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Metals Creek Resources Corp V.MEK

Alternate Symbol(s):  MCREF

Metals Creek Resources Corp. is a junior exploration company. The Company is engaged in the identification, acquisition, exploration and development of mineral resource properties, and has mining interests in Ontario and Newfoundland and Labrador and in the Yukon. The Company has a 50% interest in the OgdenGold Property from Newmont Corporation, including the former Naybob Gold mine, located six kilometers (km) south of Timmins, Ontario and has an eight km strike length of the prolific Porcupine-Destor Fault (P-DF). The Shabaqua property is located within the Shebandowan Greenstone Belt. The Tillex property is located in Currie Township near the township of Matheson in Northern Ontario with infrastructure. The Company has 148 claim units in two separate blocks in the Dawson Range gold district. The claim blocks are located in the Matson Creek area, 40 km north of Kinross’ White Gold property and Kaminak’s Coffee Project.


TSXV:MEK - Post by User

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Post by Stockwatcher101on Sep 28, 2011 9:49am
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Post# 19092444

Metals Creek drills 1.65% Cu, 33.23 g/t Ag over 85

Metals Creek drills 1.65% Cu, 33.23 g/t Ag over 85

Metals Creek drills 1.65% Cu, 33.23 g/t Ag over 85.48 m

2011-09-28 06:08 MT - News Release

Mr. Sandy Stares reports

METALS CREEK RESOURCES UPDATES ITS TIMMINS DRILLING PROGRAM

Metals Creek Resources Corp. has released assay results from its recently completed five-hole, 745-metre diamond drill program on its 85-per-cent-owned Tillex copper project, located in Currie township, 65 kilometres east of Timmins, Ont.

Since completion of the Tillex drilling, the drill was mobilized to MEK's Ogden Gold Project, south of Timmins. A minimum of 3000 meters is planned on the Thomas Ogden and Naybob Zones and three holes have been completed to date. Results will be released as they are received and compiled.

Results from the Tillex Copper program include a 85.48m (meter) intercept of 1.65% Cu (copper) and 33.23 g/t (grams per tonne) Ag (silver) including a higher grade intercept of 5.29% Cu and 355 g/t Ag over 5m from hole TX11-008. Hole TX11-006 returned 0.85% Cu and 9.36 g/t Ag over 33m, including 2.06% Cu and 6.35g/t Ag over 9.5m. All 5 holes were designed to increase drill density and further define copper mineralization within the historic Tillex Copper Deposit, which was originally discovered in 1973 by Westmin Resources Ltd as well as provide a better understanding of the geology within the central portion of the deposit. Mineralization consists of disseminated and stringer chalcopyrite within a mixed sequence of andesite, graphitic argillite, dacitic tuff and feldspar porphyry.

The Tillex Copper Deposit continues to demonstrate near surface potential with the majority of the mineralization within 150m of surface. Xstrata's Kidd Creek base metal mill is located 45 kilometers by road from the deposit.

Results from this latest round of drilling are as follows:

Hole           From (m)    To (m)   Interval (m)    Grade Cu%   Grade g/t Ag                                                                            TX11-004          55.10     60.00           4.90         1.20           8.61and               74.90     80.95           6.05         0.85          13.43TX11-005          41.64     83.00          41.36         0.45           5.45including         41.64     47.64           6.00         1.47           8.68TX11-006          48.00     81.00          33.00         0.85           9.36including         48.00     57.50           9.50         2.06           6.35TX11-007                          No Significant Assays                     TX11-008          54.77    140.25          85.48         1.65          33.23including         89.00     94.00           5.00         5.55         355.00                                                                            (Note: True thicknesses are approximately 65 to 75 per cent of down hole intercepts)   

Michael MacIsaac, P.Geo and VP Exploration for the Corporation 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.

All split core samples were sent to Accurassay, an accredited laboratory in Thunder Bay, Ontario. The base metals were analyzed utilizing acid digestion with an atomic absorption finish with silver analysis determined using a 4 acid digestion method. As part of the Corporations QAQC protocol, approximately 10% of the samples submitted for assay were also sent for check assays. Standards and blanks were inserted randomly into the sample shipments as part of the sampling protocol.

We seek Safe Harbor.

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