Metals Creek Resources Corp.

Tilt Cove/Betts Cove - NFLD

The recently acquired Tilt Cove/Betts Cove property lies on the eastern side of the Baie Verte Peninsula in northern Newfoundland. The Baie Verte Peninsula is host to a number of gold and base metal deposits. The Tilt Cove Mine produced a total of 8,160,000 tonnes of ore grading 1% to 12% Cu,  and the Betts Cove Mine, reportedly produced 118,500 tonnes of ore grading 10% Cu.

Further gold (copper) exploration is warranted in the Tilt Cove/Betts Cove area, as historical mining and exploration did not focus on gold and much of the property was left un-assayed or under-explored. Included in the MEK land package are non 43-101 compliant historic resources of 80,000 tonnes at 0.06 oz/t gold at surface ( mine dump zone) and 1,000,000 tonnes grading 1% Cu (Cliff Zone).
There are also a number of occurrences in the area, including the Mud Pond showing (22.1g/t Au and 3.4% Cu over 0.77m) ,the Scarp Zone (16.4 g/t Au over 1.1 m and 7.1 g/t Au over 1.0m), the George Showing up to 315.1 g/t Au (9.20 oz/t), the Long Pond showing up to 71.5 g/t (2.09 oz/t), and the Nudulama Zone up to 4.58 g/t Au and 8.7 % Cu.

Recent sampling at the Betts Cove area has returned up to 10.0 g/t Au and 18.3% Cu. This area is also host to a NEW PLATINUM GROUP ELEMENTS DISCOVERY within late gabbroic intrusions with values from 3 samples ranging from 6.6 to 11.4 g/t Pd, 1.15 to 3.0 g/t Pt, up to .155 g/t rhodium as well as 0.93% to 1.86% Cu, 0.25 to 0.93% Ni and 0.04% Co. This is a new target that will be evaluated after spring break-up.