MEK potential = 30 million oz Gold and MEK with closer location in pipeline fault zone to Hollinger Goldcorp (19.4M), Dome Mine (13.3M), McIntyre (10.8M) and longer 8KM of Destor Fault old Gold Mines property has bigger Potential of more Gold -
- Goldcorp approves Metals Creek drilling - TORONTO, ONTARIO--(Marketwired - April 26, 2016) -
Metals Creek Resources Corp. (TSX VENTURE:MEK) (the "Company") is pleased to report that the Company have received from its Joint Venture partner Goldcorp, approval for the amended drill program on The Ogden Gold Project in Timmins, Ontario. Drilling will commence in seven to ten days.
The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Fault between Goldcorp's 16.5 million oz Dome Mine and Tahoe Resources' West Timmins Mine.
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.
In a News Release dated 04 March, 2016, the Company announced a step-out hole (OG16-040) that has demonstrated the presence of high grade gold mineralization west of the Thomas Ogden Zone (TOZ). Other than an historic hole on the same section as OG16-040, the Thomas Ogden West stratigraphy remains untested for an additional 1.5 kilometers west of TOZ.
As a result of this discovery, management has revised the previously announced 3500 meter program (see news release dated December 8, 2015) to include additional holes in the Thomas Ogden West stratigraphy which remains untested for an additional 1 kilometer west of hole OG16-040 which includes a 500m untested Induced Polarization (IP) geophysical anomaly. The geophysical signature of this untested anomaly has similar characteristics to that of the Thomas Ogden Zone.
Michael MacIsaac, P.Geo and VP Exploration for the Company 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 Creek's 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.
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.
Contact:
Metals Creek Resources Corp. Alexander (Sandy) Stares President and CEO (709) 256-6061 (709) 256-6060 astares@metalscreek.com http://www.MetalsCreek.com
MEK potential = 30 million oz Gold and
MEK with closer location in pipeline fault zone to Hollinger Goldcorp (19.4M), Dome Mine (13.3M), McIntyre (10.8M) and longer 8KM of Destor Fault old Gold Mines property has bigger Potential of more Gold -
ex... Metals Creek Intersects 1.92 g/t gold over 94.0 meters, including two higher grade intervals at the Thomas Ogden Zone in Timmins, Ontario (via Thenewswire.ca) Toronto, 15 February, 2012 -.its only a sniff of the multi million Au Mother Lode hidden bellow
Ogden Project covers eight kilometers of strike length of the Porcupine-Destor Break and includes the former; The Naybob Gold Mine and The Thomas Ogden Gold Mine Zone. The property is located between Goldcorp's Dome Mine and Mill Complex and Lake Shore Gold's West Timmins Mine -
METALS CREEK RESOURCES CORP. OGDEN GOLD PROPERTY EXPLORATION UPDATE Toronto, April 26, 2016.
Metals Creek Resources Corp. (TSX-V:MEK) (the “Company”) is pleased to report that the Company have received from its Joint Venture partner Goldcorp, approval for the amended drill program on the Ogden Gold Project in Timmins Ontario. Drilling will commence in seven to ten days.