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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 Stockmoves1on Apr 06, 2022 1:27pm
107 Views
Post# 34581212

RE:RE:RE:RE:RE:RE:RE:Please clarify...

RE:RE:RE:RE:RE:RE:RE:Please clarify...How you luv to twist things.. The last time I checked there was ample cash to cover overheads..

Assets Current assets Cash 2,032,643 4,812,982 Prepaid expenses and deposits (note 4) 68,319 114,624 Receivable (note 5) 20,329 52,526 Marketable securities (note 8) 227,000 3,725,327 Short term loan (note 18) 1,810 - 2,350,101 8,705,459 Reclamation bonds (note 6) 80,000 80,000 Property and equipment (note 7) - 388,453 Exploration and evaluation assets (notes 9 and 17) 380,720 3,632,605 2,810,821 12,806,517 Liabilities Current liabilities Accounts payable and accrued liabilities (notes 10 and 13) 52,803 185,612 Flow-through liability (note 11) 5,487 5,487 Cash from investors 2,000 - 60,290 191,099
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