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VIDEO – American Creek $AMK: Drilling Treaty Creek For a 2nd World Class Gold Discovery in 2021 $TUD.ca $ESK.ca $SEA.ca $PVG $AOT

Posted by AGORACOM-Eric at 7:00 PM on Sunday, June 13th, 2021
American Creek Provides Update on Its First Quarter Filings

American Creek ( AMK:TSXV ) is located in one of the best mining jurisdictions in the world in B.C. Canada. They are already partnered to a world class discovery and just embarked on this years exploration program to determine how big their Goldstorm deposit really is, and to see if the deposit is not alone. There may yet be a whole storm of deposits out there on the property.

The Treaty Creek project is in the Golden Triangle on one of the largest hydrothermal systems in the world. The “Sulphurets Hydrothermal system” supports numerous world scale deposits, including the high-grade Brucejack mine (opened 2017 by Pretivm) and Seabridge’s KSM which boasts the largest undeveloped gold deposit by reserves in the world.

The southern half of the system contains 188m oz gold, 1.2 bn oz silver, 55bn lbs. copper in resources.

American Creeks Treaty Creek project is a Joint Venture. Tudor Gold owns 3/5th, is the operator and controls all costs associated with development and discovery. American Creek owns 20% and is fully carried until a “Production Notice” is issued and benefits from a “free ride” on any discovery, or discoveries made, to which there is one to date.

In March the 1st the very first resource calculation was released for Treaty Creek’s Goldstorm deposit. It is true world class, opening with 19.4m ounces of gold equivalent in Indicated and 7.9m Inferred. The potential to grow with further drilling is substantial.

A 2021 Phase 1, 30,00m, 4 drill program is underway to define where the mineralization stops in order to truly define the scope of the Goldstorm deposit. It is still open in all directions. Not too many companies have the advantage of this position, let alone at no cost.

There will be 2 more drills and 20,000 more metres added to the program later this summer targeting new discoveries.

Last Year Eric Sprott said the following about the Goldstorm Deposit on Treaty Creek:”

“It certainly looks like they have 20 million ounces and they could easily get to 30 or 40 or 50 million ounces (of gold)” Eric Sprott, July 24, 2020

I wonder how many ounces he will be counting at the end of this drill campaign. Or will it be discoveries?

Drop in and enjoy this illustrative narrative with Kelvin Burton of American Creek and discover the world class scale of Treaty Creek.

Candente Copper $DNT.ca Provides Update for Ausenco Conceptual Desk Top Study on Cañariaco Norte $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-Eric at 8:27 AM on Monday, April 19th, 2021
  • Ausenco Update for Conceptual Desk Top Study on Cañariaco Norte

Candente Copper Corp. (TSX:DNT, BVL:DNT) (“Candente Copper”, “Company”) is pleased to announce that the Desk Top Conceptual Study (“Study”) that is being conducted by Ausenco is advancing well. The mandate of the study is to identify opportunities for Cañariaco Norte to be built as a smaller higher grade project with a lower initial capital expenditure (“CapEx”) and accelerated payback period.

In addition to seeking a higher copper grade for the starter pit, we are investigating other opportunities to lower the CapEx and operational expenditures (“OpEx”) and consider better environmental, social and governance (“ESG”) practices.  All of the Desk Top work considers the potential for expansion into a larger project over time.

“While the work has taken up more time than we initially anticipated, the opportunities already identified by Ausenco to improve the project are well worth the wait.” says Joanne Freeze, President and CEO. “A more comprehensive Desk Top Study will allow the Company to follow it with a preliminary economic assessment (“PEA”) on the best possible project and we are already seeing detailed optimizations that should make substantial improvements to the project”.

Work to date has focused on:

  1. Geometallurgical modelling which identifies both a wider range of metal contents in the different rock types and a wider range of metal recoveries to concentrate from the various rock types.  Combining these two aspects allows the forecast of concentrate quality followed by production that offers more flexibility and the ability to plan mine scheduling to optimize project value.  
  2. The identification of current markets for our unique copper concentrate which indicate higher potential revenues due to a decrease in treatment costs.

For more details about the Study, please see News Release No. 127 (dated February 25th, 2021): https://www.candentecopper.com/news-releases/news-releases/2021/ausenco-engaged-for-desk-top-studies-on-canariaco-norte-higher-grade-project.

Read More: https://agoracom.com/ir/CandenteCopper/forums/discussion/topics/759279-candente-copper-provides-update-for-ausenco-conceptual-desk-top-study-on-ca-ariaco-norte/messages/2312533#message

AGORACOM Small Cap 60: Candente Copper $DNT.ca 9 Billion Pounds Copper, 2 Million Ounces Gold, 54 Million Ounces Silver $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-Eric at 1:28 AM on Tuesday, March 30th, 2021
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Candente Copper $DNT.ca Engages Yaku for Environmental Assessment and Protection at Canariaco Copper Deposit $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-Eric at 8:29 AM on Thursday, March 18th, 2021
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  • Engaged to conduct and continue previous baseline studies at the Cañariaco Project
  • 9B lbs copper, 2M oz gold and 54M oz silver in: Measured and Indicated Resources

Candente Copper Corp. (TSX: DNT, BVL: DNT) (“Candente Copper”, “the Company”) is pleased to announce that Yaku Consultores (“Yaku”) has been engaged to conduct and continue previous baseline studies at the Cañariaco Project located in Northern Peru. The work will be part of environmental impact studies and habitat protection for all exploration phases of permitting including drilling and also for the community and regional stakeholders.  

“We are excited to be moving the Cañariaco project forward with Yaku’s environmental work and new engineering studies underway by Ausenco. Timing couldn’t be better as Cañariaco has been identified by both Goldman Sachs and Deutche Bank as one of the top copper projects needed to supply the upcoming supply-demand shortage for copper,” says Joanne Freeze, President and CEO, Candente Copper.

Yaku is comprised of a team of highly experienced professionals focused on providing quality environmental and social consulting services. These services contribute to the sustainable development of the environment and exceed regulations.

Candente Copper has recently obtained the respective authorizations from SERFOR and PRODUCE (Peruvian authorities for National Forest and Wildlife Services and the Ministry of Production) to conduct new monitoring of Water Quality, Air Quality, Noise Levels and Biology, Wild Flora and Fauna and Hydrobiology. Yaku has begun collecting new data within the project area which will add significantly to the studies that Candente Copper has been conducting such since 2004.

Given the difficult situation for the community with the COVID-19 epidemic, the company is also collaborating with local health facilities to assist in the protection and care of citizens in the area surrounding Cañariaco. To date, the Company has assisted with PPE supplies and the operation of emergency health equipment.

About Candente Copper

Candente Copper is a mineral exploration company engaged in the acquisition, exploration, and development of mineral properties. The Company is currently focused on its 100% owned Cañariaco project, which includes the Feasibility stage Cañariaco Norte deposit as well as the Cañariaco Sur deposit and Quebrada Verde prospect, located within the western Cordillera of the Peruvian Andes in the Department of Lambayeque in Northern Peru.  

Please see https://www.candentecopper.com/investors/presentations for details from previous resource and engineering studies which delineated 9B lbs copper, 2M oz gold and 54M oz silver in: Measured and Indicated Resources of 752.4 million tonnes grading 0.45% copper, 0.07 grams per tonne (“g/t”) gold and 1.9 g/t silver (0.52% Cu equivalent) containing 7.533 B lb Cu, 1.67 M oz Au and 45.24 M oz Ag and Inferred Resources of 157.7 million tonnes grading 0.44% copper, 0.06 g/t gold and 1.8 g/t silver containing 1.434 B lb Cu, 0.3M oz Au and 8.932 M oz Ag.

VIDEO – Candente Copper $DNT.ca Thriving As $4 Copper Fuels Commodities Bull $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-JC at 4:27 PM on Friday, March 12th, 2021
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TSX listed Candente Copper owns Canariaco Norte, a large, economic copper deposit in Peru that just took a step closer to a becoming a mine.

Cañariaco is a 100% owned feasibility-stage porphyry copper deposit containing 7.5B pounds Measured and Indicated and can be mined for 22 years once in production. Oh, and Canariaco Norte is in the lowest quartile of production costs for projects waiting to be developed at around 0.98c per pound of copper.

If that doesnt have your attention, Goldman Sachs has it ranked as one of the top 80 projects waiting to be developed worldwide. This is a deposit itching to become a mine and Candente is very close to achieving this remarkable feat.

With the price of copper firmly above $4 dollars, the economics supporting Canariaco going into production only gets stronger.and initiates unlocking the ultimate potential of the Canariaco Norte deposit.

Watch this great interview with Candente CEO Joanne Freeze as she explains the move toward production and its significance to the copper markets.

American Creek: $AMK $STNG Stinger Resources Inc. To Commence Trading On Friday March 5th, 2021 $TUD.ca $ESK.ca $SEA.ca

Posted by AGORACOM-Eric at 8:47 AM on Thursday, March 4th, 2021
American Creek Provides Update on Its First Quarter Filings

Stinger Resources Inc. (TSX-V: STNG) (the “Company” or “Stinger”) is pleased to announce that it has now received final approval from the TSX Venture Exchange and its common shares will commence trading on Friday, March 5, 2021, under the symbol “STNG”. 
 
Darren Blaney, Chief Executive Officer of Stinger stated the following: “We are very pleased to have successfully completed this Spinout transaction. We again thank all of the American Creek shareholders for their confidence and support over the years and we look forward to that support continuing to be rewarded as we anticipate the future success of American Creek as well as newly launched Stinger.”
 
About Stinger Resources Inc.:
 
Stinger holds interests in gold and silver properties in British Columbia, including the 100% owned past producing Dunwell Mine which is located near Stewart in the prolific “Golden Triangle”.
 
The Company also holds the D1 McBride project, also located in the “Golden Triangle”.
 
In addition, Stinger owns the Gold Hill project located near Fort Steele, as well as optioned interests in the Ample Goldmax, Silver Side and Glitter King properties, all of which are located in other prospective areas of the Province of British Columbia.
 

Candente Copper $DNT.ca Engages Ausenco for Desk Top Studies on Cañariaco Norte Higher Grade Copper Project $CDG.ca $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-Eric at 8:30 AM on Thursday, February 25th, 2021
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Candente Copper Corp. (TSX:DNT, BVL:DNT) (“Candente Copper”, “Company”) is pleased to announce that it has engaged Ausenco Engineering Canada Inc. (“Ausenco”) to conduct Desk Top Studies to identify and define a smaller, higher grade, start up option for Cañariaco with a smaller initial capital expenditure (“CapEx”) and accelerated payback period. This study is expected to take 4 to 6 weeks to complete.

Assuming favourable results from the Desk Top Studies the Company would look to move into a Preliminary Economic Assessment (“PEA”) on the Revised Project Concept which would be expected to take approximately 4 months to complete. The Company is fully funded for both levels of studies. (for more details please see News Release No. 126 dated February 22nd, 2021).

Ausenco is globally recognised for providing consulting, project delivery, and asset operations services to the international mining sector including high performance copper processing and infrastructure projects. Ausenco has a 30-year track record in delivering specialized end-to-end solutions which are proven to lower capital and operating costs, reduce construction time and improve plant efficiencies.

Ausenco’s project experience ranges from small conceptual studies for new developments through to the construction of large scale minerals processing facilities. In Peru, Ausenco’s experience includes providing Engineering, Procurement and Construction Management services to design, construct, and commission the 25 million tonnes per year concentrator and associated infrastructure for the Constancia Copper Molybdenum Project owned by Hudbay.

Furthermore, Ausenco is currently in the final stages of providing Engineering, Procurement and Construction Management services to design, construct, and commission two processing facilities that will process 6 million tonnes per year of copper sulfide ore and 12 million tonnes per year of oxide ore via solvent extraction and oxide leaching facility (along with associated infrastructure) for the Mina Justa project owned by Marcobre S.A.C. (controlled by Minsur S.A.).

Recently, Mantos Copper Holding has engaged Ausenco for the engineering, procurement and construction (EPC) the 30,000 tonne per day copper concentrator plant and related infrastructure at the Mantoverde Development Project in Chile.

Read More: https://agoracom.com/ir/CandenteCopper/forums/discussion/topics/756063-ausenco-engaged-for-desk-top-studies-on-ca-ariaco-norte-higher-grade-project/messages/2305341#message

VIDEO – American Creek Spins Out Stinger Resources; Shareholders Own 2 Public Companies as Maiden Treaty Creek Resource Approaches $STNG.ca $TUD.ca $ESK.ca $SEA.ca $STNG.ca

Posted by AGORACOM-JC at 8:10 AM on Tuesday, February 23rd, 2021
American Creek Provides Update on Its First Quarter Filings

American Creek owns 20% of Treaty Creek, a project that is currently waiting on a maiden resource and estimated to be around 30 million ounces. It’s safe to assume if your flagship asset is within the scale of a world class asset such as Treaty Creek, your supporting assets are not being recognized for their value. This is where Stinger (STNG: TSXV) comes in. All non-core AMK assets are now the property of Stinger, including millions in cash and over 1m Tudor Gold shares. American Creek keeps the 20% carried Interest to production at Treaty Creek, and any future discoveries. Oh, and the very first Resource at Treaty Creek

2 Companies. 1 Bull Market. Sit back and have a listen to this great interview with Kelvin Burton as he explains for all shareholders, AMK and soon to be STNG.

Candente Copper $DNT Corporate Update and Engineering Study Proposals Under Evaluation For Canariaco Copper Deposit $CDG.ca $FCX.ca $TECK.ca $FSUGY $PER.ca

Posted by AGORACOM-Eric at 9:01 AM on Monday, February 22nd, 2021
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  • Engineering studies to identify and define various value add options for the development of the Cañariaco Project.
  • First goal is to define/identify a smaller, higher grade, start up option for Cañariaco with a smaller CapEx and accelerated payback period

Candente Copper Corp. (TSX:DNT, BVL:DNT) (“Candente Copper”, “Company”) is pleased to announce that it has received and is reviewing proposals from two internationally acclaimed engineering firms for engineering studies to identify and define various value add options for the development of the Cañariaco Project.

The first goal of the engineering study is to define/identify a smaller, higher grade, start up option for Cañariaco with a smaller initial capital expenditure (“CapEx”) and accelerated payback period. This is expected to be able to be permitted and financed to production more quickly than the larger option. The intention would be that once the development capital is paid back, the smaller operation could then be expanded to fully recognize the value of the large copper-gold resource that exists at Cañariaco.

The second goal is to explore other potential options with a mind to establish both cost efficiencies and environmental, social and governance (“ESG”) friendly development options. Current industry wide ESG initiatives and responsible investing is driving innovation in environmentally friendly, sustainable development and finance products. This innovation has been accelerated by the COVID-19 pandemic and increased urgency around the 17 UN Sustainable Development Goals, resulting in many new development options to consider now.

Read More: https://agoracom.com/ir/CandenteCopper/forums/discussion/topics/755788-corporate-update-and-engineering-study-proposals-under-evaluation/messages/2304699#message

American Creek Resources $AMK.ca Completes Spin-out of Shares of Stinger Resources Inc. $STNG.ca $TUD.ca $ESK.ca $SEA.ca $STNG.ca

Posted by AGORACOM-Eric at 7:59 AM on Wednesday, February 17th, 2021
American Creek Provides Update on Its First Quarter Filings
  • Plan of arrangement with Stinger Resources Inc. is expected to occur at 12:01 a.m. on February 25, 2021
  • Stinger Assets include property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property
  • Stinger will trade under “STNG” on TSXV
  • AMK retains 20% Carried Interest to Production at Treaty Creek

American Creek Resources Ltd. (TSXV: AMK) (the “Company” or “American Creek“) is pleased to announce that further to its press release dated December 5, 2020, the effective date for the spin-out of certain assets, including property interests, Tudor Gold Corp. shares, $2,500,000 cash, the right to contingent cash payments on exercise of certain outstanding warrants, and certain real property, to its shareholders by way of a plan of arrangement (the “Arrangement“) with Stinger Resources Inc. (“Stinger“) is expected to occur at 12:01 a.m. on February 25, 2021 (the “Effective Date“).

Pursuant to the arrangement, holders of common shares of American Creek as of the close of business on February 24, 2021 will receive one new common share of American Creek (each, an “American Creek Share“) and 0.11324 of a Stinger common share (each, a “Stinger Share“). The existing common shares of American Creek are expected to be delisted on the TSX Venture Exchange (the “TSXV“) as of the close of business on February 24, 2021. American Creek Shares are expected to commence trading on the TSXV at the market opening on February 25, 2021. The CUSIP numbers for the new American Creek Shares and the Stinger Shares will be 025288309 and 860836105, respectively.

Olympia Trust Company (“Olympia Trust“) will forward replacement certificates to each American Creek shareholder that is entitled to receive certificates, representing their allotted number of new American Creek Shares and Stinger Shares in accordance with the Arrangement. Letters of transmittal have been mailed to registered holders of common shares of American Creek, which must be completed and returned to Olympia Trust together with the share certificates of American Creek at the address specified in the letter of transmittal, in order for American Creek shareholders to receive new American Creek Shares and Stinger Shares following the Effective Date. A copy of the letter of transmittal is also available under the Company’s profile on SEDAR at www.sedar.com. For more information, see the Company’s management information circular dated October 29, 2020 filed under the Company’s profile on SEDAR at www.sedar.com.

Stinger has received conditional approval to list the Stinger Shares on the TSXV. Final listing approval will be subject to Stinger satisfying all of the listing conditions of the TSXV. Stinger will announce by way of a further press release the date on which trading of the Stinger Shares will commence, which is expected to be in the first week of March, 2021. The trading symbol for the Stinger Shares will be “STNG”. Further details regarding Stinger will be contained in Stinger’s TSX-V Form 2B Listing Application, which is expected to be made available under Stinger’s profile on SEDAR at www.sedar.com on February 25, 2021.

Read More:https://agoracom.com/ir/AmericanCreek/forums/discussion/topics/755484-american-creek-resources-completes-spin-out-of-shares-of-stinger-resources-inc/messages/2303987#message