The 179-sq.-km property within the Golden Triangle borders Seabridge Gold’s KSM project to the southwest and Pretium Resources’ Brucejack property to the southeast.
Midday Monday, American Creek’s stock was up nearly 15% on the TSXV
Tudor Gold has a 60% interest in Treaty Creek; American Creek Resources and Teuton Resources each hold a 20% interest.
“The Goldstorm Zone remains open on all fronts and to depth, and our priority for 2021 will be to complete the drilling to the Northeast and Southeast limits as well as to depth. The objective will be to convert as much of the 7.9 million ounces of Inferred Mineral Resource averaging 0.79 gpt AuEq to Measured and Indicated Resource classifications, in addition to finding the limits to the mineralized zones within the Goldstorm Zone,” said Tudor Gold president Walter Storm.
According to the company, only 10-12% of the gold equivalent values are attributed to silver and copper mineralization indicating a strong gold-dominate system.
Midday Monday, American Creek’s stock was up nearly 15% on the TSXV. The company has a C$134 million market capitalization. Tudor Gold stock was up 2.69%.
