In 2016 American Creek partnered with a newly formed company named Tudor Gold Corp. It was evident that Treaty Creek is of the scale that requires an operator with the experience, expertise, and wherewithal to develop this potentially world class project. The President and CEO of Tudor, Walter Storm, is a very successful global businessman who financed the startup and development of Osisko Mining. With Storm’s financial support, Osisko developed the world class Canadian Malartic gold mine in Quebec, reaching a market capitalization of $4.50 Billion. Tudor has assembled a strong geological team (including the government regional geologist) and has the past experience, the technical ability, and the backing to discover the significant untapped potential of Treaty Creek. Storm’s done it before. He’s doing it again.
American Creek owns a fully carried 20% interest in Treaty Creek until a production notice is given. This means that the project will be advanced through its exploration and development stages with no cost or share dilution to American Creek while retaining a full 20% of the project.