Hecla Mining

American Creek Resources Completes Sale of Minority Interest in Electrum Property

Cardston, Alberta--(Newsfile Corp. - June 16, 2020) - American Creek Resources Ltd. (TSXV: AMK) (the "Company" or "American Creek") - Following its press release of May 12, 2020, the Company announces the completion of the sale of its 40% interest in the Electrum Project joint venture to Tudor Gold Corp. ('Tudor"). The purchase price received was $250,000 cash and 1,400,000 Tudor common shares, which are subject to a contractual 8 month hold period expiring February 16, 2021.

Darren Blaney, American Creek CEO stated: "We are please to be able to complete this transaction which gives the Company additional operating funds and more importantly, further increases the Company's exposure to the Treaty Creek JV Project. We are very much looking forward to the upcoming developments as the Tudor team is doing an outstanding job of advancing the Treaty Creek project in a major way".

About American Creek

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

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

The Company 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.

This news release contains forward-looking statements. These statements are based on current expectations and assumptions that are subject to risks and uncertainties. Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date. Actual results could differ materially because of factors discussed in the Company's management discussion and analysis filed with applicable Canadian securities regulators, which can be found under the Company's profile on www.sedar.com. The Company does not assume any obligation to update any forward-looking statements.

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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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