Welcome to our dedicated page for Metals Creek news (Ticker: MCREF), a resource for investors and traders seeking the latest updates and insights on Metals Creek stock.
Metals Creek Resources Corp. (MCREF) generates news primarily through exploration updates, property transactions and financing activities related to its mineral projects in Newfoundland and Ontario. As a junior exploration company with listings on the TSX Venture Exchange ("MEK") and Frankfurt ("M1C1"), its announcements often focus on early-stage gold and critical metals exploration results.
Readers following Metals Creek news can expect detailed reports on work at the Ogden Gold Property in the Timmins Gold Camp, where the company holds a 50% interest earned from Newmont Corporation. News releases describe prospecting, mapping and trenching at zones such as Naybob West, including high-grade gold assays and observations about alteration, structural trends and mineralization along the Porcupine-Destor Fault.
Company updates also cover activity on Newfoundland properties, including high-grade gold and antimony sampling at the Careless Cove Property and references to rare earth element and critical metal potential at the Yellow Fox Property, which was acquired by option partner Lomiko Metals Inc. These items provide insight into the geological characteristics and exploration potential of Metals Creek’s portfolio.
In addition, Metals Creek regularly announces non-brokered private placements and flow-through financings, outlining unit structures, use of proceeds for exploration, and exchange approval processes. Occasional corporate and property-related transactions, such as acquiring a 0.5% net smelter royalty on the Tillex property, are also disclosed. Investors and observers can use this news feed to track Metals Creek’s exploration progress, financing plans and property interests over time.
Metals Creek (MCREF) received the first-anniversary cash payment of $23,125 and 889,423 Lomiko shares at a deemed price of $0.13 per share, subject to exchange approval. Lomiko paid a finder fee of $1,875 plus 72,115 shares.
The Yellow Fox Property was expanded by two amendments and now totals 109 claim units (2,725 hectares). Recent re-run soil assays returned TREE 1,683–5,176 ppm with strong Nd, Pr and elevated Dy anomalies, indicating a promising REE soil footprint that warrants follow-up work.
Metals Creek (OTC Pink: MCREF) provided an exploration update for the Ogden Gold Project and outlined a fully funded drill program planned for Q1 2026 targeting the Thomas Ogden Zone and Porphyry Hill.
The Ogden project is a 50/50 joint venture with Discovery and hosts over 8km of strike along the Porcupine-Destor Break. Historic high-grade intercepts include 210.19 g/t Au over 12.53m at TOG and other multi-gram intercepts from 2013–2022. An Exploration Target at Naybob South is reported at 750,000–1,000,000 tonnes @ 3.5–4.5 g/t Au (conceptual).
Metals Creek (TSXV: MCREF) has sold its 85% interest in the Tillex Copper-Silver Project in the Timmins district to Aruma Resources (ASX: AAJ). Consideration includes C$100,000 cash and Aruma shares valued at C$125,000 on closing, plus staged deferred cash and share payments of up to C$625,000 cash (excluding production payment) tied to timing and resource milestones, a C$500,000 production payment, and a retained 1% NSR royalty (0.5% legacy plus 0.5% from Aruma, with Aruma able to buy 0.25% for C$250,000). On closing Aruma will hold 85% (Vale 12%, private 3%) and be solely responsible for funding and operating the project.
The sale frees Metals Creek to focus on the Ogden Gold Project while keeping upside via Aruma equity and royalty.
Metals Creek (TSXV:MEK / MCREF) announced the retirement of Director and CFO Nick Tsimidis and the appointment of Kevin Ramsay as director and Chief Financial Officer, effective January 20, 2026.
Mr. Ramsay is a Chartered Professional Accountant (CPA, CA, CMA) and University of Toronto commerce graduate. He was a partner at a boutique CPA firm that audited public companies in the resource sector and served on CPA Ontario's Practice Inspection Committee. Earlier he served as CFO of Maclean Hunter's Radio Broadcast division.
Metals Creek (MCREF) option partner Lomiko reported new REE soil assays from the Yellow Fox property in central Newfoundland. TREE (total rare earths) in re-run soils range 1,697–5,176 ppm with Ce to 2,510 ppm and La to 414 ppm. Strong LREE enrichment includes Nd 186–890 ppm and Pr 46–192 ppm; HREE Dy 36–191 ppm was also reported. Two main REE anomalies measure roughly ~500m×1,300m and ~175m×1,000m. Work planned: additional REE resampling, line cutting, ground geophysics, trenching and drilling; permits for line cutting, geophysics and drilling were received.
Metals Creek Resources (MCREF) announced it has acquired a 0.5% Net Smelter Royalty (NSR) on the Tillex property from Blue Moon Metals (formerly Savant) in exchange for 50,000 Metals Creek common shares.
The Tillex property is in Currie Township, about 65 km east of Timmins, Ontario. The transfer resolves a 0.5% NSR that originated from a November 29, 2008 purchase agreement when Metals Creek acquired an 85% interest in Tillex subject to that NSR. The share issuance and NSR transfer are subject to TSXV approval. Date of announcement: January 9, 2026.
Metals Creek Resources (TSXV:MCREF) received TSX Venture Exchange approval to close a non-brokered flow-through private placement raising $200,000 via 5,000,000 flow-through units at $0.04 per unit.
Each unit includes one flow-through share and one-half warrant (one whole warrant exercisable at $0.06 for 24 months). The company paid $16,000 cash finders' fees and issued 400,000 broker warrants exercisable at $0.05 for five years. Securities are subject to a four-month hold period.
Proceeds are earmarked for exploration on Newfoundland and Ontario properties, including the Ogden Gold Project, with expenditures qualifying as flow-through mining expenses under the Canadian Income Tax Act.
Metals Creek Resources (MCREF) intends to complete a non-brokered flow-through private placement subject to TSX Venture Exchange approval to raise up to $200,000.
The plan is to issue up to 5,000,000 FT Units at $0.04 per unit. Each FT Unit comprises one flow-through common share and one-half warrant; each whole warrant will allow purchase of one non-flow-through common share at $0.06 for 24 months. FT Shares will carry applicable Canadian tax benefits. The company may pay finders' fees in cash, securities, or both, and all securities issued will be subject to a four-month hold period.
Metals Creek (MCREF) filed for final TSX Venture Exchange approval of a previously announced private placement and closed a second and final tranche on December 10, 2025.
The two tranches total 10,025,000 flow-through units and 7,500,000 non-flow-through units for aggregate gross proceeds of $663,500. The company paid $43,050 in cash finder's fees and issued 1,137,500 non-transferable broker warrants. FT Units consist of one flow-through share plus 1/2 warrant (full warrant exercisable at $0.06 for 2 years); NFT Units consist of one share plus one warrant exercisable at $0.06 for 5 years.
All securities are subject to a four-month hold and the financing remains subject to final Exchange approval. Proceeds from FT Units will fund exploration on Metals Creek's Newfoundland and Ontario properties, including prospecting at the Ogden project, with expenditures to qualify as flow-through mining expenses under Canadian tax rules.
Metals Creek (OTC: MCREF) completed a surface trenching program at the Naybob West zone, 400m west-northwest of the past-producing Naybob gold deposit on the Ogden project in Timmins, Ontario.
Trenching expanded mineralization along strike to the east and west, tracing mineralization for approximately 70 meters within a broad alteration package with a minimum width of 30m. The program collected 60 surface grab samples and conducted six soil lines. The Ogden project is a 50/50 joint venture with Discovery, with Metals Creek as operator. Assay results are pending from Activation Laboratories.