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

Feburary 19, 2008

 

Raymond, Alberta….American Creek Resources Ltd. (TSX-V: AMK) is pleased to report the final results from exploration conducted at the Tide Project in 2007. The road accessible Tide Property is situated 36 km north of the port of Stewart, BC, within the Stewart-Sulphurets corridor. The 2007 program consisted of 1835 metres of drilling in eight holes, detailed mapping and 318 metres of channel sampling targeting bulk-tonnage style gold mineralization.

 

American Creek is focused on the Tide due to its large soil and silt geochemical anomalies, the extent of its precious metal mineralization, its proximity to favourable infrastructure, its location within the Stewart-Sulphurets corridor, and its location adjacent to and surrounding the Corporation’s Electrum Project. Recent exploration in the Stewart-Sulphurets gold camp has reportedly expanded the resources at deposits such as Mitchell (13.1 million ounce gold and 2.2 billion pound copper resource at an average grade of 0.72 g/t gold and 0.18% copper – Seabridge Gold) and Snowfield (3.0 million ounce gold resource at an average grade of 1.5 g/t gold – Silver Standard Resources).

Every hole drilled in the 2007 program returned anomalous gold values over large widths, including Tide07-13, which averaged 0.49 g/t gold over the entire 207 metre length of the hole and Tide07-14 which averaged 0.33 g/t gold over the entire 247 metre length. Highlights include Hole Tide07-13, aimed at testing the southern extents of the 36 Zone, which included two separate intervals of 43.6 m of 1.0 g/t gold and 22.5 m of 0.94 g/t gold. Drilling at the 36 Zone was conducted on four sections spaced approximately 50 metres apart. Two holes were completed at the Northpit target and one hole at the Riptide target located 375 and 600 metres east of the 36 Zone, respectively.

The 36 Zone was discovered in 2005 when a single drill hole intersected 129.4 metres averaging 1.0 g/t gold including a 39.6 metre interval of 1.9 g/t gold. To date, drilling at the 36 Zone has been confined to a 250 by 750 metre area within the 600 by 2500 metre Crest gold-arsenic soil geochemical anomaly (>500 ppb gold in talus fines). The 2007 drilling program successfully extended the 36 Zone mineralization 100 metres to the north and 150 metres east. Fur ther to the east at the Riptide zone, mineralization appears to be confined to narrower structures.

 

2007 Diamond Drilling Results

 

Drill Hole
Zone
From (m)
To (m)
Interval (m)
Gold (g/t)
Tide07-13
36

0.61

207.25
206.64
0.49
Including
 
57.61
101.21
43.60
1.00
Tide07-13
36
161.85
184.35
22.50
0.94
Tide07-14
36
38.96
212.90
173.94
0.42
Including
 
38.96
48.46
9.50
1.88
Including
 
188.90
211.40
22.50
1.05
Tide07-15
36
81.57

123.46

41.89
0.49
Tide07-16
36
231.93
262.40
30.47
0.44
Tide07-17
36
73.98
117.60
43.62
0.64
Including
 
82.57
93.27
10.70
0.97
Including
 
105.46
117.60
12.14
1.02
Tide07-18
Northpit
103.40
122.40
19.00
0.92
Tide07-19
Riptide
101.60
112.70
11.10
0.27
Tide07-20
Northpit
191.51
206.51
15.00
1.02

 

 

In conjunction with drilling, field crews conducted a ground program consisting of chip sampling and detailed geological and fracture mapping. This data, in conjunction with fracture density data will be used to target 2008 holes at the 36 Zone, with a focus on areas to the south of the current drilling. A plan map of the 36 Zone with 2007 drill hole locations can be viewed at www.rimfireminerals.com/s/tide.asp.

The 2007 Tide program was funded by American Creek under the terms of an option agreement with Rimfire Minerals Corporation (TSX-V: RFM) whereby American Creek can earn an additional 9% (total 60%) interest in the joint venture by funding $3.5 million in exploration by 2010. American Creek is the project operator.

This news release has been reviewed and approved by Henry Awmack, P. Eng., of Equity Engineering Ltd., a Qualified Person for the purpose of National Instrument 43-101. Assays were completed by ALS Chemex Labs of North Vancouver, BC. A copy of the National Instrument 43-101 Technical Report Summary Report on the Tide Project dated November 15, 2006 can be viewed at www.sedar.com.

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

For further information please contact Darren R. Blaney, Chief Operating Officer. Phone: 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.

 

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 has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.