American Creek Resources Ltd. has initiated an exploration program on its Dunwell Mine group of properties, located in the “Golden Triangle,” 7 kilometers (km) northeast of Stewart, British Columbia. The objectives of the program include locating adits and other historic workings and planning hole locations for a Phase 1 drill program. The 1,528-hectare Dunwell property includes the past-producing high-grade Dunwell gold mine, which from 1926-1941 produced 45,657 metric tons (mt) averaging 6.63 g/mt of gold, 223.91 g/mt of silver, 1.83 % lead, 4.01% zinc and 0.056% copper.

In addition to the Dunwell mine, according to American Creek, there are at least 15 other high-grade gold/silver showings located on the property including the Ben Ali (produced 4,500 mt of 21.6 g/mt of gold), the Tyee (produced 8.2 mt of 124.4 g/mt of gold with 4,478.8 g/mt of silver), the George E. (produced 12 mt of 13 g/mt of gold with 3,250 g/t of silver and 23.3% lead) and several others with past production of high-grade gold, silver and base metals.

The Dunwell property is located in the richest portion of the Portland Canal Fissure Zone between the past producing Silbak-Premier gold mine (8 km northwest) and the past-producing Porter Idaho silver mine (10 km south). IDM’s Red Mountain project (at feasibility stage) is located approximately 11 km to the east.

Similar to the past-producing Silbak-Premier and Porter Idaho mines that are now in the process of being put back into production in the near future, American Creek said it believes there is also potential to prove up more high-grade gold and silver reserves at the past producing Dunwell mine along strike and below the level 4 workings.

“We are excited to have begun work on the recently acquired and amalgamated Dunwell Mine group,” said Darren Blaney, CEO of American Creek. “Even at this early stage of field work, we have already located several high-grade vein systems both on surface and underground. Planning for upcoming drilling, including fine-tuning drill targets, is already under way.”

American Creek’s portfolio includes three “Golden Triangle” gold/silver properties: the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor, as well as the Dunwell Mine group of properties. Other properties include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side and Glitter King.

 

Resource Center Whitepapers, Videos, Case Studies