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Metals Creek Identifies Additional High Grade Gold Mineralization 120m East of Recently Discovered Western Shear Zone with up to 18.1 g/t Gold
Thunder Bay, Ontario--(Newsfile Corp. - December 13, 2023) - Metals Creek Resources Corp. (...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Identifies Additional High Grade Gold Mineralization 120m East of Recently Discovered Western Shear Zone with up to 18.1 g/t GoldThunder Bay, Ontario--(Newsfile Corp. - December 13, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the \"Company\" or Metals Creek) is pleased to announce new high grade gold mineralization while mechanical surface trenching on the Shabaqua Corners Gold Property.The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.Follow-up sampling from the recently completed trenching program has resulted in the discovery of additional high grade gold mineralization 120m east of the recently discovered western shear zone (WSZ) (See MEK news release October 26, 2023). Assay results ranged from 0.45 to 18.1 grams per tonne (g/t) gold (Au). Gold mineralization is associated with an east-west trending, highly weathered and very rusty, friable shear zone with strong pervasive iron carbonate alteration. No sulphide mineralization is present near surface due to the highly weathered nature of the rock. Due to the weathered nature of the shear zone, channel sampling was not possible so chip and grab sampling was conducted. Two grab samples collected from the mineralized shear zone (See Fig. 1) returned assays of 17.0 and 18.1 g/t Au. A chip sample (See Fig. 1) was collected across the mineralized shear returning an assay of 6.18 g/t Au over 0.6m. An oxide silicate iron formation (IF) adjacent to this gold bearing shear zone was also anomalous in gold returning an assay of 0.45 g/t Au. This new discovery called the Western Shear Zone Extension (WSZE) was the result of a trenching program following up on a recce soil grid laid out on the western claim block which returned a soil assay of 88 ppb (parts per billion) in close proximity to WSZE. It is interpreted that the WSZ and WSZE are potentially the same zone due to both exhibiting very similar characteristics. Both WSZE and WSZ are 120m apart and open in all directions. Soil sampling has been instrumental in 3 new gold discoveries on the Shabaqua Corners Gold Property (SCGP) with other soil anomalies remaining untested due to extensive overburden. (Note:...