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 > Any guess on how high gold gets?

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Comment by Robizounskinon Apr 04, 2023 10:37am

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Post# 35378473

RE:Any guess on how high gold gets?

Hard to guess for gold but for Goldstorm my guess is as follow;

KK was saying in his last video that with the present status of resource level for Goldstorm the market value of the gold ore in ground should be around $30/oz. Considering having 30.7 M oz and respectively prorated to each company 60% TUD and 20% AMK the present market value should be $2,69 for TUD and $0,38 for AMK, interesting to consider future next level value with PEA at $50-$100 range and Feasibility level at $100-$200 range.

Company	Site	Status	Prorated Resource OZ. M.	Concentration ore g/t oz.	Shares outstanding M.	OZ./Share	Potential value
Tudor (60%)	Treaty Creek	In exploration	18,42	1,13	205,17	0,090	2,69 $
AMK (20%)	Treaty Creek	On standby (free ride)	6,14	1,13	484	0,013	0,38 $