Metals Creek Resources Corp. Drills 1.21 g/t Gold Over 24.80 Meters At The Ogden Gold Project, Timmins, Ontario
21 2월 2018 - 10:30PM
via OTC PR WIRE -- Metals Creek Resources Corp. (TSX-V:MEK)
(USOTC:MCREF) (Metals Creek or the "company") is pleased to
announce drill results from its recently completed five hole
diamond drill program, totaling 1104m (meters), targeting Thomas
Ogden West mineralization (TOG West) located in the heart of the
Timmins gold camp.
Five holes were drilled in the TOG West area
focusing on the continuation of the fold structure west of the
Thomas Ogden Zone previously intercepted in hole OG17-02 (see news
release May 03, 2017) which returned an intercept of 4.96 g/t gold
over 3.97m and a second zone of mineralization returning an
intercept of 1.43 g/t gold over 14m. The TOG West mineralization is
a new discovery, interpreted to be an easterly plunging zone
parallel to the Thomas Ogden Zone (TOG) and approximately 900m west
of the TOG.
Hole TOG17-60, drilled approximately 200m east
of OG17-02 and targeting the down plunge extension of TOG West
mineralization, retuned two zones of mineralization. The first zone
of mineralization returned a down hole intercept of 8.37 g/t gold
over 2.0m (96.0m to 98.0m) with associated pyrite mineralization
and strong silicification. (Visible Gold was noted in this
intercept). A second zone of mineralization was intercepted further
down hole returning an intercept (170.5m to 195.30m) of 1.21 g/t
gold over 24.8m with strong albitization and associated pyrite and
arsenopyrite mineralization. Both intercepts are hosted within
altered conglomerates.
Significant folding was present in this hole
which appears to be an important factor in the emplacement of
higher grade gold mineralization. These two intercepts in hole
TOG17-60 are interpreted to be a part of the same stratigraphy with
folding causing a repetition of the mineralized horizon.
A drill rig has been mobilized to the Ogden
Project targeting multiple areas on the property. Results will be
released once they are received and compiled. (See news release
dated 14 Feb 2018).
Results from all drill holes in the recent
program are included in table 1 below:
Hole# FromTo Interval (m)* Gold (g/t)
Comments
TOG17-57 |
59.70 |
62.30 |
2.6 |
1.57 |
Strong silicification, py |
TOG17-58 |
238.0 |
245.0 |
7.0 |
0.83 |
Strong silicification |
TOG17-59 |
108.95 |
118.0 |
9.05 |
0.85 |
Strong silicification |
TOG17-60 |
96.0 |
98.0 |
2.0 |
8.37 |
VG
present |
and |
170.50 |
195.30 |
24.8 |
1.21 |
Strongly albitized, py-aspy |
TOG17-61A |
74.15 |
75.10 |
0.95 |
4.46 |
Above
hole TOG17-60 |
* Reported drill intercepts are not true widths.
At this time there is insufficient data to calculate true
orientations.
A drill section is attached and a drill plan map
is available on the company's website at www.metalscreek.com.
The 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. The Ogden claims cover
eight kilometers of strike length of the Porcupine-Destor Fault
between Goldcorp's >16.6 million ounce Dome Mine and Tahoe
Resources West Timmins Mine. The vast majority of the
Porcupine-Destor Fault on the property is underexplored, compared
to other properties in the Timmins Gold camp.
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. Metals
Creek also has an option agreement with Quadro Resources on Metals
Creeks and Benton Resources Staghorn Gold Project in Newfoundland
as well as two option agreements with Anaconda Mining Inc. on
Metals Creek's Jacksons Arm and Tilt Cove Properties also in
Newfoundland. The company have also signed a LOI on its Clarks
Brook property with Sokoman Iron Corp. and is 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 including the recently
acquired Great Brehat project on the Great Northern Peninsula of
Newfoundland. 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.
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
telephone: (709)-256-6060 fax: (709)-256-6061 email:
astares@metalscreek.com
MetalsCreek.com Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
A photo accompanying this announcement is available
athttp://www.globenewswire.com/NewsRoom/AttachmentNg/9781c562-88e1-496a-b77c-a191e4ec3651
Metals Creek Resources (TSXV:MEK)
과거 데이터 주식 차트
부터 1월(1) 2025 으로 2월(2) 2025
Metals Creek Resources (TSXV:MEK)
과거 데이터 주식 차트
부터 2월(2) 2024 으로 2월(2) 2025