Metals Creek Resources Acquires Ward-Morrow Gold Project Thru Staking - Samples 11.7 g/t Gold and 7.3 g/t Silver
Metals Creek Resources Acquires Ward-Morrow Gold
Project Thru Staking - Samples 11.7 g/t Gold and 7.3 g/t
Silver
Toronto, Ontario--(Newsfile Corp. - November 4, 2019) - Metals Creek Resources Corp. (TSXV: MEK) (OTC: MCREF) (Metals
Creek or "the company") announces that the company has acquired thru staking a 100% interest in the Morrow Gold project,
Northwestern Ontario.
The Morrow Project is located in the northwest corner of the Pagwachuan Township approximately 24 kilometers east
southeast
of the town of Longlac. The property lies very close to the southern boundary of the Wabigoon Subprovince in the Geraldton
Longlac area which has seen a significant increase in exploration activity over the last decade. This portion of the Beardmore
Geraldton Belt (BGB) has seen new gold discoveries and resource delineation by Greenstone Gold on the Hardrock Deposit
some 52 km to the west. Access to the property is good with the property consisting of 12 cells held 100% by Metals Creek and
encompassing two historical gold horizons; Ward
Morrow trend and southern anomaly.
Previous work programs have been performed by various groups or individuals in the vicinity of the Morrow property which
includes prospecting, ground geophysics, trenching and diamond drilling.
A ground geophysical IP (Induced Polarization) and Mag survey was conducted outlining a one-kilometer long chargeability
anomaly on the northern morrow trend. Surface trenching was performed over this conductive trend resulting in 1.67 grammes
per tonne (g/t) gold over 2.4 meters (m) from trench one with drill highlights of 3.77 g/t gold over 1.77m (Source: MNDM
assessment report Ref#20013897).
Gold mineralization is associated with quartz-carbonate veins with variable pyrite and
chalcopyrite mineralization within a chlorite-biotite schist near the mafic volcanic sediment contact.
A second gold trend located south of the morrow trend also outlined an 800m long IP chargeability anomaly has seen limited
trenching with follow-up diamond drilling. Trenching results include 2.89 g/t gold, 7.1 g/t Ag and 0.287% copper (Cu) over 1.8m
and 2.06 g/t Au over 2.3m (Source: MNDM assessment report Ref#20010227) from trench one.
Follow-up drilling returned a
downhole intercept (PAG12-03) of 0.55 g/t Au and 1.29 g/t Ag over 52.0m including 1m of 5.38 g/t Au under trench one.
A
second trench also contained surface gold mineralization with selective surface grab samples of 3.33 g/t Au and 6.95 g/t Au.
Follow-up drilling resulted in an intercept (PAG12- 05) of 0.34 g/t Au over 14.1m with a second hole undercutting PAG-12-05
resulting in a downhole intercept of 0.32 g/t Au and 0.1% Cu over 45m with mineralization hosted within an altered iron formation
with associated pyrite and chalcopyrite within quartz stockwork. Mineralization within the southern trend exhibit intercepts of
lower grade and larger widths potentially indicating the presence of a bulk tonnage type target.
NOTE: (The above information is historic in nature and has not been verified by the company)
Sampling by Metals Creek personnel in September 2019 returned the following from the Ward-Morrow trench one area.
Sample Number
Gold pp
b
Silver g/t
Copper ppm
WM 19-01
7480
9.6
5690
WM 19-02
2080
16.8
8320
WM 19-03
3630
6.5
1740
WM 19-04
740
13.1
6600
WM 19-05
84
0.4
245
WM 19-06
11700
7.3
4730
It should be noted that grab samples are selective by nature and unlikely to represent the true grade.
Metals Creek is continuing to compile data to further define the two gold targets.
QP
This news release has been reviewed and approved by Michael MacIsaac, P. Geo., a "Qualified Person" under National
Instrument 43-101 and VP Exploration for Metals Creek.
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 Goldcorp, 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). In addition, Metals Creek has recently signed an agreement with Newmont Goldcorp, where Metals Creek can
earn a 100% interest on the past producing Dona Lake Mine project in the Pickle Lake Ming District of Ontario.
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. The company also has an agreement with Manning Ventures on the Metals Creeks Squid East
project located 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 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)-256-6061
Fax: (709)-256-6061
Email:
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/49373