11.2 g/t Gold, 200 g/t Silver Intersected Over a True Width of 1.5 Meters, Within a 6 Meter Interval Averaging 3.83 g/t Gold and 91 g/t Silver. Company Plans 2nd Phase of Drilling
THUNDER BAY, ONTARIO -- (Marketwire) -- 12/02/10 -- MetalCorp Limited ('MetalCorp' or the 'Company') (TSX VENTURE: MTC) has completed the first phase of drilling at the Gouda Lake Zone on its 100% owned Hemlo East property, which lies 13 km ESE of Barrick's Hemlo Mine. Results from the final 7 holes of the 29 hole program demonstrate that the mineralization represents a significant new precious metals-rich VMS-style zone.
High-Priority Coincident Anomalies Returned on Both Properties - Follow-Up Surveys Underway and Drill Campaign Planned for New Year
THUNDER BAY, ONTARIO -- (Marketwire) -- 11/30/10 -- MetalCorp Limited ('MetalCorp' or the 'Company') (TSX VENTURE: MTC) has completed a review of the results of its combined geophysical and geochemical surveys on the Connell and North Tarp sections of its 100% owned Pickle Lake property, which lies immediately north of Pickle Lake, Ontario, and on its Black Bear Property, near Red Lake, Ontario. The Company has initiated follow-up surveys in both areas.
19 of first 20 holes reporting. Silver grades of up to 388 g/t and Zinc of up to 4.3% also encountered. Second phase of drilling planned on what appears to be a precious metals-enriched VMS-style mineralizing system
Gold, Silver and Base Metals in First Three Holes, Including Intercepts of 5.48 and 5.68 g/t AuEq
THUNDER BAY, ONTARIO -- (Marketwire) -- 10/28/10 -- MetalCorp Limited ('MetalCorp' or the 'Company') (TSX VENTURE: MTC) is pleased to announce that ongoing drilling at its 100% owned Gouda Lake Zone has been very encouraging. Mineralization has been intersected in all 16 holes drilled thus far, with approximately 10 to 15 holes remaining to be drilled in the program.
THUNDER BAY, ONTARIO -- (Marketwire) -- 09/28/10 -- MetalCorp Limited ('MetalCorp' or the 'Company') (TSX VENTURE: MTC) is pleased to announce that the Company will be commencing a drilling campaign at the Gouda Lake Zone, part of MetalCorp's 100%-owned Hemlo East property, on October 4, 2010. To this end, MetalCorp has engaged Full Force Diamond
THUNDER BAY, ONTARIO -- (Marketwire) -- 09/14/10 -- MetalCorp Limited ('MetalCorp' or the 'Company') (TSX VENTURE: MTC) is pleased to announce that the Company is moving ahead with plans to re-establish a resource at Gouda Lake gold zone on the Company's Hemlo East property. MetalCorp is also pleased to announce that geophysical and geochemical
- Strategic decision to seek out and acquire development property
- Refining exploration at most highly prospective projects
- Appointment of new CFO
TORONTO, ONTARIO -- (Marketwire) -- 07/13/10 -- MetalCORP Limited (TSX VENTURE: MTC) is pleased to announce a change in the Company's direction, provide an update on progress on our focus properties and announce changes in personnel.
TORONTO, ONTARIO -- (Marketwire) -- 06/23/10 -- MetalCORP Limited (TSX VENTURE: MTC) is pleased to announce the appointment of Chris Dougherty, P. Eng., as President of MetalCORP. Mr Dougherty has more than 22 years of experience as a consulting engineer designing and managing the development and construction of underground and open-pit mining and