|Red Chris Mine: M&I – 14.4Moz Au / 10.3 Bt Lbs Cu|
|Galore Creek: M&I – 9.3 Moz Au / 5.6 Bt Lbs Cu|
|Brucejack Mine: P&P – 5.8 Moz Au – high grade|
|KSM: P&P – 38.8Moz Au / 10.1 Bt Lbs Cu – largest undeveloped gold deposit in the world by reserves|
|Treaty Creek: Conceptual volume of 1Bn tonnes at close to 1 g/t gold plus copper / silver prior to 20,000 + drill program in progress|
|Dunwell Mine: Past producing high-grade gold mine|
American Creek holds a 20% fully carried interest in treaty creek until a production notice is given
A risky, hit-or-miss business.
Discovery - Sweet
Lower risk, highest reward.
Define resources, access value.
Point of maximun value creation
More drilling and analysis to determine size and feasibility.
Develop size and build a mine. Highest capital costs and longest lead times.
Mining & Selling
Extraction and treatment of ore.
Labour and capital intensive.
Returning mine site to its natual state.
“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 –
A 35,000m drill program in progress, combined with metallurgical test work and baseline environmental studies, will work towards a maiden NI 43-101 Resource Calculation and an initial economic assessment.
Designed to further test / drill existing IP targets and recent high-grade polymetallic discoveries on the fully owned past producing mine located just 8km by road from Stewart shipping ports. Tremendous potential for expansion along 5km of ultra-high-grade showings.
“This is a place where we hope we will find 10's of millions of ounces"
– Eric Sprott, May 29, 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.