07:14:54 EDT Tue 07 May 2024
Enter Symbol
or Name
USA
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Metals Creek Resources Corp (2)
Symbol MEK
Shares Issued 149,612,266
Close 2023-09-07 C$ 0.03
Market Cap C$ 4,488,368
Recent Sedar Documents

Metals Creek begins trenching at Shabaqua Corners

2023-09-07 14:44 ET - News Release

Mr. Alexander Stares reports

METALS CREEK COMMENCES TRENCHING ON THE SHABAQUA CORNERS GOLD PROPERTY

Mechanical surface trenching has begun on Metals Creek Resources Corp.'s Shabaqua Corners gold property.

The property is located within the Shebandowan greenstone belt, approximately 54 kilometres west of Thunder Bay, Ont., near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.

Trenching will focus primarily on recently discovered gold mineralization at Echo zone (see the company's news release dated Aug. 16, 2023), East zone, as well as highly prospective peripheral areas with encouraging gold assays and alteration outside of the primary targets. Additional trenching will also take place along strike from Main zone to further delineate the on-strike extent of the pervasive alteration halo (iron carbonate, silicification) associated with gold mineralization. Gold mineralization is typically hosted within or at the contact with an iron carbonate altered conglomerate with associated quartz-carbonate veining and 1 to 5 per cent cubic pyrite, local arsenopyrite and galena. The pervasive carbonate alteration at Echo and East zones strikes roughly the same orientation to that of Main zone.

Prospecting, geological mapping and soil sampling are continuing with the aim of further delineating known gold mineralization along strike of the recently discovered gold zones as well as continuing to evaluate other prospective areas of the property.

The eastern boundary of the property is located 1.57 kilometres (km) west of Delta Resources drill hole DL-22-18, which returned an intercept of 5.92 grams per tonne (g/t) gold (Au) over 31 metres (m) (see Delta news release dated Oct. 31, 2022). Trenching conducted on Delta's ground 390 m east of the property boundary, returned an interval of 2.22 g/t Au over eight m.

Michael MacIsaac, PGeo, vice-president of exploration for the corporation and a qualified person as defined in National Instrument 43-101, is responsible for this news release and supervised the preparation of the information forming the basis for this news 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 km south of Timmins, Ont., and has an eight-kilometre strike length of the prolific Porcupine-Destor fault (P-DF). In addition, Metals Creek owns and/or has option agreements in place to acquire a 100-per-cent interest in claims in the Shabaqua Corners area of Northwestern Ontario.

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.

Additional information concerning the company is contained in documents filed by the company with securities regulators, available under the company's profile on SEDAR+.

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