First Round Of Prospecting On Shabaqua Corners Gold Property


THUNDER BAY - Metals Creek Resources Corp. reported on the initial round of prospecting on its recently acquired Shabaqua Corners property. The property is located within the Shebandowan Greenstone Belt, approximately 54 km west of Thunder Bay, Ontario near Shabaqua Corners. The property has seen very little exploration work. Initial field activities on the Shabaqua Corners Gold Property concentrated on evaluating the previously reported historic gold mineralization that is hosted within an east-west trending zone of mineralization. 24 samples were collected with assays ranging from =0.005 to 42.8 grammes per tonne (g/t) Gold (Au) within strongly altered mafic volcanics. Alteration consists of pervasive iron carbonate with associated quartz carbonate veining and stockwork ranging from 2-30% of the host rock as well as local fuchsite within more sheared areas. Mineralization consists of trace to 10% disseminated to stringer pyrite with local arsenopyrite up to 1%. Very fine visible gold (VG) was noted within samples MAM23-001 and 020. Preliminary interpretation indicates gold mineralization occurs at the contact with mafic volcanics and sediments with associated shearing and iron carbonate alteration.

Prospecting and geological mapping is ongoing with the aim of further delineating known gold mineralization along strike as well as continuing to evaluate other portions of the property for prospective gold bearing parallel structures as demonstrated within other projects within the Shebandowan Greenstone Belt. The project is underlain by mafic volcanics with interbedded sediments. Gold mineralization is hosted within an east-west trending zone of pervasive carbonate alteration with associated quartz carbonate veins and pyrite/arsenopyrite.