February 24, 2009

METALS CREEK RESOURCES CORP. IDENTIFIES DRILL TARGETS ON ITS TIMMINS OGDEN GOLD PROPERTY

 Toronto, February 24, 2009.  Metals Creek Resources Corp. (the “Corporation”, TSXV: “MEK”) is pleased to provide an update on it’s Ogden gold property in the Ogden and Deloro Townships, located approximately 6 km south of Timmins, Ontario (the “Property”).  The project is an Option Agreement (the “Agreement”) with Goldcorp Canada Ltd. and Goldcorp Inc. (“Goldcorp”) to jointly explore Goldcorp’s Ogden gold property.  The Corporation and Goldcorp had previously released details of this Agreement on December 2, 2008.
The claims cover 8 km of strike length along a portion of the Porcupine-Destor Break and six large past gold producers are within 3 to 8 km along strike to the east of the Ogden claims. These include the Delnite (920,000 oz), Aunor (2,502,000 oz), Buffalo-Ankerite (957,000 oz), Paymaster (1,192,000 oz), Preston (1,539,000 oz) and Goldcorp’s producing Dome Mine (plus 15,800,000 oz) (Source: Government of Ontario, MNDM, Gold Production in the Timmins Resident Geologist’s District to the end of 2006).  Recent discoveries in the district include Lake Shore Gold’s Timmins West Project, located 10 km to the west of the Property, along the same gold trend. This project is the focus of shaft sinking and underground development to access an Indicated Mineral Resource of 1,291,000 oz (Source: NR, TSX:LSG, Nov. 20, 2006).

The data compiled thus far on the Property has identified 3 historic zones of gold mineralization, including the Thomas Ogden Zone, the Naybob South Zone and the Naybob North Zone.  Both the Naybob South and Naybob North Zones have seen differing degrees of development and production which includes historic production of  50,731 oz of gold (Source: Government of Ontario, MNDM, Gold Production in the Timmins Regional Resident Geologist’s District to the end of 2006).   The Naybob North Zone was the focus of underground development down to 411m, including 11 levels, with the majority of the production occurring within the upper 6 levels.  The Naybob South Zone is located approximately 155m to the south and sub-parallel to Naybob North Zone and has seen substantially less development.  The Thomas Ogden Zone is located 4 km west of the Naybob mine.

Drilling in the past has been wide spaced and shallow with most of the drilling concentrated near the Naybob Mine and a cluster of shallow holes in the Thomas Ogden Zone.  Outside of these two areas has seen very little exploration drilling.  A linear 4km prospective IP (Induced Polarization) ground geophysical anomaly has been identified over a majority of the 4 km between the two zones and remains relatively untested and adds to the exploration potential for additional resource discovery on the property.

Compilation of historical data has highlighted a highly prospective drill target down plunge of the Naybob North mine workings.   This target is the continuation of gold mineralization mined within the upper levels of the Naybob Mine.  Several holes drilled within or below the lower portion of the mine workings returned significant gold intercepts that have not been followed up on(Source: Archived Nabob Mine Level Plans, MNDM, Timmins Resident Geologist District).  Results include down hole intercepts of:

4.88m of 9.53 g/t Au
4.12m of 12.13 g/t Au
1.37m of 24.00 g/t Au
1.07m of 6.61 g/t Au

To view Naybob North Longsection, please click here

 
These drill intercepts are open down plunge and provide an excellent opportunity for the Corporation to build upon these promising results.  Both confirmation and step out holes will be planned once a detailed compilation is completed over the whole property.  Additional gold mineralization remains within the upper levels that have not been mined, but it is uncertain as to what quantity remains due to the historic nature of this deposit.  Further investigation will take place including shallow drilling from surface testing the upper levels to help better define the grade and continuity of gold mineralization not previously mined.

The Naybob South Zone also provides an excellent exploration target with historic results including down hole intercepts of 5.37m of 6.33 g/t Au and 1.83m of 11.85 g/t Au. The exploration target remains open at depth and to the east with a coincident IP (Induced Polarization) ground geophysical anomaly.  Results from the Thomas Ogden Zone also include a down hole intercept of 2.4m of 5.7 g/t Au. Drilling will be initiated once data compilation has been completed and the various gold targets are prioritized

The Corporation cautions that all data included in this press release is historical in nature and has not been independently verified or validated by the Corporation.

Michael MacIsaac, P.Geo and Vice President of Exploration 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 Exchange under the symbol “MEK”. The Corporation is engaged in the identification, acquisition, exploration and development of 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 company’s profile at www.sedar.com.
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release.

For further information, please contact:
Alexander (Sandy) Stares, President and CEO
Metals Creek Resources Corp
telephone: (709)-256-6060