Metals Creek’s Yellow Fox Partner Uncovers Strong Rare Earth Anomalies in Newfoundland

Metals Creek Resources ( (TSE:MEK) ) has shared an announcement.

Metals Creek Resources reported that its option partner Lomiko Metals has identified multiple highly anomalous rare earth element (REE) soil anomalies at the Yellow Fox critical metals property in central Newfoundland, where Lomiko acquired the asset from Metals Creek in early 2025. Additional REE-focused assays from a Phase II soil sampling and prospecting program revealed total rare earth element values ranging from 1,683 ppm to 5,176 ppm, with strong enrichment in light and heavy rare earths including neodymium, praseodymium and dysprosium—key inputs for high-performance magnets used in wind turbines, electric vehicles, defense and advanced electronics. The REE anomalies, hosted within Mount Peyton monzogranite and trending parallel to previously outlined antimony-zinc-lead-silver anomalies, suggest a potentially significant mixed LREE-HREE mineralized system and add a second tier of untested targets at Yellow Fox, underscoring the property’s growing strategic importance in the critical metals supply chain and enhancing the exploration upside for both Metals Creek and its partner.

The most recent analyst rating on (TSE:MEK) stock is a Sell with a C$0.03 price target. To see the full list of analyst forecasts on Metals Creek Resources stock, see the TSE:MEK Stock Forecast page.

Spark’s Take on TSE:MEK Stock

According to Spark, TipRanks’ AI Analyst, TSE:MEK is a Neutral.

The score is held down primarily by weak financial performance (pre-revenue, ongoing losses, and persistent cash burn with a shrinking equity base). Technicals and recent exploration/financing updates provide some support, but valuation remains unattractive/indeterminate due to negative earnings and no dividend.

To see Spark’s full report on TSE:MEK stock, click here.

More about Metals Creek Resources

Metals Creek Resources Corp. is a mineral exploration company listed on the TSX Venture Exchange and the Frankfurt Stock Exchange, focused on advancing critical and precious metals projects through exploration partnerships and option agreements in Canada. The company’s portfolio includes properties prospective for antimony, base metals, gold, silver and now rare earth elements, positioning it to benefit from growing demand in green technology and strategic metals markets.

Average Trading Volume: 327,837

Technical Sentiment Signal: Hold

Current Market Cap: C$5.8M

For detailed information about MEK stock, go to TipRanks’ Stock Analysis page.