Metals Creeks' Option Partner Lomiko Identifies New Gold Showing and Extends Multi-Element Anomalies to the South at the Yellow Fox Antimony, Silver, and Gold Property Located in Central Newfoundland
Metals Creek Resources (TSXV: MEK) and its option partner Lomiko Metals (TSXV: LMR) have announced significant findings from their Phase II soil sampling program at the Yellow Fox antimony, silver, and gold property in Central Newfoundland. The program revealed a new gold showing with assays up to 1.3 g/t and extended high-priority multi-element targets southward.
Key highlights include the collection of 264 additional soil samples, bringing the total to 815 samples, and the identification of several high-priority targets aligned with mineralized vein sets. Historic work at the property has yielded impressive results, including samples up to 59.43 g/t Au, 11.10% Sb, 7.00% Zn, 72.90 g/t Ag, and 5.50% Pb in arsenopyrite-stibnite veins.
The project has received approval from Newfoundland's Mineral Incentive Program as a "Critical Minerals as a Primary Exploration Target" project. Future exploration plans include ground geophysics, surface trenching, and additional evaluation of the new gold showing.
Metals Creek Resources (TSXV: MEK) e il suo partner di opzione Lomiko Metals (TSXV: LMR) hanno annunciato risultati significativi dal loro programma di campionamento del suolo di fase II presso la proprietà Yellow Fox contenente antimonio, argento e oro nel Central Newfoundland. Il programma ha rivelato una nuova manifestazione d'oro con analisi fino a 1,3 g/t e ha esteso i target multi-elemento ad alta priorità verso sud.
Elementi chiave: sono stati raccolti 264 campioni di suolo aggiuntivi, portando il totale a 815 campioni, e sono stati identificati diversi target ad alta priorità allineati ai sistemi di vene mineralizzate. Il lavoro storico sulla proprietà ha fornito risultati notevoli, inclusi campioni fino a 59,43 g/t Au, 11,10% Sb, 7,00% Zn, 72,90 g/t Ag e 5,50% Pb in vene arsenopirite-stibnite.
Il progetto ha ottenuto l'approvazione dal Newfoundland's Mineral Incentive Program come progetto "Critical Minerals as a Primary Exploration Target". I piani di esplorazione futuri includono geofisica di campo, trincee superficiali e ulteriori valutazioni della nuova manifestazione d'oro.
Metals Creek Resources (TSXV: MEK) y su socio de opción Lomiko Metals (TSXV: LMR) han anunciado hallazgos significativos de su programa de muestreo de suelos de la fase II en la propiedad Yellow Fox de antimonio, plata y oro en el centro de Newfoundland. El programa reveló una nueva manifestación de oro con ensayos de hasta 1.3 g/t y extendió objetivos de múltiples elementos de alta prioridad hacia el sur.
Aspectos clave: se recogieron 264 muestras de suelo adicionales, llevando el total a 815, y se identificaron varios objetivos de alta prioridad alineados con conjuntos de vetas mineralizadas. El trabajo histórico en la propiedad ha producido resultados impresionantes, incluyendo muestras de hasta 59.43 g/t Au, 11.10% Sb, 7.00% Zn, 72.90 g/t Ag y 5.50% Pb en vetas de arsenopirita-stibnite.
El proyecto ha recibido la aprobación del Newfoundland's Mineral Incentive Program como un proyecto “Minerales Críticos como Objetivo de Exploración Primario”. Los planes de exploración futuros incluyen geofísica de campo, zanjeo superficial y una evaluación adicional de la nueva manifestación de oro.
Metals Creek Resources (TSXV: MEK) 및 그 옵션 파트너 Lomiko Metals (TSXV: LMR)은 중부 뉴펀들랜드의 Yellow Fox 불순소(안티몬, 은, 금) 지역에서 제2단계 토양샘플링 프로그램의 중요한 발견을 발표했습니다. 프로그램은 새로운 금 샘플링 현상으로 최대 1.3 g/t의 분석 결과를 보여주고 남쪽으로 고우선순위 다성분 표적을 확장했습니다.
주요 내용으로는 추가로 264개의 토양샘플을 채취해 총 815샘플이 되었고 광맥계 세트에 정렬된 여러 고우선순위 표적을 확인했습니다. 현_property의 역사적 작업은 인상적인 결과를 낳았으며, 침전 광맥의 황철광-황화광맥에서 59.43 g/t Au, 11.10% Sb, 7.00% Zn, 72.90 g/t Ag, 5.50% Pb의 샘플이 보고되었습니다. 이 프로젝트는 뉴펀들랜드 광물 인센티브 프로그램으로 '주요 탐사를 위한 전략 광물' 프로젝트로 승인받았습니다. 향후 탐사 계획에는 지상 지구물리 탐사, 표면 파고, 새로운 금 현상의 추가 평가가 포함됩니다.
Metals Creek Resources (TSXV: MEK) et son partenaire d’option Lomiko Metals (TSXV: LMR) ont annoncé des résultats significatifs de leur programme d’échantillonnage de sols de phase II sur la propriété Yellow Fox d’antimoine, d’or et d’argent à Terre-Neuve-Cédrale. Le programme a révélé une nouvelle manifestation d’or avec des essais jusqu’à 1,3 g/t et a étendu des cibles multi-éléments à haute priorité vers le sud.
Points clés : collecte de 264 échantillons de sols supplémentaires, portant le total à 815 et identification de plusieurs cibles à haute priorité alignées sur des ensembles de veines minéralisées. Les travaux historiques sur la propriété ont donné des résultats impressionnants, notamment des échantillons jusqu’à 59,43 g/t Au, 11,10 % Sb, 7,00 % Zn, 72,90 g/t Ag et 5,50 % Pb dans des veines arsenopyrite-stibnite. Le projet a reçu l’approbation du Newfoundland’s Mineral Incentive Program en tant que projet « Minéraux critiques comme cible d’exploration primaire ». Les plans d’exploration futurs incluent la géophysique de terrain, le creusement de tranchées en surface et une évaluation supplémentaire de la nouvelle manifestation d’or.
Metals Creek Resources (TSXV: MEK) und ihr Optionspartner Lomiko Metals (TSXV: LMR) haben bedeutende Ergebnisse aus ihrem Phase-II-Bodenprobennahmeprogramm auf der Yellow Fox-Property in Zentral-Neufundland angekündigt. Das Programm ergab eine neue Goldanzeige mit Analysen bis zu 1,3 g/t und erweiterte hochpriorisierte Multi-Elementen-Ziele nach Süden.
Wichtige Highlights: Sammlung von 264 zusätzlichen Bodenproben, insgesamt 815 Proben, und die Identifizierung mehrerer hochpriorisierter Ziele, die mit mineralisierten Adernverbänden ausgerichtet sind. Historische Arbeiten auf der Property lieferten beeindruckende Ergebnisse, einschließlich Proben bis zu 59,43 g/t Au, 11,10% Sb, 7,00% Zn, 72,90 g/t Ag und 5,50% Pb in Arsenopyrit-Stibnit-Gängen. Das Projekt erhielt die Genehmigung des Newfoundland's Mineral Incentive Program als Projekt 'Kritische Mineralien als primäres Explorationsziel'. Zukünftige Explorationspläne umfassen Boden-Geophysik, Oberflächengräben und eine weitere Bewertung der neuen Goldanzeige.
Metals Creek Resources (TSXV: MEK) وشريكها بالخيارات Lomiko Metals (TSXV: LMR) أعلن عن نتائج مهمة من برنامجهما لجمع عينات التربة للمرحلة الثانية في ملكية Yellow Fox التي تحتوي على القصدير والفضة والذهب في وسط نيوفاوندلاند. يكشف البرنامج عن إظهار ذهب جديد مع اختبارات حتى 1.3 ج/طن وتوسع أهداف متعددة العناصر عالية الأولوية جنوباً. النقاط الرئيسية تشمل جمع 264 عينة تربة إضافية ليصل الإجمالي إلى 815 عينة، وتحديد عدة أهداف عالية الأولوية تتماشى مع عُيّنات العروق المعدنية. الأعمال التاريخية في الملكية قدمت نتائج مثيرة للإعجاب، بما في ذلك عينات حتى 59.43 ج/ط ذهب، 11.10% Sb، 7.00% Zn، 72.90 ج/ط فضة، و5.50% Pb في عروق الأرسبينبيرايت-الستيبنيت. حصل المشروع على موافقة برنامج الحوافز المعدنية في نيوفاوندلاند كمشروع 'معادن حاسمة كهدف استكشافي أساسي'. خطة الاستكشاف المستقبلية تشمل الجيوفيزياء الميدانية، حفر الخنادق السطحية، وتقييم إضافي للإظهار الذهبي الجديد.
Metals Creek Resources (TSXV: MEK) 及其期权伙伴 Lomiko Metals (TSXV: LMR) 宣布在位于纽芬兰中部的 Yellow Fox 项目上阶段 II 土壤取样计划的重大发现，该项目含有锑、银和金。该项目显示了新的金显示，分析值高达 1.3 g/t，并向南扩展了高优先级的多元素靶区。要点包括收集了额外的 264 份土壤样本，总数达到 815 份，并确定了与矿化脉组一致的若干高优先级靶区。该矿区的历史工作已取得令人印象深刻的结果，包括在砷辉石-辉针脉中样本高达 59.43 g/t Au, 11.10% Sb, 7.00% Zn, 72.90 g/t Ag, 5.50% Pb 的记录。该项目已获得纽芬兰矿产激励计划的批准，作为“以关键矿物为初级勘探目标”的项目。未来的勘探计划包括野外地球物理探测、地表沟槽开挖，以及对新金显示的进一步评估。
- Discovery of new gold showing with assays up to 1.3 g/t in previously unexplored area
- Successful extension of multi-element anomalies 500m to the south
- Government approval as Critical Minerals project, eligible for CMA and PCMA funding
- Historic high-grade samples including 59.43 g/t Au and 11.10% Sb
- Property shows similar geological traits to nearby Beaver Brook mine
- Early-stage exploration property with no defined resource
- Surface and grab samples may not be indicative of underlying mineralization
- Limited outcrop exposure in the property area
Thunder Bay, Ontario--(Newsfile Corp. - September 23, 2025) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that the Company has been advised of results by its option partner Lomiko Metals Inc. (TSXV: LMR) (Lomiko) regarding the recently completed phase II soil sampling and prospecting program on the Yellow Fox antimony, silver, and gold property acquired from Metals Creek as per news release issued on January 21st, 2025. (See MEK news release dated January 21 2025).
Newfoundland has just been named on the Fraser Institute's list of top mining jurisdictions. Newfoundland & Labrador appears in the list of the top ten most attractive jurisdictions for mining investment.
Source: https://www.fraserinstitute.org/studies/annual-survey-mining-companies-2024
Highlights:
- Extension of high-priority multi-element targets to the south, as shown in Figures 1-4.
- New gold showing with assays up to 1.3 g/t - new western clam block just west of the Yellow Fox Showing.
- Soil sampling program successfully targeted stratigraphy south of Yellow Fox Showing, which yielded 59.413 g/t gold and areas of increased density of interpreted structures. See Figures 1-4.
- 264 additional soil samples were collected in Phase II program on 250m spaced lines trending 110 degrees. Total of 815 (551+264) samples collected.
- Several high-priority targets with a similar trend (015°) to that of mineralized vein sets at the Yellow Fox showing have been identified. See Figures 1-4.
Yellow Fox is an early-stage exploration property prospective in antimony, gold, and silver, where historic work has returned samples anomalous in gold (Au), antimony (Sb), lead (Pb), zinc (Zn), and silver (Ag). Previous trenching exposed bedrock, resulting in grab samples up to 59.43g/t Au,
Please note that the results on an adjacent or nearby property (Beaver Brook) are not necessarily what can be expected on the Yellow Fox project and that the results of surface or grab samples, by their nature, this type of sample is selective and that the assay results may not be indicative of underlying mineralization.
Based on the success of the phase I soil sampling program (See news release, August 12, 2025), additional soil sampling (Phase II) was conducted, extending coverage further to the south (see Figure 1) as well as extending several lines to the west. This program was designed to further extend prospective Phase I soil anomalies as well as evaluate the potential of regional structures transecting the Yellow Fox property at roughly the same orientation as that of the Beaver Brook Mine. Phase II soil sampling consisted of 264 soil samples on top of 551 samples collected from phase I, which are mainly concentrated on the northern half of the project area.
Results from Phase II sampling continue to extend several highly prospective, multi-element (Au, Sb, Ag, Zn, Pb, As, Fe, Mn, Ce) soil anomalies a further 500m to the south. These new anomalies are trending roughly North(N)-Northeast(NE), similar to that of the highly prospective regional structures, which also trend N-NE. Several high-priority multi-element anomalies continue to trend to the south (see Figure 1) based on phase II results.
A new gold showing has been identified through prospecting (see Figure 1: Sample Location Map), returning an assay of 1.3 grams per tonne (g/t), with this being the only sample taken at this location. This new gold showing is hosted within a zone of carbonatized granite with finely disseminated pyrite and is located in an area where little to no exploration work has been conducted. Further prospecting is planned this fall to further delineate and evaluate the carbonatization alteration halo of this newly discovered gold mineralization.
The surface grab samples described in this news release are selective by nature and are unlikely to represent average grades on the property.
Phase I and II soil sampling have proven highly successful in locating and delineating potential mineralized structures on the Yellow Fox project, especially given the lack of outcrop. The next stages will include line cutting and ground geophysics to better define the orientation and location of high-priority targets, followed by surface trenching and a rare earths testing package within the cerium anomaly.
In July, the Government of Newfoundland and Labrador's Mineral Incentive Program officially approved Lomiko's application as filed, designating it as a "Critical Minerals as a Primary Exploration Target" project. This prioritization ensures eligibility for CMA and PCMA funding.
Yellow Fox antimony and gold prospect exploration - future steps
- Planning for the ground geophysics, followed by surface trenching.
- Line cutting, ground geophysics, and surface trenching permits have been received.
- Surface stripping will be followed by channel sampling and geological mapping at the new gold showing.
- Further evaluate and expand knowledge on the new west gold showing.
- Re-run the Rare Earth Elements ("REE") specific test package for the assays outlining the cerium anomaly to check for other REE elements, including neodymium, praseodymium, scandium, gallium etc.
- Collect soil samples on the additional 3-5 lines south of the new gold anomaly to determine its extent.
Yellow Fox Location Details
The Yellow Fox Property is located approximately 10 km southwest of the Town of Glenwood NL, and south of the Trans-Canada Highway. The Property occurs within NTS map sheets 02D/14 and 15 with excellent access along several logging and skidder roads originating from Glenwood. The main Yellow Fox showing is located in the central part of License 027536M, 5km from the western end of Gander Lake. The property is centered at approximately UTM (NAD 27) grid coordinates 5,419,400m North and 645,300m East.
Geologically, Yellow Fox exhibits similar traits to those of Beaver Brook with cross-cutting structural zones that show intense carbonate alteration with sulphide-bearing stringers to veins of stibnite and arsenopyrite with similar high-grade tenors of antimony, gold, lead, zinc, and silver. Arsenopyrite is also present in both locations. Two prominent fracture vein sets are present, one being the muscovite-pyrite-rutile veins trending 356 degrees and the second stibnite-quartz-arsenopyrite being the most abundant and trending 025 degrees. Both these vein sets are similar to that of the past producing Beaver Brook antimony Mine, and both vein sets trend in N to NE, which is the same as the prospective regional structures.
Figure 1 - Gold results with interpretation
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Figure 2 - Cerium results with interpretation
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Figure 3 - Antimony results with interpretation
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Figure 4 - Zinc results with interpretation
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Qualified Person
The technical content presented in this press release was reviewed and approved by Gordana Slepcev, P.Eng., who is the CEO & President of Lomiko Metals and acts as the "Qualified Person" as that term is defined under National Instrument 43-101, Standards of Disclosure for Mineral Projects. Also, Wayne Reid, P.Geo and director for the Corporation (MEK) and a qualified person as defined in National Instrument 43-101, has reviewed and approved of the disclosure of the exploration information in this news release.
All samples were dried and then sent to Eastern Analytical Ltd. located in Springdale Newfoundland, Canada. Samples are analyzed by ICP34 method that delivers a 34-element package and analyzed by ICP-OES analytical technique. Rock samples were analyzed by fire assay with an ICP finish.
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/267537
FAQ
What were the key findings from Metals Creek's Yellow Fox property Phase II sampling program?
Where is the Yellow Fox property located and what are its main minerals?
What are Metals Creek's (MCREF) next exploration steps at Yellow Fox?
How many soil samples have been collected at the Yellow Fox property?
What government support has the Yellow Fox project received?
