There is about a 500km band of mineralization that stretches from the placer deposits of Atlin B.C., near the Yukon border, down to former producing moly-silver mines at Kitsault just south east of Stewart, B.C.. The southern half of this band is so endowed that it is referred to as “The Golden Triangle”. It has produced numerous mines in the past, has two mines that have recently come on line and many more projects at feasibility stage.
More information on B.C.’s Golden Triangle can be found in the presentations below:
Due to rising gold prices, extensive exploration has taken place in the last 15 years accounting for 41% of all expenditures in the province in 2016. Over this time period it has become one of the richest metal belts in the world. Some of the largest & some of the highest grading precious metal / base metal deposits in the world. Despite over $500,000,000,000 worth of insitu resources being discovered, a BC Government report estimates that only 0.0006% of the Golden Triangle has been mined to date.
The area close to Stewart extending north for just over 60km is the richest part of the Golden Triangle and hosts the vast majority of past producing mines. This was noted in the Nelson / Kyba geological report:
"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 Survey, Ministry of Energy and Mines 2014
Treaty Creek and American Creek's 100% owned Dunwell Mine project are located in this heavily mineralized zone.
The Crown Jewel of the Golden Triangle is the Sulphurets Hydrothermal System (one of the seven largest in the world) that has proven to host one of the greatest concentrations of metal value on the planet with 215 million ounces gold, 1.2 billion ounces silver and 55 billion pounds copper so far (all categories). Of that 47.5 million ounces gold, 214 million ounces silver, and 10 billion pounds are proven and probable reserves. More resources are being added and existing resources are beind converted over to reserves. That’s just in its southern half which also hosts the Brucejack Mine (Pretivm) which started its production of 8.1 million ounces @ 16.1g/t in May 2017 and the KSM (Seabridge) which contains the largest undeveloped gold deposit in the world by reserves – 38.8 million ounces gold with 10.2 billion pounds of copper.
Treaty Creek covers the northern half of the Sulphurets Hydrothermal System which is all connected at depth. The geology, geophysics, structural signatures, and exploration results all indicate the potential to host mineralization of similar scale to the southern half. Treaty Creek is logistically blessed to be on the same side of the mountain range as the highway and power.
The Golden Triangle has also benefited from new infrastructure including paved roads, high-power transmission lines, new hydro-electricals project being comissioned, and a second ice-free port in Stewart B.C..
The regional geologist for NW B.C., Jeff Kyba, is the current authority on the area and has a unique geological understanding of the entire region as is evidenced in the report he coauthored with Joanne Nelson of the B.C. Geological Survey in 2014. Jeff has left his position at the ministry in January of 2017 and is now assisting with the development of Treaty Creek.