| AMERICAN CREEK REPORTS THAT TUDOR GOLD CORP. HAS COMMENCED DRILLING ON THE ELECTRUM PROPERTY | |
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June 22, 2016 TSX-V: AMK
American Creek Resources Ltd. (TSX-V:AMK) ('American Creek') is pleased to report that its JV partner, Tudor Gold Corp. (TSX-V: TUD) ('Tudor') has commenced the 2016 exploration program on the Electrum Property in the 'Golden Triangle' area of NW British Columbia 45km north of Stewart.
American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a 60% interest and American Creek holding a 40% interest in the project. Tudor is the operator.
Past work on the property resulted in the discovery of extremely high grade gold, silver and electrum veins on surface and at depth (see American Creek website for details).
The Electrum Project (includes historic East Gold Mine) is located approximately 25km south of Pretivm's Brucejack Gold Mine, near past operating mines including the Riverside, Scotty Gold, Granduc, Big Missouri and Silbak-Premier. The Electrum is road accessible and is only 45km from world class concentrate shipping port facilities located in Stewart. Also, a new power line running up the valley beside the Electrum property is now being constructed by Pretivm Resources.
American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.
For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected] Information relating to the Corporation is available on its website at www.americancreek.com
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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American Creek Resources Ltd
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EXPLORATION STAGE |
CODE : AMK.V |
ISIN : CA0252881010 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
American Creek is a silver and gold exploration company based in Canada. American Creek holds various exploration projects in Canada. Its main exploration properties are ELECTRUM, TIDE, IRONMIST and TREATY CREEK in Canada. American Creek is listed in Canada. Its market capitalisation is CA$ 79.2 millions as of today (US$ 58.4 millions, € 52.5 millions). Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.61, and its lowest recent point on May 31, 2019 at CA$ 0.03. American Creek has 229 530 000 shares outstanding. |