02:30:35 EDT Wed 08 May 2024
Enter Symbol
or Name
USA
CA



Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 149,612,266
Close 2023-06-14 C$ 0.03
Market Cap C$ 4,488,368
Recent Sedar Documents

Metals Creek, Endurance assay 11.4 g/t Au at Bag Lake

2023-06-14 16:27 ET - News Release

Also News Release (C-EDG) Endurance Gold Corp

Mr. Alexander Stares of Metals Creek reports

METALS CREEK DISCOVERS NEW MINERALIZATION UP TO 11.4 G/T GOLD ON THE BAG LAKE CLAIM BLOCK IN FLINT LAKE JV PROPERTY

Metals Creek Resources Corp. discovered new gold mineralization on the Bag Lake claim block within the Flint Lake joint venture property while performing prospecting in May, 2023.

The property is operated through a joint venture agreement with Endurance Gold Corp., in which Metals Creek holds an 81.3-per-cent interest in the property and EDG holds the remaining 18.7 per cent. The Flint Lake property lies within the central portion of the east-west-trending Wabigoon geological subprovince and is host to numerous underexplored greenstone-hosted gold occurrences. This western portion of the Wabigoon greenstone belt is an emerging gold camp with developing projects from the Cameron Lake deposit by First Mining Gold and recently commissioned New Gold's Rainy River mine.

Fourteen grab samples were taken from the new zone of mineralization with assays ranging from 93 parts per billion gold to 11,400 ppb Au (11.4 grams per tonne Au). Gold mineralization is hosted within pervasively carbonatized mafic volcanics with associated silicification. Strong pyrite mineralization is present ranging from 2 to 10 per cent, exhibiting both cubic and finely disseminated textures with local trace galena. Quartz veining and stockwork show an association with the finely disseminated sulphides and chlorite along contacts. To date within the Bag Lake claim block, three parallel promising gold zones have been outlined with limited work carried out on each. Follow-up sampling/prospecting will take place later in the summer to further evaluate the on-strike extent of the newly discovered gold mineralization and determine if this new zone is an on-strike extension of the previously defined middle gold trend. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property.)

With Metals Creek's current primary focus on newly acquired Shabaqua Corners gold and its Ogden gold project in Timmins, Flint Lake is available for option.

All samples were sent to Activation Laboratories. The precious metals were analyzed utilizing a standard fire assay with an atomic absorption finish.

Michael MacIsaac, PGeo, vice-president, exploration, for the corporation, 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 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-per-cent interest in the Ogden gold property from Newmont Corp., including the former Naybob gold mine, located six kilometres south of Timmins, Ont., and has an eight-kilometre strike length of the prolific Porcupine-Destor fault (P-DF).

Metals Creek also has multiple quality projects available for option which can be viewed on the company's website. Parties interested in seeking more information about properties available for option can contact the company.

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