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 (MCREF) has mobilized a drill to the Ogden Gold Project in Timmins, Ontario, a 50/50 joint venture with Discovery Silver, with Metals Creek as operator. The program comprises 4 holes targeting the Thomas Ogden Zone using oriented-core structural data to optimize hole orientation and better cross-cut gold-bearing quartz veins. Historical intercepts cited include 210.19 g/t Au over 12.53 m and other multi-gram intercepts; assay results from the new program will be released as received.
Metals Creek (MCREF) said its option partner Lomiko reported additional REE assays from the Yellow Fox property in central Newfoundland. Results show a mixed LREE-HREE system over at least 1,200m, HREE+Y/LREE ratios up to 1.25, and Y comprising 61–69% of HREE+Y.
Geochemical indicators include Ga up to 41.9 ppm, Rb to 194.6 ppm, and Zr averaging 546 ppm (max 1,169 ppm), consistent with a fractionated peralkaline granite prospective for HREEs.
Metals Creek Resources Corp (MCREF) amended a non‑brokered private placement to raise up to $1,000,000 via flow‑through (FT) and non‑flow‑through (NFT) units.
The company intends to issue up to 14,285,714 FT Units at $0.035 (proceeds $500,000) and up to 16,666,667 NFT Units at $0.03 (proceeds $500,000). FT and NFT warrants have 36‑month terms with exercise prices of $0.06 and $0.05, respectively. FT proceeds target exploration on Newfoundland and Ontario properties including the Ogden Gold Project. All securities will have a four‑month hold and the placement is subject to TSX Venture Exchange approval.
Metals Creek Resources Corp. (MCREF) announced a non-brokered private placement expected to close on or before April 15, 2026. The company intends to issue up to 7,500,000 flow-through units at $0.035 and up to 2,500,000 non-flow-through units at $0.035.
Each FT Unit includes one FT share plus one-half warrant; each NFT Unit includes one share plus one warrant. Warrants are exercisable at $0.06 for 36 months. Proceeds from FT Units will fund exploration on Newfoundland and Ontario projects, including the Ogden Gold Project. Securities will be subject to a four-month hold and TSXV approval.
Benton Resources (BNTRF) and Metals Creek jointly staked 763 claim units on March 25, 2026 to acquire six prospective natural (white) hydrogen projects on Newfoundland's west coast.
Three projects have historical gas shows; Parson's Pond drill logs report up to 72% C1 methane in two holes. The companies caution that further studies are required to confirm hydrogen or helium.
Metals Creek (OTC:MCREF) and Benton acquired 6 staked projects totalling 763 claim units on Newfoundland's west coast to target potential natural (white) hydrogen and helium.
Three projects have historical gas shows; Parson's Pond drill logs recorded C1 methane up to 72%. Further studies are required to confirm hydrogen or helium presence.
Metals Creek Resources (OTC Pink: MCREF) launched a 12-month cashless marketing campaign with AGORACOM using a shares-for-services model to deploy AI-generated investor content and a verified discussion forum.
Fees total CAD 125,000 + HST, payable as five CAD 25,000 share instalments between commencement and March 31, 2027, subject to TSXV acceptance and share pricing on specific service dates.
Metals Creek (MCREF) received the first-anniversary cash payment of $23,125 and 889,423 Lomiko shares at a deemed price of $0.13 per share, subject to exchange approval. Lomiko paid a finder fee of $1,875 plus 72,115 shares.
The Yellow Fox Property was expanded by two amendments and now totals 109 claim units (2,725 hectares). Recent re-run soil assays returned TREE 1,683–5,176 ppm with strong Nd, Pr and elevated Dy anomalies, indicating a promising REE soil footprint that warrants follow-up work.
Metals Creek (OTC Pink: MCREF) provided an exploration update for the Ogden Gold Project and outlined a fully funded drill program planned for Q1 2026 targeting the Thomas Ogden Zone and Porphyry Hill.
The Ogden project is a 50/50 joint venture with Discovery and hosts over 8km of strike along the Porcupine-Destor Break. Historic high-grade intercepts include 210.19 g/t Au over 12.53m at TOG and other multi-gram intercepts from 2013–2022. An Exploration Target at Naybob South is reported at 750,000–1,000,000 tonnes @ 3.5–4.5 g/t Au (conceptual).
Metals Creek (TSXV: MCREF) has sold its 85% interest in the Tillex Copper-Silver Project in the Timmins district to Aruma Resources (ASX: AAJ). Consideration includes C$100,000 cash and Aruma shares valued at C$125,000 on closing, plus staged deferred cash and share payments of up to C$625,000 cash (excluding production payment) tied to timing and resource milestones, a C$500,000 production payment, and a retained 1% NSR royalty (0.5% legacy plus 0.5% from Aruma, with Aruma able to buy 0.25% for C$250,000). On closing Aruma will hold 85% (Vale 12%, private 3%) and be solely responsible for funding and operating the project.
The sale frees Metals Creek to focus on the Ogden Gold Project while keeping upside via Aruma equity and royalty.