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Metals Creeks Samples up to 10.3 g/t Gold at the Recently Discovered Echo Zone and Receives Exploration Permit for Trenching on the Shabaqua Corners Gold Property
Thunder Bay, Ontario--(Newsfile Corp. - August 16, 2023) - Metals Creek Resources Corp. ( TSXV:...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creeks Samples up to 10.3 g/t Gold at the Recently Discovered Echo Zone and Receives Exploration Permit for Trenching on the Shabaqua Corners Gold PropertyThunder Bay, Ontario--(Newsfile Corp. - August 16, 2023) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the \"Company\" or Metals Creek), is pleased to announce that follow up sampling on the recently discovered Echo Zone (See news release dated 21 June 2023) have resulted in additional high grade gold mineralization on the Shabaqua Corners Gold 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.Additional prospecting and follow-up sampling at the recently discovered Echo Zone has resulted in additional high grade gold mineralization. To date, 23 samples have been collected from Echo Zone with assays ranging from 0.084 to 10.3 grams per tonne (g/t) gold (Au). Echo Zone to date has been traced for 80m on surface and remains open in both directions and represents a priority trenching target with high grade gold mineralization hosted within an iron carbonate altered conglomerate with associated quartz-carbonate veining and 1-5% cubic pyrite, local arsenopyrite and galena. The pervasive carbonate alteration strikes roughly the same orientation to that of Main Zone and is interpreted to represent a separate zone of mineralization to that of Main Zone. (Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property.)Exploration work continues to uncover areas of new gold mineralization within prospective areas outside of the Main Zone mineralization (See news release: May 25, 2023). Gold mineralization is typically hosted within carbonate altered sediments which include conglomerates with associated quartz-carbonate veining and local stockwork striking roughly the same orientation to that of the Main Zone. Alteration is made of up strong silicification with pervasive iron carbonate. Mineralization consists of trace to 6% disseminated to stringer pyrite with trace to 2% arsenopyrite also present. Cubic pyrite is common within the alteration system and appears to be an important componen...