- Metals Creek Resources (MEK) is preparing for a geochemical soil sampling program at its Ogden gold project in Timmins, Ontario
- Spaciotemporal Geochemical Hydrocarbon (SGH) soil sampling will enable the company to identify areas of potential gold mineralisation within underlying bedrock
- The Ogden project is currently held under a joint venture with Newmont Corporation
- Soil sampling is expected to begin in September this year and take roughly two weeks to complete
- Metals Creek Resources (MEK) is currently down 5.56 per cent and is trading at C$0.085 per share
Metals Creek Resources (MEK) is preparing for a geochemical soil sampling program at its Ogden gold project in Timmins, Ontario.
The property is held under a joint venture with Newmont Corporation, pursuant to which both companies own a 50 per cent stake, with Metals Creek acting as the operator of the project.
Located in the Ogden township, the project covers more than eight kilometres of strike length along the Porcupine-Destor Break. It sits between Newmont’s Dome Mine, which has produced a total of 16.5 million ounces of gold, and Pan American Silver’s West Timmins Mine.
Unlike other projects within the Timmins Gold Camp, a significant portion of the Porcupine-Destor Break on the Ogden property is considered to be largely under-explored.
Metals Creek intends to make use of a new exploration targeting technique known as Spaciotemporal Geochemical Hydrocarbon (SGH) soil sampling. This will allow the company to assess the underneath of a pervasive overburden coverage that sits on the western four kilometres of the property.
The survey will subsequently enable Metals Creek to target regions along the Porcupine-Destor Break, which is the key conduit for gold mineralisation in the Timmins Gold Camp.
SGH sampling will also be undertaken between Naybob South and the Thomas Ogden Zone, which extends roughly 3 kilometres and exhibits significant folding, according to the limited available drill data. This region also has pervasive overburden coverage.
Previous exploration activities at the Ogden project have yielded significant results, with previous drill intercepts returning 210.19 grams per tonne of gold over 12.53 metres, including 2,732.64 grams per tonne of gold within 0.93 metres.
The SGH sampling program is expected to commence in early September this year and take roughly two weeks to complete.
Metals Creek Resources (MEK) is currently down 5.56 per cent and is trading at C$0.085 per share at 12:40pm EDT.