metal

John Anderson Joins Metals Creeks Board of Directors, Lorne Woods Resigns

Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce that effective immediately, John Anderson has agreed to join the Metals Creek Board of Directors.

John Anderson is the Chairman of Purplefish Capital Management Limited ("Purplefish"), an independent Corporate Finance Advisory Firm with offices in Vancouver, Geneva, and Beijing. They also have strategic relationships with groups focused on Chinese markets. Over the past 25 years John has been instrumental in founding, helping fund, and managing numerous companies - and successfully raising over $500 million in equity for a number of public and private companies in the United States, Canada and Europe, and has been directly responsible for numerous IPO's and cross-border public listings. His specialty is identifying undervalued opportunities and investing capital into these initiatives.

Alexander (Sandy) Stares states "On behalf of the board of directors I am delighted to welcome John to the Metals Creek Team. As a past independent director of Newfound Gold and current director of Red Moon Resources, John is intimately familiar with Newfoundland projects and their potential. John's current role as Executive Chairman of Triumph Gold and tenacity of financing will certainly be a benefit to Metals Creek. John is a recent shareholder of MEK and his very long-term commitment to projects and gold is one shared by the Metals Creek Team."

Resignation:

Metals Creek also announces the resignation of Mr. Lorne Woods as a Director of the Company effectively immediately. "I would also like to very much thank Lorne Woods for a significant contribution to the Company over the years", stated Alexander Stares, President and CEO of Metals Creek. "We wish him great success in his future endeavours." Lorne will remain as an advisor to the company.

The Company also announces the grant of 500,000 incentive stock options to various directors, officers, and consultants of the Company. The Stock Options will be exercisable at $0.18 and will vest in accordance with the companies stock option plan.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is a junior exploration Corporation 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 50% interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine, located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor Fault (P-DF). In addition, Metals Creek has signed an agreement with Newmont Corporation, where Metals Creek can earn a 100% interest in the past producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.

Metals Creek also has multiple quality projects available for option in Ontario and Newfoundland which can be viewed on the Corporation's website. Parties interested in seeking more information about properties available for option can contact the Corporation at the number below.

Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under its profile at www.sedar.com.

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
telephone: (709)-256-6060
fax: (709) -256-6061
email: astares@metalscreek.com
www.MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/87171

News Provided by Newsfile via QuoteMedia

The Conversation (0)
Spartan Resources

New High-Grade Discovery – “Pepper” Prospect: 17.52m @ 15.86g/t Gold Incl. 9.22m @ 27.89g/t

Drilling immediately south of the Never Never Gold Deposit intersects a new high-grade lode with Never Never-style mineralisation and grades

Spartan Resources Limited (“Spartan” or “Company”) (ASX: SPR) is pleased to advise that it has discovered a new high-grade gold lode immediately south of the 952koz Never Never Gold Deposit at its 100%-owned Dalgaranga Gold Project (“DGP”) in the Murchison region of Western Australia.

Keep reading...Show less
Hand holding gold nugget.

What Makes a World-class Gold Deposit? (Updated 2024)

The world holds several hundred active gold mines, but not all are created equal.

The world’s largest gold operation by production is Barrick Gold (TSX:ABX,NYSE:GOLD) and Newmont's (TSX:NGT,NYSE:NEM) Nevada Gold Mines joint venture in the US. An important source of gold, the mining complex is comprised of 10 underground mines and 12 surface mines, including the famous Cortez and Goldstrike mines.

Apart from size, what makes a world-class gold deposit? Various characteristics must be considered when determining the status of a gold deposit, including deposit type, average grade and mining and processing costs. Read on to learn more about those three factors and how they can be used to identify world-class gold deposits.

Keep reading...Show less
  Far Northern Resources

North Queensland Exploration Update

Exciting High Grade Gold & Base metals on Granted Mining Lease. Up to 12.64 Cu (%) & 4.12g/t Au

Far Northern Resources Limited (ASX: FNR, “Far Northern Resources”, “the Company”) is pleased to provide an update on exploration activities at the Empire Project, located 34km west of Chillagoe in North Queensland Australia. The Empire Mining Lease (Empire) covers an area of 252 (ha). It has a JORC 2012 Resource and will be subject to 5000m of drilling over the next two years.

HIGHLIGHTS

Keep reading...Show less

B2Gold First Quarter 2024 Financial Results - Conference Call Details

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") will release its first quarter 2024 financial results after the North American markets close on Tuesday, May 7, 2024.

B2Gold executives will host a conference call to discuss the results on Wednesday, May 8, 2024, at 8:00 am PT / 11:00 am ET.

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Gold and copper bars.

5 Top Weekly TSXV Stocks: Juggernaut Exploration Steps Up with 56 Percent Gain

The S&P/TSX Venture Composite Index (INDEXTSI:JX) gained 3.38 points last week to close at 587.71.

The Bank of Canada announced on Wednesday (April 10) that it will hold its benchmark lending rate at 5 percent. It has now maintained that level for six consecutive meetings as it works to bring inflation down to its 2 percent target.

The bank's statement indicates that it believes inflation is moving in the right direction and is confident that it will be able to lower rates this year; this echoes language used by the US Federal Reserve at its March meeting.

Keep reading...Show less

Latest Press Releases

Related News

×