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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 Oct 19, 2020 6:12pm
159 Views
Post# 31745402

RE:RE:RE:RE:RE:RE:RE:Positive week

RE:RE:RE:RE:RE:RE:RE:Positive weekPatient SM .

Nothing will really move without any news .
It will vary from .29 to .34 until we receive any news from the lab .
So far we have received only 14 km of drilling out of 40 km plan this year who is 1/3 only of all drilling.
I suspect more than 2/3 are already at the lab so far.
 
The lab are slow down due to the Covid procedure they have to respect.

All drills For the last 3 years are very positive without exception, close to 1 gram per ton and I expect nothing less for the remaining one for this year.

My Guess and only my guess of what I see so far in the last 3 years of drilling and where we stand so far is 20 to 30 million of ounces for the first resource and still open in all directions and at depth. 

The Big Bang I have been waiting for more than 10 years will be delayed.
I think because of the Covid thing. 

They say at the end of the year for the First resource calculation, but my Guess is somewhere in February.
Then we will have everything all of us, we have waiting for when they provide the resource.

These delays in the lab out of Tudor control. 
 

Speculation without news remain only speculation.
With this said you can push number as much that you want in the crystal ball , but only NEWS and RESERVED will really change theses numbers.

 
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