Metals Creek Resources Corp. Drills Multiple Gold Intercepts Including 7.03 g/t Gold Over 2.16 Meters at Naybob South on the Ogden Gold Project
TORONTO, Oct 6, 2015 - Metals Creek Resources Corp. (TSX VENTURE:MEK) (the "Company") is pleased to report assay results for the final two holes from the recently completed three hole diamond drill program on the Naybob South Zone located on the Ogden Property in the Timmins Gold Camp, Ontario. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Break between Goldcorp's Dome Mine and Lake Shore Gold's West Timmins Mine. The Ogden Property is held under a joint venture in which Metals Creek Resources Corp. owns 50%, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with MEK being the operator of the project. OG-15-39 was drilled within the Naybob South Stratigraphy and was drilled on the western limits of the Naybob South Zone. Hole OG-15-39 returned multiple gold intercepts including a downhole intercept (146.30m to 150.28m) of 2.358 g/t (grammes per tonne) gold over 3.98m (meters) within the Naybob South Main Zone extending mineralization an additional 40m down dip. A second parallel zone of mineralization was intersected footwall to the Naybob South Main Zone returning a downhole intercept (88.18m to 96.47) of 2.84 g/t gold over 8.29m including a higher grade intercept of 7.03 g/t over 2.16m. Historic drilling in the western portion of Naybob South has only partially defined this footwall zone with a southern flexure of the Naybob South Stratigraphy resulting in some holes not intersecting the footwall mineralization. A third zone of mineralization was intercepted higher up in the hole returning a downhole intercept (72.2m to 73.30m) of 2.96 g/t gold over 1.1m. The hole was described as a strongly altered and brecciated sedimentary unit with strong albitization and silicification with associated pyrite and arsenopyrite mineralization.
OG-15-038 was also drilled within the Naybob South Stratigraphy extending mineralization down dip returning a down hole intercept (70.00m to 74.98m) of 1.60 g/t gold over 4.98m including a higher grade intercept of 5.67 g/t over 1m. Visible gold was noted in this intercept. A second zone of mineralization was intercepted footwall to the Naybob South Main Zone returning a downhole intercept (20.50m to 26.12m) of 0.73 g/t gold over 5.62m. These intercepts are described as strongly albitized with associated pyrite and arsenopyrite mineralization.
This drill program focused on near surface mineralization as well as further defining a potential second parallel zone of mineralization within the Naybob South Zone which has been partially defined from previous drill campaigns.
The Company is currently planning for additional drilling on both the Thomas Ogden and Naybob South Zones.
Note: True thicknesses are approximately 70-80% of downhole intercepts.
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. 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 a 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 (P-DF) that stretches between Timmins, Ontario and Val d'Or, Quebec. The Company has also entered into a JV with Benton Resources on Metals Creeks Staghorn Gold Project in Newfoundland. Metals Creek has also made a new gold/silver discovery in the "White Gold District" on the Squid East project in the Yukon and is 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.
On Behalf Of the Board of Directors
Alexander Stares, President and CEO
Contact
Metals Creek Resources Corp.
Alexander Stares
President and CEO
(709)-256-6060
(709)-256-6061
astares@metalscreek.com
www.MetalsCreek.com
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