American Creek: Latest Treaty Creek Assays Prove Un-Paralleled Economic Potential of Gold Deposit

AGORACOM Small Cap CEO Interviews - A podcast by AGORACOM

Categories:

If you haven't heard about American Creek's involvement in the  massive gold discovery at The Treaty Creek Project in BC's Golden  Triangle, this quote from JV operator Tudor Gold's Vice President of  Exploration and Project Development, Ken Konkin, P.Geo says everything  you need to know: "This system has proven to be much larger than we previously expected  and, combined with our recent discoveries at Perfect Storm, Eureka and  Calm Before the Storm, gives this Project un-paralleled economic  potential as one of the largest gold projects in the world. "Largest Gold Projects in the world". Let that sink in. These intercepts demonstrate the true world class nature of the  Goldstorm deposit, a deposit that is still growing and open in all  directions: 0.97 G/T Gold EQ Over 1,320M, Including 1.38 G/T Gold Eq Over 556.5m, Ending In Mineralizatition 4.07 g/t AuEq over 78.0 m, within 459.0 m of 1.30 g/t AuEq 1.38 g/t AuEq (including 0.49%Cu and 6.27 g/t Ag) over 556.5 m, and  contains higher grade mineralization averaging 2.34 g/t AuEq (including  0.71 % Cu and 17.64 g/t Ag) over the last 57.0 m of the hole. The  drillers had to abandon the hole at 1,575.0 m, as the drill was at its  maximum limit. Results like these are exceedingly rare in a world that is starved for major discoveries. To date, the Treaty Creek project now has 4 areas of merit that  require follow up drilling in 2022, each with their own potential to  compete with the enormous potential being demonstrated at Goldstorm. The Treaty Creek project is in the Golden Triangle on one of the  largest hydrothermal systems in the world. The “Sulphurets Hydrothermal  system” supports numerous world scale deposits, including the high-grade  Brucejack mine (opened 2017 by Pretivm) and Seabridge’s KSM which  boasts the largest undeveloped gold deposit by reserves in the world. The southern half of the system contains 188m oz gold, 1.2 bn oz silver, 55bn lbs. copper in resources. American Creeks Treaty Creek project is a Joint Venture. Tudor Gold  owns 3/5th, is the operator and controls all costs associated with  development and discovery. American Creek owns 20% and is fully carried  until a “Production Notice” is issued and benefits from a "free ride” on  any discovery, or discoveries made, to which there is one to date. In March the 1st the very first resource calculation was released for  the Goldstorm deposit. It is true world class, opening with 19.4m  ounces of gold equivalent in Indicated and 7.9m Inferred. The potential  to grow with further drilling is clearly being demonstrated and results  now coming in point to much much more mineralization being discovered. Eric Sprott said it best: Last Year Eric Sprott said the following about the Goldstorm Deposit on Treaty Creek: “It certainly looks like they have 20 million ounces and they could  easily get to 30 or 40 or 50 million ounces (of gold)" Eric Sprott, July  24, 2020 Sit back and enjoy this illustrative narrative with Kelvin Burton of  American Creek and discover the world class scale of Treaty Creek, and  potential for further future discoveries.