RAYMOND, AB, June 6 /CNW/ - American Creek Resources Ltd. (TSX Venture:
AMK) is pleased to announce that the 2007 Electrum Project Phase III drilling
program has commenced.
A total of up to 20,000 meters of diamond drilling is planned with
targeting based on results from the 2006 program and from ongoing soil
geochemistry, surface sampling, blast trenching, geophysical surveying, and
geological mapping. Two drills are working on the property now.
Highlights of the 2006 drill program included 16.86 g/t gold over 1.0
meter; 7.15 g/t gold with 123.0 g/t silver and 0.41% zinc over 0.62 meters;
and 440.78 g/t gold with 400.0 g/t silver and 0.33% zinc over 0.52 meters.
Wide intersections of lower grade gold were also encountered.
Drill core logging and sampling will take place at the project and at
American Creek's facility in Stewart, British Columbia. The core samples will
be processed at Eco Tech Laboratory's sample preparation facility in Stewart
and then sent to Eco Tech's main facility in Kamloops, British Columbia for
Allan Burton, President and CEO stated: "We have been eagerly
anticipating getting back on the Electrum and are looking forward to this much
larger 2007 program."
The Electrum Project is located in the "Golden Triangle" approximately
45km north of Stewart, British Columbia, near past operating mines including
the Riverside, Scotty Gold, Granduc, and Silbak-Premier. The Electrum
encompasses the historic East Gold mine. Barrick's world-class Eskay Creek
mine is located approximately 50km north of the project. The Electrum is road
accessible and is only 45km from concentrate shipping port facilities located
American Creek Resources Ltd. is a Canadian mineral exploration company
focused on the acquisition, exploration and development of gold and silver
deposits. The Corporation has several projects within the Province of British
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.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
For further information:
For further information: Darren R. Blaney, Chief Operating Officer, Tel:
(403) 752-4040, Fax: (403) 752-4020 or Email: firstname.lastname@example.org.
Information relating to the Corporation is available on its website at