• Metals Creek Resources (MEK) has acquired 298 claim units (7,450 hectares) in the Central Newfoundland Gold Belt
  • The River Road Property is located approximately 39.5 km southwest of Newfound Golds Keats Zone
  • Metals Creek plans to evaluate the property thru prospecting and soil sampling geochemistry during the upcoming weeks
  • Metals Creek Resources Corp. is a junior exploration company
  • Metals Creek Resources Corp. opened trading at C$0.145 per share

Metals Creek Resources (MEK) has acquired thru staking, 298 claim units (7,450 hectares) in 4 licenses in the Central Newfoundland Gold Belt.

The property (River Road Property) is located approximately 39.5 km southwest of Newfound Golds Keats Zone and 4.5 km northwest of the Beaver Brook Antimony mine. (Figure 1).

Figure 1

The property is easily accessible by forestry logging roads and the new Nalcor Transmission Line transects the property.

The River Road Property has seen very little exploration work and Metals Creek plans to evaluate the property thru prospecting and soil sampling geochemistry during the upcoming weeks. Metals Creek is currently applying for permits for this work.

The company also announces that drilling is ongoing at the Dona Lake project and drill results will be released once results are received and compiled.

Metals Creek Resources Corp. is a junior exploration company. Metals Creek has a 50% interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF). In addition, Metals Creek has signed an agreement with Newmont Corporation, where Metals Creek can earn a 100% interest in the past-producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.

Metals Creek Resources Corp. opened trading at C$0.145 per share.

More From The Market Online

Microcap Star Diamond releases robust diamond valuation

Star Diamond (TSX:DIAM), a microcap mining stock, releases a prospective diamond valuation for three major kimberlite units in Saskatchewan.
The Market Online Video

High-quality lithium projects in Argentina with drilling underway

Argentina Lithium & Energy (TSXV:LIT) is focused on acquiring high-quality lithium projects and advancing them towards production.

Northstar Gold surveys large potential copper resource extension

Northstar Gold (CSE:NSG) defines a large, near-surface electromagnetic conductor southeast of its Cam Copper Mine in Ontario.

Fortune Minerals receives funding for NICO project development

Fortune Minerals (TSX:FT) receives funding from the U.S. Department of Defense to advance its NICO project.