Metals Creek Intersects 9.46 g/t Gold Over 18.55 Meters, at the Thomas Ogden Zone in Timmins, Ontario
Metals Creek Resources Corp. (TSX VENTURE: MEK) (the "Corporation") is pleased to report assay results from its drill program completed last fall on the Ogden Gold Project in Timmins, Ontario. The program consisted of four holes targeted on the Thomas Ogden Zone (TOG) and was designed to test the western extent of gold mineralization and better define known fold structures hosting TOG mineralization which are thought to be an important control on the location of the high grade gold mineralization.
9.46 grammes per tonne (g/t) gold over 18.55 meters in hole TOG 12-07, including 23.22 g/t gold over 6.65 meters.
The program was successful in extending gold mineralization down dip as well as better defining the orientation of known fold structures. In particular, hole TOG-12-07, returned a high grade intercept of 6.65 meters grading 23.22(grams per tonne) g/t gold from a down hole depth of 167.35m. This intercept was a part of a broader zone of gold mineralization which assayed 9.46 g/t gold over 18.55m, and is described as a strongly altered sedimentary and porphyry unit with associated pyrite, arsenopyrite and strong silicification with impressive visible gold. TOG-12-07 was drilled 20 m beneath hole TOG-12-05 which had a previously reported intersection of 5.04 g/t gold over 15 m (see MEK press release dated May 15, 2012)
The other three holes were also successful in tracing the near surface gold mineralization within the TOG zone further to the west with hole TOG-12-09 returning 1.30 g/t gold over 25.00 m (from an area with visible gold)and hole TOG-12-10 returning 2.25 g/t gold over 12.95 m. Drilling continues to confirm the continuity of the Thomas Ogden Zone down dip and along strike, as well as providing a better understanding of the complex structural nature of the Thomas Ogden Zone with what appears to be a strong spatial relationship of higher gold grades in close proximity to geological flexures.The next phase of drilling is slated to begin in February 2013. The details of the assay results from the latest drilling are tabulated below: