Metals Creek Resources Corp.

Ogden TWP - ON

Metals Creek has negotiated an option Joint Venture Agreement with Goldcorp Canada and Goldcorp Inc. (PJV) to earn a 50% interest in the Timmins West Property.   The property is located in Ogden Township and covers over 8 km of strike length on the Porcupine-Destor Break.  Gold production to the east of the Metals Creek option has exceeded 22 million ounces from a number of mines including Goldcorp's Dome Mine, which has produced almost 17 million ounces.  Five additional past producers occur along the Porcupine-Destor , between the Dome Mine and the Property that has seen past production ranging from 920,000 oz to 2,502,000 oz.  The Naybob Mine is located on the optioned property and has past Gold production of 50,731 oz of gold.

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The Porcupine-Destor Break is represented by a Timiskiming conglomerate and a sheared/alteration zone with smaller felsic intrusive plugs and sills emplaced in the structure. Drilling on the 8 km of strike length of the Porcupine-Destor Break is limited and there are four zones of gold mineralization outlined on the property including the Naybob North, Naybob South, Porphyry Hill and Thomas Ogden.   Recent drill intercepts include 4.37 g/t gold over 23.4m within porphyry style mineralization at Thomas Ogden.  The Corporation is recently completed a 7 hole 2210m drill program on the Thomas Ogden Zone.  Highlights include 3.28m of 9.41 g/t gold representing one of the deepest gold intercepts to date within TOG.  The deeper mineralization found within two separate zones is located both within porphyry style mineralization with associated pyrite, arsenopyrite and silicification as well as a second zone of mineralization at the Northern Ultramafic contact.  Additional results include near surface mineralization as follow-up to previously released intercepts including hole TOG-10-21 whith a drill intercept of 4.37 g/t gold over 23.4m.  The most recent results include 1.02 g/t gold over 35.45, located  25m west of hole TOG-10-21.  Results from the most recent program continue to expand both the near surface and deeper mineralization.  The deeper mineralization is located approximately 200m east of the near surface mineralization intercepted in hole TOG-10-21.  Additional line cutting and ground geophysics is currently  being performed on the western portion of the property to aide in the identification of new drill targets.

The Joint Venture Agreement allows for MEK to earn 50% of Goldcorp’s interest for exploration expenditures of $3.1 million over 4 years with staged option and share payments. The property will be then operated as a joint venture at a 50/50 level or at a 70/30 level if Goldcorp exercises a back in right to earn back a 20% interest by completing expenditures of $4.1 million.  Metals Creek is the operator during the earn-in stage and while it holds a 50% or greater interest.