Wednesday, August 18, 2021 12:28:10 PM
Thunder Bay Ontario, August 18, 2021 - Metals Creek Resources Corp. (the “Company” or Metals Creek, TSXV: MEK, OTCQB: MCREF, FRA:M1C1) is pleased to announce final diamond drill results for drill holes DL21-016 and DL21-017 from the phase II diamond drill program at the Dona Lake Gold project (See News Release November 18, 2020).
Drill hole DL21-017 returned a core length intercept of 2.17 grams per ton (g/t) gold (Au) over 15.70 meters(m) (568.40 – 584.10m). Included in this interval was 3.94 g/t Au over 4m (568.40 – 572.40m). Mineralization is hosted within silicate-sulfide iron formation and characterized by stringer to disseminated pyrrhotite ranging from 1 to 5% with local pyrite. Sections of silicate-oxide iron formation with magnetite is also present.
Drill hole DL21-016 intersected the main zone at approximately 596m below surface and returned a core length intercept of 5.0 g/t Au over 3m. This was a part of a broader zone of mineralization of 2.39 g/t Au over 11.42m (625.58 – 637.00m). (See Table 1 Significant Results). Mineralization consisted of 3-12% pyrrhotite with local pyrite. Alteration consists of moderate to strong grunerite, amphibole and garnets with strong folding also present locally. Hole DL21-016 intercepted the main zone stratigraphy approximately 58m north along strike and roughly the same elevation as hole DL21-010, which was the deepest hole drilled to date on the Dona Lake project. A 3m felsic dike was present within the high-grade mineralization in hole 016 resulting in a narrower high-grade intercept.
Both holes DL21-010 and DL21-016 continue to demonstrate the continuation of high-grade iron formation at depth below current drilling to date. Further delineation of the high-grade mineralization below the current drilling will be a high priority in the upcoming drill program scheduled for this fall.
“This round of drilling was successful in further defining mineralization below the 455 level as well as evaluating the remaining high-grade mineralization south of the Dona Lake mine workings. Future drilling will continue to target the down plunge extension of the mine stratigraphy below existing drilling and continue to build on recent success in delineating high grade mineralization remaining south of the mine workings as well as testing for any potential high-grade mineralization north of the mine workings.” States Alexander (Sandy) Stares, President and CEO of Metals Creek.
Read more and view drill tables at:
https://www.metalscreek.com/august-18-2021
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