June 11, 2009
METALS CREEK RESOURCES CHANNEL SAMPLES 9.42 G/T TOTAL PRECIOUS METALS OVER THREE METERS AT BETTS COVE
Toronto, 11 June, 2009 - Metals Creek Resources Corp. (the “Corporation”, TSXV: “MEK”) is pleased to provide the following update on its Betts Cove PGE discovery on the Baie Verte Peninsula, Newfoundland. Recent channel sampling by the corporation, have confirmed the presence of high grade Platinum Group Elements. Three continuous one meter channel samples resulted in 1.606 g/t platinum, 7.461 g/t palladium, 0.263 g/t gold, 0.943% copper, and 0.661% nickel average over the three meters (See table below). The Betts Cove PGE showing was recently discovered by MEK prospectors in the fall of 2008.
Sample# | Sample Type | Au ppb | Pt | Pd | Rh ppb | Cu | Ni | Co |
51814 | 1 meter channel | 167 | 2006 | 8586 | 121 | 0.958 | 0.592 | 259 |
51815 | 1 meter channel | 350 | 1696 | 9053 | 142 | 1.268 | 0.997 | 326 |
51816 | 1 meter channel | 272 | 1118 | 4746 | 036 | 0.602 | 0.394 | 165 |
The Betts Cove Complex is interpreted as part of a Lower Ordovician aged oceanic crust and mantle that was developed through sea-floor spreading and was subsequently thrust (obducted) on to the Fleur de Lys continental mass. The Complex is made up predominately of mafic and ultra-mafic volcanic and related intrusive rocks which are host to a number of copper and gold deposits including past producers at the Tilt Cove Copper Mine, the Betts Cove Copper Mine and the Nugget Pond Gold Mine.
Additional prospecting, sampling and detailed grid work is scheduled to better define the recently discovered PGE mineralization.
All samples were sent to Accurassay Laboratories in Thunder Bay, Ontario. The precious metals were analyzed utilizing a standard fire assay with atomic absorption finish and the base metals were analyzed utilizing acid digestion and an atomic absorption finish.
Wayne Reid, VP Corporate Development 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 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”. The Corporation is engaged in the identification, acquisition, exploration and development of mineral resource properties, and presently has mining interests in Ontario and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under the company’s profile at www.sedar.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.
For further information, please contact:
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com