March 26, 2007
Raymond, Alberta. American Creek Resources Ltd. (the “Corporation”) (TSX Venture: AMK) is pleased to announce that it has arranged to have airborne Versatile Time Domain Electromagnetics (VTEM) surveys flown over both the Legacy Project near Pemberton, British Columbia and the White Slide Project near Lillooet, British Columbia. Geotech Airborne Services (“Geotech”) of Aurora, Ontario will be conducting the surveys using its award winning technology. Flying is scheduled to begin around the end of April with results expected later in the spring. Information gathered from these airborne surveys will be used to plan upcoming exploration programs.
The Legacy Project is located 39 kilometers southeast of Pemberton, and consists of claims covering approximately 7400 hectares. Historic records (not NI43-101 compliant) indicate that the property contains a series of gold-bearing mineralized outcrops and parallel vein structures and that several adits were driven into areas of interest.
The White Slide Project is located 18 kilometers west of Lillooet and consists of claims covering approximately 6000 hectares. Records (not NI43-101 compliant) from hand sampling programs conducted prior to 1934 indicate that gold values up to 7.25 oz/t and silver to 1.4 oz/t were obtained from various areas on the property including two adits which were driven for a length of approximately 200 feet and 360 feet respectively.
About Geotech Airborne Services
Geotech has conducted airborne electromagnetic geophysical surveys for more than two decades using their proprietary technology and has a long history of notable innovations. The Geotech VTEM system won Mining Magazine's Exploration-Equipment Award for 2005. The system is capable of measuring the electrical properties of buried rock formations to a depth of over 300 meters. This means that geologists are able to explore to depths previously only accessible with ground surveys, with accuracies often sufficient for targeting drill holes, and with the high speed of a helicopter-borne survey system. More information about the Geotech VTEM system may be found on their website at: http://www.geotechairborne.com
About American Creek Resources Ltd.
American Creek is a well funded Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver deposits. The Corporation has multiple projects within the Province of British Columbia, Canada. An exploration program recently commenced on the Empire Project near Kamloops (see previous release dated March 23). Another exploration program is presently being conducted on the Corporation’s Austruck-Bonanza Project also located near Kamloops. Further drill results from the Austruck-Bonanza are expected to be released within approximately 2 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.