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Goldstorm – Initial Resource Calculation of *27.3 Million Ounces Gold in BC’s Prolific Golden Triangle

Goldstorm is being developed on American Creek's JV Treaty Creek property

group 203 Red Chris Mine:  M&I – 14.4Moz Au / 10.3 Bt Lbs Cu
group 208 Galore Creek:  M&I – 9.3 Moz Au / 5.6 Bt Lbs Cu
group 211 Brucejack Mine:  P&P – 5.8 Moz Au – high grade
group 203 KSM:  P&P – 38.8Moz Au / 10.1 Bt Lbs Cu – largest undeveloped gold deposit in the world by reserves
group 217 Treaty Creek: Geological & geophysical indication of KSM scale with better logistics, 45,600 drill program recently completed. Resource Calculation pending.
group 219 Dunwell Mine: Past producing high-grade gold mine
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Corporate presentation

 

Highlights

Hover Over Highlights

 

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Politically safe jurisdiction
   
British Columbia: World class mining jurisdiction for development.
Golden Triangle: Excellent First Nations relationships in place.
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Eric Sprott large investor
   

Sprott is the largest external investor in the Treaty Creek project.  Stated in July 2019 this opportunity is similar to when he bought Seabridge for one dollar.
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Part of a string of world scale deposits
   
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Checking all the right boxes for development
   

GOLDSTORM DEPOSIT ON TREATY CREEK 

  • 20km to highway and high-power transmission lines @ 5C/Kwh CAD
  • 150km down highway to west coast bulk tonnage shipping ports (year around)
  • Water source available
  • 300m deep enriched gold zone starting close to surface
  • Primarily a Gold deposit with copper & silver
  • Geology and geophysics indicate potential for significant expansion
  • One of possibly numerous district-scale deposits on Treaty Creek

 

Resource Estimate Pending

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American Creek holds a 20% fully carried interest in treaty creek until a production notice is given

 

THE POINT OF DISCOVERY

  1. Prospecting

    Grassroot exploration. 
    A risky, hit-or-miss business.

    01

  2. Discovery - Sweet

    Lower risk, highest reward.
    Define resources, access value.
    Point of maximun value creation

    02

  3. Proven Reserve

    More drilling and analysis to determine size and feasibility.

    03

  4. Build mine

    Develop size and build a mine. Highest capital costs and longest lead times.

    04

  5. Mining & Selling

    Extraction and treatment of ore.
    Labour and capital intensive.

    04

  6. Reclamation

    Returning mine site to its natual state.

    04



The Goldstorm is so massive it will need to be acquired by a major, likely around the “Proven Reserve” stage listed above. The 2020 season promises to be the beginning of the “Point of Maximum Value Creation” on the timeline.

American Creek is debt free and funded through the end of 2022

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

 – Eric Sprott 2019 –

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AMERICAN CREEK IS SPLITTING INTO TWO COMPANIES

All AMK shareholders will receive a pro-rata percentage of the new company Stinger Resources. Stinger will add value as investors will keep their AMK shares and be given Stinger shares as well. Both companies will be debt free and funded through the end of 2022 or beyond.

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Treaty 2021
Program

In 2020, a 45,600m drill program was completed, combined with metallurgical test work and baseline environmental studies, will work towards a maiden NI 43-101 Resource Calculation and an initial economic assessment.

 
 

The Maiden Resource Calculation is pending. After it is released there will be details concerning the 2021 drill program which will include expanding the Goldstorm deposit and doing exploration on the Perfect Storm Zone.

“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 –

Information concerning other deposits in the Golden Triangle has not been independently verified by American Creek and many not be indicative of what is discovered on Treaty Creek. Jim McCrea P.Geo

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