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Metals Creeks Identifies Additional Gold Mineralization on the Shabaqua Corners Gold Property
Thunder Bay, Ontario--(Newsfile Corp. - July 20, 2023) - Metals Creek Resources Corp. (TSXV: M...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creeks Identifies Additional Gold Mineralization on the Shabaqua Corners Gold PropertyThunder Bay, Ontario--(Newsfile Corp. - July 20, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE:M1C10) (the \"Company\" or Metals Creek) is pleased to announce the identification of another prospective area of gold mineralization through geological mapping and sampling on its recently acquired Shabaqua Corners property. The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.Geological mapping and sampling has led to the identification of similar style mineralization (South Zone) to that of main zone (See news release: May 25, 2023) with assays ranging from 7 parts per billion (ppb) Au to 2120 ppb (2.12 grams per tonne Au). South Zone is located approximately 25 meters (m) south of the main zone and exhibits similar style mineralization and alteration to that of main zone. Gold mineralization is hosted within an iron carbonate altered mafic volcanics with associated quartz-carbonate veining and local stockwork. South Zone is striking roughly the same orientation to that of the main zone with mineralization open in both directions. Alteration consists of pervasive iron carbonate with strong silicification and mineralization entails trace to 3% disseminated pyrite with local trace arsenopyrite (see figure 1). The identification of similar style mineralization in close proximity to that of main zone further adds to the exploration potential of the Shabaqua Corners Gold Project. South Zone also validates the theory that parallel gold bearing structures are common within the Shebandowan Greenstone Belt as demonstrated within other projects in the Shebandowan Greenstone Belt. An exploration permit has been applied for, trenching in this and other areas on the property can take place when the permit is received. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property.)Prospecting and geological mapping is ongoing with the aim of further delineating known gold mineralization along strike as well as continuing to evaluate other portions of the property.The eastern boundary ...