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Metals Creek Resources Corp. (TSXV:MEK) announced preliminary assay results from its joint venture partner Golden Dory Resources Corp. (TSXV:GDR) at the Gabbro Lake iron ore project.
Metals Creek Resources Corp. (TSXV:MEK) announced preliminary assay results from its joint venture partner Golden Dory Resources Corp. (TSXV:GDR) at the Gabbro Lake iron ore project.
As quoted in the press release:
All holes drilled to date tested various magnetic highs within the 2.0 by 2.2 kilometre Anomaly D target area in the south-central portion of the property where the Company postulates potential for finding higher grade zones of iron ore. A number of large sub-crop and boulders of relatively non-magnetic hematite rich mineralization are found in abundance within the overall footprint of Anomaly D and suggest that deposits of higher grade iron may occur in the immediate area. Approximately 62% of the surface samples collected in 2011 assayed greater than 40% Fe2O3 (28% Fe) from a range assaying from 11.42% to 75.38% Fe2O3. Detail logging and core sampling of all Phase 1 holes has been completed and all remaining samples have been shipped to Activation Laboratory’s prep lab in Goose Bay, Labrador.
Click here to read the Metals Creek Resources Corp. (TSXV:MEK) and Golden Dory Resources Corp. (TSXV:GDR) press release. Â
