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Metals Creek (TSXV:MEK) reports results from phase 3 drilling at Dona Lake

Mining
TSXV:MEK
18 January 2022 15:45 (EDT)
Metals Creek Resources - CEO, Alexander (Sandy) Stares

Source: YouTube

Metals Creek Resources (MEK) has announced results for two new drill holes from phase three drilling at Dona Lake.

Drilling to date has successfully extended high-grade gold mineralization 151m below the lowermost mine working.

Drill hole DL21-019 intersected the Main Zone at approximately 424 metres below surface and returned a core length intercept of 6.0 g/t gold over 4.75 meters. This was a part of a broader zone of mineralization of 3.0 g/t gold over 24.5 metres.

Hole DL21-018 intersected the Main Zone at approximately 505 metres below surface and returned a core length intercept of 1.3 g/t gold over 11.50 meters.

Drilling is ongoing and will continue to target the down plunge extension of the mine as well as test peripheral targets which include the North West Zone and the East Iron Formation.

Alexander (Sandy) Stares, President and CEO of Metals Creek, commented on the phase three drill program.

“Drilling at Dona Lake has restarted after the Christmas break and will continue to test the high-grade gold mineralization within Main Zone stratigraphy at depth below current drilling,” he said.

“The company is awaiting data from the recently completed Magnetotellurics (MT) geophysical survey,” added Mr. Stares. “Once the data is received and compiled, this will significantly aide in the target generation process targeting areas of enhanced conductivity within the Main Zone Iron Formation at depth.”

Metals Creek is also waiting on final results from its recently completed six-hole drill program at the Ogden Gold Project. Results are expected soon and will be released once received and compiled.

Metals Creek Resources is a junior exploration company with projects in Ontario and Newfoundland. Its projects include Flint Lake, Ogden, Dona, and others.

Shares in Metals Creek (MEK) are up 4.88 per cent, trading at $0.215 per share as of 2:48 pm EST.

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