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Metals Creek Resources Corp. Announces Mobilization of Airborne EM/Mag System to the Great Brehat Project Newfoundland
Toronto, Ontario--(Newsfile Corp. - March 20, 2018) - Metals Creek Resources Corp. (TSXV: MEK)...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Resources Corp. Announces Mobilization of Airborne EM/Mag System to the Great Brehat Project NewfoundlandDrilling Continues on the Ogden Gold Project in Timmins OntarioToronto, Ontario--(Newsfile Corp. - March 20, 2018) - Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek or the \"company\") is pleased to announce that an airborne time-domain electromagnetic (EM) and magnetic (MAG) geophysical system has been mobilized to its 100% owned Great Brehat Property (the \"Property\"). The survey is expected to commence Wednesday, 21 March, weather permitting.The property is located on the Great Northern Peninsula, near St. Anthony, Newfoundland. The Claims being flown are contiguous to the south and to the west of White Metal Resources Corp's. new discovery where they recently announced highly anomalous gold values over approximately a 15 sq KM area in black sedimentary shale units (See WHM-TSX.V PR dated November 20, 2017). The Metals Creek claims were staked to cover favorable geology similar to that of White Metal Resources Corp. The company believes this could potentially be a very important new discovery in a unique geological environment similar to other large gold deposits hosted in black shale environments around the world. The company intends on flying 156.2 line kilometers of airborne EM and Mag. The geophysical data will assist the Company in better understanding and delineating structural and stratigraphic features which might host gold, and possibly base metal, mineralization. Metals Creek will plan an exploration program to evaluate the targets generated by the airborne survey.In addition, the company announces that drilling is continuing on the Ogden Gold Property in Timmins Ontario, 6 holes have been completed to date, of these 4 holes have been logged, sampled, and submitted to the laboratory for analysis. Assays will be released once they are received and compiled.The Ogden Gold Property is held under a joint venture in which Metals Creek owns 50%, and Goldcorp Canada Ltd. (\"Goldcorp\") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) with MEK being the operator of the project. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Fault between Goldcorp's >16.6 million ounce Dome Mine and T...