British Columbia's "Golden Triangle" Update
British Columbia's "Golden Triangle" is continuing to develop into one of the world's premier districts for mineral deposits. The excitement over this area was evident at this years' Mineral Exploration Roundup Conference in Vancouver. The development of this area is not only seen as a critical element in B.C.'s mining economy, but could significantly affect Canada's entire mining industry.
There are many world-class projects in this area that range from early exploration to feasibility stage. The continued development of the Golden Triangle is of interest to American Creek given the location of its two flagship properties in northwest British Columbia.
The Electrum property has a rich history with some of the highest grade ore mined in North America combined with excellent logistics.
The Treaty Creek property is not only adjacent to Seabridge�s KSM deposits, but appears to form part of the same highly mineralized belt. In 2009, a 9,500 metre drill program confirmed gold-porphyry style mineralization on the Copper Belle Zone and VMS style mineralization on the GR2 Zone.
Golden Triangle Updates
April 6, 2010 - Castle Resources signs LOI to Option the historic Granduc copper mine in Stewart, B.C
To read the press release please click here.
April 3, 2010 - Analyst Matt Badiali reports on the "Golden Triangle"
To read the report please click here.
March 31, 2010 - Seabridge Gold Announces the Completion of its Pre-feasibility Study.
"The study reports reserves of 30.2 million ounces of gold, 7.0 billion pounds of copper, 133 million ounces of silver and 210 million pounds of molybdenum. Base case life of mine cash operating costs estimated at $144 per ounce of gold produced (net of base metal credits)."
To read the press release please click here
To read the KSM Pre-feasibility Summary please click here
March 25, 2010 - Northwest Power Line Coalition Releases Online Video
The Northwest Power Line Coalition released a short video online to help educate and inform people about the possibilities and benefits of the construction of a transmission line up Highway 37 in British Columbia's northwest.
To watch the video please click here.
www.highway37.com
American Creek is excited about the many developments in the Golden Triangle, and is looking forward to the advancement of the Electrum and Treaty Creek properties.
For further information please contact Kelvin Burton. Phone: 403 752-4040, Fax: 403 752-4020, or Email: kburton@americancreek.com. Information relating to the Corporation is available on its website at www.americancreek.com.
American Creek has not confirmed and does not accept responsibility for the accuracy of 3rd party claims in press releases, reports, or videos.
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