Northwire Canada EditionFriday, July 10, 2026
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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 Continues to See Encouraging Visuals in Third Drill Hole at the Ogden Gold Project, Completes Drill Program

Metals Creek drilled visible gold at the Ogden deposit, though liquidity constraints and dilution risks overshadow the incremental exploration results.

By The Northwire Desk — AI Analysis Jun 11, 2026 · 07:31 MEK · 0.045 Metals Creek Resources Corp.
Executive Summary
  • Metals Creek Resources Corp. announced the completion of its latest drill program at the Ogden Gold Project in Timmins, Ontario, reporting visible gold (VG) intersections in all three holes.
  • Hole TOG-26-77, the deepest in the campaign, intersected visible gold at 350.36m within highly silicified felsite, reinforcing the spatial link between high-grade mineralization and the Thomas Ogden (TOG) fold structure.
  • Full 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.
  • The release also highlights a new 50/50 joint venture with Benton Resources to explore natural white hydrogen and helium projects in Newfoundland, targeting the Smoking Gun and Parson's Pond prospects based on historical helium anomalies up to 8,900 ppb.
  • Historical context remains strong, with prior intercepts including 210.19 g/t Au over 12.53m (TOG-13-25) and 13.07 g/t Au over 2.88m (TOG-11-08).
Material Impact
  • The news is a standard exploration update that confirms the drill program is progressing as previously announced in April and May 2026. It is expected and incremental.
  • Visible gold is a qualitative indicator. Without assay results, it cannot be quantified into an economic resource or significantly alter the company's valuation.
  • The Newfoundland hydrogen JV is a speculative diversification play. While the geological indicators (helium anomalies, serpentinization, gas venting) are interesting, the project is in the earliest staking and soil gas sampling phase. It does not provide near-term revenue or cost relief.
  • The release does not address the company's severe liquidity constraints or provide new capital. It is a routine positive that validates exploration strategy but lacks material financial or operational impact.
MEK · Price
Company Overview
  • Metals Creek Resources Corp. is a junior exploration company with no operating revenue, focused on advancing gold and critical metal projects in Canada.
  • Flagship Project: Ogden Gold Project (50% interest, operator) in the Timmins Gold Camp, Ontario. The property sits on the Porcupine-Destor Break with an 8km strike length. It features six identified mineralization zones (Naybob North/South/West, Porphyry Hill, TOG, TOG West) and a conceptual exploration target at Naybob South (750–1,000 kt @ 3.5–4.5 g/t Au).
  • Other Assets:
  • Tillex Copper Project: 85% interest sold to Aruma Resources in Jan 2026, retaining a 1% NSR royalty and equity upside.
  • Yellow Fox Critical Metals: Optioned to Lomiko Metals for REE exploration, with recent soil assays showing strong HREE/LREE ratios.
  • Newfoundland Hydrogen Projects: Newly staked 50/50 JV with Benton Resources targeting natural white hydrogen and helium.
Read the original news release →

More from Metals Creek Resources Corp.

Jun 30, 2026 · 16:21

Metals Creek secures $1m financing to fund ogden drilling and newfoundland hydrogen sampling.

Financings Jun 25, 2026 · 08:31

Metals Creek’s High-Grade Ogden drill hit validates the structural model despite narrow width and going concern risks tempering near-term upside.

Drill Results Jun 23, 2026 · 08:31

Metals Creek advances hydrogen-helium sampling in Newfoundland while Ogden gold drilling yields visible intersections.

Drill Results Jun 04, 2026 · 07:31

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

Drill Results Jun 01, 2026 · 07:30

Metals Creek Expands Hydrogen-Helium Footprint in Newfoundland as Ogden Gold Drill Program Looms

Drill Results May 19, 2026 · 16:56

Metals Creek Secures Funding for Timmins Drill Program Amidst Dilutive Financing Cycle

Financings