Tillex - ON
Metals Creek has entered into an option agreement with Kinross Gold Corporation on the Currie-Bowman Property, located 54 kilometers east of Timmins Ontario. With the agreement, Metals Creek can acquire 100% of the 60% participating interest currently held by Kinross; the remaining 40% interest is held by Selkirk Metals Holding Corp.
The property is located along an altered felsic fragmental horizon which hosts the Grindstone Creek Occurrence, a Au-Zn sulphide occurrence with a best drill intersection of 2.08 g/t Au over 18.9 meters including 3.95g/t Au, 132g/t Ag and 3% Zn over 2.1 meters.
The Currie-Bowman property is contiguous to Metals Creek recently purchased Tillex copper deposit. The Tillex deposit was originally discovered in 1973 by Westmin Resources Ltd., where 17 drill holes were completed and the claims were taken to a lease. A non 43-101 near surface resource of 1,338,000 tonnes grading 1.56% Cu was calculated in 1990 on the deposit by Pacifica Resources Ltd.
Metals Creek has recently completed an EM-MAG survey and a 2276m drilled program. Highlights of the drill program include TX08-002 97.05 m down hole intercept (30.95m to 128m) of 1.194% Cu including 37.05m (30.95m to 68m) of 2.583% Cu, TX08-004 81.13m down hole intercept (42.00m to 123.13m) of 1.83% Cu, including 27.00m (53.00 to 80.00m) of 2.73% Cu, and TX08-005 71.49m down hole intercept (51.51m to 123.00m) of 1.29 % Cu, including 34.29m (73.66m to 107.95m) of 2.16% Cu.

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July 6, 2010