October 2, 2009

METALS CREEK RESOURCES CORP.CLOSES PRIVATE PLACEMENT

Toronto, October 2, 2009. Metals Creek Resources Corp. (the “Corporation”, TSXV: MEK) is pleased to announce that it has closed its previously announced private placement, with Dundee Securities Corporation acting as agent (the “Agent”).  Including the exercise of the Agent’s over-allotment option, the Corporation issued today 12,741,528 flow through common shares (“FT Shares”) at a price of $0.17 per FT Share and 6,330,000 units (“Units”) at a price of $0.15 per Unit for aggregate gross proceeds of to $3,115,560  (the “Offering”).  Each Unit is comprised of one common share and one common share purchase warrant, with each warrant entitling the holder thereof to acquire one common share of the Company at a price of $0.30 for a period of 24 months following the closing of the Offering.  In addition to a cash commission, the Corporation issued broker warrants to the Agent entitling the holder to acquire 1,106,340 common shares of the Corporation at a purchase price of $0.30 for a period of two years.

The proceeds from the sale of the FT shares will be used for exploration of the Corporation’s properties and the proceeds from the sale of the Units will be used for general working capital purposes.

All of the securities issued in connection with the Offering are subject to a hold period expiring on February 3, 2010.

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
telephone: (709)-256-6060
fax: (709)-256-6061
email: astares@metalscreek.com