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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

Bullboard Posts
Post by TedOwenson Apr 12, 2013 5:20pm
313 Views
Post# 21249072

Latest drill results

Latest drill results

While an impressive drill single drill hole out of the majority of the others which were relatively sub-economic, out of the 9 meter reported interval, the isolated 8 meters outside of the high grade zone averaged only 1.859 grams per ton which in essence would constitute waste rock during the extraction process. The diluting of the very high grade 1 meter section, which admittadly is a bonanza section in and of itself, makes the geological environment of prospective interest appear much more uniform in grade across its total reported section and as such, makes for greater eye candy.  

 

The press release should have read 434.77 grams per ton gold over 1.0 meters contained within an encapsulating lower grade halo of 1.859 grams per ton over 8 meters.

 

Just telling it like it is

 

Reference: https://www.corebox.net/drill_interval_calculator?data=9,49.96,,,,1,434.77,,,,

Bullboard Posts