VantangeWire Publishes Report on American Creek
As American Creek starts exploration this summer, it will also focus on continuing to gain more exposure in the market place. The potential that properties like the Electrum have is being well received in the markets. VantageWire recently published a report on American Creek and distributed it to over 150,000 investors.
You can read the report by clicking here. This report gives a short summary on the company and what it's doing to develop its properties, and is well suited to pass along to others who are not familiar with the company. There is also a one minute video concerning the Electrum property found here.
The exploration program on the Electrum silver/gold property will be starting on July 18th and the timing couldn�t be better with the gold and silver markets being as strong as ever.
Today, gold brushed $1,600 as it traded as high as $1,594 and silver is looking to regain its previous highs as it has traded as high as $39.31. For a chart (that can be manipulated) for gold click here, for silver click here.
Yesterday, one of the most respected analysts in the metals industry, John Embry was interviewed concerning gold, silver, and mining stocks. When asked about the mining shares specifically Embry had this to say,
�Well they haven�t moved up a lot with gold and silver, I mean they�ve been sort of wallowing a bit. We�re not talking about a trillion dollars worth of paper (total value of all mining companies), and consequently if money decides it has to come into this space, it�s going to be like internet stocks in the �90�s except they (mining stocks) are going to have real fundamentals.�
To read the full interview click here.
As mentioned in the news release of June 27, 2011, the Company has retained SRK Consulting to compile data and generate targets which will assist in planning the program being conducted by Frank O�Grady, P.Eng., the senior geologist for the project and the Qualified Person pursuant to NI 43-101. Mr. O'Grady is a geologist and mining engineer who has extensive experience drilling and mining both on surface and underground. His experience in increasing the resources and operating efficiencies of mines in production has brought a new and valued perspective in approaching the 2011 Electrum drill program.
SRK Consulting is an independent, international consulting practice that provides focused advice and solutions from exploration through feasibility, mine planning, and production to mine closure. Formed in 1974, SRK now employs more than 1000 professionals internationally in over 40 offices on 6 continents.
SRK Consulting employs leading specialists in each field of science and engineering. Its seamless integration of services, and global base, has made the company a leading international practice in due diligence, feasibility studies and confidential internal reviews.
Among SRK's 1500 clients are most of the world's major and medium-sized metal and industrial mineral mining houses, exploration companies, banks, petroleum exploration companies, construction firms and government departments.
The combination of Mr. O'Grady's experience and insight, along with data analysis by SRK, is anticipated to greatly increase the understanding of the property. This new insight will result in significant advancement of the Electrum project this summer.
For further information please contact Darren Blaney. Phone: 403 752-4040, Fax: 403 752-4020, or Email: dblaney@americancreek.com. Information relating to the Corporation is available on its website at www.americancreek.com.
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