Metals Creek Signs Drilling Contract for the Ogden Gold Project in Timmins, Ontario
The upcoming drilling will follow up on a completed three-hole program that reported visible gold in every hole.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Metals Creek Resources (MCREF) has signed a drilling contract for a four-hole program at the Ogden Gold Project in Timmins, Ontario. The project is a 50/50 joint venture with Discovery Mining, with Metals Creek as operator. The program will target the Thomas Ogden Zone fold structure and untested near-surface portions. The company expects drill mobilization to begin in approximately two weeks.
Previous hole TOG-26-76 returned a downhole intercept of 115.51 g/t gold over 9.85m, including 356.85 g/t over 3.10m and 2050 g/t over 0.50m. It was the project's second-highest-grade intercept. Hole TOG-13-25, located 325m west along the fold structure, returned 210.19 g/t over 12.53m. The recently completed three-hole program reported visible gold in all three holes.
Positive
- Minor pointSigned drilling contract covers four diamond drill holes targeting the Thomas Ogden Zone structure and untested near-surface portions.
- Minor point. Forward-looking: it has not happened yet and may not happen.Drill mobilization is expected in approximately two weeks.
- Minor pointTOG-26-76 returned 115.51 g/t gold over 9.85m, including 356.85 g/t over 3.10m and 2050 g/t over 0.50m.
- Minor pointHistorical hole TOG-13-25 returned 210.19 g/t gold over 12.53m, 325m west of TOG-26-76.
- Minor pointRecently completed drilling reported visible gold in all three holes.
Negative
- None.
AI-generated analysis. How Rhea-AI works. Not financial advice.
Thunder Bay, Ontario--(Newsfile Corp. - October 8, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (OTC Pink: MCREF) (FSE: M1C1) (the "Company" or "Metals Creek") is pleased to announce the company has signed a contract for additional drilling at the Ogden Gold Project located in Timmins, Ontario. The Ogden Gold Project is a 50/50 Joint Venture with Discovery Mining Ltd ("Discovery"), with the Company serving as the operator.
This program is comprised of four diamond drill holes targeting portions of a Thomas Ogden Zone (TOG) fold structure which has a shallow easterly plunge as well as near surface portions of TOG which remain untested. TOG is host to gold bearing, flat lying secondary structures within strongly altered conglomerates and felsites containing pyrite. High-grade gold mineralization within TOG has a strong preferential association with the TOG fold axis. Mobilization of the drill is expected to commence in approximately two weeks.
During the last drill program, TOG-26-76 returned high-grade gold mineralization (see news release dated July 14, 2026 ) with a downhole intercept of 115.51 grams per tonne (g/t) gold (Au) over 9.85m (296.95 - 306.80m) including 3.10m (301.85 - 304.95m) of 356.85 g/t Au (See Fig 1) and also including 0.50m (304.45 - 304.95m) of 2050 g/t Au, with very strong visible gold (See figure 2). This hole returned the second highest grade intercept to date on the Ogden Project with hole TOG-13-25 returning the highest. Hole TOG-13-25 retuned an intercept of 210.19 g/t Au over 12.53m (See News Release May 22, 2013) and is located 325m west of TOG-26-76 along the TOG fold structure.
Figure 1: Schematic Cross Section Hole TOG-26-76
Note: At this time, true thickness/widths of the mineralization are unknown
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/318012_a323d370a4114954_002full.jpg
Figure 2: Visible gold in NQ Core within altered felsite @ 304.85m, Sample TOG-26-76-090
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/943/318012_a323d370a4114954_003full.jpg
Management is looking forward to this next round of drilling at the Ogden Gold project states Alexander (Sandy) Stares, President and CEO. The recently completed three hole drilling program reported visible gold (VG) in all three holes with this upcoming program continuing to follow-up on these results.
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
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
709-424-1141
Metals Creek Resources Corp
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/318012
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What drilling has Metals Creek contracted for the Ogden Gold Project?
Metals Creek has signed a contract for four diamond drill holes at Ogden. The program targets portions of the Thomas Ogden Zone fold structure and untested near-surface portions. The company expects drill mobilization to begin in approximately two weeks.
What gold results is Metals Creek following up at Ogden?
The upcoming program follows a completed three-hole program that reported visible gold in all three holes. Hole TOG-26-76 returned a downhole intercept of 115.51 g/t gold over 9.85m, including 356.85 g/t over 3.10m and 2050 g/t over 0.50m.