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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 Dec 09, 2021 10:17pm
231 Views
Post# 34217078

RE:M&A Pierre Lassonde prediction are accurate so far.

RE:M&A Pierre Lassonde prediction are accurate so far. For 70 Million of ounces if we get the same deal as GBR got and I think it could be more 

It could look like this for the 3 Amigos


 

Table updated at $212 per ounce for comparative purposes.


Company Site Status Resource OZ. M. Concentration ore g/t oz. Shares outstanding M. OZ./Share Potential value Market value Dec/03/2021 Potential gain factor value Market cap. Million$ Value/oz $$$
Tudor (60%) Treaty Creek In exploration 42 0.74 185.84 0.226 47.91 $ 1.990 $ 24.08        369.82          8.81  $
AMK (20%) Treaty Creek On standby (free ride) 14 0.74 397.39 0.035 7.47 $ 0.200 $ 37.34           79.48          5.68  $
Tuo (20%) Treaty Creek On standby (free ride) 14 0.74 56.22 0.249 52.79 $ 1.820 $ 29.01        102.32          7.31  $
Approximate value of gold in ground per ounce $CDN 212.00 $       Treaty Creek Resource in OZ. M. 70 551.62     21.79  $
 
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