- Metals Creek Resources (TSXV:MEK) has discovered more high grade gold on the eastern portion of its Shabaqua Corners Gold Property in Ontario
- This is the second new gold discovery over the past several weeks during the team’s ongoing prospecting and geological mapping program
- Known as the East Zone, this new zone of gold mineralization is 397 metres east of the property’s Main Zone and returned assays ranging from 16 ppb (parts per billion) to 4116 ppb (4.16 grams per tonne)
- Metals Creek Resources Corp. opened trading at $0.03 per share
Metals Creek Resources (TSXV:MEK) has discovered more high grade gold on the eastern portion of its Shabaqua Corners Gold Property in Ontario.
This is the second new gold discovery over the past several weeks during the team’s ongoing prospecting and geological mapping program.
The property, which has seen very little exploration work, is within the Shebandowan Greenstone Belt, 54 kilometres west of Thunder Bay, near Shabaqua Corners and on trend to Delta Resources’ (TSX:DLTA) Delta 1 project. That company’s work returned an intercept of 5.92 g/t Au over 31 metres at a nearby hole.
Known as the East Zone, this new zone of gold mineralization is 397 metres east of the property’s Main Zone and returned assays ranging from 16 ppb (parts per billion) to 4116 ppb (4.16 grams per tonne).
An exploration permit has been applied for, so trenching within this and other areas on the property will take place once the permit is received.
Prospecting and geological mapping is ongoing to further delineate known gold mineralization along strike of the recently discovered gold zones, as well as evaluate other prospective areas of the property.
Metals Creek Resources is a junior exploration company engaged in the identification, acquisition, exploration, and development of mineral resource properties, and presently has mining interests in Ontario and Newfoundland and Labrador and in the Yukon. It has a 50 per cent interest in the Ogden Gold Property from Newmont Corp., including the Naybob Gold mine.
Metals Creek Resources Corp. opened trading at $0.03 per share.
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