For thousands of other reports visit RSC's Mineral Intellingence Map

Metals Creek Resources Corp.

opaxe

Summary

Project:

Ogden

Deposit:Ogden
Location:Canada
Commodities:Gold
Date:5/7/2018
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resources Definition
Report details:7-5-2018: Metals Creek Resources Corp. announces an Exploration/Drilling Update report for its Ogden deposit at the Ogden project. JV with Goldcorp Canada - drill results incl. 10.14m @ 1.12g/t Au from 314.0m. Toronto, Ontario--(Newsfile Corp. - May 7, 20
Resources:x
CP/QP:[Overall Report]: Michael MacIsaac (Internal)
ABSTRACT:Toronto, Ontario--(Newsfile Corp. - May 7, 2018) - Metals Creek Resources Corp. (TSXV: MEK) (the "company") is pleased to announce that results have been received from the first four of a nine hole, 2382m (meters) (see MEK news release February 14, 2018) diamond drill program designed to further test multiple targets on the OgdenGold Project. These initial 4 holes were targeting the Thomas Ogden West (TOG West) and Naybob South mineralization. Thomas Ogden West Two holes were drilled in the TOG West area focusing on the continuation of the fold structure west of the Thomas Ogden Zone which previously intercepted in hole TOG17-60 (see news release February 21, 2018) an intercept of 8.0 g/t (grammes per tonne) gold over 2.0m and a second zone of mineralization returning an intercept of 1.21 g/t gold over 24.8m. The TOG West mineralization is interpreted to be an easterly plunging zone parallel to the Thomas Ogden Zone (TOG) and approximately 900m west of the TOG. Hole TOG18-62, drilled approximately 75m east of hole TOG18-60 returned two zones of mineralization. The first zone of mineralization returned a down hole intercept of 1.42 g/t Au over 6.0m (298.0m to 304.0m) with associated pyrite mineralization and strong silicification and hosted within a felsite unit. A second zone of mineralization was intercepted further down hole returning an intercept (314.0m to 324.14m) of 1.12 g/t gold over 10.14m with associated pyrite and arsenopyrite mineralization with strong albitization. This lower intercept was hosted within altered conglomerates. Hole TOG18-63, drilled approximately 200m east of OG17-02 which returned a down hole intercept of 4.96 g/t Au over 3.97m (see news release May 03, 2017) and a 75m undercut to hole TOG17-60, targeted the down plunge extension of TOG West mineralization. A down hole intercept of 9.5m (383.0m to 392.5m) grading 1.12 g/t Au was returned with associated pyrite and arsenopyrite mineralization as well as moderate to strong albitization and silicification (Visible gold was noted in this intercept).

Full Report

opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.

Full Report