Home / Mining Company News Releases (Unreviewed) / Metals Creek/Benton Resources Provides Update on Staghorn Gold Property

Metals Creek/Benton Resources Provides Update on Staghorn Gold Property

TORONTO, ONTARIO–(Marketwired – Aug. 13, 2015) – Metals Creek Resources Corp. (TSX VENTURE:MEK) has been provided an update by its partner Benton Resources Inc. (TSX VENTURE:BEX) (“Benton” or “the Company”). On the Staghorn gold property (under option from Metals Creek Resources Corp.; see Benton press release dated Nov. 18, 2014), Benton has completed soil geochemical sampling over 20 kilometres along the Cape Ray fault. The samples were collected at 25-metre spacing along lines at 200 to 400 metres apart. Initial results from this program delineate several areas of anomalous gold values up to 300 parts per billion. Some infill sampling has been completed in these anomalous areas, and results are expected shortly.

Additionally, 35.5 kilometres of line cutting have been completed, along with mapping, prospecting and soils to cover the area of a historic soil anomaly that returned greater than 1,000 parts per billion gold, as well as cover the Ryan’s Hammer showing where assays range from trace to 32.15 grams per tonne gold in boulders.

Anomalous gold in soils also shows the possible extension of the Woods Lake zone in both directions. Previous drilling intercepts returned up to 2.14 grams per tonne gold over 16.1 metres (including 6.18 grams per tonne gold over 5.11 metres; see Metals Creek press release dated Dec. 3, 2009). These anomalies are proximal to the newly discovered Crust and Redbull showings previously announced. These areas will be subject to trenching and drilling if warranted.

The Cape Ray/Victoria Lake regional fault zone hosts a number of gold deposits, including Marathon Gold’s Valentine Lake deposit located 30 kilometres to the northeast of Staghorn and Benton’s Cape Ray gold deposits approximately 100 kilometres to the southwest.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible 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. Metals Creek has also recently 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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