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Metals Creek Drills 3.66 g/t Gold over 14.66 meters at The Ogden Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - November 15, 2022) - Metals Creek Resources Corp. &#x...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Drills 3.66 g/t Gold over 14.66 meters at The Ogden Gold ProjectThunder 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 Ogden Gold Project in Timmins, Ontario. The Ogden Gold 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-22-74A returned 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. This hole (See attached Schematic Cross Section 1200W Fig. 2) was drilled below hole TOG-21-65A which returned a downhole intercept of 9.20 g/t Au over 4.47m (See News release January 27, 2022) to better define our understanding of potential shallow dipping gold mineralization associated with interpreted secondary cross cutting mineralized structures. Strong albitization with associated silicification and local fuchsite are within an altered conglomerate. Mineralization consists of finely disseminated pyrite (1-6%) with associated arsenopyrite (0.5 - 2%). Local white quartz carbonate veinlets with associated pyrite is also present. Several clusters of visible gold are present along quartz-carbonate vein boundaries with associated pyrite mineralization.TOG-22-70 returned a downhole intercept (357.44 - 360.88m) of 1.96 g/t Au over 3.44m. A second zone of high-grade gold mineralization was cut, returning a downhole intercept of 0.73m...