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 > Why does TUD on have 2 rigs on site-

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Comment by Larry60on Jun 14, 2024 2:31pm

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Post# 36089674

RE:Why does TUD on have 2 rigs on site-

Jimbo,

TUD had $7 million of cash as of Dec 31. They spent $30 million on drillin and overhead in their last fully reported year. We are 1/2 through 2024. Im sure yo can do the math.............theyre runnin on empyt......................

THat is why we are in TUO and some in AMK. Dont need to spend a dime until p[roduction decision made!