Metals Creek Provides Update on Tillex Copper Project
Rhea-AI Summary
Metals Creek Resources Corp. (TSXV: MEK) has completed its previously announced diamond drilling program at the Tillex Copper Project, located 65 km east of Timmins, Ontario. The program consisted of 7 holes targeting near-surface mineralization to upgrade areas of drilling and expand the mineralized envelope.
The drilling intercepted chalcopyrite mineralization within mineralized graphitic argillites, dacites, and porphyry dikes, appearing as finely disseminated and stringer style copper mineralization. Core samples are currently being logged and cut, with results pending.
Additionally, the company has signed an Exploration Agreement with Apitipi Anicinapek Nation (AAN), aimed at fostering a cooperative relationship regarding the Tillex Project within AAN's territory. Subject to TSX Venture Exchange approval, Metals Creek will issue 50,000 common shares to AAN.
Positive
- Successful completion of 7-hole drilling program
- Multiple intercepts of chalcopyrite mineralization found
- Strategic agreement signed with local First Nation
Negative
- Drilling results still pending and unconfirmed
- Share issuance of 50,000 shares will cause minor dilution
Thunder Bay, Ontario--(Newsfile Corp. - April 3, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce the completion of the previously announced (See News Release: March 20, 2025) diamond drilling program at the Tillex Copper Project located in Currie Township, 65 km east of Timmins, Ontario.
This 7 hole diamond drill program targeted near surface mineralization in an effort to upgrade areas of limited drilling and expand the mineralized envelope. During this drill program, chalcopyrite mineralization was intercepted within mineralized graphitic argillites, dacites, and porphyry dikes as finely disseminated and stringer style copper mineralization. Included in this release is a series of drill core photo's highlighting the different styles of chalcopyrite mineralization encountered in this program. The reader is cautioned that these photos are for illustration purposes highlighting the different styles of mineralization and do not represent mineralization through the entirety of the hole.
Photo 1: Chalcopyrite mineralization within wacke sediments TX25-031
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/247162_7c2630ee74c03a3d_001full.jpg
Photo 2: Chalcopyrite stringers within graphitic argillite Hole TX25-031
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/247162_7c2630ee74c03a3d_002full.jpg
Photo 3: Massive chalcopyrite mineralization within mineralized argillites TX25-034
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/247162_7c2630ee74c03a3d_003full.jpg
Photo 4: Mineralized porphyry with blebby and stringer chalcopyrite TX25-031
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/247162_7c2630ee74c03a3d_004full.jpg
Drill core is currently being logged and cut and results will be released once they are received and compiled.
The Company is also pleased to announce that it has signed an Exploration Agreement with Apitipi Anicinapek Nation ("AAN") promoting a cooperative and mutually respectful relationship concerning the Company's Tillex Copper Project within AAN's territory. Pursuant to the Exploration Agreement and subject to TSX Venture Exchange approval, the Company will issue 50,000 common shares of the Company to AAN.
Michael MacIsaac, P.Geo and VP Exploration for the Corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.
About Metals Creek Resources Corp.
Metals Creek Resources Corp. is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the Exchange under the symbol "MEK". Metals Creek has earned a
Metals Creek also has multiple quality projects available for option which can be viewed on the Company's website. Parties interested in seeking more information about properties available for option can contact the Company at the number below.
Additional information concerning the Company is contained in documents filed by the Company with securities regulators, available under its profile at www.sedarplus.ca.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
709-424-1141
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/247162
FAQ
What are the key findings from Metals Creek's (MCREF) recent drilling program at Tillex?
How many drill holes were completed in Metals Creek's (MCREF) Tillex Copper Project?
What is the location of Metals Creek's (MCREF) Tillex Copper Project?
What agreement did Metals Creek (MCREF) sign with the Apitipi Anicinapek Nation?
