CARDSTON, ALBERTA–(Marketwired – April 15, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“the Corporation”) is pleased to report that it has significantly expanded its D1-McBride property located in northern British Columbia.
The new claim block encompasses an area of approximately 580 hectares immediately adjacent to and surrounding the Corporation’s original 34 hectare D1-McBride property. The Corporation holds a 100% interest in the property as it was acquired through staking.
The D1-McBride property is located in the Liard Mining Division, about 64 km southeast of Dease Lake. 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).
The additional claims expand the property to cover the projected trace of the exposed veining system and also contain the fault system believed to be related to the mineralization. Limited past exploration has taken place on the property.
This most recent expansion is part of the Corporation’s ongoing strategy of adding shareholder value by increasing its gold and silver property portfolio while mineral property prices are at depressed levels in anticipation of a precious metals market recovery. This strategy started with the acquisition of the original D1-McBride property along with the Gold Hill property.
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.
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.