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Be the first with the news that moves the market- Metals Creek Resources Corp. (MEK) reported that General Copper Gold Corp. has terminated its agreement to acquire the Clark’s Brook Property
- The Clark’s Brook Property, which is located in central Newfoundland, 25 kilometres west of Glenwood, was originally staked in 2016 to cover two untested gold showings
- Limited drill testing subsequent to the property acquisition had significant results up to 1.004 g/t Au over 25.8 m and 26.878 g/t Au over 0.25m
- Metals Creek Resources Corp. is a junior exploration company
- Metals Creek Resources Corp. is unchanged, trading at $0.055 at 1:46 pm ET
Metals Creek Resources (MEK) has reported that General Copper Gold has terminated its agreement to acquire the Clark’s Brook Property.
The Clark’s Brook Property is in central Newfoundland.
The Clark’s Brook Property, which is located in central Newfoundland, 25 kilometres west of Glenwood, was originally staked in 2016 to cover two untested gold showings.
Limited drill testing subsequent to the property acquisition had significant results up to 1.004 g/t Au over 25.8 m and 26.878 g/t Au over 0.25m.
The 100-per-cent owned property consists of 31 claim units (7.7 sq. km.), surrounded by New Found Gold’s Queensway Project.
The property had been previously optioned to Sokoman Minerals Corp. in 2017, 2018, and 2019 who completed ten holes testing the gold zones. Results include numerous gold intersections.
In addition to Sokoman’s drilling, General Copper Gold Corp. drilled four diamond drill holes in 2021.
MEK is currently awaiting the data from these 4 holes from General Copper Gold. Once received, MEK will complete a full compilation of the drill data, including a 3D model of the gold mineralization.
Once completed, MEK will look for a partner to continue drill testing the widespread gold mineralization.
Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario and is a reporting issuer in Alberta, British Columbia and Ontario.
Metals Creek Resources Corp. was unchanged, trading at $0.055 at 1:46 pm ET.
