American Creek Resources Ltd. (ACKRF)

[douginil]

The Next Mega Deposit in the Golden Triangle

American Creek Resources

February 10, 2021

[[ Thanks to Dave Jackson on Stockhouse ]]

British Columbia’s Golden Triangle mining region…rugged, rocky, remote. But the word remote is relative. 25 years ago, this resource-rich area tucked in the northwestern corner of the province had limited transportation access, an unreliable communications system, and little infrastructure. Thus, for most mining companies, exploring and developing mining operations was cost prohibitive.

As its name implies, BC’s prolific Golden Triangle has hosted many past producing gold mines, with several more in various stages of being brought into production. Now, one company in particular brings significant experience at the development and managerial level in the region, with an exceptional portfolio to boot.

That company is American Creek Resources Ltd. (AMK ) (TSX-V.AMK, OTCMKTS: ACKRF, Forum) – a well-positioned precious metals exploration company with high quality assets in significant mineral belts of BC, including three properties in the aforementioned Golden Triangle. A potential world class deposit is currently being developed at the Treaty Creek JV Project with Tudor Gold (TSX-V.TUD) located adjacent to Seabridge Gold and Pretium. In addition, the 100% owned past producing high-grade Dunwell Mine has shown indications of a substantial additional ore body beneath the historic workings.

AMK’s cornerstone Treaty Creek Project has both retail and institutional investors taking notice, including billionaire mining investment guru Eric Sprott to the tune of nearly $3 million in equity financing.

On December 13, 2019 Mr. Sprott commented:

"Treaty Creek has a great shot at having 20 million ounces, the holes are so deep, they have a thousand-meter holes that are running close to a gram a ton and it's wide open, so I'm very excited about the opportunity there".

He continues to put his money where his mouth is and has given another huge endorsement to the Treaty Creek project with this latest significant injection of cash. He also made two prior $1,000,000 investments in American Creek earlier in 2019.

And he upped the ante on July 24, 2020:

“It certainly looks like they have 20 million ounces and they could easily get to 30 or 40 or 50 million ounces (of gold)"


Read much, much more & view graphics at:
https://stockhouse.com/news/newswire/2021/02/09/the-next-mega-deposit-golden-triangle