Mr. Ken Konkin reports

AMERICAN CREEK'S JV PARTNER TUDOR GOLD INTERSECTS 45.5 METERS OF 3.73 G/T AUEQ WITHIN 525 METERS OF 1.01 G/T AUEQ FROM A 200-M NORTHEAST STEP-OUT HOLE AT THE GOLDSTORM DEPOSIT, TREATY CREEK, GOLDEN TRIANGLE BRITISH COLUMBIA

American Creek Resources Ltd.'s JV (joint venture) partner and project operator Tudor Gold has released the fifth set of drill results for the 2023 exploration program at the flagship property, Treaty Creek, located in the heart of the Golden Triangle of northwestern British Columbia.

Tudor has safely and successfully completed the 2023 drilling program with a total of 31,904 metres drilled within areas encompassing the Goldstorm deposit and the Perfectstorm zone. The assay results reported in this release are from two drill holes that targeted the northeastern area of the Goldstorm deposit and two holes that targeted the northeastern area of the Perfectstorm zone.

Ken Konkin, Tudor Gold president and chief executive officer, commented: "We are extremely pleased to announce the continued expansion of the Goldstorm deposit to the northeast. GS-23-179, a 200-metre stepout hole, has greatly enlarged the mineralized envelope. As predicted, the CS-600 system remains very robust with surprisingly high gold values in the upper portion of the domain. Although the gold-copper-silver mineralization remains consistent over very wide intercepts that yield compelling composites such as 525 m of 1.01 g/t [grams per tonne] AuEq [gold equivalent] in hole GS-23-179, higher-grade mineralization is well concentrated within core sections. The upper portion of this 525 m interval contains an enriched section that is believed to be part of a consistent quartz stockwork system that can be traced for hundreds of metres between drill holes. This system has yielded an intercept of 10.07 g/t AuEq over 12 m within the uppermost portion of the 223.5 m of 1.42 g/t AuEq interval, which is part of a much longer 525 m intercept that averaged 1.01 g/t AuEq. Notably, this 12-metre-long, high-grade gold intercept within GS-23-179 is located over 300 m northeast from a similar gold-bearing stockwork intercept encountered in GS-23-134, which reported 9.96 g/t AuEq over 25.5 m, including an enriched portion of 20.86 g/t AuEq over 4.5 m (see press release July 19, 2022). Further drilling is required to confirm the orientation and extent of this newly discovered stockwork zone. Our technical team believes this auriferous stockwork veinlet system is a late-stage event that overprints the CS-600 domain.

"In addition, drill hole GS-23-175 intersected the DS5 domain on the same northeastern-most section of the Goldstorm deposit (see Section A). In this hole, the upper enriched gold zone of the DS5 domain contained 160.5 m of 1.24 g/t AuEq within 241.5 m of 1.11 g/t AuEq. The lower DS5 domain contained 81 m of 1.17 g/t AuEq within 162 m of 1.01 g/t AuEq. Unfortunately, this hole could not be completed due to poor ground conditions and was terminated in strong gold mineralization. The Goldstorm deposit remains open in all directions and at depth.

"To top it all off, we had success at the Perfectstorm zone as well. Two drill holes intersected the northeastern-most known limit of the Perfectstorm system. The stronger results from the deeper drill hole PS-23-14 on this section suggest that gold-copper-silver mineralization is gaining strength in the northwest direction. This hole intersected a porphyritic intrusive with 0.91 g/t AuEq over 40.5 m within 139.5 m of 0.51 g/t AuEq. The Perfectstorm system has now been drill-traced for over 1,700 m by wide-spaced holes along the northeastern axis. The best results to date came from the opposite end of the system in the southwestern drill hole PS-23-10, which contained 1.28 g/t AuEq over 102.15 m (see press release Oct. 31, 2023). Clearly, further drilling is required in the southwestern sector of the Perfectstorm target, and beyond."

Section A:

• GS-23-175: Drilled as a 200 m stepout to the northeast of the DS5 domain, this hole returning two wide intervals, including 241.5 m grading 1.11 g/t AuEq (1.07 g/t Au (gold), 3.16 g/t Ag (silver) and 0.01 per cent Cu (copper)) and 162 m grading 1.01 g/t AuEq (0.96 g/t Au, 3.92 g/t Ag and 0.01 per cent Cu).
• GS-23-179: Drilled as a 200 m stepout to the northeast of the CS-600 domain. This hole returned an impressive intercept of 525 m of 1.01 g/t AuEq (0.85 g/t Au, 1.94 g/t Ag and 0.13 per cent Cu), which included a higher-grade interval of 223.5 m of 1.42 g/t AuEq (1.16 g/t Au, 2.25 g/t Ag and 0.19 per cent Cu), which includes 43.5 m of 3.73 g/t AuEq (3.52 g/t Au, 2.18 g/t Ag and 0.16 per cent Cu) and 12 m of 10.07 g/t AuEq (9.78 g/t Au, 1.35 g/t Ag and 0.23 per cent Cu).

Section B:

• PS-23-13: Drilled as a 200 m stepout from the previous northeastern-most hole at PSZ. This hole intersected three separate mineralized vein zones, one of which returned 41.50 m grading 0.50 g/t AuEq (0.41 g/t Au, 4.87 g/t Ag and 0.04 per cent Cu) that included 17.5 m of 0.72 g/t AuEq (0.59 g/t Au, 4.64 g/t Ag and 0.07 per cent Cu).
• PS-23-14: Drilled on the same section below hole PS-23-13, hole PS-23-14 encountered four separate intervals of appreciable mineralization, including 40.50 m grading 0.91 g/t AuEq (0.82 g/t Au, 2.60 g/t Ag and 0.06 per cent Cu) with a higher-grade interval of 1.50 m grading 9.26 g/t AuEq (9.17 g/t Au, 5.35 g/t Ag and 0.03 per cent Cu).

Qualified person

The qualified person for this news release for the purposes of National Instrument 43-101 -- Standards of Disclosure for Mineral Projects (NI 43-101) is Mr. Konkin, PGeo, 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.

Quality assurance/quality control (QA/QC)

Diamond drill core samples were prepared at MSA Labs' preparation laboratory in Terrace, B.C., and assayed at MSA Labs' geochemical laboratory in Langley, B.C. Analytical accuracy and precision are monitored by the submission of blanks, certified standards and duplicate samples inserted at regular intervals into the sample stream by Tudor Gold personnel. MSA Labs' quality system complies with the requirements for the international standards ISO 17025 and ISO 9001. MSA Labs is independent of Tudor Gold.

About Treaty Creek

The Treaty Creek project hosts the Goldstorm deposit, comprising a large gold-copper porphyry system, as well as several other mineralized zones. As disclosed in the "NI 43-101 Technical Report for the Treaty Creek Project," dated April 28, 2023, prepared by Garth Kirkham Geosystems and JDS Energy & Mining Inc., the Goldstorm deposit has an indicated mineral resource of 23.37 million ounces of AuEq grading 1.13 g/t AuEq (18.75 Moz gold grading 0.91 g/t, 2.18 billion pounds copper grading 0.15 per cent, 112.4 Moz silver grading 5.45 g/t) and an inferred mineral resource of 7.35 Moz of AuEq grading 0.98 g/t AuEq (5.54 Moz gold grading 0.74 g/t, 850 million lb 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, 760 Mlb 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 megadeposits.

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.