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Monday, 04/26/2021 10:20:49 AM

Monday, April 26, 2021 10:20:49 AM

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American Creek's JV Partner Tudor Gold Announces Filing of NI 43-101 Technical Report for the Initial Mineral Resource Estimate at Treaty Creek Project, Golden Triangle, British Columbia

Cardston, Alberta--(Newsfile Corp. - April 26, 2021) - American Creek Resources Ltd. (TSXV: AMK) ("the Corporation") is pleased to announce that it's JV partner Tudor Gold Corp. has filed a Technical Report (the "Report") which includes the Initial Mineral Resource Estimate for the Goldstorm and Copper Belle zones at the Treaty Creek project (the "Property"), located within the heart of the Golden Triangle of northwestern British Columbia and on trend from Seabridge's KSM project located five kilometres southwest.

The Report is titled "Technical Report and Initial Mineral Resource Estimate of the Treaty Creek Gold Property, Skeena Mining Division, British Columbia, Canada", dated April 23, 2021, with an Effective Date of March 1, 2021. The summary results of the Report were previously announced in the Corporation's news release dated March 9th, 2021 and there are no material differences in the Mineral Resources between the Report and the previous news release.

The Report, prepared for Tudor Gold by P&E Mining Consultants Inc. (P&E), is available under Tudor Gold's profile on SEDAR at www.sedar.com or from Tudor's website at www.tudor-gold.com.

Highlights of the March 2021 Mineral Resource Estimate:

- 19.41 million ounces of Measured and Indicated gold equivalent ounces ("AuEq") at an average grade of 0.74 gpt AuEq is estimated for the Goldstorm-Copper Belle deposits.

- 14.15 million ounces of Measured and Indicated gold equivalent ounces ("AuEq") at an average grade of 0.72 gpt AuEq is within a constraining open-pit shell and 5.26 million Measured and Indicated AuEq ounces at an average grade of 0.80 gpt AuEq is for the out-of-pit Mineral Resources.

- Cut-off grades of 0.30 gpt AuEq were used inside the constraining open-pit shell Mineral Resource Estimate and a higher cut-off grade of 0.46 gpt AuEq was used for the out-of-pit Mineral Resource Estimate which includes underground constrained blocks.

- The Goldstorm Zone remains open to the northeast, to the southeast and down dip at depth to the northwest.

- A total of 218 drill holes, totalling 105,658.8 metres, were reviewed for the Mineral Resource Estimate completed by P&E. Many of these holes are outside the Goldstorm-Copper Belle deposits and were not used in the Mineral Resource Estimate. The Goldstorm-Copper Belle area has 132 holes.

- The classifications of Measured, Indicated and Inferred Mineral Resources for gold, silver, copper and gold-equivalents, and their respective tonnages are listed in Table 1 below. In addition to the 17.33 million ounces of gold in Measured and Indicated Mineral Resources and 7.22 million ounces of gold in Inferred Mineral Resources, there are 93.41 million ounces of silver estimated as Measured and Indicated Mineral Resources, with an additional 40.57 million ounces of silver in Inferred Mineral Resources. The Measured and Indicated Mineral Resources are also estimated to contain 1.096 billion pounds of copper, with an additional 330 million pounds of copper in Inferred Mineral Resources.

- A bulk density of 2.80 t/m3` was based on measurements of samples collected by P&E during their field visits.

- 5m x 5m x 5m three-dimensional block modelling was used for the Mineral Resource Estimate.

- Measured Mineral Resources are defined by four or more drill holes within 100 metres; Indicated Mineral Resources are defined by four or more drill holes within 200 metres.

Read more at & view tables at:
https://us5.campaign-archive.com/?e=6f11d69fd1&u=af629dcbbf88a5932a7e484e3&id=4f4b786666