The mining newspaper for Alaska and Canada's North
The mining newspaper for Alaska and Canada's North
American Creek Resources Ltd. Dec. 11 said that an eight-hole drill program at the Electrum project in northwestern British Columbia encountered near-surface gold-silver zones.
Six of the holes cut significant gold-silver mineralization, including: one meter of 6.09 grams per metric ton gold and 242 g/t silver from a depth of 16.5 meters in hole EL 15-03; one meter of 1.31 g/t gold and 189 g/t silver from a depth of 28 meters, and one meter of 6.93 g/t gold and 62 g/t silver from a depth of 35 meters in hole EL 15-05; and one meter of 14.65 g/t gold and 22 g/t silver from a depth of 13 meters, one meter of 6.59 g/t gold and 461 g/t silver from a depth of 14 meters, and one meter of 3.47 g/t gold and 58 g/t silver from a depth of 35 meters in hole EL 15-07.
The fall exploration program also included the collection of roughly 100 grab samples to identify new mineralized zones.
American Creek COO Darren Blaney said, "The program conducted this fall has been a great success in that we appear to have now unlocked one of the major hurdles encountered in previous work conducted on the property as we have identified a discernable alteration pattern and mineral sequence.
This is a major breakthrough in validating and proving the newly developed geological model and associated exploration concept for the Electrum, and we are excited for what this means going forward." In 2016, the company plans to outline the size, shape and grade of mineralized bodies so that bulk sampling for grade and recovery characteristics can be determined.
Over his more than 16 years of covering mining and mineral exploration, Shane has become renowned for his ability to report on the sector in a way that is technically sound enough to inform industry insiders while being easy to understand by a wider audience.
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