Oct 8 2015
Metals Creek Resources Corp. (the "Company") is pleased to report assay results for the final two holes from the recently completed three hole diamond drill program on the Naybob South Zone located on the Ogden Property in the Timmins Gold Camp, Ontario. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Break between Goldcorp's Dome Mine and Lake Shore Gold's West Timmins Mine.
The Ogden Property is held under a joint venture in which Metals Creek Resources Corp owns 50%, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with MEK being the operator of the project.
OG-15-39 was drilled within the Naybob South Stratigraphy and was drilled on the western limits of the Naybob South Zone. Hole OG-15-39 returned multiple gold intercepts including a downhole intercept (146.30m to 150.28m) of 2.358 g/t (grammes per tonne) gold over 3.98m (meters) within the Naybob South Main Zone extending mineralization an additional 40m down dip. A second parallel zone of mineralization was intersected footwall to the Naybob South Main Zone returning a downhole intercept (88.18m to 96.47) of 2.84 g/t gold over 8.29m including a higher grade intercept of 7.03 g/t over 2.16m. Historic drilling in the western portion of Naybob South has only partially defined this footwall zone with a southern flexure of the Naybob South Stratigraphy resulting in some holes not intersecting the footwall mineralization. A third zone of mineralization was intercepted higher up in the hole returning a downhole intercept (72.2m to 73.30m) of 2.96 g/t gold over 1.1m. The hole was described as a strongly altered and brecciated sedimentary unit with strong albitization and silicification with associated pyrite and arsenopyrite mineralization.
OG-15-038 was also drilled within the Naybob South Stratigraphy extending mineralization down dip returning a down hole intercept (70.00m to 74.98m) of 1.60 g/t gold over 4.98m including a higher grade intercept of 5.67 g/t over 1m. Visible gold was noted in this intercept. A second zone of mineralization was intercepted footwall to the Naybob South Main Zone returning a downhole intercept (20.50m to 26.12m) of 0.73 g/t gold over 5.62m. These intercepts are described as strongly albitized with associated pyrite and arsenopyrite mineralization.
This drill program focused on near surface mineralization as well as further defining a potential second parallel zone of mineralization within the Naybob South Zone which has been partially defined from previous drill campaigns.
The Company is currently planning for additional drilling on both the Thomas Ogden and Naybob South Zones.
Note: True thicknesses are approximately 70-80% of downhole intercepts.
All split core samples were sent to Accurassay, an accredited laboratory in Thunder Bay, Ontario. The precious metals were analyzed utilizing a standard fire assay with an atomic absorption finish. As part of the Corporations QAQC protocol, approximately 10% of the samples submitted for assay were also sent for check assays. Standards and blanks were inserted randomly into the sample shipments as part of the sampling protocol. Samples with fire assay results above 1.0 g/t gold are re-analyzed using a gravimetric finish and samples with fire assay results above 5.0 g/t gold or samples showing visible gold are analyzed using the pulp metallic method.
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.
Source: http://www.metalscreek.com/