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American Creek Resources Ltd V.AMK

Alternate Symbol(s):  ACKRF

American Creek Resources Ltd. is a Canada-based junior mineral exploration company, which is engaged in the acquisition and exploration of mineral properties, principally for precious metal deposits. The Company’s projects include Treaty Creek and Austruck-Bonanza. The Treaty Creek Project covers approximately 114 square km in the Skeena Mining District of northern British Columbia and is situated approximately 70 km north of Stewart. The Austruck-Bonanza Property is located within the Kamloops Mining Division 53 kilometers north-west of the city of Kamloops in south central British Columbia. The Austruck-Bonanza Property is underlain by Devonian to Triassic Harper Ranch formation comprised of fine grade sedimentary rocks including mudstone and shale and includes basaltic volcanics. The Company holds 100% interest in the Austruck-Bonanza Property and 20% interest in the Treaty Creek project.


TSXV:AMK - Post by User

Comment by brexbummeron Jun 18, 2012 8:14am
244 Views
Post# 20024592

We got nuttin to say

We got nuttin to say

American Creek Responds to Teuton Resources Corp. News Release

American Creek Resources Ltd. AMK
6/11/2012 6:17:00 PM
American Creek Responds to Teuton Resources Corp. News Release

(via Thenewswire.ca)

American Creek Resources Ltd. (TSX-V: AMK) ("the Corporation") responds to the press release issued by Teuton Resources Corp. ("Teuton") on June 8, 2012 entitled "Litigation Update - Amended Response to Civil Claim" wherein Teuton states that it will be seeking leave of the Court to amend its Response to Civil Claim (Defence) in the litigation with the Corporation concerning the Treaty Creek Property. In the proposed amendments Teuton alleges, among other things, that the geoscientific data obtained by the Corporation respecting the Treaty Creek Property is unreliable and that the Corporation fraudulently concealed this from Teuton. The Corporation refutes these and all other allegations made by Teuton.

As stated previously, the matter is before the Court and it continues to be our view that it is inappropriate to try to litigate through press releases. It is with regret that we feel compelled to comment on matters raised by Teuton in its press releases.

The Corporation will continue to pursue all legal remedies to compel Teuton to honour its contractual obligations and transfer title to the Treaty Creek Property to American Creek.

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.

For further information please contact Darren Blaney at: Phone: 403 752-4040 or Email: info@americancreek.com. Information relating to the Corporation is available on its website at www.americancreek.com

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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