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Share Name | Share Symbol | Market | Type |
---|---|---|---|
American Creek Resources Ltd | TSXV:AMK | TSX Venture | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
-0.005 | -3.33% | 0.145 | 0.145 | 0.16 | 0.15 | 0.145 | 0.15 | 7,700 | 20:59:59 |
American Creek Resources Ltd. (the "Corporation") reports that it has had further testing conducted on 2012 petrographic samples and 2012 assay pulp from sections of the remaining core from the 8.51 meter drill core intersection at the bottom of hole TC07-04 (drilled at Treaty Creek in 2007 in the Eureka zone and reported in the Corporation's news release dated December 11, 2007).
The core boxes containing this 8.51 meter interval of hole TC07-04 were removed from the Treaty Creek exploration camp site by Teuton Resources Corp. (TSX-V: TUO) ("Teuton") without the Corporation's knowledge in 2012. After recovery of the core boxes and the 2012 petrographic samples and 2012 assay pulp, the Corporation commissioned a study to determine whether drill bit fragments were the source of the high silver readings in one of the 2012 assay results reported on by Teuton in their news release dated October 25, 2012. This study indicates that the high silver readings in the 2012 assay results were in fact the result of drill bit fragments, which contain silver solder, and which appear to have been included in the core samples notwithstanding proper 2007 sampling procedure. While the Corporation cannot be certain that this affected the 2007 assay results, it appears likely that the anomalous silver values for this 8.51 meter interval of hole TC07-04 reported in the December 11, 2007 news release were also related to silver solder from fragments of the diamond drill bit. Accordingly, the anomalous silver values for this core interval as reported in the December 11, 2007 news release should not be relied upon.
American Creek Resources Ltd. is a Canadian 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 Darren Blaney at: Phone: 403 752-4040 or Email: info@americancreek.com. 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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