Cardston, Alberta--(Newsfile Corp. - July 18, 2023) - American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) ("the Corporation" or "American Creek") reports that project operator and Treaty Creek JV partner Tudor Gold ("Tudor") has made an application concerning Seabridge Gold Inc. to the Chief Gold Commissioner of British Columbia. American Creek refrains from commenting upon the merits of Tudor's application as the issues are before the Chief Gold Commissioner for decision.
Treaty Creek JV Partnership
American Creek is a proud partner in the Treaty Creek Project located in BC's Golden Triangle.
The 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 hold fully carried 20% interests, which means no development costs are incurred by these companies until a production notice is issued. This gives shareholders a unique opportunity, to avoid the dilutive effects of exploration while maintaining their full 20% exposure to one of the world's most exciting mega deposits.
For further information please contact Kelvin Burton at:
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/174002