February 5, 2007
Raymond, Alberta. American Creek Resources Ltd. (“American Creek”) (TSX Venture: AMK) and the Directors thereof announce that the Board of Directors has approved the grant of stock options under the Corporation’s stock option plan to acquire an aggregate of 470,000 common shares of the Corporation at an exercise price of $1.54 per share, of which stock options to acquire an aggregate of 300,000 common shares were granted to Directors and senior Officers of the Corporation.
The granting of the stock options is subject to approval from the TSX Venture Exchange.
American Creek Resources Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver deposits. The Corporation has several projects within the Province of British Columbia, Canada.
A phase I drill program is currently underway on the Austruck-Bonanza claim group located near Kamloops, British Columbia. Results from the first holes of the program are expected to be released within the next two weeks.
American Creek’s common shares trade on the TSX Venture Exchange under the symbol “AMK”.
Certain information contained in this news release constitutes forward-looking statements regarding the Corporation’s mineral properties. Forward looking statements are frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate" or statements that certain events or conditions "may" or "will" occur. Forward-looking statements are based on the reasonable opinions and estimates of management of American Creek and are subject to a variety of risks, uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking statements. These factors include: the inherent risks involved in the exploration and development of mineral properties, uncertainties involved in the interpretation of drill results and other geological data, fluctuating commodity prices, unforeseen permitting requirements, changes in environmental laws or regulations, the possibility of project cost overruns or unanticipated costs and expenses, weather conditions, the availability of contractors for equipment and services, the availability of future financing and general business and economic conditions. Such statements are also based on a number of assumptions which may prove to be incorrect, including assumptions about general business and economic conditions being accurate, the timing and receipt of regulatory approvals for projects and operations, the availability of financing, the ability to secure equipment and labour, and American Creek’s ongoing relationship with third parties. The foregoing factors, risks and assumptions are not exhaustive. Events or circumstances could cause actual events or results to differ materially from those estimated or projected and expressed in, or implied by, these forward-looking statements. Accordingly, readers should not place undue reliance on forward-looking statements. These forward-looking statements are as of the date they are made and American Creek disclaims any obligation to update any forward-looking statements, except as required by law.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.