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Metals Creek Intersects 6.22 g/t gold over 6.63 metres at Naybob South Zone in Timmins, Ontario

11.01.2012  |  The Newswire
Jan 11th, 2012 Copyright (c) 2012 Thenewswire.ca - All rights reserved.


(via Thenewswire.ca)


Toronto, 11 January, 2012. Metals Creek Resources Corp. (the
"Corporation", TSXV: "MEK") is pleased to announce
assay results from four diamond drill holes testing near surface
mineralization at the Naybob South Zone on the Ogden Property.
OG11-02 returned a high-grade intercept of 6.22 g/t (grams per tonne)
gold over 6.63 m (metres) from one of four holes which tested the
Naybob South Zone.


These holes were designed to increase drill density within the near
surface high grade gold mineralization of the Naybob South
stratigraphy which has been traced for approximately 400m.
Mineralization consists of pyrite and arsenopyrite within strongly
albitized mafic volcanic rocks. The four diamond drill holes were part
of a thirteen hole, 3593m diamond drill program designed to target
mineralization on the Porphyry Hill, Naybob South and Thomas Ogden
zones. Assay results have been received for eight of the thirteen
holes. Three holes (TOG-11-08, 09 and 10) were previously released
(November 16. 2011) included a high grade intercept of 13.07 g/t gold
over 2.88m extending high grade gold mineralization to depth at Thomas
Ogden. Hole PH11-01 which targeted the down plunge extension of
porphyry hill mineralization did not reach its target due to ground
stability problems.


"Drilling continues to demonstrate the continuity of the near
surface mineralization at the Naybob South Zone which is approximately
8 km west of Goldcorp's Dome mine and mill complex. We are very
encouraged with the results of the recent program on the Ogden Project
in Timmins." said Sandy Stares, President and CEO of Metals
Creek. Results from the last five holes will be released as they are
received and compiled.


Results from the four holes at Naybob South:


OG11-01: 8.84m down hole intercept (64.76m to 73.60m) of 1.066 g/t
gold.


OG11-02: 6.63m down hole intercept (87.80m to 94.43m) of 6.217 g/t
gold


And 2.6m down hole intercept (71.0m to 73.6m) of 1.547 g/t
Gold.


OG11-03: 2.5m down hole intercept (81.5m to 84.0m) of 2.155 g/t
gold


And 5.05m down hole intercept (98.20m to 103.25m) of
2.767 g/t gold.


OG11-04: 2.88m down hole intercept (57.05m to 59.93m) of 2.224g/t
gold


Note: True thicknesses are approximately 60-80% of down hole
intercepts


The Ogden Gold Project is under Option from Goldcorp Canada Ltd. and
Goldcorp Inc. ("Goldcorp"). The Ogden Project covers eight
kilometers of strike length of the Porcupine-Destor Break between
Goldcorp's Dome Mine Complex and Lakeshore Gold's West Timmins
development project. Metals Creek can earn a 50% interest in the
Project by incurring $3.1 million in expenditures and issuing a
combination of cash and shares totaling $460,000 over 4 years.


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 to Actlabs
located in Thunder Bay, Ontario. 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.


About Metals Creek Resources Corp.


Metals Creek Resources Corp. is incorporated under the laws of the
Province of Ontario, is a reporting issuer in Alberta, British
Columbia and Ontario, and has its common shares listed for trading on
the Exchange under the symbol "MEK". Metals Creek can earn
a 50 % interest in the Ogden Gold Property, including the former
Naybob Gold mine, located 6 km south of Timmins, Ontario and has a 8
km strike length of the prolific Porcupine-Destor Fault (PDF) that
stretches between Timmins, Ontario and Val'Dor, Quebec. The
Corporation is also engaged in the identification, acquisition,
exploration and development of other mineral resource properties, and
presently has mining interests in Ontario and Newfoundland and
Labrador. Additional information concerning the Corporation is
contained in documents filed by the Corporation with securities
regulators, available under the company's profile at www.sedar.com.


For further information, please contact:


Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com


Neil Murray-Lyon
MI3
telephone: (514)-904-1333 or (514)-947-4847


or


Ben Sherman
MI3
telephone: (514)-904-1333 or (514)-835-1781


This press release includes certain forward-looking statements within
the meaning of Canadian securities laws that are based on
expectations, estimates and projections as of the date of this press
release. There can be no assurance that such statements will prove
accurate, and actual results and developments are likely to differ, in
some case materially, from those expressed or implied by the
forward-looking statements contained in this press release. Readers of
this press release are cautioned not to place undue reliance on any
such forward-looking statements.


Forward-looking statements contained in this press release are based
on a number of assumptions that may prove to be incorrect, including,
but not limited to: timely implementation of anticipated drilling and
exploration programs; the successful completion of new development
projects, planned expansions or other projects within the timelines
anticipated and at anticipated production levels; the accuracy of
reserve and resource estimates, grades, mine life and cash cost
estimates; whether mineral resources can be developed; title to
mineral properties; financing requirements; general economic
conditions; and changes in laws, rules and regulations applicable to
the Corporation. In addition to being subject to a number of
assumptions, forward-looking statements in this press release involve
known and unknown risks, uncertainties and other factors that may
cause actual results and developments to be materially different from
those expressed or implied by such forward-looking statements. The
Corporation has no intention or obligation to update the
forward-looking statements contained in this press release.


Neither the TSX Venture Exchange nor its Regulation Services Provider
(as that term is defined in the policies of the TSX Venture Exchange)
accepts responsibility for the adequacy or accuracy of this release.

Copyright (c) 2012 Thenewswire.ca - All rights reserved.


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