Metals Creek starts drilling at Thomas Ogden West
METALS CREEK Resources Corp. has commenced diamond drilling proximal to previously drilled hole OG17-002 that was collared to test a geophysical induced polarization (IP) target and successfully intersected two zones of gold mineralization. The first zone intersected 3.97 metres (m) (from 96.88 m to 100.85 m downhole) of 4.96 grams per tonne (g/t) gold (Au) within a broader zone which assayed 3.07 g/t Au over 8.22 m. A second zone, farther down the hole, returned a core length intercept (from 129 m to 143 m) of 1.43 g/t Au over 14 m. This mineralization is hosted within a strongly altered felsic dike with visible gold and is similar to footwall mineralization in the Thomas Ogden zone (TOZ) (see news release dated May 3, 2017).
Significant folding of the stratigraphy has been documented in hole OG17-002, a potential structural control for higher-grade gold mineralization along the fold hinges at the TOZ area. The upcoming diamond drill program is designed to further evaluate stratigraphy west of TOZ.
Results from this drilling will be released once they are received and compiled by the company.
The property is held under a joint venture in which Metals Creek owns 50 per cent, and Goldcorp Canada Ltd. owns 50 per cent (as manager and on behalf of the Porcupine joint venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with Metals Creek being the operator of the project. The Ogden claims cover eight kilometres of strike length of the Porcupine-Destor fault between Goldcorp’s 16.6-million-ounce Dome mine and Tahoe Resources’ West Timmins mine. The vast majority of the Porcupine-Destor fault on the property is underexplored, compared with other properties in the Timmins gold camp.
Michael MacIsaac, PGeo, vice-president, exploration, for the corporation, 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 is a 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 Metals Creek. Metals Creek has earned a 50-per-cent interest in the Ogden gold property, including the former Naybob gold mine, located six km south of Timmins, Ont., and has a eight km strike length of the prolific Porcupine-Destor fault (P-DF) that stretches between Timmins, Ont., and Val d’Or, Que. The company has also recently entered into an option/joint venture with Trifecta Gold Ltd. on Metals Creek’s Squid properties in Yukon. Metals Creek also has an option agreement with Quadro Resources on Metals Creek’s and Benton Resources’ Staghorn gold project
in Newfoundland as well as two option agreements with Anaconda Mining Inc. on Metals Creek’s Jacksons Arm and Tilt Cove properties, also in Newfoundland.
Patrick Mohan, Newman Wayne Reid, Malvin Charles Spooner, Alexander Stares, Michael R Stares, Nikolaos Stylianos Tsimidis, Lorne Allan Woods
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