Amer­i­can Creek JV drills 1.95 m of 10.97 g/t Au in B.C.

Stockwatch Daily - - MINES & METALS - Mr. Darren Blaney re­ports

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 (karenb@stock­watch.com). Darren R Blaney, Dennis Ed­wards, Robert N Ed­wards, Sean Pow­nall

(AMK) Shares: 253,717,834

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