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Image of Treaty Creek’s
West Nunutak in the foreground and
Seabridge Gold’s KSM-Iron Cap in the background

March 2, 2007

Raymond, Alberta…American Creek Resources Ltd. (the “Corporation”) (TSX Venture: AMK) announces that it has closed a non-brokered private placement of 952,380 units of the Corporation (“Units”) at a price of $2.10 per Unit to MineralFields Group limited partnerships for gross proceeds of $2,000,000. Each Unit consisted of one flow-through common share of the Corporation (“FT Share”) and one transferable common share purchase warrant (a “Warrant”). Each Warrant may be exercised for one additional non flow-through common share of the Corporation (“Common Share”) at a price of $5.00 per Common Share until March 2, 2008.

The Units were sold to qualified purchasers resident in Ontario in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation. The proceeds from the sale of the FT Shares will be used to incur Canadian Exploration Expenses on the Corporation’s mineral properties, which are all situated in British Columbia, Canada.
In connection with the sale of the Units, the Corporation paid Limited Market Dealer Inc. (“LMDI”) a finder’s fee consisting of: (a) $100,000 cash (equal to 5% of the proceeds from the sale of the Units); and (b) non-transferable finder’s options (“Finder’s Options”) entitling LMDI to acquire up to 66,666 units of the Corporation (“Finder’s Units”) (equal to 7% of the Units sold) at a price of $2.10 per Finder’ s Unit until March 2, 2008. Each Finder’s Unit consists of one Common Share and one Warrant.

The FT Shares and Warrants comprising the Units, the Common Shares and Warrants comprising the Finder’s Units, and the Common Shares issuable on exercise of the Warrants comprising the Units and the Finder’s Units are all subject to a restricted period which expires on July 3, 2007.

American Creek Resources Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver deposits, with several projects in the Province of British Columbia.

About MineralFields Group
MineralFields Group (a division of Pathway Asset Management) is a Toronto-based mining fund with significant assets under administration that offers its tax-advantaged super flow-through limited partnerships to investors throughout Canada during most of the calendar year, as well as hard-dollar resource limited partnerships to investors throughout the world. Pathway Asset Management also specializes in the manufacturing and distribution of structured products and mutual funds. Information about MineralFields Group is available at www.mineralfields.com.

For further information please contact: Darren R. Blaney, Chief Operating Officer, Tel: (403) 752-4040; Fax: (403) 752-4020 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. Information relating to the Corporation is available on its website at www.americancreek.com.

The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.