Northwire Canada EditionThursday, August 13, 2026
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CYG 0.150 +0.0% PHNM 0.390 +0.0% AWE 0.150 +30.4% FTZ 0.425 +1.2% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.90 −0.7% BEM 0.090 +0.0% MANU 0.255 +15.9% FL 0.430 −5.5% ICM 0.055 +0.0% AMCO 0.350 −1.4% MSR 0.440 +0.0% REVX 1.53 +0.0% CYG 0.150 +0.0% PHNM 0.390 +0.0% AWE 0.150 +30.4% FTZ 0.425 +1.2% PLY 0.055 +0.0% AZS 0.710 +0.0% RARE 9.05 +0.0% FOXT 0.160 −5.9% UCU 2.90 −0.7% BEM 0.090 +0.0% MANU 0.255 +15.9% FL 0.430 −5.5% ICM 0.055 +0.0% AMCO 0.350 −1.4% MSR 0.440 +0.0% REVX 1.53 +0.0%
Drill Results

Metals Creek, Lomiko extend anomalies, find gold

By The Northwire Desk — AI Analysis Sep 23, 2025 · 11:40 MEK · 0.025 Metals Creek Resources Corp.
MEK · Price

Executive Summary

  • Lomiko Metals’ Phase II soil sampling program on the Yellow Fox property identified a new gold showing (1.3 g/t Au) and extended multielement anomalies ≈ 500 m southward.
  • A total of 815 soil samples have now been collected (551 from Phase I + 264 from Phase II), confirming high‑priority Au, Sb, Ag, Zn, Pb, As, Fe, Mn, Ce anomalies trending north‑northeast.
  • The next work program includes line‑cutting, ground geophysics, surface trenching and REE testing to further delineate the newly discovered gold zone and associated structural targets.

Key Details

  • Phase II Sampling: 264 additional soil samples collected on 250 m spaced lines trending 110°, bringing total samples to 815.
  • Gold Showing: Single prospecting sample returned 1.3 g/t Au from a western “clam block” just west of the main Yellow Fox showing, hosted in carbonatized granite with disseminated pyrite.
  • High‑Priority Anomalies: Soil assays up to 59.4 g/t Au and multielement anomalies (Au, Sb, Ag, Zn, Pb, As, Fe, Mn, Ce) extended ~500 m south; trends north‑northeast, consistent with regional structural orientation.
  • Historical Grab Samples: Prior trenching yielded up to 59.43 g/t Au, 11.10 % Sb, 7.00 % Zn, 72.90 g/t Ag, 5.50 % Pb in arsenopyrite‑stibnite veins.
  • Future Work Plan:
  • Line‑cutting and ground geophysics (permits already received).
  • Surface trenching, channel sampling, and geological mapping at the new gold showing.
  • REE test package rerun on cerium anomaly to assess Nd, Pr, Sc, Ga, etc.
  • Additional soil lines (3‑5) south of the new gold anomaly to define its extent.
  • Regulatory/Funding Status: Newfoundland & Labrador mineral incentive program approved Lomiko’s application, designating Yellow Fox as a “critical minerals” exploration target and making it eligible for CMA and PCMA funding.
  • Qualified Persons: Release reviewed and approved by Gordana Slepcev (CEO & President, Lomiko Metals) and Wayne Reid (Director, MEK), both qualified under NI 43‑101.
  • Assay Methods: Soil samples dried and analyzed by ICP‑34 at Eastern Analytical Ltd.; rock samples fire‑assayed with ICP finish.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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