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Transaction Announcement Reports
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Project: | Ogden | |
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Deposit: | Thomas Ogden Zone | |
Location: | Canada | |
Commodities: | Gold | |
Date: | 6/5/2017 | |
Report Code: | NI43-101 | |
Report Type: | Exploration/Drilling Update | |
Project Stage: | Pursuing Resources Definition | |
Report details: | 5-6-2017: 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. 2.43m @ 1.85g/t Au from 332m . Toronto, June 05, 2017 - Metals Cre | |
Resources: | x | |
CP/QP: | [Overall Report]: Michael MacIsaac (Internal) | |
ABSTRACT: | Toronto, June 05, 2017 - Metals Creek Resources Corp. (TSX-V:MEK) (the “Company”) is pleased to announce that results have been received from the final two holes of a four hole 980m (see MEK news release March 30, 2017) diamond drill program designed to further evaluate stratigraphy west of TOZ. Hole TOG-17-53 was a 75m undercut below previously released hole TOG-16-48 (See news release January 11, 2017) which intersected 4.39 grammes per tonne (g/t) gold over 12.45m. Hole TOG-17-53 intersected the zone at a down-hole depth of 322m and assayed 2.11 g/t gold over 1.0 m. This intersection is typical of the Thomas Ogden Zone (TOG) and is described as a strongly altered conglomerate characterized by strong silicification with associated disseminated pyrite and local arsenopyrite. A second zone of mineralization was intersected at a downhole depth of 332meters (m) returning an intercept of 1.85 g/t gold over 2.43m. This second zone consisted of altered conglomerate with moderate to strong silicification with 3-4% pyrite and local arseonopyrite. Hole TOG-17-54 was drilled 435m west of TOG targeting the TOG west stratigraphy near surface, intersecting at a down hole depth of 177.77m returning 1.08 g/t gold over 1.38m. This zone was characterized by a strongly silicified felsic dike with associated pyrite mineralizaton. The prospective host rock at Thomas Ogden West indicates a thickening of the stratigraphy with depth. | |
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