| Announcement Date: | 2022-11-15 |
|---|---|
| Announcement Type: | Drilling Results |
| Announcement Code: | NI43-101 |
| Company name: | Metals Creek Resources Corp. |
| Project name: | Ogden |
| Location: | Canada |
| Commodities: | Gold |
| Highlight: | Drilling results incl. 14.66m at 3.66g/t Au from 351.4m |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | Thunder Bay, Ontario–(Newsfile Corp. – November 15, 2022) – Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the “Company” or Metals Creek) is pleased to announce results for the final 6 holes of a nine (9) hole diamond drill program (See News Release February 7, 2022) on the OgdenGold Project in Timmins, Ontario. The OgdenGold Project is a 50/50 Joint Venture with Newmont Corporation (“Newmont”), with the Company serving as the operator. Drilling primarily focused on the Thomas Ogden Zone (TOG) with two peripheral targets also tested (See Fig. 1, Ogden DDH Planmap). Drilling at TOG targeted the potential of flat lying quartz bearing/siliceous secondary structures as well as strongly altered conglomerates and felsites. The altered conglomerates and felsites host pyrite +/- arsenopyrite and local free gold mineralization within the lowermost portion of the currently identified TOG fold structure. High-grade gold mineralization within TOG has a strong preferential association with the TOG fold axis, which has a shallow plunge to the east. Highlights of the drilling include: TOG-22-74Areturned a downhole intercept (351.40 – 366.06m) of 3.66 grammes per ton (g/t) gold (Au) over 14.66 meters (m) including 4.30m(361.76 – 366.06m) of 5.13 g/t Au, visible gold was noted in this intercept. |
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