AMERICAN CREEK RESOURCES SELLS TIDE PROPERTY FOR $1.5 MILLION
| July 17, 2012 | TSX-V: AMK, OTCBB: ACKRF |
American Creek Resources Ltd. (TSX-V:AMK, OTCBB:ACKRF) is pleased to announce that it has sold its 51% interest in the Tide Property, located near Stewart, British Columbia, to 0945473 B.C. Ltd., a Hunter Dickinson Inc. (HDI) company, for the sum of $1.5 million cash. American Creek has retained a right of access over the Tide Property for the purposes of continuing exploration of its adjacent Electrum Project.
Proceeds from the sale will be used for general working capital purposes.
American Creek Resources Ltd. is a Canadian mineral exploration company focused on the acquisition, exploration and development of gold and silver properties within the Province of British Columbia, Canada.
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