Mr. Alexander Stares reports
METALS CREEK RETURNS 40.61 G/T GOLD OVER 2.6 METERS AT OGDEN GOLD PROJECT IN TIMMINS, ONTARIO
Metals Creek Resources Corp. has released diamond drill results for one hole from the recently completed (see news release: June 11, 2026) three-hole diamond drill program at the Ogden gold project located in Timmins, Ont. The Ogden gold project is a 50/50 joint venture with Discovery Mining Ltd., with the company serving as the operator.
This program entailed three diamond drill holes totalling 1,233 metres targeting the lower portion of the Thomas Ogden zone (TOG) fold structure, which has a shallow easterly plunge. TOG is host to gold-bearing flat-lying quartz-bearing/siliceous secondary structures, as well as strongly altered conglomerates and felsites. The altered conglomerates and felsites host pyrite plus or minus arsenopyrite and local visible gold. High-grade gold mineralization within TOG has a strong preferential association with the TOG fold axis.
Drilling highlights include:
- 40.61 grams per tonne gold over 2.6 metres including 152 g/t Au over 0.6 m (TOG-26-75);
- Broad zone of mineralization with 8.43 g/t Au over 13.25 m (see table);
- Footwall felsic dike returned 0.58 g/t Au over 7.95 m.
TOG-26-75 returned a downhole intercept (326.60 to 329.20 m) of 40.61 grams per tonne gold over 2.60 metres, including 0.60 m (326.6 to 327.20 m) of 152 g/t Au, with strong visible gold. A broad zone of mineralization (see table) including lower-grade material returned a downhole intercept of 8.43 g/t Au over 13.25 m. This hole was designed to further define the down plunge extent of the high-grade gold mineralization associated with TOG fold structure, as well as test an area of the fold structure with limited data and no documented visible gold. VG was hosted within a highly silicified felsite unit with associated crosscutting quartz veinlets within hairline fractures. Mineralization consists of finely disseminated pyrite with associated strong silicification and local fuchsite. The Timiskaming conglomerate which hosts the felsite are strongly altered with pervasive albitization, abundant crosscutting quartz-carb veins and associated pyrite. The felsic dike at lower ultramafic contact returned a downhole intercept of 0.58 g/t Au over 7.95 m with associated pyrite and silicification.
Alexander (Sandy) Stares, president and chief executive officer, stated: "This program continues to build off the high-grade results from the last drill program at TOG. We have undertaken a more systematic approach to further defining the structural aspect with regard to the orientation of the gold-bearing veins utilizing structural data from previous campaigns. We are especially encouraged intersecting visible gold in all three holes as well as a strong pervasive alteration system."
Assay results for the two remaining holes will be released as they are received and compiled.
Michael MacIsaac, PGeo and vice-president, exploration, for the corporation and a qualified person as defined in National Instrument 43-101, is responsible for this release, and supervised the preparation of the information forming the basis for this release.
Core size in this program was NQ. Samples are cut in half, with half the sample being securely bagged and delivered to the lab for analysis, with the other half retained as a record. All split core samples were sent to Activation Laboratories located in Thunder Bay, Ont. The precious metals were analyzed utilizing a standard fire assay with an atomic absorption finish. As part of the corporation's quality assurance/quality control protocol, approximately 10 per cent of the samples submitted for assay were also sent for check assays. Standards and blanks were inserted randomly into the sample shipments as part of the sampling protocol. Samples with fire assay results above 1.0 g/t gold are reanalyzed using a gravimetric finish, and samples with fire assay results above 5.0 g/t gold or samples showing visible gold are analyzed using the pulp metallic method.
About Metals Creek Resources Corp.
Metals Creek 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 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.
Metals Creek has also jointly acquired through staking on a 50/50 basis with Benton Resources, potential natural white hydrogen projects in Newfoundland. The Smoking Gun prospect was selected after research uncovered highly anomalous helium with values up to 8,900 parts per billion in water collected from a historic drill hole. These licences are located within the Deer Lake basin, which is thought to be a prospective environment for the presence of helium and natural (white) hydrogen (H2).
At Parson's Pond, research of historical drill logs in two holes 14.2 kilometres apart has observed C1 methane gas levels reaching 72 per cent. The area is underlain by thrust-faulted rocks of the Humber Arm supergroup. Drill logs indicate unique sedimentary units composed of shales along with sandstones containing fragments of serpentine and chrome. Of particular interest is the presence of the mineral glauconite, which, combined with these geological indicators, suggests a highly prospective environment for the potential formation of white hydrogen (natural hydrogen) to form within the basin. The presence of such high concentrations of methane alongside hydrogen indicators suggests a potentially active gas system within the basin. In addition, surface areas have been noted to vent gas within the project boundaries.
We seek Safe Harbor.
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