American Creek Resources Ltd

Published : June 27th, 2011

Announces Exploration Programs on the Electrum and Ironmist Projects

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Canada | Diamond | Gold | Gold Mine | Iron | Silver | Vanadium |

 

American Creek Resources Announces Exploration Programs on the Electrum and Ironmist Projects

June 27, 2011

 
Raymond, Alberta


American Creek Resources Ltd. (TSX-V:AMK / OTC:ACKRF) (the �Company�) is pleased to announce the commencement of exploration on its 100% owned Electrum Property, a silver / gold project near Stewart, British Columbia, and on its 100% owned Ironmist Property, an iron / vanadium project near Kamloops, British Columbia.

Electrum_2


Electrum Project


Exploration will begin on the Electrum Project July 18, 2011.  The Electrum Property is located approximately 40 km north of the town of Stewart, British Columbia, and lies in the heart of the prolific mining region referred to as the "Golden Triangle".  This area is gaining world-wide attention as high-power transmission lines are being built to aid some of the largest deposits in the world move toward feasibility.


The Electrum lies in a valley containing four past producing commercial mines, and hosts the historic East Gold Mine which had intermittent small-scale production producing approximately 46 tons of hand-picked ore with average grades of 1,661 g/t (48.5 oz/t) gold and 2,596 g/t (75.7 oz/t) silver (Pre NI 43-101 smelter records).

Pic_2
The Company has retained SRK Consulting, an internationally recognized geological consulting firm, to compile data and generate targets which will assist in planning the program.  Details of the drill program will be released once it has been finalized.  Initial work will include detailed mapping of newly discovered veins.  In 2010 a chip sample of 694 g/t gold and 550 g/t silver was obtained along this gold-bearing system of closely spaced epithermal breccia-veins exposed on surface in continuous outcrop for over 50 meters.  Other samples assayed 71.8 g/t gold with over 10,000 g/t silver and 5.21 g/t gold with 2,800 g/t silver.


Frank O�Grady, P.Eng., is the senior geologist for the project and the Qualified Person pursuant to NI 43-101.  Frank is a geologist and mining engineer, who has extensive experience drilling and mining both on surface and underground.  He was involved in discovering a deposit which became a mine, and has been instrumental in increasing the resources and efficiencies of mines in production.  He has decades of experience across North America and has spent many years in British Columbia.

Click the image ror an introduction to the Electrum project.

Allan2



Ironmist Project


The Company is also pleased to announce that exploration on its Ironmist Project will begin July 12, 2011.  A team of three geologists will conduct surface sampling and mapping for the purpose of identifying future drill targets.  It is anticipated that Diamond drilling will follow.  Mike Becherer, P.Geo., is the senior geologist for the project and the Qualified Person pursuant to NI 43-101.  Mike will be assisted by Malcolm Warwick, who has extensive experience with magnetite deposits similar to the Ironmist, and Desmond O�Brien, who was involved with the work previously done on the project.

Frank O�Grady, P.Eng., is the Qualified Person for the purposes of National Instrument 43-101 for the Electrum Project.  Mr. O�Grady has verified and approved the contents of this news release.


American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.


For further information please contact Darren Blaney at:  Phone: 403 752-4040 or Email:  info@americancreek.com.  Information relating to the Corporation is available on its website at www.americancreek.com.


Certain information contained in this news release constitutes forward-looking statements regarding the Corporations mineral properties. Forward looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the reasonable opinions and estimates of management of American Creek and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include: the inherent risks involved in the exploration and development of mineral properties, uncertainties involved in the interpretation of drill results and other geological data, fluctuating commodity prices, unforeseen permitting requirements, changes in environmental laws or regulations, the possibility of project cost overruns or unanticipated costs and expenses, weather conditions, the availability of contractors for equipment and services, the availability of future financing and general business and economic conditions. Such statements are also based on a number of assumptions which may prove to be incorrect, including assumptions about general business and economic conditions being accurate, the timing and receipt of regulatory approvals for projects and operations, the availability of financing, the ability to secure equipment and labour, and American Creeks ongoing relationship with third parties. The foregoing factors, risks and assumptions are not exhaustive. Events or circumstances could cause actual events or results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are as of the date they are made and American Creek disclaims any obligation to update any forward-looking statements, except as required by law.

The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.

www.americancreek.com

[SUBSCRIPTIONS]

Data and Statistics for these countries : Canada | All
Gold and Silver Prices for these countries : Canada | All

American Creek Resources Ltd

EXPLORATION STAGE
CODE : AMK.V
ISIN : CA0252881010
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

American Creek is a silver and gold exploration company based in Canada.

American Creek holds various exploration projects in Canada.

Its main exploration properties are ELECTRUM, TIDE, IRONMIST and TREATY CREEK in Canada.

American Creek is listed in Canada. Its market capitalisation is CA$ 33.3 millions as of today (US$ 24.3 millions, € 22.7 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.61, and its lowest recent point on May 31, 2019 at CA$ 0.03.

American Creek has 229 530 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of American Creek Resources Ltd
4/16/2015Closes First Tranche of Financing
3/24/2015Announces $480,000 Financing
3/25/2013Closes First Tranche of Private Placement
Option Grants of American Creek Resources Ltd
5/10/2007announces appointment of officer and grant of stock options
Project news of American Creek Resources Ltd
9/17/2012(Treaty Creek)Receives Notice From Seabridge Gold To Negotiate Access Righ...
7/18/2012(Tide)Sells Tide Property For $1.5 Million
5/7/2012ANNOUNCES THAT SETTLEMENT OFFER MADE TO TEUTON RESOURCES COR...
3/1/2012RESPONDS TO TEUTON RESOURCE CORP. NEWS RELEASE
2/24/2012REPORTS THAT TEUTON RESOURCES CORP HAS BACKED OUT OF DISCOVE...
1/9/2012(Treaty Creek)Announces Results From Magnetotelluric Survey on its Treaty ...
6/27/2011(Ironmist)Announces Exploration Programs on the Electrum and Ironmist ...
5/30/2011(Treaty Creek)Authorizes Seabridge Gold to Conduct Geophysical Survey on ...
4/28/2011Quanto Research initiates coverage on American Creek Resourc...
3/25/2011(Electrum)RECEIVES DRILL PERMIT FOR ELECTRUM PROJECT
7/8/2010(Electrum)Samples 694 g/t (20.24 oz/t) gold
1/12/2010(Treaty Creek)Treaty Creek discovery hole runs 241 metres of 0.80 g/t gold
8/20/2007(Tide)Commences exploration on Tide Project
6/6/2007(Electrum)Commences 2007 Electrum Project Drill Program
Corporate news of American Creek Resources Ltd
7/14/2016AMERICAN CREEK RESOURCES ANNOUNCES $300,000 FINANCING
6/29/2016AMERICAN CREEK RESOURCES COMMENCES GOLD HILL PROPERTY EXPLOR...
6/22/2016AMERICAN CREEK REPORTS THAT TUDOR GOLD CORP. HAS COMMENCED D...
6/15/2016AMERICAN CREEK CLOSES TWO JV TRANSACTIONS WITH TUDOR GOLD CO...
5/24/2016AMERICAN CREEK RESOURCES ISSUES INCENTIVE OPTIONS
5/12/2016AMERICAN CREEK’S JV PARTNER BEGINS TRADING ON TSX VENTURE EX...
5/4/2016AMERICAN CREEK RESOURCES MAKES SHARE PAYMENT TO AGORACOM FOR...
4/21/2016AMERICAN CREEK RESOURCES RECEIVES APPROVAL FOR TREATY CREEK ...
4/15/2016AMERICAN CREEK RESOURCES EXPANDS THE D1 - MCBRIDE PROPERTY I...
4/14/2016AMERICAN CREEK RESOURCES NEGOTIATES TREATY CREEK NSR BUYDOWN
1/4/2016American Creek Resources Provides Litigation Update
12/31/2015American Creek Resources Announces Changes to Board of Direc...
11/3/2015AMERICAN CREEK RESOURCES ANNOUNCES SHARES FOR DEBT ARRANGEME...
11/2/2015American Creek Resources Provides Electrum Drill Program Upd...
11/2/2015AMERICAN CREEK RESOURCES PROVIDES 2015 ELECTRUM DRILL PROGRA...
10/5/2015American Creek Commences Drill Program On Electrum Project
10/3/2015AMERICAN CREEK CLOSES FIRST TRANCHE OF FINANCING
10/2/2015American Creek Closes First Tranche of Financing
9/29/2015AMERICAN CREEK RESOURCES ANNOUNCES $150,000 FINANCING
9/10/2015American Creek Resources Corporate Update
6/29/2015American Creek Resources-Litigation Update
6/29/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
4/23/2015-Litigation Update
4/23/2015American Creek Resources-Litigation Update
4/16/2015AMERICAN CREEK RESOURCES CLOSES FIRST TRANCHE OF FINANCING
4/3/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
4/3/2015-Litigation Update
4/3/2015American Creek Resources-Litigation Update
3/24/2015AMERICAN CREEK RESOURCES ANNOUNCES $480,000 FINANCING
3/10/2015AMERICAN CREEK RESOURCES – TEUTON RESOURCES - TREATY CREEK L...
3/10/2015American Creek Resources-Teuton Resources-Treaty Creek Litig...
3/9/2015AMERICAN CREEK RESOURCES ACQUIRES GOLD HILL AND D1-MCBRIDE P...
2/2/2015American Creek Litigation Update-Teuton Resources Corp. Deni...
1/26/2015American Creek Commences Judgement Enforcement Against Teuto...
1/26/2015American Creek Commences Judgement Enforcement Against Teuto...
1/12/2015AMERICAN CREEK PROVIDES UPDATE ON TEUTON RESOURCES CORP. – T...
1/9/2015American Creek Provides Update on Teuton Resources Corp.-Tre...
12/24/2014American Creek Provides Further Update-Treaty Creek-Teuton R...
12/22/2014American Creek Provides Treaty Creek - Teuton Resources Corp...
12/2/2014American Creek Resources Closes $466,600 Financing
11/27/2014American Creek Resources Receives Favorable Judgement Regard...
10/17/2014AMERICAN CREEK RESOURCES ANNOUNCES $600,000 FINANCING
10/8/2014American Creek Resources Provides Corporate Update
5/9/2014American Creek Resources Obtains Title to Treaty Creek Prope...
4/15/2014IIROC Trading Resumption - AMK
4/15/2014American Creek Resources Prevails Over Teuton Resources in T...
4/15/2014IIROC Trading Halt - AMK
4/23/2013(Treaty Creek)Reports That the Trial With Teuton Resources Corp. Over the ...
10/15/2012TO BEGIN NEGOTIATING ACCESS RIGHTS
9/20/2012Lawrence Roulston highlights American Creek in Golden Triang...
4/28/2012MAKES SETTLEMENT OFFER TO TEUTON RESOURCES CORP.
3/21/2012CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT OFFERING
2/1/2012PROVIDES LITIGATION UPDATE
1/24/2012reports on Annual General Meeting of Shareholders
7/15/2011Continues to Increase its Market Exposure
5/4/2011stock breaks 52 week high
4/13/2011Corporate Update
3/31/2011Vantagewire issues Bottom Line Report on American Creek
3/29/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $56...
3/1/2011ANNOUNCES $400,000 PRIVATE PLACEMENT OFFERING
3/1/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $86...
2/24/2011ANNOUNCES APPOINTMENT OF NEW DIRECTOR
4/7/2010B.C's Golden Triangle Update
3/2/2010Let's meet next week
1/14/2010Analyst James West Reports on American Creek
10/4/2007Has the Tide turned?
9/28/2007featured on Business Television September 29th and September...
8/29/2007Presentation on the Treaty Creek property and the Electrum p...
7/31/2007Commences Treaty Creek Exploration Program
5/3/2007 Kamloops Area projects
4/11/2007SIGNS EARN-IN AGREEMENT WITH TEUTON RESOURCES
3/27/2007Latest News Release from American Creek Resources Ltd.
3/14/2007Latest news release from American Creek Resources Ltd
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (AMK.V)
0.145+3.57%
TSX-V
CA$ 0.145
04/24 15:42 -
3.57%
Prev close Open
0.140 0.145
Low High
0.145 0.145
Year l/h YTD var.
0.110 -  0.180 11.54%
52 week l/h 52 week var.
0.110 -  0.200 -17.14%
Volume 1 month var.
24,000 -9.38%
24hGold TrendPower© : -16
Produces
Develops
Explores for Gold - Iron - Silver - Titanium - Vanadium - Zinc
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/14/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
202416.00%
2023-3.85%0.210.12
2022-29.73%0.230.11
2021-30.19%0.440.16
2020231.25%0.500.04
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.75+0.52%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.92-1.71%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.55+0.00%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.38-3.64%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.32+0.46%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24-2.08%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.77-1.12%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.10-0.89%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :