Metals Creek completes Airborne Geophysics on Feagan Lake Graphite Propertyadmin
Toronto / ACCESSWIRE / March 17, 2014. Metals Creek Resources (TSXV: “MEK“) announces that it has completed a VTEM plus time–domain electromagnetic and magnetic survey on its 100% owned Feagan Lake Graphite Project. The survey was conducted by Aeroquest Airborne of Aurora, Ontario.
Feagan Lake is located adjacent to and west of Zenyatta Ventures Ltd. who recently discovered vein–type graphite (hydrothermal) mineralization while testing electromagnetic (EM) targets. This new discovery by Zenyatta Ventures, describes this project as the largest and only “High Purity” (hydrothermal) GRAPHITE Deposit being developed in the World (www.zenyatta.ca). The mineralization has been described as graphite occurring in breccia pipes with a granitic matrix.
The Feagan Lake Project consists of 10 claims totaling 148 claim units adjacent to and west of Zenyatta‘s Albany graphite project. The VTEM plus system targeted identified magnetic lows to determine if there are any strong electromagnetic conductive responses indicating the potential to host a possible hydrothermal graphite deposit. Results of the Airborne Geophysics Survey will be announced once the data has been received and interpreted.
Michael MacIsaac, P. Geo, 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 a junior exploration company 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“. The Ogden Property is held under a joint venture in which Metals Creek owns 50% and is the operator, and Goldcorp Canada Ltd. (“Goldcorp“) owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) and is located 6 km south of Timmins, Ontario. Metals Creek also holds approximately 15% interest in Sokoman Iron Corp. (TSX–V SIC). The Corporation has also recently made a new gold/silver discovery in the “White Gold District“ on the Squid East project in the Yukon. Metals Creek is engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.
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.
Alexander (Sandy) Stares, President and CEO Metals Creek Resources Corp telephone: (709)–256–6060
Posted: March 17th, 2014 under ACCESSWIRE.