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Metals Creek Receives Exploration Permits for Ogden Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - June 24, 2021) - Metals Creek Resources Corp. ( TSXV...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Receives Exploration Permits for Ogden Gold ProjectThunder Bay, Ontario--(Newsfile Corp. - June 24, 2021) - Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the \"Company\" or Metals Creek) is pleased to announce the Company have received Exploration permits for planned work at the Ogden Gold Project in Timmins Ontario. The Ogden Gold Project is a 50/50 Joint Venture with Newmont whereas MEK is the operator.The Company has received exploration permits to conduct diamond drilling, line cutting and ground geophysics with priority focus on the Thomas Ogden Zone and Naybob South. The exploration program is expected to commence in the coming weeks.Diamond Drilling is expected to commence the latter part of July, dependant on drill rig availability. The Thomas Ogden Zone will be the main focus of the upcoming diamond drill program with emphasis on further defining the orientation of high-grade cross cutting veins as well as mineralization associated with cross-cutting structures as seen down plunge along the Thomas Ogden fold structure. Core orientation will be utilized. Ground geophysics consisting of Deep Section Induced Polarization (IP) will also take place over Naybob South, Thomas Ogden (TOG) and Thomas Ogden West (TOGW) to help further define mineralization down-plunge associated with fold structures of TOG and TOGW as well as further defining the plunge direction of known sulfide mineralization within Naybob South.Metals Creek is also planning additional SGH sampling for the remaining portion of the property based on the success of the initial SGH program (See Metals Creek News released dated 22 Feb 2021). Phase 2 will continue to fill in gaps between TOG and South Zone, as well additional sampling to both the eastern and western boundaries. 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. Samples will be collected on 100m spaced grid lines with sample spacings of 25m like that of phase 1.Alexander (Sandy) Stares states, \"We are delighted to recommence exploration at the Ogden Gold Project. With funding recently secured from Crescat Capital, we have the required capital to kick start exploration in the Timmins C...