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Metals Creek Reports DL21-019 Returns 3.0 g/t Gold over 24.50 Meters Including 6.0 g/t Gold over 4.75 Meters in Main Zone at Dona Lake
Thunder Bay, Ontario--(Newsfile Corp. - January 18, 2022) - Metals Creek Resources Corp. (TSX...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Reports DL21-019 Returns 3.0 g/t Gold over 24.50 Meters Including 6.0 g/t Gold over 4.75 Meters in Main Zone at Dona LakeThunder Bay, Ontario--(Newsfile Corp. - January 18, 2022) - Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the \"Company\" or Metals) is pleased to announce diamond drill results for drill holes DL21-018 and DL21-019 from the phase III diamond drill program at the Dona Lake Gold project (See News Release November 08, 2021). Drill hole DL21-019 intersected the Main Zone stratigraphy at approximately 424m below surface and returned a core length intercept of 6.0 grammes per ton (g/t) gold (Au) over 4.75 meters(m) (448.55 - 453.30m). This was a part of a broader zone of mineralization of 3.0 g/t Au over 24.5m (438.00 - 462.50m). (See Table 1 Significant Results). Mineralization is hosted within silicate-sulfide iron formation and characterized by stringer to disseminated pyrrhotite ranging from 3 to 7% with local pyrite. Abundant sections of silicate-oxide iron formation with associated magnetite is also present in this intercept. Alteration consists of moderate to strong hornblende, grunerite and garnets with locally strong folding. This intercept is located between the 360 and 455 level and south of the mine workings and continues to further define the high- grade gold mineralization south of the mine workings.Drill hole DL21-018 intersected the Main Zone at approximately 505m below surface and returned a core length intercept of 1.3 grammes per ton (g/t) gold (Au) over 11.50 meters(m) (516.00 - 527.50m). Drilling to date has successfully extended high grade gold mineralization 151m below the lower most mine working (445m below surface) or 596m below surface along with further defining high-grade mineralization 50m south of the Dona Lake mine workings. Drilling is ongoing and will continue to target the down plunge extension of the mine stratigraphy as well as test peripheral targets which include the North West Zone and the East Iron Formation.Alexander (Sandy) Stares, President and CEO of the Company states \"Drilling at Dona Lake has restarted after the Christmas break and will continue to test the high-grade gold mineralization within Main Zone stratigraphy at depth below current drilling. The Company is awaiting data from the recently completed Magnetotellurics ...