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     266  0 Kommentare Metals Creek Options Jackson's Arm and Tilt Cove Properties in Newfoundland to Anaconda Mining Inc. - Seite 3

    The area is also host to several historical (1864-1967) open pit and underground copper mines. Gold is typically associated with copper mineralization and several of the historic copper deposits require follow-up testing for gold potential. A stockpile of gold bearing ore from historical mining, estimated at 30,000 tonnes is located on the Tilt Cove Property.

    Near term exploration plans

    Anaconda is planning a field program on the Great Northern Project that will begin this fall and include geological mapping of existing prospects and surrounding areas and the development of drill targets. Immediate work on Tilt Cove will begin with a thorough review and compilation of all historical data and field investigations to determine the highest priority drill targets and metallurgical test work on the stockpile.

    *Resource taken from the NI43-101 report for the Viking project entitled "NI 43-101 Technical Report and Mineral Resource Estimate on the Thor Deposit, Viking Project, White Bay Area, Newfoundland and Labrador, Canada" with an effective date of August 29, 2016" and using a cut-off grade of 0.5 g/t.

    **Resource taken from the NI43-101 report for the Jackson's Arm Project entitled "TECHNICAL REPORT ON MINERAL RESOURCE ESTIMATE FOR JACKSON'S ARM GOLD PROJECT WHITE BAY AREA NEWFOUNDLAND AND LABRADOR, Latitude 49o 53' 2.65"North, Longitude 56 o 50' 7.09" West", with an effective date of April 20th, 2009. Prepared For: Kermode Resources Ltd. by Mercator Geological Services Limited.

    Wayne Reid (PGeo) is a director of the company and is responsible for the preparation of this News Release.

    About Metals Creek Resources Corp.

    Lesen Sie auch

    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, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific Porcupine-Destor Fault (P-DF) that stretches between Timmins, Ontario and Val d'Or, Quebec. Metals Creek has also recently made a new gold/silver discovery in the "White Gold District" on the Squid East project in the Yukon and 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.

    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.

    Metals Creek Resources Corp.
    Alexander Stares
    President and CEO
    (709)-256-6060
    (709)-256-6061 (FAX)
    astares@metalscreek.com
    www.MetalsCreek.com

    www.Twitter.com/MetalsCreekRes
    www.Facebook.com/MetalsCreek
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    Verfasst von Marketwired
    Metals Creek Options Jackson's Arm and Tilt Cove Properties in Newfoundland to Anaconda Mining Inc. - Seite 3 TORONTO, ONTARIO--(Marketwired - Nov. 8, 2016) - Metals Creek Resources Corp. (TSX VENTURE:MEK) ("Metals Creek") is pleased to announce that the company has entered into an option agreement, (the "Jackson's Arm Agreement") with Anaconda Mining Inc. …