American Creek JV drills 1.95 m of 10.97 g/t Au in B.C.
AMERICAN CREEK Resources Ltd.’s joint venture partner and operator Tudor Gold Corp. has encountered numerous high-grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek project in British Columbia’s Golden Triangle.
The new HC zone shares geological characteristics similar and unique to the famous Eskay Creek deposit, approximately 12 kilometres to the northwest.
Tudor reported the following.
The HC mineralized zone of the HC deposit within the GR2 claim block on Tudor Gold’s 60-per-cent-owned Treaty Creek project hosts a precious-metal-rich, polymetallic, volcanogenic massive sulphide and sulphosalt (VHMS) mineralized system.
The HC zone appears to be a complete precious-metal-rich VHMS deposit in which the feeder vein system, the vent structures and the sulphides in a restricted sedimentary basin had been intersected. All three zones of the HC deposit carry elevated values of gold. The feeder vein system also carries elevated silver and base metal (lead, zinc and copper) content.
During the continuing 2017 season, Tudor Gold has drilled 13 holes in the vicinity of and to the north of the nine holes drilled in 2007 and 11 holes in 2009 by American Creek Resources. Together, these 33 holes have produced consistent geology demonstrating the continuity of the feeder vein system, the vent structure and the sedimentary basin withi n the are a bounded by these holes (assays received up to HC-17-07; await ing as says on all remaining 2017 holes).
The holes drilled by Tudor Gold and American Creek Resources cover approximately 400 metres along strike and 450 metres down dip. The entire 3,000-metre mineralized structure that hosts the HC zone remains open to the north, south beyond the existing drill holes and down dip.
Assay results are shown in the accompanying tables.
(See AMK Table 1 on page 3)
(See AMK Table 2 on page 3)
(See AMK Table 3 on page 3)
Darren Blaney, president and CEO of American Creek, stated: “This new HC zone northern extension of the GR2 is a bonus that we weren’t expecting. We are very encouraged by the remarkably similar characteristics of the HC to the Eskay Creek deposit located to the northwest of us.
Although still very preliminary, the drill results thus far have shown great promise for the future discovery potential of this portion of the extensive Treaty Creek property. Three drills are presently turning on the property with the objective being to define a gold resource on both the Copper Belle and GR2 zones.”
Karen Baxter condensed this news release (firstname.lastname@example.org). Darren R Blaney, Dennis Edwards, Robert N Edwards, Sean Pownall
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