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 > Grade

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Post by goldanalyston Mar 09, 2021 12:44pm

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Post# 32753391

Grade

Essentially this deposit is a call option on much higher gold prices....

The number of ounces is insignificant but it isn't economical at current prices...not even close

Matter of timing...if this was released when gold was at $2100

the amigos woudl have doubled right after the halt was lifted

If you think gold is going to $2500 this deposit makes sense

If not there are better options out there

GLTA

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Unique Battery Metals opportunity in Quebec