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Be the first with the news that moves the market- Metals Creek Resources (MEK) has begun a diamond drilling campaign at its Dona Lake Gold Project in northwest Ontario
- Exploration permits have been received for a 1,200-metre program, which will include two shallow holes
- These will aim to confirm the continuity of gold mineralisation at the Main Zone and B Zone areas below the lower levels of the mines
- A prospecting program will also be continued to follow up on targets identified in a recent airborne geophysical survey
- Metals Creek Resources (MEK) is currently up 8.33 per cent and is trading at C$0.065 per share
Metals Creek Resources (MEK) has begun a diamond drilling campaign at its Dona Lake Gold Project in northwest Ontario.
Located within the Pickle Lake Gold Camp, the project was optioned from Newmont Corporation pursuant to an agreement dated June 13, 2019. It sits on the Pickle Lake Greenstone Belt, which is also host to a number of historic mines, including the Dona Lake mine, the Central Patricia mine and the Pickle Crow mine.
The property is comprised of 32 patented and leased mining claims, as well as 35 map staked claims, totalling 1,063 hectares.
Exploration permits for the exploration work have now been received for an initial 1,200 metre program. Two shallow holes have been schedule, which will aim to confirm the continuity of gold mineralisation at the Main Zone and B Zone below the lower most levels of the mine.
According to previous compilation work that evaluated historical data at the Dona Lake Project, the deepest hole to date was drilled to a depth of roughly 100 metres below the operations of the Main Zone. This hole returned an intercept of 4.36 grams per tonne of gold over 21.08 metres.
The B Zone was partially drilled off, but was the subject of limited testing. It remains open at depth and is defined as a steeply plunging zone, which previously returned 14.17 grams per tonne of gold over 15.31 metres and 9.9 grams per tonne of gold over 10.6 metres.
In addition to the drilling work, Metals Creek intends to continue with a prospecting program that will follow up on targets that were identified during a recent airborne geophysical survey.
The company is also planning an in-depth soil survey that will focus on more peripheral targets.
Metals Creek Resources (MEK) is up 8.33 per cent and is trading at C$0.065 per share at 12:06pm EDT.
