Correction - Exploration Update for Strategic Minerals JV
Reykjavík, May 22, 2025 (GLOBE NEWSWIRE) -- ('Amaroq' or the 'Company' or the 'Corporation')
Correction - Exploration Update for Strategic Minerals JV
The following amendments have been made to the 'Exploration Update for Strategic Minerals JV' announcement released on 13 May 2025 at 07:00.
Table on page 3:
Hole ID
Easting
Northing
Elevation
Total Depth (m)
Avg. Dip
Avg. Azimuth
STE2301
571691
6715248
520.3
1061.01
73.64
16.31
STE2401
571293
6714312
190.8
901.5
84.89
89.86
STE2402
571322
6714481
252.7
613
55
75
STE2403
571386
6714764
290.7
975.3
55.8
38.22
STE2404
571322
6714482
252.7
457
55
50.09
STE2405
571294
6714311
190.8
885.5
50.22
284.5
STE2406
571691
6715243
520.3
901.4
87.69
112.12
Projection WGS 84 UTM zone 23NAll Core drilled at NQ diameter
All other details remain unchanged. The full amended text is shown below.('Amaroq' or the 'Company' or the 'Corporation')
2024 Exploration Update for Strategic Minerals JV
Amaroq Advances its Strategic Minerals Vision — Welcoming Dr. Steve Garwin
TORONTO, ONTARIO – May 13, 2025 – Amaroq Minerals Ltd. (AIM, TSXV, NASDAQ Iceland: AMRQ), an independent mining company with a substantial land package of gold and strategic mineral assets in Southern Greenland, is pleased to provide an update on the 2024 exploration results across the Company's strategic minerals portfolio JV, Gardaq AS.
Highlights
General
Successfully completed an ambitious exploration programme across seven licences held under the Gardaq JV. Activities included extensive geological reconnaissance, mapping of previously unexplored terrain, geochemical sampling, and 5,524m of core drilling across three high-priority projects.
Gardaq now holds the majority of the licenses across this prospective belt that hosts South Greenland's first Copper Porphyry System at Target West.
Company has further expanded its geological understanding of the critical metals hosting across South Greenland.
Three new licence applications across Greenland have been submitted, targeting copper, gold, and rare/critical earth elements.
The Company is proud to announce the appointment of world-renowned porphyry and epithermal exploration specialist Dr. Steve Garwin as Chief Technical Advisor - Epithermal & Porphyry Systems to Gardaq.
Stendalen
Drilling at Stendalen provided key geological insights into the copper/nickel/cobalt ('Cu/Ni/Co') mineralised system, supported by the identification of several chargeable geophysical features identified post drilling.
Further sections of Cu/Ni/Co sulphides have been intersected across all drillholes.
Although some assay results are still pending, so far one narrow zone of semi-massive sulphide has been encountered indicating potential for higher concentrations of Cu/Ni/Co sulphides still to be discovered.
Quantitative petrographic analysis at Stendalen confirmed high copper, nickel, and notably high cobalt content (up to~10% Co) within sulphides, consistent with a Cu/Ni/Co geochemical signature.
Post drilling, a downhole geophysical survey was conducted, which is now being coupled with the drilling data, highlighting exciting targets for future drilling and a better understanding of the Stendalen structure.
South Greenland Copper Belt
Ongoing work across the South Greenland Copper Belt has delineated approximately four new porphyry/epithermal targets for follow-up work in 2025.
Target North
Scout drilling at Target North confirmed the presence of a significant epithermal system. Although no economic mineralisation was encountered during the scout drilling at Target North, the confirmation of a well-developed epithermal system provides compelling evidence of the region's broader potential to host Cu-Au epithermal targets.
Johan Dahl Land
Exploration at the newly acquired Johan Dahl Land licence led to the discovery of the Ukaleq project, with impressive grades up to 12.3 g/t Au and 5.1% Cu (as previously reported1).
Josva
At Josva, scout drilling expanded the host structure at the historic mine site.
Bornite-bearing alteration zones were intersected, with best grades of 0.35% Cu, 6.0 g/t Ag (JOS2401) and 0.38% Cu, 5.55 g/t Ag (JOS2402).
While intersections are currently considered subeconomic, further work is aimed to delineate further strike and depth potential.
1 Amaroq Awarded Johan Dahl Land Licence and Positive Initial Exploration Results, 22 January 2025.
References to the accompanying presentation can be accessed on the website by clicking the link below: https://www.amaroqminerals.com/investors/presentations/.
James Gilbertson, VP Exploration for Amaroq, commented:
'2024 was a defining year for Amaroq's strategic minerals exploration. While not every drill target yielded economic results, each programme delivered valuable geological insights that are sharpening our focus on the most promising opportunities. Key highlights include the discovery of new porphyry and epithermal systems, confirmation of a cobalt-rich nickel-copper target at Stendalen, and strong early results at Ukaleq — all reinforcing South Greenland's untapped potential.
'We're also pleased to welcome Dr. Steve Garwin as Technical Advisor. His global expertise in porphyry and epithermal systems is already influencing our exploration strategy.
'With new drill data, geophysics, and assay results in hand, Amaroq is well positioned to prioritise 2025 follow-up programmes — including potential further drilling at Stendalen and Ukaleq. These next steps will be key in demonstrating the value of the Gardaq JV and its contribution to Amaroq's strategic growth.'
Overview of 2024 Exploration Programme
Project
Programme
Details
Stendalen
Downhole Geophysics
Downhole EM through 2023/24 drillholes
Core Drilling
4,773m of exploration drilling
Sava
Scout Drilling
501m from the Target North Cu/Au epithermal system
Josva
Scout Drilling
250m initial drilling into the former production high grade copper project
Copper Belt
Reconnaissance
Surface sampling and mapping over multiple copper targets across the 120km belt
2024 Drill Locations
Stendalen
Hole ID
Easting
Northing
Elevation
Total Depth (m)
Avg. Dip
Avg. Azimuth
STE2301
571691
6715248
520.3
1061.01
73.64
16.31
STE2401
571293
6714312
190.8
901.5
84.89
89.86
STE2402
571322
6714481
252.7
613
55
75
STE2403
571386
6714764
290.7
975.3
55.8
38.22
STE2404
571322
6714482
252.7
457
55
50.09
STE2405
571294
6714311
190.8
885.5
50.22
284.5
STE2406
571691
6715243
520.3
901.4
87.69
112.12
Projection WGS 84 UTM zone 23N All Core drilled at NQ diameter
Target North
Hole ID
Easting
Northing
Elevation
Total Depth (m)
Avg. Dip
Avg. Azimuth
SAV2401
439317
6782264
232.5
350
80.3
165.9
SAV2402
439317
6782264
232.5
151
43.6
169.2
Projection WGS 84 UTM zone 23N All Core drilled at NQ diameter
Josva
Hole ID
Easting
Northing
Elevation
Total Depth (m)
Avg. Dip
Avg. Azimuth
JOS2401
330870
6753144
11.3
80.2
51.7
322
JOS2402
330870
6753144
11.3
170.7
66.8
209
Projection WGS 84 UTM zone 23NAll Core drilled at NQ diameter
Initial Review of Exploration Results
Stendalen
In 2024, while assays are still largely pending and expected later this quarter, drilling did confirm extensive Cu/Ni/Co sulphides concentrated throughout the system as well as along the basal contact of the gabbroic intrusion, supported by strong conductive signals identified through downhole electromagnetic surveys (DHEM).
Updated geological models from these drilling results incorporate fold structures (anticlines, synclines, and sheathing) that could act as key controls on mineralisation, particularly near the hypothesised feeder zone to the northwest. U-Pb zircon dating yielded an age of ~1804 Ma, predating the Ketilidian orogeny and aligning well with these observed structural features and deformation phases.
These results provide a number of promising drill targets and represent a significant step toward advancing Stendalen.
Further afield from Stendalen, Amaroq is looking to leverage off the geological and sulphide hosting experienced gained in the assessment for further identify potential ultramafic and volcanic-hosted mineralisation.
Copper Belt
In 2024, drilling at Josva tested the depth and strike extensions of the historic copper-bearing Josva Shear Zone. While low-grade copper mineralisation (primarily bornite and chalcopyrite) was intercepted, results were below economic thresholds, though they expanded understanding of the mineralised system and its structural controls. Work will now more towards an assessment of the strike and depth potential away from Josva.
Hole ID
From
To
Interval (m)
Cu (%)
JOS2401
24
25
1
0.36
JOS2401
45
49
4
0.22
Including
47
48
1
0.34
JOS2401
69
70
1
0.14
JOS2402
43
44
1
0.33
JOS2402
64
70
6
0.15
Including
68.88
70
1.12
0.38
*True lengths have not been determined but are estimated to be 70-100% of interval length
At Target North, scout drilling intersected low- to intermediate-sulphidation epithermal veins, with evidence of hydrothermal boiling textures. Although no economic mineralisation was encountered, the confirmation of a well-developed epithermal system provides compelling evidence of the region's broader potential to host Cu-Au epithermal targets. As such, exploration focus is now shifting to other regional targets along the belt where similar geological signatures may be present.
Further exploration across the Copper Belt identified the Ukaleq target that included gold grades up to 12.3 g/t Au and copper grades reaching 5.1%, indicative of a robust mineralizing system; as previously reported.
On top of this exploration efforts have identified at least a further four prospective porphyry/epithermal targets to be followed up during 2025.
New Licences
The Company has drawn on its geological expertise to apply for three additional mineral licences, targeting highly prospective opportunities across Greenland. These include the tier-one phosphate and critical minerals potential at Gardiner (East Greenland), the emerging REE and Nb-Ta target at Illerfissalik, and a potential Kiruna-style IOCG system at Minturn in northern Greenland.
Sampling and QAQC Disclosure
Surface Drilling
Drill core was cut in half using a diamond blade core saw. Cut lines were consistently drawn along the core foliation axis and the right-hand side of the core was sampled. All drill core samples were placed into thick polymer bags with a sample ticket. All samples were prepared at ALS Geochemistry's containerised preparation laboratory on-site at Nalunaq, before being packaged and sent to an accredited laboratory, ALS Geochemistry, Loughrea, Ireland, for analysis.
At Stendalen - Sample preparation scheme PREP-31BY was used on all samples. This involves crushing to 70% under 2 mm, rotary split off 1 kg, and pulverizing the split to better than 85% passing 75 microns. Samples were then analysed by 50 g fire assay and ICP-MS finish using method PGM-MS24 which has a low detection limit for Pt, Pd and Au. A second multielement assay analysis is run for 50 g using method ME-MS61r, where the sample is digested in 4-acid (perchloric, nitric, hydrofluoric and hydrochloric acids) and analysed by ICP-AES for all elements and ICP-MS for high concentration elements.
At Target North and Josva - Sample preparation scheme PREP-31BY was used on all samples. This involves crushing to 70% under 2 mm, rotary split off 1 kg, and pulverizing the split to better than 85% passing 75 microns. Samples were then analysed by 50 g fire assay and ICP-AES finish using method Au-ICP2, with overlimit method Au-GRA22 which has a gravimetric finish. A second multielement assay analysis is run for 50 g using method ME-MS61r, where the sample is digested in 4-acid (perchloric, nitric, hydrofluoric and hydrochloric acids) and analysed by ICP-MS for all elements. Samples were analysed for Si, Ti and Zr using pXRF method pXRF-34.
Amaroq's QA/QC program consists of the systematic insertion of certified reference materials of known base metal contents, blanks, and quarter core field duplicates at a rate of 1 in 20 (5%) per QA/QC type. In addition, ALS insert blanks and standards into the analytical process.
Grab Sampling
Grab samples were collected from outcrops through the use of geological picks and hammers. Where possible chip channel samples were collected across the width of the visible vein. Grab samples were packaged into thick polymer bags with a sample ticket and reviewed by the Company geological staff prior to submission.
All grab samples were prepared at ALS Geochemistry's containerised preparation laboratory on-site at Nalunaq, before being packaged and sent to an accredited laboratory, ALS Geochemistry, Loughrea, Ireland, for analysis. As with drill the surface drill core, samples underwent preparation scheme PREP-31BY. This involves crushing to 70% under 2 mm, rotary split off 1 kg, and pulverizing the split to better than 85% passing 75 microns. Samples were then analysed by 50 g fire assay with method Au-AA26 which has a detection limit of 0.01 ppm Au. Samples containing visible gold and samples considered to be the Main Vein were assayed with screen-metallics fire assay technique Au-SCR24 which has a detection limit of 0.05 ppm Au. This involves screening 1 kg of pulverised sample to 106 microns followed by a gravimetric assay of the entire plus fraction and a duplicate 50 g AAS assay of the minus fraction.
Grab sample QAQC procedures consisted of the systematic insertion of certified reference materials of known gold content, blanks, and field duplicates at a rate of 1 in 20 or 5% per QA/QC type. In addition, ALS insert blanks and standards into the analytical process.
Enquiries:
Amaroq Minerals Ltd.Eldur Olafsson, Executive Director and CEO eo@amaroqminerals.com
Ed Westropp, Head of Business Development and Corporate Affairs ewe@amaroqminerals.com
Eddie Wyvill, Corporate Development+44 (0)7713 126727ew@amaroqminerals.com
Panmure Liberum Limited (Nominated Adviser and Corporate Broker)Scott MathiesonNikhil Varghese+44 (0) 20 7886 2500
Canaccord Genuity Limited (Corporate Broker)James AsensioHarry ReesTel: +44 (0) 20 7523 8000
Camarco (Financial PR)Billy CleggElfie KentFergus Young+44 (0) 20 3757 4980
For Corporation updates:Follow @Amaroq_Minerals on X (Formerly known as Twitter)Follow Amaroq Minerals Ltd. on LinkedIn
Further Information:
About Amaroq Minerals
Amaroq's principal business objectives are the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. The Company's principal asset is a 100% interest in the Nalunaq Gold mine. The Company has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. Amaroq Minerals is continued under the Business Corporations Act (Ontario) and wholly owns Nalunaq A/S, incorporated under the Greenland Companies Act.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Forward-Looking Information
This press release contains forward-looking information within the meaning of applicable securities legislation, which reflects the Corporation's current expectations regarding future events and the future growth of the Corporation's business. In this press release there is forward-looking information based on a number of assumptions and subject to a number of risks and uncertainties, many of which are beyond the Corporation's control, that could cause actual results and events to differ materially from those that are disclosed in or implied by such forward-looking information. Such risks and uncertainties include but are not limited to the factors discussed under "Risk Factors" in the Final Prospectus available under the Corporation's profile on SEDAR at www.sedar.com. Any forward-looking information included in this press release is based only on information currently available to the Corporation and speaks only as of the date on which it is made. Except as required by applicable securities laws, the Corporation assumes no obligation to update or revise any forward-looking information to reflect new circumstances or events. No securities regulatory authority has either approved or disapproved of the contents of this press release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Inside Information
This announcement contains inside information for the purposes of Article 7 of the UK version of Regulation (EU) No. 596/2014 on Market Abuse ("UK MAR"), as it forms part of UK domestic law by virtue of the European Union (Withdrawal) Act 2018, and Regulation (EU) No. 596/2014 on Market Abuse ("EU MAR").
Qualified Person Statement
The technical information presented in this press release has been approved by James Gilbertson CGeol, VP Exploration for Amaroq Minerals and a Chartered Geologist with the Geological Society of London, and as such a Qualified Person as defined by NI 43-101.
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'Whilst the probability of a product being affected is low, we always put the safety and satisfaction of our consumers first and that is why we have made the decision to recall these products. 'We apologise to consumers and our partners for the impact this will have. 'This recall only affects these specific products and lot codes. All other Tony's Chocolonely products remain safe to consume and are not impacted. 'Do you have a bar with the impacted lot number(s)? Please don't eat the chocolate. Instead, we kindly ask you that you return the product to the store where you bought it for a refund or replacement.' Tesco has recalled one of its products from supermarket shelves across the UK because they may pose a health risk to customers. The supermarket giant has recalled one of its Tesco Free From Meal Kits because they contain undeclared soya. The presence of soya, not mentioned on the label, makes them a potential health risk for anyone with an allergy to soya. The affected products are the Tesco Free From Katsu Curry Meal Kit, affecting all products with a best before date up to and including December 12. Tony's Chocolonely recall as chocolate may contain stones 'Do not eat': Products sold at Tesco, Asda, Iceland and more recalled 'Stop using it immediately': Asda apology to customers as product recalled A spokesman for the Food Standards Agency (FSA) said: 'Tesco is recalling the above products from customers and has been advised to contact the relevant allergy support organisations, which will tell their members about the recall. 'The company has also issued a recall notice to its customers. 'These notices explain to customers why the product is being recalled and tell them what to do if they have bought the product. 'If you have bought the above products do not eat them. Instead, return them to any Tesco store for a full refund. For more information contact Tesco Customer Services on 0800 505 555.' Iceland has issued a 'do not eat' warning to its customers over a product that may contain pieces of plastic. The supermarket is recalling its Iceland Vegetable Lasagne because of the risk of plastic in the dish, making it unsafe to eat. The affected products have best before dates of July 23, 2026, and July 30, 2026. A spokesman for the Food Standards Agency also told anyone who has purchased the dish not to eat it. Wednesday 19 March. Iceland Foods Ltd recalls Iceland Vegetable Lasagne because it may contain pieces of plastic #FoodAlert — Food Standards Agency (@foodgov) March 19, 2025 They said: 'Iceland Foods Ltd is recalling the above product. The company has issued a recall notice to its customers. 'These notices explain to customers why the product is being recalled and tell them what to do if they have bought the product. 'If you have bought the above product do not eat it. Instead, return it to the store from where it was bought for a full refund. For more information, please call 0800 328 0800.' An Iceland spokesman added: 'We are taking the precautionary measure of recalling the dates codes of the above product because it may contain hard pieces of plastic making it unsafe to eat. 'Only the best before date codes listed in this notice are affected. 'If you have purchased any of the above product, DO NOT eat it.' A popular breakfast choice sold at Tesco, Ocado, Amazon and other outlets has been recalled because it may contain insects. Rude Health Foods Ltd is recalling its Rude Health Chocolate Crunch Granola because of the possible presence of insects. The affected product is the 400g box of granola with a best before date of October 24. The Food Standards Agency (FSA) has warned anyone who has purchased the granola not to eat it but return it to wherever they bought it for a full refund. Thursday 20 March - @rudehealth recalls Rude Health Chocolate Crunch Granola because of the possible presence of insects #FoodAlert — Food Standards Agency (@foodgov) March 20, 2025 A spokesman said: 'The product listed above might contain insects, which may make them unsafe to eat. 'Rude Health Foods Ltd is recalling the above product. Point of sale notices will be displayed in all retail stores that are selling this product. 'These notices explain to customers why the product is being recalled and tell them what to do if they have bought the product. 'If you have bought the above product do not eat it. Instead, return it to your local store for a refund. For further information, please contact Rude Health Foods Ltd at hello@ Iceland 'do not eat' warning as product may contain 'hard pieces of plastic' Holiday warning as mosquito bite leaves student paralysed for a month AA issues roundabout warning to drivers as millions risk fine for common mistake A Rude Health Foods spokesman added: 'No other batches of the chocolate crunch granola or other Rude Health products are affected by this recall. 'If you have bought the above product we advise you do not consumer it. 'We sincerely regret any inconvenience caused to our customers.' If there is a problem with a food product that means it should not be sold, then it might be 'withdrawn' (taken off the shelves) or 'recalled' (when customers are asked to return the product). The FSA issues Product Withdrawal Information Notices and Product Recall Information Notices to let consumers and local authorities know about problems associated with food. In some cases, a 'Food Alert for Action' is issued. This provides local authorities with details of specific actions to be taken on behalf of consumers.
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American Creek's JV Partner Tudor Gold Commences 2025 Exploration Drill Program at Treaty Creek
Cardston, Alberta--(Newsfile Corp. - June 20, 2025) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation" or "American Creek") is pleased to announce that project operator and JV partner Tudor Gold ("Tudor") is reporting on the 2025 exploration drill program at the flagship Treaty Creek Project, located in the Golden Triangle of Northwest British Columbia. 2025 Exploration Program Phase 1 drilling of the 2025 exploration program has commenced and is expected to consist of seven holes totaling approximately 6,000 meters (m) of diamond drilling at the Goldstorm Deposit. The primary objective of the Phase 1 drill program is to expand the recently discovered high-grade gold Supercell-One system (SC-1), which was delineated over an 800 m by 400 m area during 2024. SC-1 is a gold-dominant, quartz-sulphide, breccia-hosted structural corridor open to the northwest, north and east. There is excellent potential to discover further high-grade SC-1 style gold-bearing structures proximal to the Goldstorm Deposit within a 600 m by 400 m area extending from SC-1 to previously identified high-grade intercepts within the 300H and 300N Domains of the Goldstorm Deposit. Drill results from SC-1 in 2022 to 2024 include the following high-grade gold intercepts: GS-23-176-W1: 15.00 m @ 15.64 grams/tonne (g/t) AuEQ (14.89 g/t Au, 4.72 g/t Ag, 0.60% Cu) GS-22-134: 25.50 m @ 9.96 g/t AuEQ (9.66 g/t Au, 1.23 g/t Ag, 0.24% Cu) including 4.50 m @ 20.86 g/t AuEQ (20.61 g/t Au, 1.50 g/t Ag, 0.20% Cu) GS-23-179: 12.00 m @ 10.07 g/t AuEQ (9.78 g/t Au, 1.35 g/t Ag, 0.23% Cu) GS-24-185: 13.50 m @ 9.60 g/t AuEQ (9.58 g/t Au, 0.44 g/t Ag, 0.01% Cu) Drill results from 300H and 300N Domains in 2021 and 2023 include the following high-grade gold intercepts: GS-21-113-W1: 13.50 m @ 8.96 g/t AuEQ (8.77 g/t Au, 15.10 g/t Ag, 0.01% Cu) GS-21-113: 24.00 m @ 6.06 g/t AuEQ (5.81 g/t Au, 20.30 g/t Ag, 0.01% Cu) GS-23-178-W1: 12.00 m @ 6.03 g/t AuEQ (5.90 g/t Au, 12.31 g/t Ag, 0.01% Cu) Click the following links to view the corresponding plan view and oblique view. Plan Map To view an enhanced version of this graphic, please visit: Oblique Map To view an enhanced version of this graphic, please visit: Phase 2 of the 2025 exploration program will consist of 1,600 m of additional exploration drilling contingent on the success of Phase 1 drilling. Underground Permitting The application to permit an underground exploration drill program focused on the high-grade SC-1 is expected to be finalized in the coming weeks. Phase 3 of the 2025 exploration program will consist of two orientated-core geotechnical diamond drill holes, totaling approximately 500 m, targeting the portal and ramp entrance area for the underground development. These holes are planned to be drilled at the end of the 2025 exploration program. Ken Konkin, Senior Vice-President of Exploration for Tudor Gold, comments: "We are focused on increasing the high-grade gold potential of SC-1 with this year's drill program. The planned holes are designed to expand upon the successful intercepts from our recent drill campaigns. The targets are structurally controlled, late-stage, gold-rich breccia systems that complement the four known SC-1 structures: SC-1 A, B, C and D. We look forward to a successful 2025 exploration program in the following months as we begin our quest to develop a multi-million-ounce high-grade gold system peripheral to the gold-copper Goldstorm Deposit." Quality Assurance and Control Ken Konkin, Senior Vice-President of Exploration for Tudor Gold, is the Qualified Person, as defined by National Instrument 43-101, responsible for the Project. Mr. Konkin has reviewed, verified, and approved the scientific and technical information in this news release. About Treaty Creek The Treaty Creek Project hosts the Goldstorm Deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the "NI-43-101 Technical Report for the Treaty Creek Project", dated April 5, 2024 prepared by Garth Kirkham Geosystems and JDS Energy & Mining Inc., the Goldstorm Deposit has an Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ grading 1.19 g/t AuEQ (21.66 Moz gold grading 0.92 g/t, 2.87 billion pounds (Blbs) copper grading 0.18%, 128.73 Moz silver grading 5.48 g/t) and an Inferred Mineral Resource of 6.03 Moz of AuEQ grading 1.25 g/t AuEQ (4.88 Moz gold grading 1.01 g/t, 503.2 Mlb copper grading 0.15%, 28.97 Moz silver grading 6.02 g/t), with a pit constrained cut-off of 0.7 g/t AuEQ and an underground cut-off of 0.75 g/t AuEQ. The Goldstorm Deposit has been categorized into three dominant mineral domains and several smaller mineral domains. The CS-600 domain largely consists of nested pulses of diorite intrusive stocks and hosts the majority of the copper mineralization within the Goldstorm Deposit. CS-600 has an Indicated Mineral Resource of 15.65 Moz AuEQ grading 1.22 g/t AuEQ (9.99 Moz gold grading 0.78 g/t, 2.73 Blbs copper grading 0.31%, 73.47 Moz silver grading 5.71 g/t) and an Inferred Mineral Resource of 2.86 Moz AuEQ grading 1.20 g/t AuEQ (1.87 Moz gold grading 0.79 g/t, 475.6 Mlb copper grading 0.29%, 13.4 Moz silver grading 5.63 g/t). The Goldstorm Deposit remains open in all directions and requires further exploration drilling to determine the size and extent of the Deposit.1 AuEq = Au g/t + (Ag g/t*0.0098765) + (Cu ppm*0.0001185) Treaty Creek JV Partnership American Creek is a proud partner in the Treaty Creek Project. The project is a Joint Venture with Tudor Gold owning 3/5th and acting as operator. American Creek and Teuton Resources each have a 1/5th interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek. Tudor and American Creek entered into a Binding Letter of Intent on June 6, 2025, and announced on June 9, 2025, pursuant to which Tudor will acquire all of the issued and outstanding shares of American Creek by way of a Plan of Arrangement. Currently, American Creek holds a 20% carried interest, and Tudor a 60% interest, in the Treaty Creek Project located in northwest British Columbia. On completion of the proposed Transaction, Tudor will hold an 80% interest in the Treaty Creek Project. About American Creek American Creek is a Canadian junior mineral exploration company with gold and silver properties in British Columbia, Canada. The Corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold located in BC's prolific "Golden Triangle". The Corporation also holds the Austruck-Bonanza gold property located near Kamloops. For further information, please contact Kelvin Burton at: Phone: 403 752-4040 or Email: info@ Information relating to the Corporation is available on its website at 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. Cautionary Statements regarding Forward-Looking Information This news release contains "forward-looking information" within the meaning of applicable Canadian securities legislation. "Forward-looking information" includes, but is not limited to, statements with respect to the activities, events or developments that the Corporation expects or anticipates will or may occur in the future, including the completion and anticipated results of planned exploration activities. Generally, but not always, forward-looking information and statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will be taken", "occur" or "be achieved" or the negative connation thereof. Such forward-looking information and statements are based on numerous assumptions, including among others, that the Corporation's planned exploration activities will be completed in a timely manner. Although the assumptions made by the Corporation in providing forward-looking information or making forward-looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Corporation's plans or expectations include risks relating to the actual results of current exploration activities, fluctuating gold prices, possibility of equipment breakdowns and delays, exploration cost overruns, availability of capital and financing, general economic, market or business conditions, regulatory changes, timeliness of government or regulatory approvals and other risks detailed herein and from time to time in the filings made by the Corporation with securities regulators. Although the Corporation has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
