Metals Creek Resources Completes Diamond Drill Program at the Ogden GOLD Project, Timmins, Ontario and Receives Drilling/Exploration Permit FOR Clarks Brook Project, Central Newfoundland
METALS CREEK RESOURCES COMPLETES DIAMOND DRILL PROGRAM AT THE
OGDEN GOLD PROJECT, TIMMINS, ONTARIO AND RECEIVES
DRILLING/EXPLORATION PERMIT FOR CLARKS BROOK PROJECT, CENTRAL
NEWFOUNDLAND
Toronto, Ontario. 30 March, 2017 - Metals Creek Resources Corp. (TSX -V:MEK “The
Company”) is pleased to announce that the company has completed its previous announced
diamond drill program on the Ogden Gold Project in Timmins Ontario. (See News Release
dated 3 March 2017). Results will be announced once drill core has been cut, submitted for
analysis and assays are received and compiled. Drill hole locations are posted on the
company’s website at http://www.metalscreek.com/article/ogden-315.asp
The Ogden Gold 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 Gold corp Inc. and Goldcorp Canada Ltd.) with MEK
being the operator of the project. The Ogden claims cover eight kilometers of strike length of
the Porcupine -Destor Fault between Goldcorp’s 16.5 million oz. Dome Mine and Tahoe
Resources West Timmins Mine. The vast majority of the Porcupine -Destor Fault on the
property is underexplored, compared to other properties in the Timmins Gold camp.
The Company also announces that they have received an exploration approval permit for
drilling and exploration work on its 100% owned Clarks Brook Project in central
Newfoundland. The property has been permitted for 7 drill holes.
The prospect was staked after a review of past work completed on the property and initial
due diligence performed on the showing .
The Clark's Brook East Showing is comprised of large angular blocks that strongly resemble
underlying bedrock. The mineralization consists of thin, commonly vuggy quartz (Qtz) veins
and thin breccia veins with a quartz matrix, cutting an altered siltstone. The veins contain
trace to minor pyrite and constitute a reticulating network of veins. The mineralized boulders
contain 15 – 25% vein material, with moderate to strong sili cification of the intervening
siltstone. According to Altius Minerals Corporation Assessment report (Government of
Newfoundland File number 002D_0763) , “One breccia vein was noted to contain several tiny
specks of visible gold. A relevant feature of this mineralization is that it is typically uniform
throughout the boulders and representative samples all contain significant gold (minimum
assay of 2.98 grammes per tonne (g/t) , maximum assay of 24.5 g/t and an average assay of
7.93 g/t gold”.
The assays quoted above are historic in nature, have not been validated and should not be
relied upon.
Recent sampling by Metals Creek of the mineralization discovered in outcrop in the area of
the boulders returned an assay of 19.24 g/t gold. In addition, thirteen (13) of the large
angular blocks were sampled and yielded assays ranging from 0.24 g/t to 10.4 g/t gold. In
2009 Altius completed an induced Polarization (IP) and Magnetics survey that outlined targets
but no drilling has been done on the geophysics target s or the gold mineralization . Five (5)
drill holes have been permitted for Clarks Brook East.
At the Clarks Brook West Prospect, Sampling by Metals Creek returned outcrop samples
ranging from 33 parts per billion (ppb) to 7,851 ppb gold (Au). Another outcrop grab sample
in the same area assayed 86.1 % Lead and 25g/t silver.
The Clark's Brook West Showing is comprised of chalcedony quartz veins and quartz breccia
cross cutting a granitic intrusion. Two (2) drill holes have been permitted for Clarks Broo k
West.
The surface grab samples mentioned in this news release are selective by nature and are
unlikely to represent average grades of the property.
Metals Creek is actively seeking a joint venture partner for this project. Interested parties
are encouraged to contact Alexander Stares at the contact listed below.
Wayne Reid (PGeo) is a director of the company and is responsible for the preparation of this
News 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 symb ol “MEK”. Metals Creek
has earned a 50% interest in the Ogden Gold Property, including the former Naybob Gold
mine, located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific
Porcupine-Destor Fault (P -DF) that stretches between Tim mins, Ontario and Val d’Or, Quebec.
The Company has also recently entered into an Option/JV with Trifecta Gold Ltd. on Metals
Creek’s Squid properties in Yukon. Metals Creek also has a JV with Benton Resources on
Metals Creeks Staghorn Gold Project in Newf oundland 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 is engaged in the identification, acquisition, exploration and
development of other mineral resour ce 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.
On Behalf Of the Board of Dir ectors
Metals Creek Resources Corp.
Alexander Stares, President and CEO
Telephone: (709) -256-6060
Fax: (709)-256-6061
Email: [email protected]
MetalsCreek.com
Twitter.com/MetalsCreekRes
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