Metals Creek acquires 37.5 sq. km. claim block within the Mealy Lake intrusion for Copper-Nickel-Platinum-Palladium potential
Toronto, Ontario. 07 August 2013. Metals Creek Resources Corp. (TSX V "MEK") has acquired through staking, 150 claim units (37.5 sq. km.) within the Mealy Lake intrusion located approximately 140 kilometers southwest of Churchill Falls, Labrador. The new project is in the same area as Altius Minerals Corp.'s 256-square-kilometre Natashquan property and Benton Resources Inc.'s Mealy property. Altius recently announced a new nickel-copper-cobalt-platinum-group-element discovery and has entered into a joint venture agreement with Anglo American whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. (see Altius Minerals Corp. press release dated July 25, 2013). Exploration highlights from Altius's Nastashquan discovery include 2.68 grams per tonne combined platinum (Pt), palladium (Pd) and gold (Au) (grab); 1.04 g/t combined Pt, Pd, Au and 1.06 per cent Copper (Cu) over 1.30 metres (channel); 1.04 combined Pt, Pd, Au and 3.92 per cent Cu over 1.00 m (channel); and soil samples up to 26,000 parts per million Cu. (See Altius website.)
The Corporation also reports the granting of incentive stock options to certain directors, officers, employees and consultants of the Corporation to purchase a total of 1,910,000 common shares in the capital stock of the Corporation. The options are exercisable for a period of five years from the date hereof at an exercise price of $0.10 per share.
Michael MacIsaac, P. Geo, 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 a well funded junior exploration company 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 has earned 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 d'Or, 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, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com
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.
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp.
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com
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