Original News Release
Metals Creek acquires 0.5% NSR on Tillex property
Mr. Alexander Stares reports
METALS CREEK ACQUIRES 0.5 % NSR ON THE TILLEX PROPERTY FROM BLUE MOON METALS INC. (FORMERLY SAVANT EXPLORATIONS LTD.)
Metals Creek Resources Corp. has acquired the 0.5-per-cent net smelter royalty (NSR) from Blue Moon Metals Inc. (formerly Savant Explorations Ltd.) on the Tillex property located in Currie township, 65 kilometres east of Timmins, Ont.
On the Nov. 29, 2008, Metals Creek and Savant entered into a purchase agreement pursuant to which Metals Creek acquired the 85-per-cent interest in the Tillex property owned by Savant subject to a 0.5-per-cent NSR in favour of Savant which Metals Creek had the right to purchase.
In accordance with the agreement, Metals Creek has exercised its right to acquire the 0.5-per-cent NSR in consideration of the issuance of 50,000 Metals Creek common shares to Blue Moon.
This transaction is subject to TSX Venture Exchange approval.
About Metals Creek Resources Corp.
Metals Creek Resources is a junior exploration company incorporated under the laws of the Province of Ontario, is a reporting issuer in Alberta, British Columbia and Ontario, and has its common shares listed for trading on the exchange under the symbol MEK. Metals Creek has earned a 50-per-cent interest in the Ogden gold property from Newmont Corp., including the former Naybob gold mine, located six kilometres south of Timmins, Ont., and has an eight-kilometre strike length of the prolific Porcupine-Destor Fault (P-DF).
Metals Creek also has multiple quality projects available for option which can be viewed on the company's website.
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