September 28, 2011
Raymond, Alberta…American Creek Resources Ltd. (TSX-V:AMK / OTC:ACKRF) (the “Company”) is pleased to report that it has successfully completed its 2011 drill program on the Electrum Project. A total of 2,105 meters of diamond drilling was conducted over seven holes.
Core logging, splitting and sampling took place on site and all core samples have now been submitted to ALS Minerals for assay.
The Electrum drill program was designed to test the extension of mapped surface veins at depth and to confirm a shear/alteration zone that appears to be controlling the extensive mineralization found on the property.
The Electrum Property, located near Stewart, B.C., is 100% owned by American Creek. The property is part of a highly mineralized belt of past producing mines and encompasses the historic East Gold mine.
The Company’s 2006 drill program confirmed small veins grading as high as 440 g/t gold and 400 g/t silver over narrow widths, along with areas of widely disseminated bulk-tonnage style gold and silver. Highlights from the 2007 drill program include 26 meters of 3.01 g/t gold with 2.05 g/t silver, 2 meters of 29.9 g/t gold with 10.2 g/t silver, 6 meters of 1.70 g/t gold with 2.2 g/t silver, 1.9 meters of 9.30 g/t gold with 39.5 g/t silver, and 31 meters of 0.53 g/t gold with 2.49 g/t silver.
Frank O’Grady, P.Eng., is the Qualified Person for the purposes of National Instrument 43-101 for the Electrum Project. Mr. O’Grady has verified and approved the contents of this news release.
American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits 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 update any forward-looking statements, except as required by law.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.