June 6, 2007
Raymond, Alberta. American Creek Resources Ltd. (TSX Venture: AMK) is pleased to announce that the 2007 Electrum Project Phase III drilling program has commenced.
A total of up to 20,000 meters of diamond drilling is planned with targeting based on results from the 2006 program and from ongoing soil geochemistry, surface sampling, blast trenching, geophysical surveying, and geological mapping. Two drills are working on the property now.
Highlights of the 2006 drill program included 16.86 g/t gold over 1.0 meter; 7.15 g/t gold with 123.0 g/t silver and 0.41% zinc over 0.62 meters; and 440.78 g/t gold with 400.0 g/t silver and 0.33% zinc over 0.52 meters. Wide intersections of lower grade gold were also encountered.
Drill core logging and sampling will take place at the project and at American Creek’s facility in Stewart, British Columbia. The core samples will be processed at Eco Tech Laboratory’s sample preparation facility in Stewart and then sent to Eco Tech’s main facility in Kamloops, British Columbia for assay.
Allan Burton, President and CEO stated: “We have been eagerly anticipating getting back on the Electrum and are looking forward to this much larger 2007 program.”
The Electrum Project is located in the “Golden Triangle” approximately 45km north of Stewart, British Columbia, near past operating mines including the Riverside, Scotty Gold, Granduc, and Silbak-Premier. The Electrum encompasses the historic East Gold mine. Barrick’s world-class Eskay Creek mine is located approximately 50km north of the project. The Electrum is road accessible and is only 45km from concentrate shipping port facilities located in Stewart.
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.
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 up date 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.