153.50182.0028.500.5211.975040.72
EZ - CEZ-22-0551.50149.0097.500.285.291510.36
EZ - CEZ-22-0663.15206.00142.850.305.091590.38
167.00206.0039.000.414.691400.48
179.00197.0018.000.645.692090.73
EZ - CEZ-22-078.0089.0081.000.453.751440.51
135.50159.5024.000.512.05740.54
EZ - AEZ-22-0826.30179.00152.700.504.864020.60
95.00179.0084.000.616.266490.76
n/aEZ-22-09No significant values
EZ - AEZ-22-1021.50156.50135.000.435.343580.54
98.00147.5049.500.478.828440.67
n/aEZ-22-11No significant values
EZ - CEZ-22-1236.0082.0046.000.896.416971.05
44.5072.0027.501.187.718171.38
EZ - BEZ-22-1326.90168.95142.050.494.783030.58
26.90100.5073.600.537.354000.67
HGS-22-144 (CS600)583.50804.00220.500.6211.4322161.02
Including640.50730.5090.000.7316.3036461.35
And including790.50798.207.702.3236.3121753.00
And (DS5)1051.501309.50258.000.953.221351.00
Including1092.001161.0069.001.355.472401.44
Or1109.201123.5014.302.7710.978002.99
And including1257.001291.5034.501.786.661301.87
EGS-22-146 (300H)168.50686.00517.501.024.172851.10
Including582.50684.50102.002.488.884912.64
With615.50647.0031.503.954.678654.10
And With672.50683.0010.508.7762.444109.55
Including680.00681.501.5020.40311.0064824.11
And (CS600)1274.001362.5088.501.852.3918432.10
Including1275.501299.5024.004.501.1017404.72
FGS-22-147 (300H)298.50568.50270.000.614.163350.70
Including349.30350.351.054.00335.002829011.25
And378.00378.500.503.45291.002830010.20
And427.50468.0040.501.022.331171.06
And (300H)799.501078.50279.000.684.682410.76
Including799.50868.5069.001.0415.903251.26
With832.90834.001.1013.40801.0019622.79
And (CS600)1284.001495.80211.800.404.5429120.80
Including1293.001380.0087.000.456.8640791.01
FGS-22-148(1) (300H)297.00640.50343.500.632.121200.67
Including498.00639.00141.000.913.371760.97
GS-22-149Hole failed to reach target. Not sampled.
GGS-22-150 (CS600)472.50715.50243.000.477.6311900.70
Including612.00664.5052.500.6615.9120881.09
(1) Hole GS-22-149 stopped short of intended target depth and was not sampled.
  • 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 23, 2022

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
n/aEZ-22-02429964.166272488.621318.65130-90332
n/aEZ-22-03429964.856272488.101318.65130-50104
EZ - CEZ-22-04429885.636272276.151380.95130-90264
EZ - CEZ-22-05429885.676272276.221380.92130-50149
EZ - CEZ-22-06429886.386272275.571380.85130-55254
EZ - CEZ-22-07429849.876272367.411357.83130-90275
EZ - AEZ-22-08429776.446272172.801376.43130-90182
n/aEZ-22-09429781.006272657.001224.09225-9099
EZ - AEZ-22-10429776.446272172.801376.43270-55156.5
n/aEZ-22-11429795.016272546.091278.09220-70125.5
EZ - CEZ-22-12429708.006272443.001292.00130-90201
EZ - BEZ-22-13429765.726272306.051345.64315-80189
HGS-22-144428936.006273443.001391.00310-841317
EGS-22-146428430.906272982.001371.21167-631508
FGS-22-147428651.006273191.001369.00295-601495.8
FGS-22-148428659.106273198.001368.70300-63663.4
FGS-22-149428659.106273198.001368.70308-62108
GGS-22-150428804.006273272.001322.00295-88819

 

Darren Blaney, President, and CEO of American Creek commented, "We are very pleased to announce the 5th set of drill results from the world class Treaty Creek joint venture. Today's announcement is highlighted by GS-22-146. 102 Meters of 2.64 g/t AuEq is simply outstanding. The results today also show more of the high-grade potential the property has as our operating partner Tudor Gold continues to narrow in on the fantastic high-grade assay results. We now have 3 drill holes released with intercepts in excess of 20 g/t AuEq.

The potential of Treaty Creek continues to be outstanding with blue sky all around. Results from the Eureka zone look very promising and the Goldstorm continues to hit massive intercepts in aggressive step out and infill holes. We look forward to the continued success and future results."

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/134553

Cardston, Alberta--(Newsfile Corp. - August 11, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the fourth set of drill results from operator Tudor Gold for Phase l of the 2022 exploration program (the "Program") at their flagship project, the Treaty Creek JV, located in the heart of the Golden Triangle of Northwestern British Columbia.

Ken Konkin, President and CEO, comments "During the 2021 drill program, we drilled hole GS-21-113-W2 to the maximum depth possible and noted that the strongest sulphide mineralization occurred at the bottom of this hole. A decision was made to leave the casing and HQ rods in GS-21-113-W2 with the plan of returning to re-enter the hole this year with a more powerful diamond drill rig and we succeeded! The hole was extended 280.1 meters (m) demonstrating that gold and copper grades increase with depth as the strongest mineralization occurs between 1520 m and 1688 m. This portion of the hole averages 2.48 g/t AuEQ over 168 m with copper averaging 0.82 %. Silver mineralization is also becoming stronger at depth within the CS600 domain. In addition, results from targeting the DS5 domain were also successful with drill hole GS-22-139 which intersected 428 m of 1.07 g/t AuEQ and included an enriched upper portion that averaged 1.36 g/t AuEQ over 172.4 m. As previously reported, high-grade visible native gold has occurred from two of three aggressive step-out holes that were 225-meter and 500-meter step-out holes from the 2021 drilling program within the northeastern sector of the Goldstorm Deposit. These high-grade gold results may add a new dimension to the exploration potential of this project and we will continue to advance and explore this rapidly expanding aspect of these well mineralized domains."

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan for several areas, including the Goldstorm Deposit and the Eureka and Calm Before the Storm Zones. Results included in this press release are reported from six diamond drill holes that were drilled on the Goldstorm Deposit from sections C and D. Five out of six holes were targeted outside the 2021 Mineral Resource Estimate area (see link: corresponding Treaty Creek plan map and sections).

GOLDSTORM DEPOSIT

SECTION C

  • GS-21-113-W2, a 2021 drill hole (see November 30, 2021 press release), was re-entered and extended by 280.1 m to a total depth of 1855.1 m. The composited interval that includes 300H and CS600 domains, that was calculated in 2021, has been expanded from 1320.0 m of 0.97 g/t AuEQ to 1497.5 m grading 1.12 g/t AuEQ. The CS600 domain intercept was expanded from 556.5 m of 1.38 g/t AuEQ to 732.0 m grading 1.60 g/t AuEQ. The high-grade bottom segment of CS600 originally reported 57.0 m grading 2.34 g/t AuEQ which has now been extended to 168.0 m of 2.48 g/t AuEQ (1.41 g/t Au, 0.82 % Cu); visible gold was noted in one core sample. The drill hole successfully exited the lower boundary of the CS600, however, a downdip boundary (northwest boundary) of the orebody has not been identified and the CS600 currently remains open at depth where gold and copper grades are the highest. Increasing grades at depth are closely correlated with increasing potassic alteration as drilling information vectors towards the magmatic source of this extensive porphyry system.
  • GS-22-143 stepped out 225 m to the northeast from the 2021 drilling and targeted 300H and CS600 mineralization. In addition to the high-grade interval of 39.15 g/t AuEQ over 2.0 m that was previously reported (see July 26, 2022 press release) a 102.25 m interval grading 0.98 g/t AuEQ in the CS600 area was intercepted which included a 1.5 m interval of 14.7 g/t AuEQ. The hole skimmed the upper boundary of the CS600, however, deviation did not allow the hole to get into the core of the porphyry where higher grades have been measured. Assays for this hole are fully reported in this press release.

SECTION D

  • GS-22-139 targeted the DS5 domain and returned 438.0 m grading 1.07 g/t AuEQ. Within this, two high-grade intervals consisted of 28.4 m grading 1.95 g/t AuEQ and 24.0 m grading 2.05 g/t AuEQ. This hole is located 250 m to the northeast from the 2021 drill holes.

Table 1: Drilling Results for Goldstorm Deposit in Press Release August 11, 2022

SectionHoleFrom (m)To (m)Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
(ppm)
AuEQ
(g/t)
CGS-21-113-W2(1)
(300H +CS600)
255.001752.501497.500.763.7026851.12
Including
(300H)
255.00352.5097.501.252.16781.28
And
including (300H)
590.00659.0069.001.803.61781.85
And
including (CS600)
1019.001751.00732.000.915.6553141.60
Or1520.001688.00168.001.419.0781532.48
DGS-22-139
(DS5)
714.001152.00438.000.967.331711.07
Including735.00907.40172.401.1713.572831.36
Or760.50832.5072.001.496.021711.58
Or879.00907.4028.401.3543.717511.95
And
including
997.501112.00114.501.213.23741.26
Or1009.501044.0034.501.573.24781.62
Or1081.501105.5024.001.994.22992.05
n/aGS-22-140(2)Hole was lost and abandoned, no significant values,
plan to re-drill target
n/aGS-22-141(3)Hole was lost and abandoned, no significant values,
plan to re-drill target
CGS-22-142(3)Hole was lost and abandoned, no significant values,
plan to re-drill target
CGS-22-143(4)
(300H)
559.00561.002.0038.9015.9653139.15
Including560.00561.001.0070.6024.9357270.96
And (300H)733.50760.5027.001.051.564731.13
And (300H)861.00890.5029.500.900.998411.01
And (CS600)1113.001215.25102.250.791.4714210.98
Including1212.001213.501.5014.2011.18309014.70
  1. Hole GS-21-113-W2 was drilled to 1575.0 m in 2021 and was extended by
    280.1 m to a depth of 1855.1 m in 2022. Composites include the parent hole
    assays (GS-21-113) to the depth of the wedge (292.5 m).
  2. Hole GS-22-140 stopped short of intended target depth and was not sampled.
  3. Hole GS-22-141 and GS-22-142 stopped short of intended target depth and
    reported no significant values.
  4. Hole GS-22-143 was reported to 985.5 m in the July 26, 2022 press release.
    Results are fully reported in the current press release.
  • 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 11, 2022

SectionHole IDUTM
E NAD 83
UTM
N NAD 83
Elevation
(m)
Azi (ᵒ)Dip (ᵒ)Depth (m)
 DGS-22-
139
 429255.0 6273307.0 1204.0 87 -76 1217
 n/aGS-22-
140
 429362.3 6273150.3 1202.2 295 -87 269
 n/aGS-22-
141
 428741.8 6272910.4 1248.0 295 -82 138
 CGS-22-
142
 429077.7 6273007.9 1228.0 295 -85 261
 CGS-21-
113-W2
 428679.3 6273341.8 1076.9 301 -64.5 1855.1

 

Darren Blaney, President, and CEO of American Creek commented: "The Goldstorm deposit continues to amaze! Hole GS-21-113-W2 is simply a world class hole.

This latest hole, along with major step out holes to the north, continue to show the truly massive size of this deposit. Hole GS-22-139 which returned 438m of 1.07 grams per tonne gold equivalent, is impressive in its own right and is located 250m northeast of previous drilling. Recently announced holes GS-22-133 and 134 stepped out 200m and 500m to the northwest and returned 600m of 0.91 grams per tonne gold equivalent and 663 meters of 0.97 grams per tonne gold equivalent respectively. These results are obviously going to have a significant impact on an updated resource calculation for the Goldstorm deposit."

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/133514

Cardston, Alberta--(Newsfile Corp. - July 26, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the third set of JV partner Tudor Gold's drill results for Phase l of the 2022 exploration program (the "Program") at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

Ken Konkin, President and CEO of Tudor Gold, commented: "We are extremely pleased to report this second consecutive high-grade, visible gold intercept from our northeastern step-out drilling. This 70.96 g/t AuEQ intercept over one meter is now highest single gold grade intercept of the project. The unique aspect of the two-meter composite of 39.15 g/t AuEQ and the 4.5 meter visible gold composite from GS-22-134 that averaged 20.86 g/t AuEQ is that they both appear to have similar modes of occurrence that resembles the gold mineralization at the Valley of Kings (VOK) Deposit at Newcrest's Brucejack Lake Mine adjacent to our southern border. Most of the free-gold mineralization at the Goldstorm Deposit is associated with quartz-pyrite veinlets but it also appears as fine disseminated grains of free visible gold within host rock as observed in this high-grade intercept within GS-22-143. This may be a colloidal-type mineralization which is also observed at the Brucejack Lake Mine. Gold mineralization at the VOK Deposit occurs as electrum, however the visible gold found at the Goldstorm Deposit occurs as native gold. As with the discovery of R-66 to the southeast, these new high-grade gold intercepts may be completely different pulses of mineralization that can occur outside the known limits of the porphyry style of gold mineralization. Clearly more drilling is required to better understand the grade distribution and consistency within the northeastern portion of the Goldstorm Deposit."

Darren Blaney, President, and CEO of American Creek, commented: "These high-grade results add a new dimension to the Goldstorm deposit. Potentially having the type of mineralization as the neighbouring Brucejack Mine is a very significant development. It's great to have Ken, the expert in this field, at the helm given he was instrumental in developing the Brucejack Mine. The geology within this system is truly fascinating."

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones. Results included in this press release include preliminary results from one diamond drill hole from the Goldstorm Deposit that was targeted outside the 2021 mineral resource area (see link: corresponding Treaty Creek plan map and sections).

GOLDSTORM DEPOSIT

SECTION B

  • GS-22-143 stepped out 225 m to the northeast from the 2021 drilling and targeted 300H and CS600 mineralization. A high-grade interval of 39.15 g/t AuEQ over 2.0 m was intercepted in an area that spatially lines up with the 300H mineral domain, however, is interpreted as potentially being a separate mineralization event. Visible gold was found hosted within the fabric of the host rock.

Table 1: Drilling Results Goldstorm and CBS in Press Release July 26, 2022

SectionHoleFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu (ppm)AuEQ (g/t)
BGS-22-143 (300H)559.00561.002.0038.9015.9653139.15
Including559.00560.001.007.206.994907.34
And including560.00561.001.0070.624.9357270.96
And (300H)733.50760.5027.001.051.564731.13
And (300H)861.00890.5029.500.900.998411.01
  • 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 July 26, 2022

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
BGS-22-143429047.06273269.0224.0312-501215.25(1)
(1) Preliminary assays reported to 985.5 m in this press release. Complete results to be released in the following press release.

 

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/131932

Cardston, Alberta--(Newsfile Corp. - July 20, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the second set of JV partner Tudor Gold's drill results for Phase l of the 2022 exploration program (the "Program") at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

Ken Konkin, President and CEO of Tudor Gold, commented: "Continuing from the impressive drill results presented in the July 12th 2022 Press Release that reported a 200 m northeastern step-out from the 2021 program, we are extremely pleased to present the second set of results of our 2022 Goldstorm resource expansion drill program. The previously announced GS-22-133 (0.91 g/t AuEQ over 600.0 m, with an enriched zone of 1.51 g/t AuEQ over 237.3 m) is extremely consistent with the results obtained from GS-22-134 that yielded 0.97 g/t AuEQ over 663.0 m, with an enriched zone of 1.76 g/t AuEQ over 205.5 m. These holes are located approximately 300 m apart. Significantly, we also discovered a high-grade pulse of gold mineralization within GS-22-134 that carried 20.86 g/t AuEQ over 4.5 m within a 25.5 m zone of 9.96 AuEQ, which displayed 17 occurrences of free visible gold within stockwork veins. In addition, we are seeing continued success with drill holes completed on the DS5 domain. Step-out drilling that has expanded the area of this domain includes GS-22-137 which contained 1.44 g/t AuEQ over 232.5 m, with an enriched zone of 2.03 g/t AuEQ over 60.0 m. The Goldstorm deposit remains open in all directions and at depth. Drilling at our newly discovered CBS system provided positive results with numerous at surface intercepts that ranged between 1.00 g/t AuEQ to 1.53 g/t AuEQ over 7.5 m to 9.4 m, with a deeper intercept that grades 0.77 g/t AuEQ over 79.5 m. Continued drilling is recommended for the CBS Zone, however, for the remainder of this season all drills will continue drilling at Goldstorm, as the extent of this deposit continues to expand with extremely positive results. We have stepped out approximately half a kilometer with outstanding and consistent results and we will continue to drill step-out holes for 2022."

Darren Blaney, President, and CEO of American Creek commented: "These results mark another milestone at Treaty Creek. With these new high-grade intercepts, the discussion around how much blue sky remains in this project is completely reinvigorated. The 25.5 m of 9.96 g/t high-grade interval is part of a 663 meter intercept of roughly 1 g/t gold equivalent, a half kilometer north of last year's drilling. Hole GS-22-133, a 200m step-out, indicates that the mineralization is continuous. Just two holes, GS-22-133 and 134, have expanded the Goldstorm 500 meters to the north by 600 meters deep! And incredibly, the Goldstorm still remains open in all directions, with continued step-out drilling being spectacular. Our management team and shareholders are more than impressed by this series of results and look forward to future ongoing news this season. Tudor is once again delivering what we all hoped for!"

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones. Results included in this press release are reported from eight diamond drill holes; four that were drilled on the Goldstorm Deposit from sections 112+00 and A, and four that were drilled on the Calm Before the Storm Zone (CBS). Seven out of eight holes were targeted outside the 2021 Mineral Resource Estimate area.

(see link: corresponding Treaty Creek plan map and sections).

GOLDSTORM DEPOSIT

SECTION A

  • GS-22-134 stepped out on the 300H and CS600 resource area and returned 663.0 m grading 0.97 g/t AuEQ. The hole ended 500 m to the northeast from the 2021 drilling, well outside the existing resource estimate area. A high-grade interval of 9.96 g/t AuEQ over 25.5 m contained an enriched zone of 20.86 g/t AuEQ over 4.5 m. This 25.5 m interval of a newly discovered high-grade gold pulse contained 17 occurrences of visible gold and is interpreted to be either a continuation of CS600 or a separate intrusive stock that is genetically related to CS600.
  • GS-22-136 stepped out on the DS5 resource area and returned 34.5 m of 2.64 g/t AuEQ within 82.7 m of 1.62 g/t AuEQ. GS-22-136 stepped out 80 m from the 2021 drilling and tested the continuity of mineralization proximal to the Treaty Thrust Fault 2 (TTF2).
  • GS-22-137 stepped out on the DS5 resource area and returned 232.5 m of 1.44 g/t AuEQ within 442.5 m of 1.02 g/t AuEQ (DS5). An intersection of CS600 was also observed; previously it was hypothesized that CS600 could be pinched off to the east. Both intersections significantly improve the understanding of the size and continuity of both the CS600 and DS5 and will be valuable additions to the next resource estimate. GS-22-137 stepped out 125 m from the 2021 drilling.

SECTION 112+00 NE

  • GS-22-138 tested the southern boundary of the DS5 resource area and returned 33.5 m of 1.00 g/t AuEQ within 108.0 m of 0.70 g/t AuEQ. This hole also provided infill drilling of CS600 which confirmed with a near surface copper-gold intersection of 241.5 m of 0.80 g/t AuEQ.

CALM BEFORE THE STORM (CBS)

SECTION CBS

  • CBS-22-04 confirmed the near surface mineralization with an intersection of 8.85 m of 1.30 g/t AuEQ. A second deeper intersection returned 42.25 m of 1.03 g/t AuEQ within 79.5 m of 0.77 g/t AuEQ.
  • CBS-22-05 confirmed the near surface mineralization with an intersection of 9.7 m of 1.00 g/t AuEQ. A second deeper intersection returned 12.0 m of 1.00 g/t AuEQ within 30.0 m of 0.67 g/t AuEQ.
  • CBS-22-06 confirmed the near surface mineralization with an intersection of 7.5 m of 1.04 g/t AuEQ.

CBS-22-07 confirmed the near surface mineralization with an intersection of 7.5 m of 1.56 g/t AuEQ.

Table 1: Drilling Results Goldstorm and CBS in Press Release July 19, 2022

SectionHoleFrom (m)To (m)Interval
(m)
Au (g/t)Ag (g/t)Cu
(ppm)
AuEQ
(g/t)
AGS-22-134 (300H)601.50711.00109.501.081.21341.10
And (CS600)879.001542.00663.000.832.079650.97
Including1320.001525.50205.501.610.7212201.76
Or1474.501500.0025.509.661.2324369.96
Or1474.501479.004.5020.611.50196820.86
AGS-22-136 (DS5)906.00988.7082.701.554.561411.62
Including907.50942.0034.502.593.61702.64
AGS-22-137 (CS600)478.50573.0094.500.495.536430.63
Including (DS5)531.00547.5016.501.163.276061.27
And733.501176.00442.500.964.031681.02
Including906.001138.50232.501.346.452201.44
Or1056.001116.0060.001.907.882662.03
112+00
NE
GS-22-138 (CS600)136.00377.50241.500.487.5719620.80
Including148.00163.0015.000.678.3627291.09
And (DS5)589.00697.00108.000.644.08940.70
Including589.00622.5033.500.897.951691.00
CBSCBS-22-044.6513.508.851.272.22211.30
And307.50387.0079.500.6213.18360.77
Or307.50349.7542.251.011.48381.03
CBSCBS-22-053.8036.0032.200.501.23250.52
Including3.8013.509.700.981.68231.00
And217.50247.5030.000.660.5490.67
Including217.50229.5012.000.990.95101.00
CBSCBS-22-066.0031.5025.500.500.43220.51
Including6.0013.507.501.030.56201.04
CBSCBS-22-076.0045.0039.000.580.87220.60
Including7.5015.007.501.550.60211.56
· 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 July 19, 2022

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
AGS-22-134428936.06273443.21391.0326-571584
AGS-22-136429166.06273029.41220.1295-85996
AGS-22-137429049.26273267.21225.3320-801176
112+00 NEGS-22-138428856.66272854.51244.6295-84742
CBSCBS-22-04430725.06273999.1980.5200-54469
CBSCBS-22-05430725.06273999.2980.7200-60548.5
CBSCBS-22-06430725.26273999.6980.7200-70555
CBSCBS-22-07430725.76273999.5980.5180-65579

 

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/131356

Cardston, Alberta--(Newsfile Corp. - July 13, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to present the first set of drill results for Phase l of the 2022 exploration program (the "Program") conducted by Tudor Gold at their Joint Venture project, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

The Program at the Treaty Creek property includes an aggressive resource expansion and delineation plan on several areas including the Goldstorm Deposit and the Eureka and Calm Before the Storm zones. Results included in this press release are reported from five diamond drill holes that were drilled on the Goldstorm Deposit from sections 109+50 NE, 116+00 NE, and 117+00 NE. All holes were targeted outside the 2021 Mineral Resource Estimate area (see link: corresponding Goldstorm Deposit plan map and sections).

SECTION 109+50 NE

  • GS-22-135 intersected 55.50 meters (m) grading 1.42 g/t AuEQ within 190.5 m of 0.80 g/t AuEQ. The hole targeted a high-grade intercept from the 2020 program (GS-20-66) which sits outside of the current resource area. The new zone has been named "Route 66" and warrants further exploration to understand the extents of the system. Visible gold was identified in the drill core.

SECTION 116+00 NE

  • GS-22-129 stepped out on the DS5 resource area and returned 28.5 m of 2.33 g/t AuEQ within 89.35 m grading 1.02 g/t AuEQ. Gold and silver mineralization was encountered past the footwall side of the Treaty Thrust Fault 2 (TTF2). The extension of DS5 to the northeast and renewed understanding of the nature of mineralization shows that this domain is vast in size and remains unbounded. GS-22-129 stepped out 150 m from the 2021 drilling.

SECTION 117+00 NE

  • GS-22-130 intersected DS5 mineralization grading 1.51 g/t AuEQ over 45.0 m within 91.5 m grading 1.17 g/t AuEQ. Similar to GS-22-129, mineralization was encountered past the footwall of TTF2. GS-22-130 stepped out 175 m from the 2021 drilling.
  • GS-22-131 also targeted DS5 and intersected mineralization past the footwall of TTF2, returning 1.07 g/t AuEQ over 26.5 m, within 163.0 m of 0.61 g/t AuEQ. GS-22-131 stepped out 115 m from the 2021 drilling.
  • GS-22-133 stepped out 200 m from the 2021 northern drilling extents of 300H and CS600 domains. An exceptional interval of 1.51 g/t AuEQ (0.89 g/t Au, 0.49 % Cu) over 237.3 m was reported within a broader mineralized zone of 0.91 g/t AuEQ over 600.0 m. This confirms the extension of CS600 to the north and shows an increase of gold and copper grades at depth.

Darren Blaney, President and CEO of American Creek, stated: "Every year, the anticipation of the first round of drill results is an exciting time. We are very pleased that once again, Treaty Creek and the Tudor Gold team have delivered the goods, and this first round of very strong expansion drill results is welcomed by our team and shareholders alike as this is shaping up to be another monumental year of development and discovery at one of the most exciting gold projects in the world."

Ken Konkin, President and CEO of Tudor Gold, commented: "We are extremely pleased with the first set of results of our 2022 Goldstorm resource expansion drill program. We continue to encounter strong gold, silver and copper mineralization outside the previously defined resource area. The overall strength and consistency of the Goldstorm system continues to amaze our entire technical team as the deposit remains open in all directions and at depth. We have commissioned the next set of 200 m to 300 m step-out holes based on these overwhelming positive results. Additionally, we have confirmed the discovery of a new zone in the southern portion of Goldstorm which adds yet another dimension to this expanding deposit. Based on an intercept obtained in 2020 from GS-20-66 which was formerly believed to be part of the CS600 Domain (2.15 g/t AUEQ over 75.0 m), the 100 m step-out hole GS-22-135 intercepted an up-dip expression of 1.42 g/t AUEQ over 55.5 m. This has been named Route 66 (R-66). This is clearly a gold-dominant system that exists separate to the known CS600 and DS5 Domains. Drilling continues at a fast pace at Treaty Creek with eight drill rigs on site. Our crews have completed over 20,000 m of drilling to-date and we anticipate more results to be released in a timely manner throughout the summer."

Table 1: Drilling Results Goldstorm in Tudor Gold Press Release July 12, 2022

SectionHoleFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu (ppm)AuEQ (g/t)
109+50 NEGS-22-135(1) (R-66)185.00375.50190.500.780.741490.80

Including185.00240.5055.501.381.032121.42

Or195.50225.5030.001.841.011741.88
116+00 NEGS-22-129 (DS5)968.151057.5089.350.889.472971.02

Including994.501023.0028.502.0716.875252.33
117+00 NEGS-22-130 (DS5)1029.001120.5091.501.047.303041.17

Including1072.501117.5045.001.407.142431.51
117+00 NEGS-22-131 (DS5)1155.501318.50163.000.454.778110.61

Including1155.501182.0026.500.7913.1910751.07

Or1288.501315.5027.000.721.75510.75
117+00 NEGS-22-133 (300H)345.00453.00108.000.572.37630.61

And (300H)670.50711.0040.501.350.63241.36

And (300H, CS600, DS5)804.001404.00600.000.602.3524140.91

Including (CS600)1081.501318.80237.300.893.9748951.51
(1) Hole GS-22-132 stopped short of the intended target and was redrilled as GS-22-135. GS-22-132 was not sampled.
· 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 Tudor Gold Press Release July 12, 2022

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
109+50 NEGS-22-135428780.26272598.51271.5295-85500
109+50 NEGS-22-132428779.06272599.01271.3295-85282.25
116+00 NEGS-22-129429201.56273086.41213.8300-881168.3
117+00 NEGS-22-130429209.76273196.21210.0300-881161
117+00 NEGS-22-131429296.86273292.41201.1296-841335
117+00 NEGS-22-133428923.26273439.21392.4302-621404

 

Qualified Person

The Qualified Person for this news release for the purposes of National Instrument 43-101 is Tudor Gold's President and CEO, Ken Konkin, P.Geo. Mr. Konkin heads the exploration being conducted at the Treaty Creek Joint Venture Project. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

QA/QC

Diamond 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 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/130722

Cardston, Alberta--(Newsfile Corp. - June 28, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Company"), has received the following statement from its Joint Venture Partner, Tudor Gold Corp.: "It is with great sadness that we announce the passing of the Company Founder and Chairman Mr. Walter Storm at the age of 91. On behalf of our Board of Directors, our leadership team and our employees, we extend our sympathies to Walter's family and friends."

In 2015, Walter Storm purchased various promising mining claims near Stewart, B.C. - within an area known as the "Golden Triangle" due to its significant gold deposits. In the following year he closed a qualifying transaction with a public company, which was later renamed TUDOR GOLD Corp. Under his supervision he advanced Tudor Gold's gold exploration and development efforts. After several successful drill programs completed by the Company, in March 2021 Tudor Gold published an initial mineral resource estimate for its flagship project Treaty Creek, which confirmed the Goldstorm Deposit as one of the largest gold discoveries of the last 30 years (see Tudor Gold press release dated March 9, 2021).

Walter held the position as CEO of Tudor Gold until December 2021 and continued to serve the Company as Chairman of Tudor's Board of Directors until his passing. Mr. Storm was a successful entrepreneur with several decades of experience in Africa, Europe, the Middle East, and North America. Throughout his career, Mr. Storm was successfully active across multiple industries, including the forest industry in Canada, mining industry in West Africa and Canada, as well as oil production and road transportation from Europe to Central Asia and Russia.

Mr. Storm left his mark in Canada by providing startup financing to Osisko Mining for Canadian Malartic, a large gold mine in the province of Quebec, through a German holding company (Eurasia) in which he held a majority ownership and acted as Chairman of the Supervisory Board. During Mr. Storm's tenure, Eurasia not only funded the startup of Osisko Mining in 2004, but also helped the company reach market capitalization of CAD$4.50 Billion before being sold in 2014.

Ken Konkin, President and CEO of Tudor Gold Corp. Ken commented: "The loss of Walter is felt profoundly, not only by his family, his friends and me, but also by Tudor's employees and colleagues who had the privilege of knowing him during his over 60 years of devotion to his various business endeavours. Walter will be remembered as a generous, highly ethical and visionary leader who had a keen business sense and had successfully built companies in different industries. He embodied the spirit of our company with his deep sense of loyalty, his humor and his strong moral compass. Walter's expansive business knowledge allowed him to steer many successful companies in a variety of industries. He was always willing to consider something new, and if he became involved, Walter was determined to leave it better than he found it. He will be missed."

Darren Blaney, President and CEO of American Creek Resources stated: "Walter showed his qualities as a great businessman as well as a true gentleman from the first time we met. It was evident he recognized the potential and had a vision for Treaty Creek, as well as the ability and knowledge to carry it through. It was also evident early on that treating people fairly and well throughout that process was also one of his great attributes and foundational to his record of success. We always appreciated and enjoyed our friendship and business relationship with Walter and we will miss him.

Fortunately, Walter set up Tudor Gold to be a successful company even after his departure. Ken Konkin, Tudor's President & CEO is an award-winning Professional Geologist with over 40 years of industry experience throughout the Americas and Russia. Mr. Konkin spent 19 years with Silver Standard Mining Inc. and managed several advanced exploration programs including Manantial Espejo in Argentina, San Luis and Berenguela in Peru, and the neighbouring Snowfields-Brucejack in the Golden Triangle which recently sold for $3.5 billion.

Ken has surrounded himself with a team of high-quality talent from Natalie Senger, the Chief Geologist, to the recent additions of Joseph Ovsenek and Ken McNaughton as advisors, who have enjoyed incredible success in exploration, development, permitting, financing, building and operating mines.

Walter once stated to me that he thought Treaty Creek had more potential than the Canadian Malartic mine, Canada's largest producing gold mine, that we was involving in financing. We're confident that the team Walter put together will prove him right and carry on his legacy of success."

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 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 Company 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/129319

Cardston, Alberta--(Newsfile Corp. - June 2, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Company"), an exploration company engaged in the acquisition, exploration and development of precious metals deposits within British Columbia, is pleased to announce that it has received approval to begin trading on the OTCQB Venture Market ("OTCQB"). Shares of American Creek will trade under the ticker "ACKRF" as of June 2, 2022. The OTCQB is a Venture Market that was established as a premier market for early-stage and developing U.S. and international companies to gain exposure to a wider network of investors. The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol AMK.

An application with the Depository Trust & Clearing Corporation (DTCC) is currently pending to further enable the easier electronic clearing and settlement of the Company's common shares in the United States.

"We are pleased to offer investors yet another avenue for trading our shares and look forward to increasing the awareness around our company for U.S. investors. We believe that trading on the OTCQB can lead to overall enhanced liquidity and visibility in global capital markets," said President and CEO Darren Blaney. "The Treaty Creek project in BC's prolific Golden Triangle is turning into a world class project that deserves as wide a coverage as possible."

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 Company 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/126237

Cardston, Alberta--(Newsfile Corp. - May 25, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce their JV partner Tudor Gold's exploration efforts have doubled for Phase l of the 2022 exploration program (the "Program") at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. The fully funded Program consists of a 30,000 metre (m) diamond drilling campaign that has been developed to systematically test the extension of the Goldstorm Deposit well beyond the limits that were outlined in the 2021 Mineral Resource Estimate (American Creek press release dated March 9, 2021: reported a Measured and Indicated Mineral Resource of 19.41 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Mineral Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq). In addition, exploration diamond drilling will focus on the Calm Before the Storm (CBS) and the Eureka zones (EZ or Eureka).

During the past two weeks, Tudor's crews have mobilized four more drill rigs to the site from the winter route via the Brucejack Access Road. Our drill contractors now have eight drill rigs working on three targets. Six drill rigs have commenced drilling the northern aspects of the Goldstorm Deposit as step-out exploration holes. One rig has been drilling at CBS as follow-up on last year's newly discovered gold-silver system, located 2.5 kilometres northeast of the Goldstorm Deposit. Additionally, crews have begun drilling the Eureka Zone located 800 meters southeast of the Goldstorm Deposit (Figure 1).

Ken Konkin, President and CEO, comments, "The start-up of 2022 exploration campaign has been a huge success. We are well ahead of schedule starting the step-out exploration drill holes in the northern aspects to the Goldstorm Deposit as well as initiating drill programs at CBS and Eureka. Additionally, we plan to complete a high-resolution aeromagnetic survey over our Treaty Creek and Crown claims with Terraquest Geophysics. A total of 1,600-line kilometres are expected to be flown during the next few days. This will serve as a vital mapping tool to aid continued exploration efforts throughout both properties. In addition to exploration, Tudor plans to construct an exploration access road that will connect our Lower Camp to our weather station area located 3.5 kilometers east of that camp. This route will eventually tie into the permitted access road that Seabridge Gold (Seabridge) is currently constructing from the Highway 37 junction at Glacier Creek. This will provide an all-weather road access to our project once completed. Seabridge has already completed the bridge construction for the Bell Irving River crossing at Glacier Creek.

"Our engagement efforts with local First Nations continue to develop. We have initiated contact with Nisga'a First Nations, and we have pledged follow-up meetings to ensure clear communication as the project evolves. Earlier in the year, Tudors' geologists and geotechicians held an informal Core Processing Workshop as an Open-Invite for the Tahltan community members in Dease Lake. It was a successful three-day session that included geotechnical procedures, QA/QC protocols as well core sampling and shipping procedures. We plan to continue to host these workshops in communities interested in gaining employment in the exploration sector. For many of those who attended, this was an excellent introduction to one small aspect of exploration. We are committed to include all First Nations including Tahltan, Skii Km Lax Ha and Nisga'a as part of our engagement process and we will continue to encourage participation with our future workshops to provide employment opportunities and public awareness to our industry sector."



Sulphurets Hydrothermal System

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's President and CEO, 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".

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/125185

Cardston, Alberta--(Newsfile Corp. - May 10, 2022) - American Creek Resources Ltd. (TSXV: AMK) (OTC PINK: ACKRF) ("the Corporation") is pleased to announce their JV partner Tudor Gold has commenced Phase l of the 2022 exploration program (the "Program") at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. The fully funded Program consists of a 30,000 metre (m) diamond drilling campaign that has been developed to systematically test the extension of the Goldstorm Deposit well beyond the limits that were outlined in the 2021 Mineral Resource Estimate (American Creek press release dated March 9, 2021 reported a Measured and Indicated Mineral Resource of 19.41 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Mineral Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq). In addition, exploration diamond drilling will focus on the Calm Before the Storm (CBS) and Eureka zones (EZ).

The 2021 exploration drilling campaign successfully infilled key areas of Tudor's 2021 Mineral Resource with reported gold and copper grades that were exceptionally higher than grades reported in the 2021 Mineral Resource Estimate. Tudor's 2022 exploration program will test the Goldstorm System for an additional 500 metres along the northeastern axis. (see Goldstorm Phase l Drill Program, plan map). The primary goal of the Program is to expand the size of the initial mineral resource and to define the limits of the mineralized domains.

Three drill rigs have commenced drilling the northern aspects of the Goldstorm Deposit as step-out exploration holes. Additionally, one rig has begun drilling at CBS as follow-up on last years' newly discovered gold-silver system, located 2.5 kilometres northeast of the Goldstorm Deposit. Crews are currently mobilizing an additional four drill rigs to site to 'fast-track' the exploration and potential continued expansion of the Goldstorm Deposit.

For the detailed Goldstorm drill plans Click Here

Ken Konkin, President and CEO, comments "This year we have planned a very robust drilling campaign that will focus 80% of the exploration as continued step-out drilling from the latest impressive 2021 results obtained from holes GS-21-113, GS-21-113-W1, GS-21-113-W2 and GS-21-119 in the northern sector of the Goldstorm Deposit (Table 1). The remaining 20% of planned holes will include Goldstorm resource definition drilling as well as exploration drill holes for CBS and Eureka gold systems. Our exceptional start-up team as done a superb job safely dealing with challenging conditions to mobilize drills and supplies utilizing the Brucejack Lake road to access our winter-haul route. We wish to thank Newcrest Mining for their assistance in allowing us to share the Brucejack access road so we could complete the mobilization of our equipment in a timely and cost-efficient manner. Our Phase ll plans will be contingent to the success of the Phase l drilling; we plan to concentrate our drilling in the areas that contain the strongest mineralization throughout the 300H, CS-600 and DS-5 domains. We also plan to test the hypothesis that the Eureka Zone may be the continuation of the DS-5 domain. The Goldstorm Deposit continues to amaze our geological team as it remains open in all directions and to depth with some of the most impressive and strongest gold-copper mineralization obtained late last year within the northern areas of this deposit."

TABLE 1: SUMMARY OF 2021 STEP-OUT DRILL HOLE RESULTS - GOLDSTORM NORTH

Section Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu ppm AuEQ (g/t)
116+50 NE GS-21-113 255.00 1227.00 972.00 0.91 3.66 2647 1.27
    255.00 711.00 456.00 1.30 3.34 101 1.35
    552.00 699.00 147.00 2.56 7.04 78 2.65
    822.00 1227.00 405.00 0.65 4.64 6179 1.44
    892.50 1165.50 273.00 0.77 5.50 8436 1.83
117+00 NE GS-21-113-W1 255.00 714.00 459.00 1.26 2.82 103 1.30
  Includes (300H) 555.00 714.00 159.00 2.28 5.14 94 2.35
  With 609.00 685.50 78.00 3.97 7.71 86 4.07
117+00 NE GS-21-113-W2 255.00 1575.00 1320.00 0.67 3.70 2159 0.97
  Includes (300H) 255.00 352.00 97.00 1.25 2.17 78 1.29
  With 589.50 658.50 69.00 1.80 3.61 78 1.85
  And Includes (CS600) 1018.50 1575.00 556.50 0.73 6.27 4892 1.38
  With 1518.00 1575.00 57.00 1.29 17.64 7149 2.34
116+50 NE GS-21-119 726.00 1290.00 564.00 0.96 8.45 244 1.09
    861.00 1057.50 196.50 1.62 10.31 153 1.76
  • 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.

 

Darren Blaney, Chief Executive Officer of American Creek, stated: "We are obviously very pleased and excited to see the commencement of the much anticipated 2022 Treaty Creek exploration program. We have high expectations as to what this program will accomplish in not only significantly expanding the existing gold resource, but also in the very high probability of further significant new discoveries.

Cannot view this image? Visit: https://orders.newsfilecorp.com/files/682/123397_b240b34504cf888c_001.jpg

Figure 1: Sulphurets Hydrothermal System

 

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's President and CEO, 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".

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/123397

Cardston, Alberta--(Newsfile Corp. - April 29, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Company" or "American Creek") congratulates JV Partner Tudor Gold on the announcement of the appointments of Mr. Joseph Ovsenek and Mr. Ken McNaughton to Tudor's Advisory Board. The announcement comes on the precipice of the largest projected drill program to date on the Treaty Creek Project.

American Creek CEO, Darren Blaney comments: "This announcement marks another example of Tudor Gold's commitment to aggressively advancing the Treaty Creek project. Lead by Mr. Ken Konkin, this top tier leadership team is poised to bring one of the largest gold discoveries in the past 30 years into the next chapter."

About the Tudor Gold Advisory Board Appointments

Joseph Ovsenek, currently President and CEO of P2 Gold Inc., has over 20 years of international management and legal experience in the precious metals industry. He has been responsible for building teams and leading the growth of public resource companies from early exploration stage to production. Before founding P2 Gold, Mr. Ovsenek was President and CEO of Pretium Resources Inc. where he led the advance of the high-grade gold Brucejack Mine which has been operating profitably since commercial start-up in 2017. Mr. Ovsenek began his nine-year tenure at Pretium in 2011 as Chief Development Officer and led the financing of the company from exploration stage to operations and was subsequently appointed President in 2015 and President and CEO in 2017. Prior to Pretium he served for 15 years in senior management roles for Silver Standard Resources Inc., lastly as Senior Vice President, Corporate Development responsible for the sale of the Brucejack and Snowfield assets to the newly created Pretium Resources Inc. Mr. Ovsenek holds a Bachelor of Applied Science degree from the University of British Columbia and a Bachelor of Laws degree from the University of Toronto. Mr. Ovsenek is a registered member of the Association of Professional Engineers and Geoscientists of British Columbia, and holds the Chartered Director (C.Dir) designation.

Ken McNaughton is a professional geological engineer with over 30 years of global experience developing and leading mineral exploration programs. He currently holds the position of Chief Exploration Officer at P2 Gold Inc. Prior to P2 Gold he was Chief Exploration Officer at Pretium Resources Inc., where he had been responsible for greenfield exploration programs since joining the company in 2011, shortly after it was formed to advance the early exploration-stage Brucejack Project. Prior to Pretium, Mr. McNaughton was Vice President, Exploration at Silver Standard Resources Inc. for 20 years, and he oversaw all exploration activities of the company including the exploration program for the Snowfield Project and the 2009 program when bonanza-grade drilling results established Brucejack as a high-grade gold discovery. Prior to Silver Standard, he was employed by Corona Corporation and its affiliate Mascot Gold Mines Ltd. as a project geologist and engineer for projects in British Columbia. Mr. McNaughton holds a Bachelor of Applied Science degree and a Master of Applied Science degree in geological engineering from the University of Windsor.

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".

American Creek 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 Company 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 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 Company's planned exploration activities will be completed in a timely manner. 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 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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/122127

Cardston, Alberta--(Newsfile Corp. - April 11, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") today announced that it has granted 5,600,000 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 $0.20 and are exercisable until April 10, 2032. The incentive options are subject to a hold period of four months and a day from issuance.

The Corporation's stock option plan is administered by American Creek's Board of Directors and is a "rolling" 10% stock option plan. The aggregate number of optioned common shares that may be issued upon the exercise of stock options granted under the stock option plan may not exceed 10% of the number of issued and outstanding common shares of the Corporation at the time of granting of options. In accordance with TSX Venture Exchange policies, as the stock option plan is a "rolling" stock option plan, it must receive approval of the Corporation's shareholders yearly at the Corporation's annual general meeting. The stock option plan authorizing the issuance of these incentive options was approved at the most recent annual general meeting held on December 14, 2021.

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 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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/120107

Cardston, Alberta--(Newsfile Corp. - April 7, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce that Tudor crews have been mobilized to prepare for the upcoming exploration program at our JV flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwest British Columbia. Crews are currently transporting heavy equipment and drilling supplies to site along our winter access from the Brucejack Lake Road. Crews will also be preparing the camps for the upcoming drill campaign set to commence early May.

Tudor Gold's President and CEO, Ken Konkin, P.Geo., states: "As in the previous season, the priority of our upcoming exploration program will be to expand and define the limits of the Goldstorm Deposit (GS), as mineralization remains open in all directions and at depth. Ten diamond drill rigs are scheduled to be mobilized to site throughout the month of May for an aggressive diamond drilling program. While the priority remains to complete the exploration and definition of the Goldstorm Deposit, exploration drilling will follow up on several other discoveries including the Eureka Zone (EZ), located 800 meters southeast of GS, and the Company's newest discovery, Calm Before the Storm (CBS), located two kilometres northeast of GS. Tudor's priority is to define the limits of the GS mineralized domains in order to complete an updated resource estimate and support a Preliminary Economic Assessment (PEA). At the end of the 2021 drill program, some of our best Au-Cu-Ag results were encountered from our step-out drilling to the north within the 300H and CS-600 domains from drill holes GS-21-113 (1.44 g/t Au Eq over 405.0 meters within CS-600), GS-21-113-W1 (2.35 g/t AuEq over 159.0 meters within 300H) and GS-21-113-W2 (1.38 g/t AuEq over 556.5 meters within CS-600). To the northeast, we encountered some of strongest gold mineralization within the DS-5 domain with drill hole GS-21-119 (1.76 g/t AuEq over 196.5 meters). Not only is the size of the deposit increasing, but the values are also some of the highest that we have received within GS and these latter drill holes are those which we will be stepping out from in 2022."

This season, Tudor Gold Corp and our associated service companies will continue to focus on 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 plan to have a certified paramedic at the staging area to examine and test all in-coming and out-going workers of all Tudor personnel including all service providers.



Sulphurets Hydrothermal System

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's President and CEO, 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".

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/119669

Cardston, Alberta--(Newsfile Corp. - March 24, 2022) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - announces that the Company completed its most recent shares for services agreement with AGORACOM entered into on July 27, 2020. Under the agreement, AGORACOM provided advertising and social media services to American Creek until July 30, 2021. In consideration for its services over the period of the agreement, the Company issued AGORACOM an aggregate of 189,544 shares at deemed prices between $0.185 and $0.31 per share representing the total value of the agreement of $45,000 + GST. The number of shares issuable and the share price was determined at the market price of the Company's common shares at the time the quarterly payments were due, in compliance with the policies of the TSXV.

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 Company 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/118080

Cardston, Alberta--(Newsfile Corp. - January 11, 2022) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the final drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit and Calm Before the Storm Zone (CBS), as well as surface sampling results from the Eureka Zone, at their flagship property, Treaty Creek (the "Project"), located within the Golden Triangle of Northwest British Columbia.

Included in this press release are the results of three diamond drill holes that were completed at the Goldstorm Deposit along sections 113+00 NE and 118+00 NE, 500 metres apart, as well as the third exploration diamond drill hole at the recently discovered Calm Before the Storm Zone. Results of a continuous surface channel sample line completed at the Eureka Zone are also included.

The Copper Belle-Goldstorm Deposit (CB-GS) is situated only five kilometers northeast and on trend from Seabridge Gold's KSM deposits, which comprise one of the largest undeveloped gold and copper projects in the world. The CB-GS Deposit currently hosts a *NI 43-101 compliant Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see American Creek press release dated March 9, 2021).

Drilling and Surface Sampling Highlights include:

GOLDSTORM

  • GS-21-125 intercepted the DS5 domain, which averaged 0.82 g/t AuEq over 258.0 m, including 1.91 g/t AuEq over 85.4 m. The hole ended in gold-copper mineralization as unstable ground conditions prevented the completion of the hole.
  • GS-21-127, the farthest northeast step-out hole completed to date (approximately 200 m northeast of GS-21-119), targeted the deep DS5 domain. This hole successfully intersected the top of DS5 and ended in mineralization before being shut down due to poor field conditions. Results include 0.75 g/t AuEq over 46.5 m and 0.43 g/t AuEq over 70.0 m, which extended to the end of the hole. This target will be re-drilled in 2022.
  • GS-21-128 targeted the easterly extension of the CS600 and DS5 domains. The hole intercepted 0.61 g/t AuEq over 43.9 m within CS600. The hole ended in mineralization as field conditions prevented completion of the hole; the final 17.6 m averaged 1.31 g/t AuEq. This intersection is currently interpreted to be the upper part of DS5 and plans are to re-drill this target in 2022.

CALM BEFORE THE STORM

  • CBS-21-03 returned a near-surface interval that graded 0.85 g/t AuEq over 25.5 m and a second significant interval of mineralization farther down the hole that averaged 0.61 g/t AuEq over 33.15 m, with an enriched mineralized core of 0.94 g/t AuEq over 10.0 m.
  • CBS-21-03 confirms that gold mineralization is gaining strength westward and to depth.

EUREKA SURFACE SAMPLING

  • Channel sample line EK-21-CHN-01 extended the Eureka Zone 300 m to the north of previous drilling intercepts with a continuous surface sample line returning 0.72 g/t AuEq over 139.0 m, including 1.01 g/t AuEq over 69.0 m.
  • Plans for 2022 include drilling the area beneath this channel sample line, as well as testing the current model that Eureka may be the eastern extension to surface of the DS-5 domain of the Goldstorm Deposit.

Tudor Gold's President and CEO, Ken Konkin, P.Geo., states: "We are pleased to have completed the 2021 exploration season on a very positive note, having demonstrated that the Goldstorm Deposit still remains open in all directions and at depth. We have significantly expanded the Goldstorm system to the northwest, north, northeast and southeast, in addition to reporting some of our longest and strongest gold-copper mineralized intercepts that surpassed even the results obtained from last years' extremely successful drill program. Our primary goal is to define the ultimate limits of gold-copper-silver mineralization of the Goldstorm Deposit so we can determine the final resource estimate. We are committed to increasing our efforts for 2022 to achieve this goal.

Exploration in other areas of the Property demonstrated that the Eureka System continues 300 meters to the north from our well-mineralized exploration drill hole EK-21-01 (Press Release September 28th, 2021) that confirmed the near-surface presence of a large gold target. Other notable achievements of 2021 were the successful expansion of the Perfect Storm System, located two kilometres southwest of Goldstorm, and the discovery of the Calm Before the Storm (CBS) system located two kilometres northeast of the Goldstorm Deposit. The Treaty Creek project has now ballooned with the addition of these three new drill targets that will be explored in tandem with definition drilling of the Goldstorm deposit limits in 2022. Our geological team is currently focusing their efforts over the next few weeks to complete the plans for the proposed 2022 diamond drill program. Leading the geological team is our new Vice President of Resource Development, Ms. Natalie Senger (P.Geo.). It's very rewarding for me to see the professional development and advancement of such a deserving geoscientist, who I have had the pleasure of working with during my career."

The complete list of the above reported composited drilling results for Goldstorm and CBS, as well as the drill hole data, including hole location, elevation, depth, dip and azimuth, are provided in Table 1 and Table 2, respectively. Rock channel sample results from Eureka trenching are shown in Table 3. Please click on the following link to view: Plan Map and Cross Sections for the drilling and surface samples reported in this news release.

Table 1: Drilling Results Goldstorm and CBS Zone in Press Release January 11th, 2022

Section Hole From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
(ppm)
AuEQ
(g/t)
113+00 NE GS-21-128(1) 162.10 206.00 43.90 0.56 2.31 162 0.61
  And (DS5) 404.00 421.60 17.60 1.25 4.27 55 1.31
118+00 NE GS-21-125(1) 675.00 702.00 27.00 1.67 2.06 45 1.70
  And (DS5) 910.50 1168.50 258.00 0.72 7.06 150 0.82
  Including 949.50 1034.90 85.40 1.69 15.62 299 1.91
  And (DS5) 1221.00 1292.40 71.40 0.67 7.25 849 0.85
  Including 1275.00 1292.40 17.40 1.69 7.17 555 1.84
118+00 NE GS-21-127(1) 489.00 535.50 46.50 0.72 2.49 77 0.75
  And (DS5) 621.00 691.00 70.00 0.36 4.69 130 0.43
A - 180 CBS-21-03 8.00 33.50 25.50 0.84 0.76 22 0.85
  And 150.50 183.65 33.15 0.53 5.96 86 0.61
  Including 156.00 166.00 10.00 0.84 7.89 52 0.94
Eureka Plan GS-21-CHN-01 0.00 139.00 139.00 0.58 7.19 485 0.72
  Including 68.50 137.50 69.00 0.86 8.54 392 1.01
(1) Hole ended in mineralization, shut down due to drilling issues.
  • 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 January 11th, 2022

Section Hole
ID
UTM E
NAD 83
UTM N
NAD 83
Elevation
(m)
Azi
(ᵒ)
Dip
(ᵒ)
Depth
(m)
113+00 NE GS-21-128 429037.0 6272847.0 1233.8 295 -85 421.6
118+005 NE GS-21-125 429209.5 6273224.9 1208.1 300 -83 1292.4
118+00 NE GS-21-127 429265.2 6273285.7 1202.1 305 -75 691.0
A - 180 CBS-21-03 430615.0 6273884.0 975.0 160 -45 312.25

 

Table 3: Surface Sample Results in Press Release January 11th, 2022

Sample Zone UTM E
NAD 83
UTM N
NAD 83
Elevation
(m)
Type Length Au
(g/t)
Ag
(g/t)
Cu
(ppm)
AuEQ
(g/t)
X557249 Eureka 429712.97 6272502.02 1268.72 CHANNEL 1.50 0.89 21.52 1230 1.29
X557247 Eureka 429715.74 6272503.17 1269.54 CHANNEL 1.50 0.30 10.04 5080 1.02
X557213 Eureka 429766.03 6272507.09 1277.47 CHANNEL 1.50 1.32 3.86 76 1.38
X557207 Eureka 429774.88 6272508.75 1279.68 CHANNEL 1.50 0.93 4.79 208 1.01
X557300 Eureka 429777.82 6272509.33 1280.34 CHANNEL 1.50 3.58 4.86 112 3.65
X557299 Eureka 429779.29 6272509.62 1280.60 CHANNEL 1.50 1.39 2.68 148 1.44
X557297 Eureka 429782.24 6272510.18 1281.31 CHANNEL 1.50 1.11 3.74 634 1.23
X557296 Eureka 429783.72 6272510.44 1281.65 CHANNEL 1.50 1.01 2.32 278 1.07
X557293 Eureka 429788.15 6272511.24 1283.20 CHANNEL 1.50 1.31 7.85 92 1.42
X557292 Eureka 429789.62 6272511.51 1283.46 CHANNEL 1.50 2.02 5.95 81 2.10
X557290 Eureka 429792.45 6272512.50 1283.45 CHANNEL 1.50 0.92 3.25 479 1.01
X557289 Eureka 429793.90 6272512.90 1283.75 CHANNEL 1.50 1.46 4.63 944 1.63
X557288 Eureka 429795.34 6272513.31 1283.87 CHANNEL 1.50 1.07 2.47 452 1.16
X557285 Eureka 429799.76 6272514.14 1284.53 CHANNEL 1.50 0.84 27.33 5851 1.85
X557284 Eureka 429801.25 6272514.35 1285.10 CHANNEL 1.50 2.25 8.56 775 2.44
X557283 Eureka 429802.74 6272514.55 1285.73 CHANNEL 1.50 1.23 12.14 945 1.49
X557279 Eureka 429808.69 6272515.28 1287.91 CHANNEL 1.50 0.68 97.64 2161 2.08
X557267 Eureka 429826.59 6272517.12 1289.80 CHANNEL 1.50 1.36 72.53 141 2.22

 

1* In April 2021 Tudor published a NI 43-101 technical report, "Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia Canada" dated March 1, 2021 on the Company's Sedar profile.

Darren Blaney, CEO of American Creek, commented: "It has been an amazing year of discovery at Treaty Creek. Even through some of these last holes stopped short due to conditions, they are showing an extension of mineralization at Goldstorm and will be re-drilled next year. The fact some holes weren't completed due to poor field conditions demonstrates our partner Tudor Gold's resolve to maximise the drilling season beyond the norm and advance the project as quickly as possible. We would like to acknowledge Walter Storm, Ken Konkin, Sean Pownall, and the rest of the team at Tudor Gold for the exceptional work they have done at Treaty Creek.

Tudor has not only expanded the dimensions of the Goldstorm, but has commenced preliminary work on the Perfect Storm and Eureka zones along with discovering a new zone called The Calm Before the Storm. The Goldstorm deposit remains open in all directions and appears to be getting richer and deeper as it extends to the north giving us lots to look forward to in 2022."

Sulphurets Hydrothermal System

Qualified Person

The Qualified Person for Tudor's news release for the purposes of National Instrument 43-101 is Tudor's President and CEO, 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/109682

Cardston, Alberta--(Newsfile Corp. - December 17, 2021) -  American Creek Resources Ltd. (TSXV: AMK) ("the Company" or "American Creek") is pleased to announce results from the recent Annual General and Special Meeting of Shareholders ("AGM"), which took place on December 14th, 2021. Shareholders approved all matters of business brought forward. American Creek management would like to recognize and commend the definitive manner in which shareholders voted.

Voting results are as follows,

Number of Directors: FOR 98.10%

Election of Directors:

Darren Blaney:                FOR 97.48%
Robert Edwards:             FOR 97.48%
Dennis Edwards:             FOR 97.81%
Tobin Wood:                    FOR 97.72%

Appointment of Auditors: FOR 98.14 %

Continuation of Stock Option Plan: FOR 97.25 %

Approval of Stock Option Repricing: FOR 96.31 %

Transact any Other Business: FOR 97.35 %

Darren Blaney, CEO of American Creek commented: "2021 was another milestone year for American Creek, and the significant advancement of the Treaty Creek project. We very much appreciate the continued strong support of our shareholders as we look forward to further success in 2022."

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/107937

Cardston, Alberta--(Newsfile Corp. - December 16, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek (the "Project"), located within the Golden Triangle of Northwest British Columbia.

Included in this press release are the results of four diamond drill holes that were completed at the Goldstorm Deposit along two sections (112+00 NE and 115+00 NE), 300 metres apart. These results demonstrate the excellent continuity of precious and base-metal mineralization that has been measured throughout the Goldstorm deposit and provides increased drill hole density for future resource determinations. The Copper Belle-Goldstorm Deposit (CB-GS) currently hosts a [1]*NI 43-101 compliant Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see Tudor Gold press release dated March 9, 2021).

Goldstorm Drilling Highlights Include:

SECTION 115+00 NE

  • GS-21-122 provided closer hole spacing between previous intercepts of the deep, northwest extension of the CS600 domain. The hole averaged 0.65 g/t AuEq over 1,035.0 m, which included both the 300H and CS600 domains.
  • GS-21-122 encountered consistent gold and copper mineralization within the CS600 domain that returned 1.22 g/t AuEq (0.65 g/t Au and 0.45 % Cu) over 355.15 m, including an enriched portion that averaged 1.45 g/t AuEq (0.79 g/t Au and 0.53 % Cu) over 247.5 m.
  • GS-21-122 ended at 1375 m in gold mineralization, which may have been the start of the DS5 domain. The drill had reached its' maximum depth capacity.
  • GS-21-126, stepping out to the southeast, was stopped before the target due to drilling issues. This hole will be re-drilled in 2022.

SECTION 112+00 NE

  • GS-21-123 was designed to provide infill resource definition for the center of the CS600 domain. Unfortunately, this hole was not completed to the target depth and ended in mineralization. A portion of the CS600 domain was intersected, which averaged 1.22 g/t AuEq (0.61 g/t Au and 0.45 % Cu) over 38.8 m at the end of the hole.
  • The upper portion of GS-21-123 intersected consistent gold mineralization within the 300H domain with 0.90 g/t AuEq over 201.0 m that contained an enriched zone that graded 1.31 g/t AuEq over 49.9 m near the center of 300H domain.
  • GS-21-124 cut an intercept of the 300H domain that infilled and defined the deposit to the northwest just beneath the TTF1 thrust fault. This hole averaged 0.75 g/t AuEq over 1,089.0 m.
  • A Near-surface, enriched section of 300H was encountered in GS-21-124, grading 1.50 g/t AuEq over 126.0 m, within a 476.1 m interval that averaged 1.09 g/t AuEq.

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "We are pleased to report that the resource definition-drilling of the Goldstorm Deposit was a great success. In addition to expanding the limits of the precious and base-metal mineralization to the northwest, north and northeast, we were able to infill gaps in the resource model with carefully placed drill holes that were designed to add gold-equivalent ounces to the measured and drill indicated categories. In addition, these results demonstrate the strong consistency of the gold-copper mineralization between holes GS-21-122 and GS-21-124 that are approximately 500 meters apart; the overall results are very comparable: GS-21-122 averaged 0.65 g/t AuEq over 1,035 meters while GS-21-124 averaged 0.75 g/t AuEq over 1,089 meters. We expect to complete the final sections for the last four drill holes and combine this with our final surface sampling results for our next press release."

The complete list of these reported composited drilling results for Goldstorm, 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 drilling and surface samples reported in this news release.

Table 1: Drilling Results Goldstorm in Press Release December 15, 2021

Section Hole From (m) To (m) Interval (m) Au (g/t) Ag (g/t) Cu (ppm) AuEQ (g/t)
115+00 NE GS-21-122 193.00 1228.00 1035.00 0.42 2.39 1687 0.65
  Including (300H) 193.00 346.00 153.00 0.61 3.37 111 0.66
  And including (CS600) 872.85 1228.00 355.15 0.65 3.69 4453 1.22
  With 916.00 1163.50 247.50 0.79 3.10 5282 1.45
115+00 NE GS-21-126(1) NSV            
112+00 NE GS-21-123(2) 135.50 878.00 742.50 0.46 2.16 500 0.54
  Including (300H) 270.50 471.50 201.00 0.84 2.75 170 0.90
  With 271.60 321.50 49.90 1.25 3.39 157 1.31
  And (CS600) 839.20 878.00 38.80 0.61 7.51 4461 1.22
112+00 NE GS-21-124(3) 33.00 1122.00 1089.00 0.69 3.18 195 0.75
  Including (300H) 33.00 509.10 476.10 1.02 3.68 225 1.09
  With 378.00 504.00 126.00 1.42 3.62 311 1.50
(1) Hole ended prior to reaching target mineralization; no significant values (NSV).
(2) Hole ended in mineralization, shut down before reaching target depth due weather conditions.
(3) Hole ended in mineralization, shut down due to drilling issues.
  • 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 December 15, 2021

Section Hole ID UTM E NAD 83 UTM N NAD 83 Elevation (m) Azi (ᵒ) Dip (ᵒ) Depth (m)
115+00 NE GS-21-122 428804.9 6273270.2 1326.1 285 -62 1375
115+00 NE GS-21-126 429104.7 6273040.3 1226.8 295 -85 318.7
112+00 NE GS-21-123 428658.3 6273196.9 1369.5 220 -75 878
112+00 NE GS-21-124 428548.3 6272852.6 1260.0 310 -45 1122

 

Darren Blaney, CEO of American Creek, commented: "The Goldstorm deposit continues to impress. The near-surface300H horizon continues to have enriched gold advantageous for potential open pit operations, while the CS600 domain is becoming richer in gold/copper mineralization, with the system continuing to extend to great depths. Based on deep extension holes showing better and better grades, its quite possible that the richest portions of this massive and growing deposit have yet to be discovered."



Sulphurets Hydrothermal System

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/107803

Cardston, Alberta--(Newsfile Corp. - November 30, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the most recent drill results from the 30,108 meter, 2021 resource expansion and definition drilling program for the Goldstorm Deposit at their flagship property, Treaty Creek (the "Project"), located within the Golden Triangle of Northwest British Columbia.

Included in this press release are the results of seven diamond drill holes that were completed at the Goldstorm Deposit along three section lines spaced 300 meters apart (Sections: 111+00 NE, 114+00 NE and 117+00 NE). These holes confirm that gold and copper mineralization gain strength in the northern-most set of drill holes, which demonstrates that the Goldstorm System remains very robust and open to expansion to the north. The Copper Belle-Goldstorm Deposit (CB-GS) currently hosts an estimated Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 g/t AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 g/t AuEq (see Tudor Gold press release dated March 9, 2021).

Goldstorm Drilling Highlights include:

SECTION 117+00 NE

  • Significantly expanded CS600 domain to depth and to the northwest with GS-21-113-W2, which returned a CS600 intercept of 1.38 g/t AuEq (including 0.49%Cu and 6.27 g/t Ag) over 556.5 m, and contains higher grade mineralization averaging 2.34 g/t AuEq (including 0.71 % Cu and 17.64 g/t Ag) over the last 57.0 m of the hole. The drillers had to abandon the hole at 1,575.0 m, as the drill was at its maximum limit.
  • Two pulses of gold mineralization were encountered within the 300H domain in GS-21-113-W2; the upper pulse averaged 1.29 g/t AuEq over 97.0 m, the lower pulse averaged 1.85 g/t AuEq over 69.0 m.
  • The strongest mineralization in the northernmost section cutting the 300H domain was within GS-21-113-W1, which returned 4.07 g/t AuEq over 78.0 m, within 459.0 m of 1.30 g/t AuEq.
  • The longest intercept of the Project to-date was from GS-21-113-W2 with 1,320.0 m averaging 0.97 g/t AuEq, which included the 300H and CS600 domains.

SECTION 114+00 NE

  • Completed successful infill hole GS-21-120, which returned 0.93 g/t AuEq over 198.0 m within 687.0 m of 0.50 g/t AuEq after two previous attempts with GS-21-117 and GS-21-117-W1 were abandoned as they deviated from the intended orientation.
  • A strong pulse of mineralization was encountered within the 300H domain in both abandoned holes, GS-21-117 and GS-21-117-W1, that yielded similar results of 1.38 g/t AuEq over 52.5 m and 1.58 g/t AuEq over 51.0 m, respectively.

SECTION 111+00 NE

  • Confirmed consistent copper mineralization deeper within CS600 domain with hole GS-21-118, which returned 0.86 g/t AuEq (includes 0.32 % Cu)) over 44.0 m within 91.5 m of 0.64 g/t AuEq (includes 0.22 % Cu).
  • Mineralization in drill hole GS-21-118 averaged 0.76 g/t AuEq over 786.7 m, including 0.95 g/t AuEq over 295.5 m that contains an enriched interval of 1.60 g/t AuEq over 86.5 m in the 300 H domain.
  • Hole GS-21-121 returned 0.56 g/t AuEq over 760.6 m including two near-surface enriched pulses of gold mineralization yielding 1.06 g/t AuEq over 93.1 m and 1.00 g/t AuEq over 72.0 m.

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "We are very pleased to report these exceptional drilling results that continue to increase the dimensions of the Goldstorm Deposit, with some of the most impressive gold-copper mineralization observed to-date. We have significantly expanded the deposit to the north, northwest and at depth. Drill hole GS-21-113-W2 is the deepest intercept in the Goldstorm system. This hole ended in very strong gold-copper and associated silver mineralization within the CS600 domain. Clearly, much more drilling is required to constrain the deposit which appears to have the greatest potential for continued expansion to the northeast and northwest.

"This system has proven to be much larger than we previously expected and, combined with our recent discoveries at Perfect Storm, Eureka and Calm Before the Storm, gives this Project un-paralleled economic potential as one of the largest gold projects in the world. We have recently received the final analytical results for our last drill holes and our geologists are working on refining the geological interpretation and completing maps and drill sections. We expect more news releases to follow shortly."

The complete list of these reported composited drilling results for Goldstorm, 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 drilling results reported in this news release.

Please click on the following link to view: Plan Map and Cross Sections for the drilling and surface samples reported in this news release.

Table 1: Drilling Results Goldstorm in Press Release November 30, 2021

Section Hole From
(m)
To (m) Interval
(m)
Au (g/t) Ag (g/t) Cu ppm AuEQ (g/t)
117+00 NE GS-21-113-W1(1) 255.00 714.00 459.00 1.26 2.82 103 1.30
  Includes (300H) 555.00 714.00 159.00 2.28 5.14 94 2.35
  With 609.00 685.50 78.00 3.97 7.71 86 4.07
117+00 NE GS-21-113-W2(2) 255.00 1575.00 1320.00 0.67 3.70 2159 0.97
  Includes (300H) 255.00 352.00 97.00 1.25 2.17 78 1.29
  With 589.50 658.50 69.00 1.80 3.61 78 1.85
  And Includes (CS600) 1018.50 1575.00 556.50 0.73 6.27 4892 1.38
  With 1518.00 1575.00 57.00 1.29 17.64 7149 2.34
114+00 NE GS-21-117 204.00 525.00 321.00 0.51 1.94 150 0.55
  Includes (300H) 316.50 369.00 52.50 1.28 5.15 351 1.38
  With 342.00 369.00 27.00 2.15 3.52 123 2.20
114+00 NE GS-21-117-W1(3) 204.00 549.85 345.85 0.54 2.32 166 0.59
  Includes (300H) 316.50 367.50 51.00 1.44 7.77 417 1.58
  With 342.00 367.50 25.50 2.51 8.66 241 2.64
114+00 NE GS-21-120 168.00 855.00 687.00 0.43 1.54 463 0.50
  Includes (300H) 225.00 423.00 198.00 0.88 2.61 108 0.93
  With 232.50 297.50 65.00 1.44 4.79 124 1.51
  And Includes (CS600) 733.50 855.00 121.50 0.39 2.331 1801 0.63
  With 739.50 784.50 45.00 0.67 4.07 2652 1.03
  (DS5) 1099.50 1330.75 231.25 0.70 3.55 96 0.75
  Includes 1240.50 1330.75 90.25 1.01 5.81 161 1.09
  With 1299.00 1330.75 31.75 1.86 5.15 262 1.96
111+00 NE GS-21-118 150.50 937.20 786.70 0.72 2.19 174 0.76
  Includes (300H) 150.50 446.00 295.50 0.89 3.33 208 0.95
  With 359.50 446.00 86.50 1.50 4.39 379 1.60
  (CS600) 1197.50 1289.00 91.50 0.35 2.22 2249 0.64
  With (CS600) 1235.00 1279.00 44.00 0.47 1.75 3202 0.86
111+00 NE GS-21-121 35.90 796.50 760.60 0.51 2.90 176 0.56
  Includes (300H) 35.90 129.00 93.10 0.98 3.03 363 1.06
  And Includes (300H) 210.00 282.00 72.00 0.93 4.87 126 1.00
(1) Wedge started at 292 m down hole GS-21-113. Shut down prior to reaching target due to poor deviation, ended in mineralization.
(2) Wedge started at 498 m down hole GS-21-113. Shut down due to drill limitations, ended in mineralization.
(3) Wedge Started at 348 m down hole GS-21-117. Shut down prior to reaching target due to poor deviation, redrilled as GS-21-120.
  • 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 November 30, 2021

Section Hole ID UTM E NAD 83 UTM N NAD 83 Elevation (m) Azi (ᵒ) Dip (ᵒ) Depth (m)
117+00 NE GS-21-113-W1(1) 428610.1 6273387.7 888.4 307.5 -66.4 714.0
117+00 NE GS-21-113-W2(2) 428679.3 6273341.8 1076.9 301 -64.5 1575.0
114+00 NE GS-21-117 428651.9 6273190.7 1369.8 295 -87 708.0
114+00 NE GS-21-117-W1(3) 428651.3 6273192.4 1021.1 106.5 -86.8 578.1
114+00 NE GS-21-120 428651.9 6273191.4 1369.6 292 -84 1386.0
111+00 NE GS-21-118 428428.0 6272983.8 1373.3 292 -68 1499.0
111+00 NE GS-21-121 428527.8 6272880.9 1279.9 300 -45 1077.25
(1) Wedge started at 292 m down hole GS-21-113.
(2) Wedge started at 498 m down hole GS-21-113.
(3) Wedge started at 348 m down hole GS-21-117.

 

Darren Blaney, CEO of American Creek, commented: "The Goldstorm deposit has had so many world-class intervals, yet they continue to get better and better. The scale and consistency of the deposit is simply amazing, and its magnitude is increasing in several ways. Firstly, the gold enriched 300 zone (first 300m from surface) continues to expand to the east and north, strengthening the potential for open-pit operations. Secondly, the system continues at depth, well below one kilometer in numerous holes ending in mineralization. Finally, the overall volume of Goldstorm continues to increase as well. We look forward to finding out how much the volume has increased in the revised resource calculation by our partner Tudor Gold.

"Just over a month ago, mining legend Pierre Lassonde stated "the best deposit you can find in the entire world will be a copper/gold deposit with a 50-year life. That is going to be simply a mint…to just mint money!" While 90% of the gold-equivalent value comes from gold, the Goldstorm is so massive that the remaining 10% of the value comes from 1.426 billion pounds of copper and 133.98 million ounces of silver. The holes in this release show that we may just be hitting the edge of much richer copper and silver at depth. The Goldstorm has the potential to be one of the types of deposits that Mr. Lassonde was talking about. The Perfectstorm, Eureka, and Calm Before the Storm have similar potential but require more work."



Sulphurets Hydrothermal System

 

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/105815

Cardston, Alberta--(Newsfile Corp. - November 24, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the results for the first two drill holes completed on the new discovery at CBS, formerly known as the NEAA Zone, at their flagship property, Treaty Creek (the "Project"), located within the Golden Triangle of Northwest British Columbia.

Joint Venture partner Tudor Gold has concluded the safe completion of the 2021 Exploration Program, which included a total of 30,108 meters of drilling. Results from the final eleven drill holes from Goldstorm, one hole at CBS, and several surface chip sample lines from the Eureka Zone are expected to be received shortly and will be released once final analysis and interpretation is completed.

Calm Before the Storm Results

CBS is the fourth significant precious metal mineralized zone to be discovered at the Treaty Creek Project. The CBS Zone is located two kilometers northeast of the Goldstorm Deposit and occurs on the same structural trend that hosts the Perfect Storm Zone (PSZ) and the Copper Belle-Goldstorm Deposit (CB-GS), which currently hosts an estimated Measured and Indicated Mineral Resource of 19.4 million ounces of AuEq grading 0.74 AuEq and an Inferred Resource of 7.9 million ounces of AuEq grading 0.79 AuEq (see Tudor Gold press release dated March 9, 2021).

Treaty Creek, CBS Zone Drilling and Surface Sampling Highlights include:

  • Identified a new mineralized zone, "Calm Before the Storm", near the lower Treaty Camp; 15% (25 out of 170) of rock chip samples assayed >0.5 g/t AuEq and 5% (8 out of 170) of samples contained >1.0 g/t AuEq.
  • Drill results at Calm Before the Storm from the deeper hole, CBS-21-02, which returned 1.30 g/t AuEq over 53.9m within 155.50m of 0.82 g/t AuEq, demonstrate that gold-silver mineralization is getting stronger at depth.
  • The Upper and Lower Exploration camps were closed in early November, but on-going environmental and climatic studies will continue throughout the year with helicopter support provided by Yellowhead Helicopters based in Stewart, B.C.

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "Our 2021 exploration program has been exceptionally successful at broadening our understanding of the mineralization throughout the Treaty Creek Property. The Project now has four large geological targets that require extensive exploration and drilling, including the Goldstorm Deposit which remains open in all directions and at depth. The size and scope of our exploration program is growing exponentially with each new discovery to add to the chain of precious and base-metal deposits and targets associated with the extensive Sulphurets-Treaty thrust fault system. We are very pleased with the results of the surface sampling programs and in-particular the discovery hole from our preliminary drill results at our new zone, Calm Before the Storm (CBS). The gold and silver values at CBS are interpreted to be hosted within possibly younger rocks than the host lithologies at Goldstorm. Drill hole CBS-21-02 intersected a distinct mineralized zone with 1.30 g/t AuEq over 53.9m within 155.50m of 0.82 g/t AuEq. Our geological crews require further review of this core after compiling the assay results to determine the controls for gold and silver distribution and emplacement."

The complete list of composited drill hole results for CBS, as well as the drill hole data, including hole location, elevation, depth, dip and azimuth, are provided in Table 1 and Table 2, respectively. A list of highlighted surface chip and channel samples from CBS are included in Table 3. Please click on the following link to view: Plan Map and Cross Sections for the drilling and surface samples reported in this news release.

Table l: Drilling Results Calm Before the Storm Zones in Press Release November 23, 2021

Section / Plan Hole / Chip Line From
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
 ppm
AuEQ
(g/t)
A - 180 CBS-21-01 14.25 33.50 19.25 0.37 0.67 16 0.38
  and 141.50 170.00 28.50 0.30 12.67 40 0.46
A - 180 CBS-21-02 150.50 306.00 155.50 0.78 2.34 41 0.82
  includes 252.10 306.00 53.90 1.24 4.35 59 1.30
  • 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 November 23, 2021

Section Hole ID UTM E NAD 83 UTM N NAD 83 Elevation (m) Azi (ᵒ) Dip (ᵒ) Depth (m)
A - 180 CBS-21-01 430616.2 6273880.5 979.6 140 -45 404
A - 180 CBS-21-02 430726.0 6273999.1 981.2 200 -45 512.1

 

Table 3: CBS Surface Sample Results in Press Release November 23, 2021

Sample Zone UTM E NAD 83 UTM N NAD 83 Elevation (m) Type Length Au
(g/t)
Ag
(g/t)
Cu
ppm
AuEQ
(g/t)
X557688 CBS 430597.96 6273813.37 983.09 CHIP 2.00 0.76 27.45 219 1.11
X557681 CBS 430636.86 6273826.34 970.60 CHIP 2.00 0.88 13.35 166 1.06
X557680 CBS 430649.89 6273842.01 970.91 CHIP 1.50 0.90 12.97 219 1.07
X557683 CBS 430655.56 6273839.43 970.17 CHIP 2.00 0.90 13.89 119 1.07
X557677 CBS 430659.90 6273839.86 969.83 CHIP 2.00 1.38 16.89 160 1.60
X557676 CBS 430661.90 6273840.15 969.70 CHIP 2.00 1.50 16.02 252 1.72
X557675 CBS 430663.74 6273839.46 969.65 CHIP 1.50 0.96 10.41 190 1.11
A0513471 CBS 430717.50 6273948.00 976.08 CHANNEL 1.50 1.08 14.54 53 1.26

 

Darren Blaney, CEO of American Creek commented: "Establishing a new zone of mineralization at Treaty Creek is significant and starts to show just how much further potential the property has. It's important to understand the Calm Before the Storm zone's relationship within the Sulphurets Hydrothermal System (SHS). Treaty Creek has many mineralized zones such as the GR2, HC, Konkin, and Orpiment zones that, while worth investigating, aren't part of the mega-deposit sequencing going on in the SHS, while the CBS zone is. Mr. Konkin has pointed out that it's common for world-class hydrothermal systems to have a rhythm or sequence of deposits emplaced. Within the SHS, these deposits and mineralized zones occur approximately every 2.5km. Each are unique and any with sufficient exploration have become world-class deposits. Starting from the north, they include the Calm Before the Storm, Goldstorm, Eureka, Perfectstorm, Ironcap, Mitchell, Snowfield, Sulphurets and Kerr. The KSMI & Snowfield belong to Seabridge Gold and represent the largest undeveloped gold deposit in the world by reserves. Only the Goldstorm on Treaty Creek has had sufficient exploration for a resource calculation. We are looking forward to the further exploration and development of all four zones given their protentional within the SHS."



Sulphurets-Treaty Chain of Precious and Base-Metal Deposits and Occurences

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.

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/104936

Cardston, Alberta--(Newsfile Corp. - November 9, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") or ("American Creek") Board of Directors has approved the repricing of a total of 2,400,000 stock options of the Company from $0.335 to $0.18 per common share, and a total of 6,300,000 stock options of the Company from $0.32 to $0.18 per common share (collectively, the "Options").

The repricing of the Options is subject to the approval of the TSXV. The repricing of the 8,250,000 stock options held by insiders of the Company is also subject to the approval of disinterested shareholders of the Company at the Company's next annual general meeting of shareholders, in accordance with the policies of the TSXV. Details regarding the repricing of the Options will be further disclosed in the Company's information circular for its next annual general meeting.

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.

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/102571