Metals Creek just upped its private placement to $2.5M total.
Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1)
• $1M in regular shares at $0.05, plus warrants to buy more at $0.08
• $1.5M in tax-advantaged shares at $0.055 — buyers get a Canadian tax break
115.51 g/t gold over 9.85m, including 2,050 g/t over 0.50m, at Metals Creek’s Ogden Project in Timmins. Visible gold was observed. True widths remain unconfirmed.
Metals Creek Resources Corp. (TSXV: MEK) (OTC Pink: MCREF) (FSE: M1C1)
Final hole assays are pending.
Small Cap Shoutout: Metals Creek Resources $MEK Up 44% on 11.2M Shares
• Today’s release reported 115.51 g/t gold over 9.85 m
• Includes 356.85 g/t gold over 3.10 m and 2,050 g/t gold over 0.50 m
• 2nd-highest-grade intercept reported to date at the Ogden Gold Project
Longsection of drillholes on Metals Creek Resources Thomas Ogden Zone in the Timmins Gold Camp. Holes in Red are drill holes with Visible Gold in them.
Great to see Discovery Silver ramping up exploration in the Timmins Camp. Metals Creek has a 50/50 JV 8 km west of the Dome Mill that we will be drilling as soon as a drill becomes available. Exciting Times !!!
Divesting of these projects allows Metals Creek to focus on the Ogden Gold Project while maintaining exposure to these projects thru the Share issuance and Royalty. If they are successful, we are succesful.
https://t.co/8fIha9uuvo
Gold above $4800 US, Metals Creek trading very low IMO with a MC of $8,000,000 next door to Galleon Gold with a MC of $150,000,000. MEK is in the planning stage of an upcoming drill program in Timmins on the Ogden Gold Project.
Congrats to Galleon Gold on Closing of Oversubscribed $30M Financing with Orders from Pan American Silver and Eric Sprott. This map shows Metals Creeks Land position. Metals Creek is trading at $0.035 , extremely undervalued IMO. MEK's Ogden Gold Project east of the West Cache
Naybob West Zone is located 400m northwest of the past producing Naybob Gold Deposit on the Ogden Gold Project in Timmins, The Ogden Gold Project is a 50/50 Joint Venture with Discovery Silver Corp, with the Metals Creek serving as the operator.
https://t.co/xQ4fabXl86
Can you imagine finding a gold Zone with little to no work done on it in the heart of a renown gold camp (Timmins) and only 400 meters from a past producer?
Well that’s exactly what we have done at Metals Creeks’ Ogden Gold Project !!!!!
https://t.co/AIRXav1J3U
The last drilling on Metals Creeks Ogden Project was in 2022. TOG-22-74A returned a downhole intercept (351.40 – 366.06m) of 3.66 grammes per ton (g/t) gold (Au) over 14.66 meters (m) including 4.30m (361.76 – 366.06m) of 5.13 g/t Au, visible gold was noted in this intercept.