May 5 2016
Metals Creek Resources Corp. (the "Company") is pleased to report that the Company has resumed drilling on the Ogden Gold Project in Timmins Ontario.
The Ogden claims cover eight kilometers of strike length of the Porcupine-Destor Fault between Goldcorp's 16.5 million oz Dome Mine and Tahoe Resources West Timmins Mine. The Property is held under a joint venture in which Metals Creek owns 50%, 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.) with MEK being the operator of the project.
In a News Release dated 04 March, 2016, The Company announced a step-out hole (OG16-040) that has demonstrated the presence of high grade gold mineralization west of the Thomas Ogden Zone (TOZ). As a result of this discovery, management has revised the previously announced 3500 meter program (See news release dated April 26 2016) to include additional holes in the Thomas Ogden West stratigraphy which remains untested for an additional 1 kilometer west of hole OG16-040 which includes a 500m untested Induced Polarization (IP) geophysical anomaly. The geophysical signature of this untested anomaly has similar characteristics to that of the Thomas Ogden Zone. Other than an historic hole on the same section as OG16-040, the Thomas Ogden West stratigraphy remains untested for an additional 1.5 kilometers west of TOZ. Approximately 1700 meters of the initially planned 3500 meters of drilling have been completed to date.
Michael MacIsaac, P.Geo and VP Exploration for the Company 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.