| American Creek Commences Drill Program On Electrum Project | |
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October 5, 2015
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TSX-V: AMK
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American Creek Resources Ltd. (TSX-V:AMK) ('American Creek') is pleased to report that it has commenced a fall exploration program on its 100% owned Electrum property located in British Columbia, Canada. The program will include mapping and surface sampling as well as diamond drilling.
The Electrum Project is located in the 'Golden Triangle' approximately 45km north of Stewart, British Columbia, near past operating mines including the Riverside, Scotty Gold, Granduc, Big Missouri and Silbak-Premier. The Electrum Project is located approximately 25 km north of the Silbak-Premier and approximately 20km south of Pretium Resource's recently discovered Valley of the Kings deposit. The property is road accessible and is only 45km from recently upgraded concentrate shipping port facilities located in Stewart. The Electrum encompasses the historic East Gold Mine which has produced extremely high grades of gold, silver and electrum in the past, averaging 1,661 g/t gold and 2,560 g/t silver over 25 years of small-scale hand mining.
Fully understanding the complex high grade gold/silver vein structures on the Electrum property requires an approach similar to the advanced techniques utilized by Pretium Resources to delineate the rich high grade vein structures found within their Valley of the Kings deposit. The Valley of the Kings deposit has opened up new insights into these types of high grade transitional epithermal gold/silver occurrences. The exploration program this fall will be focused in an area where past drilling and surface sampling by American Creek has located new massive high grade gold and silver vein outcrops. The objective for this work is to gain a better understanding of the geological structure and to lay the baseline for future work on the property.
The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.
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: [email protected] 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.
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American Creek Resources Ltd
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EXPLORATEUR |
CODE : AMK.V |
ISIN : CA0252881010 |
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American Creek est une société d’exploration minière d'argent et d'or basée au Canada. American Creek détient divers projets d'exploration au Canada. Ses principaux projets en exploration sont ELECTRUM, TIDE, IRONMIST et TREATY CREEK au Canada. American Creek est cotée au Canada. Sa capitalisation boursière aujourd'hui est 33,3 millions CA$ (26,6 millions US$, 23,3 millions €). La valeur de son action a atteint son plus haut niveau récent le 31 décembre 2007 à 2,61 CA$, et son plus bas niveau récent le 31 mai 2019 à 0,03 CA$. American Creek possède 229 530 000 actions en circulation. |