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 Returns 40.61 g/t Gold over 2.6 meters at Ogden Gold Project in Timmins, Ontario

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

Executive Summary

Metals Creek Resources Corp. (MEK) announced the first assay results from a 3-hole, 1,233-meter diamond drill program at its Ogden Gold Project in Timmins, Ontario. The results are part of a systematic campaign targeting the lower Thomas Ogden (TOG) Zone fold structure, building on prior visible gold observations in all three holes announced on June 4 and June 11, 2026.

Hole TOG-26-75 intersected 40.61 g/t Au over 2.60 meters, including a high-grade interval of 152 g/t Au over 0.60 meters. The intercept is hosted in a highly silicified felsite unit with visible gold, cross-cutting quartz veinlets, and pervasive albitization.

  • Hole TOG-26-75: 40.61 g/t Au over 2.60 meters, including 152 g/t Au over 0.60 meters

True thicknesses of the mineralization are currently unknown. Assays for the remaining two holes are pending.

Material Impact

Metals Creek Resources Corp. (MEK) announced results that serve as a direct follow-up to visible gold observations released earlier in June. The company confirmed the presence of high-grade gold but did not introduce fundamentally new information.

The reported intercept is narrow, measuring 2.60 meters downhole, and lacks a defined true thickness, which limits immediate resource potential. High-grade, narrow intervals are common in early-stage exploration and require extensive infill drilling to prove continuity.

The result validates the company's structural targeting approach but does not alter the project's exploration-stage status or the company's immediate capital requirements. Given the incremental nature of the data and the lack of true thickness or continuity metrics, the market impact is expected to be limited. The news aligns with prior expectations.

MEK · Price
Company Overview

Metals Creek Resources Corp. (TSXV: MEK) is a junior mineral exploration company with no operating revenue. Its flagship asset is the Ogden Gold Project, a 50/50 joint venture with Discovery Silver Corp. located in the Timmins Gold Camp along the Porcupine-Destor Break. The property features an 8 km strike length and six identified mineralization zones.

Additional assets include natural hydrogen and helium projects in Newfoundland, acquired with Benton Resources, the Yellow Fox REE property optioned to Lomiko Metals, and the Tillex Copper Project, which was sold to Aruma Resources with a retained royalty. The company is entirely focused on exploration and target generation, with no path to production currently defined.

Read the original news release →

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