Metals Creek Resources Reports 81.75% Silver Recovery in Addition to Previously Reported 92.0% Gold Recovery from Bottle Roll...
26 Febbraio 2014 - 1:30PM
Marketwired
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 - Feb 26, 2014) - 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)
Test No |
Sample ID |
P80 µm |
NaCN g/L |
Measured Ag (g/t) |
Calc. Head Ag (g/t) |
Recovery Ag (%) |
Residue 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)
Test No |
Sample ID |
P80 µm |
NaCN g/L |
Measured Au (g/t) |
Calc. Head Au (g/t) |
Recovery Au (%) |
Residue 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 105µm 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
Metals Creek Resources Corp.Alexander (Sandy) StaresPresident
and
CEO(709)-256-6060(709)-256-6061astares@metalscreek.comwww.MetalsCreek.com
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