MEK and Rambler to process gold from surface material, Tilt Cove

Metals Creek Completes Agreement with Rambler Metals and Mining to Process Gold From Surface Material at the East Mine Dump, Tilt Cove

Toronto, January 19, 2011.  Metals Creek Resources Corp. (the “Corporation”, TSXV: “MEK”) is pleased to announce it has successfully negotiated an NSR agreement with Rambler Metals and Mining PLC (“Rambler”, TSXV: RAB, AIM: RMM) to process surface material located at the East Mine Dump, Tilt Cove, located on the northeast coast of Newfoundland and Labrador, Canada. The agreement will be such that Metals Creek will be paid a Net Smelter Return, or NSR, on any gold produced from this material. Rambler have indicated that the material will be processed in the second quarter, 2011 however the timing will be at Rambler’s discretion and it can discontinue the processing if problems are encountered. The agreement provides for payments of annual advanced royalties of $100,000 if the material has not been processed in the first year and Rambler wish to keep the agreement in good standing.
Highlights
• Historic resource estimate between 50,000 and 80,000 tonnes of unconsolidated material grading from 2 to 4 g/t gold.
• The East Dump material will be loaded and trucked to Rambler’s Nugget Pond mill, located 23 km from Tilt Cove, where it will be processed through its hydrometallurgical gold plant.
• Early metallurgical test results indicate a gold recovery of 96% after 24 hours leach residence time.
• Minimal operational costs with material already crushed and ready for transportation.
• The Corporation and Rambler are proceeding with government approval with an anticipated start date of Q2 2011.

Alexander (Sandy) Stares, President and CEO of Metals Creek states “The processing of the East Mine Dump Pile from the historic mining camp represents a great opportunity for Metals Creek to generate revenue with no risk involved”.

East Mine Dump Pile – Tilt Cove
The historic Tilt Cove mining camp saw production from 1864 to 1917 and then again from 1957 to 1967.  The second phase of mining produced nearly 7.4 million tonnes of high grade copper along with significant gold. With the exception of basic mineral exploration programs the property has lain dormant since its closure in the late 1960’s.
The planned work by Rambler will see trucking of the unconsolidated East Mine stockpile 23 kilometres to the company’s hydrometallurgical facility. The East Mine Dump Pile is considered to be the original regolith representing the surface expression of Tilt Cove’s East Mine deposit.  Recent assays from the stockpile reported 2 to 4 g/t gold while subsequent leachability test work indicated the gold leach extraction to be 96 % over a 24 hour period.  Further, a 600 tonne sample of the material was processed at the Company’s Nugget Pond Facility in November 2010 allowing for further test work and reagent optimization to be completed.
Once the project is officially registered and approved by the provincial authorities, Rambler is anticipating a start date late in Q2 2011.
All resource estimates are historic in nature and non NI43-101 compliant. As such the economic viability of the proposed operation has not been determined; these estimates should not be relied upon in any way.
Wayne Reid, P.Geo and VP Corporate Developement 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.

About Metals Creek Resources Corp.

Metals Creek Resources Corp. is 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 TSX Venture Exchange under the symbol “MEK”.  Metals Creek has an option to earn a 50 % interest in the Ogden Gold Property, including the former Naybob Gold mine,  located 6 km south of Timmins, Ontario and has a 8 km strike length of the prolific Porcupine-Destor Fault (PDF) that stretches between Timmins Ontario and Val’Dor Quebec. The Corporation is also engaged in the identification, acquisition, exploration and development of other mineral resource properties, and presently has mining interests in Ontario and Newfoundland and Labrador. Additional information concerning the Corporation is contained in documents filed by the Corporation with securities regulators, available under the Corporation’s profile at www.sedar.com.

 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.

For further information, please contact:
Alexander (Sandy) Stares, President and CEO
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com