metal

John Anderson Joins Metals Creeks Board of Directors, Lorne Woods Resigns

Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that effective immediately, John Anderson has agreed to join the Metals Creek Board of Directors.

John Anderson is the Chairman of Purplefish Capital Management Limited ("Purplefish"), an independent Corporate Finance Advisory Firm with offices in Vancouver, Geneva, and Beijing. They also have strategic relationships with groups focused on Chinese markets. Over the past 25 years John has been instrumental in founding, helping fund, and managing numerous companies - and successfully raising over $500 million in equity for a number of public and private companies in the United States, Canada and Europe, and has been directly responsible for numerous IPO's and cross-border public listings. His specialty is identifying undervalued opportunities and investing capital into these initiatives.

Alexander (Sandy) Stares states "On behalf of the board of directors I am delighted to welcome John to the Metals Creek Team. As a past independent director of Newfound Gold and current director of Red Moon Resources, John is intimately familiar with Newfoundland projects and their potential. John's current role as Executive Chairman of Triumph Gold and tenacity of financing will certainly be a benefit to Metals Creek. John is a recent shareholder of MEK and his very long-term commitment to projects and gold is one shared by the Metals Creek Team."

Resignation:

Metals Creek also announces the resignation of Mr. Lorne Woods as a Director of the Company effectively immediately. "I would also like to very much thank Lorne Woods for a significant contribution to the Company over the years", stated Alexander Stares, President and CEO of Metals Creek. "We wish him great success in his future endeavours." Lorne will remain as an advisor to the company.

The Company also announces the grant of 500,000 incentive stock options to various directors, officers, and consultants of the Company. The Stock Options will be exercisable at $0.18 and will vest in accordance with the companies stock option plan.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a junior exploration Corporation 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". Metals Creek has earned a 50% interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF). In addition, Metals Creek has signed an agreement with Newmont Corporation, where Metals Creek can earn a 100% interest in the past producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.

Metals Creek also has multiple quality projects available for option in Ontario and Newfoundland which can be viewed on the Corporation's website. Parties interested in seeking more information about properties available for option can contact the Corporation at the number below.

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
www.MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87171

News Provided by Newsfile via QuoteMedia

The Conversation (0)
North Bay Resources Announces Refinery Shipment of Gold Concentrate from Bishop Gold Mill, California

North Bay Resources Announces Refinery Shipment of Gold Concentrate from Bishop Gold Mill, California

North Bay Resources, Inc. (the " Company " or " North Bay ") (OTC: NBRI) is pleased to announce a test shipment of 327 lbs. of gold concentrate grading 14.2 ounces per ton has been made from the Bishop Gold Mill to Just Refiners, Reno, NV. The shipment was the result of ongoing optimization of the Mill in February processing ore from its Fran Gold Property. Recent ore runs produced an estimated 2.44 troy ounces of contained gold from approximately 10 tons of ore. This reflects a recovered gold grade of 0.24 ounces per ton. An additional 0.1 ounce of contained gold in low-grade concentrate remained at the Mill. Recovery is currently estimated at approximately 50% overall or 70% of gravity recoverable gold. Metallurgical testing has shown gravity recovery of up to 67% may be achieved with an additional 30% recoverable by flotation. Head grade is estimated at 0.5 ounces per ton but varies considerably at the centrifuge due to gold charging of the ball mill and overflow container due to the inherent density of gold. The gravity circuit is now efficiently processing material and optimization of the jaw crusher, ball mill, centrifuge, and shaker table are now largely complete. The Company is now implementing the flotation circuit and increasing gravity circuit throughput.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
North Bay Resources Announces Refinery Shipment of Gold Concentrate from Bishop Gold Mill, California

North Bay Resources Announces Refinery Shipment of Gold Concentrate from Bishop Gold Mill, California

North Bay Resources, Inc. (the " Company " or " North Bay ") (OTC: NBRI) is pleased to announce a test shipment of 327 lbs. of gold concentrate grading 14.2 ounces per ton has been made from the Bishop Gold Mill to Just Refiners, Reno, NV. The shipment was the result of ongoing optimization of the Mill in February processing ore from its Fran Gold Property. Recent ore runs produced an estimated 2.44 troy ounces of contained gold from approximately 10 tons of ore. This reflects a recovered gold grade of 0.24 ounces per ton. An additional 0.1 ounce of contained gold in low-grade concentrate remained at the Mill. Recovery is currently estimated at approximately 50% overall or 70% of gravity recoverable gold. Metallurgical testing has shown gravity recovery of up to 67% may be achieved with an additional 30% recoverable by flotation. Head grade is estimated at 0.5 ounces per ton but varies considerably at the centrifuge due to gold charging of the ball mill and overflow container due to the inherent density of gold. The gravity circuit is now efficiently processing material and optimization of the jaw crusher, ball mill, centrifuge, and shaker table are now largely complete. The Company is now implementing the flotation circuit and increasing gravity circuit throughput.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Red Mountain Mining

High Resolution Ground Magnetics Commences at 100% - Owned Kiabye Gold Project, Western Australia

Red Mountain Mining Limited (“RMX” or the “Company”) is pleased to advise that today it will commence conducting a high-resolution ground magnetics and targeted pXRF assay program at the Company’s 100%-owned Kiabye Gold Project in Western Australia. The Company will aim to define potential gold bearing structures for conventional wet geochemical sampling.

Keep reading...Show less
Kevin Wadsworth, Patrick Karim, charts.

Kevin Wadsworth, Patrick Karim: Gold Bull Era Coming, Capital Rotation in Late Stages

Kevin Wadsworth and Patrick Karim of NorthstarBadcharts.com outline the capital rotation event they see unfolding, explaining how it will lead to not just a gold bull market, but a new gold bull era.

They also share their takes on gold stocks, as well as the silver, uranium and crypto sectors.

Keep reading...Show less

Latest Press Releases

Related News

×