RAYMOND, AB, Sept. 28, 2011 /CNW/ - American Creek Resources Ltd.
(TSX-V:AMK / OTC:ACKRF) (the "Company") is pleased to report that it
has successfully completed its 2011 drill program on the Electrum
Project. A total of 2,105 meters of diamond drilling was conducted
over seven holes.
Core logging, splitting and sampling took place on site and all core
samples have now been submitted to ALS Minerals for assay.
The Electrum drill program was designed to test the extension of mapped
surface veins at depth and to confirm a shear/alteration zone that
appears to be controlling the extensive mineralization found on the
The Electrum Property, located near Stewart, B.C., is 100% owned by
American Creek. The property is part of a highly mineralized belt of
past producing mines and encompasses the historic East Gold mine.
The Company's 2006 drill program confirmed small veins grading as high
as 440 g/t gold and 400 g/t silver over narrow widths, along with areas
of widely disseminated bulk-tonnage style gold and silver. Highlights
from the 2007 drill program include 26 meters of 3.01 g/t gold with
2.05 g/t silver, 2 meters of 29.9 g/t gold with 10.2 g/t silver, 6
meters of 1.70 g/t gold with 2.2 g/t silver, 1.9 meters of 9.30 g/t
gold with 39.5 g/t silver, and 31 meters of 0.53 g/t gold with 2.49 g/t
Frank O'Grady, P.Eng., is the Qualified Person for the purposes of
National Instrument 43-101 for the Electrum Project. Mr. O'Grady has
verified and approved the contents of this news release.
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.
Certain information contained in this news release constitutes
forward-looking statements regarding the Corporation's mineral
properties. Forward looking statements are frequently characterized by
words such as "plan", "expect", "project", "intend", "believe",
"anticipate" or statements that certain events or conditions "may" or
"will" occur. Forward-looking statements are based on the reasonable
opinions and estimates of management of American Creek and are subject
to a variety of risks, uncertainties and other factors that could cause
actual events or results to differ materially from those projected in
the forward-looking statements. These factors include: the inherent
risks involved in the exploration and development of mineral
properties, uncertainties involved in the interpretation of drill
results and other geological data, fluctuating commodity prices,
unforeseen permitting requirements, changes in environmental laws or
regulations, the possibility of project cost overruns or unanticipated
costs and expenses, weather conditions, the availability of contractors
for equipment and services, the availability of future financing and
general business and economic conditions. Such statements are also
based on a number of assumptions which may prove to be incorrect,
including assumptions about general business and economic conditions
being accurate, the timing and receipt of regulatory approvals for
projects and operations, the availability of financing, the ability to
secure equipment and labour, and American Creek's ongoing relationship
with third parties. The foregoing factors, risks and assumptions are
not exhaustive. Events or circumstances could cause actual events or
results to differ materially from those estimated or projected and
expressed in, or implied by, these forward-looking statements.
Accordingly, readers should not place undue reliance on forward-looking
statements. These forward-looking statements are as of the date they
are made and American Creek disclaims any obligation to update any
forward-looking statements, except as required by law.
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.
SOURCE American Creek Resources Ltd.
For further information:
For further information please contact Darren Blaney at: Phone: 403 752-4040 or Email: firstname.lastname@example.org. Information relating to the Corporation is available on its website at www.americancreek.com.