August 12 2

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

News

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

SectionHoleFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu ppmAuEQ (g/t)
116+50 NEGS-21-113255.001227.00972.000.913.6626471.27
255.00711.00456.001.303.341011.35
552.00699.00147.002.567.04782.65
822.001227.00405.000.654.6461791.44
892.501165.50273.000.775.5084361.83
117+00 NEGS-21-113-W1255.00714.00459.001.262.821031.30
Includes (300H)555.00714.00159.002.285.14942.35
With609.00685.5078.003.977.71864.07
117+00 NEGS-21-113-W2255.001575.001320.000.673.7021590.97
Includes (300H)255.00352.0097.001.252.17781.29
With589.50658.5069.001.803.61781.85
And Includes (CS600)1018.501575.00556.500.736.2748921.38
With1518.001575.0057.001.2917.6471492.34
116+50 NEGS-21-119726.001290.00564.000.968.452441.09
861.001057.50196.501.6210.311531.76
  • 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.

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Figure 1: Sulphurets Hydrothermal System

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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.

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Sulphurets Hydrothermal System

To view an enhanced version of this graphic, please visit:
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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

SectionHoleFrom
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
(ppm)
AuEQ
(g/t)
113+00 NEGS-21-128(1)162.10206.0043.900.562.311620.61
And (DS5)404.00421.6017.601.254.27551.31
118+00 NEGS-21-125(1)675.00702.0027.001.672.06451.70
And (DS5)910.501168.50258.000.727.061500.82
Including949.501034.9085.401.6915.622991.91
And (DS5)1221.001292.4071.400.677.258490.85
Including1275.001292.4017.401.697.175551.84
118+00 NEGS-21-127(1)489.00535.5046.500.722.49770.75
And (DS5)621.00691.0070.000.364.691300.43
A - 180CBS-21-038.0033.5025.500.840.76220.85
And150.50183.6533.150.535.96860.61
Including156.00166.0010.000.847.89520.94
Eureka PlanGS-21-CHN-010.00139.00139.000.587.194850.72
Including68.50137.5069.000.868.543921.01
(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

SectionHole
ID
UTM E
NAD 83
UTM N
NAD 83
Elevation
(m)
Azi
(ᵒ)
Dip
(ᵒ)
Depth
(m)
113+00 NEGS-21-128429037.06272847.01233.8295-85421.6
118+005 NEGS-21-125429209.56273224.91208.1300-831292.4
118+00 NEGS-21-127429265.26273285.71202.1305-75691.0
A - 180CBS-21-03430615.06273884.0975.0160-45312.25

 

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

SampleZoneUTM E
NAD 83
UTM N
NAD 83
Elevation
(m)
TypeLengthAu
(g/t)
Ag
(g/t)
Cu
(ppm)
AuEQ
(g/t)
X557249Eureka429712.976272502.021268.72CHANNEL1.500.8921.5212301.29
X557247Eureka429715.746272503.171269.54CHANNEL1.500.3010.0450801.02
X557213Eureka429766.036272507.091277.47CHANNEL1.501.323.86761.38
X557207Eureka429774.886272508.751279.68CHANNEL1.500.934.792081.01
X557300Eureka429777.826272509.331280.34CHANNEL1.503.584.861123.65
X557299Eureka429779.296272509.621280.60CHANNEL1.501.392.681481.44
X557297Eureka429782.246272510.181281.31CHANNEL1.501.113.746341.23
X557296Eureka429783.726272510.441281.65CHANNEL1.501.012.322781.07
X557293Eureka429788.156272511.241283.20CHANNEL1.501.317.85921.42
X557292Eureka429789.626272511.511283.46CHANNEL1.502.025.95812.10
X557290Eureka429792.456272512.501283.45CHANNEL1.500.923.254791.01
X557289Eureka429793.906272512.901283.75CHANNEL1.501.464.639441.63
X557288Eureka429795.346272513.311283.87CHANNEL1.501.072.474521.16
X557285Eureka429799.766272514.141284.53CHANNEL1.500.8427.3358511.85
X557284Eureka429801.256272514.351285.10CHANNEL1.502.258.567752.44
X557283Eureka429802.746272514.551285.73CHANNEL1.501.2312.149451.49
X557279Eureka429808.696272515.281287.91CHANNEL1.500.6897.6421612.08
X557267Eureka429826.596272517.121289.80CHANNEL1.501.3672.531412.22

 

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."

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Sulphurets Hydrothermal System

To view an enhanced version of this graphic, please visit:
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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

SectionHoleFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu (ppm)AuEQ (g/t)
115+00 NEGS-21-122193.001228.001035.000.422.3916870.65

Including (300H)193.00346.00153.000.613.371110.66

And including (CS600)872.851228.00355.150.653.6944531.22

With916.001163.50247.500.793.1052821.45
115+00 NEGS-21-126(1)NSV





112+00 NEGS-21-123(2)135.50878.00742.500.462.165000.54

Including (300H)270.50471.50201.000.842.751700.90

With271.60321.5049.901.253.391571.31

And (CS600)839.20878.0038.800.617.5144611.22
112+00 NEGS-21-124(3)33.001122.001089.000.693.181950.75

Including (300H)33.00509.10476.101.023.682251.09

With378.00504.00126.001.423.623111.50
(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

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
115+00 NEGS-21-122428804.96273270.21326.1285-621375
115+00 NEGS-21-126429104.76273040.31226.8295-85318.7
112+00 NEGS-21-123428658.36273196.91369.5220-75878
112+00 NEGS-21-124428548.36272852.61260.0310-451122

 

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."

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Sulphurets Hydrothermal System

To view an enhanced version of this map, please visit:
https://orders.newsfilecorp.com/files/682/107803_8bbcee0ed4f2db27_001full.jpg

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

SectionHoleFrom
(m)
To (m)Interval
(m)
Au (g/t)Ag (g/t)Cu ppmAuEQ (g/t)
117+00 NEGS-21-113-W1(1)255.00714.00459.001.262.821031.30

Includes (300H)555.00714.00159.002.285.14942.35

With609.00685.5078.003.977.71864.07
117+00 NEGS-21-113-W2(2)255.001575.001320.000.673.7021590.97

Includes (300H)255.00352.0097.001.252.17781.29

With589.50658.5069.001.803.61781.85

And Includes (CS600)1018.501575.00556.500.736.2748921.38

With1518.001575.0057.001.2917.6471492.34
114+00 NEGS-21-117204.00525.00321.000.511.941500.55

Includes (300H)316.50369.0052.501.285.153511.38

With342.00369.0027.002.153.521232.20
114+00 NEGS-21-117-W1(3)204.00549.85345.850.542.321660.59

Includes (300H)316.50367.5051.001.447.774171.58

With342.00367.5025.502.518.662412.64
114+00 NEGS-21-120168.00855.00687.000.431.544630.50

Includes (300H)225.00423.00198.000.882.611080.93

With232.50297.5065.001.444.791241.51

And Includes (CS600)733.50855.00121.500.392.33118010.63

With739.50784.5045.000.674.0726521.03

(DS5)1099.501330.75231.250.703.55960.75

Includes1240.501330.7590.251.015.811611.09

With1299.001330.7531.751.865.152621.96
111+00 NEGS-21-118150.50937.20786.700.722.191740.76

Includes (300H)150.50446.00295.500.893.332080.95

With359.50446.0086.501.504.393791.60

(CS600)1197.501289.0091.500.352.2222490.64

With (CS600)1235.001279.0044.000.471.7532020.86
111+00 NEGS-21-12135.90796.50760.600.512.901760.56

Includes (300H)35.90129.0093.100.983.033631.06

And Includes (300H)210.00282.0072.000.934.871261.00
(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

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
117+00 NEGS-21-113-W1(1)428610.16273387.7888.4307.5-66.4714.0
117+00 NEGS-21-113-W2(2)428679.36273341.81076.9301-64.51575.0
114+00 NEGS-21-117428651.96273190.71369.8295-87708.0
114+00 NEGS-21-117-W1(3)428651.36273192.41021.1106.5-86.8578.1
114+00 NEGS-21-120428651.96273191.41369.6292-841386.0
111+00 NEGS-21-118428428.06272983.81373.3292-681499.0
111+00 NEGS-21-121428527.86272880.91279.9300-451077.25
(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."

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Sulphurets Hydrothermal System

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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 / PlanHole / Chip LineFrom
(m)
To
(m)
Interval
(m)
Au
(g/t)
Ag
(g/t)
Cu
 ppm
AuEQ
(g/t)
A - 180CBS-21-0114.2533.5019.250.370.67160.38
and141.50170.0028.500.3012.67400.46
A - 180CBS-21-02150.50306.00155.500.782.34410.82
includes252.10306.0053.901.244.35591.30
  • 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

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
A - 180CBS-21-01430616.26273880.5979.6140-45404
A - 180CBS-21-02430726.06273999.1981.2200-45512.1

 

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

SampleZoneUTM E NAD 83UTM N NAD 83Elevation (m)TypeLengthAu
(g/t)
Ag
(g/t)
Cu
ppm
AuEQ
(g/t)
X557688CBS430597.966273813.37983.09CHIP2.000.7627.452191.11
X557681CBS430636.866273826.34970.60CHIP2.000.8813.351661.06
X557680CBS430649.896273842.01970.91CHIP1.500.9012.972191.07
X557683CBS430655.566273839.43970.17CHIP2.000.9013.891191.07
X557677CBS430659.906273839.86969.83CHIP2.001.3816.891601.60
X557676CBS430661.906273840.15969.70CHIP2.001.5016.022521.72
X557675CBS430663.746273839.46969.65CHIP1.500.9610.411901.11
A0513471CBS430717.506273948.00976.08CHANNEL1.501.0814.54531.26

 

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."

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

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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

Cardston, Alberta--(Newsfile Corp. - September 30, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that Tudor Gold has bought out and fully extinguished an underlying NSR interest on the Treaty Creek JV project located in the heart of the Golden Triangle of northwestern British Columbia.

Darren Blaney, CEO of American Creek commented: "The buyout and termination of this NSR interest by Tudor is another major step toward preparing the Treaty Creek project for a future deal. We are pleased that Tudor, as JV operator, is actively working toward this objective.

"The size of the Goldstorm deposit at Treaty Creek continues to exceed expectations and growth as the drills keeping turning. The potential of a Treaty Creek deal is also growing proportionately."

As part of the NSR buyout and facilitating the transaction, American Creek will receive 100,000 common shares of Tudor Gold.

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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/98202

Cardston, Alberta--(Newsfile Corp. - September 28, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to present the third set of results for the 2021 resource expansion and definition drilling program conducted by JV operator Tudor Gold for the Goldstorm Deposit at their flagship property, Treaty Creek. The project is located in the heart of the Golden Triangle of northwestern British Columbia and is on-trend from Seabridge's KSM Project located five kilometers southwest of the Goldstorm Deposit. Results from four diamond drill holes have recently been received from MSA Labs. Exploration at Treaty Creek is ongoing.

Treaty Creek, Drilling Highlights include:

  • Extended the DS-5 Domain 100 meters north of GS-21-112 (core zone of 2.08 g/t AuEq over 79.5 m within 219.0 m containing 1.29 g/t AuEq) with step-out hole GS-21-119 with a strong, consistent mineralized core zone intercept of 196.5 m containing 1.76 g/t AuEq within a broader zone of 564.0 m containing 1.09 g/t AuEq.
  • Confirmed consistent mineralization in GS-21-116 over a long interval of 1092.0 m grading 0.75 g/t AuEq that includes the 300H and CS-600 domains.
  • Near-surface mineralization encountered at Eureka Zone in EK-21-01 with 67.5 m of 1.13 g/t AuEq within 217.5 m averaging 0.76 g/t AuEq.
  • Eureka Zone remains open in all directions and at depth.
  • Goldstorm Deposit remains open in all directions and at depth as drilling continues.

The complete list of composited drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth are provided in Table 1 and Table 2, respectively.

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

Tudor Gold's Vice President of Exploration and Project Development, Ken Konkin, P.Geo., states: "We are extremely pleased with our continued success with our step-out drilling at the Goldstorm Deposit. Due to the success of hole GS-21-119 we plan to step-out further to the northeast before the end of this year's drilling. This program demonstrates the emergence of higher-grade pulses of gold mineralization within the 300 Horizon and a distinct central enriched gold zone within the DS-5 domain. Similar enriched zones of copper mineralization within the CS-600 domain are also apparent. These are "zones within zones" that give our domains a new common dynamic characteristic. Continued drilling is required to better define and potentially expand these enriched pulses within our broad mineralized domains."

Moreover, Mr. Konkin also commented on drill hole EK-21-01 at the Eureka target:

"In addition, we confirmed that a significant gold system exists at the Eureka Zone with mineralization occurring near surface, which terminates in a regional thrust fault at depth. An interesting aspect of the Eureka system is that the gold mineralization ends in what may be the same thrust fault that truncates the DS-5 system at Goldstorm. The attached drill section shows the spatial relationship between the Goldstorm Deposit and the Eureka Zone (Regional Section - Goldstorm to Eureka). The current geological interpretation is that the DS-5 domain may connect to the Eureka Zone which adds another dimension to the potential size of the Goldstorm Deposit. Eureka drill hole EK-21-01 contains an enriched central zone averaging 1.13 g/t AuEq over 67.5 meters that lies within 217.5 meters grading 0.76 g/t AuEq. Similarly, in drill hole GS-21-119, the DS-5 contains an enriched central core of gold mineralization that yields an impressive 1.76 g/t AuEq over 196.5 meters within the overall intercept of 1.09 g/t AuEq over 564.0 meters. Due to the success of the step-out exploration drilling at the Goldstorm Deposit, the Eureka drill was dispatched to continue the step-out drilling to the northeast at Goldstorm.

Our primary goal remains to find the limits to the Goldstorm Deposit and to constrain the resources from our Initial Mineral Resource Estimate of 19.41 million ounces of Measured and Indicated and 7.9 million ounces of Inferred gold-equivalent ounces. We continue to intercept exceptional mineralization within the defined domains and consistently identify extensions to these domains particularly to the northeast and northwest, as well as at depth. Clearly, more drilling is required to further define the Goldstorm, Eureka and Perfect Storm Zones for 2022."

Table l: Results Goldstorm Zone and Eureka Zone Press Release September 27, 2021

SectionHoleZoneFrom (m)To (m)Interval (m)Au (g/t)Ag (g/t)Cu ppmAuEQ
 (g/t)
111+00 NEEK-21-01Eureka12.50230.00217.500.683.852790.76
89.00228.50139.500.823.803900.91
95.00162.5067.501.015.604671.13
114+50 NEGS-21-114*300H203.00214.0011.001.511.33991.53
114+50 NEGS-21-116300H+CS600296.001388.001092.000.522.8416530.75
including 300H318.50534.50216.000.723.973520.81
with477.50534.5057.001.186.795011.32
and636.50707.0070.500.913.583030.99
CS60001040.001388.00348.000.623.4243791.18
including1080.501341.50261.000.702.9955211.39
116+50 NEGS-21-119DS5726.001290.00564.000.968.452441.09
including861.001057.50196.501.6210.311531.76
* Hole shut down due to extreme deviation and redrilled as GS-21-116
  • 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 28, 2021

SectionHole IDUTM E NAD 83UTM N NAD 83Elevation (m)Azi (ᵒ)Dip (ᵒ)Depth (m)
111+00 NEEK-21-01429775.96272171.81380.5312-50299
114+50 NEGS-21-114428656.96273199.71370.9292-65215.8
114+50 NEGS-21-116428656.96273199.71370.9295-641529
116+50 NEGS-21-119429068.66273270.31222.1295-851290

 

Walter Storm, Tudor Gold President and CEO, stated: "We are very excited to see the continuing expansion of the Goldstorm Deposit to the northeast with the release of these exceptional drill results. The geological potential of the Treaty Creek Project is growing with each new drill hole. All drill holes that have reached their targeted depths have encountered significant precious metal mineralization. One very important aspect about the furthest step-out drill hole GS-21-119, is that this vertical hole ended in gold mineralization at 1290 meters. This hole had to be abandoned as the ice pad became too hazardous to continue drilling and worker safety is always our number one priority. The Goldstorm Deposit remains open in all directions and at depth. In addition to this, our exploration team continues to encounter significant gold mineralization in other zones, such as the Eureka Zone. With the news of yet another positive result from Tudor's first hole at the Eureka Zone (EK-21-01), the geological potential of this zone has been up-graded to a priority near surface gold target. This drill hole was started with the largest diameter core possible (PQ), then sized-down to HQ diameter core as the hole progressed. Our drill crews were able to get excellent core recoveries in very fractured ground. We congratulate our drillers for a successful campaign during these difficult times and look forward to releasing additional positive news in the coming weeks as drilling continues to progress extremely well."

Darren Blaney, CEO of American Creek commented: "Treaty Creek drilling continues to impress with not only significant Goldstorm expansion but also with more long higher grade gold intervals. The size of the deposit just keeps growing and growing. The project is in a league of its own. To say we are very pleased is understating the obvious.

The Tudor Gold team continues to work with precision and excellence. We look forward to continuing drills results coming in the weeks ahead."

About the Eureka drill target:

The Eureka zone is located approximately 1000 meters southeast of the Goldstorm Deposit along the western edge of an extensive, bright yellow-orange gossan zone covering over one square kilometer of clay, sericite, quartz and pyrite alteration. Alteration overprints several different rock units, including volcanic flows and breccias, plagioclase-porphyry intrusions, and minor sedimentary rocks. Alteration mineralogy suggests a shallow magmatic hydrothermal or epithermal environment of formation, with the potential to host gold-silver bearing veins and pervasive lower grade disseminated gold-silver mineralization.

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Image of the Eureka Zone

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https://orders.newsfilecorp.com/files/682/97868_25da161ed41ee922_001full.jpg

At the Eureka showing, outcrops are cut by veins infilled with fine to coarse-grained quartz, calcite, and pyrite. Veins have steep dips with variable orientations and form weakly sheeted to stockwork zones. In the Eureka zone and surrounding area about 20 holes have been drilled on various targets by previous operators with poor core recoveries. Several long intervals of weakly elevated gold grades were returned, such as 0.46 g/t Au over 169.2 m (DH 97-1) and 0.69 g/t Au, 2.9 g/t Ag over 75.5 m (TC07-02). Additional drilling is required to better define the mineralized areas.

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/97868

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

Treaty Creek drilling highlights include:

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

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

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

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

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

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

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

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


300H177.00214.5037.500.4412.371590.487


300H291.00429.00138.000.4882.101010.525


including300.00343.5043.500.5513.142110.613


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


including106.50316.50210.000.8682.021240.906


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


including324.00675.00351.001.1544.324091.253


AND325.50445.50120.001.8314.507721.974


CS6001123.501210.5087.000.6092.3223150.910


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


including891.001047.00156.001.38311.882981.557


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


including255.00711.00456.001.3013.341011.352


AND552.00699.00147.002.5557.04782.646


including822.001227.00405.000.6544.6461791.439


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


including210.50254.0043.500.6823.341450.738



402.50852.50450.000.6442.851220.691


including402.50512.00109.501.0783.412201.144


AND612.50659.0046.500.981.541141.012


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


AND244.50258.0013.500.1311.6812910.303


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


AND241.50259.5018.000.2921.361230.322


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


including43.60103.5059.900.8446.091050.927


AND310.70329.5018.800.4862.912660.552


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

 

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

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

 

Qualified Person

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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

Treaty Creek, Goldstorm Drilling Highlights include:

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

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

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

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

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

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

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

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

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

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

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

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

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

Qualified Person

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

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

QA/QC

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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Sulphurets Hydrothermal System

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

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

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

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

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

Qualified Person

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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Image of the 2020 Treaty Creek Exploration Camp

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

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

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

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

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

Qualified Person

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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

Highlights of the March 2021 Mineral Resource Estimate:

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

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

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

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

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

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

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

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

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

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Treaty Creek Initial Mineral Resource Estimate Summary

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

QA/QC

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

Qualified Person

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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

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

Mineral Estimate Highlights include:

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

TABLE 1: INITIAL MINERAL RESOURCE ESTIMATE SUMMARY

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











Out-of-Pit Mineral Resource Estimate











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











Total Mineral Resource Estimate











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

 

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

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

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

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

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FIGURE 2: Sulphurets Hydrothermal System

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QA/QC

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

Qualified Person

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

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

Treaty Creek JV Partnership

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

About American Creek

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

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

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

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

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

Cautionary Statements regarding Forward-Looking Information

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

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

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

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

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

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

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

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

About American Creek

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

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

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

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

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