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Old Mon, 03-17-2008, 08:37 AM   #1 (permalink)
ActionCapitalGp
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Arrow American Creek reports additional positive drill results (TSX-V: AMK)

RAYMOND, AB, March 17 American Creek Resources Ltd. is pleased to report the final results of the 2007 exploration program on the Treaty Creek Project located in northwest British Columbia, Canada.

The Treaty Creek property is not only adjacent to one of the largest gold discoveries ever made in North America, but appears to form part of the same highly mineralized trend line. Seabridge Gold's (SEA: TSX-V) Mitchell deposit is located immediately south of the Treaty Creek Project. Seabridge recently announced an updated independent National Instrument 43-101 mineral resource estimate for the Mitchell deposit which resulted in 55% of the total Mitchell gold resource now being classified as indicated.

Seabridge has also reported that there is "considerable potential for further expansion to the north, south and at depth".

In addition to the Mitchell deposit, Seabridge's neighboring Kerr and Sulphurets deposits hold another combined inferred and indicated resource of 4,476,000 ounces of gold and 3.078 billion pounds of copper.

Silver Standard's (SSO:TSX-V) Snowfield deposit, also located within the same mineralized trend line, now contains a measured and indicated resource totaling 3.1 million ounces of gold. Silver Standard recently reported that drill hole MZ-1 was collared approximately 550 meters east of Seabridge's Mitchell deposit and has been interpreted as a potential continuation of that zone.

Treaty Creek Drill Program
American Creek Resources completed a diamond drill program on the Treaty Creek property during August, September and October of 2007, drilling a total of 5,470 meters in 30 holes. All core was logged, split and sampled on site and was delivered to the EcoTech Laboratory field preparation facility in Stewart, BC. EcoTech personnel prepared the assay samples and forwarded them to the main EcoTech Laboratory in Kamloops for assay. The results from the first 17 holes were released on December 11, 2007. The highlights from the final 13 holes are set out below. All intersections are presented as drill hole intercept width and are not necessarily true width.

Copper Belle Zone
The Copper Belle zone is a newly discovered outcrop that was recently exposed due to rapid glacial melting. The Copper Belle lies across the valley from the Eureka and ND zones and is one of the most promising new finds on the property. The adjacent area has historic high-grade discoveries including a trench sample taken in 1987 with 969 g/t gold over 1.2 meters. The Copper Belle rock is heavily mineralized with finely disseminated pyrite, chalcopyrite, galena, sphalerite and bornite. Highlights of the earlier 2007 results (see December 11, 2007 press release) included a 76.07 meter intersection of 0.93 g/t gold along with 8.78 g/t silver and 0.063% copper, a 46.23 meter intersection of 0.83 g/t gold along with 6.39 g/t silver and 0.041% copper, a 17.00 meter interval of 4.33 g/t gold with 2.00 g/t silver, a 65.00 meter interval of 0.81 g/t gold with 3.80 g/t silver, and a 30.18 meter interval with 1.32 g/t gold with 5.93 g/t silver and 0.093% copper.

Grab samples from the Copper Belle zone were also very promising and confirm its potential to host significant mineralization. The most promising results, which were previously released, were as follows:
ET Tag Gold Gold Silver Silver Copper Lead Zinc
No. No. (g/t) (oz/t) (g/t) (oz/t) (%) (%) (%)
1 TR0701WE 1.71 0.050 60.2 1.76 - - -
8 TR0706BA 2.00 0.058 99.4 2.90 - 1.57 1.19
9 TR0707BA 3.20 0.093 257.0 7.50 3.07 - 1.25
10 TR0708BA 4.80 0.140 1670.0 48.70 2.75 6.63 5.44
11 TR0709BA 2.29 0.067 629.0 18.34 4.10 - -
12 TR0710BA 0.32 0.009 - - -
13 TR0711BA 11.30 0.330 60.0 1.75 - - -
15 TR0718DO 2.80 0.082 69.5 2.03 1.29 - -
18 TR0721DO 0.07 0.002 228.0 6.65 - 9.52 1.29

The Copper Belle zone appears to be one of the most promising new discoveries in the Kerr-Sulphurets region. Based on the 2007 drill results, a considerable amount of exploration will be focused on this zone in the 2008 season.

GR2 Zone
This area is approximately 1 kilometer northwest of the Copper Belle and carries similar key minerals. Surface samples have been heavily mineralized with massive galena and sphalerite, indicating silver, lead and zinc. Highlights of the first five holes (see December 11, 2007 press release) drilled on the GR2 zone included 34.50 meters of 0.70 g/t gold with 25.83 g/t silver and 0.074% copper, 1.017% lead and 0.663% zinc as well as a 6.62 meter interval of 2.84 g/t gold with 66.26 g/t silver and 0.029% copper, 0.887% lead and 0.882% zinc.

ND Zone
The ND zone consists of a small outcrop that was recently exposed as the glacier covering it continues to recede. Five shallow holes were drilled with no significant results.

Eureka Zone - previously reported December 11, 2007
The Eureka zone contains mineralization that appears to be similar to the gold/silver/copper bulk tonnage style Mitchell deposit immediately to the south of the Treaty Creek property. Historic intersections on the Eureka, including 0.757 g/t gold over 74.7 meters, 0.46 g/t gold over 169 meters, and 0.67 g/t gold over 72.3 meters, were expanded upon in the 2007 drill program because of the similarity to the Mitchell grades.

Highlights of the 2007 drilling on the Eureka include a 75.45 meterintersection of 0.69 g/t gold with 2.89 g/t silver, an 18.40 meter intersection of 1.21 g/t gold with 4.62 g/t silver, and an 8.51 meter intersection of 0.33 g/t gold with 2,094.00 g/t silver and 0.378% copper (this hole was lost in heavy faulting and ended in mineralization).

Summary of 2007 Program
Both the historical and current exploration conducted on the Treaty Creek property indicate the potential for mineralization patterns consistent with the world-class Seabridge / Silver Standard properties immediately to the south. The Corporation is presently planning the 2008 Treaty Creek exploration program which will commence in approximately 2-3 months.

For more detailed information regarding the Treaty Creek Project please visit the Corporation's website at American Creek Resources Ltd. :: Welcome.

MacDonald J. Millard, P. Eng., P. Geo., is the Qualified Person for the purposes of National Instrument 43-101 for the Treaty Creek Project and 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 gold and silver deposits within the Province of British Columbia, Canada.

For further information: Darren R. Blaney, Chief Operating Officer, Phone: (403) 752-4040, Fax: (403) 752-4020, or Email: dblaney@americancreek.com; Information relating to the Corporation is available on its website at American Creek Resources Ltd. :: Welcome
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