Welcome!

News Feed Item

Metals Creek Resources Reports 81.75% Silver Recovery in Addition to Previously Reported 92.0% Gold Recovery from Bottle Roll Tests Completed on Samples from Squid East Project, Yukon

TORONTO, ONTARIO -- (Marketwired) -- 02/26/14 -- Metals Creek Resources Corp. (TSX VENTURE:MEK) (the "Company" or "Metals Creek") reports silver results from bottle roll cyanide extraction test work, reporting an average of 81.75% silver recovery from drill core and trench samples at the Squid East project. Previously, Metals Creek reported bottle roll tests averaging 92% gold recovery from the same zone. (See news release dated 14 January 2014).

The analysis was carried out to provide preliminary metallurgical information on MEK's new gold-silver discovery located in west central Yukon. This new discovery included values of 1.96 grammes per tonne (g/t) gold and 160.6 g/t Ag over 22.0 meters from trenching and 1.55 g/t gold and 114.1 g/t Ag over 21.0 m from subsequent drilling (see MEK press releases dated August 6, 2013 and October 8, 2013). The recent precious metal results enhances the potential of the zone and the possibility for a near surface bulk tonnage gold/silver system. The mineralized zone is characterized as a highly weathered sericite schist with associated porphyritic sections and remains completely open both along strike and down dip. Additionally, the thickness of the zone has not been ascertained as the three holes which intersected the zone all collared in mineralization. This new discovery, located in the northwest extension of the White Gold District, is within the unglaciated portion of the Yukon, proximal to an existing placer mine and trail accessible.

The silver results, reported here, were obtained from four samples collected from drill core and channel samples. The bottle roll cyanidation process confirmed that the silver recovery in these samples averaged 81.75% indicating that the weathered material could potentially react well to leach extraction methods. Silver recoveries for these four samples ranged from 60.6 to 92.6% and averaged 81.75%. Silver grades for these four samples ranged from 53.7 g/t to 158 g/t. Table 1, below, details the silver results.

Table 1. Bottle Roll Cyanidation Performance (Silver)


---------------------------------------------------------------------------
                        P80                        Calc.                   
Test                  micro-  NaCN   Measured      Head  Recovery   Residue
No     Sample ID     meters    g/L    Ag (g/t)  Ag (g/t)    Ag (%)  Ag (g/t)
---------------------------------------------------------------------------
C7     1308705           95    1.0        138     163.5      89.7      16.9
---------------------------------------------------------------------------
C8     SE13-01-006      182    1.0       53.7      51.5      60.6      20.3
---------------------------------------------------------------------------
C9     SE13-02-005      174    1.0       81.6      80.5      84.1      13.0
---------------------------------------------------------------------------
C10    SE13-02-015       96    1.0        158     161.8      92.6      12.0
---------------------------------------------------------------------------

In a news release dated 14 January 2014, Metals Creek reported gold recoveries for six samples which ranged from 83.8 to 95.7% and averaged 92% overall. Gold grades for these six samples ranged from 0.71 grammes per tonne (g/t) Au to 9.99 g/t Au. The following table details those results.

Table 2. Bottle Roll Cyanidation Performance (Gold)


---------------------------------------------------------------------------
                        P80                        Calc.                   
Test                  micro-  NaCN   Measured      Head  Recovery   Residue
No     Sample ID     meters    g/L    Au (g/t)  Au (g/t)    Au (%)  Au (g/t)
---------------------------------------------------------------------------
C1     1308701           80    1.0       8.55      8.18      95.7      0.35
---------------------------------------------------------------------------
C2     1308707           89    1.0       2.53      2.76      91.0      0.25
---------------------------------------------------------------------------
C3     SE13-001-005      86    1.0       1.95      1.98      93.2      0.14
---------------------------------------------------------------------------
C4     SE13-002-007     106    1.0       0.71      0.68      83.8      0.11
---------------------------------------------------------------------------
C5     SE13-002-008     103    1.0       9.99      8.36      95.1      0.41
---------------------------------------------------------------------------
C6     SE13-002-013     101    1.0       1.76      1.58      93.4      0.11
---------------------------------------------------------------------------

Alexander (Sandy) Stares, President & CEO of Metals Creek Resources, stated, "We are highly encouraged with the precious metal recoveries obtained from the strongly weathered host rock at Squid East. These positive results help enhance the potential of the mineralization and reinforce management's high regard for the project."

Michael MacIsaac, P.Geo., and VP Exploration for the Corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.

The samples were comprised of reject material from the above noted core and channel samples which were delivered to Inspectorate Exploration & Mining Services Ltd. of Vancouver, B.C. The silver assays were obtained utilizing a standard fire assay with an atomic absorption finish. The bottle roll cyanidation process entailed grinding to 105 micrometers and leaching for 72 hours at 40 wt% solids in 1.0 g/L NaCN based on a 300g sample size.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". The Ogden Property is held under a joint venture in which Metals Creek owns 50% and is the operator, and Goldcorp Canada Ltd. ("Goldcorp") owns 50% (as manager and on behalf of the Porcupine Joint Venture, a joint venture between Goldcorp Inc. and Goldcorp Canada Ltd.) and is located 6 km south of Timmins, Ontario. Metals Creek also holds approximately 15% interest in Sokoman Iron Corp. (TSX VENTURE:SIC). The Corporation has also recently made a new gold/silver discovery in the "White Gold District" on the Squid East project in the Yukon. Metals Creek is engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario, Yukon and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

MetalsCreek.com

Twitter.com/MetalsCreekRes

Facebook.com/MetalsCreek

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

Latest Stories
"There's a growing demand from users for things to be faster. When you think about all the transactions or interactions users will have with your product and everything that is between those transactions and interactions - what drives us at Catchpoint Systems is the idea to measure that and to analyze it," explained Leo Vasiliou, Director of Web Performance Engineering at Catchpoint Systems, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York Ci...
The 20th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held June 6-8, 2017, at the Javits Center in New York City, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Containers, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportunity. Submit your speaking proposal ...
WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web communications world. The 6th WebRTC Summit continues our tradition of delivering the latest and greatest presentations within the world of WebRTC. Topics include voice calling, video chat, P2P file sharing, and use cases that have already leveraged the power and convenience of WebRTC.
DevOps is being widely accepted (if not fully adopted) as essential in enterprise IT. But as Enterprise DevOps gains maturity, expands scope, and increases velocity, the need for data-driven decisions across teams becomes more acute. DevOps teams in any modern business must wrangle the ‘digital exhaust’ from the delivery toolchain, "pervasive" and "cognitive" computing, APIs and services, mobile devices and applications, the Internet of Things, and now even blockchain. In this power panel at @...
20th Cloud Expo, taking place June 6-8, 2017, at the Javits Center in New York City, NY, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy.
Discover top technologies and tools all under one roof at April 24–28, 2017, at the Westin San Diego in San Diego, CA. Explore the Mobile Dev + Test and IoT Dev + Test Expo and enjoy all of these unique opportunities: The latest solutions, technologies, and tools in mobile or IoT software development and testing. Meet one-on-one with representatives from some of today's most innovative organizations
SYS-CON Events announced today that Super Micro Computer, Inc., a global leader in Embedded and IoT solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 7-9, 2017, at the Javits Center in New York City, NY. Supermicro (NASDAQ: SMCI), the leading innovator in high-performance, high-efficiency server technology, is a premier provider of advanced server Building Block Solutions® for Data Center, Cloud Computing, Enterprise IT, Hadoop/Big Data, HPC and E...
@DevOpsSummit taking place June 6-8, 2017 at Javits Center, New York City, is co-located with the 20th International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @DevOpsSummit at Cloud Expo New York Call for Papers is now open.
“DevOps is really about the business. The business is under pressure today, competitively in the marketplace to respond to the expectations of the customer. The business is driving IT and the problem is that IT isn't responding fast enough," explained Mark Levy, Senior Product Marketing Manager at Serena Software, in this SYS-CON.tv interview at DevOps Summit, held Nov 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA.
SYS-CON Events announced today that Catchpoint Systems, Inc., a provider of innovative web and infrastructure monitoring solutions, has been named “Silver Sponsor” of SYS-CON's DevOps Summit at 18th Cloud Expo New York, which will take place June 7-9, 2016, at the Javits Center in New York City, NY. Catchpoint is a leading Digital Performance Analytics company that provides unparalleled insight into customer-critical services to help consistently deliver an amazing customer experience. Designed ...
More and more brands have jumped on the IoT bandwagon. We have an excess of wearables – activity trackers, smartwatches, smart glasses and sneakers, and more that track seemingly endless datapoints. However, most consumers have no idea what “IoT” means. Creating more wearables that track data shouldn't be the aim of brands; delivering meaningful, tangible relevance to their users should be. We're in a period in which the IoT pendulum is still swinging. Initially, it swung toward "smart for smart...
The WebRTC Summit New York, to be held June 6-8, 2017, at the Javits Center in New York City, NY, announces that its Call for Papers is now open. Topics include all aspects of improving IT delivery by eliminating waste through automated business models leveraging cloud technologies. WebRTC Summit is co-located with 20th International Cloud Expo and @ThingsExpo. WebRTC is the future of browser-to-browser communications, and continues to make inroads into the traditional, difficult, plug-in web co...
"A lot of times people will come to us and have a very diverse set of requirements or very customized need and we'll help them to implement it in a fashion that you can't just buy off of the shelf," explained Nick Rose, CTO of Enzu, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Buzzword alert: Microservices and IoT at a DevOps conference? What could possibly go wrong? In this Power Panel at DevOps Summit, moderated by Jason Bloomberg, the leading expert on architecting agility for the enterprise and president of Intellyx, panelists peeled away the buzz and discuss the important architectural principles behind implementing IoT solutions for the enterprise. As remote IoT devices and sensors become increasingly intelligent, they become part of our distributed cloud enviro...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex softw...