Home > News > Metals Creek signs contract...

Metals Creek signs contract for drilling At Dona Lake

Oct 5, 2020


Metals Creek Resources Corp. has engaged M3 Drilling to conduct a minimum 2500 meter drill program on the Dona Lake Gold Project near Pickle Lake. This drill program is expected to commence during the latter part of October once the drill becomes available. An announcement will be made once drilling has commenced.

This upcoming program will be designed to further test for gold mineralization immediately south of the Dona Lake mine including both the Main and B-Zone mineralized horizons. Deeper drilling will also take place further evaluating the continuation of gold mineralization below the lower most level (455L) of the Dona Lake mine. A part of this deeper drilling will be to test for gold mineralization below hole DL20-03 (See MEK news release September 15, 2020) which intercepted mineralization at 500m vertically below surface.

On June 12, 2019 Metals Creek Resources Corp. (TSXV: MEK) announced it had signed an option agreement with Newmont Corporation in which Metals Creek can earn a one hundred percent interest in the Dona Lake Gold Property located in Pickle Lake mining district, 9 km southeast of the town of Pickle Lake, Northwestern Ontario The Project consists of 32 patented and leased mining claims and 35 map staked claims totaling approximately 1,063 hectares and covers the past producing Dona Lake Mine. The Dona Lake Mine, an underground operation from 1989 to 1994 produced 246,500 ounces of gold at a grade of 7.44 grams per tonne (Source: 2015 Institute of Lake Superior Geology Fieldtrip Guidebook). In 1994, when the mine closed, the average gold price was approximately $383.23 (US) per ounce. (Source; http://onlygold.com/Info/Historical-Gold-Prices.asp). The Pickle Lake Greenstone Belt is host to several historic mines including the Dona Lake mine, the Central Patricia mine and the Pickle Crow mine. Dona Lake is accessible by an all-weather road southeast from the Town of Pickle Lake.

On July 8, 2020 Metals Creek announced that they had commenced drilling on the Dona Lake Project. They drilled 3 holes totaling 1411 meters, two shallow holes to test the Main Zone and B Zone and a deep hole to confirm the continuation of gold mineralization below the lower most level of the mine (455 level). 

Hole DL20-001 was collared to test the continuation of gold mineralization south of the Dona Lake mine at 121m level below surface. The Main Zone returned a core length intercept of 4.53 grams per tonne (g/t) Gold (Au) over 1 meter (m) (139.00-140.00m). Mineralization consisted of 1 to 2% disseminated pyrrhotite with associated strong silicification and quartz veining.

Hole DL20-002 was collared to test the continuation of gold mineralization immediately south of Dona Lake mine workings at approximately 220m below surface. The first zone, which is interpreted to be the Main Zone, returned a core length intercept of 8.45 g/t Au over 3.15 m (254.85-259.00m). This intercept was a part of a broader zone of mineralization returning a core length intercept of 5.67 g/t Au over 5.15m (254.85-260.00m). Mineralization is hosted within silicate-sulfide iron formation and characterized by stringer to semi-massive pyrrhotite ranging from 3 to 40% with local pyrite and magnetite. Alteration includes strong silicification with associated quartz veining and locally moderate to strong grunerite, garnet and biotite in conjunction with strong folding.

A second zone of mineralization further down hole returned a core length intercept of 2.34 g/t Au over 9.2m (278.60-287.80m). Mineralization is hosted within silicate-sulfide iron formation with 1 to 6% disseminated to stringer pyrrhotite as well as trace to 1 percent pyrite and local magnetite. Alteration consists of strong silicification with quartz veining and local biotite, garnet and grunerite. This second zone of mineralization is interpreted to B-Zone.



Tags: Northern Ontario / Exploration / Gold / All Articles