American Creek JV needs another 8-16 holes for estimate
2018-06-04 14:38 ET – News Release
Mr. Walter Storm reports
AMERICAN CREEK REPORTS ON RESOURCE ESTIMATE PROGRESS AT TREATY CREEK PROJECT
American Creek Resources Ltd.’s joint venture partner, Treaty Creek, has released an update on the Copper Belle preliminary resource estimate progress at the Treaty Creek project located in the Golden Triangle of northwestern British Columbia. Tudor has announced that another eight to 16 holes to depths of greater than 700 metres are recommended in order to publish a preliminary resource estimate.
Walter Storm, president and chief executive officer of Tudor Gold (the operator), commented: “Our first priority now is to complete the work for our resource estimate followed by drilling other exciting targets confirmed by Simcoe Geoscience. The geophysical survey that combined acquired data from magnetotellurics (MT), magnetometer (Mag) and electromagnetic (EM) surveys has provided Tudor with several high-priority anomalous drill targets. We expect that this summer’s drill program will be very busy.”
Darren Blaney, president and chief executive officer of American Creek, stated: “As the correlation between the drilling and the geophysical work is now becoming clearer, and new targets emerge, the potential of Treaty Creek continues to impress. We very much look forward to Tudor advancing the Copper Belle resource estimate as well as expanding the drill program to other high-priority targets.”
Qualified person
The qualified person for the analytical information in this new release is James A. McCrea, PGeo, for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis of the disclosure contained in this news release.
Background on the Treaty Creek project
The Treaty Creek project is situated immediately north of Seabridge Gold’s KSM property located in British Columbia’s Golden Triangle along the Sulphurets and Brucejack fault systems that continue northward into the Treaty Creek property.
The Treaty Creek project is a joint venture between Tudor, Teuton Resources Corp. and American Creek. Tudor is the operator and holds a 60-per-cent interest with both American Creek and Teuton each holding respective 20-per-cent carried interests in the property (fully carried until a production notice is given).
A summary of the Treaty Creek project can be viewed on the American Creek website.
About American Creek Resources Ltd.
American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three gold/silver properties in the heart of the Golden Triangle: the Treaty Creek and Electrum joint ventures with Mr. Storm and Tudor, as well as the recently acquired 100-per-cent-owned past-producing Dunwell mine. Other properties held throughout B.C. include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King.
http://www.americancreek.com/index.php/news/news-2018