Cardston, Alberta–(Newsfile Corp. – February 1, 2019) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation”) today reports that JV partner Tudor Gold announced the designation of a new gold zone at Treaty Creek which has been named “Goldstorm”. It was previously thought that gold mineralization identified by drilling northeast of the Copper Belle Zone was simply a northeast extension of that same zone, but after evaluating drill hole data from holes completed in 2016, 2017 and 2018, it appears that the mineralization encountered to the northeast of Copper Belle has different characteristics, configuration and geometry. While it is unclear whether the zones are genetically linked, these zones are physically separate. The surface drill hole location map at the end of this news release shows the location of both gold zones.
Tudor Gold Exploration Manager, Ken Konkin explains: “Goldstorm is a much larger system than Copper Belle, it is at least 300m wide and extends vertically for over 700m. The zone has been traced for approximately 500 meters along a northeastern azimuth. Gold mineralization appears to be continuing towards the northeast and southeast and clearly becomes stronger in the northernmost hole, CB18-39 which returned 563.8 meters of 0.981 grams per tonne gold. The upper portion of CB18-39 averaged 1.141 gpt gold over 280.5 meters and a lower zone in the same hole averaged 1.154 grams per tonne gold over 156 meters. This hole bottomed in mineralization and we will look at the option of re-entering the hole this year in attempts to extend the mineralization deeper. But the primary focus will be to extend the Goldstorm Zone along strike to the northeast and to the southeast as well.
Over the coming months, we hope to gain a better understanding of aspects that control gold mineralization. Re-examination of drill hole information has revealed the presence of a northwest dipping thrust fault that appears to define the upper contact of the Goldstorm system. The relationship of this fault to the formation of the mineral zone is an aspect of further study, as are the various styles of sulphide mineralization, silicification and alteration. Compilation and evaluation of this data will help in planning for the drilling campaign to be undertaken in the up-coming exploration season.”
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Originally Published: Feb 1, 2019, www.americancreek.com