Mr. Kelvin Burton reports

AMERICAN CREEK'S JV PARTNER TUDOR GOLD PROVIDES UPDATE ON 2023 EXPLORATION PROGRAM WITH OVER 5,400 METERS DRILLED AT THE TREATY CREEK JOINT VENTURE PROJECT, LOCATED IN THE GOLDEN TRIANGLE OF BRITISH COLUMBIA

American Creek Resources Ltd.'s joint venture (JV) partner, Tudor Gold, the project operator, has made significant drilling progress on its 2023 exploration program at its flagship property, Treaty Creek, located in the Golden Triangle of northwest British Columbia.

To date, Tudor has successfully completed over 5,400 metres of infill and stepout drilling, which forms part of a larger diamond drilling campaign spanning at least 25,000 metres. Currently, there are four drill rigs in operation.

The first hole of the season, GS-23-164, a 150-metre stepout to the northeast, has successfully reached its intended depth, intersecting the DS-5 zone. This intersection revealed mineralization and veining from 558 m to 1,083 m, including a consistently observed, strongly altered, stockwork vein zone from 885 m to 972 m, similar to previous DS-5 holes.

Another noteworthy drill-hole, GS-23-167, a 170-metre stepout, recently entered the CS-600 zone, intercepting disseminated chalcopyrite with minor copper sulphosalts, and several semi-massive chalcopyrite veinlets associated with strong silicification and potassic alteration. The Goldstorm system is now approaching 2,000 metres in length along the northeast axis, and remains open in all directions and at depth.

Based on the exciting results of holes GS-23-164 and GS-23-167, another stepout drill hole, GS-23-169, was collared and is currently at 357 m of a planned 1,200 m depth, targeting a further 150 m northeast stepout from GS-23-167 of the CS-600 zone. Furthermore, Tudor's technical team is planning to construct two additional drill pads for future drilling activities located at approximately 150 m and 300 m farther to the northeast. These new drill pad locations will enable continued exploration of gold-copper mineralization targeting the north and northeast extensions of the CS-600 and DS-5 zones.

In addition to the stepout holes, two infill holes are currently targeting areas of the Goldstorm deposit to convert inferred resources to the indicated category. Hole GS-23-166-W1 is at 570 m of a planned 1,150 m depth and is targeting a pocket of inferred CS-600 ounces, as well as a northward expansion of the DS-5 zone. Hole GS-23-168 is at 1,008 m of a planned 1,800 m depth, targeting the deep CS-600 zone, infilling between holes GS-22-157 and GS-21-113-W2.

Results from the program will be provided by Tudor once final assays are received and compiled.

Ken Konkin, president and chief executive officer of Tudor Gold, commented: "The safe and efficient start-up of 2023 exploration campaign has been a huge success. We thank our good neighbours at the Brucejack mine for allowing our ground crews to mobilize drills, equipment and supplies over our winter road by utilizing the Brucejack mine access road. We have successfully completed this exercise over the past few years and we very much appreciate the assistance to allow our crews to safely get the job done. The recent drill intercept in our northeastern-most hole, GS-23-167, has prompted our technical team to construct more drill pads to target the northeastern aspect of the deposit as, clearly, the CS-600 domain continues to expand in this direction. Pad builders are now completing several set-ups for the two remaining drill rigs that are committed to drill the Perfectstorm zone, which lies equidistant between our Goldstorm deposit and Seabridge Gold's Iron Cap deposit. We anticipate the start-up of the two rigs at Perfectstorm over the next two to three weeks."

The program

The 25,000 m diamond drilling program at Treaty Creek has been designed to test the north and northeast mineral extensions of the Goldstorm deposit, where drilling in 2021 and 2022 intercepted the highest grades of gold, copper and silver mineralization at the Treaty Creek project. These results contributed to a significantly upgraded mineral resource estimate, which reported an indicated mineral resource of 23.37 million ounces (Moz) of gold equivalent (AuEq) grading 1.13 grams per tonne (g/t) AuEq and an inferred mineral resource of 7.35 Moz of AuEq grading 0.98 g/t AuEq. In addition to the northern stepout drilling at the Goldstorm deposit, Tudor plans to carry out exploration drilling at the Perfectstorm zone (PSZ) to follow-up on six drill holes that were drilled in 2020 and 2021, which all intercepted gold and silver mineralization, highlighted by hole PS-21-06 which returned 118 m of 0.66 g/t gold and 3.69 g/t silver, including 31.5 m of 0.84 g/t gold and 6.09 g/t silver. PSZ is a gold-dominant mineralized system measuring 1.3 kilometres in strike length, and is located approximately 2.5 km southwest of the Goldstorm deposit and approximately 2.5 km northeast of Seabridge Gold's Iron Cap deposit near the southwestern boundary of the Treaty claim block.

Qualified person

The qualified person for this news release for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects is Ken Konkin, P.Geo, Tudor Gold's president and CEO. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

About Treaty Creek

The Treaty Creek project hosts the Goldstorm deposit, a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the March news release, the Goldstorm deposit has an indicated mineral resource (as defined in National Instrument 43-101) of 23.37 Moz of AuEq grading 1.13 g/t AuEq (18.75 Moz gold grading 0.91 g/t, 2.18 billion pounds (Blb) copper grading 0.15 per cent, 112.4 Moz silver grading 5.45 g/t) and an inferred mineral resource (as defined in NI 43-101) of 7.35 Moz of AuEq grading 0.98 g/t AuEq (5.54 Moz gold grading 0.74 g/t, 0.85 Blb copper grading 0.16 per cent, 45.08 Moz silver grading 5.99 g/t), with a pit constrained cut-off of 0.5 g/t AuEq and an underground cut-off of 0.7 g/t AuEq. The Goldstorm deposit has been categorized into three dominant mineral domains and several smaller mineral domains. The CS-600 domain largely consists of an intermediate intrusive stock and hosts the majority of the copper mineralization within the Goldstorm deposit. CS-600 has an indicated mineral resource of 9.86 Moz AuEq grading 1.10 g/t AuEq (6.22 Moz gold grading 0.70 g/t, 1.98 Blb copper grading 0.32 per cent, 51.1 Moz silver grading 5.71 g/t) and an inferred mineral resource of 3.71 Moz AuEq grading 1.19 g/t AuEq (2.32 Moz gold grading 0.75 g/t, 0.76 Blb copper grading 0.36 per cent, 18.71 Moz silver grading 6.01 g/t). The Goldstorm deposit remains open in all directions and requires further exploration drilling to determine the size and extent of the deposit.

Treaty Creek JV partnership

American Creek is a proud partner in the Treaty Creek project.

The project is a joint venture with Tudor Gold owning three-fifths and acting as operator. American Creek and Teuton Resources each have a one-fifth interest in the project creating a 3:1 ownership relationship between Tudor Gold and American Creek.

American Creek and Teuton hold fully carried 20-per-cent interests, which means no development costs are incurred by these companies until a production notice is issued. This gives shareholders a unique opportunity, to avoid the dilutive effects of exploration while maintaining their full 20-per-cent exposure to one of the world's most exciting mega deposits.

About American Creek Resources Ltd.

American Creek is a Canadian junior mineral exploration company with gold and silver properties in British Columbia, Canada.

The corporation has an interest in the Treaty Creek property, a joint venture project with Tudor Gold located in British Columbia's prolific Golden Triangle.

The corporation also holds the Austruck-Bonanza gold property located near Kamloops.

We seek Safe Harbor.