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Metals Creek (TSXV:MEK) reports significant gold mineralization at Dona Lake

Mining
TSXV:MEK
05 July 2021 16:30 (EDT)

Metals Creek Resources Corp. (MEK) has released results from one hole of its drill program at the Dona Lake Gold project.

The hole was drilled during phase II of the company’s diamond drill program and intersected the Main Zone at approximately 427 metres below surface.

Drilling returned a core length intercept of 13.1 grammes per ton gold over 2.0 meters, part of a broader mineralized zone of 4.08 g/t gold over 20.85 metres.

The intercept came from an area south of the mine workings between the 360 and 455 level. Drilling has also successfully continued to delineate high grade mineralization below the 455 level.

Alexander Stares, president and CEO of Metals Creek, commented on the results.

“Drilling at Dona Lake continues to further define high grade gold mineralization remaining outside of the mine workings above the 455 level,” he remarked, “as well as extending the mine stratigraphy down plunge below the 455 level, which was the lowest most development at the Dona Lake mine.”

Future drilling will continue to target the down plunge extension of the mine stratigraphy in addition to testing any high-grade mineralization north of the mine workings.

“This drill program,” said Mr. Stares, “is now completed with results still pending which will be released once they are received and compiled.”

Metals Creek optioned the Dona Lake Gold project from Newmont Corporation in 2019. The project is located in the Pickle Lake Greenstone Belt and consists of approximately 1,122 hectares covering the historic Dona Lake Mine.

Metals Creek Resources is a junior exploration company engaged in the exploration of mineral resource properties.

Metals Creek Resources (MEK) is down 10.0 per cent, trading at $0.18 per share as of 2:49 pm ET.

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