Metals Creek Resources Discovers New Strongly Conductive Target on Its 100% Owned Feagan Lake Graphite Project
March 26 2014 - 7:30AM
Marketwired
Metals Creek Resources Discovers New Strongly Conductive Target on
Its 100% Owned Feagan Lake Graphite Project
TORONTO, ONTARIO--(Marketwired - Mar 26, 2014) - Metals Creek
Resources Corp. ("Metals Creek" or "the Company") (TSX-VENTURE:MEK)
today reports that the company has discovered several conductive
electromagnetic targets on its recently staked, 100% owned Feagan
Lake Graphite property which is located approximately 7 km due west
of Zenyatta's hydrothermal graphite discovery.
These new electromagnetic (EM) conductive responses were flown
with the VTEM plus time domain system targeting previously
identified magnetic lows that resulted in the discovery of several
new exploration targets exhibiting similar features to that of
Zenyatta's hydrothermal graphite discovery. One of the EM responses
in particular returned a strong conductive response on all channels
with an associated magnetic low.
The Feagan Lake claim block consists of 12 claim blocks totaling
175 claim units and is located immediately west and adjacent to
Zenyatta's claim block. The Feagan lake property to the best of
management's knowledge has never been flown for EM conductors
making this a brand new discovery demonstrating the potential for
the area to potentially host additional graphite
mineralization.
Metals Creek's President and CEO, Alexander Stares states, "With
the discovery of several new EM anomalies within favorable
stratigraphy to host possible additional graphite mineralization,
it provides Metals Creek with an exciting new project strategically
located adjacent to Zenyatta's hydrothermal graphite discovery.
This new highly conductive EM target will be the focus of
additional exploration work going forward."
Michael MacIsaac, P. Geo, 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". The Ogden Property is held under a joint venture in
which Metals Creek owns 50% and is the operator, and Goldcorp
Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the
Porcupine Joint Venture, a joint venture between Goldcorp Inc. and
Goldcorp Canada Ltd.) and is located 6 km south of Timmins,
Ontario. Metals Creek also holds approximately 15% interest in
Sokoman Iron Corp. (TSX-VENTURE:SIC). The Corporation has also
recently made a new gold/silver discovery in the "White Gold
District" on the Squid East project in the Yukon. Metals Creek is
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.
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.
Metals Creek Resources Corp.Alexander (Sandy) StaresPresident
and CEO(709) 256-6060(709)
256-6061astares@metalscreek.comwww.MetalsCreek.comTwitter:
www.twitter.com/MetalsCreekResFacebook:
www.facebook.com/MetalsCreek
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