MEK COMMENCES DIAMOND DRILL PROGRAM ON THE OGDEN PROPERTY
METALS CREEK RESOURCES CORP. COMMENCES DRILLING ON THE OGDEN GOLD PROJECT- TIMMINS ONTARIO
Toronto, 21 February 2012. Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce the commencement of a 8 hole, 2000 meter diamond drill program on the Ogden Property in the Timmins Gold Camp, Ontario. The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Break between Goldcorp’s Dome Mine and Lake Shore Gold’s West Timmins development project.
This new drilling will focus on a number of priority targets including the near surface mineralization at the Thomas Ogden Zone. Drilling campaigns carried out over the past two years have partially defined shallow gold mineralization at Thomas Ogden with a number of impressive intersections including drill hole TOG-11-11, which returned 1.92 g/t (grams per tonne) gold over 94.0m (meters), with two high grade zones of 8.83g/t gold over 5.50m and 7.57g/t gold over 7.0m (see press release dated Feb 15, 2012) and hole TOG-10-21 which returned 1.94 g/t gold over 75.85m, including 4.37 g/t gold over 23.4m. (January 11, 2011). The zone is described as a strongly altered porphyry and sedimentary unit with associated pyrite, arsenopyrite and visible gold.
Results from the drill program will be released as they are received and compiled.
The Ogden Gold project is under an Option agreement with Goldcorp Canada Ltd. and Goldcorp Inc. (“Goldcorp”). The agreement allows for the Corporation to earn a 50% interest in the project, located in Ogden and Deloro Townships, by incurring $3.1 million in expenditures and issuing a combination of cash and shares totaling $460,000 over 4 years.
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 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 can earn 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 (PDF) that stretches between Timmins Ontario and Val d’Or Quebec. The Corporation 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 the company’s 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.”
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
WWW.metalscreek.com