Metals Creeks Mobilizes Diamond Drill Rig to the Shabaqua Corners Gold Property

Rhea-AI Summary

Metals Creeks has mobilized a diamond drill rig to the Shabaqua Corners Gold Property in Thunder Bay, Ontario, targeting high-grade channel sampling. The property is located near the Shebandowan Greenstone Belt and has had minimal exploration work. The company aims to release drill results once compiled.

Positive

• Mobilization of a diamond drill rig to the Shabaqua Corners Gold Property for high-grade channel sampling.

• Exploration team's success in generating quality drill targets for the inaugural drill program.

• Potential for significant gold findings based on previous channel sampling results.

Negative

• exploration work done on the property.

• Dependence on drill results for assessing the property's potential.

Thunder Bay, Ontario--(Newsfile Corp. - April 29, 2024) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that a diamond drill rig has been mobilized to the Shabaqua Corners Gold Property (SCGP).

The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners and on trend to Delta Resources Delta 1 project. The property has seen very little exploration work.

This first ever drill program will Target high grade channel sampling of 29.4 grammes per tonne (g/t) Gold (Au) over 0.6 meters (m) and 29.1 g/t Au over 0.7 m from Main Zone as well as channel sampling of 1.04 g/t Au over 18.70 m at the newly discovered Echo Zone (see figure 1).

Alexander (Sandy) Stares, President and CEO states " Our exploration team as had tremendous success during the 2023 field season generating quality drill targets for this inaugural drill program. We are all extremely excited to get the drill turning and seeing what this property holds in store."

Drill results will be released once results are received and compiled.

The eastern boundary of the property is located 1.57 kilometers(km) west of Delta Resources (DLTA) drill hole DL-22-18 which returned an intercept of 5.92 g/t Au over 31m (Source: Delta New Release October 31, 2022). Trenching conducted on Delta's ground 390m east of the property boundary, returned an interval of 2.22 g/t Au over 8m (Source: Delta Resources Website).

Michael MacIsaac, P.Geo and VP Exploration 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 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 owns and/or has option agreements in place to acquire a 100% interest in claims in the Shabaqua Corners area of North western Ontario.

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.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
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek

Zone	Grab or Channel	width (m)	Gold g/t
Main	channel	0.60	29.40
Main	channel	0.75	29.12
Main	channel	0.90	6.95
Main	grab		42.80
Main	grab		10.10
Main	grab		42.00
Main	grab		10.80
Main	grab		32.10
Main	grab		18.10
Main	grab		45.00
Main	grab		31.80
Echo	channel	18.70	1.04
Echo	grab		4.70
Echo	grab		18.40
Echo	grab		4.00
Echo South	grab		51.00
Anomalous	grab		13.10
Anomalous	grab		6.08
Anomalous	grab		3.97
Western Shear	grab		18.50
Western Shear	grab		9.56
Western Shear	grab		9.18
Western Shear Ext	grab		18.10
Western Shear Ext	grab		17.00
Western Shear Ext	Chip	0.60	6.18

 

Figure 1 Sample Highlights from Shabaqua Corners Gold Project

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/207186

FAQ

Where is the Shabaqua Corners Gold Property located?

The property is situated in Thunder Bay, Ontario, near the Shebandowan Greenstone Belt.

What are some previous channel sampling results at the property?

Previous channel sampling showed 29.4 g/t Au over 0.6m and 29.1 g/t Au over 0.7m in the Main Zone, and 1.04 g/t Au over 18.70m at the Echo Zone.

Who is responsible for the release and preparation of information for Metals Creeks?

Michael MacIsaac, P.Geo and VP Exploration, is the qualified person overseeing the release and preparation of data.