Metals Creek Commences Drilling at the Ogden Gold Project

Metals Creek Resources Corp. (TSXV: MEK) (OTCQB: MCREF) (FSE: M1C1) (the "Company" or Metals Creek), is pleased to announce the Company has commenced drilling on the Ogden Gold Project in Timmins, Ontario. The Ogden Gold Project is a 5050 Joint Venture with Newmont Corporation ("Newmont"), with the Company serving as the operator.

The Thomas Ogden Zone (TOG) will be the main focus of this drill program with emphasis on further defining the orientation of high-grade cross cutting veins and mineralization as well as determining the spacial association of high-grade mineralization associated with cross-cutting structures and veins within these fold structures. Oriented core is being utilized. Assay results will be released as they are received and compiled.

Michael MacIsaac, P. Geo and VP Exploration for the Company and a Qualified Person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.

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 50% interest in the Ogden Gold Property from Newmont, including the past producing 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, under which Metals Creek can earn a 100% interest in the past producing Dona Lake Gold Project in the Pickle Lake Mining District of Ontario.

Additional information concerning the Company is contained in documents filed by the Company 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

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97544.

News Provided by Newsfile via QuoteMedia

Metals Creek Resources TSXV:MEK Gold Investing

James Henry Anderson: Gold Facing Tectonic Shift, US$2,400 Will Look Cheap

James Henry Anderson, senior market analyst at precious metals dealer SD Bullion, shared his thoughts on gold and silver, including what factors are moving the metals right now and where they could go in 2024.

In his view, the precious metals sector is undergoing a tectonic shift with far-reaching impacts. "Ultimately I think US$2,400 (per ounce gold) is going to be looked back in time as being cheap," he said.

Keep reading...Show less

NOVAGOLD Announces Date of its 2024 Virtual Annual General Meeting of Shareholders

NOVAGOLD's Annual General Meeting of Shareholders (the "Meeting") will be held virtually on May 16, 2024 at 1:00 p.m. PST
Shareholders may vote on matters before the Meeting by proxy, join the virtual Meeting and vote, and submit questions either during the webcast or in advance by email
Following the Meeting, Chairman Dr. Thomas S. Kaplan and President and CEO Greg Lang will host a virtual presentation centered on the Donlin Gold project, a premier Tier 1 gold development project ¹

NOVAGOLD RESOURCES INC. ("NOVAGOLD" or the "Company") (NYSE American, TSX: NG) will hold the Company's 2024 Annual General Meeting of Shareholders virtually on May 16, 2024 at 1:00 p.m. PST (4:00 p.m. EST). On this occasion, Shareholders will set the number of Directors at ten, elect Directors for the ensuing year, appoint external auditors, and cast a non-binding advisory vote on the Company's executive compensation program. Following the official Meeting, Chairman Dr. Thomas S. Kaplan and President and CEO Greg Lang will provide an overview of NOVAGOLD's 2023 achievements and provide their outlook for the remainder of 2024.

NOVAGOLD EXPRESSES GRATITUDE TO RETIRING DIRECTOR ANTHONY WALSH

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less

Principal Amount	A$1,000,000
Maturity Date	30 April2026
Interest	NIL
Discount to Principal Amount	A$100,000 (in lieu of interest)
Early Repayment	At the Company’s option at 110%of any outstanding balance of the Convertible Note within the first year after issue, and 115% in the second
Conversion	TheNote holder may convert all or partof any outstanding amount of the Convertible Note at a conversion price equal to: i)$0.04 per share; or ii)A 10% discount to the numericaverage of the lowest 5 daily VWAP’s in the 15 trading days prior to conversion which can not be less than $0.015 per share
Security	40,000,000 AAU shareson the issueof the Convertible Note which can be applied to any conversion.
Law & Jurisdiction	Queensland

Metals Creek Commences Drilling at the Ogden Gold Project

1. Contact Gold (TSXV:C)

2. Falco Resources (TSXV:FPC)

3. PPX Mining (TSXV:PPX)

4. Sun Peak Metals (TSXV:PEAK)

5. Bluestone Resources (TSXV:BSR)

Latest News

Latest Press Releases

Related News

TOP STOCKS