American Creek Resources Ltd.
TSX VENTURE : AMK

American Creek Resources Ltd.

January 21, 2016 09:00 ET

American Creek Resources: Electrum Project-Rico Showing High Grade Average 54.6 GM/T Gold and 11,512 GM/T Silver

CARDSTON, ALBERTA--(Marketwired - Jan. 21, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) ("American Creek") is pleased to provide results from outcrop specimens of high grade material collected on its Electrum property from a known vein on the Rico Showing. The Rico Showing is roughly 50 metres south of the Shiny Cliff Showing.

Eleven specimens were collected along a quartz vein. The specimens from the structure average 11,512 gm/tonne silver and 54.6 gm/tonne gold.

The following table lists the results.

Lab Ag Au
Specimen GM/T GM/T
L625675 1293 3.9
L625676 21068 75.1
L625677 18916 57.3
L625678 16466 93.2
L625679 969 5.2
L625680 44048 270.9
L625681 479 4.3
L625682 1050 4.6
L625683 717 8.4
L625684 10212 32.1
L625685 11187 52.9

The American Creek 2015 fall exploration program focused on the Shiny Cliff area, a northwest striking, approximately 10 metre wide highly silicified zone which hosts a minimum of three quartz veins. The zone and veins steeply dip southwest into the hillside. They have been traced on surface and tracked with horizontal drilling for 40 metres along trend. A modified diamond drill provided American Creek with the ability to drill targets of interest with precise short holes. American Creek is much encouraged with the success of the tight drill patterns, to reveal the geometry of the rich epithermal systems found on the property.

As reported previously, twenty-two specimens were collected along a central druzy quartz vein, approximately 35 cm wide, infilled with dark grey mineralization. The specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold.

The mineralized zone with North Face of Shiny Cliff is amenable to examination and thorough sampling by deep slot trenching. The practicality of this approach is illustrated by a roughly cubic 40 ton boulder that has broken off the face of Shiny Cliff and has moved about 20 metres downslope. Specimens from it averaged 857 gm/tonne silver and 10.6 gm/tonne gold.

The Mine Hill Showing is roughly half way between the historic East Gold mine and Shiny Cliff Showing. It is roughly 65 metres southeast of the Shiny Cliff Showing. Thirteen specimens were collected along a weathered, silificied and bifurcated, sulphide rich vein system. The specimens from the structure average 522.93 gm/tonne silver and 6.55 gm/tonne gold.

Lab Ag Au
Specimen GM/T GM/T
L625552 221 2.2
L625553 379 4.3
L625554 165 3.1
L625555 297 1.5
L625556 60 1.2
L625557 349 3.8
L625558 395 4.2
L625560 1912 23
L625561 1786 24.8
L625562 772 5.8
L625563 104 6.7
L625564 102 3.2
L625598 256 1.3

Precious metal values for all specimens were determined from fire assay by Bureau Veritas Minerals Laboratories (BVML) services in Vancouver, Canada.

A 100 metres southeast of the Rico, the Horse Trail Showing contains gold bearing galena. Exploratory grab specimens had gold values as high as 4.5 g/tonne.

Complete listing of assay results with a plan map of drill traces from the Electrum 2015 fall program, are available on the corporate website at www.americancreek.com.

The Electrum project is 100 per cent owned by American Creek and is located in the accessible southern portion of the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities. The Electrum project (historical East gold mine) is located approximately 25 km south of Pretivm's Brucejack gold mine. The Electrum is 45 km by existing road from world-class concentrate shipping port facilities located in Stewart.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

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.

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.

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