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Metals Creek Resources Corp. Acquires PGE Claims In The River Valley Area of Ontario Through Staking

Jan 28, 2020

Toronto, Ontario--(Newsfile Corp. - January 28, 2020) - Metals Creek Resources Corp. (TSXV: MEK) (OTC: MCREF) (Metals Creek or the "company") is pleased to announce that the company has acquired through staking a 100% interest in 20 claim units totaling 500 hectares, in the River Valley area of Ontario. The newly acquired claims are located in Crerar Township approximately 70km east of Sudbury, and approximately 4.5 km west of the town of River Valley, Ontario. Year-round access to the property from Sudbury is available via Highway 17 to Warren, and Highway 539 to River Valley.

New Age Metals' River Valley PGM Project is located 12 km north northwest of the claims with a June 2019 measured and indicated resource estimate of 99,255,200 tonnes @ 0.52g/t Pd (see New Age Metals news release dated June 27, 2019). Like that of the River Valley deposit, the claims are located within the layered River Valley Intrusion. 

Anomalous PGE concentrations were encountered in 4 diamond drill holes located on the recently staked claims. Hole MRS-01-6 intersected 0.57 grammes per tonne (g/t) 3PGE (platinum + palladium + gold) over 7 meters (m) and 1.13 g/t over 5 m including 2.78 g/t over 1.5 m. MRS-01-7 returned 0.60 g/t over 3m. MRS-01-9 and MRS-01-10 returned grades of 0.58 g/t over 3 m and 0.51 g/t over 9 m respectively.

(Source: ontario.mndm.gov.on.ca/mndmfiles/afri/data/records/41I09NE2026.html)

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