Metals Creek Resources Corp.: Metals Creeks informed by Manning Ventures of High-Grade Gold Results from Flint Lake Sampling Program
Metals Creek Resources Corp.
Company or
Manning or
CSE: MANN) of the results from a recent ground exploration program at the Flint Lake gold project, located in Ontario, Canada. The Flint Lake property is subject to an option agreement with Metals Creek Resources whereby Manning has the right to earn a 100% interest of Metals Creeks 81.3 % interest in the Flint Lake project. The other 18.7% is owned by Endurance Gold Corp.
In order to exercise the Flint Lake Option, Manning must: (1) make cash payments to MEK of $145,000 over three years ($20,000 paid); (2) issue a total of 2,200,000 common shares of Manning to Metals Creek over three years (300,000 issued); and (3) incur work expenditures of $775,000 over three years. Upon exercise of the Flint Lake Option, MEK will retain a 1% NSR royalty, Manning will retain the right to purchase 50% of such
Metals Creek Resources Corp. is pleased to announce that the company has been informed by Manning Ventures Inc. of the results from a recent ground exploration program at the Flint Lake gold project, located in Ontario, Canada. The Flint Lake property is subject to an option agreement with Metals Creek Resources whereby Manning has the right to earn a 100% interest of Metals Creeks 81.3 % interest in the Flint .