American Creek Further Extends the Plan of Arrangement

 American Creek Resources (TSXV: AMK)

Has entered into a second amendment agreement with Cunningham Mining to amend the previously announced arrangement agreement between the Purchaser and the Company dated September 5, 2024, as amended December 30, 2024 pursuant to which, among other things, the Purchaser will acquire all of the issued and outstanding common shares of American Creek by way of a statutory plan of arrangement.

 

 

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American Creek map

 

 

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American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$99 m   @ 22c
Location Golden Triangle, B.C.
Website www.americancreek.com

 

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Comment

 

Just as I predicted, another delay, and I wonder why?

This is a novel approach to a financing, and I don’t think investors understand it nor are excited by it.

 

I have reduced my holding here and may sell the remainder whilst other gold producers are going up in value.

 

 

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Cardston, Alberta–(Newsfile Corp. – February 3, 2025) –American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF)(the “Company” or “American Creek“) announces that it has entered into a second amendment agreement (the “SecondAmendment Agreement“) with Cunningham Mining Ltd. (the “Purchaser“) to amend the previously announced arrangement agreement between the Purchaser and the Company dated September 5, 2024, as amended December 30, 2024 (the “Arrangement Agreement“) pursuant to which, among other things, the Purchaser will acquire all of the issued and outstanding common shares of American Creek by way of a statutory plan of arrangement (the “Arrangement“) under Division 5 of Part 9 of theBusiness Corporations Act(British Columbia).

Under the Second Amendment Agreement, the Outside Date (as defined in the Arrangement Agreement) has been extended from January 31, 2025 to March 15, 2025, provided the Purchaser pays the Company CAD$150,000 by February 20, 2025.

Thereafter, the Outside Date may be further extended from March 15, 2025 to April 30, 2025, provided the Purchaser pays the Company an additional US$2,000,000 by March 15, 2025, which date may be accelerated in certain circumstances. A copy of the Second Amendment Agreement will be available on the Company’s profile on SEDAR+ atwww.sedarplus.ca.

The extension fees payable under the Second Amendment Agreement, similar to the $300,000 signing fee paid by the Purchaser under the Arrangement Agreement, will be used by the Company for expenses incurred in connection with the Arrangement and working capital purposes.

For further information on the Arrangement, please see the Company’s news releases dated September 6, 2024, October 2, 2024, October 31, 2024, December 2, 2024, and December 31, 2024, which are available on American Creek’s profile on SEDAR+ atwww.sedarplus.ca.

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“Management considered a number of factors when negotiating this extension, including:

 

(i) while awaiting closing of the transaction, the Company is able to conduct all business and operate fully in the ordinary course;

 

(ii) the Company remains able to consider and, if deemed appropriate, approve a superior proposal under the terms of the Arrangement Agreement without a break fee being payable;

 

(iii) the original signing fee previously paid by the Purchaser has fully covered all of the Company’s legal and operating expenses associated with the pending Arrangement to date, including all normal course operating expenses, and together with the new extension fees, will fund the Company’s legal and operating expenses while we await closing of this transaction; and

 

(iv) we received an overwhelming mandate from shareholders at the Company’s recent AGM to move forward with this transaction.

 

Accordingly, we feel that this amendment and extension is in the best interests of the Company and we are committed to working with the Purchaser to close this transaction.”

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To read the full news release please click HERE

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The live gold price can be found HERE

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City Investors Circle is based in the financial district in the City of London

We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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This website is not sponsored, we are truly independent, and will always remain so.

Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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Disclosure

At the time of writing the author holds shares in American Creek

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To read our full terms and conditions, please click HERE




American Creek Resources Announces Mailing of Meeting Materials

American Creek  (TSX.V: AMK)

Announced that its management information circular and related meeting materials were mailed today, October 31, 2024, for its annual general and special meeting of the Company’s shareholders to approve, a statutory plan of arrangement involving American Creek and Cunningham Mining Ltd.

 

 

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American Creek Treaty Creek map

American Creek Resources – Treaty Creek

 

 

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American Creek TSX.v : AMK
Stage Exploration
Metals Gold
Market cap C$148 m   @ 33c
Location Golden Triangle, B.C.
Website www.americancreek.com

     

     

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    Cardston, Alberta–(Newsfile Corp. – October 31, 2024) – American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF)(the “Company” or “American Creek“) announces that its management information circular (the “Circular“) and related meeting materials were mailed today, October 31, 2024, for its annual general and special meeting (the “Meeting“) of the Company’s shareholders (the “Shareholders“) to approve, amongst other things, a statutory plan of arrangement (the “Arrangement“) involving American Creek and Cunningham Mining Ltd. (the “Purchaser“) under Division 5 of Part 9 of the Business Corporations Act (British Columbia) (“BCBCA“).

    The Arrangement is subject to the terms and conditions of an arrangement agreement (the “Arrangement Agreement“) summarized in the Company’s September 6, 2024 news release and more particularly described in the Circular.

    Under the terms of the Arrangement Agreement, among other things, the Purchaser will acquire all of the issued and outstanding common shares of American Creek at a price of $0.43 per share.

    The Circular and related Meeting materials have been publicly filed by American Creek under its issuer profile on SEDAR+ at www.sedarplus.ca.

    Prior to entering into the Arrangement Agreement, the board of directors of the Company unanimously determined that the Arrangement is fair to all securityholders of the Company (Shareholders, warrantholders and optionholders) and that the Arrangement and the entering into of the Arrangement Agreement were in the best interests of the Company.

    The board of directors of the Company recommends that Shareholders vote FOR the Arrangement.

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    The Meeting

    The Meeting will be held on Wednesday, November 27, 2024 at 17:00 UK time, (10.00  Vancouver Time) at 5th Floor, 410 West Georgia Street, Vancouver, British Columbia.

    At the Meeting, in addition to the typical general meeting items of business, Shareholders will be asked to consider, and, if deemed advisable, pass, with or without amendment, a special resolution of the Shareholders to approve the Arrangement (the “Arrangement Resolution“).

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    To read the full news release please click HERE

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    The live gold price can be found HERE

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    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

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    =======

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    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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    Disclosure

    At the time of writing the author holds shares in American Creek

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    To read our full terms and conditions, please click HERE




    American Creek Acquirer Receives Sprott Token Investment

    American Creek (TSX.V: AMK)

    Further to the press release of American Creek Resources Ltd. dated today, Eric Sprott announces that 2176423 Ontario Ltd., a company which Mr. Sprott beneficially owns, has entered into a support and voting agreement with Cunningham Mining Ltd. in connection with Cunningham Mining’s proposed acquisition of all of the issued and outstanding common shares of American Creek.

     

    American Creek

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    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$126 m   @ 28c
    Location Golden Triangle, B.C.
    Website www.americancreek.com

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    Eric Sprott Announces Voting Support Agreement for Cunningham Mining Ltd.’s Proposed Acquisition of American Creek Resources Ltd

     

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    September 06, 2024 3:52 PM EDT | Source: Eric Sprott

    Toronto, Ontario–(Newsfile Corp. – September 6, 2024) – Further to the press release of American Creek Resources Ltd. dated today, Eric Sprott announces that 2176423 Ontario Ltd., a company which Mr. Sprott beneficially owns, has entered into a support and voting agreement with Cunningham Mining Ltd. in connection with Cunningham Mining’s proposed acquisition (Transaction) of all of the issued and outstanding common shares of American Creek (Shares).

    Under the terms of the arrangement agreement dated September 5, 2024 between American Creek and Cunningham Mining, holders of Shares will receive $0.43 per Share in an all-cash transaction.

    Mr. Sprott, through 2176423 Ontario, holds 65,000,000 Shares representing approximately 14.5% of the outstanding Shares.

    Mr. Sprott holds the Shares for investment purposes and to support the Transaction and, depending on market or other conditions, may acquire additional securities of American Creek.

    If the Transaction does not proceed and/or the support and voting agreement is terminated, Mr. Sprott may acquire additional securities of American Creek including on the open market or through private acquisitions or sell the securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

    American Creek is located at 92 – 2nd Ave. West, Cardston, Alberta T0K 0K0. A copy of 2176423 Ontario’s early warning report will appear on American Creek’s profile on SEDAR+ at www.sedarplus.ca and may also be obtained by calling Mr. Sprott’s office at (416) 945-3294 (2176423 Ontario Ltd., 7 King Street East, Suite 1106, Toronto, Ontario M5C 3C5).

    To read the full news release please click HERE

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    The live gold price can be found HERE

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    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

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    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

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    Disclosure

    At the time of writing the author holds shares in American Creek

    .

    To read our full terms and conditions, please click HERE




    American Creek Aquisition to be Financed by Gold Tokens

    American Creek (TSX.V: AMK)

    Cunningham Mining Ltd, the acquiror of American Creek, announced the launch of its Nugget Trap Token (NGT) offering, priced at $0.60 USD per token.

     

     

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    American Creek map

     

     

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    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$126 m   @ 28c
    Location Golden Triangle, B.C.
    Website www.americancreek.com

     

     

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    Comment

    As an American Creek Shareholder I had mixed feelings abour being acquired, despite the healthy premium being offered, as I felt the higher gold price would lead to some corporate activity sooner or later.

    When I learned that this acquisition by Cunningham Mining is being funded by a token issuance, I started to have serious doubts as to whether they can pull this off.

    Details of the token are now emerging, and I still have doubts as to whether this idea will work.

    If it does work it breaks new ground for mining investment, if it doesn’t, the share price will halve in short order I would imagine. 

    I have considered selling my stock and buying the token, but decided against it for now, but am considering a small investment in the token, and I have applied for details.

    My final thought is that I have my doubts whether this acquisition will go through, and the market seems to agree with me as the share price is holding at around two thirds of the offer price, yet nobody is rushing in to try and make an easy buck.

    Not for widows or ophans.

     

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    Cunningham Mining Announces Nugget Trap Token Offering for 100M Units at $0.60 USD to Raise $60 million

    VANCOUVER, BC, Sept. 19, 2024 – Cunningham Mining Ltd is excited to announce the launch of its Nugget Trap Token (NGT) offering, priced at $0.60 USD per token.

    This innovative tokenization initiative aims to revolutionize the mining sector by providing a new financing model for mining operations by leveraging the Assets.

    Key Highlights:

    •   Issuance Size: 100,000,000 units for proceeds of $60M USD

    •   Token Offering Price: $0.60 USD per Nugget Trap Token (NGT)

    •   Purpose: To provide liquidity and financing options for mining operations through tokenization

    •   Backing: The NGT token is backed by the Placer Claim in-ground assets, including potential gold deposits and physical gold in the BC Golden Triangle of the Nugget Trap Placer Claim

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    CEO Statement: Ryan Cunningham, CEO of Cunningham Mining Ltd, stated, 

     

    “Our Nugget Trap Token offering represents a groundbreaking approach to financing in the mining industry.

    “By leveraging blockchain technology, we are creating a platform that allows mining companies to monetize their in-ground assets effectively.

    “This tokenization model not only provides liquidity but also offers tangible value to token holders.”

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    About Cunningham Mining:

    Cunningham Mining is a forward-thinking mining company, dedicated to transforming the mining sector through innovative financing solutions.

    The company’s flagship project, the Nugget Trap, is located in the Golden Triangle area of British Columbia.

    For more details visit: https://www.cunninghammining.com/

    For details of the Nugget Trap token offer, please click here

    To read the full article please click here

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    The live Spot gold price can be found HERE

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    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in American Creek.

    .

    To read our full terms and conditions, please click HERE




    Mining Review 15th September 2024

    Mining Review 15th September 2024

    Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over.

    American Creek was acquired by Cunningham Mining, as the takeover season hots up, with Centamin Egypt also being bought out, and Newmont sold out their interest in Haveiron to Greatland Gold.

     

     

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    Westgold

     

     

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    City Investors Circle Mining Review 15th September 2024

     

     

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    Gold reached a new intraday all-time high as anticipation of a US rate cut boiled over, and heightened political tensions over the west arming Ukraine with long range weapons to strike deep inside Russia.

    Silver also responded and other industrial metals turned positive after Russia threatened to cease the export of certain strategic metals to “unfriendly countries”.

    ——-

    American Creek was acquired by Cunningham Mining, as the takeover season hots up. This is a strange transaction as Cunningham is funding the takeover with a token issue, as opposed to raising capital via a share issue or simply paying cash.

    The takeover price is 43 cents, considerably higher than the share price on the day of the offer, over 100% in fact. The current share price of 27 cents is puzzling, and suggests that the market doubts that Cunningham can pull off the deal in my opinion.

    I wonder if there’s an opportunity here?

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    Centamin Egypt , listed in London, is also being bought out, by Anglogold Ashanti, and Newmont sold out their interest in Haveiron to Greatland Gold

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    Looking at the news from other companies on our watchlists, G Mining Ventures and Calibre Mining continue to churn out good news with regularity. Westgold also reported further good news during the week.

    To read the news in full for last week, please click on the links below to be taken to the full story.ive

      Calibre Mining Made a New Gold Discovery at Limon

      Westgold Reported Bonanza Gold Zone At Western Flanks

      G Mining Ventures Delivered PEA for Oko West Gold Project

      G Mining Ventures to Acquire the CentroGold Project from BHP

      American Creek Acquired by Cunningham Mining

      MIning Review 8th September 2024

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    Click here for all company news archives

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    Market Data

    Weekly % Price Changes

    (US$| unless stated)




    American Creek Acquired by Cunningham Mining

    American Creek Resources(TSX.V: AMK)

    Announced that it has entered into a definitive arrangement agreement dated September 5, 2024 with Cunningham Mining Ltd. pursuant to which CML has agreed to acquire all of the issued and outstanding common shares of American Creek at a price of $0.43 per Share in an arm’s-length, all-cash transaction valued at approximately $207 million on a fully diluted basis.

     

     

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    American Creek Treaty Creek map

    American Creek Resources – Treaty Creek

     

     

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    Cardston, Alberta–(Newsfile Corp. – September 6, 2024) – American Creek Resources Ltd. (TSX.V: AMK) (OTCQB: ACKRF)(the “Company” or “American Creek“) is pleased to announce that it has entered into a definitive arrangement agreement dated September 5, 2024 (the “Arrangement Agreement“) with Cunningham Mining Ltd. (“CML“) pursuant to which CML has agreed to acquire all of the issued and outstanding common shares of American Creek (the “Shares“) at a price of $0.43 per Share (the “Consideration“), in an arm’s-length, all-cash transaction valued at approximately $207 million on a fully diluted basis (the “Transaction“).

    The Transaction will be completed by way of a statutory plan of arrangement under theBusiness Corporations Act(British Columbia) (the “BCBCA“).

    The Consideration represents a 274% premium to the $0.115 closing price of the Shares on the TSX Venture Exchange (the “TSXV“) on June 5, 2024, being the last trading prior to the date that American Creek and CML entered into the previously announced non-binding letter of intent (the “LOI“) for the Transaction, which LOI has now been superseded by the Arrangement Agreement.

    In addition, the Consideration represents a 153% premium to the closing price of Shares on the TSXV on September 4, 2024 and a 155% premium based on American Creek’s 30-trading day volume weighted average price (“VWAP“) on the TSXV for the period ending September 4, 2024.

    Holders of outstanding options and warrants to purchase shares of American Creek will receive a cash payment for the “in-the-money” value, if any, in respect of all vested options and warrants of American Creek.

    The Company announced on August 6, 2024, that at that time it had received confirmation that CML has entered into a token subscription facility of up to US$153M for a 36-month term following a centralized exchange listing of the Cunningham Mining Token, the funds from which are expected to be used to fund CML’s financial obligations under the Arrangement Agreement.

     

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    Ryan Cunningham, President of CML, stated:

    “We are very excited to enter into this agreement to acquire American Creek.

     

    “The indirect acquisition in the Treaty Creek Property complements our existing portfolio of assets in the Golden Triangle. We look forward to the positive impact that the addition of the Treaty Creek Property will have on our upcoming NGTGOLD Token.”

     

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    Darren Blaney, CEO of American Creek, stated:

    “We are pleased and excited to enter into this agreement with Cunningham Mining.

     

    “I commend the team at Cunningham for recognizing the value of American Creek’s 20% carried interest in the Treaty Creek Project, in particular the expanding Goldstorm gold and copper deposit, and the mineral potential of the Treaty Creek Project as a whole.

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    To read the full news release please click HERE

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    The live gold price can be found HERE

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    =======

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in American Creek Resources.

    .

    To read our full terms and conditions, please click HERE




    American Creek’s JV Partner Drills 13.89 G/T Gold Eq

    American Creek Resources (TSX.V: AMK)

    Announced that project operator and JV partner Tudor Gold has produced the results of the first four holes totaling over 6,174 m of the planned 10,000-meter 2024 exploration program at Treaty Creek, located in the heart of the Golden Triangle of NW B.C.

     

     

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    American Creek map

     

     

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    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$83 m   @ 18.5c
    Location Golden Triangle, B.C.
    Website www.americancreek.com

     

     

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    Cardston, Alberta–(Newsfile Corp. – August 14, 2024) – American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”) is pleased to announce that project operator and JV partner Tudor Gold (“Tudor”) has produced the results of the first four holes totaling over 6,174 meters (m) of the planned 10,000-meter 2024 exploration program (the “Program”) at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

    Tudor plans to successfully complete the Program within the northeastern part of the Goldstorm Deposit by the end of the month.

    The first four drill-holes reported in this release specifically targeted the Supercell-One Zone (SC-1) which was identified earlier this year as representing a significant potential economic target within and expanding beyond the CS-600 Domain (see press releases dated February 2 and May 10).

    The results from the recent drilling strongly confirm this new discovery, characterizing a high-grade gold system that falls within an area that currently measures up to 800 m in length by 400 m in depth, with three sub-parallel structures that remain open in all directions and to depth.

     

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    Click the following links to:

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    To read the full news release please click HERE

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    The live gold price can be found HERE

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    =======

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds shares in American Creek.

    .

    To read our full terms and conditions, please click HERE




    Mining Review 16th June 2024

    Mining Review 16th June 2024

    A mildly positive week for gold and precious metals as the long running saga of when will the US cut rates this year continues, with an immediate cut looking out of the question currently.

    New from our watchlist was dominated by G Mining Ventures and West Red Lake Gold Mines, with two news items each, but others stole the show.

     

     

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    Calidus Resources

    Calidus’ Nullagine gold project, Pilbara, WA.

     

     

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    City Investors Circle Mining Review 16th June 2024

    A mildly positive week for gold and precious metals as the long running saga of when will the US cut rates this year continues, with an immediate cut looking out of the question currently.

    New from our watchlist was dominated by G Mining Ventures and West Red Lake Gold Mines, with two news items a piece, but others stole the show.

    The first was American Creek Resources, who received a non binding Letter Of Intent from privateley owned Cunningham Mining that it, or one of its Subsidiaries, would acquire all the shares in American Creek, subject to due dilligence .

    The consideration offered is 43 cents per share, a 274% premium to the share price on the day of announcement, and seems very generous, given premiums in other recent mining deals.

    We have to remember though that  AMK’s share of the Treaty Creek project is 20% of around 27 million ounces of gold currently, so quite a large resource, in a rising gold market, in a tier one jurisdiction.

    The puzzling aspect to this is the market reaction, with a near doubling of the price on the day, but still to only around half of the bid price, and then a slow drift back afterwards, to around the 18 cent mark, which is nowhere near the offer price.

    I am surprised that people aren’t buying this up to at least the mid 30 cent range for what seems like an easy win. I guess the reason will become apparent in the fulllness of time.

    G Mining Ventures commenced processing at their TZ project in Brazil, which pepped the share price a bit. The project remains on track and if commissioning goes well I expact a positive reaction share price wise, especially if the price if gold holds at the current levels.

    To read the full stories from our watchlist companies this week, please click the links below.

      Calidus Resources Announced a Maiden Resource for Nullagine Restart

      West Red Lake Gold Mines Poured a Gold Bar From Madsen Mill Cleanup

      G Mining Ventures Directors Recommend a Vote FOR the Arrangement

      G Mining Ventures Commenced Processing Ore at Tocantinzinho

      West Red Lake Gold Mines Intersected 16.69 g/t Au over 8m

      American Creek Resources Non-Binding LOI and Exclusivity With Cunningham

      Mining Review 9th June 2024

     

    Click here to view all historical archive reports

     

    Market Data

    Weekly Price changes

    (US$ unless stated)

    .

    Metal Prices Price Weekly % Change
    Gold price in UK £ 1843 2.05%
    Gold 2334 1.74%
    Silver 29.6 1.40%
    Palladium 895 -2.51%
    Platinum 970 -0.31%
    Rhodium 4560 -2.98%
    Copper 4.41 -2.00%
    Nickel 7.95 -3.28%
    Zinc 1.27 -1.55%
    Tin 15.03 3.94%
    Cobalt 12.06 -0.08%
    Manganese 5.55 1.65%
    Lithium 13162 -3.19%
    Uranium 86 -1.38%
    Iron Ore 106.7 -1.93%
    Coking Coal 326 0.00%
    Thermal coal 136 1.12%
     
    Metal ETFs Price                    Weekly % Change
    GLD 215.73 1.95%
    GDX 33.41 -0.39%
    GDXJ 41.85 -0.26%
    Sil 31.58 -0.41%
    SILJ 11.39 -0.87%
    GOEX  (PCX) 27.52 -0.65%
    URA 29.56 -1.34%
    COPX  44.32 -2.51%
    HUI  262.06 -0.40%
    Gold / Silver ratio 78.85 0.33%

     

    .

    Click HERE for live Spot Metal Prices 

    .

    =======

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    .

    To read our full terms and conditions, please click HERE




    American Creek Non-Binding LOI and Exclusivity With Cunningham

    American Creek  (TSX.V: AMK)

    Announced that it has entered into a non-binding and arm’s length letter of intent dated June 5, 2024 with Cunningham Mining Ltd., to engage in due diligence and negotiations regarding the terms of a proposed transaction whereby Cunningham, or a subsidiary of Cunningham, would acquire all of the issued and outstanding securities of the Company. 

     

     

    .

    American Creek

     

    .

    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$83 m   @ 18.5c
    Location Golden Triangle, B.C.
    Website www.americancreek.com

    .

    .

    .

    Consideration of $0.43 Cdn per Common Share represents a premium of approximately 274%

    .

    Cardston, Alberta–(Newsfile Corp. – June 6, 2024) – American Creek Resources Ltd. (TSXV: AMK) (“American Creek” or the “Company“), announces that it has entered into a non-binding and arm’s length letter of intent dated June 5, 2024 (the “LOI“) with Cunningham Mining Ltd. (“Cunningham“), a private British Columbia corporation, to engage in due diligence and negotiations regarding the terms of a proposed transaction (the “Proposed Transaction“) whereby Cunningham, or a subsidiary of Cunningham, would acquire all of the issued and outstanding securities of the Company.

     

    Through this proposed transaction, Cunningham would acquire control of the Company’s 20% fully carried interest in the Treaty Creek Property which has an Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ grading 1.19 g/t AuEQ and an Inferred Mineral Resource of 6.03 Moz of AuEQ grading 1.25 g/t AuEQ.

     

    If the parties agree to proceed with the Proposed Transaction, the Company expects the Proposed Transaction will be carried out by way of a court-approved plan of arrangement (the “Arrangement“) under theBusiness Corporations Act(British Columbia) (the “BCBCA“).

     

    The Company’s Board of Directors (the “Board“), after an extensive period of negotiation and consideration of various alternatives, has approved entry into the LOI, pursuant to which Cunningham proposes to acquire all the issued and outstanding securities of the Company, including all common shares of the Company (the “Common Shares“), at a price of $0.43 Cdn per Common Share, payable in cash (the “Consideration“).

     

    The Consideration represents a premium of approximately 274% to the $0.115 Cdn closing price of the Common Shares on the TSX Venture Exchange (the “TSXV“) on June 5, 2024 (the last trading day prior to the execution of the LOI).

     

    The LOI is non-binding and there can be no assurance that the Proposed Transaction contemplated by the LOI, or any other transaction, will be completed. Closing is subject to a number of conditions and uncertainties described below.

     

    .

    Darren Blaney, CEO of American Creek, stated:

     

    “We are excited that Cunningham has recognized the value and the potential of the Treaty Creek Property despite the tough junior market conditions we are currently experiencing.

     

    “We believe this proposed transaction may provide not only a liquidity event for our longstanding shareholders, but also represents an opportunity for shareholders to potentially realize a 250% plus premium to the present market valuation of their equity in the company.

     

    “We look forward to working with Cunningham to finalize a definitive agreement in due course that protects and provides value for our shareholders.”

     

    .

     

    Ryan Cunningham, CEO of Cunningham, stated:

     

    “With this pending future transaction Cunningham Mining is ushering in the next frontier in terms of tokenization and monetization of in ground mineral resources.

     

    “We are confident in the prospects of the gold, silver, and copper resources of the Treaty Creek Property and feel it will be a transformational addition to our upcoming NGTGOLD Token.

     

    Our team looks forward to the role it will play in the Golden Triangle as well as in the future of mining.”

    .

    Exclusivity

    The LOI provides for an exclusivity period ending at 4:00pm (Vancouver Time) on August 5, 2024 (the “Expiry Time“). Among other things, until the Expiry Time:

    • American Creek and Cunningham will deal exclusively with each other in good faith to complete all reasonable and customary due diligence and to negotiate the Definitive Agreement;
    • American Creek will continue to operate its business in the ordinary course, consistent with past practice;
    • American Creek will discontinue any existing discussions, and not initiate any discussion, regarding alternative transactions; and
    • American Creek and Cunningham will seek to negotiate a definitive agreement (the “Definitive Agreement“) setting out the terms of the Arrangement.

     

    .

    Superior Proposals

    Notwithstanding the exclusivity provisions of the LOI, the Board has negotiated customary carve outs for unsolicited, bona fide proposals that the Board determines, in good faith, would if consummated result in a superior transaction that is more favourable to shareholders of American Creek.

    Failure to participate in such discussions or negotiations would be inconsistent with the Board’s fiduciary duties.

    .

    To View American Creek’s historical news, please click here

    .

    ——-

    .

    To read the full news release please click HERE

    .

    City Investors Circle is based in the financial district in the City of London

    We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

    Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

    Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

    We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

    If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

    .

    =======

    ,

    This website is not sponsored, we are truly independent, and will always remain so.

    Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

    All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

    These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

    .

    Disclosure

    At the time of writing the author holds  shares in American Creek.

    .




    American Creek’s JV Partner Files Updated MRE

    American Creek Resources (TSX.V: AMK)

    Announced that project operator and JV partner Tudor Gold has filed the technical report for the updated Mineral Resource Estimate on the Goldstorm Deposit  at the flagship Treaty Creek Project located in the Golden Triangle region of British Columbia.

     

    .

    American Creek

     

     

    /

    American Creek TSX.v : AMK
    Stage Exploration
    Metals Gold
    Market cap C$56 m   @ 12.5c
    Location Golden Triangle, B.C.
    Website www.americancreek.com
    Comment
    I missed this announcement at the time, so posting now so we can keep up to date with American Creek’s news, at this very significant gold project.
    I do wonder how much more gold they need to define before they look to either move towards production or sell on to a miner large enough to develop the project?
    I would think their next door neighbour at Brucejack might be interested.

    .

      American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”) is pleased to announce that project operator and JV partner Tudor Gold (“Tudor”) has filed the technical report (the “Report”) for the updated Mineral Resource Estimate on the Goldstorm Deposit (the “MRE” or “2024 Treaty Creek MRE”) at the flagship Treaty Creek Project (the “Project”) located in the Golden Triangle region of British Columbia.

      The Report is entitled “NI 43-101 Technical Report, Treaty Creek Project, British Columbia”, with an effective date of April 5, 2024 and was prepared for Tudor Gold by Garth Kirkham Geosystems and JDS Energy & Mining Inc. (“JDS”).

      The Report is available under the Tudor’s profile on SEDAR at www.sedar.com or from the Tudor’s website at www.tudor-gold.com

      .

      Highlights of the 2024 Updated Mineral Resource Estimate for the Goldstorm Deposit:

      • Increased the Indicated Mineral Resource by 19% in gold equivalent ounces (AuEQ), consisting of a 16% increase in gold (Au), 14% increase in silver (Ag) and 32% increase in copper (Cu).
      • Indicated Mineral Resource of 27.87 million ounces (Moz) of AuEQ within 730.20 million tonnes (Mt) at a grade of 1.19 g/t AuEQ; comprised of:
        • 21.66 Moz of Au at 0.92 g/t, 128.73 Moz of Ag at 5.48 g/t, and 2.87 billion pounds (Blbs) of Cu at 0.18%.
      • Inferred Mineral Resource of 6.03 Moz of AuEQ within 149.61 Mt at a grade of 1.25 g/t AuEQ; comprised of:
        • 4.88 Moz of Au at 1.01 g/t, 28.97 Moz of Ag at 6.02 g/t, and 503.23 million pounds (Mlbs) of Cu at 0.15%.
      • The CS-600 domain, comprised of a monzodiorite intrusive stock and associated gold-copper porphyry system, constitutes a large part of the deposit with an Indicated Mineral Resource of 15.65 Moz of AuEQ within 400.29 Mt at a grade of 1.22 g/t AuEQ; consisting of:
        • 9.99 Moz of Au at 0.78 g/t; and 2.73 Blbs of Cu at 0.31%.
        • An 58% increase in the AuEQ ounces within the CS-600 domain.
      • The 2023 drilling improved our geologic understanding of the mineralization in the northern portion of the deposit. The NS-STK Domain was reinterpreted to be a NE-SW trending stockwork and is associated with the 300H Domain mineralization. This system has now been separated into its own mineral domain, named 300N.
      • Advanced metallurgical studies and refined the pit constrained and underground cutoff grades, increasing the pit constrained cutoff from 0.5 to 0.7 g/t AuEQ and the underground cutoff from 0.7 to 0.75 g/t AuEQ.
      • Substantially reduced the pit size which eliminated the necessity to remove the glacier and reduced the strip ratio.
      • The Goldstorm Deposit remains open to the south, north, northeast and at depth.

      ..

      ——-

       

      To read the full news release please click HERE

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      Disclosure

      At the time of writing the author holds shares in American Creek Resources.

      .

      To read our full terms and conditions, please click HERE




      Mining Review 12th November 2023

      Mining Review 12th November 2023

      The discovery of the week was the American Creek JV which reported finding a new gold system at Treaty Creek, British Columbia.

      Karora Resources reported strong Q3 financial results, and i-80 Gold signed a term sheet for the JV of Ruby Hill.

       

      .

      American Creek Treaty Creek map

      American Creek Resources – Treaty Creek

       

       

      City Investors Circle Mining Review 12th November 2023

      The discovery of the week was the American Creek JV which reported finding a new gold system at Treaty Creek, British Columbia.

      Karora Resources reported strong Q3 financial results, and i-8 Gold signed a term sheet for the JV of Ruby Hill.

       

        Karora Resources Reported Strong Results in Q3 2023

        West Red Lake Gold Upsized their Placement to C$13m

        Skeena Resources Eskay Creek DFS Conference Call

        i-80 Gold Signed a Non-Binding Term Sheet for the JV of Ruby Hill

        Calidus Appointed an Experienced Mining Operations Specialist as COO

        American Creeks’s JV Discovered a New Gold System

        Mining Review 5th November 2023

       

      .

      Market Data

      Weekly Price Changes

      (US$ unless stated)

       

      .Metal and ETF prices

      Gold price in UK £ 1585 -1.61%
      Gold 1938 -2.71%
      Silver 22.26 -4.13%
      Palladium 980 -12.50%
      Platinum 860 -8.70%
      Rhodium 4400 4.76%
      Copper 3.64 -0.55%
      Nickel 8 -0.87%
      Zinc 1.18 3.51%
      Tin 11.17 3.52%
      Cobalt 14.86 0.00%
      Manganese 2.85 0.00%
      Lithium 19814 -6.18%
      Uranium 74 0.00%
      Iron Ore 124.6 1.88%
      Coking Coal 300 -7.12%
      Thermal coal 109.5 -14.79%
      Magnesium 3101 -0.13%
      Lumber 489 -0.20%
      GDX 27.26 -7.50%
      GDXJ 32.86 -7.38%
      Sil 23.72 -5.72%
      SILJ 8.02 -8.34%
      GOEX  (PCX) 21.96 -7.89%
      GLD 179.51 -2.86%
      COPX 32.1 -5.70%

      .

      =======

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek, Calidus Resources, and i-80 Gold Corp.

      .

      To read our full terms and conditions, please click HERE




      American Creek’s JV Partner Intersects 1.48 g/t AUEQ Over 210m

      American Creek Resources (TSX.V: AMK)

      Announced that project operator and JV partner Tudor Gold has produced the second set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the Golden Triangle of BC.

      The highlight was 1.48 G/T AUEQ over 210m within 516m grading 1.19 G/T AUEQ.

       

      .

      American Creek

       

      .

      American Creek TSX.v : AMK
      Stage Exploration
      Metals Gold
      Market cap C$66 m   @ 15c
      Location British Columbia, Canada

       

      .

      .

       

      Cardston, Alberta–(Newsfile Corp. – August 16, 2023) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation” or “American Creek”) is pleased to announce that project operator and JV partner Tudor Gold (“Tudor”) has produced the second set of drill results for the 2023 exploration program (the “Program”) at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

      Since the beginning of this year’s Program, Tudor has successfully completed over 21,000 meters (m) of drilling, within areas encompassing the Goldstorm Deposit and the Perfectstorm Zone. The five drill holes reported in this release are located in the northeastern area of the Goldstorm Deposit. Click to view plan map and cross sections.

      .

       

      Ken Konkin, Tudor’s President and CEO, commented:

      “We are very pleased to confirm the continued expansion of the Goldstorm Deposit to the northeast.

       

      “Results from our northeastern-most step-out drilling from section 120+50 NE will certainly expand the volume of the deposit with AuEQ values well above the 0.7 gpt AuEQ underground resource estimate cut-off grade used for our deposit.

       

      “In addition, very large blocks within the previously estimated drill inferred category have been successfully intersected with very positive gold, copper and silver grades, which we believe will convert these blocks of mineralization into the drill Indicated category.

       

      Our goal is to increase the size of the resource without diminishing the grade. This will be a critical component to the Preliminary Economic Assessment (PEA) that we plan to complete once we have totally defined the Goldstorm Deposit.

       

      “We have completed five additional drill holes on the Goldstorm Deposit and three drill holes at the Perfectstorm target, which are currently in the lab. Results will be announced once they are received and compiled.

       

      “Crews have begun construction of drill pads required to pursue the northern aspects of the CS-600, 300H and DS5 domains for the 2024 drill program; these are beyond the scope and the time available to drill within our planned 2023 program.

       

      “Defining the shape and extent of each domain is necessary prior to determining a mine plan, which is essential for the PEA level and beyond.”

      .

      .

      To read the full news release, please click HERE
      .

      =======

      .

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek

      ..

      To read our full terms and conditions, please click HERE




      Mining Review 23rd July 2023

      Mining Review 23rd July 2023

      Gold and silver trod water this week, whilst iron ore, coking coal, and thermal coal all ended strongly positive.

      American Creek and Rumble Resources announced good exploration results, and Cabral Gold announced an NSR with Osisko Gold Royalties for $5m. 

       

      .

      i80 Gold

      I-80 Gold – Ruby Hill

       

       

      Archives

       News from our watchlist companies this week.

      We had two exploration successes announced this week, with both American Creek (via JV partner Tudor Gold), and Rumble Resources announcing good drill results.

      Perhaps the biggest news of the week was the deal announced by Cabral Gold, which has agreed a C$5 million investment from Osisko Gold Royalties for a 3% NSR, to assist the Feasability Study for their Brazilian gold project.

      Links to all this week’s news are highlighted in blue below, just click the link to read the full story.

       Calidus Resources Noosa Presentation

      Calidus presented at the Moosa Mining Conference, and the presentation is attached.  The company is improving performance after a shaky start to gold production at their Warrawoona Gold Mine, WA.

      .
      Skeena Updates on Near Term Catalysts
      Provided an update on several near-term catalysts expected to drive growth at its 100% owned Eskay Creek and Snip Projects, located in the Golden Triangle of northwest British Columbia, Canada.
      I-80 Announces C$32 M Private Placement
      Announced that it has entered into an agreement with CIBC Capital Markets to which the Underwriters have agreed to purchase on a bought deal private placement basis, 11,852,000 common shares of the Company at a price of $2.70 per Offered Share for gross proceeds of $32.0 million.
      .
      .
      Rumble Resources Intersected Potential 9KM Deposit
      Has intersected a potential 9-kilometre-by-3-kilometre zinc-lead deposit during RC drilling at the Earaheedy Project’s Sweetwater Trend.
      .
      American Creek’s JV Partner Intersected Wide Gold Intervals
      Announced that project operator and JV partner Tudor Gold has produced the first set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of NW BC.
      .
      Cabral Enters into NSR Royalty Agreement with Osisko Gold Royalties
      Has entered into a royalty agreement with Osisko Gold Royalties Ltd. (TSX: OR) pursuant to which Osisko has agreed to purchase a 1% net smelter return royalty on the Cuiú Cuiú gold project for a cash consideration of US$5 m.
      .
      Mining Review 16th July 2023

      Gold had a better week after poor US employment numbers, base metals were largely positive despite Chinese economic concerns.   Calidus Resources, Cartier Resources, and i-80 Gold all reported good drill results.

      Market Data

      Weekly Price Movements

      (US$ Unless stated)

      .

      Metal and Index Prices

      Gold price in UK £ 1527 2.19%
      Gold 1962 0.31%
      Silver 24.63 -1.32%
      Palladium 1296 1.73%
      Platinum 964 -2.13%
      Rhodium 4050 -6.90%
      Copper 3.88 -0.26%
      Nickel 9.6 0.10%
      Zinc 1.09 -2.68%
      Tin 13.27 -0.67%
      Cobalt 14.85 0.00%
      Manganese 3 0.33%
      Lithium 40092 -3.76%
      Uranium 55.75 -0.45%
      Iron Ore 115.2 3.83%
      Coking Coal 236 4.89%
      Thermal coal 140 9.38%
      Magnesium 3067 -1.13%
      Lumber 545 -5.55%
      GDX 31.49 -1.47%
      GDXJ 37.91 -1.20%
      Sil 27.45 -0.69%
      SILJ 10.25 -0.29%
      GOEX  (PCX) 26.11 -1.95%
      GLD 182.18 0.41%
      COPX 38.98 -2.21%

      .

      .

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek Resources, and i-80 Gold Corp.

      ..

      To read our full terms and conditions, please click HERE




      American Creek’s JV Partner Intersects Wide Gold Intervals

      American Creek (TSX.V: AMK)

      Announced that project operator and JV partner Tudor Gold has produced the first set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of NW British Columbia.

       

      .

      American Creek Treaty Creek map

      American Creek Resources – Treaty Creek

       

       

      .

      American Creek TSX.v : AMK
      Stage Exploration
      Metals Gold
      Market cap C$66 m   @ 15c
      Location British Columbia, Canada

      .

      .

       

      Highlights Include 1.31 g/t AuEQ over 337.5 Meters in Hole GS-23-167 and 1.01 g/t AuEQ over 412.5 Meters in Hole GS-23-164

      .

      .

      Cardston, Alberta–(Newsfile Corp. – July 11, 2023) – American Creek Resources Ltd. (TSX.V: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”) is pleased to announce that project operator and JV partner Tudor Gold (“Tudor”) has produced the first set of drill results for the 2023 exploration program (the “Program”) at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of Northwestern British Columbia.

      Since the beginning of this year’s Program, Tudor has successfully completed over 12,000 meters (m) of drilling, within areas encompassing the Goldstorm Deposit and the Perfectstorm Zone. The five drill holes reported in this release are located in the northeastern area of the Goldstorm Deposit. Click to view plan map and cross sections.

      .

      .

      Darren Blaney, CEO of American Creek commented:

      “It looks like we are off to a great start with the 2023 drill program. More step outs with wide intervals of strong mineralization and another significant expansion of the Goldstorm.

       

      “What’s not to like?”

      .

      .

       

      Ken Konkin, Tudor’s President and CEO, commented:

      “We are very pleased to report the discovery of continued strong gold, silver, and copper mineralization outside the previously defined resource area with 150-m step-out holes GS-23-164 and GS-23-167.

       

      “The overall strength and consistency of the Goldstorm system continues to amaze our technical team as the deposit remains open in all directions and at depth.

       

      “Our continued success of these critical first-round results has prompted us to build several more drill pads designed to test all northern aspects to all domains as there appears to be no end in-sight to the Goldstorm Au-Cu-Ag mineralization as of yet.

      .

      “Equally important was the success of definition hole GS-23-168 within a vast block of the 300H Domain. The goal is to increase drilling density to potentially upgrade this large block into the Indicated category from the Inferred category of the Mineral Resource.

       

      “GS-23-168 intersected 309.0 m of 1.02 g/t AuEQ including an enriched portion averaging 1.40 g/t AuEQ over 204.0 m, with a core of 1.99 g/t AuEQ over 75 m.

       

      “Based on these very encouraging results, we have decided to pursue the northern aspects of the Goldstorm Deposit with five drill rigs, leaving one exploration rig to further drill-test the Perfectstorm Zone.”

      .

      .

      To read the full news release, please click HERE

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek Resources

      ..

      To read our full terms and conditions, please click HERE

       




      Mining Review 11th June

      Mining Review 11th June 2023

      Wesdome Gold Mines confirmed they have suspended activities at their Kiena mine due to the wildfires raging in Canada. Calidus Resources, Maple Gold, Orla Mining and O3 Mining all reported news.

      Gold held steady despite more FED rate rise speculation.

       

       

      .

      Orla Mining

      Orla Mining Cerro Quema Project, Panama.

       

      .

      Mining Review 11th June

      Wesdome Gold Mines confirmed they have suspended activities at their Kiena mine due to the wildfires raging in Canada, as a precaution, despite hte fires being around 60 miles away currently.

      Other mining companies active in Ontario and Quebec have suspended exploration activities to ensure staff safety.

      The fires are out of control and burning over a huge area, causing widespread disruption in the USA, particularly in New York where flights are being suspended and air quality is considered dangerous.

      Gold held steady despite more FED rate rise speculation, but silver had a storming week in comparison.

      .

      There were some good drill results from O3 Mining and Maple Gold this week, please click on the links below for the full story.

      Wesdome Gold Mines Suspended Kiena Acitivities Due to Fires

      O3 Mining Intersected 4.0 g/t Au Over 36.5 M at Marban
      American Creek’s JV Partner Provided an Exploration Update
      Maple Gold Intersected 5.8 G/T Gold Over 2 m
      Calidus Resources Completed Securities Purchase Plan
      Orla Mining’s Cerro Quema Project is Targeted by Activists
      Mining Review 4th June 2023
      .
      .
      .

      Market Data

      Week on week price changes

      (US$ unless stated)

      .
      .

      Metal Prices

      Gold price in UK £ 1560 -0.51%
      Gold 1961 +0.67%
      Silver 24.29 +2.84%
      Palladium 1333 -6.19%
      Platinum 1026 +1.79%
      Rhodium 6200 -4.62%
      Copper 3.74 +0.54%
      Nickel 9.58 +1.27%
      Zinc 1.08 +4.85%
      Tin 11.77 +1.47%
      Cobalt 13.08 0.00%
      Manganese 3.13 +2.29%
      Lithium 42845 +5.46%
      Uranium 55.5 +1.65%
      Iron Ore 111.3 +8.90%
      Coking Coal 224 0.00%
      Thermal coal 145 +10.69%
      Magnesium 3094 -5.93%
      Lumber 365 +1.39%
      .

      Metal ETFs

      GDX 31.08 -1.05%
      GDXJ 37.41 -0.43%
      Sil 27.3 -0.69%
      SILJ 9.78 -2.00%
      GOEX  (PCX) 25.4 -0.70%
      GLD 182.04 0.55%
      COPX 37.6 0.72%

      .

      .

      =======

      .

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek Resources, Calidus Resources, Orla Mining, and O3 Mining.

      .

      To read our full terms and conditions, please click HERE




      American Creek’s JV Partner Provides Exploration Update

      American Creek Resources (TSX.V: AMK)

      Reported that project operator and JV partner Tudor Gold  has announced that significant drilling progress has been made on its 2023 exploration program at Treaty Creek, located in the Golden Triangle of British Columbia. 

       

      .

      American Creek

       

       

      .

      American Creek TSX.v : AMK
      Stage Exploration
      Metals Gold
      Market cap C$75 m   @ 17c
      Location British Columbia, Canada

      Cardston, Alberta–(Newsfile Corp. – June 7, 2023) –American Creek Resources Ltd. (TSXV: AMK) (OTCQB: ACKRF) (“the Corporation” or “American Creek”)is pleased to report that project operator and JV partner Tudor Gold (“Tudor”) has announced that significant drilling progress has been made on its 2023 exploration program (the “Program”) at its flagship property, Treaty Creek, located in the Golden Triangle of Northwest British Columbia.

      To date, Tudor has successfully completed over 5,400 meters of infill and step-out drilling, which forms part of a larger diamond drilling campaign spanning at least 25,000 meters. Currently, there are four drill-rigs in operation.Click to view plan map with drill hole locations.

      The first hole of the season,GS-23-164, a 150-meter step-out to the northeast has successfully reached its intended depth, intersecting the DS-5 Zone. This intersection revealed mineralization and veining from 558 m to 1,083 m, including a consistently observed, strongly altered, stockwork vein zone from 885 m to 972 m, similar to previous DS-5 holes.

      Another noteworthy drill-holeGS-23-167, a 170-meter step-out, recently entered the CS-600 Zone intercepting disseminated chalcopyrite with minor copper sulphosalts and several semi-massive chalcopyrite veinlets associated with strong silicification and potassic alteration.Click to view core photos. The Goldstorm system is now approaching 2,000 meters in length along the NE axis and remains open in all directions and at depth.

      Based on the exciting results of holes GS-23-164 and GS-23-167, another step-out drill hole,GS-23-169, was collared and is currently at 357 m of a planned 1200 m depth targeting a further 150 m NE step out from GS-23-167 of the CS-600 Zone. Furthermore, Tudor’s technical team is planning to construct two additional drill pads for future drilling activities located at approximately 150 and 300 meters further to the northeast. These new drill pad locations will enable continued exploration of gold-copper mineralization targeting the north and northeast extensions of the CS-600 and DS-5 zones.

      In addition to the step-out holes, two infill holes are currently targeting areas of the Goldstorm Deposit to convert inferred resources to the indicated category. HoleGS-23-166-W1, is at 570 m of a planned 1150 m depth and targeting a pocket of inferred CS-600 ounces, as well as a northward expansion of the DS-5 zone. HoleGS-23-168is at 1008 m of a planned 1800 m depth and targeting the deep CS-600 zone infilling between holes GS-22-157 and GS-21-113-W2.

      Results from the Program will be provided by Tudor once final assays are received and compiled.

      .

      .

      Ken Konkin, President and CEO of Tudor Gold, commented;

      “The safe and efficient start-up of 2023 exploration campaign has been a huge success.

       

      “We thank our good neighbours at the Brucejack Mine for allowing our ground crews to mobilize drills, equipment and supplies over our winter road by utilizing the Brucejack Mine access road. We have successfully completed this exercise over the past few years and we very much appreciate the assistance to allow our crews to safely get the job done.

       

      “The recent drill intercept in our northeastern most hole GS-23-167 has prompted our technical team to construct more drill pads to target the northeastern aspect of the deposit as clearly the CS-600 domain continues to expand in this direction.

       

      “Pad builders are now completing several set-ups for the two-remaining drill-rigs that are committed to drill the Perfectstorm Zone which lies equi-distant between our Goldstorm Deposit and Seabridge Gold’s Iron Cap Deposit. We anticipate the start-up of the two rigs at Perfectstorm over the next 2-3 weeks.”

      .

      To read the full news release, please click HERE

      =======

      .

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek

      .

      To read our full terms and conditions, please click HERE




      Mining Review 7th May 2023

      Mining Review 7th May 2023

      The FED rate hike dominated the markets this week, up .25% as gold fell on the news, later recovering a little.

      American Creek, Cartier Resources, Eloro, Goldshore, and Minera Alamos all made news this week. 

       

       

      .

       

       

      .

      City Investors Circle Mining Review 7th May 2023

       

      The FED .25% rate hike dominated the news this week and despite the rise, and the potential for more rate increases, gold ended up in positive territory, up over 1% week on week at $2016.

      Silver is also enjoying the positivity, up 2.4%, whilst the PGM’s were down, due to a decrese in Chinese economic output.

       

       

      Companies on our watchlist in the news this Week

      American Creek reported that JV partner Tudor Gold has filed a 43-101, and Goldshore reported preliminary Mettalurgy results for Moss Gold.

       

      Click the links below for the full story.

       City Investors Circle Celebrates the Coronation of King Charles 3rd

        Cartier Resources Cuts two New Zones at Chimo Mine Project

        Goldshore Preliminary Metallurgy Results for Moss Gold

        Minera Alamos earns $5.6-million in 2022

        American Creek’s JV Partner Tudor Gold Files NI 43-101

        Eloro Commences Trading on the TSX Main Board

        April 2023 Market Review Published

      Read more: http://www.city-investors-circle.com/archives/#ixzz80ydTPaVS

       

      Market Data 

      Week on week price changes

      US$ unless stated

       

      Gold price in UK £ 1599 -0.06%
      Gold 2016 1.36%
      Silver 25.66 2.44%
      Palladium 1494 -0.53%
      Platinum 1061 -1.49%
      Rhodium 7850 -9.77%
      Copper 3.87 0.78%
      Nickel 11.39 6.15%
      Zinc 1.18 0.00%
      Tin 12.25 4.08%
      Cobalt 15.54 0.00%
      Manganese 3.25 0.00%
      Lithium 23360 2.63%
      Uranium 53.7 3.07%
      Iron Ore 103.9 1.86%
      Coking Coal 245 -0.81%
      Thermal coal 181 -4.74%
      Magnesium 3860 0.13%

       

      .

      =======

      .

      If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek, Eloro Resources, Goldshore Resources, and Minera Alamos.

      ..

      To read our full terms and conditions, please click HERE




      Market Review for March 2023 Published

      Market Review March 2023

      Lithium continues to fall in price despite the increasing coming of the EV age.

      Companies featured include Karora Resources, Orla Mining, American Creek, and a few links to noteworthy news from selected companies on our watchlist.

       

       

      .

      .

      .

      .

      City Investors Circle Market Review – March 2023

       

      .

      Monthly Market Review March 2023

      Lithium continues to fall in price despite the increasing coming of the EV age.

      Companies featured include Karora Resources, Orla Mining, American Creek, and a few links to noteworthy news from selected companies on our watchlist.

       

      To read the March Review, please click HERE

       

      To register to receive our Monthy Market review, and invitations to our free to attend events, please email andrew@city-investors-circle.com

      .

      .

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in Orla Mining, Karora Resources, and American Creek Resources.

      .

      .

      To read our full terms and conditions, please click HERE

       

       

       

       

       




      Mining Review 19th March 2023

      Mining Review 19th March 2023

      US bank run concerns propelled gold higher this week, as investors moved to safety.

      American Creek, Colonial Coal, Japan Gold, Newcore Gold, and Rumble Resources all released news this week.

      .

      .

      .

      Global Mining Finance

      Ariana Resources’ Chris Sangster addresses a full house at the Global Mining Finance Conference amid the splendour of The Armourers’ Hall.

      .

      .

      .

      City Investors Circle Mining Review 19th March 2023

      .

      .

      US bank run concerns propelled gold higher this week, as QE returns, and future rate hikes look doubtful in the longer turn.

      Gold enjoyed a huge leap as investors ran for cover, as did Bitcoin.

      .

      .

      Turning to the stocks we follow,

      American Creek, Colonial Coal, Japan Gold, Newcore Gold, and Rumble Resources all released news this week.

      To read the full stories please click on the links below;

        Global Mining Finance Spring Conference Date Announced

        Japan Gold Commences Mizobe Drilling

        Rumble Resources New Corporate Presentation

        American Creek JV Tudor Gold Presentation

        Newcore Gold Announced an Updated MRE for Enchi

        Colonial Coal Announced an IR Partnership

        Mining Review 12th March 2023

      Read moreIChttp://www.city-investors-circle.com/archives/#ixzz7wMM8sQ

      .

      .

      Market Data

      Week on week price changes

      (All US $ unless stated)

      .

      Metal Prices

      Gold price in UK £ 1635 +5.35%
      Gold 1988 +6.42%
      Silver 22.61 +10.02%
      Palladium 1423 +2.67%
      Platinum 987 +1.54%
      Rhodium 8800 -4.86%
      Copper 3.87 -3.25%
      Nickel 10.27 -2.47%
      Zinc 1.3 -3.70%
      Tin 10.08 -3.36%
      Cobalt 15.2 0.00%
      Manganese 3.41 -4.48%
      Lithium 38173 -6.92%
      Uranium 49.75 -2.64%
      Iron Ore 127.2 -2.15%
      Coking Coal 340 0.00%
      Thermal coal 180 -3.74%
      Magnesium 3129 -0.64%

      .

      .

      =======

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek, Colonial Coal, Newcore, and Rumble Resources.

      .

      .

      To read our full terms and conditions, please click HERE




      American Creek JV Corporate Update

      American Creek Resources  (TSX.V: AMK)

      Reported that project operator and JV partner Tudor Gold has provided a corporate update on the joint venture Treaty Creek gold-copper project, located in the heart of the prolific Golden Triangle Mining Region of Northwestern British Columbia. 

      .

      .

      .

       

      American Creek

      .

       

      .

      American Creek TSX.v : AMK
      Stage Exploration
      Metals Gold
      Market cap C$55 m   @ 12.5c
      Location British Columbia, Canada

       

      .

      .

      .

      .

      Cardston, Alberta–(Newsfile Corp. – January 26, 2023) – American Creek Resources Ltd. (TSXV: AMK) (“the Corporation” or “American Creek”) is pleased to report that project operator and JV partner Tudor Gold has provided a corporate update on the joint venture Treaty Creek gold-copper project (the “Property“) located in the heart of the prolific Golden Triangle Mining Region of Northwestern British Columbia.

      .

      .

      Ken Konkin, President and CEO of Tudor Gold, stated:

      “Our Treaty Creek Project possesses the potential for several years of exploration to host another Goldstorm Deposit with numerous recently discovered, significant Au-Cu-Ag targets.

       

       

      “Our largest drill target, Perfectstorm lies on-trend and is equidistant from our Goldstorm Deposit and Seabridge Gold’s Iron Cap Deposit at a distance of 2.5 kilometers to each deposit.

       

       

      “The Perfect Storm system holds a very high priority as a drill target, however, our top priority is to drill off the Goldstorm Deposit with the focus on the CS-600 copper-gold-silver domain, as it remains open in all directions and at depth.”

      .

      .

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/682/152569_americancreekfigure1_550.jpg

      Image of mineralized zones on Treaty Creek

      Corporate Update on the Goldstorm Mineral Resource Estimate and Project Development

      .

      .

      Tudor Gold Reported:

      “Tudor Gold continues to move forward on an updated Mineral Resource Estimate (MRE) for its Goldstorm Deposit at Treaty Creek by completing an updated geologic model and advancing the understanding of the mineral distribution at Goldstorm.

       

       

      “The company anticipates that the MRE update will be announced within Q1 2023 and is expected to focus on higher grades to increase the overall quality of gold, silver, and copper resources.

       

      “Recent construction of an exploration access road by our heavy equipment operators has connected the property’s lower camp to the weather station area located two kilometers downstream from the lower camp.

       

       

      “It is expected that this road will be further extended in order to connect to Seabridge’s Tailings Access Road. Seabridge Gold has made excellent progress in connecting their tailing site which is located 17 kilometers from Highway 37, including a large bridge that crosses the Bell Irving River, at no cost to Tudor Gold.

       

      .

      “The construction of this tailings access road is expected to be completed later in 2023. Once the 17-kilometer Seabridge Tailings access road is completed, only a 14-kilometer road will remain to be built, which is completely permitted for construction.

       

       

      “Following completion of all road construction it is expected that the company’s Treaty Creek Project will have year-round all-season vehicle access. In addition, it is the company’s understanding that Seabridge also plans to bring in a power line to their tailings site area bringing additional infrastructure much closer to our claim boundary.”

      .

      .

      .

      .

      .

      Cannot view this image? Visit: https://images.newsfilecorp.com/files/682/152569_americancreekfigure2_550.jpg

      .

      .

      For brevity, this summary has been redacted, to read the full news release, please click HERE

      .

      .

      =======

      .If you need clarification of any information contained in this note, or have any questions, I will be delighted to assist – Please email andrew@city-investors-circle.com

      =======

      .

      City Investors Circle is based in the financial district in the City of London

      We present interesting and exciting junior mining companies listed on the ASX and TSX stock exchanges to a group of city professionals, and private investors, all of whom are active investors with a mandate to invest in junior mining companies.

      Our audience is selected and invited individually to ensure interest and relevance for the presenting company.

      Meetings are non deal, small group, highly focused and engaged, with a lively Q and A to follow the main presentation.

      We create awareness, and maintain interest in presenting companies by disseminating their future news to our entire investor group via email, social media, and our Monthly Review newsletter.

      If you wish to present to our select group of active mining investors, please email andrew@city-investors-circle.com

      .

      =======

      ,

      This website is not sponsored, we are truly independent, and will always remain so.

      Companies featured here have either presented to the Circle in London, or have been selected because they are considered to have interesting projects, in good jurisdictions, run by an experienced management team.

      All information used in the preparation of this communication has been compiled from publicly available sources that we believe to be accurate and reliable, however, we cannot, and do not, guarantee the accuracy or completeness of this.

      These articles are for awareness and informational purposes only, and are not recommendations in any form.  Always consult an investment professional.

      .

      .

      Disclosure

      At the time of writing the author holds shares in American Creek.

      .

      .

      To read our full terms and conditions, please click HERE

      .

      .