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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 deewdeewon Feb 08, 2018 7:30am
116 Views
Post# 27524763

anaconda

anaconda https://www.streetwisereports.com/article/2018/02/07/anaconda-scores-34-7-g-t-gold-over-3-5-meters.html

Option Agreement with Anaconda Mining -Jacksons Arm in Newfoundland. -To earn a 100% interest, payments to Metals Creek of $200,000 in cash ($20,000 after TSX approvalPaid),500,000 common shares of Anaconda (50,000 after TSX approval-Paid) over a three-year period - two percent (2%) net smelter returns royalty (“NSR”) to MEK -Anaconda is required to spend a total of $750,000 in qualified exploration expenditures on the Jackson’s Arm Property during the option period. Another Option Agreement with Anaconda Mining -Tilt Cove in Newfoundland. -To earn a 100% interest, payments to Metals Creek of $200,000 in cash ($20,000 after TSX approval-Paid),500,000 common shares of Anaconda (50,000 after TSX approval-Paid) over a three-year period -One percent (1%) net smelter returns royalty (“NSR”) to MEK -Anaconda is required to spend a total of $750,000 in qualified exploration expenditures on the Tilt Cove Property during the option period.
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