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. reports exploration and project-portfolio developments for a mineral issuer focused on Canadian resource properties. Recurring updates center on the Ogden Gold Project in the Timmins gold camp, a 50/50 joint venture with Discovery Silver in which Metals Creek serves as operator, including drill mobilization, drill planning, structural interpretation, and targets such as the Thomas Ogden Zone and Porphyry Hill.
Company news also covers option-partner work and assay results tied to the Yellow Fox critical-metals and rare earth element property in central Newfoundland, along with jointly staked natural white hydrogen prospects in Newfoundland. Other disclosures include partnership activity, shares-for-services marketing arrangements, and capital-structure information for the OTC Pink symbol MCREF and TSX Venture-listed MEK security.
Metals Creek Resources (MCREF) increased the non-flow-through portion of its non-brokered private placement to $1 million, bringing total potential proceeds from flow-through and non-flow-through units to up to $2.5 million. The financing is expected to close on or before July 31, 2026, subject to TSX Venture Exchange approval.
The company plans to issue up to 20,000,000 non-flow-through units at $0.05, each with a full warrant exercisable at $0.08 for 24 months, and up to 27,272,727 flow-through units at $0.055, each with a half warrant at the same exercise price. Proceeds will fund exploration on Newfoundland hydrogen/helium projects, the Ogden Gold Project, other Newfoundland and Ontario properties, and general working capital, with FT proceeds directed to qualifying Canadian Exploration Expenses.
Metals Creek Resources (OTC:MCREF, TSXV: MEK) increased its non-brokered private placement to up to $2 million, comprising up to 27,272,727 flow-through units at $0.055 and 10,000,000 non-flow-through units at $0.05. Each FT unit includes one flow-through share and one-half warrant; each NFT unit includes one share and one full warrant. Each whole warrant allows purchase of one common share at $0.08 for 24 months. The financing is expected to close on or before July 31, 2026, is subject to TSX Venture Exchange approval, and all securities will carry a four-month hold. Proceeds will fund exploration on Newfoundland hydrogen/helium projects, the Ogden Gold Project, other Newfoundland and Ontario properties, and general working capital.
Metals Creek Resources (OTC: MCREF) reported high-grade gold assays from hole TOG-26-76 in its three-hole, 1,233 m diamond drill program at the 50/50 Ogden Gold Project joint venture with Discovery Mining in Timmins, Ontario.
TOG-26-76 returned 115.51 g/t gold over 9.85 m, including 356.85 g/t gold over 3.10 m and 2,050 g/t gold over 0.50 m, with multiple occurrences of visible gold in strongly altered felsite and conglomerate along the Thomas Ogden Zone fold structure. According to Metals Creek, this is the second highest-grade intercept to date on the project, and true widths of the mineralization are not yet known. Assays for one remaining hole are still pending under a QA/QC program including standards, blanks and check assays.
Metals Creek Resources (MCREF) plans a non-brokered private placement of up to $1 million, closing on or before July 31, 2026. The financing includes up to 9,090,909 flow-through units at $0.055 and 10,000,000 non-flow-through units at $0.05, each with $0.10 warrants.
Proceeds will fund exploration on Newfoundland hydrogen/helium assets, the Ogden Gold Project, other Newfoundland and Ontario properties, and working capital, with flow-through funds directed to qualifying Canadian Exploration Expenses.
Metals Creek (MCREF) reported new diamond drill results from the Ogden Gold Project in Timmins, Ontario, a 50/50 joint venture with Discovery Mining.
Hole TOG-26-75 cut 40.61 g/t gold over 2.6m, including 152 g/t over 0.6m, within a broader 8.43 g/t over 13.25m zone and 0.58 g/t over 7.95m in a footwall dike.
Metals Creek (OTC: MCREF) and Benton hired hydrogen-helium specialist Rudy Willick of Rudiger Re-Chem to run regional soil gas sampling at the Smoking Gun and Parson's Pond projects in Newfoundland starting mid-to-late July.
Sampling will test for H2, He, Neon, CO2 and C1–C4 hydrocarbons. Historical data show helium up to 8,900 ppb near Smoking Gun and methane up to 72% at Parson's Pond, with satellite and legacy well analyses indicating highly anomalous hydrogen and helium signatures.
Metals Creek (MCREF) reported that all three holes in its latest drill program at the Ogden Gold Project in Timmins, Ontario, intersected visible gold, and the program is now complete. Ogden is a 50/50 joint venture with Discovery Silver, with Metals Creek as operator.
Hole TOG-26-77 cut visible gold at 350.36m within strongly altered felsite near the Thomas Ogden Zone fold axis. According to Metals Creek, historic drilling at Ogden has returned intercepts up to 210.19 g/t gold over 12.53m. Assay results from the 2026 holes are pending.
Metals Creek Resources (MCREF) reported intersecting visible gold in the first two 2026 drill holes at the Ogden Gold Project in Timmins, Ontario, a 50/50 joint venture with Discovery Silver.
Visible gold was observed in holes TOG-26-75 and TOG-22-76 within silicified felsite and quartz vein zones; assays are pending.
Metals Creek (OTC: MCREF) and Benton expanded their Newfoundland hydrogen-helium portfolio, more than doubling the Smoking Gun Project from 242 to 654 claim units, now 163.5 km2. Parsons Pond grew from 427 to 641 units, covering 160.3 km2.
The new ground targets stratigraphy considered prospective for natural white hydrogen and helium, supported by historic drill data showing helium up to 8,900 ppb and strong multi-gas anomalies at Seamus #1 and Finnegan #1. Follow-up work will include soil gas sampling and fracture mapping to define drilling targets.
Metals Creek Resources (MCREF) filed for final approval of a non-brokered private placement totaling $704,150, issuing 21,080,000 NFT Units and 2,050,000 FT Units. Each NFT Unit includes one share and one warrant at $0.05; each FT Unit includes one flow-through share and half-warrant at $0.06.
The company paid $23,915.50 in finders' fees and issued 775,600 broker warrants. An insider subscribed for $45,000 (1,500,000 NFT Units) under MI 61-101 exemptions. Proceeds will fund exploration on Newfoundland and Ontario projects, including the Ogden Gold Project.