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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 McGoldenon Feb 04, 2021 2:37pm
122 Views
Post# 32472426

RE:RE:Resource calculation

RE:RE:Resource calculationEs says we know they have 20 mil oz. Thats a man that knows the math. German report says 25 mil oz. With multiple step out in multiple directions and drilling deeper in depth with consistency in mineralization throughout. I agree that at 100 usd per oz in the ground with 25 million oz amk 1.30 and tud 10. Now at 30 does premium go up from 100 usd I would think so and at 40 mil oz premium goes up again. What that premium will be not sure but certainly more then 25 mil oz premium. They will pay up for a generational mine because they need it for growth they need it for shareholders. Only big things move the needle for those big guys and thats exactly what they r looking for and desperately need as they deplete their resources daily.
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