American Creek - Drilling Treaty Creek For a 2nd World Class Gold Discovery in 2021

AGORACOM Small Cap CEO Interviews - Podcast tekijän mukaan AGORACOM

Kategoriat:

American Creek ( AMK:TSXV ) is located in one of the best mining  jurisdictions in the world in B.C. Canada. They are already partnered to  a world class discovery and just embarked on this years exploration  program to determine how big their Goldstorm deposit really is, and to  see if the deposit is not alone. There may yet be a whole storm of  deposits out there on the property. The Treaty Creek project is in the Golden Triangle on one of the  largest hydrothermal systems in the world. The “Sulphurets Hydrothermal  system” supports numerous world scale deposits, including the high-grade  Brucejack mine (opened 2017 by Pretivm) and Seabridge’s KSM which  boasts the largest undeveloped gold deposit by reserves in the world. The southern half of the system contains 188m oz gold, 1.2 bn oz silver, 55bn lbs. copper in resources. American Creeks Treaty Creek project is a Joint Venture. Tudor Gold  owns 3/5th, is the operator and controls all costs associated with  development and discovery. American Creek owns 20% and is fully carried  until a “Production Notice” is issued and benefits from a "free ride” on  any discovery, or discoveries made, to which there is one to date. In March the 1st the very first resource calculation was released for  Treaty Creek’s Goldstorm deposit. It is true world class, opening with  19.4m ounces of gold equivalent in Indicated and 7.9m Inferred. The  potential to grow with further drilling is substantial. A 2021 Phase 1, 30,00m, 4 drill program is underway to define where  the mineralization stops in order to truly define the scope of the  Goldstorm deposit. It is still open in all directions. Not too many  companies have the advantage of this position, let alone at no cost. There will be 2 more drills and 20,000 more metres added to the program later this summer targeting new discoveries. Last Year Eric Sprott said the following about the Goldstorm Deposit on Treaty Creek:” “It certainly looks like they have 20 million ounces and they could  easily get to 30 or 40 or 50 million ounces (of gold)" Eric Sprott, July  24, 2020 I wonder how many ounces he will be counting at the end of this drill campaign. Or will it be discoveries? Drop in and enjoy this illustrative narrative with Kelvin Burton of  American Creek and discover the world class scale of Treaty Creek.

Visit the podcast's native language site