Wallbridge Mining

American Creek Reports Expiry of Tudor Gold's Purchase Option to Acquire the Remainder of Electrum Project

Cardston, Alberta--(Newsfile Corp. - February 7, 2020) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") today announced that the purchase option previously granted to Tudor Gold Corp. ("Tudor") and expiring on April 15, 2019 in which Tudor had the option to purchase the Corporation's 40% interest in the Electrum Project Joint Venture has been terminated.

Tudor paid the Corporation a non-refundable payment of $50,000 upon entering the original agreement. Tudor had until April 15, 2019 in order to exercise the purchase option by paying the Corporation $2,650,000 in cash. Tudor did not provide payment by the deadline which resulted in the option agreement expiring.

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia.

Three of those properties are located in the prolific "Golden Triangle"; the Treaty Creek and Electrum joint venture projects with Tudor (Walter Storm) as well as the 100% owned past producing Dunwell Mine.

The Corporation also holds the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King properties located in other prospective areas of the province.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: This email address is being protected from spambots. You need JavaScript enabled to view it.. 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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American Creek Resources

Last Trade: C$0.33
Daily Change: 0.01 3.12
Daily Volume: 660,377
Market Cap: C$124.030M
American Creek Resources Announces Spinout of Dunwell Property and Other Properties and Assets and Sets Date for Annual General & Special Meeting
American Creek Resources Amends Property Option Agreements & Enters into New Services Agreement With AGORACOM
American Creek Resources Completes High-Resolution Magnetic and LIDAR Surveys at Past Producing Dunwell Mine Property in Golden Triangle of BC
American Creek's JV Partner Tudor Gold Discovers a Significant New Gold-Silver-Copper Mineralized System at the Perfectstorm (PSZ) at Treaty Creek, as Well as, Expands the Goldstorm Mineralization Along the Northeast Axis to 1100 Meters
American Creek Resources Announces Granting of Incentive Options and Appointment of New Director
American Creek Resources Begins High-Resolution Magnetic and Lidar Surveys at Past Producing Dunwell Mine Property in Golden Triangle of BC
American Creek Resources Announces Significant Expansion of the D1-McBride Property in BC's Golden Triangle
American Creek's JV Partner Tudor Gold Drills Near-Surface Intercept at Treaty Creek Property Averaging 2.120 gpt AuEq over 348 Meters Within a 930 Meters Intercept Averaging 1.161 gpt AuEq in Hole GS-20-65
American Creek Resources Reports 973 Meters Averaging 0.845 gpt AuEq From Hole GS-20-57, Including 1.40 gpt AuEq Over 217.5 Meters Making It the New Best Drill Intercept for the Treaty Creek Property In BC'S Golden Triangle
American Creek Resources Announces Postponement of Annual General Meeting
American Creek Resources Provides Update on Its First Quarter Filings
American Creek Reports 3rd Drill Added on Its JV Treaty Creek Property in the Golden Triangle

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Labrador Gold

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