Metals Creek Resources Corp. · TSXV:MEK
Metals Creek Resources — Corporate Update (April 2024)
25 slides from Metals Creek Resources's corporate update, April 2024
Slide 1: Ogden and Shabaqua Corners Gold Projects
Ogden and Shabaqua Corners Gold Projects
Slide 2: Forward-Looking Statements
Forward-Looking Statements – Certain statements included in this and unexpected problems during the development, construction and presentation are forward-looking statements which are made pursuant to start-up phases of the underground mine. For a more comprehensive the “safe harbor” provisions of t
Slide 3: Project highlights: Squid East, Ogden, Shabaqua Corners, Clark's Brook, Tillex
SQUID EAST AU-AG-PB 2.43g/t Au + 185g/t Ag + 0.47% Pb / 12.00m OGDEN AU 210.49 g/t Au / 12.53m SHABAQUA CORNERS AU 7 new gold showings CLARK’S BROOK AU 1.00g/t Au / 25.80m incl. 2.05g/t Au / 6.40m TILLEX CU 2.58% Cu / 37.05m
Slide 4: Ogden Au and Tillex Cu project map
= OGDEN AU FLINT LAKE AU : 210.49 g/t Au / 12.53m Grabs to 827g/t Au SHABAQUA CORNERS AU 21.60g/t Au / 6.65m New Au Discovery Channels of aaa 5.40g/t Au / 8.10m 1.04g/t Au / 18.70m and 9.24g/t Au / 6.61m 29.12g/t Au/ 0.75m TILLEX CU 1.19% Cu / 97.05m 1.83% Cu / 81.13m 1.65% Cu / 85.48m 2.16% Cu / 34
Slide 5: Shabaqua Corners Gold Project
Shabaqua Corners Gold Project
Slide 6: Shabaqua Corners Gold Project
Shabaqua Corners Gold Project Recently acquired 2023 Located approximately 52 kms west of Thunder Bay Along the same trend as Deltas’ New Eureka Discovery Initial round of prospecting yielded up to 45 g/t Gold in grab samples from Main Zone Claims adjoining Delta’s Eureka Property on MEK’s Eastern B
Slide 7: Shabaqua Corners Gold Project cont'd
Shabaqua Corners Gold Project cont’d Prospecting program resulted in the Discovery of several new gold showings including Echo Zone located northwest of Main Zone and returned assays up to 10.3 g/t Au and East Zone located at MEK’s eastern boundary returning assays up to 4.12 g/t Au. Initiated soil
Slide 8: Shabaqua Corners Gold Project location map
SHABAQUA CORNERS. GOLD PROJECT » METALS CREEK i RESOURCES ie ~ N kilometers CITY OF THUNDER BAY Former North Coldstream Mine Former ° Ardeen Au Mine ©) WAWA SUBPROVINCE SHABAQUA CORNERS GOLD PROJECT
Slide 9: Echo Zone and Main Zone map
288 200 rE 250,020 mE 25 200 mE T 231,007 NE ECHO ZONE Channeling of 1.04g/t Au / 18.70m *DL-22-22 drilled 2.74g/t Au/ 6.00m Delta Resources & grabs to 18.40g/t Au MAIN ZONE Trenched 29.4g/t Au / 0.60m and 6.96g/t Au /0.90m In chert/sulphide breccia kilometers 1 Ll Delta Resources—Eureka Zone * DL-2
Slide 10: Regional Schematic Longsection – Shabaqua Gold
Regional Schematic Longsection – Shabaqua Gold
Slide 11: Regional drill and trench results map
| Sources: *Delta Resources website f N. ** Mistango River Resources website 7 5 ‘i \y *** assessment report 2000019006 Mistango River Resources \ SS **GLD-009 drilled 2.03g/t Au / 4.90m =~ SY Mistango River Resources Delta Resources “*GLD-07-18 drilled 2.03g/t Au/9.70m Fs LARD *DL-22-22 drilled 2.7
Slide 12: Shabaqua Corners sampling
y / 345e/t 4 | | SHABAQUA CORNER SAMPDING, z i . rp Nie om 4 Le lee j A We io ; iasoene, fo Ores les gt . (1 ae “i, NEW DISCOVERY ECHO ZONE Volcanics =— =— = Zone of intense pervasive = = = Carbonate alteration @ June release grab samples & May 25th release grab samples meters
Slide 13: Shabaqua Corners soil and grab sample results
5,388,000 a 5,385,500 ml 5,385 000 mi 280,500 mE 287,500 mE 288,000 mE Soil_Comp Au_ppb @100 to 715 @ 50 to 100 © 40 to 50 @ 30t0 40 © 20 to 30 * 5to 10 Oto 5 WESTERN SHEAR ZONE Grabs to 18.1g/t Au | GRABS >100ppb Au METALS CREEK RESOURCES TSX-V: MEK SHABAQUA CORNERS GOLD PROJECT WESTERN SHEAR ZONE
Slide 14: Shabaqua Corners trenching results
Ante OB Si ABAGIIA CORNER Leo fe a I6.40g/t oe 4 T4408 Wi STRENGHING RESULTS: NEW DISCOVERY | ECHO ZONE 256g] Au MAIN ZONE | 12ig/t AU i ibs » 10:20g/t. Au TRENGLI 9 é 6eit, a 0, 90m [ lotele Auin8: Tomi st 28 i ‘Aut! 060m E etme SaeeES Lp 5010g/t Au 29. git 7 Ne j Ost 7 \ t%, peri: Au / 030m = 2 =
Slide 15: Echo Zone Mineralization
Echo Zone Mineralization Oo PROPOSED HOLES (o) Increased quartz vein content finely bedded mudstones 4.70g/t 9.10g/t 1.12¢/t fe ef — 5.48¢/t _ 0.30g/ 20g/t : 96/1 E J Fact a Wage oe Re _ | 2see/t 1.09g/t 0.78g/t Ww w ne — 1.91g/t ) 0.86g/t over 1.00m 1.04g/t over 18.70m Pervasive carbonate alteratio
Slide 16: Echo trench results
on mN 5,385,200 mN 5,385,800 mN 5,385,400 MN | _ METALS CREEK 287,000 mE SIGE S) T8108 /.7AU : EN hy i 18:50¢/.t7Au Q \ 1°47¢/t7Au 287,200 ME 287,400 mE 1 SrIABAQUA CORNER TRENCHING RESULTS ECHOTRI NesgeAn | EO Ln. RESOURCES TSX-V: MEK = carbonate alteration 2023 Trench boundary Zone of pervasive Gr
Slide 17: Western Shear Zone Mineralization
Western Shear Zone Mineralization
Slide 18: Delta's Trending Resistivity High - Shabaqua Gold
Delta’s Trending Resistivity High - Shabaqua Gold
Slide 19: Main Zone grab sample 42.8 g/t Gold
Main Zone grab sample 42.8 g/t Gold
Slide 20: Main Zone grab sample 29.4 g/t Gold
Main Zone grab sample 29.4 g/t Gold
Slide 21: Echo South grab sample 50.1 g/t Gold
Echo South grab sample 50.1 g/t Gold
Slide 22: Mineralized Echo Qtz-Carb Stockwork 10.3 g/t Au
Mineralized Echo Qtz-Carb Stockwork 10.3 g/t Au
Slide 23: Work to Date
Work to Date First piece of ground was acquired in Feb 2023 Work in 2023 has produced 200 grab samples by means of prospecting 116 soils collected resulting in numerous anomalies (highest is 715ppb Au at Western Shear Zone) Mechanical stripping resulted in 4 new discoveries to date (Echo South 50.1g
Slide 24: 2024 Work Plans
2024 Work Plans Will be commencing a 5-hole drill program within the next week to TARGET Main Zone and Echo Zone Continue following up on High Priority Soil Targets Conduct additional soil sampling and follow-up prospecting Detailed Geological Mapping with special emphasis on Structural Interp Furth
Slide 25: Key Characteristics for Gold Mineralization
Key Characteristics for Gold Mineralization Quartz-Carbonate stockwork with multiple generations of veins Strong correlation to golds grades with increased vein density Gold Mineralization hosted within pervasive carbonatization halo ranging 50-100m in width with pervasive overprinting of primary te
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