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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 Jetstream1281on Dec 23, 2022 12:57pm
126 Views
Post# 35189824

RE:RE:RE:RE:RE:RE:RE:RE:Good volume!!!!

RE:RE:RE:RE:RE:RE:RE:RE:Good volume!!!!The only reason for my prediction is from KK's last interview. He mentioned that a PEA takes about a year to complete. He also talked about funding and it seemed like maybe they had enough money for an updated resource but not a PEA at this time. 

Connecting those dots ( and this is entirely assumption from my end) that would put a PEA at end of 2023 at the earliest. If they need funding to complete it, it'll be into 2024...If they want to include anything beyond what they've drilled so far, who knows when???

I personally think that POG will define their strategy...either way, I firmly believe that very end of next year would be the absolute earliest we'd see a PEA...and like others I don't really care....as long as they do it right.
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