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 > Just when I think it couldn't get any better!!!

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Post by Stockieeeon Mar 17, 2021 3:37pm

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Post# 32818577

Just when I think it couldn't get any better!!!

I check the GRADE and realize it hasn't. I'm no miner, but from my research this seems like a very LOW grade. It seems the market sees this and is responding. Doesn't matter have many ounces you have if it's a low quality grade. It's like robbing a bank and only taking the pennies. The resource report has given the SP a base, but it doesn't seems like this will go anywhere fast. Not bashing, just to me a very disappointing result/grade JMHO

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