Metals Creek Dusts Off Yellow Fox Antimony/Gold Project

Metals Creek Dusts Off Yellow Fox

Antimony/Gold Project

Thunder Bay, Ontario--(Newsfile Corp. - September 30, 2024) -

Metals Creek Resources Corp.

(TSXV: MEK) (FSE: M1C1) (the "Company" or Metals Creek),

announces the Company has begun

a re-evaluation of the Yellow Fox Antimony/Gold project located in the central Newfoundland Gold belt

and 26.5 kilometers northeast of the Beaver Brook Antimony mine. Antimony prices have seen a

significant increase over the last month with speculation of a potential supply shortage.

China recently has indicated it will place export restrictions commencing September 15 on antimony

related products.

With China accounting for 48% of global production, these supply restrictions will

necessitate alternate sources of antimony especially for the United States who is one of the largest end

users. The defense industry is one of the largest end users for antimony as well as the electronics

industry.

Initial prospecting on the Yellow Fox property by Metals Creek personnel in 2011 resulted in a

concentration of highly anomalous gold values with a single sample returning 59.41grams per tonne (g/t)

Au from the main Yellow Fox Showing. Soil sampling and mechanical trenching was completed across

the mineralization with 13 selective grab samples collected. Values ranging from 0.214g/t to 1.877g/t

gold and up to 11.1% Antimony (Sb), 5.5% Lead (Pb), 7% Zinc (Zn) and 72.9g/t Silver (Ag) were

returned. Subsequent channel sampling was carried out. The best results from channel sampling were

0.306g/t Au over 26.82m within 29 continuous samples and 4.57% Sb over 1m. Mineralization consists

of pyrite, arsenopyrite, stibnite, sphalerite and galena and is hosted within a muscovite altered

monzogranite along north-northeast trending structures. Structural zones show strong carbonate

alteration with sulphide bearing stringers to veins of stibnite and arsenopyrite.

Mineralization at Yellow

Fox exhibits similar traits to that of the past producing Beaver Book Antimony Mine with the presence of

Gold, silver, galena, sphalerite, stibnite and arsenopyrite. Of particular note is the highly anomalous gold

values associated with the stibnite mineralization which further adds to the exploration potential with gold

prices increasing over the last several months. Beaver Brook currently has a resource of 533,370 tonnes

@ 4.17% Sb remaining at East Zone based on latest literature (Source: Mineral Occurrence

Database/NFLD Gov't/National Inventory Number (002D111/Sb 003/Record Number 4417/2013).

The surface grab samples mentioned in this news release are selective by nature and are unlikely to

represent average grades on the property.

Yellow Fox has not seen any drilling to date.

Figure 1: Property location map for Yellow Fox, Clarks Brook and Careless Cove

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/943/225011_311e5e8ae405b80d_002full.jpg

Figure 2. Photo of stibnite mineralization from yellow fox

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/943/225011_311e5e8ae405b80d_003full.jpg

Figure 3: Photo of Yellow fox showing in outcrop

To view an enhanced version of this graphic, please visit:

https://images.newsfilecorp.com/files/943/225011_311e5e8ae405b80d_004full.jpg

CLARKS BROOK GOLD PROJECT

The Clark's Brook Property is located in central Newfoundland, 25 km west of Glenwood and was

originally staked in 2016 to cover two untested gold showings. Limited drill testing subsequent to the

property acquisition had significant results up to 1.004 g/t Au over 25.8 m and 26.878 g/t Au over 0.25m.

The 100% owned property consists of 31 claim units (7.7 sq. km), surrounded by New Found Gold's

Queensway Project.

Previous drilling tested the Clark's Brook East zone in ten holes. (see MEK press release dated 23

August 2017) Results include numerous gold intersections as tabulated below:

Hole

From

To

Length

Au g/t

CB-17-01

99.2

99.5

0.3

5.583

and

100.85

102.4

1.55

2.372

CB-17-02

127.75

130.75

3

3.369

incl

127.75

128

0.25

26.878

CB-17-03

33.4

34.15

0.75

1.252

and

51.4

51.9

0.5

3.364

CB-17-04

107.35

108.05

0.7

1.546

and

117

118.55

1.55

2.339

CB-18-05

113.2

116.3

3.1

3.744

incl

113.2

113.8

0.6

14.735

and

125.75

126.5

0.75

1.113

CB-18-06

85

85.5

0.5

1.36

and

106.6

123.1

16.5

0.942

incl

106.6

110.9

4.3

2.453

CB-18-07

97.15

97.65

0.5

1.936

and

118.25

120.65

2.4

1.354

and

161.35

162.65

1.3

0.77

CB-19-08

33

33.6

0.6

3.319

and

46.65

53.3

6.65

1.186

and

63.8

89.6

25.8

1.004

incl

73.6

80

6.4

2.045

and

85.8

88.8

3

2.263

and

110.05

110.45

0.4

1.946

and

142

145

3

2.614

and

435.5

437.4

1.9

1.512

Note- Drill results, as reported by Sokomon, are drill widths only, as the information is not adequate to

calculate true widths. Analysis techniques are described in the previously quoted press release.

In October 2022, MEK conducted a small prospecting program on Clark's Brooke West which

returned

assays up to 10 grammes per tonne (g/t) Gold (Au) (See MEK News Release October 27, 2022).

Clark's Brook West Zone has not been drill tested to date.

CARELESS COVE GOLD PROJECT

Prospecting by MEK (2020) on the Careless Cove block uncovered mineralization composed of quartz

breccia with disseminated and vein hosted pyrite/arsenopyrite with minor stibnite. Grab sample results

of 7.39g/t, 0.47g/t and 4.15g/t Au were attained. Follow-up prospecting located rubble approximately

50m away from the initial outcrop returning assays of 7.37g/t and 11.83g/t Au.

Of particular note should be the presence of stibnite which is along the same general trend to that of the

Beaver Brook Mine.

No assaying has been performed for Antimony on careless cove.

The Careless Cove and Clarks Brook project are available for option.

N. Wayne Reid, P.Geo and Director for the Company 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.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. 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%

interest in the Ogden Gold Property from Newmont Corporation, including the former Naybob Gold mine,

located 6 km south of Timmins, Ontario and has an 8 km strike length of the prolific Porcupine-Destor

Fault (P-DF). In addition, Metals Creek owns and/or has option agreements in place to acquire a 100%

interest in claims in the Shabaqua Corners area of North western Ontario.

Metals Creek also has multiple quality projects available for option which can be viewed on the

Company's website. Parties interested in seeking more information about properties available for option

can contact the Company at the number below.

Additional information concerning the Company is contained in documents filed by the Company with

securities regulators, available under its profile at

www.sedarplus.ca

.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the

policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this

release.

Alexander (Sandy) Stares, President and CEO

709-424-1141

Metals Creek Resources Corp

MetalsCreek.com

Twitter.com/MetalsCreekRes

Facebook.com/MetalsCreek

To view the source version of this press release, please visit

https://www.newsfilecorp.com/release/225011