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Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 61,146,268
Close 2018-10-31 C$ 0.045
Market Cap C$ 2,751,582
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Metals Creek completes geophysical program at Garrison

2018-11-01 12:56 ET - News Release

Mr. Alexander Stares reports

METALS CREEK RESOURCES COMPLETES GROUND GEOPHYSICAL PROGRAM ON THE GARRISON PROJECT ADJACENT TO OSISKO MINING AND KIRKLAND LAKE GOLD IN GARRISON TOWNSHIP, ONTARIO

Metals Creek Resources Corp. has completed a ground geophysical program on the 10 patented mining claims (the Garrison project) located in 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 (see map on the company's website).

The geophysical program consisted of induced polarization (IP) and magnetics over the entire property. Once the company receives the final interpretation report and the data have been compiled and reviewed, targets will be mapped in preparation for drilling. 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 gold over 6.10 metres, including 74.63 g/t Au over 1.52 m (source: project update drilling report, 1989). Further down hole were additional intercepts of 3.41 g/t Au over 2.74 m and 1.74 g/t Au over 9.33 m (see news release Sept. 5, 2018). The corporation cautions that all drill data in this release are historical in nature, have not been verified or validated, and should not be relied upon.

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 LOI. The vendors will retain a 2-per-cent net smelter return royalty, of which the company can purchase 1 per cent for $1-million.

About Metals Creek Resources Corp.

Metals Creek 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 (P-DF) that stretches between Timmins, Ont., and Val d'Or, Que. 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 also has an option agreement 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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