Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

Metals Creek Sees Encouraging Visuals in First Two Drill Holes at the Ogden Gold Project

Metals Creek drilling validates Ogden targets while liquidity concerns persist for the company.

Executive Summary
  • Metals Creek Resources Corp. announced the first two drill results from its ongoing program at the Ogden Gold Project in Timmins, Ontario.
  • Both holes targeted the lower portion of the Thomas Ogden Zone (TOG) fold structure using a new orientation to cross-cut previously underrepresented gold-bearing quartz veins.
  • Drill hole TOG-26-75 encountered visible gold (VG) at 326m depth within a highly silicified felsite unit containing cross-cutting quartz veinlets.
  • Drill hole TOG-22-76 encountered VG over a 3.5m interval in a highly silicified felsite unit with disseminated pyrite and quartz flooding.
  • Historical high-grade intercepts at the project include 210.19 g/t Au over 12.53m and 9.2 g/t Au over 4.47m.
  • The project is a 50/50 joint venture with Discovery Silver, with Metals Creek acting as the operator.
  • Full analytical assay results are pending and will be released as they are compiled. Management notes that visible gold observations are qualitative and do not guarantee grade or continuity.
Material Impact
  • The news represents a routine exploration update that follows the April 2026 announcement of drill mobilization.
  • The discovery of visible gold in the first two holes validates the company's new drilling strategy and structural targeting model.
  • The results are incremental and do not alter the company's financial position, funding requirements, or strategic direction.
  • No material impact on the stock price is anticipated beyond standard exploration-driven interest, as the market was already aware of the drilling program and the qualitative nature of the findings.
  • The news aligns with previous expectations and does not introduce new catalysts or risks that would change the investment thesis.
MEK · Price
Company Overview
  • Metals Creek Resources Corp. is a junior mineral exploration company focused on acquiring and advancing high-quality gold and critical metal projects in Canada.
  • Flagship project: Ogden Gold Project, located in the Timmins Gold Camp along the 8km strike of the Porcupine-Destor Break.
  • The project features six mineralization zones, including Naybob North/South/West, Porphyry Hill, Thomas Ogden, and Thomas Ogden West.
  • Historical drilling has returned high-grade intercepts, and the company has outlined a conceptual exploration target of 750–1,000 kt @ 3.5–4.5 g/t Au at Naybob South.
  • The company also holds interests in the Tillex Copper Project (sold to Aruma Resources, retaining a 1% NSR), the Yellow Fox Critical Metals property (optioned to Lomiko Metals), and multiple Natural Hydrogen/Helium projects in Newfoundland (joint venture with Benton Resources).
Read the original news release →

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