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 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 (OTC:MCREF) has announced significant results from its prospecting program at the Ogden Gold Project in Timmins, Ontario. The company, which operates a 50/50 joint venture with Discovery Silver Corp, discovered high-grade gold mineralization approximately 400m west-northwest of the past-producing Naybob Gold Deposit.
The exploration revealed a broad zone of strong alteration spanning 30m in width, containing a discrete mineralized zone of approximately 3.5 meters. Sample assays from this zone yielded impressive results ranging from 0.267 to 7.59 grams per tonne (g/t) of gold. The mineralization style is similar to the Thomas Ogden Zone (TOG), with the area having seen no recent exploration activity since the 1930s and 40s.
Metals Creek Resources (TSXV: MEK) has announced that its option partner Lomiko Metals has identified new multi-element anomalies at the Yellow Fox property in Central Newfoundland. The soil sampling program revealed several high-priority targets with similar trends to the Yellow Fox showing, which previously yielded samples up to 59.43 g/t Au, 11.10% Sb, 7.00% Zn, 72.90 g/t Ag, and 5.50% Pb.
The program collected 551 soil samples across ten 250m spaced lines, identifying multiple pathfinder elements (Au, Sb, Ag, Zn, Pb, As, Fe, Mn). A second phase of sampling was conducted in July 2025, collecting 280 additional samples. The project has been designated as a "Critical Minerals as a Primary Exploration Target" by Newfoundland's Mineral Incentive Program.
Metals Creek Resources (TSXV: MEK) has closed the second tranche of its private placement financing, issuing 500,000 flow-through units. Upon final approval, the company will have issued a total of 6,000,000 flow-through units at $0.02 and 500,000 non-flow-through units, raising aggregate gross proceeds of $130,000.
Each flow-through unit includes one flow-through common share and half a warrant, while non-flow-through units consist of one common share and one warrant. All warrants are exercisable at $0.05 for 3 years. The company paid $4,200 in finder's fees and issued 210,000 broker warrants. Proceeds will fund exploration activities in Newfoundland and Ontario, including the Ogden project.
Metals Creek Resources (TSXV: MEK) has completed the second tranche of its Private Placement Financing, raising $60,000 in gross proceeds. The company issued 2,500,000 flow-through units at $0.02 per unit and 500,000 non-flow-through units, with each unit including share purchase warrants exercisable at $0.05 for 3 years.
The company has requested a 30-day extension from the TSX Venture Exchange to continue the financing until August 11, 2025. Proceeds from the flow-through units will fund exploration activities in Newfoundland and Ontario, particularly focusing on the Ogden project.
Metals Creek Resources (TSXV: MEK) has announced final drill results from its Tillex Copper Project, located 65 km east of Timmins, Ontario. The drilling program, consisting of 7 diamond drill holes totaling 909.5 meters, revealed significant copper mineralization.
Key highlights include hole TX25-035 which intercepted 1.36% Cu and 3.10 g/t Ag over 36.30m, including a higher-grade interval of 2.15% Cu and 2.63 g/t Ag over 17.60m. The program identified a transition from steeply dipping copper mineralization in the northern portion to shallower, flat-lying mineralization in the south, enhancing exploration potential.
Additional results from holes TX25-29 and TX25-31 showed new lead and zinc mineralization, with values up to 0.47% Pb and 0.44% Zn over 10.01m.
Metals Creek Resources (TSXV: MEK) has announced significant drilling results from its Tillex Copper Project, located 65 km east of Timmins, Ontario. The company reported a notable intercept of 1.82% Copper and 13.17 g/t Silver over 98.20m from hole TX25-034.
The drill results include two high-grade intervals: 2.58% Cu and 8.09 g/t Ag over 23.50m, and 2.75% Cu and 26.47 g/t Ag over 29.95m. The mineralization consists of fine, pervasive disseminated chalcopyrite, with cross-cutting stringers and blebby chalcopyrite. The program, comprising seven diamond drill holes totaling 909.5 meters, aims to extend copper mineralization northward and define areas with limited previous drilling.
Metals Creek Resources (TSXV: MEK) has received conditional approval from TSX Venture Exchange for a $400,000 private placement financing. The financing consists of up to 10 million flow-through units and 10 million non-flow-through units, both priced at $0.02 per unit.
The company has already closed a first tranche, raising $60,000 through 3 million flow-through units. The balance is expected to close by June 30, 2025. Proceeds from FT units will fund exploration activities in Newfoundland and Ontario properties, including the Ogden project.
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