Marketwire
TORONTO, ONTARIO--(Marketwired - Nov. 7, 2013) - Metals Creek Resources Corp. (the "Corporation") (TSX VENTURE:MEK) announces the recommencement of diamond drilling on the Ogden Property in the Timmins Gold Camp, Ontario. This next phase of drilling will be targeting shallow gold mineralization at the Thomas Ogden Zone. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Break between Goldcorp's Dome Mine and Lake Shore Gold's West Timmins development project. The Ogden Property is held under a joint venture in which Metals Creek owns 50%, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with MEK being the operator of the project.
Highlights from 2013 drilling at the Thomas Ogden Zone included holes TOG 13-25 which returned 12.53 meters (m) of 210.19 grammes per tonne (g/t) Gold (Au) including 0.93 m of 2732.64 g/t Au, and TOG-13-27 which returned 9 m of 49.96 g/t Au including 1.0 m of 434.77 g/t Au. (see press releases dated 22 May 2013 and 10 April 2013 respectively). This program will continue to further define these new high grade intersections and will help in establishing the geometry of the Thomas Ogden Zone. Drilling over the past three years has confirmed that the zone is an easterly plunging alteration zone within the Porcupine-Destor Fault zone and is typical of other deposits along strike. The zone remains open and the latest high grade intersections have added a new parameter to its potential. Highlights from the previous 2013 drilling at Thomas Ogden are outlined in the table below:
Drill Hole Number |
Meters from |
Meters to |
Total Meters |
Gold G/T
Uncut |
TOG 13-23 |
264.9 |
270.68 |
5.78 |
1.08 |
including |
264.9 |
267.15 |
2.25 |
2.05 |
TOG 13-24 |
164 |
175.4 |
11.4 |
3.91 |
including |
164 |
167 |
3 |
8.7 |
and |
202.4 |
210 |
7.6 |
1.01 |
and |
224.5 |
245.3 |
20.8 |
1.32 |
TOG 13-25 |
246 |
258.53 |
12.53 |
210.19 |
including |
257.6 |
258.53 |
0.93 |
2732.64 |
TOG 13-26 |
165.62 |
176.17 |
10.55 |
1.43 |
TOG-13-27 |
84 |
89 |
5 |
0.87 |
and |
96 |
105 |
9 |
2.49 |
and |
116 |
125 |
9 |
49.96 |
Including |
123 |
124 |
1 |
434.77 |
Results from the drill program will be released as they are received and compiled.
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.
About Metals Creek Resources Corp.
Metals Creek Resources Corp. is a well-funded 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". The Ogden Property is held under a joint venture in which Metals Creek owns 50% and is the operator, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) and is located 6 km south of Timmins, Ontario. Metals Creek also holds approximately 15% interest in Sokoman Iron Corp. (TSX VENTURE:SIC) and approximately 5% interest in Gold Royalties Corp (TSX VENTURE:GRO). The Corporation has also recently made a new gold/silver discovery in the "White Gold District" on the Squid East project in the Yukon. Metals Creek is engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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