Home / Mining Company News Releases (Unreviewed) / Metals Creek Resources Corp. Drills 4.07 g/t Gold Over 6.54 Meters at Naybob South on the Ogden Gold Project-Timmins, Ontario

Metals Creek Resources Corp. Drills 4.07 g/t Gold Over 6.54 Meters at Naybob South on the Ogden Gold Project-Timmins, Ontario

TORONTO, ONTARIO–(Marketwired – Sept. 16, 2015) – Metals Creek Resources Corp. (TSX VENTURE:MEK) (the “Company”) is pleased to report assay results from the first drill hole received from drilling on the recently completed three hole drill program on the Naybob South Zone located on the Ogden Property in the Timmins Gold Camp, Ontario. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Break between Goldcorp’s Dome Mine and Lake Shore Gold’s West Timmins Mine. The Ogden Property is held under a joint venture in which Metals Creek owns 50%, and Goldcorp Canada Ltd. (“Goldcorp”) owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with MEK being the operator of the project.

OG-15-37 was drilled within the Naybob South Stratigraphy and returned a down hole intercept of 4.07 grammes per tonne (g/t) gold over 6.54 meters. The hole was described as a strongly altered and brecciated sedimentary unit with strong albitization and silicification with associated pyrite and arsenopyrite mineralization. Visible Gold was noted in this intercept. This intercept was a part of second parallel zone of mineralization footwall to the Naybob South main zone which returned a downhole intercept of 0.90 g/t gold over 2.54m. This drill program focused on near surface mineralization as well as further defining a potential second parallel zone of mineralization within the Naybob South Zone which has been partially defined from previous drill campaigns.

Note: True thicknesses are approximately 70-80% of downhole intercepts.

Results from the remaining two drill holes will be released when they are received and compiled.

In addition, the company announces that following the closing of the first tranche of the recently announced Private Placement (see MEK’s news release dated 14 Sept 2015), a drill program is currently being planned for the Thomas Ogden Zone and Naybob South. For more information on the Thomas Ogden Zone and the Ogden gold project, investors are directed to the company’s website www.metalscreek.com.

All split core samples were sent to Accurassay, an accredited laboratory in Thunder Bay, Ontario. The precious metals were analyzed utilizing a standard fire assay with an atomic absorption finish. As part of the Corporations QAQC protocol, approximately 10% of the samples submitted for assay were also sent for check assays. Standards and blanks were inserted randomly into the sample shipments as part of the sampling protocol. Samples with fire assay results above 1.0 g/t gold are re-analyzed using a gravimetric finish and samples with fire assay results above 5.0 g/t gold or samples showing visible gold are analyzed using the pulp metallic method.

Michael MacIsaac, P.Geo and VP Exploration for the Corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol “MEK”. Metals Creek has earned a 50% interest in the Ogden Gold Property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific Porcupine-Destor Fault (P-DF) that stretches between Timmins, Ontario and Val d’Or, Quebec. The Company has also recently entered into a JV with Benton Resources on Metals Creeks Staghorn Gold Project in Newfoundland. Metals Creek has also made a new gold/silver discovery in the “White Gold District” on the Squid East project in the Yukon and is also engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

On Behalf Of the Board of Directors

Metals Creek Resources Corp.

Alexander Stares, President and CEO

Metals Creek Resources Corp.
Alexander Stares
President and CEO
(709)-256-6060
(709)-256-6061 (FAX)
[email protected]
www.MetalsCreek.com

 

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