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Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 61,146,268
Close 2018-09-05 C$ 0.05
Market Cap C$ 3,057,313
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Metals Creek to begin Garrison geophysical survey ASAP

2018-09-05 12:12 ET - News Release

Mr. Alexander Stares reports

METALS CREEK RESOURCES PROVIDES UPDATE ON THE GARRISON PROJECT ADJACENT TO OSISKO MINING AND KIRKLAND LAKE GOLD IN GARRISON TOWNSHIP, ONTARIO

Metals Creek Resources Corp. has provided an update on the 10 patented mining claims (the Garrison project) located in the Garrison township, approximately 35 kilometres north-northeast of Kirkland Lake, Ont. The Garrison project is contiguous with Osisko Mining to the west, south and east, and contiguous with Kirkland Lake Gold to the north.

Compilation of historical data by the company on the Garrison project has highlighted a highly prospective drill target consisting of carb-altered mafic volcanics with associated pyrite mineralization, as well as quartz stockwork. Drill hole BM88-1 intercepted 22.09 grams per tonne (g/t) gold over 6.1 metres, including 74.63 g/t Au over 1.52 metres. Farther down the hole were additional intercepts of 3.41 g/t Au over 2.74 metres and 1.74 g/t Au over 9.33 metres.

Hole BM88-5 undercut hole BM88-1 and returned a downhole intercept of 36.12 g/t Au over 1.52 metres, exhibiting similar style mineralization to that of hole BM88-1.

Reported intercepts are not true widths. At this time there are insufficient data to calculate true orientations.

The company cautions that all data in this release are historical in nature, have not been verified or validated, and should not be relied upon.

A grid has been completed over the entire property. A ground geophysical survey consisting of induced polarization and magnetics will commence as soon as practical. Once the geophysical program is complete and the data have been reviewed and compiled, a detailed mapping program will commence to further delineate priority targets for an upcoming drill program.

Metals Creek can earn a 100-per-cent interest in the patents by making cash payments totalling $310,000 over a period of four years following the execution of the letter of intent. The vendors will retain a 2-per-cent net smelter return royalty, which the company can purchase 1 per cent of for $1-million.

About Metals Creek Resources Corp.

Metals Creek Resources 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 Resources has earned a 50-per-cent interest in the Ogden gold property, including the former Naybob gold mine located six kilometres south of Timmins, Ont., and has an eight km strike length of the prolific Porcupine-Destor fault that stretches between Timmins, Ont., and Val d'Or, Que. Metals Creek Resources also has an option agreement with Quadro Resources on Metals Creek Resources 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). Metals Creek Resources has also signed a letter of intent 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.

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