- Metals Creek Resources (MEK) is releasing the latest round of drill results from its Ogden Gold Project in Ontario
- The Ontario-based junior exploration company operates a 50/50 joint venture on the project with Newmont Corporation
- Three of the six holes drilled had visible gold
- A key sample returned 9.2 grams of gold per tonne over 4.47 metres
- Metals Creek Resources is down 10.53 percent, trading at $0.17 at 3:28 p.m. EST
Metals Creek Resources (MEK) is releasing the latest round of drill results from its Ogden Gold Project in Ontario.
The Ontario-based junior exploration company operates a 50/50 joint venture on the project with Newmont Corporation.
The drill program focused on the project’s Thomas Ogden Zone and totalled 2,076 metres.
Three of the six holes drilled had visible gold.
A key sample returned 9.2 grams of gold per tonne over 4.47 metres.
That hole was drilled approximately 325 metres east of another hole, which returned 210.19 grams of gold per tonne over 12.53 metres.
Drilling has been paused while the company awaits the completion and interpretation of the deep section Induced Polarization (IP) program. Drilling is expected to begin again in three weeks.
Metals Creek also signed an agreement with Newmont, under which Metals Creek can earn a 100-percent interest in the past-producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.
Metals Creek Resources is down 10.53 percent, trading at $0.17 at 3:28 p.m. EST.