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American Creek Resources Ltd

Publié le 29 juin 2016

AMERICAN CREEK RESOURCES COMMENCES GOLD HILL PROPERTY EXPLORATION

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AMERICAN CREEK RESOURCES COMMENCES GOLD HILL PROPERTY EXPLORATION

June 29, 2016 TSX-V: AMK

American Creek Resources Ltd. (TSX-V:AMK) ('American Creek') ('the Corporation') is pleased to report that it has commenced initial exploration on its Gold Hill property located near Cranbrook, British Columbia.

The 100% owned Gold Hill property covers approximately 836 hectares and is located along the western edge of the Kimberly Gold Trend in the Fort Steele Mining Division near Cranbrook, BC. The property contains a significant portion of the Boulder Creek drainage, a headwater tributary of the Wild Horse River, considered to be one of the greatest gold rivers in the entire province. Gold rushes have taken place there since the 1860's that have yielded 48 tonnes of reported gold, making it Canada's 4 largest placer producer. The majority of the gold recovered from the Wild Horse was located along a 6 km stretch betweenBoulder Creek (upstream) and Brewery Creek (downstream). Early efforts by Cominco and others to locate the source of the Wild Horse placer gold led explorers up Boulder Creek to what is now called the Gold Hill property.

The Gold Hill property constitutes a significant portion of the Boulder Creekwatershed and includes two main areas of significance known as the Big Chief and Gold Hill. Work conducted in 1937 by Cominco included driving 75 meters of adits and obtaining samples which included a 6.7 meter face sample that averaged 74 g/t gold, 67.5 g/t silver and 6.1% lead over the entire 1.5 meter drift width. The highest gold mineralization occurred in the hanging wall and footwall contacts. The gold market at the time did not support further work and the property has largely sat dormant over the years.

This initial phase of the 2016 exploration program will consist of locating all known workings, prospecting new areas of interest, geological mapping, and conducting extensive geochemical sampling in an effort to identify drill targets associated with the historic adits and the hanging wall and footwall contact areas that host the high grade gold.

The Corporation has also entered into a shares for debt arrangement with a contractor and has agreed to settle $50,000.00 of debt by issuing 625,000 common shares at a deemed price of $0.08 per share. The shares will be subject to a statutory 4 month hold period. This shares for debt arrangement is subject to approval by the TSX Venture Exchange.

For further information please contact Kelvin Burton 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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Données et statistiques pour les pays mentionnés : Canada | Tous
Cours de l'or et de l'argent pour les pays mentionnés : Canada | Tous

American Creek Resources Ltd

EXPLORATEUR
CODE : AMK.V
ISIN : CA0252881010
Suivi et investissement
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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$ (24,2 millions US$, 22,7 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.

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Financements de American Creek Resources Ltd
16/04/2015Closes First Tranche of Financing
24/03/2015Announces $480,000 Financing
25/03/2013Closes First Tranche of Private Placement
Attributions d'options de American Creek Resources Ltd
10/05/2007announces appointment of officer and grant of stock options
Projets de American Creek Resources Ltd
17/09/2012(Treaty Creek)Receives Notice From Seabridge Gold To Negotiate Access Righ...
18/07/2012(Tide)Sells Tide Property For $1.5 Million
07/05/2012ANNOUNCES THAT SETTLEMENT OFFER MADE TO TEUTON RESOURCES COR...
01/03/2012RESPONDS TO TEUTON RESOURCE CORP. NEWS RELEASE
24/02/2012REPORTS THAT TEUTON RESOURCES CORP HAS BACKED OUT OF DISCOVE...
09/01/2012(Treaty Creek)Announces Results From Magnetotelluric Survey on its Treaty ...
27/06/2011(Ironmist)Announces Exploration Programs on the Electrum and Ironmist ...
30/05/2011(Treaty Creek)Authorizes Seabridge Gold to Conduct Geophysical Survey on ...
28/04/2011Quanto Research initiates coverage on American Creek Resourc...
25/03/2011(Electrum)RECEIVES DRILL PERMIT FOR ELECTRUM PROJECT
08/07/2010(Electrum)Samples 694 g/t (20.24 oz/t) gold
12/01/2010(Treaty Creek)Treaty Creek discovery hole runs 241 metres of 0.80 g/t gold
20/08/2007(Tide)Commences exploration on Tide Project
06/06/2007(Electrum)Commences 2007 Electrum Project Drill Program
Communiqués de Presse de American Creek Resources Ltd
14/07/2016AMERICAN CREEK RESOURCES ANNOUNCES $300,000 FINANCING
29/06/2016AMERICAN CREEK RESOURCES COMMENCES GOLD HILL PROPERTY EXPLOR...
22/06/2016AMERICAN CREEK REPORTS THAT TUDOR GOLD CORP. HAS COMMENCED D...
15/06/2016AMERICAN CREEK CLOSES TWO JV TRANSACTIONS WITH TUDOR GOLD CO...
24/05/2016AMERICAN CREEK RESOURCES ISSUES INCENTIVE OPTIONS
12/05/2016AMERICAN CREEK’S JV PARTNER BEGINS TRADING ON TSX VENTURE EX...
04/05/2016AMERICAN CREEK RESOURCES MAKES SHARE PAYMENT TO AGORACOM FOR...
21/04/2016AMERICAN CREEK RESOURCES RECEIVES APPROVAL FOR TREATY CREEK ...
15/04/2016AMERICAN CREEK RESOURCES EXPANDS THE D1 - MCBRIDE PROPERTY I...
14/04/2016AMERICAN CREEK RESOURCES NEGOTIATES TREATY CREEK NSR BUYDOWN
04/01/2016American Creek Resources Provides Litigation Update
31/12/2015American Creek Resources Announces Changes to Board of Direc...
03/11/2015AMERICAN CREEK RESOURCES ANNOUNCES SHARES FOR DEBT ARRANGEME...
02/11/2015American Creek Resources Provides Electrum Drill Program Upd...
02/11/2015AMERICAN CREEK RESOURCES PROVIDES 2015 ELECTRUM DRILL PROGRA...
05/10/2015American Creek Commences Drill Program On Electrum Project
03/10/2015AMERICAN CREEK CLOSES FIRST TRANCHE OF FINANCING
02/10/2015American Creek Closes First Tranche of Financing
29/09/2015AMERICAN CREEK RESOURCES ANNOUNCES $150,000 FINANCING
10/09/2015American Creek Resources Corporate Update
29/06/2015American Creek Resources-Litigation Update
29/06/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
23/04/2015-Litigation Update
23/04/2015American Creek Resources-Litigation Update
16/04/2015AMERICAN CREEK RESOURCES CLOSES FIRST TRANCHE OF FINANCING
03/04/2015AMERICAN CREEK RESOURCES – LITIGATION UPDATE
03/04/2015-Litigation Update
03/04/2015American Creek Resources-Litigation Update
24/03/2015AMERICAN CREEK RESOURCES ANNOUNCES $480,000 FINANCING
10/03/2015AMERICAN CREEK RESOURCES – TEUTON RESOURCES - TREATY CREEK L...
10/03/2015American Creek Resources-Teuton Resources-Treaty Creek Litig...
09/03/2015AMERICAN CREEK RESOURCES ACQUIRES GOLD HILL AND D1-MCBRIDE P...
02/02/2015American Creek Litigation Update-Teuton Resources Corp. Deni...
26/01/2015American Creek Commences Judgement Enforcement Against Teuto...
26/01/2015American Creek Commences Judgement Enforcement Against Teuto...
12/01/2015AMERICAN CREEK PROVIDES UPDATE ON TEUTON RESOURCES CORP. – T...
09/01/2015American Creek Provides Update on Teuton Resources Corp.-Tre...
24/12/2014American Creek Provides Further Update-Treaty Creek-Teuton R...
22/12/2014American Creek Provides Treaty Creek - Teuton Resources Corp...
02/12/2014American Creek Resources Closes $466,600 Financing
27/11/2014American Creek Resources Receives Favorable Judgement Regard...
17/10/2014AMERICAN CREEK RESOURCES ANNOUNCES $600,000 FINANCING
08/10/2014American Creek Resources Provides Corporate Update
09/05/2014American Creek Resources Obtains Title to Treaty Creek Prope...
15/04/2014IIROC Trading Resumption - AMK
15/04/2014American Creek Resources Prevails Over Teuton Resources in T...
15/04/2014IIROC Trading Halt - AMK
23/04/2013(Treaty Creek)Reports That the Trial With Teuton Resources Corp. Over the ...
15/10/2012TO BEGIN NEGOTIATING ACCESS RIGHTS
20/09/2012Lawrence Roulston highlights American Creek in Golden Triang...
28/04/2012MAKES SETTLEMENT OFFER TO TEUTON RESOURCES CORP.
21/03/2012CLOSES OVER-SUBSCRIBED PRIVATE PLACEMENT OFFERING
01/02/2012PROVIDES LITIGATION UPDATE
24/01/2012reports on Annual General Meeting of Shareholders
15/07/2011Continues to Increase its Market Exposure
04/05/2011stock breaks 52 week high
13/04/2011Corporate Update
31/03/2011Vantagewire issues Bottom Line Report on American Creek
29/03/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $56...
01/03/2011ANNOUNCES $400,000 PRIVATE PLACEMENT OFFERING
01/03/2011CLOSES OVERSUBSCRIBED PRIVATE PLACEMENT OFFERING RAISING $86...
24/02/2011ANNOUNCES APPOINTMENT OF NEW DIRECTOR
07/04/2010B.C's Golden Triangle Update
02/03/2010Let's meet next week
14/01/2010Analyst James West Reports on American Creek
04/10/2007Has the Tide turned?
28/09/2007featured on Business Television September 29th and September...
29/08/2007Presentation on the Treaty Creek property and the Electrum p...
31/07/2007Commences Treaty Creek Exploration Program
03/05/2007 Kamloops Area projects
11/04/2007SIGNS EARN-IN AGREEMENT WITH TEUTON RESOURCES
27/03/2007Latest News Release from American Creek Resources Ltd.
14/03/2007Latest news release from American Creek Resources Ltd
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