Manson Creek Resources Ltd. (TSX-V: MCK) has acquired 100% of the Meridian gold project. Manson Creek has satisfied the terms of the option agreement and the property is now wholly owned, subject to a Net Smelter Return to the vendor.
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The company's main focus will be the exploration work on the recently acquired Virgin Arm gold project in Newfoundland. However, the ownership of the Meridian gold project is a significant milestone, as the company works to build a solid portfolio of early stage, under explored, gold projects.
The company has already outlined a gold mineralized system which covers 1,100 meters by 860 meters. In drill core and outcrop the company intersected results ranging from 2 g/t to 194 g/t Au. The property contains five historic gold and silver mines over a 675 hectare claim black.
Manson Creek is engaged exclusively in the business of mineral exploration with an edge on acquiring early stage gold projects across Canada. The Virgin Arm Gold Project in Newfoundland and the Meridian Gold Project in British Columbia give the Company a solid foundation for growth in this time of record gold prices.
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