Metals Creek Resources Corp.
TSX VENTURE : MEK

Metals Creek Resources Corp.

December 14, 2011 09:00 ET

Metals Creek Resources Corp. Discovers Two New Gold Zones at Jackson's Arm, Newfoundland

TORONTO, ONTARIO--(Marketwire - Dec. 14, 2011) - Metals Creek Resources Corp. (the "Corporation") (TSX VENTURE:MEK) is pleased to announce assay results from an ongoing prospecting program on its 100% owned Jackson's Arm property in Newfoundland. The Jackson's Arm property consists of 188 staked claim units totaling 4700 hectares, located on the western side of White Bay. The property is proximal to excellent infrastructure including a paved road and power line.

Exploration at Jackson's Arm has identified two new zones of gold mineralization. The Shrik Zone is located approximately 100 meters north of the initial discovery (Boot n Hammer Zone), and is described as quartz veins, up to 4 meters wide, and stringers within an altered granodiorite. The mineralization consists of 2 -10% disseminated pyrite within both the quartz vein material and the granodiorite intrusion. Assays range from 5ppb (parts per billion) to 7,290 ppb gold with 45 percent of the 22 samples taken assaying greater than 500 ppb with the majority of the better assays occurring within the quartz veins and stock work. A third new zone (The Stocker Zone) is located approximately 400 meters south of the Boot n Hammer zone and is described as a large zone of quartz flooding (95 meters by 35 meters)with 1-10% disseminated pyrite. Assays from the Stocker Zone range from 5ppb to 56,779 ppb with 58 percent of the 38 samples taken assaying greater than 1300 ppb. Prospecting and sampling is continuing on the claims and a soil sampling survey has been initiated. Results will be released as they are received and compiled. A large portion of the granodiorite intrusion remains largely unexplored.

In addition the company reports it has received the ICP data from the Boot n Hammer Zone with silver (Ag) analysis ranging from 0.2 ppm up to 170ppm (170 g/t) silver.

The surface grab samples mentioned in this news release are selective by nature and are unlikely to represent average grades on the property.

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-d'Or, 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.

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
    www.metalscreek.com

    MI3
    Neil Murray-Lyon
    (514)-904-1333 or (514)-947-4847

    MI3
    Ben Sherman
    (514)-904-1333 or (514)-835-1781