Metals Creek Resources Corp.
TSX VENTURE : MEK

Metals Creek Resources Corp.

November 03, 2009 09:00 ET

Metals Creek Resources Corp. Announces Commencement of Drilling on its 100% Owned Staghorn Property

TORONTO, ONTARIO--(Marketwire - Nov. 3, 2009) - Metals Creek Resources Corp. (the "Corporation")(TSX VENTURE:MEK) is pleased to announce the commencement of drilling on its Staghorn Property, approximately 50 Km NE of the former gold producing Hope Brook Mine, Newfoundland.

This drill program will consist of approximately 16 drill holes totaling 1700 meters testing the Woods Lake Gold Zone. The Woods Lake Zone consists of a highly altered (silica, albite and sericite) felsic intrusive with associated quartz stock work and pervasive arsenopyrite and pyrite mineralization. Two historic drill holes across the porphyry style mineralization had intersections of 1.47 g/t gold over 22.5 meters and a second intersection, which collared in the zone, of 0.23g/t gold over 52.9 meters. No other holes have been drilled across the zone which is open in all directions and is defined by an Arsenic and Gold soil anomaly as well as a coincident 1.5 km long magnetic low geophysical response. The upcoming drill program is designed to expand on the two historic intercepts and follow the known mineralization along strike. Assays will be announced as they become available.

Metals Creek would like to acknowledge the Government of Newfoundland and Labrador for providing funding assistance under the JCEAP program which will subsidize approximately 50% of the proposed program.

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 the Metals Creek IR Hub at www.agoracom.com/ir/MetalsCreekResources 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