InvestorsHub Logo
Followers 21
Posts 4568
Boards Moderated 0
Alias Born 04/19/2011

Re: None

Tuesday, 03/01/2022 3:37:17 PM

Tuesday, March 01, 2022 3:37:17 PM

Post# of 120
Metals Creek Drill Hole DL21-022 Returns 2.26 g/t Gold Over 22.04 Meters, Including 3.45 g/t Gold Over 10.13 Meters at Dona Lake

Thunder Bay Ontario, March 01, 2022 - Metals Creek Resources Corp. (the “Company” or Metals Creek, TSXV: MEK, OTCQB: MCREF, FRA:M1C1) is pleased to announce diamond drill results for drill holes DL21-022 and DL22-023 from the phase III diamond drill program at the Dona Lake Gold project (See News Release November 08, 2021).

Drill hole DL21-022 intersected the Main Zone stratigraphy at approximately 518 meters(m) below surface and 68m below the lowermost mine working (455 Level) returning a core length intercept of 3.45 grammes per ton (g/t) gold (Au) over 10.13m (557.00 – 567.13m). This was a part of a broader zone of mineralization of 2.26 g/t Au over 22.04m (549.11 – 571.15m). (See Table 1 Significant Results). Mineralization is hosted within silicate-sulfide iron formation and characterized by stringer to disseminated pyrrhotite ranging from 1 to 15% with local pyrite. Alteration consists of moderate to strong hornblende, garnet and grunerite. Primary banding within the iron formation has become more diffuse with an increase in alteration intensity. Visible Gold (VG) was noted in this intercept.

Drill hole DL22-023 intersected the Main Zone stratigraphy at approximately 510m below surface and returned a core length intercept of 4.47 grammes per ton (g/t) gold (Au) over 1.83 meters(m) (586.01-587.84m). Mineralization is hosted within silicate-sulfide iron formation with disseminated to stringer pyrrhotite ranging from 1 to 15% and trace disseminated pyrite. VG was noted in this intercept. DL22-023 was the most northerly hole drilled by the Company to date as shown on the attached longsection in an attempt to further define the northern limit of gold mineralization within Main Zone.

Drilling to date has successfully extended high grade gold mineralization 151m below the lower most mine working, or 596m below surface along with further defining high-grade mineralization 50m south of the Dona Lake mine workings.

Drilling is ongoing and will continue to target the down plunge extension of the mine stratigraphy as well as test peripheral targets which include the North West Zone and the East Iron Formation.


Read more at:
https://www.metalscreek.com/march-1-2022


Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent MEK News