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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Comment by CobraShelbyon Dec 10, 2021 12:13pm
123 Views
Post# 34218968

RE:Gold Fever, Right here Right now!

RE:Gold Fever, Right here Right now!Hello Fairdinkem.

Very hard to tell what could and will happen.
We only can guess and Speculate but we are in a game changer in TC.

I doubt the big boy would go for goldstorm alone, but we never know .

Before we have a 70 M measured and indicated this can take another 3 years of drilling with 15 drills in place on the 4 zone , finishing to determine the limit of Goldstorm, then the Eureka, Perfect Storm,and CBS and having a mine start up can easily go up to 7 years to 11

A lot of things could change in 7 years and in my case sooner will be better, so I am hoping for a deal not a mine.

I think for this year drilling result when we have the new revise measured and indicated we will be around 34 Millions in measured and indicated and another 10 Millions in the inferred  category.

This is my guess and time will tell if I am close or way below or right on or way to high.

Another point to take in consideration is that NewCrest as purchase Pretivm and they are the expert on block caving , on the last interview with KK he said he was not there at a meeting they had with Newcrest and he was told deeper is better for them and they really like the geology of TC for them.
3.5 billion for 10.5 million of ounces is 350 per ounce ,
BUT they are in production a Huge difference, and again we could have up to 70M also a big difference 

Who really knows how much we will get and when at what price and when . 
Your guess is as good as mine 
GLTA

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