Posted in | News | Gold | Lead | Silver | Mining Business

Metals Creek Resources Stakes 100 Claim Units at Yellow Fox Property

Metals Creek Resources has staked 100 claim units at the Yellow Fox property in the Mount Peyton Intrusive suite in east-central Newfoundland. The location of the property is in west of the Glenwood town, and mining infrastructure in the region contains the Beaver Brook Antimony Mine that is situated around 24 km to the southwest.

The property can be accessed by an all-weather gravel road, which widens 10 km from the Trans Canada Highway at Glenwood to the property. The company executed a preliminary prospecting program following the staking of the property and intersected up to 59.4 g/t gold at the Yellow Fox property. The gold values of the 11 surface grab samples range from 26 ppb to 59,413 ppb gold. Metals Creek has returned results up to 15.3 g/t silver, 0.35% Antimony and 0.49% lead from a nearby derived outcrop and glacial float samples. Mineralization occurs in a silica, hematite and sericite altered granite grading with 2-5% distributed pyrite-arsenopyrite. The company will conduct phase I exploration, which includes geophysical surveying, soil geochemistry, prospecting and mechanical trenching to additionally assess this recently explored mineralization.

The CEO and President of the company, has stated that the phase I prospecting program has yielded positive results. These gold assay results show a new chance to appraise the Mount Peyton Intrusive Suite for potential gold deposits.

Joel Scanlon

Written by

Joel Scanlon

Joel relocated to Australia in 1995 from the United Kingdom and spent five years working in the mining industry as an exploration geotechnician. His role involved utilizing GIS mapping and CAD software. Upon transitioning to the North Coast of NSW, Australia, Joel embarked on a career as a graphic designer at a well-known consultancy firm. Subsequently, he established a successful web services business catering to companies across the eastern seaboard of Australia. It was during this time that he conceived and launched News-Medical.Net. Joel has been an integral part of AZoNetwork since its inception in 2000. Joel possesses a keen interest in exploring the boundaries of technology, comprehending its potential impact on society, and actively engaging with AI-driven solutions and advancements.

Citations

Please use one of the following formats to cite this article in your essay, paper or report:

  • APA

    Scanlon, Joel. (2019, February 18). Metals Creek Resources Stakes 100 Claim Units at Yellow Fox Property. AZoMining. Retrieved on October 16, 2024 from https://www.azomining.com/News.aspx?newsID=4342.

  • MLA

    Scanlon, Joel. "Metals Creek Resources Stakes 100 Claim Units at Yellow Fox Property". AZoMining. 16 October 2024. <https://www.azomining.com/News.aspx?newsID=4342>.

  • Chicago

    Scanlon, Joel. "Metals Creek Resources Stakes 100 Claim Units at Yellow Fox Property". AZoMining. https://www.azomining.com/News.aspx?newsID=4342. (accessed October 16, 2024).

  • Harvard

    Scanlon, Joel. 2019. Metals Creek Resources Stakes 100 Claim Units at Yellow Fox Property. AZoMining, viewed 16 October 2024, https://www.azomining.com/News.aspx?newsID=4342.

Tell Us What You Think

Do you have a review, update or anything you would like to add to this news story?

Leave your feedback
Your comment type
Submit

While we only use edited and approved content for Azthena answers, it may on occasions provide incorrect responses. Please confirm any data provided with the related suppliers or authors. We do not provide medical advice, if you search for medical information you must always consult a medical professional before acting on any information provided.

Your questions, but not your email details will be shared with OpenAI and retained for 30 days in accordance with their privacy principles.

Please do not ask questions that use sensitive or confidential information.

Read the full Terms & Conditions.