MEK Receives $173,372.07 NSR Payment for Tilt Cove

METALS CREEK RESOURCES RECEIVES $173,372.07 NSR PAYMENT FOR TILT COVE

Toronto, October 18, 2011.  Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce that the Corporation has received its first NSR payment from Rambler Metals and Mining (AIM:RMM, TSXV: RAB) for the processing of gold bearing material from the East Mine stockpile on Metals Creek’s 100% owned Tilt Cove Property located in Newfoundland. Processing of the stockpile at Rambler’s Nugget Pond facility is subject to a previously announced NSR agreement (see News Release January 11, 2011) to process gold bearing material from the East Mine stockpile. This NSR agreement applies only to the East Mine stockpile and none of the remaining property. To date, 20,882 wet metric tonnes of material have been processed at a grade of 1.79 g/t gold. Between 20,000 and 30,000 tonnes remain in the stockpile, however this processing was put on hold in August due to a shortage of Sodium Cyanide when a major North American supplier of Sodium Cyanide declared “Force Majeure” (which has since been lifted).

Metals Creek also wishes to advise that the Corporation has completed a compilation of the past producing Tilt Cove Mine and surrounding copper/gold zones. This work includes digitizing of historic drill hole information and previous underground development. A new 3D model of the copper/gold mineralization will be generated to get a better understanding of what mineralization remains as well as highlighting areas of exploration potential.  The Cliff Zone which has a historic non 43-101 compliant resource of 1 million tonnes of 1% copper will also be incorporated into this 3D model. Once the model is complete the Corporation hopes to initiate a diamond drill program in the hopes of confirming and expanding on the current historic resource as well as determining the gold content within the known copper mineralization.

The Tilt Cove Mine operated between 1864 and 1917 and again between 1957 and 1967 producing a reported 8,160,000 tonnes at 1% to 12% Copper. Gold and Nickel were also produced. To the best of Metals Creeks knowledge, this is the first time all drill hole data has been digitized.

Michael MacIsaac, P.Geo and VP 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”.  Metals Creek can 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 company’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
Metals Creek Resources Corp
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com
WWW.metalscreek.com