American Creek Resources Ltd V.AMK

Alternate Symbol(s): ACKRF

Metals & Mining Industrial Metals & Minerals

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.

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American Creek Resources Ltd > News out resource within Q1

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Comment by fairdinkemon Jan 25, 2023 10:58am

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Post# 35245114

RE:RE:News out resource within Q1

SKEENA needed the area for use of facilities, storage etc, and TUDOR needs the cash. One thing is they did not get warrents for the deal and instead accepted a Premium price ove mkt valuation.
This was a smart deal albiet that it could even be smithered in silver and gold, but instead oppted to make a deal, which IMO was smart as they, TUD have a LOT GOING ON and being a good neighbor also can offset any future valuations in hvaving a very HAPPY Neighbor.

GOOD MOVE for TUD and ESK!

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