Metals Creek Makes Two New Gold Discoveries at Careless Cove in Newfoundland
Metals Creek Resources Corp. (TSXV: MEK) has announced two new gold discoveries at its Careless Cove Property in Newfoundland, located within New Found Gold Corp.'s Queensway High-Grade Gold Project. The first discovery, the Lillian Zone, yielded samples with assays of 4.1g/t and 0.83g/t gold. The second discovery, the Diana Zone, located 150 meters northeast of Lillian, returned assays of 1.61g/t and 2.82g/t gold.
Additionally, a third zone initially discovered in 2020 has been expanded, with new high-grade rubble material found 50m north, showing samples of 13.34g/t and 9.00g/t gold. The company also identified potential for antimony mineralization, with samples returning up to 0.27% antimony. Three highly prospective soil anomalies remain untested and will be explored in upcoming programs.
Metals Creek Resources Corp. (TSXV: MEK) ha annunciato due nuove scoperte d'oro presso il suo Careless Cove Property nel Newfoundland, situato all'interno del Queensway High-Grade Gold Project di New Found Gold Corp. La prima scoperta, la Lillian Zone, ha fornito campioni con analisi di 4.1g/t e 0.83g/t d'oro. La seconda scoperta, la Diana Zone, situata 150 metri a nord-est di Lillian, ha restituito analisi di 1.61g/t e 2.82g/t d'oro.
Inoltre, una terza zona scoperta inizialmente nel 2020 è stata ampliata, con nuovi materiali di rubble ad alta grade trovati 50m a nord, mostrando campioni di 13.34g/t e 9.00g/t d'oro. L'azienda ha anche identificato potenziale per mineralizzazione di antimonio, con campioni che restituiscono fino a 0.27% di antimonio. Tre anomalie di suolo altamente prospettiche rimangono non testate e saranno esplorate nei prossimi programmi.
Metals Creek Resources Corp. (TSXV: MEK) ha anunciado dos nuevos descubrimientos de oro en su propiedad Careless Cove en Newfoundland, ubicada dentro del Queensway High-Grade Gold Project de New Found Gold Corp. El primer descubrimiento, la Lillian Zone, arrojó muestras con ensayos de 4.1g/t y 0.83g/t de oro. El segundo descubrimiento, la Diana Zone, situada a 150 metros al noreste de Lillian, devolvió ensayos de 1.61g/t y 2.82g/t de oro.
Además, una tercera zona descubierta inicialmente en 2020 ha sido ampliada, con nuevo material de escombros de alta ley encontrado 50m al norte, mostrando muestras de 13.34g/t y 9.00g/t de oro. La compañía también identificó potencial para mineralización de antimonio, con muestras que devuelven hasta 0.27% de antimonio. Tres anomalías de suelo altamente prospectivas permanecen sin probar y se explorarán en los próximos programas.
Metals Creek Resources Corp. (TSXV: MEK)는 뉴펀들랜드에 위치한 Careless Cove Property에서 두 가지 새로운 금 발견을 발표했습니다. 이 지역은 New Found Gold Corp.의 Queensway 고급 금 프로젝트 내에 있습니다. 첫 번째 발견인 Lillian Zone에서는 4.1g/t 및 0.83g/t 금 샘플이 나왔습니다. 두 번째 발견인 Diana Zone는 Lillian에서 북동쪽으로 150미터 떨어진 곳에 위치하며 1.61g/t 및 2.82g/t 금 샘플이 반환되었습니다.
또한, 2020년에 처음 발견된 세 번째 지역이 확장되었으며, 북쪽으로 50m 떨어진 곳에서 새로운 고급 자재가 발견되어 13.34g/t 및 9.00g/t 금 샘플이 확인되었습니다. 회사는 또한 최대 0.27%의 안티모니 미네랄화 가능성을 확인했습니다. 세 개의 매우 유망한 토양 이상이 아직 테스트되지 않았으며, 향후 프로그램에서 탐색될 예정입니다.
Metals Creek Resources Corp. (TSXV: MEK) a annoncé deux nouvelles découvertes d'or sur sa propriété Careless Cove à Terre-Neuve, située dans le cadre du Queensway High-Grade Gold Project de New Found Gold Corp. La première découverte, la Lillian Zone, a donné des échantillons avec des analyses de 4.1g/t et 0.83g/t d'or. La deuxième découverte, la Diana Zone, située à 150 mètres au nord-est de Lillian, a retourné des analyses de 1.61g/t et 2.82g/t d'or.
De plus, une troisième zone découverte initialement en 2020 a été élargie, avec de nouveaux matériaux de gravats de haute qualité trouvés à 50m au nord, montrant des échantillons de 13.34g/t et 9.00g/t d'or. La société a également identifié un potentiel de minéralisation d'antimoine, avec des échantillons retournant jusqu'à 0.27% d'antimoine. Trois anomalies de sol très prometteuses restent non testées et seront explorées dans les programmes à venir.
Metals Creek Resources Corp. (TSXV: MEK) hat zwei neue Goldentdeckungen in seiner Careless Cove-Immobilie in Neufundland angekündigt, die sich innerhalb des Queensway High-Grade Gold-Projekts von New Found Gold Corp. befindet. Die erste Entdeckung, die Lillian Zone, lieferte Proben mit Gehalten von 4.1g/t und 0.83g/t Gold. Die zweite Entdeckung, die Diana Zone, die 150 Meter nordöstlich von Lillian liegt, brachte Gehalte von 1.61g/t und 2.82g/t Gold zurück.
Zusätzlich wurde eine dritte Zone, die ursprünglich 2020 entdeckt wurde, erweitert, wobei neues hochgradiges Schuttmaterial 50m nördlich gefunden wurde, das Proben von 13.34g/t und 9.00g/t Gold zeigt. Das Unternehmen identifizierte auch Potenzial für Antimonmineralisierung, wobei Proben bis zu 0.27% Antimon zurückgaben. Drei hochgradig aussichtsreiche Bodenanomalien bleiben ungetestet und werden in den kommenden Programmen untersucht.
- Discovery of two new gold mineralization zones with significant assays up to 4.1g/t gold
- Extension of previously known zone with high-grade samples up to 13.34g/t gold
- Property shows potential for antimony mineralization with samples up to 0.27% Sb
- Strong correlation between soil anomalies and gold mineralization
- Only 35% of the property has been covered by soil sampling
- Surface grab samples may not represent average property grades
Thunder Bay, Ontario--(Newsfile Corp. - February 19, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce the discovery of two new zones of gold mineralization as well as expanding previously outlined gold mineralization at the Careless Cove Property in Newfoundland.
The Careless Cove Property is located within and adjacent to New Found Gold Corp.'s Queensway High-Grade Gold Project and approximately 12 kilometers southwest of New Found Gold's Keats Zone Drilling (See fig. 1: Careless Cove Location Map).
Prospecting by MEK on the Careless Cove Property in 2020 (See News Release: December 09, 2020) uncovered gold mineralization composed of quartz breccia with disseminated pyrite and quartz vein hosted pyrite/arsenopyrite. Grab samples returned assays of 7.39g/t (grams per tonne), 0.47g/t and 4.15g/t Au.
Prospecting carried out by MEK at Careless Cove in December 2024 resulted in the discovery of two new zones of gold mineralization (See Fig. 2, sample location map). The first discovery (Lillian Zone) is comprised of silicified sediments with quartz stringers with nil to trace finely disseminated pyrite. Two samples were taken with assays of 4.1g/t and 0.83g/t gold.
The second new discovery (Diana Zone) lies approximately 150 meters north east of the Lillian Zone. Four samples have been collected from this location with two returning assays of 1.61g/t and 2.82g/t gold hosted by silicified siltstones with associated quartz veins and finely disseminated pyrite. Two other samples from the same general location returned assays of 1.66g/t and 0.26g/t gold hosted within a quartz breccia with finely disseminated pyrite (See Fig 2) and weakly mineralized chert with no visible mineralization respectively.
A third zone of mineralization initially discovered in 2020 (See News Release: December 09, 2020) resulted in the discovery new gold mineralization with assays of 7.39g/t, 0.47g/t and 4.15g/t gold hosted within silicified sediments with vuggy quartz and trace to
Figure 1. Location Map Careless Cove Property
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Figure 2: Careless Cove prospecting samples with soil anomalies.
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Management is highly encouraged with results to date which include the identification of two new gold showings and further extending a third zone of mineralization 50m to the north (See Fig 2). These gold showings show a strong spacial association of gold in soil anomalies from samples collected in 2021. Three other highly prospective soil anomalies remained untested and will be the focus of an upcoming prospecting program once conditions allow. It should also be noted that only approximately
MEK is also evaluating the exploration potential of the Careless Cove property to host antimony bearing mineralization (Stibnite) similar to that of the Beaver Brook Mine located 29 kilometers to the southwest. Pathfinder elements are present in soils including zinc, lead, iron, arsenic and antimony. Careless cove is also located in close proximity to the Dog Bay Line northeast trending regional structure same as the Beaver Brook Antimony Mine. Several anomalous grab samples have returned antimony (Sb) assays up to
Figure 3. Sampled Outcrop, Lillian Zone
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Note: The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades of the property.
Follow up sampling from the newly discovered areas will commence once ground and snow conditions allow.
Analyses in this release was performed by Eastern Analytical of Springdale, NL with ISO 17025 accreditation. Samples were transported in sealed bags to Eastern and all samples were assayed using industry-standard assay techniques for gold. Gold was analyzed by a standard 30 gram fire assay with an AA finish.
Wayne Reid, P.Geo and a Director 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 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
Metals Creek also has multiple quality projects available for option 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.sedarplus.ca.
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
709-424-1141
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/241451
FAQ
What are the gold assay results from Metals Creek's new Lillian Zone discovery at Careless Cove?
How far is Metals Creek's Careless Cove property from New Found Gold's Keats Zone?
What were the gold assay results from the Diana Zone discovery at Careless Cove?
What percentage of Metals Creek's Careless Cove property has been covered by soil sampling?
What is the antimony (Sb) potential at Metals Creek's Careless Cove property?
