Monday, October 28, 2019 11:57:00 AM
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-
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