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METALS CREEK RES (MCREF) Stock News, Oct 2025-Jan 2026

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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.

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Metals Creek (TSXV:MEK / MCREF) announced the retirement of Director and CFO Nick Tsimidis and the appointment of Kevin Ramsay as director and Chief Financial Officer, effective January 20, 2026.

Mr. Ramsay is a Chartered Professional Accountant (CPA, CA, CMA) and University of Toronto commerce graduate. He was a partner at a boutique CPA firm that audited public companies in the resource sector and served on CPA Ontario's Practice Inspection Committee. Earlier he served as CFO of Maclean Hunter's Radio Broadcast division.

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Metals Creek (MCREF) option partner Lomiko reported new REE soil assays from the Yellow Fox property in central Newfoundland. TREE (total rare earths) in re-run soils range 1,697–5,176 ppm with Ce to 2,510 ppm and La to 414 ppm. Strong LREE enrichment includes Nd 186–890 ppm and Pr 46–192 ppm; HREE Dy 36–191 ppm was also reported. Two main REE anomalies measure roughly ~500m×1,300m and ~175m×1,000m. Work planned: additional REE resampling, line cutting, ground geophysics, trenching and drilling; permits for line cutting, geophysics and drilling were received.

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Metals Creek Resources (MCREF) announced it has acquired a 0.5% Net Smelter Royalty (NSR) on the Tillex property from Blue Moon Metals (formerly Savant) in exchange for 50,000 Metals Creek common shares.

The Tillex property is in Currie Township, about 65 km east of Timmins, Ontario. The transfer resolves a 0.5% NSR that originated from a November 29, 2008 purchase agreement when Metals Creek acquired an 85% interest in Tillex subject to that NSR. The share issuance and NSR transfer are subject to TSXV approval. Date of announcement: January 9, 2026.

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Metals Creek Resources (TSXV:MCREF) received TSX Venture Exchange approval to close a non-brokered flow-through private placement raising $200,000 via 5,000,000 flow-through units at $0.04 per unit.

Each unit includes one flow-through share and one-half warrant (one whole warrant exercisable at $0.06 for 24 months). The company paid $16,000 cash finders' fees and issued 400,000 broker warrants exercisable at $0.05 for five years. Securities are subject to a four-month hold period.

Proceeds are earmarked for exploration on Newfoundland and Ontario properties, including the Ogden Gold Project, with expenditures qualifying as flow-through mining expenses under the Canadian Income Tax Act.

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Metals Creek Resources (MCREF) intends to complete a non-brokered flow-through private placement subject to TSX Venture Exchange approval to raise up to $200,000.

The plan is to issue up to 5,000,000 FT Units at $0.04 per unit. Each FT Unit comprises one flow-through common share and one-half warrant; each whole warrant will allow purchase of one non-flow-through common share at $0.06 for 24 months. FT Shares will carry applicable Canadian tax benefits. The company may pay finders' fees in cash, securities, or both, and all securities issued will be subject to a four-month hold period.

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Metals Creek (MCREF) filed for final TSX Venture Exchange approval of a previously announced private placement and closed a second and final tranche on December 10, 2025.

The two tranches total 10,025,000 flow-through units and 7,500,000 non-flow-through units for aggregate gross proceeds of $663,500. The company paid $43,050 in cash finder's fees and issued 1,137,500 non-transferable broker warrants. FT Units consist of one flow-through share plus 1/2 warrant (full warrant exercisable at $0.06 for 2 years); NFT Units consist of one share plus one warrant exercisable at $0.06 for 5 years.

All securities are subject to a four-month hold and the financing remains subject to final Exchange approval. Proceeds from FT Units will fund exploration on Metals Creek's Newfoundland and Ontario properties, including prospecting at the Ogden project, with expenditures to qualify as flow-through mining expenses under Canadian tax rules.

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Metals Creek (OTC: MCREF) completed a surface trenching program at the Naybob West zone, 400m west-northwest of the past-producing Naybob gold deposit on the Ogden project in Timmins, Ontario.

Trenching expanded mineralization along strike to the east and west, tracing mineralization for approximately 70 meters within a broad alteration package with a minimum width of 30m. The program collected 60 surface grab samples and conducted six soil lines. The Ogden project is a 50/50 joint venture with Discovery, with Metals Creek as operator. Assay results are pending from Activation Laboratories.

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Metals Creek Resources (TSXV: MCREF) received conditional TSX Venture approval for a non-brokered private placement of flow-through and non-flow-through units to raise up to $1,000,000.

The financing contemplates up to 12,500,000 FT Units at $0.04 and 14,285,714 NFT Units at $0.035. Each FT Unit includes one FT share plus 0.5 warrant (exercise $0.06, 24 months). Each NFT Unit includes one share plus one warrant (exercise $0.06, 60 months). The Company closed a first tranche issuing 7,500,000 NFT Units and 8,625,000 FT Units for aggregate gross proceeds of $607,500.

Proceeds from FT Units will fund exploration on Newfoundland and Ontario properties, including the Ogden Gold Project. Securities are subject to a four-month hold and the financing is subject to final TSXV approval.

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Metals Creek (OTC:MCREF) reported follow-up prospecting results from the Careless Cove property, Newfoundland, on November 4, 2025. Surface grab samples returned gold (Au) from 0.07 to 10.534 g/t and associated antimony (Sb) up to 2.3% across two sample clusters ~82 m apart. Previous Sb results were up to 0.27%.

Mineralization is hosted in silicified sediments with vuggy quartz, pyrite, arsenopyrite and stibnite; Sb occurs in crosscutting veins. Samples were analyzed by Eastern Analytical (ISO 17025). The company received a trenching permit to further evaluate the Careless Cove Road Zone and plans additional Sb sampling of prior high-grade Au occurrences.

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Metals Creek (OTCQB: MCREF / TSXV: MEK) reported results from a second-phase prospecting/mapping program at the Naybob West zone on the Ogden Gold Project in Timmins, Ontario on October 28, 2025. Phase II collected 17 surface samples returning assays from 0.054 g/t to 12.3 g/t Au, expanding previously reported high-grade results. The Naybob West alteration zone shows a structural flexure and remains open east and west. The Ogden Project is a 50/50 joint venture with Discovery, covers 8 km of the Porcupine-Destor Break, and the company is planning a trenching program to further test strike and orientation.

All samples were analyzed by Activation Laboratories using fire assay with AAS finish; a qualified person reviewed the disclosure.

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FAQ

What is the current stock price of METALS CREEK RES (MCREF)?

METALS CREEK RES (MCREF) last closed at $0.02934.

What is the market cap of METALS CREEK RES (MCREF)?

The market cap of METALS CREEK RES (MCREF) is approximately $8.4M.