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Metals Creek Outlines Additional SGH Gold Anomalies at the Ogden Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - December 13, 2021) - Metals Creek Resources Corp. ...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Outlines Additional SGH Gold Anomalies at the Ogden Gold ProjectThunder Bay, Ontario--(Newsfile Corp. - December 13, 2021) - Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the “Company” or Metals Creek) is pleased to announce it has received results from phase II of its Spatiotemporal Geochemical Hydrocarbon (\"SGH\") Gold survey conducted in July of 2021 on its Ogden Gold property in the heart of the Timmins Gold Camp. The Ogden Gold Project is a 50/50 Joint Venture with Newmont Corporation (\"Newmont\"), with the Company serving as the operator.Following up on the success of the first SGH sampling program (Phase I) in 2020 (See News release February 22, 2021), Phase II was conducted to further extend sampling on the property to the western and eastern boundaries along the porcupine-destor break and prospective stratigraphy. A total of 983 samples were collected on 100 meter spaced lines with nominal sample spacings of 25 meters like that of phase I. Three new prospective gold targets were identified which are listed below as well as their corresponding rating. With greater than 97% of the project covered by overburden, SGH can greatly expedite the target generation process; potentially resulting in substantial cost savings when evaluating and ultimately delineating these potential targets. SGH is a deep penetrating geochemistry that involves testing for specific hydrocarbons which are a result from the decomposition of bacteria and microbes that feed on the target commodities as they require inorganic elements to catalyze the reactions necessary to develop hydrocarbons. These residues subsequently migrated to the surface as a flux of different classes of hydrocarbons. (ActLabs Ogden Report).The rating system for SGH surveys is 1 to 6, with 1 being the least prospective and 6 being the best. Anything 4 or above is considered to be highly prospective. The subjective SGH signature rating for Ogden East and West Phase II anomalies are as follows:Ogden East - a rating of 4.5 on a scale of 6.0 for Gold - east of (South Zone) SZOgden East - a rating of 4.0 on a scale of 6.0 for Gold - between (Thomas Ogden Zone) TOZ and SZ Ogden West - a rating of 4.0 on a scale of 6.0 for Gold - near western boundaryFigure 1: Ogden SGH AnomaliesTo view an enhanced version of Figure 1, please...