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Metals Creek (TSXV:MEK) acquires property in the Shebandowan Greenstone Belt

Market News, Mining
TSXV:MEK
21 February 2023 11:45 (EDT)
Metals Creek Resources - CEO, Alexander (Sandy) Stares

Source: YouTube

Metals Creek Resources (MEK) has acquired five claim units within the Thunder Bay Mining District.

The 0.33 sq km property is located within the Shebandowan Greenstone Belt, 52 km west of Thunder Bay, Ontario. These five claim units are west of and along the main gold trend, which hosts the Eureka Gold Prospect under Delta Resources Ltd. (TSXV:DLTA) with a recent high-grade drill intercept of 5.92 g/t gold (Au) over 31.0 metres.

The company is planning a prospecting program this coming spring as well as applying for the necessary permits, including drilling and geophysics.

Metals Creek intends to issue 300,000 shares for 100 per cent ownership of the property, subject to a two per cent net smelter return, the company can purchase one half at any time for $1,000,000.

Metals Creek is a junior exploration company with multiple projects throughout Ontario, Alberta, and British Columbia.

Metals Creek Resources Corp. (MEK) is unchanged, trading at $0.035 per share as of 11:45 a.m. ET.


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