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

December 30, 2007

American Creek Resources Ltd. (the “Corporation”) announced that it has closed a brokered private placement of 7,318,181 flow-through common shares of the Corporation (“FT Shares”), including 954,544 FT Shares issued pursuant to the exercise of an over-allotment option, at a price of $0.55 per FT Share and 885,000 units of the Corporation (“Units”) at a price of $0.45 per Unit for gross proceeds of $4,423,250. Each Unit consisted of one common share of the Corporation (“Common Share”) and one non-transferable share purchase warrant (“Warrant”) entitling the holder to acquire an additional Common Share at a price of $0.80 at any time until December 28, 2008.

Union Securities Ltd. (“Union”) acted as lead agent of a syndicate of dealers and received a cash commission of $309,627.50 (equal to 7% of the gross proceeds from the sale of the FT Shares and Units). The Corporation also issued to Union and sub-agents non-transferable compensation options (“Agent’s Options”) entitling the holder to acquire an aggregate of 574,223 Units (equal to 7% of the aggregate FT Shares and Units sold), at a price of $0.45 per Unit at anytime until December 28, 2008. The Corporation also paid Union a work fee in the sum of $26,500 inclusive of GST and Union’s fees and expenses, inclusive of its legal counsel.

The FT Shares and Units were sold to qualified purchasers resident in and outside of Canada in reliance upon exemptions from the prospectus and registration requirements of applicable securities legislation. The FT Shares, the Common Shares and Warrants comprising the Units, the Common Shares issuable upon exercise of the Warrants, the Agent’s Option and the securities issuable upon exercise of the Agent’s Option are subject to a restricted period expiring on April 29, 2008. The proceeds from the sale of the FT Shares will be used to incur expenditures which qualify as Canadian Exploration Expense on the Corporation’s mineral properties.

Subject to regulatory approval, the Board of Directors of the Corporation have approved the grant of stock options under the Corporation’s incentive stock option plan to certain directors, officers, consultants and employees to acquire in the aggregate 1,525,000 Common Shares at an exercise price of $0.39 per Common Share, of which stock options to acquire an aggregate of 750,000 Common Shares will be granted to officers and directors of the Corporation.

The Corporation also announced that on November 30, 2007 it issued an aggregate of 70,000 Common Shares to four employees at a deemed price of $0.70 per Common Share and 25,000 Common Shares at a deemed price of $0.60 per Common Share to a consultant controlled by an officer of the Corporation, all in payment of consulting or employment services. The share issuances were approved by TSX Venture Exchange Bulletin dated November 30, 2007.

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

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.