Northwire Canada EditionSunday, November 8, 2026
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Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7% Gold 4,079.60 −0.8% Silver 51.94 −0.8% Copper 6.24 −0.5% Oil 90.83 +0.3% Palladium 1,017.10 −2.6% KRN 0.260 −7.1% GSKR 2.84 +5.6% ADE 0.125 +4.2% NRM 0.055 +0.0% BBB 0.520 −1.9% LGD 2.09 +1.9% DEC 0.110 +0.0% LCE 0.200 +0.0% NILI 0.515 −1.0% CDE 21.85 +6.7% CAN 0.045 +0.0% LORD 0.100 +0.0% HBM 29.49 +2.3% ELEF 0.265 +120.8% MUN 0.300 +0.0% SAGA 0.400 +6.7%
Drill Results

Metals Creek Mobilizes Drill to the Ogden Gold Project

Metals Creek Mobilizes Ogden Gold Drilling Following Financing Close; Tillex Sale Sharpens Portfolio Focus

By The Northwire Desk — AI Analysis Apr 30, 2026 · 08:02 MEK · 0.03 Metals Creek Resources Corp.
Executive Summary
  • Metals Creek Resources Corp. has mobilized a drill rig to the Ogden Gold Project in Timmins, Ontario on April 30, 2026.
  • The program targets the Thomas Ogden Zone with four specific drill holes utilizing 3D structural data from previous oriented core drilling.
  • Objective is to cross-cut gold-bearing quartz vein sets previously underrepresented due to sub-parallel drilling and determine plunge of an east-plunging fold structure.
  • Project is a 50/50 Joint Venture with Discovery Silver Corp., with Metals Creek acting as operator.
  • Historical highlights include TOG-13-25 (210.19 g/t Au over 12.53m) and Naybob South (9.24 g/t Au over 6.61m).
  • This follows a financing announcement on April 17, 2026, where the company closed the first tranche of a private placement raising $557,500 to fund exploration including Ogden.
Material Impact
  • The mobilization confirms execution of the Q1 2026 drill program previously announced on January 27, 2026 ("fully funded and preparing").
  • Financing closure (April 17) directly enables this drilling activity, removing immediate capital uncertainty for the project.
  • While positive, the news is incremental progress rather than a discovery or major asset acquisition; it validates management's ability to deploy capital as planned.
  • The 50/50 JV structure with Discovery Silver mitigates some exploration risk but caps Metals Creek's upside at 50% of any resource defined.
  • No immediate change in valuation is expected from mobilization alone, as market value typically reacts to assay results rather than rig movement.
MEK · Price
Company Overview
  • Metals Creek Resources Corp. is a junior exploration company listed on TSX Venture Exchange (TSXV: MEK).
  • Flagship Project: Ogden Gold Project, Timmins, Ontario.
  • Location: 8km strike length along the Porcupine-Destor Break; situated between Pan American Silver's West Timmins Mine and Discovery Silver's Dome Mine.
  • Ownership: 50% interest via Joint Venture with Discovery Silver Corp.; Metals Creek is operator.
  • Exploration Target: Naybob South Zone conceptual estimate of 750–1,000 kt @ 3.5–4.5 g/t Au.
  • Other Assets: Tillex Copper Project (sold to Aruma Resources in Jan 2026), Yellow Fox REE Property (Optioned by Lomiko Metals), Natural Hydrogen projects (Newfoundland).
Read the original news release →

More from Metals Creek Resources Corp.

Nov 05, 2026 · 07:30

Metals Creek expands its Newfoundland hydrogen land package with a low-cost option to support its ongoing exploration push.

M&A / Property Nov 04, 2026 · 16:02

Metals Creek files an $800,000 flow-through placement to fund drilling at its Ontario gold project.

Financings Oct 20, 2026 · 06:01

Metals Creek mobilizes drilling at its Ogden Gold Project in Timmins to continue its exploration push.

Drill Results Oct 08, 2026 · 07:29

Metals Creek signed a drilling contract for its Ogden Gold Project to target the Thomas Ogden Zone.

Drill Results Sep 15, 2026 · 17:56

Metals Creek advances early-stage exploration after TSXV clearance of its Newfoundland hydrogen land deal.

M&A / Property Sep 09, 2026 · 07:30

Metals Creek’s early-stage hydrogen-helium soil gas results validate exploration targets at its Newfoundland projects.

Drill Results