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Metals Creek Resources ( (TSE:MEK) ) has provided an update.
Metals Creek Resources has entered into an agreement with Lomiko Metals, allowing Lomiko to acquire a 100% interest in the Yellow Fox Property, comprising 28 mineral claims in Newfoundland. This transaction enables Metals Creek to concentrate on its flagship projects while maintaining a 2% NSR and shareholdings in Lomiko, thus retaining potential benefits from Lomiko’s success in the Yellow Fox project.
More about Metals Creek Resources
Metals Creek Resources Corp. operates in the mining industry, focusing on mineral exploration and development. The company is involved in a 50/50 joint venture with Newmont on the Ogden Gold Project and is also engaged in the Tillex Copper Project, with a strategic interest in mineral rights and exploration projects.
YTD Price Performance: -6.67%
Average Trading Volume: 320,669
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$5.23M
See more insights into MEK stock on TipRanks’ Stock Analysis page.
