"One of the most important mineral trends of northwestern British Columbia extends from near the town of Stewart north to the Treaty Glacier" - Nelson / Kyba, British Columbia Geological Survery, Ministry of energy and Mines 2014
The Silvershot package of claims lies within this mineral trend.
This trend is the richest area of British Columbia's world renound “Golden Triangle”. The Silvershot Property is located at the southern end of this trend, the Electrum property in the middle and the Treaty Creek property at the north end.
The 235 hectare Silvershot property is part of a highly strategic package of mineral claims acquired by American Creek in 2016. The three contiguous properties (Bear River, Dunwell, Silvershot) now spans some 1,560 hectares covering a significant portion of the heavily mineralized Portland Canal Fissure Zone which lies in "One of the most important mineral trends of northwestern British Columbia extending from near the town of Stewart north to the Treaty Glacier" - Nelson / Kyba, British Columbia Geological Survey, Ministry of Energy and Mines, 2014.
Collectively the properties contain close to two dozen main showings of high-grade gold, silver, lead, zinc and copper. Of these, over half have been explored underground and 7 or 8 have shipped ore. The most significant of which is the Dunwell Mine which produced 45,657 tonnes averaging 6.63 grams per tonne gold, 223.91 grams per tonne silver, 1.83 per cent lead, 4.01 per cent zinc and 0.056 per cent copper (gold equivalent of over 13 g/t or approximately$500/t rock). The mine was in production in the 1930s with no significant work being done on it until 2010 when drilling showed the potential to develop more reserves under the historic ones at similar grades.
In 1922 and 1923 a total of 53 meters of underground work was completed on the property associated with a massive pyrite, sphalerite and galena vein up to 0.30 meters wide containing high grade silver. Grab samples of the purest galena have assayed up to 5,345 g/T silver and 87.2% lead. There are several showings on the property.
The Silvershot property lies north east and immediately east of the Portland Canal mine which operated briefly between 1911 and 1912 producing 8,164 tonnes of ore averaging 2.33 g/t gold, 98.55 g/t silver and 1.56% lead. Drilling in 1973 defined a resource of similar tonnage of gold, silver, lead and zinc.
This group of properties may have some of the best logistics in B.C.’s Golden Triangle. The group is located approximately 8km north of Stewart B.C. with Highway #37a running through the western edge of them. They range from close to sea level to 700m above sea level making them very accessible even in the winter time for exploration and potential mine reactivation.
The thick yellow outline is the outter edge of the Bear River (north), Dunwell (middle), and Silvershot (south) properties. Red lines are faults (center one is part of fissure zone). Thin yellow line (in middle) is Highway 37A and thin yellow line (on left) is the Alaska border.
In this view looking east you see Dunwell's proximity to IDM's Red Mountin 11km to the east, Skeena's Porter Idaho (historical mine) 10km to the south and Ascot's Premier Mine 7km to the west. All three surrounding projects are at various stages of moving towards production.