Metals Creek Resources Reports 81.75 % Silver Recovery in Addition to Previously Reported 92.0 % Gold Recovery from Bottle Ro...
26 Febbraio 2014 - 1:30PM
Access Wire
Toronto, Ontario, February 26, 2014 - Metals
Creek Resources Corp. (the "Company" or
"Metals Creek") (TSXV: MEK) 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 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)
-----------------------------------------------------------------
|TestNo|SampleID |P80|NaCN|Measured|Calc.Head|Recovery|Residue|
| | |µm |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)
------------------------------------------------------------------
|TestNo|SampleID |P80|NaCN|Measured|Calc.Head|Recovery|Residue|
| | |µm |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
105um 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-V 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.
Alexander (Sandy) Stares, President and
CEO
Metals Creek Resources Corp
telephone: (709) 256 6060
fax: (709) 256 6061
email: astares@metalscreek.com
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
Grafico Azioni Metals Creek Resources (TSXV:MEK)
Storico
Da Gen 2025 a Feb 2025
Grafico Azioni Metals Creek Resources (TSXV:MEK)
Storico
Da Feb 2024 a Feb 2025