Metals Creek Resources Channel Samples 25.43 g/t Gold over 1.0 Meter at Jackson Arm Trenches
Published : October 29, 2012
( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold | Gold Mine | Market | Silica | Silver |

TORONTO, ONTARIO--(Marketwire - Oct. 29, 2012) - Metals Creek Resources Corp. (the "Corporation") (News - Market indicators) is pleased to announce channel sample assay results from surface trenches taken from its recently completed trenching program on its 100% owned Jackson's Arm property in Newfoundland. The property consists of 196 staked claim units located on the western side of White Bay. Previous work by MEK prospectors, in late 2011, had discovered a cluster of new gold/silver prospects in an area that had seen very little previous work. The property is proximal to excellent infrastructure including a paved road and power line.

Backhoe trenching and channel sampling was carried out in an attempt to better understand the new gold discoveries on the property. Highlights of this program include channel samples of 25.43 grammes per tonne (g/t) gold over 1 meter in Trench #6 and 1.75 g/t gold over 7 meters in Trench #1. A summary of results from the Jacksons Arm trenching are tabulated below:

Trench Meters Gold (g/t)
     
JT#1 7.0 1.754
     
JT#2 21.0 0.287
     
- Including 7.0 0.597
     
JT#3 9.0 0.101
     
JT#4 4.0 1.200
     
- Including 1.0 4.420
     
JT#5 30.0 0.106
     
JT#6 1.0 25.431

The Jackson's Arm property straddles the north-south striking Doucers Valley Fault, a major structural zone affiliated with a number of gold deposits. Work carried out to date by MEK personnel has been confined to the area east of this fault, within the Coney Head Complex, a multi-phase granite which has been locally altered with silica, sericite, carbonate and pyrite. The area of particular interest is a 200 to 500 meter wide north-south striking altered zone located along the western granitic contact. This mineralization is characterized by pervasive sulfide bearing quartz veining and flooding with stockwork zones giving way to ribboned quartz and finally complete flooding with quartz zones up to 35 meters wide. This recently discovered trend is defined by four gold showings separated by overburden covered terrain. The showings are interpreted to be part of one system with a minimum strike length of 1.2 km.

A ground geophysical program (Magnetic and Induced Polarization) has been completed over the prospective area with a number of geophysical targets remaining to be followed up. A program of additional trenching is planned to test the remaining targets and to better define the higher grade zones prior to carrying out an initial drill program.

Wayne Reid, P.Geo and VP Corporate Development for the Corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a well-funded junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". Metals Creek have recently formed a 50/50 joint venture with Goldcorp, to continue exploring the Ogden Gold property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario. MEK will be the operator and subsequent programs will be funded on a 50/50 basis while both companies contribute its share of required funding in the Ogden Gold Property. The Corporation is also engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.



Metals Creek Resources Corp.
Alexander (Sandy) Stares
President and CEO
(709) 256-6060
astares@metalscreek.com

Metals Creek Resources

PRODUCER
CODE : MEK.V
ISIN : CA59131Q1000
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Metals Creek is a exploration company based in Canada.

Metals Creek produces copper and gold in Canada.

Its main asset in production is TILT COVE in Canada and its main exploration properties are STAGHORN, OGDEN, GABBRO LAKE, TILLEX and DOGPAW LAKE in Canada.

Metals Creek is listed in Canada. Its market capitalisation is CA$ 781 157 as of today (US$ 571 752, € 534 188).

Its stock quote reached its highest recent level on January 14, 2011 at CA$ 2.94, and its lowest recent point on April 26, 2024 at CA$ 0.03.

Metals Creek has 31 246 269 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
In the News and Medias of Metals Creek Resources
3/15/2019Metals Creek releases Garrison drill results
Project news of Metals Creek Resources
5/22/2013(Ogden)Expands High Grade Thomas Ogden Zone in the Timmins Camp, On...
1/15/2013(Ogden)Intersects 9.46 g/t Gold Over 18.55 Meters, at the Thomas Og...
6/28/2011(Tilt Cove)Transportation of the Tilt Cove East Stockpile to the Nugget...
5/25/2011(Tillex)Completes Diamond Drill Program on the Tillex Copper Project
4/26/2011(Tilt Cove)Environmental Release Received for the Tilt Cove East Deposi...
3/3/2011(Ogden)Announces Final Results from its Ogden Township 2010 Drillin...
2/25/2011(Ogden)Announces Commencement of Phase I Drill Program on Its Ogden...
Corporate news of Metals Creek Resources
6/23/2016June 23, 2016: METALS CREEK RESOURCES CORP. CONTINUES TO INT...
6/1/2016June 1, 2016: METALS CREEK RESOURCES CORP. PROVIDES EXPLORAT...
5/6/2016May 4, 2016: METALS CREEK RESOURCES CORP. REPORTS DRILLING ....
5/6/2016May 6, 2016: METALS CREEK RESOURCES ANNOUNCES FURTHER INCREA...
5/3/2016May 3, 2016: METALS CREEK RESOURCES ANNOUNCES INCREASED PRIV...
4/26/2016April 26, 2016: METALS CREEK RESOURCES CORP. OGDEN GOLD PROP...
4/25/2016April 22, 2016: METALS CREEK RESOURCES ANNOUNCES CLOSING OF ...
4/5/2016April 5, 2016: Metals Creek Resources Corp. Announces ...
1/28/2016January 25, 2016: METALS CREEK RESOURCES CORP. DRILLS 7.26 G...
1/25/2016Metals Creek Resources Corp. Drills 7.26 g/t Gold Over 2.80 ...
11/24/2015November 23, 2015: METALS ...
11/23/2015Metals Creek Resources Announces Closing of Private Placemen...
10/21/2015October 21, 2015: METALS ...
10/21/2015Metals Creek/Benton Resources Commences Diamond Drill Progra...
10/15/2015October 15, 2015: METALS CREEK ADVISES THAT BENTON RECEIVES ...
10/15/2015Metals Creek Advised That Benton Receives Drill Permit for S...
10/6/2015October 6, 2015: METALS ...
10/6/2015October 2, 2015: METALS CREEK RESOURCES CLOSES SECOND TRANCH...
10/6/2015Metals Creek Resources Corp. Drills Multiple Gold Intercepts...
9/29/2015September 25, 2015: METALS CREEK RESOURCES ANNOUNCES EXTENSI...
9/16/2015September 16, 2015: METALS ...
9/16/2015Metals Creek Resources Corp. Drills 4.07 g/t Gold Over 6.54 ...
9/15/2015September 14, 2015: METALS CREEK RESOURCES CLOSES FIRST TRAN...
9/14/2015Metals Creek Resources Closes First Tranche of Private Place...
9/10/2015September 10, 2015: METALS CREEK/ BENTON RESOURCES DISCOVERS...
9/10/2015Metals Creek/Benton Resources Discovers New High Grade Bould...
9/1/2015September 1, 2015: METALS CREEK/ BENTON RESOURCES DISCOVERS ...
9/1/2015Metals Creek/Benton Resources Discovers New Visible Gold Sho...
8/18/2015August 13, 2015: METALS CREEK/BENTON RESOURCES PROVIDES UPDA...
8/13/2015Metals Creek/Benton Resources Provides Update on Staghorn Go...
8/13/2015Metals Creek Resources Corp. Announces Private Placement of ...
8/1/2015July 22, 2015: July 22, 2015 Metals Creek Resources Corp. (T...
8/1/2015July 20, 2015: July 20, 2015 Toronto, Ontario – Metals Creek...
8/1/2015July 28, 2015: July 28, 2015 Toronto, Ontario – Metals Creek...
7/28/2015Metals Creek Resources Corp. Announces TSX Venture Exchange ...
7/22/2015Metals Creek Resources Corp. Completes Drilling on the Ogden...
7/20/2015Metals Creek Resources Corp. Plans Consolidation and Private...
6/19/2015Metals Creek Resources Update on the Blackflake West Option
6/18/2015June 18, 2015: METALS CREEK/BENTON RESOURCES DISCOVERS MULTI...
6/18/2015Metals Creek/Benton Resources Discovers Multiple New Gold Sh...
6/16/2015June 15, 2015: Metals Creek Resources Provides Results of An...
4/27/2015April 27, 2015: METALS CREEK/BENTON RESOURCES RECOVERS ...
4/27/2015Metals Creek/Benton Resources Recovers 92.3% Gold in Leach T...
2/23/2015February 19, 2015: Blackflake West Initial Drill Results ind...
2/19/2015Blackflake West Initial Drill Results indicate a VMS Style S...
2/10/2015Metals Creek Resources Update of Drilling on the Blackflake ...
12/12/2014December 11, 2014: Metals Creek Resources /Xmet Engages Asin...
12/11/2014Metals Creek Resources/Xmet Engages Asinii Drilling to Drill...
11/18/2014November 18, 2014: METALS CREEK RESOURCES CORP. ANNOUNCES OP...
11/18/2014Metals Creek Resources Corp. Announces Option/Joint Venture ...
11/5/2014November 5, 2014: Metals Creek Resources Announces Completio...
11/5/2014Metals Creek Resources Announces Completion of the Induced P...
10/23/2014October 23, 2014: Metals Creek Resources Announces Xmet elec...
10/23/2014Metals Creek Resources Announces Xmet Elects to Proceed With...
10/21/2014October 21, 2014: Metals Creek Resources Announces Commencem...
10/21/2014Metals Creek Resources Announces Commencement of Second Phas...
10/14/2014Metals Creek Resources Provides Update on Blackflake West Pr...
9/29/2014New Detailed VTEM Survey Confirms 'All Channel' Response on ...
9/18/2014Metals Creek Resources Outlines Gold in Soil Anomaly in Vici...
9/17/2014Metals Creek Blackflake West Update: Commencement of Airborn...
8/18/2014Metals Creek Resources Discovers High Grade Boulder Train 32...
6/16/2014Metals Creek Resources Corp.: Blackflake (Feagan Lake) Prope...
6/5/2014Metals Creek Provides Update on the Blackflake West (Feagan ...
5/27/2014TSX Venture Exchange Daily Bulletins
5/22/2014Metals Creek Options 60% of Feagan Lake Graphite Project to ...
4/9/2014Metals Creek Resources Provides Update on Its 100% Owned Fea...
10/8/2013Drilling at Newly Discovered "Exploits Zone" Returns 1.54 g/...
9/12/2013Silver Results Enhance New Gold Discovery on Squid East Prop...
8/6/2013New Gold Discovery on the Squid East Property in the White G...
1/10/2013Announces Option/Joint Venture Agreement With GTA Resources
10/29/2012Channel Samples 25.43 g/t Gold over 1.0 Meter at Jackson Arm...
10/23/2012Reports Strong Gold in Soil Anomaly From Its Matson Creek Cl...
9/27/2012Channel Samples 21 Meters of 1.43 g/t Gold at the Stephens L...
7/7/2011Initiates Program of Prospecting and Surface Geochemical Sam...
6/22/2011Acquires 100 Claims Through Staking and Samples Up to 59.4 g...
5/31/2011(Tillex)Intersects 1.43% Cu, 6.78 g/t Ag Over 66.30 Meters at Its Ti...
5/19/2011(Ogden)Continues to Expand Near Surface and Deeper Zones at Thomas ...
5/3/2011Acquires Claims Near the Goldquest Area, Southwestern Newfou...
4/26/2011(Ogden)Intersects 3.16 g/t Gold Over 13.4 Meters Within Porphyry St...
3/11/2011Acquires Four Claim Blocks in the Dawson Range Gold District...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (MEK.V)
0.025-16.67%
TSX-V
CA$ 0.025
04/26 16:36 -0.010
-16.67%
Prev close Open
0.030 0.035
Low High
0.025 0.035
Year l/h YTD var.
0.020 -  0.040 -16.67%
52 week l/h 52 week var.
0.020 -  0.045 -28.57%
Volume 1 month var.
39,000 -16.67%
24hGold TrendPower© : 6
Produces Gold
Develops
Explores for Copper - Gold - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 6/22/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
2024-16.67%
2023-14.29%0.050.03
2022-80.56%0.230.03
2021157.14%0.210.07
202055.56%0.100.03
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.70-0.65%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 12.26+2.68%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.53-1.87%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.64-1.86%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 16.23+4.04%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+4.26%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.20+2.63%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.88+0.53%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.71+0.19%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.56%Trend Power :