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Metals Creeks Provides Update on Tillex Copper Project

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Metals Creek Resources Corp. (TSXV: MEK) has completed a diamond drilling program at the Tillex Copper Project in Ontario. The program targeted near-surface mineralized areas to upgrade the current geological model. Chalcopyrite mineralization was intercepted in various rock types, including graphitic argillites, greywacke, dacites, and porphyry dikes. The company is encouraged by visual results, particularly chalcopyrite presence in feldspar porphyry dikes. Core samples are being sent for laboratory analysis.

The Tillex project hosts a historic non-compliant resource of 1,338,000 tonnes grading 1.56% Copper. However, this calculation does not meet current NI 43-101 standards and has not been independently verified by the

Metals Creek Resources Corp. (TSXV: MEK) ha completato un programma di perforazione a diamante presso il progetto minerario di rame Tillex in Ontario. Il programma ha mirato ad aree mineralizzate prossime alla superficie per migliorare il modello geologico attuale. È stata intercettata mineralizzazione di calcopirite in vari tipi di rocce, inclusi argilliti grafitici, greywacke, daciti e dikes porfirici. L'azienda è incoraggiata dai risultati visivi, in particolare dalla presenza di calcopirite nei dikes porfirici di feldspato. I campioni di nucleo vengono inviati per l'analisi in laboratorio.

Il progetto Tillex ospita una risorsa storica non conforme di 1.338.000 tonnellate con un grado dell'1,56% di rame. Tuttavia, questo calcolo non soddisfa gli attuali standard NI 43-101 e non è stato verificato indipendentemente da

Metals Creek Resources Corp. (TSXV: MEK) ha completado un programa de perforación con diamante en el Proyecto de Cobre Tillex en Ontario. El programa se centró en áreas mineralizadas cerca de la superficie para actualizar el modelo geológico actual. Se interceptó mineralización de calcopirita en varios tipos de roca, incluyendo argilitas grafíticas, greywacke, dacitas y diques porfiríticos. La compañía se siente alentada por los resultados visuales, particularmente por la presencia de calcopirita en los diques de porfirita de feldespato. Se están enviando muestras de núcleo para análisis de laboratorio.

El proyecto Tillex cuenta con un recurso histórico no conforme de 1.338.000 toneladas con una ley del 1,56% de cobre. Sin embargo, este cálculo no cumple con los estándares actuales de NI 43-101 y no ha sido verificado de manera independiente por

Metals Creek Resources Corp. (TSXV: MEK)는 온타리오의 틸렉스 구리 프로젝트에서 다이아몬드 시추 프로그램을 완료했습니다. 이 프로그램은 현재의 지질 모델을 개선하기 위해 표면 가까이의 광물화된 지역을 목표로 했습니다. 다양한 암석 유형, 즉 흑연질 점토암, 회색암, 다사이트 및 변성 리튬 암석에서 칼코파이리트 광물화가 발견되었습니다. 회사는 특히 장석 포퓰라이트에서의 칼코파이리트 존재에 대한 시각적인 결과에 고무되고 있습니다. 코어 샘플은 실험실 분석을 위해 전송되고 있습니다.

틸렉스 프로젝트는 구리 1.56%의 등급을 가진 1,338,000톤의 역사적인 비합치 자원을 보유하고 있습니다. 그러나 이 계산은 현재 NI 43-101 기준을 충족하지 않으며 독립적으로 검증되지 않았습니다

Metals Creek Resources Corp. (TSXV: MEK) a terminé un programme de forage au diamant au projet de cuivre de Tillex en Ontario. Le programme visait des zones minéralisées à proximité de la surface pour améliorer le modèle géologique actuel. Une minéralisation de chalcopyrite a été interceptée dans divers types de roche, y compris des argilites graphitiques, des grauwackes, des dacites et des filons porphyriques. La société est encouragée par les résultats visuels, en particulier la présence de chalcopyrite dans les filons de porphyre de feldspath. Des échantillons de carottes sont envoyés pour analyse en laboratoire.

Le projet Tillex possède une ressource historique non conforme de 1.338.000 tonnes avec un grade de 1,56 % de cuivre. Cependant, ce calcul ne respecte pas les normes actuelles NI 43-101 et n'a pas été vérifié de manière indépendante par

Metals Creek Resources Corp. (TSXV: MEK) hat ein Diamantbohrprogramm abgeschlossen im Tillex Kupferprojekt in Ontario. Das Programm zielte auf mineralisierte Bereiche in der Nähe der Oberfläche ab, um das aktuelle geologische Modell zu aktualisieren. In verschiedenen Gesteinsarten, einschließlich graphitischen Tonschiefer, Grauwacken, Dazit und Porphyrgängen, wurde Chalkopyritmineralisierung aufgezeichnet. Das Unternehmen ist von den visuellen Ergebnissen ermutigt, insbesondere von der Präsenz von Chalkopyrit in den Feldspatporphyrgängen. Kernproben werden zur Laboranalyse gesendet.

Das Tillex-Projekt verfügt über eine historische, nicht konforme Ressource von 1.338.000 Tonnen mit einem Gehalt von 1,56% Kupfer. Diese Berechnung erfüllt jedoch nicht die aktuellen NI 43-101-Standards und wurde nicht unabhängig verifiziert von

Positive
  • Completion of diamond drilling program at Tillex Copper Project
  • Intercepted chalcopyrite mineralization in various rock types
  • Encouraging visual results, especially in feldspar porphyry dikes
  • Historic resource estimate of 1,338,000 tonnes grading 1.56% Copper (non-compliant)
Negative
  • Historic resource estimate is not NI 43-101 compliant and unverified
  • Laboratory results from recent drilling not yet available

Thunder Bay, Ontario--(Newsfile Corp. - September 17, 2024) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek) is pleased to announce the completion of the previously announced (See News Release: September 5, 2024) diamond drilling program at the Tillex Copper Project located in Currie Township, 65 km east of Timmins, Ontario.

Drilling targeted near surface, mineralized, graphitic argillites and dacitic tuffs in an effort to upgrade areas of limited drilling and further upgrade the current geological model. During this drill program, chalcopyrite mineralization was intercepted within mineralized graphitic argillites, greywacke, dacites, and porphyry dikes as disseminated, stringer, blebby style and local narrow sections of semi massive chalcopyrite. Included in this release is a series of drill core photo's highlighting the different styles of chalcopyrite mineralization encountered in this program. The reader is cautioned that these photos are for illustration purposes highlighting the different styles of mineralization and do not represent mineralization through the entirety of the hole.

Management is highly encouraged with visual results from this program especially as illustrated below with chalcopyrite mineralization present within the feldspar porphyry dikes. Drill core is currently being cut and sent to the laboratory and results will be released once they are received and compiled.

The Tillex project is host to the Tillex copper deposit which was originally discovered in 1973 by Westmin Resources Ltd. A historic non 43-101 compliant near surface resource of 1,338,000 tonnes grading 1.56% Copper (Cu) was calculated in 1990 by Pacifica Resources Ltd (Source; Pacifica Resources Ltd., 2005-6 Canadian Mines Handbook, page 318). Mineralization is primarily as chalcopyrite with minor bornite and accessory lead, zinc and silver. However, management notes this calculation does not meet the standards as outlined in National Instrument 43-101, "Standards of Disclosure for Mineral Projects", and has not been independently validated or verified by the Corporation and should not be relied upon.

Michael MacIsaac, P.Geo and VP Exploration for the Corporation 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.

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Photo 1: Mineralized graphitic argillite with stringer, nodular and semi-massive chalcopyrite TX24-020

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Photo 2: Massive chalcopyrite within mineralized graphitic argillite Hole TX24-020

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Photo 3: Stringer chalcopyrite mineralization within graphitic argillite TX24-022

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Photo 4: Mineralized Argillite, wacke and porphyry with disseminated and stringer chalcopyrite TX24-022

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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 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 owns and/or has option agreements in place to acquire a 100% interest in claims in the Shabaqua Corners area of North western Ontario.

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

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
astares@metalscreek.com
Metals Creek Resources Corp
MetalsCreek.com
Twitter.com/MetalsCreekRes
Facebook.com/MetalsCreek

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/223558

FAQ

What did Metals Creek Resources Corp. (TSXV: MEK) recently complete at the Tillex Copper Project?

Metals Creek Resources Corp. recently completed a diamond drilling program at the Tillex Copper Project, located 65 km east of Timmins, Ontario.

What type of mineralization was encountered in the Tillex Copper Project drilling program?

The drilling program encountered chalcopyrite mineralization in various rock types, including graphitic argillites, greywacke, dacites, and porphyry dikes.

What is the historic resource estimate for the Tillex copper deposit?

The Tillex copper deposit has a historic, non-compliant resource estimate of 1,338,000 tonnes grading 1.56% Copper, calculated in 1990 by Pacifica Resources

When will Metals Creek Resources Corp. (TSXV: MEK) release the results of the recent Tillex Copper Project drilling?

Metals Creek Resources Corp. will release the results once the drill core samples have been analyzed by the laboratory and the data has been received and compiled.

METALS CREEK RES

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