American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek” or “the Corporation”) is pleased to provide a report on the various exploration programs being conducted on several of the Corporation’s British Columbia properties:Treaty Creek Property The Treaty Creek project is located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same …
Treaty Creek Property
The Treaty Creek project is located in BC’s “Golden Triangle” immediately north of Seabridge Gold’s KSM project and in the same region as Pretivm’s Brucejack (Valley of the Kings) project.
Tudor Gold Corp. (“Tudor”) is the operator and holds a 60% interest in the JV project with American Creek and Teuton Resources Corp. each holding a 20% fully carried interest to production.
Tudor has recently completed an extensive magnetotelluric geophysical survey and is currently conducting a diamond drill program. Results from the program are expected this fall.
The Electrum property is also located in the “Golden Triangle” approximately 45 km north of Stewart between Pretivm’s Brucejack gold deposit located 25 km to the north and the past producing Premier gold mine 20 km to the south. The Electrum shares similar geology to both the Brucejack and the Premier. The project is a JV between Tudor (60%) and American Creek (40%).
Tudor has concluded a diamond drilling program and is currently completing a blast trenching program on the New Blast zone. Initial trenching results reported by Tudor on Sept 12, 2016 included silver grades up to 30,200 g/t within the vein system. Results from the diamond drilling and trenching are expected this fall.
American Creek holds a 100% interest in the Austruck-Bonanza property located approximately 50 km north of Kamloops. The property is immediately adjacent to WestKam Gold Corp.’s Bonaparte Project and is within 100 meters of the Bonaparte pit where in 1994, a 3,425 ton bulk sample averaging 26 g/t gold was taken. In July of 2016, WestKam reportedly began a 10,000 tonne bulk sample program to further test other near-surface high grade gold veins.
A field program consisting of geochemical sampling, mapping and a magnetic survey is currently underway on the property.
Red Tusk Property
The Red Tusk property is one of four new properties recently optioned by the Corporation. It is located approximately 12 km west of Squamish. Historic work on the property resulted in the discovery of several mineralized zones containing high grade gold, silver, lead and zinc.
An exploration team has been retained by the Corporation and is presently on the property conducting field mapping and sampling of mineralized zones. Information from this program will aid in determining future exploration work.
Gold Hill Property
American Creek holds a 100% interest in the Gold Hill property located east of Fort Steele in the Boulder Creek watershed. The Wildhorse River, to which Boulder Creek is a headwater tributary, is the site of one of Canada’s biggest historic gold rushes with approximately 42 tonnes of placer gold reportedly being recovered from the Wildhorse below the confluence of Boulder Creek.
A field mapping and geochemical sampling program is currently being conducted on the property. Work also included a magnetic survey that was recently completed in the area known as the Big Chief where several historic adits were driven into high grade gold veins.
About American Creek
American Creek is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of gold and silver mineral deposits within the Province of British Columbia, Canada.
In addition to the properties mentioned above, the Corporation also owns or has optioned the Ample Goldmax, Silvershot, Silver Side, Glitter King, and D1-McBride properties.
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.