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Metals Creeks' Option Partner Lomiko Identifies New Gold Showing and Extends Multi-Element Anomalies to the South at the Yellow Fox Antimony, Silver, and Gold Property Located in Central Newfoundland
Newsfileยท2025-09-23 10:39

Core Insights - Metals Creek Resources Corp. has announced significant developments regarding its Yellow Fox property, including new gold showings and the extension of multi-element anomalies [2][4][6] Group 1: Exploration Results - The Phase II soil sampling program has successfully identified a new gold showing with assays up to 1.3 grams per tonne (g/t) and extended high-priority multi-element targets further south [6][8] - A total of 815 soil samples have been collected, with 264 additional samples taken in Phase II, which targeted stratigraphy south of the Yellow Fox showing [5][6] - Historical work on the Yellow Fox property has returned samples with notable grades, including up to 59.43 g/t Au and 11.10% Sb [4][6] Group 2: Geological Context - The Yellow Fox property exhibits geological traits similar to the Beaver Brook Mine, with intense carbonate alteration and the presence of sulphide-bearing stringers [13] - The mineralization trends identified at Yellow Fox are consistent with regional structures, which also trend North-Northeast (N-NE) [7][13] Group 3: Future Plans - Future exploration plans include line cutting, ground geophysics, surface trenching, and further prospecting to delineate the new gold showing [9][14] - The Government of Newfoundland and Labrador has designated the Yellow Fox project as a "Critical Minerals as a Primary Exploration Target," ensuring eligibility for funding [10]