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Metals Creek Resources Corp.
Summary
| Project: | Ogden | |
|---|---|---|
| Deposit: | Thomas Ogden Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 2/21/2018 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 21-2-2018: Metals Creek Resources Corp. announces an Exploration/Drilling Update report for its Thomas Ogden Zone deposit at the Ogden project. JV with Goldcorp Canada - drill results incl. 24.8m @ 1.21g/t Au from 170.5m. Toronto, Ontario- (Newsfile Corp. | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Michael MacIsaac (Internal) | |
| ABSTRACT: | Toronto, Ontario- (Newsfile Corp. - February 21, 2018) - Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek or the "company") is pleased to announce drill results from its recently completed five hole diamond drill program, totaling 1104m (meters), targeting Thomas Ogden West mineralization (TOG West) located in the heart of the Timmins gold camp. Five holes were drilled in the TOG West area focusing on the continuation of the fold structure west of the Thomas Ogden Zone previously intercepted in hole OG17-02 (see news release May 03, 2017) which returned an intercept of 4.96 g/t gold over 3.97m and a second zone of mineralization returning an intercept of 1.43 g/t gold over 14m. The TOG West mineralization is a new discovery, interpreted to be an easterly plunging zone parallel to the Thomas Ogden Zone (TOG) and approximately 900m west of the TOG. Hole TOG17-60, drilled approximately 200m east of OG17-02 and targeting the down plunge extension of TOG West mineralization, retuned two zones of mineralization. The first zone of mineralization returned a down hole intercept of 8.37 g/t gold over 2.0m (96.0m to 98.0m) with associated pyrite mineralization and strong silicification. (Visible Gold was noted in this intercept). A second zone of mineralization was intercepted further down hole returning an intercept (170.5m to 195.30m) of 1.21 g/t gold over 24.8m with strong albitization and associated pyrite and arsenopyrite mineralization. Both intercepts are hosted within altered conglomerates. Significant folding was present in this hole which appears to be an important factor in the emplacement of higher grade gold mineralization. These two intercepts in hole TOG17-60 are interpreted to be a part of the same stratigraphy with folding causing a repetition of the mineralized horizon. | |
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