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 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.
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.
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.