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Metals Creek Resources Corp. Announces Completion of Phase 2 Drilling At Clarks Brook, Central Newfoundland
Toronto, Ontario--(Newsfile Corp. - February 21, 2018) - Metals Creek Resources Corp. (TSXV: M...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Resources Corp. Announces Completion of Phase 2 Drilling At Clarks Brook, Central NewfoundlandToronto, Ontario--(Newsfile Corp. - February 21, 2018) - Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek) is pleased to announce that they have been advised by their option partner, Sokoman Iron Corp (Sokoman) that the Phase II drilling program at Clarks Brook has been completed and that core logging and sampling has commenced. The three hole, 594 metre program, was designed to test for additional zones of mineralization along strike and parallel to the mineralization intersected in the first program (completed in October 2017), and to determine whether additional funds should be directed towards this project. Timothy Froude, P. Geo., Interim CEO of Sokoman states, \"The recently completed Phase II program is critical to the future of our involvement with this project. Although only a limited program, the holes are all strategic, and will be instrumental in helping shape our plans moving forward. The preliminary review of the core suggests that all holes encountered variably altered and mineralized sediments. However, we must wait until final results have been received before making a decision on further work at Clarks Brook.\"The attached plan highlights the two areas tested with the Phase II drilling. Of particular interest is the magnetic target outlined to the northeast of the Phase I drilling. Phase I drilling suggests that the best mineralization, intersected in holes CB-17-1 and 2, is associated with a strong magnetic low signature (blue colour on the attached plan). This magnetic signature trends northeast of the known mineralization and appears to trend off of the surveyed area, suggesting a minimum distance of 400 metres. The northern property boundary is over 1 kilometre to the northeast, however, no detailed magnetics have been completed over most of this distance and the Company is considering, pending results of the Phase II drilling, extending the detailed grid to cover this area with magnetics and possibly Induced Polarization (IP) surveys.At this point core logging and sampling of the new holes has just commenced, however, a preliminary review of the three holes indicates that silicified and quartz veined intervals with disseminated sulphides has been intersected in all holes, but lengths and signifi...