Metals Creek Resources Corp.
TSX VENTURE : MEK

Metals Creek Resources Corp.

December 03, 2009 08:30 ET

Metals Creek Resources Corp. Announces 1.37 g/t Gold Over 26.31 Meters at Its 100% Owned Staghorn Gold Property and Mobilizes Second Drill to the Property

TORONTO, ONTARIO--(Marketwire - Dec. 3, 2009) - Metals Creek Resources Corp. (the "Corporation") (TSX VENTURE:MEK) is pleased to announce that the Corporation has received assay results from the first two drill holes completed at its 100% owned Staghorn Gold property in SW Newfoundland.

Highlights of the first Two Drill Holes include a down hole intercept of 1.37 g/t gold over 26.31 meters including 6.18 g/t gold over 5.11 meters from drill hole DDH ST09-002. Drill hole DDH ST09-001 returned a down hole intercept of 0.403 g/t gold over 24.86 meters. These first two drill holes are targeting the South Wood Lake Porphyry Gold Zone, which is described as a highly altered (silica, albite and sericite) felsic intrusive with a quartz stock work, and pervasive arsenopyrite and pyrite mineralization. Previous work has defined the porphyry as an approximately 20 to 50 meter wide altered "dyke" with highly anomalous gold and open in all directions. Two historic holes (press release Feb, 24, 2009) has previously been drilled within the South Wood Lake Porphyry.

A second drill rig has been mobilized to the property. Further drill results will be announced as assays are received and compiled by the corporation.

All samples were sent to Eastern Analytical Ltd in Springdale, Newfoundland. These samples were assayed using fire assay with an AA finish. Blanks and reference samples were inserted randomly as part of the Corporations QAQC protocol including the performance of check assays.

Metals Creek is presently carrying out drill programs previously released by the Corporation on both the Staghorn property, described above and its Ogden Township property along the Porcupine-Destor Break in the Timmins Gold Camp. Results will be released from both projects as they become available and compiled.

Michael Macisaac, P. Geo and VP Exploration for the Corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". Metals Creek can earn a 50 % interest in the Ogden Gold Property, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific Porcupine-Destor Fault (PDF) that stretches between Timmins Ontario and Val'Dor Quebec. The Corporation is also engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under the company's profile at www.sedar.com.

Investors are invited to visit www.agoracom.com/ir/MetalsCreekResources, the Metals Creek IR Hub at where they can post questions and receive answers or review messages already posted by other investors. Alternatively, investors are able to e-mail all questions and correspondence to MEK@agoracom.com where they can also request to be added to the investor e-mail list in order to receive all future press releases and updates in real time.

"Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release."

Contact Information

  • Metals Creek Resources Corp.
    Alexander (Sandy) Stares
    President and CEO
    (709)-256-6060
    (709)-256-6061 (FAX)
    astares@metalscreek.com