Metals Creek Resources Provides Update on its 100% Owned Feagan Lake Graphite Project
09 April 2014 - 9:29PM
Access Wire
TORONTO, ONTARIO / ACCESSWIRE / April 09, 2014 / Metals Creek
Resources Corp. ("Metals Creek" or "the Company") (TSXV-MEK)
reports that the company has submitted for approval to Ontario's
Ministry of Northern Development and Mines, the required permits
for line cutting, ground geophysics and diamond drilling on its
recently staked, 100% owned Feagan Lake Graphite property which is
located approximately 7 km due west of Zenyatta's hydrothermal
graphite discovery.
These permits will allow for the company to proceed with
exploration work on the new electromagnetic (EM) conductive
responses detected by the VTEM plus time domain system which was
recently flown on the property. Results from this survey led to the
discovery of several new exploration targets exhibiting similar
features to that of Zenyatta's hydrothermal graphite discovery. One
of the EM responses in particular returned a strong conductive
response on all channels within an associated magnetic low.
The Feagan Lake claim block consists of 12 claims totaling 175
claim units and is located immediately west and adjacent to
Zenyatta's claim block. To the best of management's knowledge this
is the first ever airborne for EM conductors flown over the project
area making this a brand new discovery demonstrating the potential
for the area to host additional graphite mineralization.
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
fax: (709)-256-6061
email: astares@metalscreek.com
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
SOURCE: Metals Creek Resources Corp.
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