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Metals Creeks' Option Partner Lomiko Continues to Expand on Newly Discovered REE Anomalies at the Yellow Fox Critical Metals/REE Property Located in Central Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - April 7, 2026) - Metals Creek Resources Corp. (TSXV...
About this update from Metals Creek Resources Corp.
[{"type":"text","content":"Metals Creeks' Option Partner Lomiko Continues to Expand on Newly Discovered REE Anomalies at the Yellow Fox Critical Metals/REE Property Located in Central NewfoundlandThunder Bay, Ontario--(Newsfile Corp. - April 7, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (FSE: M1C1) (the \"Company\" or Metals Creek) is pleased to announce that the Company has been advised of additional assay results by its option partner Lomiko Metals Inc., (Lomiko or TSXV: LMR). These results are from additional REE analysis from the recently completed Phase II soil sampling and prospecting program (See News Release September 23, 2025) on the Yellow Fox Antimony property and follow-up to the initial 7 samples assayed for REE's (See News release January 14, 2026). Lomiko acquired the Yellow Fox Project from Metals Creek in 2025. (See MEK news release dated January 21 2025).Highlights:Highly elevated Dysprosium (Dy) and Terbium (Tb) results. Both Dy & Tb are used in High Performance Magnets and are essential for high-heat magnet applications.Highly anomalous HREE + Y samples demonstrate a potential HREE enriched system.Pervasive Yttrium values in close spatial association with DysprosiumStrong HREE+Y/LREE Ratios indicate the higher value of REE projects as the HREEs are more sought after and entitle higher selling prices.Multiple samples exceeding HREE+Y/LREE ratios of 0.5, which is very rare.Recent success from the 2025 Phase II soil sampling program resulted in the identification of new REE anomalies (Cerium (Ce) and Lanthanum (La)). These positive results led to Re-Running seven samples with a rare earth ICP package resulting in highly anomalous Light Rare Earth Elements (LREE) and Heavy Rare Earth Elements (HREE) assays which are hosted within the Mount Peyton Intrusion. This new REE discovery prompted the submission of 32 additional samples for additional REE analysis which will form the basis of this release.Results from these 32 assays (See Table 2) continue to exhibit strong LREE enrichment (La-Ce-Pr-Nd-Eu) accompanied by highly elevated HREE (Dy-Tb-Ho-Er-Tm-Yb-Lu) including Yttrium (Y), over a minimum length of 1200m indicating a mixed LREE and HREE mineralized system hosted by what is interpreted to be a highly fractionated peralkaline granite. These peralkaline granites are considered to be one of the primary hosts for HR...