METALS CREEK/ BENTON ANNOUNCES DRILL RESULTS FROM FIRST FOUR HOLES AT STAGHORN
METALS CREEK/ BENTON ANNOUNCES DRILL RESULTS FROM FIRST FOUR HOLES AT STAGHORN
Toronto, Ontario. 09 December 2015, Metals Creek Resources Corp. (TSX-V:MEK) has been provided an update by its partner Benton Resources Inc, (TSXV: BEX) (“Benton” or “the Company”)On the Staghorn gold property (under option from Metals Creek Resources Corp.; see Benton press release dated Nov. 18, 2014), Benton announced that the Company has received results from the first four diamond drill holes on the Staghorn gold project. The Staghorn claims are situated along the Cape Ray/Victoria Lake regional fault zone, which is host to a number of gold deposits, including Marathon Gold's Valentine Lake deposit located 30km to the northeast of the property and Benton's Cape Ray gold deposits approximately 100km to the southwest.
Three of the drill holes have identified in bedrock, the lithological unit that hosts the Ryan's Hammer boulder terrain. Benton is encouraged with the initial results and by the size of the gold enriched system. Highlights from the first holes include 42.6m grading 0.219gpt gold in hole RH15-01 and 71.2m grading 0.184gpt gold (RH15-02). This first drill campaign tested targets associated with geochemical and geophysical anomalies, covering a 3.2km strike length. The 11 hole drill program has now been completed and future drilling is planned to test the remaining targets, including the "Rich House" Visible Gold showing, where selected grab samples graded from trace up to 189.2gpt gold. This target could not be tested during this recent program due to inclement weather conditions. All samples have been submitted for analysis and results will be released as they become available. All assays were completed by Eastern Analytical of Springdale, NL using pulp metallic and fire assay.
Results for the first 4 drill holes:
|
HOLE |
FROM (m) |
TO (m) |
LENGTH (m) |
Au (gpt) |
|
RH15-01 |
3.5 |
46.1 |
42.6 |
0.219 |
|
incl. |
6.3 |
12.6 |
6.3 |
0.483 |
|
incl. |
6.3 |
8.3 |
2 |
0.832 |
|
incl. |
6.3 |
7.3 |
1 |
1.186 |
|
incl. |
31.6 |
35.6 |
4 |
0.526 |
|
incl. |
32.6 |
34.6 |
2 |
0.706 |
|
incl. |
40.6 |
46.1 |
5.5 |
0.425 |
|
incl. |
40.6 |
41.6 |
1 |
0.659 |
|
and |
43.6 |
44.6 |
1 |
0.859 |
|
RH15-02 |
2.7 |
73.9 |
71.2 |
0.184 |
|
incl. |
16 |
27 |
11 |
0.61 |
|
incl. |
17 |
18 |
1 |
1.062 |
|
and |
23 |
24 |
1 |
1.172 |
|
and |
26 |
27 |
1 |
1.11 |
|
RH15-03 |
19.1 |
25.1 |
6 |
0.416 |
|
|
19.1 |
22.1 |
3 |
0.482 |
|
|
49.9 |
50.9 |
1 |
1.36 |
|
RH15-04 |
no significant intersections |
|||
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible 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, 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 (P-DF) that stretches between Timmins, Ontario and Val d’Or, Quebec. Metals Creek has also recently made a new gold/silver discovery in the “White Gold District” on the Squid East project in the Yukon and 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 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.
On Behalf Of the Board of Directors
Metals Creek Resources Corp.
Alexander Stares, President and CEO
Telephone: (709)-256-6060
Fax: (709)-256-6061
Email: astares@metalscreek.com
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