- Metals Creek Resources (MEK) has begun exploration activities on its Ogden Gold Project
- The Ogden Gold Project is a 50-50 Joint Venture with Newmont Corporation, with the Metals Creek serving as the operator
- The project is located near Timmins, Ontario
- Diamond drilling is expected to commence as soon as a drill rig becomes available
- Metals Creek is down 3.57 per cent, trading at $0.14 at 11:12 am ET
Metals Creek Resources (MEK) has begun exploration activities on its Ogden Gold Project.
The Ogden Gold Project is a 50-50 Joint Venture with Newmont Corporation, with the Metals Creek serving as the operator.
The project is located near Timmins, Ontario
Diamond drilling is expected to commence as soon as a drill rig becomes available.
The Thomas Ogden Zone will be the main focus of the upcoming drill program with an emphasis on further defining the orientation of high-grade cross-cutting veins and mineralization.
Ground geophysics consisting of Deep Section Induced Polarization will take place over Naybob South, Thomas Ogden and Thomas Ogden West.
The ground geophysics will help further define the down plunge orientation of the fold axis and mineralization at depth of both TOG and TOGW as well as further defining the plunge direction of known sulphide mineralization within Naybob South below existing drill data.
The geophysics program is expected to take place in the latter part of September.
“The Metals Creek team is excited to restart exploration at the Ogden Gold Project. With funding recently secured from Crescat Capital, we have the required capital to kick start exploration in the Timmins Camp. This should prove to be an exciting summer/fall for Metals Creek shareholders as we will be active at both Dona Lake and Ogden,” said Metals Creek President and CEO Alexander Stares.
The Ogden Gold Project covers 8 kilometers of the Porcupine Destor Fault, which is the key conduit for gold mineralization in the Timmins Gold Camp. There are five known gold zones on the property.
Metals Creek is down 3.57 per cent, trading at $0.14 at 11:12 am ET.
