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 > We are in good shape. Treaty Ceek checks off all the boxes

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Comment by Robizounskinon Sep 19, 2022 10:07am

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Post# 34970992

RE:We are in good shape. Treaty Ceek checks off all the boxes

Interesting to check the quantity of gold oz involved in this 6.7 billion of dollars deal. From their site we can see that by December 2021 they have 13.667 million oz of gold in gold mineral reserve categories and 14.532 in resource categories for a total of 28.2 million oz of gold. We must add to this the silver and other metals value to have the real net number for the gold only but if we do a simple math calculation 6.7 billion dollars divided by 28.2 million oz of gold this give us a nice $237 per oz of gold including other metals. At Treatycreek we are at 27.3 million oz of gold as of spring 2021, look very promising too for next spring PEA as we most likely will double that number. This need more study of those numbers but I love what I see.

Check this out;

Summary of Mineral Reserve and Mineral Resource Estimates (q4cdn.com)

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