Clark's Brook Property in the Central Newfoundland Gold Belt Returned to Metals Creek

Clark’s Brook Property in the Central Newfoundland Gold Belt Returned to Metals Creek

Thunder Bay Ontario, September 20, 2022 - Metals Creek Resources Corp. (the “Company” or Metals Creek, TSXV: MEK, OTCQB: MCREF, FRA:M1C1) reports that General Copper Gold Corp. has terminated its agreement to acquire the Clark’s Brook Property in central Newfoundland from Metals Creek  (see MEK news release dated 29 July 2020).

The Clark’s Brook Property is located in central Newfoundland, 25 km west of Glenwood and was originally staked in 2016 to cover two untested gold showings. Limited drill testing subsequent to the property acquisition had significant results up to 1.004 g/t Au over 25.8 m and 26.878 g/t Au over 0.25m. The 100% owned property consists of 31 claim units (7.7 sq. km.), surrounded by New Found Gold’s Queensway Project. 

The property had been previously optioned to Sokoman Minerals Corp. in 2017, 2018, and 2019 who completed ten holes testing the gold zones. (see MEK press release dated 23 August 2017) Results include numerous gold intersections as tabulated below:

Hole  From  To Length Au g/t
CB-17-01 99.20 99.50 0.30 5.583
   and 100.85 102.40 1.55 2.372
CB-17-02 127.75 130.75 3.00 3.369
   incl 127.75 128.00 0.25 26.878
CB-17-03 33.40 34.15 0.75 1.252
   and 51.40 51.90 0.50 3.364
CB-17-04 107.35 108.05 0.70 1.546
   and 117.00 118.55 1.55 2.339
CB-18-05 113.20 116.30 3.10 3.744
   incl 113.20 113.80 0.60 14.735
   and 125.75 126.50 0.75 1.113
CB-18-06 85.00 85.50 0.50 1.36
   and 106.60 123.10 16.50 0.942
   incl 106.60 110.90 4.30 2.453
CB-18-07 97.15 97.65 0.50 1.936
   and 118.25 120.65 2.40 1.354
   and 161.35 162.65 1.30 0.77
CB-19-08 33.00 33.60 0.60 3.319
   and 46.65 53.30 6.65 1.186
   and 63.80 89.60 25.80 1.004
   incl 73.60 80.00 6.40 2.045
   and 85.80 88.80 3.00 2.263
   and 110.05 110.45 0.40 1.946
   and 142.00 145.00 3.00 2.614
   and 435.50 437.40 1.90 1.512
   and 441.80 442.55 0.75 2.326
   and 446.80 447.40 0.60 3.312
   and 491.95 493.00 1.05 1.03
CB-19-09 151.70 156.00 4.30 0.396
   and 176.35 176.75 0.40 1.397
   and 254.45 257.35 2.90 0.299
CB-19-10 209.25 210.65 1.40 0.529
   and 254.15 257.65 3.50 0.343
   and 318.45 319.40 0.95 0.564

 

Note- Drill results, as reported by Sokomon, are drill widths only, as the information is not adequate to calculate true widths. Analysis techniques are described in the previously quoted press release.

In addition to Sokoman’s drilling, General Copper Gold Corp. drilled four diamond drill holes in 2021. MEK is currently awaiting the data from these 4 holes from General Copper Gold. Once received MEK will complete a full compilation of the drill data, including a 3D model of the gold mineralization. Once completed MEK will look for a partner to continue drill test the wide-spread gold mineralization.

Wayne Reid,  P.Geo and a qualified person (QP) as defined in National Instrument 43-101, is responsible for the information forming the basis for this release.

 

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a 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 has earned a 50% interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF). In addition, Metals Creek has signed an agreement with Newmont Corporation, where Metals Creek can earn a 100% interest in the past producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.

Metals Creek also has multiple quality projects available for option in Ontario and Newfoundland which can be viewed on the Company’s website. Parties interested in seeking more information about properties available for option can contact the Company at the number below.

 

Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under its profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

 

Alexander (Sandy) Stares, President and CEO

 

Metals Creek Resources Corp

telephone: (709)-256-6060

fax: (709)-256-6061

email: astares@metalscreek.com

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