Metals Creek Resources Corp.

Gabbro Lake - NFLD

Metals Creek is the owner of a 50% interest in the 393 claim (9825 ha) Gabbro Lake property situated in western Labrador (NTS map sheet 23H/11 ). Metals Creek  has entered into a letter agreement with Golden Dory Resources to jointly explore the property. Two of the licences totaling 85 claims were staked by Golden Dory, the remaining licences were staked by Metals Creek Resources Corp.

The property lies on western side of the Smallwood Reservoir, a large freshwater lake created to supply the hydroelectric plant at Churchill Falls. The claims lie approximately 130 kilometers northeast of Labrador City, and are best accessed by fixed or rotary wing aircraft.

The Gabbro Lake Property is a grassroots property with a very limited history of  mineral exploration. It was staked based on a report published by the Newfoundland and Labrador Department of Natural Resources (Uranium in Labrador), which describes the region as geologically analogous to the Athabasca Basin, therefore possibly prospective for unconformity type uranium deposits. The property is underlain by a sequence of Proterozoic sediments, the Sims Formation, which is comprised of conglomerate, arkose and quartzite, which overlies deformed metasedimentary rocks of the Paleoproterozoic Labrador Trough.

An Airborne Radiometric program will be carried out as soon as conditions allow in the second quarter of 2008.

Property Geology