Yellow Fox Antimony Project Update
Metals Creek Resources Corp. (TSXV: MEK) has provided an update on the Yellow Fox antimony, silver, and gold property through its option partner Lomiko Metals Inc. The property, located 10 km southwest of Glenwood NL, shows promising exploration potential with historic grab samples yielding up to 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins.
Lomiko has announced a two-phase work program for Spring 2025. Phase 1 includes a soil sampling program with approximately 700 samples across ten 250m spaced lines. Phase 2 will expand soil sampling coverage and include ground truthing of targets. The property shares geological similarities with the past-producing Beaver Brook antimony mine, located 25km southwest, featuring similar cross-cutting structural zones with intense carbonate alteration.
Metals Creek Resources Corp. (TSXV: MEK) ha fornito un aggiornamento sulla proprietà di antimonio, argento e oro Yellow Fox attraverso il suo partner di opzione Lomiko Metals Inc. La proprietà, situata a 10 km a sud-ovest di Glenwood NL, mostra un promettente potenziale esplorativo con campioni storici che hanno restituito fino a 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag e 5.50% Pb in vene di arsenopirite e stibnite.
Lomiko ha annunciato un programma di lavoro in due fasi per la primavera del 2025. Fase 1 include un programma di campionamento del suolo con circa 700 campioni distribuiti su dieci linee distanziate di 250m. Fase 2 espanderà la copertura del campionamento del suolo e includerà la verifica a terra degli obiettivi. La proprietà condivide somiglianze geologiche con la storica miniera di antimonio Beaver Brook, situata a 25 km a sud-ovest, caratterizzata da zone strutturali incrociate simili con intensa alterazione carbonatica.
Metals Creek Resources Corp. (TSXV: MEK) ha proporcionado una actualización sobre la propiedad de antimonio, plata y oro Yellow Fox a través de su socio de opción Lomiko Metals Inc. La propiedad, ubicada a 10 km al suroeste de Glenwood NL, muestra un prometedor potencial de exploración con muestras históricas que han arrojado hasta 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag y 5.50% Pb en vetas de arsenopirita y estibnita.
Lomiko ha anunciado un programa de trabajo en dos fases para la primavera de 2025. Fase 1 incluye un programa de muestreo de suelo con aproximadamente 700 muestras distribuidas en diez líneas espaciadas a 250m. Fase 2 ampliará la cobertura del muestreo de suelo e incluirá la verificación en el terreno de los objetivos. La propiedad comparte similitudes geológicas con la mina de antimonio Beaver Brook, que se encuentra a 25 km al suroeste, presentando zonas estructurales cruzadas similares con intensa alteración carbonática.
Metals Creek Resources Corp. (TSXV: MEK)는 옵션 파트너인 Lomiko Metals Inc.를 통해 Yellow Fox 안티몬, 은 및 금 자산에 대한 업데이트를 제공했습니다. 이 자산은 Glenwood NL에서 남서쪽으로 10km 떨어진 곳에 위치하고 있으며, 역사적인 샘플 분석에서 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag 및 5.50% Pb까지의 유망한 탐사 가능성을 보여줍니다. 이는 비소석 및 스틴바이트 광맥에서 발견되었습니다.
Lomiko는 2025년 봄을 위한 2단계 작업 프로그램을 발표했습니다. 1단계에는 약 700개의 샘플을 포함한 토양 샘플링 프로그램이 포함되어 있으며, 10개의 250m 간격으로 배치된 라인에서 진행됩니다. 2단계는 토양 샘플링 범위를 확장하고 목표에 대한 현장 검증을 포함할 것입니다. 이 자산은 25km 남서쪽에 위치한 과거의 Beaver Brook 안티몬 광산과 지질학적 유사성을 공유하며, 강렬한 탄산염 변화를 특징으로 하는 유사한 교차 구조 구역을 포함하고 있습니다.
Metals Creek Resources Corp. (TSXV: MEK) a fourni une mise à jour sur la propriété Yellow Fox d'antimoine, d'argent et d'or par l'intermédiaire de son partenaire d'option Lomiko Metals Inc. La propriété, située à 10 km au sud-ouest de Glenwood NL, montre un potentiel d'exploration prometteur avec des échantillons historiques révélant jusqu'à 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag et 5.50% Pb dans des veines d'arsénopyrite et de stibnite.
Lomiko a annoncé un programme de travail en deux phases pour le printemps 2025. Phase 1 comprend un programme d'échantillonnage des sols avec environ 700 échantillons répartis sur dix lignes espacées de 250 m. Phase 2 étendra la couverture d'échantillonnage des sols et inclura la vérification sur le terrain des cibles. La propriété partage des similitudes géologiques avec l'ancienne mine d'antimoine Beaver Brook, située à 25 km au sud-ouest, présentant des zones structurelles similaires avec une intense altération carbonatée.
Metals Creek Resources Corp. (TSXV: MEK) hat ein Update zu den Yellow Fox Antimon-, Silber- und Goldvorkommen über seinen Optionspartner Lomiko Metals Inc. bereitgestellt. Das Grundstück, das sich 10 km südwestlich von Glenwood NL befindet, zeigt vielversprechendes Erkundungspotenzial mit historischen Proben, die bis zu 59.43g/t Au, 11.10% Sb, 7.00% Zn, 72.90g/t Ag und 5.50% Pb in Arsenopyrit-Stibnit-Venen ergeben haben.
Lomiko hat ein zweiphasiges Arbeitsprogramm für den Frühling 2025 angekündigt. Phase 1 umfasst ein Bodenprobenprogramm mit etwa 700 Proben über zehn 250 m entfernte Linien. Phase 2 wird die Bodenprobenabdeckung erweitern und die Überprüfung der Ziele vor Ort einschließen. Das Grundstück weist geologische Ähnlichkeiten mit der früher produzierenden Antimonmine Beaver Brook auf, die 25 km südwestlich liegt und ähnliche durchdringende Strukturzonen mit intensiver karbonatischer Alteration aufweist.
- Historic high-grade samples showing significant mineralization (59.43g/t Au, 11.10% Sb)
- Property located on same trend as past-producing Beaver Brook antimony mine
- Excellent infrastructure access via logging roads and proximity to Trans-Canada Highway
- Structured two-phase exploration program planned for Spring 2025
- Early-stage exploration property with no proven resources
- Results from historic grab samples may not be indicative of underlying mineralization
Thunder Bay, Ontario--(Newsfile Corp. - March 12, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that the Company has been advised by its option partner Lomiko Metals Inc. (Lomiko or TSX-V: LMR) of an update on the Yellow Fox, antimony, silver, and gold property acquired from Metals Creek as per news release issued on January 21st, 2025. (See MEK news release dated January 21 2025).
The Yellow Fox property is on the same trend as the past-producing Beaver Brook antimony mine, which is located 25km southwest of the property. Yellow Fox is an early-stage exploration property prospective in antimony, gold, and silver where historic works returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). The trenching exposed the rocks, resulting in grab samples to 59.43g/t Au,
Alexander (Sandy) Stares, President, CEO and a director of Metals Creek States, "We are pleased to see Lomiko moving ahead and execute a plan to further evaluate the potential at the prospective Yellow Fox property. This allows Metals Creek to remain focused on the Tillex Copper Project and the Ogden Gold Project in Timmins Ontario while the Yellow Fox Project moves forward."
Gordana Slepcev, CEO, President, and Director of Lomiko, stated: "We are pleased to move forward with the Phase 1 work program at the Yellow Fox property with a targeted soil sampling program to take place in the spring. The plan is to complete 10 lines at 250 meters spacing and collect approximately 700 soil samples to better define existing highly prospective antimony and silver and gold targets as well as further evaluate south of the Yellow Fox showing where little to no work has been performed historically. We are happy to be working with Metals Creek, who will manage and complete the work program for Lomiko."
Yellow Fox antimony and gold prospect Spring 2025 Work Program
Lomiko reviewed existing data and devised a plan for the fieldwork program in the spring of 2025.
Phase 1 of the plan in the spring is focused on soil sampling with the following highlights:
Soil sampling program targeted south of Yellow Fox, showing 59.413 g/t gold and areas of increased density of interpreted structures, See Figure 1.
Approximately 700 soil samples on ten 250m spaced lines trending approximately 110 degrees with samples taken every 25m along the line.
Should the soil sampling program be proven effective, expansion of the lines and additional lines to the south are warranted, which would be the focus of the Phase 2 program.
Phase 2 will see the soil sampling completed on the 250-meter parallel grids at 25-meter spacing covering the southern end of the property.
Phase 2 will also focus on ground truthing existing targets as well as following up on newly generated targets
Depending on the results of the phase 1 testing, a targeted EM survey will be undertaken.
Please note that the results on an adjacent or nearby property (Beaver Brook) are not necessarily what can be expected on the Yellow Fox project and that the results of surface or grab samples, by their nature, this type of sample is selective and that the assay results may not be indicative of underlying mineralization.
Location Details
The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood NL, and south of the Trans-Canada Highway. The Property occurs within NTS map sheets 02D/14 and 15 with excellent access along several logging and skidder roads originating from Glenwood. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake. The property is centered at approximately UTM (NAD 27) grid coordinates 5,419,400m North and 645,300m East.
Geologically, Yellow Fox exhibits similar traits to that of Beaver Brook with cross-cutting structural zones which show intense carbonate alteration with sulphide-bearing stringers to veins of stibnite and arsenopyrite with similar high-grade tenors of antimony, gold, lead, zinc, and silver. Arsenopyrite is also present in both locations. Two prominent fracture vein sets are present, one being the muscovite-pyrite-rutile veins trending 356 degrees and the second stibnite-quartz-arsenopyrite being the most abundant and trending 025 degrees. Both these veins sets are similar to that of the past producing Beaver Brook antimony Mine and with both vein sets trending in N to NE which is same as the prospective regional structures.
Figure 1. Yellow Fox Soil Sampling Work Program Phase 1
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/244310_2c64a1f034bbab99_002full.jpg
Qualified Person for technical content at Yellow Fox
The technical information in this press release has been prepared and approved by Gordana Slepcev, P.Eng, who is registered in Ontario as a qualified person as defined by NI 43-101 guidelines. Gordana Slepcev is a CEO & President of Lomiko Metals. QP relied on the information provided by Metals Creek. Metals Creek QP is Wayne Reid, P.Geo. is registered in the Province of Newfoundland and Labrador and is a director of Metals Creek.
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/244310
FAQ
What are the historic sample results from the Yellow Fox property (MCREF)?
What is Lomiko's Phase 1 exploration plan for Yellow Fox in Spring 2025?
Where is the Yellow Fox property located and how accessible is it?
What geological similarities does Yellow Fox share with the Beaver Brook antimony mine?
