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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 fairdinkemon Aug 13, 2020 12:00pm
135 Views
Post# 31403606

RE:RE:RE:CEO : AMK

RE:RE:RE:CEO : AMK
Let us look at what is average:  Ore is deep underground and can become a pit operation, lots of gold but in stringers or viens or is scant but can be managed to be at a profit.  These types or ore bodies and strata bound gold are for some reason not as high on the return net.  That is why most of them shut down when the price of gold dosent catch up to the cost of mining.  Mines shut down, most HUGE mines are at an average of 1 gram per ton,  efficiency in mining methods make all of the difference.  Here with TUD,TUO,AMK we have ore right at the surface and very shallow 1, 2 ,3 meters of coverage.  We have an irresistable ore body for open pit mineings, so we should be at a premium on the mkt.  W.S. is a very wise negotiator in any dealings, so we are in very strong hands.
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