Mr. Alexander Stares reports

METALS CREEK SEES ENCOURAGING VISUALS IN FIRST TWO DRILL HOLES AT THE OGDEN GOLD PROJECT

Metals Creek Resources Corp. has hit visible gold (VG) in the first two drill holes at the Ogden gold project in Timmins, Ont. The Ogden gold project is a 50/50 joint venture with Discovery Silver, with the company serving as the operator.

This program targeted the lower portion of a Thomas Ogden zone (TOG) fold structure which has a shallow easterly plunge. High-grade gold mineralization has a strong preferential association with the TOG fold axis and is commonly associated with flat-lying, quartz-bearing structures and zones of strong albitization, silicification and quartz flooding with associated disseminated pyrite. Drilling to date has identified high-grade gold mineralization associated with multiple generations of quartz veins. Structural data generated from the last drill campaign highlighted that one gold-bearing quartz vein trending subparallel to drill hole orientations, is potentially being underrepresented. This program rectified this by utilizing a different drill hole orientation designed to cross-cut this newly identified vein set as well as the other generations of gold-bearing veins.

TOG-26-75 was designed to further define the down-plunge extent of high-grade gold mineralization associated with a TOG fold structure highlights from previous drill campaigns include TOG 21-065A which returned a down hole intercept of 9.2 g/t (grams per tonne) gold (Au) over 4.47 metres (see news release dated Jan. 27, 2022) and TOG 22-74A which returned an down hole intercept of 3.66 g/t Au over 14.66 m (see news release dated Nov. 15, 2022). Hole TOG-26-75 encountered visible gold (VG) at 326 m. VG was hosted within a highly silicified felsite unit with associated cross-cutting quartz veinlets within hairline fractures.

TOG-22-76 also encountered VG hosted within a highly silicified felsite unit with associated disseminated pyrite. This hole also targeted the lower portion of the currently defined TOG fold structure. VG was observed in a zone of quartz flooding in several locations over 3.5 m.

Alexander (Sandy) Stares, president and chief executive officer, states: "Intersecting visible gold in these first two holes is highly encouraging and validates the potential that we believe TOG holds. These holes were designed to test areas where historical intercepts showed no visible gold in drilling, but due to the extensive alteration we now believe this area has a much higher potential which provides further confirmation that this area warrants significantly more drilling."

Assay results will be released as they are received and compiled.

The presence of visible gold in drill core is considered encouraging; however, it should not be considered a definitive indicator of gold grade or continuity of mineralization. Visible gold observations are qualitative in nature and may not be representative of overall gold distribution within the drill hole or across the property. Analytical assay results are required to determine the actual gold content of the sampled intervals.

The Ogden gold project is located within the Timmins gold camp and has over eight kilometres of strike length along the prolific Porcupine-Destor Break, the key conduit for gold mineralization in the Timmins camp. This project was acquired in November, 2008, when MEK signed an option joint venture agreement with Goldcorp (now Discovery Silver). Ogden is strategically located between Pan American Silvers' West Timmins mine and Galleon Golds West Cache development to the west and Discovery Silvers' Dome mine and mill complex, which is located eight km to the east. Currently there are six zones of mineralization identified Naybob North, South and West, Porphyry Hill, Thomas Ogden (TOG) and Thomas Ogden West with Naybob South, and TOG seeing the majority of the work. Highlights of drilling include 210.19 g/t gold over 12.53 m from TOG-13-25 (see Metals Creek news release dated May 22, 2013) and 9.24 g/t gold over 6.61 m from Naybob South (see corporation's website). Additional mineralization was discovered in drilling one kilometre west of TOG returning an intercept of 5.06 g/t gold over 2.60 m (see news release dated March 4, 2016) with a follow-up hole returning a down hole intercept of 4.96 g/t gold over 3.97 m including a second zone of mineralization assaying 1.43 g/t gold over 14.00 m (see dated Metals Creek news release date June 5, 2017). This further highlights the exploration potential on the western portion of the property, which is contiguous with Galleon Gold and has seen minimal work.

Michael MacIsaac, PGeo, and vice-president of exploration for the company 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 is a junior exploration company 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 has earned a 50-per-cent interest in the Ogden gold property including the former Naybob gold mine, located six kilometres south of Timmins, Ont., and has an eight km strike length of the prolific Porcupine-Destor fault (P-DF).

Metals Creek has also jointly acquired through staking on a 50/50 basis with Benton Resources, potential natural white hydrogen projects in Newfoundland. The Smoking Gun prospect was selected after research uncovered highly anomalous helium with values up to 8,900 parts per billion (ppb) in water collected from an historic drill hole. These licences are located within the Deer Lake basin, which is thought to be a prospective environment for the presence helium (He) and natural (white) hydrogen (H).

At Parson's Pond, research of historical drill logs in two holes 14.2 km apart, have observed C1 methane gas levels reaching 72 per cent. The area is underlain by thrust faulted rocks of the Humber Arm supergroup. Drill logs indicate unique sedimentary units composed of shales along with sandstones containing fragments of serpentine and chrome. Of particular interest, is the presence of the mineral glauconite, which, combined with these geological indicators, suggests a highly prospective environment for the potential formation of white hydrogen (natural hydrogen) to form within the basin. The presence of such high concentrations of methane alongside hydrogen indicators suggests a potentially active gas system within the basin. In addition, surface areas have been noted to vent gas within the project boundaries.