Announcement Date: 2022-04-25
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Metals Creek Resources Corp.
Project name: Dona Lake
Location: Canada
Commodities: Gold
Highlight: Drilling results incl. 27.9m @ 2.64g/t Au from 399.95m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Thunder Bay, Ontario–(Newsfile Corp. – April 25, 2022) – Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the “Company” or Metals Creek) is pleased to announce additional diamond drill results for drill hole DL22-027 from the phase III diamond drill program at the Dona Lake Gold project (See News Release November 08, 2021). Results from drill hole DL22-027 continue to further define high grade gold mineralization south of the mine workings at the past producing Dona Lake Gold mine. This hole intersected the Main Zone stratigraphy 368 meters below surface and returned a core length intercept of 5.18 grammes per ton(g/t) gold (Au) over 5.33 meters(m) (403.45 – 408.78m). This was a part of a broader zone of mineralization of 2.64 g/t Au over 27.90m(399.95 – 427.85m). (See Table 1 Significant Results, figure 1 Schematic Longitudinal and figure 2 schematic x section). Mineralization is hosted within silicate-sulfide iron formation and characterized by stringer to locally disseminated pyrrhotite ranging from 1 to 4% with local pyrite. Magnetite rich sections with local pyrrhotite stringers are also present. Aside from pyrrhotite mineralization, alteration consists of strong hornblende and grunerite with local garnet alteration.
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