Metals Creek Discovers New Mineralization Up to 11.4 g/t Gold on the Bag Lake Claim Block in Flint Lake JV Property
Metals Creek Discovers New Mineralization Up
to 11.4 g/t Gold on the Bag Lake Claim Block
in Flint Lake JV Property
Thunder Bay, Ontario--(Newsfile Corp. - June 14, 2023) -
Metals Creek Resources Corp. (TSXV:
MEK) (FSE: M1C1)
(the "Company" or Metals Creek)
is pleased to announce that the Company has
discovered new gold mineralization on the Bag Lake claim block within the Flint Lake JV property while
performing prospecting in May 2023.
The Property is operated through a joint venture agreement with Endurance Gold Corporation
("Endurance", "EDG"), in which Metals Creek holds an 81.3 % interest in the property and EDG holds
the remaining 18.7%.
The Flint Lake Property lies within the central portion of the east-west trending
Wabigoon geological sub-province and is host to numerous underexplored greenstone hosted gold
occurrences. This western portion of the Wabigoon greenstone belt is an emerging gold camp with
developing projects from the Cameron Lake deposit by First Mining Gold
and recently commissioned
New Gold's Rainy River Mine.
14 grab samples were taken from the new zone of mineralization with assays ranging from 93 parts per
billion
(
ppb) gold (Au) to 11,400 ppb Au (11.4 grams per tonne (g/t) Au). Gold mineralization is hosted
within pervasively carbonatized mafic volcanics with associated silicification.
Strong pyrite mineralization
is present ranging from 2-10% exhibiting both cubic and finely disseminated textures with local trace
galena.
Quartz veining and stockwork shows an association with the finely disseminated sulphides and
chlorite along contacts.
To date within the Bag Lake claim block, 3 parallel promising gold zones have
been outlined as illustrated on figure 1 with limited work carried out on each. Follow-up
sampling/prospecting will take place later in the summer to further evaluate the on-strike extent of the
newly discovered gold mineralization and determine if this new zone is an on-strike extension of the
previously defined middle gold trend.
(Note: The surface grab samples described in this news release
are selective by nature and are unlikely to represent average grades of the property.)
With Metals Creeks current primary focus on newly acquired Shabaqua Corners Gold and our Ogden
Gold Project in Timmins, Flint Lake is available for option. For more information, please visit Metals
Creeks website
www.metalscreek.com
.
All samples were sent to Activation Laboratories.
The precious metals were analyzed utilizing a standard
fire assay with an atomic absorption finish.
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 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". Metals Creek has earned a 50%
interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine,
located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor
Fault (P-DF).
Metals Creek also has multiple quality projects available for option which can be viewed on the
Company's website. Parties interested in seeking more information about properties available for option
can contact the Company at the number below.
Additional information concerning the Company is contained in documents filed by the Company 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.
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
telephone: (709)-256-6060
fax: (709)-256-6061
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
Figure 1
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/169993_e423a2eed4607a4e_002full.jpg
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/169993