CARDSTON, ALBERTA--(Marketwired - June 29, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) ("American
Creek") ("the Corporation") is pleased to report that it has commenced initial exploration on its Gold Hill property located near
Cranbrook, British Columbia.
The 100% owned Gold Hill property covers approximately 836 hectares and is located along the western edge of the Kimberly Gold
Trend in the Fort Steele Mining Division near Cranbrook, BC. The property contains a significant portion of the Boulder Creek
drainage, a headwater tributary of the Wild Horse River, considered to be one of the greatest gold rivers in the entire province.
Gold rushes have taken place there since the 1860's that have yielded 48 tonnes of reported gold, making it Canada's
4th largest placer producer. The majority of the gold recovered from the Wild Horse was located along a 6 km stretch
between Boulder Creek (upstream) and Brewery Creek (downstream). Early efforts by Cominco and others to locate the source of
the Wild Horse placer gold led explorers up Boulder Creek to what is now called the Gold Hill property.
The Gold Hill property constitutes a significant portion of the Boulder Creek watershed and includes two main areas of
significance known as the Big Chief and Gold Hill. Work conducted in 1937 by Cominco included driving 75 meters of adits and
obtaining samples which included a 6.7 meter face sample that averaged 74 g/t gold, 67.5 g/t silver and 6.1% lead over the entire
1.5 meter drift width. The highest gold mineralization occurred in the hanging wall and footwall contacts. The gold market at the
time did not support further work and the property has largely sat dormant over the years.
This initial phase of the 2016 exploration program will consist of locating all known workings, prospecting new areas of
interest, geological mapping, and conducting extensive geochemical sampling in an effort to identify drill targets associated
with the historic adits and the hanging wall and footwall contact areas that host the high grade gold.
The Corporation has also entered into a shares for debt arrangement with a contractor and has agreed to settle $50,000.00 of
debt by issuing 625,000 common shares at a deemed price of $0.08 per share. The shares will be subject to a statutory 4 month
hold period. This shares for debt arrangement is subject to approval by the TSX Venture Exchange.
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.