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Two days ago, Eric Sprott commented on the recently announced American Creek Spinout. Take one minute to see what he said in this excerpt from his Friday podcast.
Read at:
https://mailchi.mp/db499a6ea282/sprott-comments-on-american-creek-spinout?e=6f11d69fd1
Video at:
TUDOR GOLD INTERSECTS 1,152 METERS OF 0.741 GPT AUEQ, INCLUDING 1.561 GPT AUEQ OVER 121.5 METERS AND 0.968 GPT AUEQ OVER 414 METERS WITH HOLE GS-20-75.
STEP-OUT HOLE GS-20-70 EXTENDS THE GOLDSTORM 300 HORIZON AND CS-600 ZONE ANOTHER 150 METERS TO THE NORTHEAST AS DRILLING CONTINUES WITH SIX DRILLS AT TREATY CREEK.
[[ Our Joint Venture partner posts ]]
VANCOUVER, BC, October 26th, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to present results for the fourth set of diamond drill holes at their flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling continues with six drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridge’s KSM Project, 5 km to the southwest.
All nine of the recent drill holes have successfully intersected the Goldstorm System expanding the mineralization to the northeast and southeast, as well as to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis and in addition, the CS-600 and DS-5 systems have been expanded to the northeast and to depth as well. All 26 drill holes completed at Goldstorm during the 2020 program have encountered significant precious metal mineralization.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states:“The goal is to drill-define the limits of the Goldstorm system mineralization. We are very pleased with the results obtained from the 2020 drill holes that have yet to define limits or boundaries to the mineralized target along the northeastern and the southeastern axes, and to depth as well as we keep encountering mineralization versus non-mineralized host rock. Drill hole results from GS-20-75 demonstrate that several aspects of the mineralized horizon appear to be gaining strength at depth with significant Au-Cu-Ag mineralization encountered in the CS-600 zone which averaged 0.968 gpt AuEq over 414 meters.
Our technical team has to date received drill hole results from 26 diamond drill holes at Goldstorm and three holes from the PSZ Zone, totalling 24,343.6 meters. Samples from 12 drill holes are awaiting results from MSA Labs, totalling 12,443.7 meters, with six additional holes currently being drilled that are expected to total more than 6,500 meters. The information released to date represents just over half of the drill information we plan to collect for this year’s program at Goldstorm. We have also received good news from MSA Labs that they hope to get back to our scheduled 15-day turn-around-time for results. We are confident that our combined efforts will expediate the news flow for the near-future.”
Goldstorm Highlights include:
- Nine diamond drill holes in this release totalled 10,234.2 meters, all hitting the intended targets with favorable results listed in the tables below.
- Best intercept was from GS-20-75 on Section 114+00 NE that averaged 0.741 gpt AuEq over 1152.0 metres (112.0-1264.0 m) containing an enriched portion of 121.5 meters (232.0-353.5 m) that averaged 1.561 gpt AuEq.
- GS-20-75 also had a remarkable 414.0 meter intercept (833.5-1247.5 m) of 0.968 gpt AuEq within the CS-600 Zone, which is the longest intercept for CS-600 drilled to date.
- Tudor Gold has surpassed the previous longest mineralized intercept with GS-20-79 on section 112+00 NE, 150 meters southwest of GS-20-75. This hole intersected 1338 meters (81.5-1419.5m) of 0.595 gpt Au Eq with the upper portion of the 300 Horizon averaging 0.877 gpt AuEq over 484.5 meters (81.5-566.0 m).
- A 150 meter extension of the 300, CS-600 and DS-5 Zones was confirmed by an aggressive step-out to the northeast with hole GS-20-70 on section 115+50 NE. The intercept averaged 0.500 gpt AuEq over 1218.0 meters and mineralization remains open to the northeast, northwest and southeast along Section 115+50 NE.
- The DS-5 System appears to be gaining strength to the northeast; hole GS-20-64, the north-easternmost hole, returned the strongest result for DS-5, averaging 0.983 gpt AuEq over 550.55 meters with an enriched portion averaging 1.482 gpt AuEq over 154.5 meters (Press Release July 27, 2020).
Read more and view tables at:
https://tudor-gold.com/press-release-october-26-2020/
In Case You Missed It!
We know everyone is busy but we also wanted to make sure that our shareholders have all had the opportunity to watch the two recent interviews concerning American Creek and the recently announced spinout. We have had many shareholders calling to express their appreciation. We have also talked to other shareholders who were not aware of the recent interviews and missed the previous emails.
For links goto:
https://mailchi.mp/560806eb29f1/test-ceo-darren-blaney-discusses-spin-out-treaty-creek-1790786?e=6f11d69fd1
Sector expert John Newell Provides updated Analysis on gold markets and American Creek Stock
October 23, 2020
Sector Expert: John Newell
Fieldhouse Capital Advisor Services
John Newell is a portfolio manager at Fieldhouse Capital Management and president and CEO of Golden Sky Minerals Corp. He has 38 years of experience in the investment industry acting as an officer, director, portfolio manager and investment advisor with some of the largest investment firms in Canada including Scotia McLeod, CIBC Wood Gundy and Richardson Greenshields (RBC Capital Markets). Newell is a specialist in precious metal equities and related commodities, and follows a disciplined proprietary approach incorporating equity research, analytical frameworks and risk controls to evaluate and select long and short stocks primarily from the Canadian small and mid-cap coverage. Many large, midcap and junior precious metal companies use his technical charts. Newell is a registered portfolio manager in Canada (advising representative).
On Monday June 15th, 2020 John put out a chart analysis on American Creek and predicted three price targets.
We have some updated analysis on the gold markets and American Creek Resources from Industry Expert John Newell. John has pointed out that American Creek broke it’s downward trend 2/3 of the way down the wedge and is moving towards his third target prediction of 65 cents.
AMK has completed its correction technically. Broken out of a declining wedge (as it went down fewer investors [were] willing to sell.
"AMK is on its way", “Base on Elliot Wave theory Market tend to move in waves of 5 with corrections in between, we have been expecting a 5th wave higher after the current wave 4 correction is complete (which we should be very close for this theory to play out… I mean right now). While the direction of the HUI or other Precious metal indices does not effect AMK.V directly, which by the way looks fantastic here, it shows sentiment of the group as a whole. Corrections in a bull market are designed to shake out the weak hand like wave 2 and now wave 4 has done. Wave 5’s can be big parabolic moves that we have seen in individual companies recently, now all share should rise. If the theory holds true there are 2 more 5 wave up in this Precious Metal Bull market. Below is the current sentiment Chart” * the chart below is Aug 31, since then the index dropped to 62 and is now moving upward at 69.
As you can see John is seeing a strengthening in both gold indices and in American Creek Stock. Prior to the consolidation of gold, he called for a 65 cent target in American Creek stock and still holds his prediction as he sees the next major leg being upwards.
Read more,a and view annotated chars at:
https://mailchi.mp/424d6ddb2707/sector-expert-john-newell-provides-updated-analysis-on-gold-and-amk-holds-065-price-target-1790386?e=6f11d69fd1
CEO Darren Blaney Discusses Spinout, Dunwell Mine and Treaty Creek
Beyond the press release: A video (28 min)
For the video link go to:
https://mailchi.mp/efd05e4ed4ca/test-ceo-darren-blaney-discusses-spin-out-treaty-creek-1787586?e=6f11d69fd1
American Creek Announces Spinout of Dunwell Property and Other Properties and Assets and Sets Date for Annual General & Special Meeting
Cardston, Alberta--(Newsfile Corp. - October 5, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that its board of directors has unanimously approved a spinout of the Company's Dunwell Property, and other properties and assets, to its shareholders by way of a share capital reorganization effected through a statutory plan of arrangement (the "Arrangement"). Under the Arrangement, American Creek will transfer the Assets (defined below) to a wholly-owned subsidiary, Stinger Resources Inc. ("Stinger"), in consideration for 45,000,000 Stinger common shares. The Stinger shares will then be distributed to American Creek's shareholders pro rata their interest in American Creek. Upon completion of the Arrangement, American Creek's shareholders will own shares in two public companies.
The assets that will be transferred to Stinger under the Arrangement will be the Dunwell, D1 McBride and Gold Hill properties, the optioned interests in the Silver Side, Ample Goldmax and Glitter King properties, 1,400,499 common shares of Tudor Gold Corp., the office located at #92 - 2nd Avenue West, Cardston, Alberta, together with office furniture and equipment located therein, certain vehicles, $1,500,000 - $3,000,000 cash and the right to receive 80% of the net warrant exercise proceeds received by the Company after completion of the Arrangement from the exercise of warrants that were outstanding at the time of completion of the Arrangement (collectively, the "Assets").
Upon completion of the Arrangement, Stinger's principal property will be the Dunwell Property. Consequently, the Company does not expect that it will conduct further work on the Dunwell Property at this time as any exploration work conducted prior to the closing of the spinout transaction may potentially result in "material events" which could have the effect of delaying the spinout transaction. After the Arrangement is completed, Stinger will continue with exploration work programs on the Dunwell Property.
American Creek will retain its 20% interest in the Treaty Creek Property and 100% interest in the Austruck Bonanza Property and will focus its immediate attention on conducting further exploration work on the Austruck Bonanza Property as it continues to have a carried interest in the Treaty Creek Property until such time as a production notice is issued, if ever.
Read more at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=c77ff81df7
-Eric Sprott on Treaty Creek
"There is a belief that this could be one of the biggest deposits in the Americas, and I certainly concur with that"
Sprott Money weekly wrap up host Craig Hemke and legendary investor Eric Sprott break down all the gold and silver news you need to weather the ups and downs
Read more & get links to videos (highly recommend the 2nd) at:
https://mailchi.mp/df50476106d1/sprotts-take-on-the-market-covid-treaty-creek?e=6f11d69fd1
Tudor Gold Corp
[[ Our Joint Venture Partner in Treaty Creek
I recommend watching all 3 presentations ]]
Sept 27,2020
Dear Stakeholders,
Today, we would like to share with you our updated company presentation, see link below:
LINK - PLEASE CLICK HERE
https://tudor-gold.com/wp-content/uploads/2020/09/TUDOR-GOLD-September-2020.pdf
Tudor Gold Corp. participated in the virtual Beaver Creek Precious Metals Summit last week.
Ken Konkin, Vice President of Project Development, gave an excellent presentation with highlights of our sucessful 2020 drill season so far.
We invite you to view the presentation video by clicking on the screenshot below or by following the link:
LINK - PLEASE CLICK HERE
https://tudor-gold.com/wp-content/uploads/2020/09/preciousmetals.tud_.v.mp4
If you would like to learn more about our flagship project Treaty Creek and our 2020 drill season, we invite you to view the following video, which provides good insights about the project.
LINK - PLEASE CLICK HERE
https://tudor-gold.com/wp-content/uploads/2020/07/Tudor_2020Promo_FINAL.mp4
About Tudor Gold
Tudor Gold is a precious and base metals explorer with properties in British Columbia's Golden Triangle, an area that hosts producing and past-producing mines and several large deposits that are approaching potential development. The 17,913 hectare Treaty Creek project (in which Tudor Gold has a 60% interest) borders Seabridge Gold Inc.'s KSM property to the southwest and borders Pretium Resources Inc.'s Brucejack property to the southeast. The Company also has a 100% interest in the Electrum Project, earn in options and 100% interests in other prospective projects located in the Golden Triangle area.
A lot of capital waiting to jump into the gold market.
Sept 18, 2020
Ronald-Peter Stoeferle is a Managing Partner at Incrementum, a renowned investment fund in Europe. Mr. Stoeferle is one of the two authors of “In Gold We Trust”, the most comprehensive and trusted annual report in the gold industry. In this interview from the Precious Metals Summit he explains why “The party’s just getting started” in the bull run that precious metals have entered. We strongly recommend that you take 13 minutes to see what this industry expert has to say.
In Gold We Trust Report
Read more & link to the interview:
https://mailchi.mp/133672aaa69b/this-partys-just-begun?e=6f11d69fd1
Ken Konkins’ presentation on Treaty Creek at the Beaver Creek Precious Metals Summit.
For anyone who missed it we are providing the link to Tudor’s presentation on Treaty Creek. Catalin Kilofliski and Ken Konkin only took 15 minutes to do a great job at giving us details on the geological system and where the focus is at Treaty Creek. We highly encourage everyone to take a few minutes to watch it. Simply click here: https://wsw.com/webcast/preciousmetals/tud.v/?lobby=true&day=3
Read at:
https://mailchi.mp/987737c1a8d3/treaty-creek-geologist-presentation-1778310?e=6f11d69fd1
Ken Konkin to give presentation on Treaty Creek at the Beaver Creek Precious Metals Summit
which will be streamed live at 3:00PM EST on Thursday Sept 17th.
Precious Metals Summit offers the premier event that brings together the community of institutional investors, sell-side representatives and corporate executives from senior precious metals companies to meet and network with some of the most prospective producers, explorers and developers from around the globe”.
This event is far more selective with inviting qualified exploration companies that large institutions and producers would want to meet with. This will be the second year Tudor will be attending and discussing Treaty Creek with potential suitors. VP of Project Development , Ken Konkin will be making a company presentation and corporate update which will be streamed live at 3:00PM EST on Thursday Sept 17th.
You can sign up to register for the live presentation here: https://wsw.com/webcast/preciousmetals/register.aspx?conf=preciousmetals&page=tud.v&url=https://wsw.com/webcast/preciousmetals/tud.v/index.aspx
We highly recommend that you attend and that you invite friends , family, and any analysts / writers you know to attend as well. Ken is as engaging as he is knowledgeable and does a great job of explaining the potential at Treaty Creek. If your associates are not familiar with American Creek please send them this link as well: https://americancreek.com/index.php/landing-page2?
We look forward to attending this along with each of you. If you have questions afterwards feel welcome to call us at 403-752-4040.
Kelvin Burton
Read at:
https://mailchi.mp/a6430dd877f5/treaty-creek-geologist-presentation?e=6f11d69fd1
American Creek Completes High-Resolution Magnetic and LIDAR Surveys at Past Producing Dunwell Mine Property in Golden Triangle of BC
Cardston, Alberta--(Newsfile Corp. - September 11, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that it has now completed a 450 line km high-resolution magnetic survey in combination with a LIDAR survey at the company's 100% owned Dunwell Mine gold and silver property located in the Golden Triangle of British Columbia.
Genesis Aviation Inc. was chosen to complete the High-Resolution Gradient Magnetometer survey in conjunction with a Three-Dimensional LIDAR survey over the property. This type of magnetic survey is flown by a low altitude helicopter and offers Measured Horizontal and Vertical Gradient data. This makes a significant difference to the magnetic inversion that provides a model at depth. The survey, which was conducted over the whole property, will allow the past, present and future geological and geophysical programs to be correlated with a much higher degree of accuracy than otherwise possible.
image: https://orders.newsfilecorp.com/files/682/63609_69498c26e4ecb98a_001full.jpg
The geophysical instruments used were GEM Systems GSMP-35A Potassium Vapor Magnetometers mounted in a Tri-Axal array.
Darren Blaney, CEO and President stated: "We look forward to seeing the results of the recently completed magnetic and Lidar surveys as that new data, combined with our fall 2019 IP data, will greatly expand our understanding of the underground geology and enhance drill placement and targeting. We will also now be able to develop strong correlations between known mineralized zones and future untested targets thus potentially improving our hit ratio as we target these high-grade vein systems with the drill.
Read more, view graphics and maps at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=bf29082613
Newly Discovered Zone of Mineralization Indicates Another Huge Gold System!
Phenomenal Drilling Success: Newly Discovered Zone of Mineralization Indicates Another Huge Gold System!
Sept 10, 2020
[[ A joint venture ]]
That’s the title of the latest JS Research report on the Treaty Creek project and our JV partner Tudor Gold. It sounds like they are as excited about the latest drilling results as we are. The key elements for us are that the infill drilling is going well, the Goldstorm continues to extend to the north and to the east with further expansion planned in both directions (dramatically expanding the conceptual target size) and the initial drilling on the Perfectstorm zone (PSZ) confirms mineralized rock. These preliminary holes were shallow and along the northern edge of the PSZ zone just to see if mineralization was associated with the geological and geophysical indicators. Regardless of length or grade, hitting on all three holes confirms the link between the geology / geophysics and mineralized rock, just as it has on the other deposits in the Sulphurets Hydrothermal system including the Goldstorm, Iron Cap, Mitchell, Snowfield, Sulphurets, and Kerr.
We previously sent you information concerning the Perfectstorm and the significance of where it is located and the potential of its scale. We highly recommend you review it by clicking here.
https://mailchi.mp/845bfc98756b/treatys-perfect-structural-storm?e=d8ad643995
This is the fourth report by JS Research (out of Germany) that’s we’ve sent to you. The last report suggested this is the perfect time to take advantage of the recent pullback in gold and leveraged gold exploration stocks; in particular the Treaty Creek play. Prior to that JS Research put out an initial Report on Treaty Creek and our JV partner and operator Tudor Gold back in June 2020. In that report they suggested that Treaty Creek could have between 22.5 and 32.1 million ounces of gold equivalent. In July, their second report showed the potential for Treaty Creek to have more than 22.5 – 32.1 Million ounces of gold equivalent. Recently Tudor expanded the diamond drill program from 20,000m to 40,000m by utilizing six drills and extending the drill season. We have only received about a third of the assays for the 2020 drill program and the results have already eclipsed the great results of 2019. The geophysics and geology suggest more of the same which we saw in yesterday’s press release, confirming that the trend continues.
Tudor Gold picks up a new Discovery. Take a close look here. Since the stock has not yet reacted, the market does not seem to have realized the significance yet!
Read more, view maps, graphics and other links at:
https://mailchi.mp/f0e25fabe004/another-huge-gold-system?e=6f11d69fd1
TUDOR GOLD DISCOVERS A SIGNIFICANT NEW GOLD-SILVER-COPPER MINERALIZED SYSTEM AT THE PERFECTSTORM (PSZ) AT TREATY CREEK AS WELL AS EXPANDS THE GOLDSTORM MINERALIZATION ALONG THE NORTHEAST AXIS TO 1100 METERS.
DRILL HOLE GS-20-73 EXPANDS THE 300 HORIZON WITH A 229.5 METER INTERCEPT AVERAGING 1.506 gpt AuEq WITHIN A 775.5 METER INTERVAL AVERAGING 0.932 gpt AuEq.
DRILL HOLE GS-20-66 EXPANDS THE CS-600 SYSTEM 100 METRES TO THE SOUTHEAST WITH A 75 METER INTERCEPT AVERAGING 2.150 gpt AuEq.
[[ Tudor is a joint venture partner ]]
VANCOUVER, BC, September 09, 2020 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce that it has completed the third set of diamond drill holes at their flagship property, Treaty Creek located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling is progressing very well with six diamond drill rigs currently working on the Goldstorm Zone which is on-trend from Seabridges’ KSM Project to the southwest.
Three drill holes have intersected the newly discovered gold-dominant PSZ System located approximately 2 kilometers southwest of the Goldstorm Zone. These diamond drill holes targeted a 1.5 kilometer-wide geophysical anomaly (magnetometer high). Tudor Gold has discovered this new thrust-hosted porphyry-style gold-copper-silver bearing system on trend, and approximately 4 km northeast from Seabridges’ Iron Cap Deposit, which is located at the southwestern boundary of the Tudor Claim block.
Furthermore, diamond drilling on the Goldstorm System has successfully expanded the mineralization to the northeast, southwest and southeast as well to depth. The Goldstorm System 300 Horizon has now been traced for 1100 meters along the northeast axis.
Goldstorm Drilling Highlights include:
- Five diamond drill holes are reported from Goldstorm, all having hit their intended targets with favorable results listed in Table l.
- The best intercept was from drill hole GS-20-73 on Section 110+00 NE that cut 775.5 metres (29.0m to 804.5 m) averaging 0.932 gpt AuEq containing an enriched portion that averaged 1.506 gpt AuEq over 229.5 meters (519.5m to 749.0 m). This was a southwest offset to drill hole GS-20-57 that averaged 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters) within an overall composite averaging 0.845 gpt AuEq over 973.05m (34.50 to 1007.55 meters). (GS-20-57 was collared on Section 110+00 but deviated drastically to the northeast and the lower portion plotted on Section 111+00 NE leaving a gap in the drill model which GS-20-73 has now filled).
- A second longer intercept from GS-20-73 includes material that averaged 0.828 gpt AuEq from a 949.5 meter intercept (29.0 to 978.5 meters) but the hole was abandoned at 980 meters due to safety concerns with the drill platform so hole GS-20-73 WAS STOPPED IN MINERALIZATION. However, the results from entire hole composites are extremely consistent between GS-20-57 (0.845 gpt AuEq over 973.05 meters) and GS-20-73 (0.827 gpt AuEq over 949.5 meters).
- Drill hole GS-20-73 is undercut by GS-20-65; a remarkable 348 meter intercept of 2.120 gpt AuEq within a larger 930 meter intercept of 1.161 gpt AuEq (Press Release July 27th, 2020), which is currently the best intercept on the project to-date.
- Tudor expanded the CS-600 Zone 100m to the southeast on Section 109+00 NE with a 75 meter intercept averaging 2.150 gpt AuEq in hole GS-20-66.
- GS-20-67 on Section 114+00 NE deviated drastically to the north thereby extending the length of the northeast axis of the 300 Horizon to 1100 meters. This hole also ended in mineralization with the last 15 meters (1325m to 1340m) averaging 0.905 gpt AuEq within a strong quartz stockwork zone similar to the DS-5 stockwork system found at the bottom of GS-19-47 (243 meters averaging 0.996 gpt AuEq).See Section 114+00 NE attached below.
- Notable increase to silver grades occurred within GS-20-73. A 78 meter intercept (534.5m to 612.5m) had elevated silver grades averaging 26.3 gpt Ag associated with 1.588 gpt gold.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “We are very pleased to have intersected significant gold-copper-silver porphyry-related mineralization within a large magnetic anomaly called Perfectstorm (PSZ). This magnetic anomaly is located along a relatively evenly spaced frequency of large deposits following the Treaty-Sulphuretes Thrust Fault, approximately mid-way between the Iron Cap Deposit to the southwest and our Goldstorm System to the northeast. Results obtained from PS-20-01 and PS-20-02 on Section 89+00 NE demonstrate the consistency within these two drill holes completed off the same drill pad. PS-20-01 intersected 0.594 gpt AuEq over 133.5 meters while PS-20-02 intersected 151 meters of 0.621 gpt AuEq. The third PSZ System drill hole was a 300 meter step-out to the southwest and this hole (PS-20-03) intersected 220.5 meters of 0.402 gpt AuEq on Section 86+00 NE. The results suggest that the system is open to expansion to the southwest and to the northwest. The exploration target area is at least 1.5 kilometers long and 500-800 meters wide. We are very excited to see the results confirming that large mineralized polymetallic systems occur at a predictable frequency along the Sulphuretes-Treaty Thrust Fault belt. We are planning an aggressive diamond drill-hole program for 2021 to further expand the limits of the PSZ System’s potential mineralization, searching for the center of the metal pile as we have successfully done with the Goldstorm System.â€
Read at:
https://tudor-gold.com/press-release-september-9-2020/
What do Gretzky, Silver, and Treaty Creek have to do with each other and why is it important?
August 31, 2020
This week Rick Rule and Doug Casey had an excellent 2 part interview on Kitco. It was both highly informative and entertaining. I suggest that everyone watch it after you listen to Eric Sprott so I’ve included the Kitco links below for you. In the interview Doug Casey suggests that we all try to follow the advice of Wayne Gretzky which is this “On the ice skating arena, most guys skate to the puck, and that’s a problem because there’s all these big mean guys swinging sticks….skate to where you think the puck is going to be opposed to where all these big means guys swinging sticks are”.
Who can argue with Gretzky given his track record? That’s exactly what Eric Sprott is doing with his investments. He closely follows the silver / gold ratio which is 17.5:1 in the ground. As you can see on the 10 year chart below the market ratio has had dramatic increases over the last decade, and industry experts are saying it is due to silver being more manipulated than gold. In April of this year it reached a peak of 114.77 (a 94 year high) and (for various reasons) is on its way back down.
Sprott has stated that all the data “is screaming” that the market silver / gold ratio will go down to a 15:1 ratio (for many reasons but one is that the silver / gold ratio in production is only 8:1 so there just isn’t enough silver out there to account for all the silver accounts on paper and people are starting to want delivery – a very wise decision). So like Gretzky, Sprott is looking at where the puck is going to be, or in this case where silver is going to be, and evaluating companies based on where they would be if a 15:1 ratio were to take place.
I thought he would start talking about the many high-grade projects out there but instead the very first example he had was Treaty Creek where the silver is just an afterthought! The first 12 minutes is spent discussing arguments for silver and then Eric explains why Treaty is the first one he mentions would benefit from a dropping silver / gold ratio (11:40 – 13:19).
Read more and get the links to interviews (may have to scroll down)at:
https://mailchi.mp/c322ef8abf2d/gretzky-silver-and-treaty-creek?e=6f11d69fd1
Take advantage of the short correction in gold and gold stocks - everything works very well in this world-class developer!
August 28, 2020
JS Research, out of Germany, is suggesting this is the perfect time to take advantage of the recent pullback in gold and leveraged gold exploration stocks; in particular the Treaty Creek play. JS Research put out an initial Report on Treaty Creek and our JV partner and operator Tudor Gold back in June 2020. In that report they suggested that Treaty Creek could have between 22.5 and 32.1 million ounces of gold equivalent. In July, their second report showed the potential for Treaty Creek to have more than 22.5 – 32.1 Million ounces of gold equivalent. Recently Tudor expanded the diamond drill program from 20,000m to 40,000m by utilizing six drills and extending the drill season. We only have the first two rounds of assays, and this season's drill results have already eclipsed the great results of 2019. The geophysics and geology suggest more of the same, so we anxiously await the results from the next round of drilling to see if the trend continues.
Read more, view map & table, and links to previous reports at:
https://mailchi.mp/c4c286e81bf9/analyst-opinion-rare-buying-entry-opportunity?e=6f11d69fd1
Why Have Treaty Creek Stocks Been Dropping?
Friday 08/21/20
In todays “Weekly Wrap UP” with Eric Sprott he was asked why Tudor (at its affiliates at Treaty Creek) have been drifting downward. Perhaps you may have been wondering the same question?
For some time now many “gold experts” have been saying that gold needs one last consolidation or pullback before it’s major push up to a wide variety of predictions, most being $3,000 per ounce or higher. Gold peaked on August 6th at $2,070 and as predicted has pulled back to a low of $1,920 on August 12, and is trading today around $1,938. This has had an effect across the board on mining stocks including Tudor, American Creek, and Teuton. We don’t know how deep or how long the pullback will be but the good news is that the same people who predicted golds move up and the recent pullback also predicted the launch to new highs coming off the pullback. This makes the current price for AMK stock a good opportunity.
Read more & link to the Sprott interview at:
https://mailchi.mp/cb586725db9a/sprotts-view-on-treaty-creek?e=6f11d69fd1
American Creek Begins High-Resolution Magnetic and Lidar Surveys at Past Producing Dunwell Mine Property in Golden Triangle of BC
Cardston, Alberta--(Newsfile Corp. - August 20, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that it has commenced a high-resolution magnetic survey in combination with a LIDAR survey at the company's 100% owned Dunwell Mine gold and silver property located in the Golden Triangle of British Columbia.
Genesis Aviation Inc. is currently completing a High- Resolution Gradient Magnetometer survey in conjunction with a Three-Dimensional LIDAR survey over the property. This type of magnetic survey is flown by a low altitude helicopter and offers Measured Horizontal and Vertical Gradient data. This makes a significant difference to the magnetic inversion that provides a model at depth. The LIDAR survey being collected over the whole property will allow the past, present and future geological and geophysical programs to be correlated with a much higher degree of accuracy than otherwise possible.
Read more at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=3917efa3db
American Creek Announces Significant Expansion of the D1-McBride Property in BC's Golden Triangle
Cardston, Alberta--(Newsfile Corp. - August 18, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that it has significantly expanded its D1-McBride property located in the northeast corner of British Columbia's Golden Triangle. The new claim block encompasses an area of approximately 2,600 hectares immediately adjacent to and surrounding the Corporation's original 34-hectare D1-McBride property. The Corporation holds a 100% interest in the property.
The D1-McBride property is located in the Liard Mining Division, about 64 km southeast of Dease Lake and 60 km northeast of the Red Chris mine (Imperial Metals / Newcrest Mining). This area of the Stikine Mountain Range has a history of placer gold and Jade mines. It is quickly becoming a hotbed of activity as companies are starting to recognize the potential it holds.
According to BC MINFILE No 104-093, the property is host to a galena and gold bearing quartz/calcite vein system. According to Assessment Report 35096, work on the property in 2014 included limited rock sampling of a vein subcrop from the Discovery Showing which returned high grade assays of 43.1 g/t gold, 240 g/t silver, 1.8% lead and 1.98% zinc and 13.1 g/t gold, 16 g/t silver, 2.32% lead and 3.02 zinc. Previous sampling of veins returned assays of 161.32 g/t gold, 1,110.9 g/t silver, 3.17% lead and 2.1% zinc across 10 centimeters and 115.89 g/t gold, 589.72 g/t silver, 12.3% lead and 11.04 oz/t zinc across 25 centimeters (Assessment Report 14004). The vein strikes 030 degrees with a vertical dip and has been traced, through prospecting and trenching, for 30 meters on surface. The overburden-covered lineament in which the vein occurs can be traced for 300 meters (MINFILE N0 104-093).
Read more at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=f6ea3dee0b
INSIGHTS FROM A SEASONED GOLD EXPERT
[[ Compliments of Kelvin Burton at American Creek ]]
I’ve noticed that a lot of gold pundits have been calling for “one last pull-back or correction before gold really takes off”. Is that what we saw today in the gold markets?
I subscribe to the Miles Franklin newsletter and today David Schectman shared his insights on this very topic. He also shared insights from a number of other experts in the field. David founded Miles Franklin, one the largest and most respected bullion dealers in North America.
Read at:
https://mailchi.mp/3a6a38528641/why-did-gold-just-drop?e=6f11d69fd1
The above link contains the link to David Schectman's article
Sector expert John Newell targets potential breakout for American Creek Stock
August 2, 2020
Sector Expert: John Newell
John Newell is a portfolio manager at Fieldhouse Capital Management and president and CEO of Golden Sky Minerals Corp. He has 38 years of experience in the investment industry acting as an officer, director, portfolio manager and investment advisor with some of the largest investment firms in Canada including Scotia McLeod, CIBC Wood Gundy and Richardson Greenshields (RBC Capital Markets). Newell is a specialist in precious metal equities and related commodities, and follows a disciplined proprietary approach incorporating equity research, analytical frameworks and risk controls to evaluate and select long and short stocks primarily from the Canadian small and mid-cap coverage. Many large, midcap and junior precious metal companies use his technical charts. Newell is a registered portfolio manager in Canada (advising representative).
On Friday July 31, 2020 American Creek closed at 38.5 cents; an 11 year high for the company. John follows and analyses companies through technical charts and has noted that that American Creek is quickly approaching a significant juncture in its stock price.
In the two charts below, you will see he has noted a potential breakout in AMK pricing once it crosses 40 cents and has subsequently posted “short term dart throw” targets of 44 and 54 cents.
[[ Additional analysis ]]
This chart indicates that American Creek is currently trading at a discount to the other companies and offers the most leverage of the three.
View charts, read more and a comparison of Tudor, American Creek and Teuton at:
https://mailchi.mp/21e37c1c5fe1/new-breakout-target-for-amk?e=6f11d69fd1
Note: Copy the table and paste it into Excel, zoom to 275 and take a screen shot. Not sure I follow the math of the comparison.
American Creek Investor Relations person Kelvin Burton discusses the 2020 Treaty Creek Assays
July 31, 2020
https://americancreek.com/index.php/projects/management-interviews-2/478-american-creek-investor-relations-person-kelvin-burton-discusses-the-2020-treaty-creek-assays
Treaty Creek: More Than 22.5 – 32.1 Million Ounces of Gold Eq?
July 29, 2020
That is what JS Research out of Germany is suggesting in their follow up to the Report on Treaty Creek they did in June 2020. We think that their research on the Goldstorm and our JV partner Tudor Gold does a good job showing the potential that lies before us including projections for size and value of the property. This year’s 20,000m drill program was recently doubled to 40,000 utilizing six drills and extending the drill season. We only have the first two rounds of assays and this seasons drill results have already eclipsed the great results of 2019. The geophysics and geology suggest more of the same so we’re looking forward to seeing if the trend continues throughout the year.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".
Market value soon to be $ 1 billion?
Breathtaking gold rally in full swing! With this precious metal pearl you benefit to the maximum! Because the sensational news flow and gold contents of an average of 1.161 g / t Gold Eq over 930 meters justify a reassessment !!!
Read more and view map & graphics and a link to an excellent video at:
https://mailchi.mp/979cf29f0335/new-report-on-treaty-creek?e=6f11d69fd1
News: $ACKRF American Creek's JV Partner Tudor Gold Drills Near-Surface Intercept at Treaty Creek Property Averaging 2.120 gpt AuEq over 348 Meters Within a 930 Meters Intercept Averaging 1.161 gpt AuEq in Hole GS-20-65
Cardston, Alberta--(Newsfile Corp. - July 27, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that its JV partner Tudor Gold Corp announced today that it has completed the second set of diamond drill holes at the JV flagship property, Treaty Creek l...
Got this from ACKRF - American Creek's JV Partner Tudor Gold Drills Near-Surface Intercept at Treaty Creek Property Averaging 2.120 gpt AuEq over 348 Meters Within a 930 Meters Intercept Averaging 1.161 gpt AuEq in Hole GS-20-65
American Creek's JV Partner Tudor Gold Drills Near-Surface Intercept at Treaty Creek Property Averaging 2.120 gpt AuEq over 348 Meters Within a 930 Meters Intercept Averaging 1.161 gpt AuEq in Hole GS-20-65
Step-out drilling further extends the goldstorm system by another 150m to the northeast with hole GS-20-64 intersecting 1.482 gpt AuEq over 154.5 meters within 550.55 meters intercept averaging 0.983 gpt AuEq.
Cardston, Alberta--(Newsfile Corp. - July 27, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that its JV partner Tudor Gold Corp announced today that it has completed the second set of diamond drill holes at the JV flagship property, Treaty Creek located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling is progressing very well on the Goldstorm Zone which is on-trend from Seabridges' KSM Project located five kilometers southwest of our Goldstorm System. As well, three more drills have been mobilized to the project. This brings the total to five diamond drill rigs working at Treaty Creek. A sixth diamond drill is expected to arrive shortly at Treaty Creek. Tudor Gold intends to double the diamond drill hole program from the original plan of 20,000 meters to at least 40,000 meters of drilling for 2020. Tudor Gold is fully funded to complete this aggressive drill hole program. The preliminary drilling this season has yet to delineate the limits of the Goldstorm system as it remains open in all directions and to depth. It will require all six drills to complete the drilling required for the completing the exploration program for the Goldstorm Au-Cu-Ag System.
Tudor Gold's Vice President of Project Development, Ken Konkin, P.Geo., states: "For the second time this month, we are very pleased to have bettered the results obtained earlier from GS-20-57 which has an enriched interval that averages 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters) within an overall composite average of 0.845 gpt AuEq over 973.05m (34.50 to 1077.55 meters). Hole GS-20-65 was designed as a 100-meter undercut to drill hole GS-20-57. The result was a remarkable 348 meter intercept of 2.120 gpt AuEq within a larger 930 meter intercept of 1.161 gpt AuEq in drill hole GS-20-65. More drilling will be required in this central region in order to better define these higher-grade metal plumes that we believe occur throughout the Goldstorm System. There were three results over 15.0 gpt Au that occurred within GS-20-65. These include: 19.7 gpt Au over 1.5m (145.5 to 147.0 meters), 22.5 gpt Au over 1.5m (310.5 to 312.0 meters) and 34.2 gpt Au over 1.0 meter (921.0 to 922.0 meters). The focus for the rest of this summer will be to complete the exploration drilling to the limits of the known mineralization along the north-eastern axis. We have begun drilling on Pad 8 which is a 150 meter north-easterly step out from hole GS-20-47, which was the best intercept generated in 2019 where we obtained an intercept of 0.697 gpt AuEq over 1081.5 meters. That hole stopped in mineralization as it was the limit of the drill's capacity. This year all six drills have modified heads to complete drill holes in excess of 1,800 meter depths. However, we anticipate that our longest holes for 2020 will be approximately 1,400 meters long."
Konkin adds, "One of the most impressive aspects of the Goldstorm System is the consistent strength of the mineralization. Drill hole GS-20-64 was a steep-angled 150m step-out hole drilled to the northeast beyond the trace of the DS-5 intercept. This exploration hole targeted the extension of a very robust stockwork system that was intersected at the bottom of drill hole GS-19-47, 0.996 gpt AuEq over 243 meters (933.5 to 1176.5 meters). The intercept ended in mineralization at 1199m. The same DS-5 zone was intersected in GS-20-64 that doubled the intercept length from 243 meters to over 550 meters averaging 0.983 gpt AuEq (648.4 to 1198.95 meters) which is extremely consistent with the results obtained in GS-19-47. An enriched, upper portion of the stockwork system yielded 1.482 gpt AuEq over 154.5 meters (771.5 to 926.0 meters). We are currently re-drilling drill hole GS-19-47 as the system may be much larger than originally thought given the results obtained from the 150m northeast step out hole GS-20-64. The target is to drill through the entire stockwork profile that was discovered in 2019."
The two tables below provide the complete list of drill hole results as well as the drill hole data including hole location, elevation, depth, dip and azimuth. The Section 110+00 NW and 115+50 NE are included at the bottom of the news release and on the Company's website. These sections show the new drill holes plotted on their respective sections.
Read more and view tables & map at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=06e43fcc42
TUDOR GOLD drills near-surface intercept at Treaty Creek property averaging 2.120 gpt AuEq over 348 meters within a 930 meters intercept averaging 1.161 gpt AuEq in hole gs-20-65;
Step-out drilling further extends the Goldstorm system by another 150m to the northeast with hole gs-20-64 intersecting 1.482 gpt AuEq over 154.5 meters within 550.55 meters intercept averaging 0.983 gpt AuEq
[[ Tudor Gold is our JV ]]
VANCOUVER, BC, July 27, 2020 – TUDOR GOLD Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or ” TUDOR GOLD”) is pleased to announce that it has completed the second set of diamond drill holes at their flagship property, Treaty Creek located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling is progressing very well on the Goldstorm Zone which is on-trend from Seabridges’ KSM Project located five kilometers southwest of our Goldstorm System. As well, three more drills have been mobilized to the project.
This brings the total to five diamond drill rigs working at Treaty Creek. A sixth diamond drill is expected to arrive shortly at Treaty Creek. Tudor Gold intends to double the diamond drill hole program from the original plan of 20,000 meters to at least 40,000 meters of drilling for 2020. Tudor Gold is fully funded to complete this aggressive drill hole program. The preliminary drilling this season has yet to delineate the limits of the Goldstorm system as it remains open in all directions and to depth. It will require all six drills to complete the drilling required for the completing the exploration program for the Goldstorm Au-Cu-Ag System.
TUDOR GOLD’s Vice President of Project Development, Ken Konkin, P.Geo., states: “For the second time this month, we are very pleased to have bettered the results obtained earlier from GS-20-57 which has an enriched interval that averages 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters) within an overall composite average of 0.845 gpt AuEq over 973.05 meters (34.50 to 1077.55 meters). Hole GS-20-65 was designed as a 100-meter undercut to drill hole GS-20-57. The result was a remarkable 348 meters intercept of 2.120 gpt AuEq within a larger 930 meter intercept of 1.161 gpt AuEq in drill hole GS-20-65. More drilling will be required in this central region in order to better define these higher-grade metal plumes that we believe occur throughout the Goldstorm System. There were three results over 15.0 gpt Au that occurred within GS-20-65. These include: 19.7 gpt Au over 1.5 meters (145.5 to 147.0 meters), 22.5 gpt Au over 1.5 meters (310.5 to 312.0 meters) and 34.2 gpt Au over 1.0 meters (921.0 to 922.0 meters). The focus for the rest of this summer will be to complete the exploration drilling to the limits of the known mineralization along the north-eastern axis. We have begun drilling on Pad 8 which is a 150 meter north-easterly step out from hole GS-20-47, which was the best intercept generated in 2019 where we obtained an intercept of 0.697 gpt AuEq over 1081.5 meters. That hole stopped in mineralization as it was the limit of the drill’s capacity. This year all six drills have modified heads to complete drill holes in excess of 1,800 meter depths. However, we anticipate that our longest holes for 2020 will be approximately 1,400 meters long.”
Read more at:
https://tudor-gold.com/press-release-july-27th-2020/
Short Video on the 2020 drill program at Treaty Creek
July 10, 2020
Tudor Gold (American Creek’s JV partner and operator at Treaty Creek) has released a short video explaining the objectives of the 2020 drill program. On July 9th, 2020 Tudor announced an increase from 20,000m to 35,000m of drilling and that a fourth drill has been brought in. The first round of assays were exceptional including an interval on hole GS-20-57 measuring almost 1km at just under a gram of gold equivalent (0.845 g/t AuEq)! That’s almost one gram over the height of five Shangri La towers (tallest building in Vancouver: 62 stories / 201m) stacked on top of each other! In other words, it’s equivalent to about a 300 story tower or roughly 2/3 of the highest peak (1498m) in the background of this image. Given the average gold mine in the world produces barely over 1 g/t gold, Goldstorm has a lot of gold at the right grade!
Read at:
https://mailchi.mp/3bbfe9678914/treaty-creek-drill-program-video?e=6f11d69fd1
Video [[ Very interesting and well done ]] at:
American Creek Reports 973 Meters Averaging 0.845 gpt AuEq From Hole GS-20-57, Including 1.40 gpt AuEq Over 217.5 Meters Making It the New Best Drill Intercept for the Treaty Creek Property In BC'S Golden Triangle
Cardston, Alberta--(Newsfile Corp. - July 9, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report that its JV partner Tudor Gold Corp announced today that it has completed the first set of diamond drill holes at their flagship property, Treaty Creek located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling is progressing very well on the Goldstorm Zone which is on-trend from Seabridges' KSM Project located five kilometers southwest of our Goldstorm system. Two additional drills have been mobilized to the project to bring the total to four diamond drill rigs. Tudor Gold intends to extend the diamond drill hole program up to possibly 35,000 meters from the original plan of 20,000 meters and is fully funded to do so. The initial drilling this season has yet to delineate the limits of the Goldstorm system as it remains open in all directions and to depth.
Tudor Gold's Vice President of Project Development, Ken Konkin, P.Geo., states: "The priority was to expand the Goldstorm System to the southeast and to the northeast, however drilling began in the central and southwest areas where grades were weaker within the overall system. The objective was to either expand the known area of mineralization or to define its limits. We were pleasantly surprised to see the strength of mineralization encountered in drill hole GS-20-57 which has an enriched interval that averages 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters). The entire intercept has a composite average of 0.845 gpt AuEq over 973.05m (34.50 to 1077.55 meters). We were confident that we could surpass our former best intercept of GS-19-47 with 0.697 gpt AuEq over 1081.5 meters, but we never thought we'd find such a wide extent of mineralization in the central-southwest portion of the system. As well, we attempted to expand the limits in the southeast part of the system where we had some elevated spikes in gold grades from our 2019 drilling. Two of our first five drill holes cut Visible Gold in holes GS-20-55 and GS-20-58 on Section 110+00 NE. The highest gold value was from GS-20-55 with 37.7 gpt Au and 44.8 gpt Ag over 1.0 meter (428.5 to 429.5 meters). The native gold occurrences both came from the CS-600 Zone which has an enriched portion that averages 1.34 gpt AuEq over 69.0 meters from 360.5 to 429.5 meters. The northeastern extension to Goldstorm is the main event of this program and we will begin drilling this area in mid-July."
Ken Konkin, P.Geo adds: "The current known length of the northeast axis of the Goldstorm System is over 850 meters long and the southeast axis is at least 600m across, and it remains open in all directions and to depth. Apart from GS-20-57, the strongest mineralization encountered to date is from the two consecutive 150m step-out holes drilled to the northeast in 2019: GS-19-42 yielded 0.849 g/t Au Eq over 780 m within the 300 Horizon including 1.275 g/t Au Eq over 370.5m, and GS-19-47 yielded 0.697 g/t Au Eq over 1,081.5m within the 300 Horizon including 0.867 g/t Au Eq over 301.5m. The exploration program will now be focused on expanding mineralization from these two exceptional step-out holes with three drills. We plan to continue stepping forward along the NE axis with yet another 150 meter step out hole, as well as fill-in drilling from the sites of GS-19-42 and GS-20-47. The geological model is evolving; it is apparent that there have been several pulses or phases of stronger gold, copper and silver mineralization that give the Goldstorm System its nebulous shape of interconnected disseminated and veinlet stockworks. It is clear that we also need to expand drilling to the southwest given the results obtained from GS-20-57. The plan includes drilling beneath the GS-20-57 intercept with hopes of expanding the excellent results obtained within this portion of the Goldstorm System."
Read more (including a table w/drill results) at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=5a738a70dc
Market Movers: Tudor Gold, Teuton Resources, & American Creek
In case you missed it, there was more exposure given to the Treaty Creek project yesterday when Brayden Maccke at www.thedeepdive.ca wrote about the project. He did a good job and we thought we’d share it with you.
The Deep Dive’s West Coast Office loves a good old fashioned BC Golden Triangle gold rush and, this summer, the market gods did not disappoint.
The venture-stage volume dials are indicating that the Treaty Creek property, having long been a promising prospect through various different owners, might have a future as a gold deposit. All three of its present owners have seen recent strong short term price movements on ample volume.
Tudor Gold (TSXV: TUD) is the corporate epicenter of this phenomenon. The project operator and 60% owner of Treaty Creek is under the care and guidance of CEO Walter Storm, whose bio leads with his role in having developed Quebec’s Malartic mine for Osisko Gold. Osisko generated consistent mining headlines in the late oughts and early 2010s through Malartic’s development stage and the company’s eventual buy-out in a white-knight-syndicate-led thwarting of a Goldcorp bid in 2015. Like any other true Canadian gold success story, Osisko’s name has since been repurposed as a gold royalty company (Osisko Gold Royalties (TSX:OR)), but the original Osisko built today’s largest open pit gold mine with a relentless attack on a large, middling grade system.
Tudor is an agressive company with an approach to the gold business that comes with an understanding of its unique dynamics. The early years of Osisko were marked by aggressive development and permitting that would eventually put the project in a position, post gold crash, in which it didn’t live and die with the gold price. It still mattered, but with a legitimate, bankable deposit on their books, the growth phase was over. The company didn’t need the price to stay up to raise operating cash. The gold price had become the variable determining how much it would get for the 10 million ounce deposit.
Read more (a much more extensive article) - with graphics - at:
https://mailchi.mp/49259d590237/market-movers-at-treaty-creek?e=6f11d69fd1
TUDOR GOLD DRILLS NEW BEST INTERCEPT FOR TREATY CREEK PROPERTY AVERAGING 0.845 gpt AuEq OVER 973 METERS FROM HOLE GS-20-57, INCLUDING 1.40 gpt AuEq OVER 217.5 METERS
[[ Our Joint Venture partner ]]
VANCOUVER, BC, July 9, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to announce that it has completed the first set of diamond drill holes at their flagship property, Treaty Creek located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling is progressing very well on the Goldstorm Zone which is on-trend from Seabridges’ KSM Project located five kilometers southwest of our Goldstorm system. Two additional drills have been mobilized to the project to bring the total to four diamond drill rigs. Tudor Gold intends to extend the diamond drill hole program up to possibly 35,000 meters from the original plan of 20,000 meters and is fully funded to do so. The initial drilling this season has yet to delineate the limits of the Goldstorm system as it remains open in all directions and to depth.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “The priority was to expand the Goldstorm System to the southeast and to the northeast, however drilling began in the central and southwest areas where grades were weaker within the overall system. The objective was to either expand the known area of mineralization or to define its limits. We were pleasantly surprised to see the strength of mineralization encountered in drill hole GS-20-57 which has an enriched interval that averages 1.40 gpt AuEq over 217.5 meters (544.5 to 762.0 meters). The entire intercept has a composite average of 0.845 gpt AuEq over 973.05m (34.50 to 1077.55 meters). We were confident that we could surpass our former best intercept of GS-19-47 with 0.697 gpt AuEq over 1081.5 meters, but we never thought we’d find such a wide extent of mineralization in the central-southwest portion of the system. As well, we attempted to expand the limits in the southeast part of the system where we had some elevated spikes in gold grades from our 2019 drilling. Two of our first five drill holes cut Visible Gold in holes GS-20-55 and GS-20-58 on Section 110+00 NE. The highest gold value was from GS-20-55 with 37.7 gpt Au and 44.8 gpt Ag over 1.0 meter (428.5 to 429.5 meters). The native gold occurrences both came from the CS-600 Zone which has an enriched portion that averages 1.34 gpt AuEq over 69.0 meters from 360.5 to 429.5 meters. The northeastern extension to Goldstorm is the main event of this program and we will begin drilling this area in mid-July.”
Ken Konkin, P.Geo adds: “The current known length of the northeast axis of the Goldstorm System is over 850 meters long and the southeast axis is at least 600m across, and it remains open in all directions and to depth. Apart from GS-20-57, the strongest mineralization encountered to date is from the two consecutive 150m step-out holes drilled to the northeast in 2019: GS-19-42 yielded 0.849 g/t Au Eq over 780 m within the 300 Horizon including 1.275 g/t Au Eq over 370.5m, and GS-19-47 yielded 0.697 g/t Au Eq over 1,081.5m within the 300 Horizon including 0.867 g/t Au Eq over 301.5m. The exploration program will now be focused on expanding mineralization from these two exceptional step-out holes with three drills. We plan to continue stepping forward along the NE axis with yet another 150 meter step out hole, as well as fill-in drilling from the sites of GS-19-42 and GS-20-47. The geological model is evolving; it is apparent that there have been several pulses or phases of stronger gold, copper and silver mineralization that give the Goldstorm System its nebulous shape of interconnected disseminated and veinlet stockworks. It is clear that we also need to expand drilling to the southwest given the results obtained from GS-20-57. The plan includes drilling beneath the GS-20-57 intercept with hopes of expanding the excellent results obtained within this portion of the Goldstorm System.”
Given the excellent results obtained from the initial nine drill holes, we are very excited with the potential that lies ahead when we start drilling the priority northeastern portion of the Goldstorm target. Our commitment remains strong to publish a resource estimate at the end of this year. We will do what it takes to accomplish this, we have the necessary funds and an extremely competent technical team to achieve our goals. We have taken, and continue to take, precautions to maintain a healthy and COVID-19 free working environment.
The following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.
[[ Note the price of Au is at US$ 1322/ozt ]]
Read more at:
https://tudor-gold.com/press-release-july-9-2020/
The Perfect Structural Storm on Treaty Creek
July 2, 2020
[[ Unfortunately this isn't up yet on the website. The email that I got has a number of good graphics. call Kelvin Burton @ (403) 752-4040 and request a link ]]
The Perfect Structural Storm (PS2) is another potential mega deposit on Treaty Creek. It’s not just a great name for a deposit, it really is the perfect structural storm. In fact, last summer (2019) I was on Treaty Creek and Ken Konkin (V.P. Project Development for our JV partner Tudor Gold) was using that phrase when describing the geology of that area of Treaty Creek. In this case the geological description happened to make a great name as well.
Konkin, who was responsible for the development of the Brucejack Mine (Pretium Resources) just a few kilometers south of Treaty Creek, is an expert in both large scale systems and geology in the Golden Triangle. He has often spoken of the importance of the “frequency for occurrence”, “frequency for distribution”, and “structural traps” of world class hydrothermal systems that create a predictable “rhythm”.
He’s stated that the Sulphurets Hydrothermal System (SHS) is a perfect example and refers to its many deposits as a “string of pearls……just really big pearls!” Below is an image showing existing and potential “pearls” in this system.
Please click on the image to make it larger.
(this image does not show all the deposits or the Brucejack mine)
The Kerr, Sulphurets, Mitchell, and Iron Cap deposits are part of the KSM system owned by Seabridge Gold. These deposits constitute the largest undeveloped gold deposit in the world by reserves; containing proven-probable reserves of some 38.8 million ounces of gold, 183 million ounces of silver, 10.2 billion pounds of copper and 207 million pounds of molybdenum. The Treaty Creek mineral claims boundary is just above the Iron Cap deposit in these images. The Goldstorm (GS) is currently being developed, the PS2 is the subject of this document and the GS2 is another potential deposit to be discussed later.
Please click on the image to make it larger
The image above is rotated to NNW
This string of pearls is within the SHS and share:
The same bedrock geology (Hazelton volcanic formation)
The Sulphurets Thrust Fault (STF) which is responsible for the known deposits
The Kyba “Line of Discovery” where most major deposits in the Golden Triangle have been located
Magnetotelluric (MT) and Magnetic (mag) geophysical anomalies that have aided in the discovery and development of most of the SHS known reserves & resources
A rhythm of major deposits approximately every 2.5km running SW to NE
Enter the Perfect Structural Storm
About 2.5km north of Iron Cap and 2.5km south of Goldstorm is the PS2; right where it should be based on the rhythm of the SHS. As noted above it has the right bedrock geology, is located along the STF and Kyba Line, and has massive MT and Mag anomalies associated with it. There are also a number of mineralized surface expressions on it including the SW, AW, and NW zones with the Konkin zone just to the north of it.
Geophysics don’t indicate exactly what’s in the ground, but the MT survey has been incredibly valuable in the discovery of deposits within the SHS. A combination of a MT and a mag anomaly is also a good (but not necessary) indicator of mineralization.
Below is a west looking image showing the MT survey on Treaty Creek. The lines in the background are 1km square. The yellow area indicates rock with the impedance that appears to carry mineralization. Usually an “anomaly” is the exception to the background, but in this case it’s so big that it IS the (yellow) background. The MT survey shows potential for mineralization for over 7km extending north from the claim boundary with the KSM!
Goldstorm is directly under the “Goldstorm” label in the image below (850m long) and shows the three most northly drill holes. The yellow sections are the enriched rock but the lighter red areas still contain mineralization. The 300 zone can be seen as the yellow enriched area close to surface which is believed to carry about 1 g/t gold down about 300m. The deepest hole to date is just under 1,200m but as you can see it appears that the system could go kilometers deep.
PS2 is also shown south (left) of the Goldstorm and indicates a massive area with the right impedance.
Please click on the image to make it larger
The image below shows the string of pearls with the KSM on the left and Treaty Creek on the right. The colours on the KSM indicate grade while the red colour on Treaty indicates a mag anomaly. The MT anomaly (yellow enriched area) is indicated with a yellow dotted line. This to-scale image shows how massive the PS2 mag anomaly overlapping the MT anomaly is.
Please click on the image to make it larger
In Tudor’s June 22nd press release they state:
“…we will be drill testing the Perfect Structural Storm (PS2), a new geophysical and geological target located mid-way between our Goldstorm system and Seabridge's Iron Cap deposit. The first holes at PS2 will be located within a cluster of surface samples that have returned anomalous gold values."
No deep drill holes have been done on this area of Treaty Creek before. We are excited about Tudor drilling this area in the near future. Based on the geology and geophysics Konkin was correct in naming this new area the Perfect Structural Storm! Perhaps it may become the newest “pearl…just a really big pearl” in this world class geological system.
Kelvin Burton
about 90 for AMK.V
TUDOR GOLD INTESIFIES EXPLORATION EFFORTS AND BRINGS IN A THIRD DIAMOND DRILL RIG FOR TREATY CREEK
[[ Tudor Gold is American Creek's JV ]]
Vancouver, BC, Canada – June 22, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company†or “Tudor Goldâ€) is pleased to announce that it has added a third diamond drill rig to the 2020 program as Tudor Gold intensifies it’s exploration efforts at its flagship property, Treaty Creek located in the Golden Triangle of Northwestern British Columbia. Diamond drilling started on the Goldstorm Zone with two drill rigs in May.
Tudor Gold Corp’s V.P. Project Development, Ken Konkin, P.Geo. states: “The drilling has gone very well to-date given the early start in May. Both drill rigs are working extremely well as we outline the peripheral edges of the Goldstorm mineralization. We recognize that in order to achieve the goals of having our preliminary drill measured and drill indicated resource estimate completed for year-end, we need to accelerate our drilling production. The Goldstorm system is proving to be very large, as we have currently delineated 850m along the northeastern axis and 600 meters along the southeastern axis and just over 1080 meters at it’s deepest point. Depending on the depths and widths of mineralization encountered, we may require more than three drills to complete this task. Furthermore, we will be drill testing the Perfect Structural Storm (PS2), a new geophysical and geological target located mid-way between our Goldstorm system and Seabridge’s Iron Cap deposit. The first holes at PS2 will be located within a cluster of surface samples that have returned anomalous gold values.â€
Read more of the June 22 PR (when posted) at:
https://tudor-gold.com/news-press/
22.5 - 32.1 Million Ounces of Gold Eq?
That is what JS Research out of Germany is suggesting the current volume of the Goldstorm deposit at Treaty Creek to be, before it’s dramatically expanded this year. We think that their research on the Goldstorm and our JV partner Tudor Gold does a good job showing the potential that lies before us including projections for size, value, and ultimately share prices, so be sure to scroll through the report. This year’s 20,000+ meter diamond drill program is well underway with some holes already sent to the assay labs. Every hole for the last couple of years has hit wide intervals of mineralization. The geophysics and geology suggest more of the same so we’re looking forward to seeing if the trend continues this year as well.
The Treaty Creek Project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. American Creek and Teuton are both fully carried until such time as a Production Notice is issued, at which time they are required to contribute their respective 20% share of development costs. Until such time, Tudor is required to fund all exploration and development costs while both American Creek and Teuton have "free rides".
Tudor Gold Starts Powerful Drill Program With 22.5 To 32.1 Million Ounces Of Gold Eq Target ++ Billionaire Eric Sprott Invests Another CAD 2.9 Million!
June 3rd, 2020
The exploration pearl Tudor Gold Corp. (Ticker Canada: TUD, WKN: A2AJ7Y) we presented you several times last year. Many of our readers can already look forward to exceptional price gains in their securities accounts, as the share has exploded from CAD 0.24 in 2019 to CAD 1.07 in the meantime! A gain of 345%. But that's not all - we are convinced that Tudor Gold still has very high price potential.
Smart investors are now positioning themselves again at the perfect time - why? We have examined the latest company reports in more detail for you and summarized our assessment:
Read [[ a lot ]] more:
https://mailchi.mp/737295417779/225-321-million-ounces-of-gold-eq?e=6f11d69fd1
TUDOR GOLD ANNOUNCES AGREEMENT WITH AMERICAN CREEK TO PURCHASE REMAINING INTEREST IN ELECTRUM CLAIMS
VANCOUVER, BC, May 12, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold“) is pleased to announce that it has entered into a definitive agreement (the “Property Purchase Agreement“) with American Creek Resources Ltd. (“American Creek“) to purchase the remaining 40% legal and beneficial right, title and interest in and to certain properties and mineral rights known as the “Electrum Claims” in the Skeena Mining Division, located in British Columbia (the “Remaining Interest“) for: (i) the issuance of 1,400,000 common shares of the Company (the “Payment Shares”), subject to an 8-month contractual escrow period; and (ii) $250,000 in cash, each issuable or payable at the time of closing (the “Proposed Transaction“).
The Company currently holds a 60% interest in the Electrum Claims and the Company and American Creek are party to a joint venture agreement, dated May 10, 2016, which will be terminated with closing of the Proposed Transaction.
The Proposed Transaction is subject to the approval of the TSX Venture Exchange.
The property comprises 8 claims totaling 650 acres, of which six claims are subject to a 2% net smelter royalty (“NSR”) which can be purchased at any time for $1,000,000.
Read more on Tudor's website at:
https://tudor-gold.com/press-release-may-12-2020/
Read on American Creek's website at:
https://www.americancreek.com/index.php/news/news-2020/462-
TUDOR GOLD INITIATES DIAMOND DRILLING AT THEIR FLAGSHIP TREATY CREEK AU-CU-AG PROJECT
[[ American Creek is a 20% joint venture partner ]]
VANCOUVER, BC, May 11, 2020 - Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the "Company" or "Tudor Gold") is pleased to announce that it has begun this season’s diamond drill hole program at its flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia. Diamond drilling has begun with two drill rigs on the Goldstorm Zone which is on-trend from Seabridges’ KMS Project located just five kilometers to the southwest. These first two drills have begun drilling the initial holes of the 20,000 meter, exploration program.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “We are very proud of the hard work and dedication that our crews exhibited during the weeks prior to the start of drilling. Due to their diligence in preparing the camp we have been able to start our drill program a month earlier than last year’s program. The priority is to continue to expand the Goldstorm System to the southeast and to the northeast.
The current known length of the northeast axis of the Goldstorm System is over 850 meters, and the southeast axis is at least 600 m; the system remains open in both dimensions, as well as to depth. The strongest mineralization encountered to date is from two consecutive 150m step-out holes at the northeast end of the drill grid: GS-19-42 yielded 0.849 g/t Au Eq over 780 m with the 300 Horizon averaging 1.275 g/t Au Eq over 370.5m and GS-19-47 yielded 0.697 g/t Au Eq over 1,081.5m with the 300 Horizon averaging 0.867 g/t Au Eq over 301.5m. Our program will be focussed on expanding the mineralized area from these two very encouraging step-out holes. Furthermore, we plan to continue advancing along the NE axis with yet another 150 meter step out hole. The best results from the southeast dimension came from GS-19-52 which yielded 0.783 g/t Au Eq over 601.5m with 1.062 g/t Au Eq over 336.0m within the 300 Horizon. “
(The above results were from the company’s news release dated March 3rd, 2020,, in which the following metal prices were used to calculate the Au Eq metal content: Gold $1322/oz, Ag: $15.91/oz, Cu: $2.86/lb. Calculations used the formula Au Eq g/t = (Au g/t) + (Ag g/t x 0.012) + (Cu% x 1.4835). All metals are reported in USD and calculations do not consider metal recoveries. True widths have not been determined as the mineralized body remains open in all directions. Further drilling is required to determine the mineralized body orientation and true widths.)
Tudor Gold and its associated service companies have taken extreme measures to maintain the highest professional standards while working under COVID-19 health and safety protocols. Only essential personnel are permitted to enter the camp and staging areas. An on-site certified paramedic conducts strict daily monitoring of temperatures and general health conditions of personnel and service providers who are working at the project site and the staging area.
Walter Storm, President and CEO, stated: “I am very pleased with the safe start-up of the 2020 exploration program thanks to the hard work and dedication of our crews. The Company’s intent is to advance the Treaty Creek Project with full recognition and confidence in the recommended COVID-19 safety protocols. The goal for this year is to complete enough drilling that we can begin to delineate a first resource estimation at Treaty Creek.â€
Treaty Creek information
TUDOR GOLD ANNOUNCES METALLURGICAL TEST WORK AND PRELIMINARY BASELINE STUDIES FOR TREATY CREEK
VANCOUVER, BC, April 22, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to announce initiation of metallurgical studies for the Company’s flagship project, Treaty Creek, located in the Golden Triangle of north-west British Columbia. This study will focus on the mineral characteristics and the prospects of developing Treaty Creek as a bulk tonnage mining target using conventional processing techniques. The test work will be conducted on material selected from the extensive continuously mineralized drill core intervals encountered in the 2019 exploration program. The metallurgical test results will be used as part of the initial economic assessment for the project.
The metallurgical study will be managed under the direction of Frank Wright, P.Eng., of F. Wright Consulting Inc, of Delta BC. The related laboratory test program will be conducted at Bureau Veritas Minerals – Metallurgical Division of Richmond, BC (BV). BV is a globally recognized and certified testing facility with customers ranging from small independent operators to large multi-national mining firms and consultants. Mr. Wright has over 30 years of experience consisting of both operations and consulting in the fields of mineral processing and hydrometallurgy. His career has included the last 20 years as a qualified independent professional engineer managing process advancement for projects worldwide, although primarily focused in BC. His work includes oversight of test programs leading to the selected process flowsheet and design criteria, related technical reporting, supervision of detailed engineering, and assisting in project commissioning.
Read more at:
https://tudor-gold.com/press-release-22th-april-2020/
Covid 19 and Market Conditions Q&A
April 16, 2020
Q: Has Covid 19 affected the ability of the office to keep running and will it affect the company’s ability to run programs this year?
A: The Canadian Minister of Public Safety and Emergency Preparedness has deemed exploration and mining essential services during the current COVID-19 outbreak. This specifically includes mineral exploration and development. At the same time, explorers, miners and those in related businesses need to be in compliance with local regulations with regard to health and safety practices in order to protect workers and others from the COVID-19 virus.
Both American Creek and its JV Partner Tudor Gold are following these guidelines and fully expect to carry on operations in the office and in the field.
Read more Q&A at:
https://americancreek.com/index.php/covid-19-and-market-conditions-q-a
TUDOR GOLD IS FULLY FUNDED FOR THE 2020 EXPLORATION SEASON AT ITS FLAGSHIP PROJECT TREATY CREEK
[[ American Creek is a 20% joint venture partner in Treaty Creek ]]
VANCOUVER, BC, March 24, 2020 – Tudor Gold Corp. (TSXV: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to announce that the company has sufficient funds to execute a significantly larger drilling and exploration program, than the 2019 program, on the Goldstorm Zone at Treaty Creek project this year. With the capital raised in December 2019, as well as the recent warrants exercises, the Company has a good cash position to execute a fully funded and very ambitious drill program at Treaty Creek this year. The company is currently in the final stages of finalizing all preparations needed for the upcoming 2020 drill program at Treaty Creek.
Tudor Gold’s Vice President of Project Development, Ken Konkin, P.Geo., states: “The Goldstorm system is currently open at depth and along the northeast axis of the mineralized body. The drill program is designed to extend and to explore the limits of Goldstrom system to the southeast as well as to the northeast and to depth. We anticipate drilling approximately 18,000 to 20,000 metres of HQ and NQ diameter core from 7-10 drill platforms with four diamond drill rigs. Compared to the drill program last year (14 diamond drill holes over 9,781.8 meters), the planned 2020 drill program will be much larger.”
Read more at:
https://tudor-gold.com/press-release-24th-march-2020/
American Creek Drills Multiple High-Grade Polymetallic Zones Including 3.6m of 19.4 G/t AuEq at Dunwell Project in B.C.'s Golden Triangle
Cardston, Alberta--(Newsfile Corp. - February 27, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to report the assays from phase 1 drilling from the 2019 fall drill program that was conducted at the company's 100% owned Dunwell Mine property located in the Golden Triangle of British Columbia.
The Dunwell Mine is a high-grade past producing polymetallic mine located just 8km by road from the shipping town of Stewart. This property boasts exceptional logistics and a rich mining history with significant potential for future development. A significant geological feature running through the property is the Portland Canal Fissure Zone. With the recent acquisition of the Glacier Creek claims American Creek now controls 5km of the 6.5km Portland Canal Fissure Zone which contains numerous high-grade polymetallic mineral occurrences including two past producing mines (the Dunwell and Portland Canal). Very little modern exploration has been done on the property. While there is huge potential exploring along the extended reaches of the fissure zone, the initial drill program was designed to test areas near the workings of the Dunwell mine itself.
Read more at:
https://www.americancreek.com/index.php/news/news-2020/454-american-creek-drills-multiple-high-grade-polymetallic-zones-including-3-6m-of-19-4-g-t-aueq-at-dunwell-project-in-b-c-s-golden-triangle
American Creek Completes Acquisition of Glacier Creek Claims
Cardston, Alberta--(Newsfile Corp. - February 19, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that further to its news release of January 20, 2020 it has now completed the acquisition of precious and base mineral undersurface rights relating to 45 Crown Grant claims commonly referred to as the "Glacier Creek Claims" located in the Stewart area, British Columbia, from a subsidiary of Strikepoint Gold Inc. (TSXV: SKP) ("Strikepoint"). In consideration for the Glacier Creek Claims, the Company paid Strikepoint $50,000, issued 3,000,000 common shares to Strikepoint, and granted Strikepoint a 0.5% NSR royalty over the Glacier Creek Claims, which NSR royalty may be purchased by the Company at any time for $500,000 cash. The shares issued in relation to this transaction are subject to a hold period expiring June 19, 2020, in accordance with applicable securities laws and the policies of the TSX Venture Exchange.
The Glacier Creek Crown Grant claim package consists of claims that overlap a portion of the Company's present Dunwell property as well as extending beyond the current Dunwell property boundaries. The net effect being a significant expansion of the Dunwell project and associated mineral rights.
Read more at:
https://www.americancreek.com/index.php/news/news-2020/45
American Creek Announces Acquisition of Glacier Creek Claims
Cardston, Alberta--(Newsfile Corp. - January 20, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") is pleased to announce that it has entered into a property purchase agreement pursuant to which it will acquire the precious and base mineral undersurface rights relating to 45 Crown Grant claims commonly referred to as the "Glacier Creek Claims" located in the Stewart area, British Columbia, from a subsidiary of Strikepoint Gold Inc. (TSXV:SKP)("Strikepoint").
The Glacier Creek Crown Grant claim package consists of claims that overlap a portion of the Company's present Dunwell property as well as extending beyond the current Dunwell property boundaries. The net effect being a significant expansion of the Dunwell project and associated mineral rights.
Darren Blaney, President & CEO of the Company stated: "We are very pleased to be able to acquire this package of Crown Grants as it makes sense to amalgamate the claims into one property. This acquisition expands our Dunwell property considerably and provides for increased exploration potential as work is done in the immediate area hosting the historic Dunwell Mine as well as in the surrounding region. We believe that the Dunwell Mine and the multiple bonanza grade gold and silver showings within several kilometers of the mine are all related geologically and are part of a large underlying system".
Read more at:
https://www.americancreek.com/index.php/news/news-2020/449-
American Creek Recognises 2019 as a Major Turning Point; Looks Forward to Major Developments in 2020
Cardston, Alberta--(Newsfile Corp. - January 7, 2020) - American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) ("American Creek") ("the Corporation") is pleased to report that 2019 was a pivotal year for the company which is now positioned to take full advantage of the precious metals bull run that many experts believe we are only in the early stages of, even though gold hit a 7 year high of $1,580 this week. Looking back, on the first day of trading in 2019 AMK closed at $0.03 and on the last day of trading in 2019 AMK closed at $0.09 representing a significant annual increase. Management envisions positive developments to continue in 2020 through the geological advancements of its properties including the potential for a world class resource on the Treaty Creek JV project located in the "Golden Triangle" of Northwestern British Columbia.
Darren Blaney, CEO of American Creek stated: "This past year was a significant turning point for the company and will be the catalyst for more exciting developments in 2020. The company has strengthened its position both financially and strategically and is poised to benefit from not only a strengthening gold and silver market but also from the investment community becoming more aware of the company's projects and potential. The Treaty Creek project will be advancing in a major way and several of our other projects including the Dunwell and Gold Hill will also be the focus of attention this year. We very much look forward to 2020 and wish all of our shareholders the very best this upcoming year!"
Read more at:
American Creek Congratulates Treaty Creek JV Partner Tudor Gold on Receiving a Further $2,900,000 in Exploration Funding from Eric Sprott
Cardston, Alberta--(Newsfile Corp. - December 31, 2019) - American Creek Resources Ltd. (TSXV: AMK) (OTC Pink: ACKRF) ("American Creek") ("the Corporation") is pleased to report that Canadian billionaire Eric Sprott has invested an additional $2,900,000 in our JV partner Tudor Gold for the upcoming 2020 drill program on Treaty Creek, located in the "Golden Triangle" of Northwestern British Columbia.
The 2019 drilling at Treaty Creek was very successful and produced some of the most significant gold intercepts in the exploration industry. The focus has been on the gold enriched Goldstorm Zone which is on trend with Seabridge Gold's Iron Cap Zone located approximately five kilometers to the southwest. Drilling was designed to define a gold deposit with the potential of being open pit mined.
Read More at:
https://www.americancreek.com/index.php/news/news-2019/445-
American Creek Reports Signifcant Drill Results Including 2 g/t Gold over 87 Meters Within a Near-Surface Intercept of 1 g/t Gold over 336 Meters and 0.7 g/t over 826.5 Meters at Treaty Creek in the Golden Triangle
Cardston, Alberta--(Newsfile Corp. - October 28, 2019) - American Creek Resources Ltd. (TSXV: AMK) (OTCBB: ACKRF) (the "Company" or "American Creek") is pleased to announce additional significant drill results from the Goldstorm Zone at the Treaty Creek JV Project. The results from the most recent 5 holes confirm that all 23 holes drilled in the last two years have intersected significant mineralization and dramatically increased the size of the Goldstorm deposit, leading strategic investor Eric Sprott to again re-emphasize the potential of the project in last Friday's podcast where he stated that he is "hoping they can prove up a 20-million-ounce deposit". The results of the latest 5 holes are reported below.
Darren Blaney, American Creek's CEO, stated: "Having Ken Konkin, the geologist credited for the discovery and development of Pretium's neighbouring Brucejack Mine head the exploration program this year has been a tremendous success. His knowledge, experience, and past success in this same hydrothermal system is advancing the Goldstorm zone to potentially becoming a world-class deposit with far better logistics than the neighbouring KSM deposits.
As Tudor Gold CEO Walter Storm correctly pointed out, the Goldstorm "is open in all directions" which correlates with and is confirmed by the geophysics conducted on the property. The Goldstorm now has the attention of several major industry players and we expect that future results will continue to impress as we further define this potential world-class deposit."
SUMMARIZING THE 2019 PROGRAM
The Company's JV partner, Tudor Gold's 2019 exploration program at the Goldstorm Zone on Treaty Creek totalled 9,781.8 meters with 14 diamond drill holes. This year's drilling program generated the best near-surface results attained to date on the project. Specifically, in addition to several hundred meters extension along strike to the northeast, the 2019 program significantly expanded the mineralized limits to the southeast, where one of the best near-surface intervals averaged 2 g/t Au over 87m, within 336 m averaging 1 g/t Au in hole GS19-52.
read more at:
https://www.americancreek.com/index.php/news/news-2019/437-
American Creek Reports New Findings Regarding Gold Hill Project and Previously Reported Assay Results for First Four Phase One Drill Holes
Cardston, Alberta--(Newsfile Corp. - October 23, 2019) - American Creek Resources Ltd. (TSXV: AMK) ("American Creek") reports that further work is being conducted related to the drill core from the phase one drill program conducted in 2018 on its 100% owned Gold Hill property located in the Boulder Creek drainage, a tributary of the Wildhorse River located east of Fort Steele, British Columbia.
The preliminary program included four diamond drill holes on two sections totaling 2,087 meters of drilling. Nine hundred and twenty-nine (929) drill core samples were analyzed and assay results were reported on March 15, 2019. While management was pleased and very encouraged by the results as there were multiple gold intersections in all 4 preliminary drill holes, it was suspected that the initial assay results did not accurately reflect the amount of gold within the core and may have in fact missed much of the gold due to "nugget effect" and the coarse nature of the gold.
Re-logging of the drill core has now been concluded and this effort, along with further recent prospecting on the property, has confirmed that much of the gold within several drill core intersections was in fact not reflected in the initial assay results. During re-logging of the core visible gold was discovered in quartz veins in at least four new locations where assays indicated only trace or very low grade gold values.
As a first step, several samples have been selected for re-assay which will include screening for metallics in an effort to mitigate against and eliminate the "nugget effect" and get a more accurate assay as to actual gold present. Additional assay results, findings and conclusions will be reported in due course.
Read more at:
https://www.americancreek.com/index.php/news/news-2019/436-
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