Mr. Darren Blaney reports

AMERICAN CREEK'S JV PARTNER TUDOR GOLD INTERSECTS 123 METERS OF 3.51 G/T AUEQ WITHIN 601.5 METERS OF 1.4 G/T AUEQ AT THE GOLDSTORM DEPOSIT, TREATY CREEK, GOLDEN TRIANGLE BRITISH COLUMBIA

American Creek Resources Ltd.'s joint venture partner and project operator Tudor Gold has produced the sixth 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 (m) drilled within areas encompassing the Goldstorm deposit and the Perfectstorm zone. The assay results reported in this release are from three drill holes that targeted the northeastern area of the deposit; however, only two were successfully completed: GS-23-176-W1 and GS-23-177. Drill hole GS-23-176 was terminated due to unfavourable deviation and was redrilled as wedge hole GS-23-176-W1 which did reach the intended target area. The Goldstorm deposit remains open in all directions and at depth.

Ken Konkin, Tudor Gold president and chief executive officer, commented: "We are very pleased to announce the continuing expansion and definition of the Goldstorm domains in the northeastern sector of the deposit. Three of the largest mineralized domains, including 300H, CS-600 and DS5, reported excellent results from these latest drill holes. The highlight of the 2023 program is the remarkable continuation of higher grades of gold, copper and silver throughout the northern aspect of the Goldstorm deposit. One of the best-looking mineralized areas of the deposit to date is the lower CS-600 domain within GS-23-176-W1, which returned 273.75 m of 2.19 g/t AuEq [grams per tonne gold equivalent] (1.98 g/t Au, 3.30 g/t Ag, 0.15 per cent Cu) that includes an enriched central core that averaged 3.51 g/t AuEq (3.23 g/t Au, 5.57 g/t Ag, 0.19 per cent Cu) over 123 m. An interval of higher-than-average gold values was intersected near the end of GS-23-176-W1 that was associated with narrow quartz veinlets with minor disseminated pyrite; this is interpreted to be part of the DS5 domain, which may extend to greater depths than previously thought. If possible, Tudor may extend this hole during the 2024 drill program to determine if there is a continuation to the lower 27 metres of mineralization that averaged 2.41 g/t AuEq near the bottom of this hole.

"The most significant aspect of GS-23-176-W1 may be the 15 m of 15.64 g/t AuEq (14.89 g/t Au, 4.72 g/t Ag, 0.60 per cent Cu) that occurs at the core of the richest portion of the CS-600 domain. This enriched quartz stockwork in the lower part of CS-600 is a comparable-looking zone to the high-grade gold interval encountered within the CS-600 in GS-22-134, located 135 m to the west. GS-22-134 intersected 25.5 m of 9.96 g/t AuEq (see press release dated July 19, 2023). This may be related to a later mineralizing event that overprints the CS-600 copper-gold porphyry mineralization with a discrete high-grade gold-dominant quartz stockwork system. Tudor's technical team is examining the hypothesis that there may be an independent high-grade system that cuts both 300H and CS-600 domains. Including the high-grade interval, the overall larger composite of the CS-600 domain totalling 601.5 m of 1.40 g/t AuEq is comparable to that of GS-21-113-W2 which had a composite of 732 m of 1.60 g/t AuEq (see press release dated Aug. 11, 2022). These two intercepts could now significantly contribute to the indicated mineral resource for the next mineral resource update, which will benefit from the increased drilling density provided by this program.

"Equally impressive were the results from GS-23-177 where an enriched core of the 300H domain yielded 82.5 m of 1.92 g/t AuEq within 311.5 m of 1.04 g/t AuEq in the upper portion of that hole. Additionally, the composite for the CS-600 domain comprised yet another long intercept of 517.5 m that averaged 1.01 g/t AuEq, which included an enriched core that averaged 1.53 g/t AuEq (0.92 g/t Au, 5.80 g/t Ag, 0.46 per cent Cu) over 124.5 m. Near the lower contact of the CS-600 domain, another enriched zone was intersected that yielded 19.50 m of 5.70 g/t AuEQ (5.41 g/t Au, 1.09 g/t Ag, 0.24 per cent Cu). The results from these two sections will add to the overall quantity of gold, silver and copper in the indicated and inferred categories of the next mineral resource update."

Darren Blaney, American Creek president and CEO, states: "The consistency of the mineralization at Treaty Creek continues to astound, and not only over the ultralong intervals of lower-grade gold, but it appears that consistency is present within the high-grade horizons as well. The northern reaches of the Goldstorm deposit appear to have grade, continuity and scale which could dramatically alter the potential of the deposit. We eagerly anticipate the remaining holes from the 2023 drill program at Treaty Creek."

Section A:

• GS-23-176: Was drilled to target deep CS-600 domain mineralization, outside the current mineral resource area. The hole intersected 114.10 m grading 1.01 g/t AuEq (0.80 g/t Au, 8.10 g/t Ag, 0.10 per cent Cu), including 61.60 m grading 1.32 g/t AuEq (1.01 g/t Au, 12.36 g/t Ag, 0.16 per cent Cu). The hole was stopped due to unfavourable deflection, and drilling was continued with a daughter wedge hole, GS-23-176-W1.
• GS-23-176-W1: This hole successfully intersected the CS-600 domain with 601.5 m of 1.40 g/t AuEq (1.23 g/t Au, 2.93 g/t Ag, 0.12 per cent Cu) which included a higher-grade interval of 273.75 m of 2.19 g/t AuEq (1.98 g/t Au, 3.30 g/t Ag, 0.15 per cent Cu) that also included 123 m of 3.51 g/t AuEq (3.23 g/t Au, 5.57 g/t Ag, 0.19 per cent Cu) and 15 m of 15.64 g/t AuEq (14.89 g/t Au, 4.72 g/t Ag, 0.60 per cent Cu). Below the CS-600 domain, an interval of 27 m grading 2.41 g/t AuEq (2.36 g/t Au, 3.91 g/t Ag, 0.01 per cent Cu) was intersected and is interpreted to be associated with the DS5 domain.

Section B:

• GS-23-177: This hole was drilled to increase the drilling density in the CS-600 domain where the current mineral resource estimate is categorized as inferred mineral resources. The hole intersected mineralization associated with the 300H domain that consisted of 311.5 m grading 1.04 g/t AuEq (0.99 g/t Au, 4.06 g/t Ag and 0.01 per cent Cu) and included 82.5 m of 1.92 g/t AuEq (1.84 g/t Au, 6.72 g/t Ag and 0.01 per cent Cu).
• The CS-600 domain was intersected with 100.50 m grading 0.71 g/t AuEq (0.54 g/t Au, 1.42 g/t Ag, 0.13 per cent Cu), followed by 517.5 m grading 1.01 g/t AuEq (0.71 g/t Au, 2.35 g/t Ag, 0.23 per cent Cu), including an enriched core of 124.5 m grading 1.53 g/t AuEq (0.92 g/t Au, 5.80 g/t Ag, 0.46 per cent Cu), and including an enriched lower zone of 19.5 m grading 5.70 g/t AuEq (5.41 g/t Au, 1.09 g/t Ag, 0.24 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 is Tudor Gold's president and CEO, Mr. Konkin, PGeo. 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

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.

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