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Metals Creek Resources Partner, Sokoman Minerals Commences Deep Testing at Clarks Brook
Toronto, Ontario--(Newsfile Corp. - August 20, 2019) - Metals Creek Resources Corp. (TSXV: MEK...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creek Resources Partner, Sokoman Minerals Commences Deep Testing at Clarks BrookToronto, Ontario--(Newsfile Corp. - August 20, 2019) - Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek or \"the company\") is pleased to announce that they have been advised by their option/joint venture partner, Sokoman Minerals Corp (Sokoman) (TSXV: SIC) that diamond drilling operations are underway on the Clarks Brook property, 35 kilometres southeast of Sokoman's Moosehead project in central Newfoundland. The minimum 1200 metre program will further test the gold bearing, epithermal style mineralized zone initially defined by Sokoman in 2017/18. The proposed program will consist of 3-4 strategically placed holes designed to test for deeper, higher grade gold mineralization at what is commonly termed the boiling zone within a classic epithermal gold system. The boiling zone can occur at depths ranging from 200 - 400 metres but sometimes deeper depending on specific deposit characteristics. The mineralized zone is hosted in a well-defined, north-south trending magnetic low that locally appears folded. Gold mineralization is contained within a locally brecciated, moderately to strongly silicified zone with abundant crosscutting gray, vuggy quartz stringers with 1-3% disseminated pyrite, arsenopyrite and minor stibnite (antimony). Occasional visible gold has been noted in both drill core and in slabbed rock samples from the property and exhibits textures and mineralization consistent with an epithermal style of gold mineralization in a trend subparallel to the Moosehead-Valentine Lake Trend. Numerous historical gold showings that lie on trend from Clarks Brook have strong epithermal characteristics including jasperoid development, silica sinters and pathfinder elements such as antimony and arsenic. The producing Beaver Brook antimony mine lies 14 kilometres on trend to the southwest of Clarks Brook.Alexander (Sandy) Stares states: \"Metals Creek remains a strong supporter and shareholder of Sokoman and the agreement remains a good fit for both companies. MEK will maintain an interest in the property thru the share issuance and either the 75/25 SIC/MEK JV or the NSR. We look forward to the results of this deep drilling program.\"To earn an initial 75% interest in the Clark's Brook project, Sokoman must make cash payments of $45,000 over t...