Last C$0.05 CAD
Change Today +0.01 / 25.00%
Volume 635.0K
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As of 3:59 PM 05/17/13 All times are local (Market data is delayed by at least 15 minutes).

metals creek resources corp (MEK) Snapshot

Open
C$0.04
Previous Close
C$0.04
Day High
C$0.05
Day Low
C$0.04
52 Week High
07/9/12 - C$0.08
52 Week Low
03/20/13 - C$0.04
Market Cap
4.9M
Average Volume 10 Days
184.8K
EPS TTM
C$-0.03
Shares Outstanding
98.6M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for METALS CREEK RESOURCES CORP (MEK)

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metals creek resources corp (MEK) Details

Metals Creek Resources Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of mineral resource properties in Canada. The company’s projects primarily focus on gold, base metals, uranium, and platinum group metals. It has a 50 % interest in the Ogden Gold Property located south of Timmins, Ontario. The company also holds interests in other mineral resource properties located in Ontario, Newfoundland, Labrador, and Yukon. Metals Creek Resources Corp. is based in Thunder Bay, Canada.

metals creek resources corp (MEK) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: C$414.5K
Chief Financial Officer, Director, Chairman o...
Total Annual Compensation: C$27.2K
Compensation as of Fiscal Year 2011.

metals creek resources corp (MEK) Key Developments

Metals Creek Resources Corp. Amends By-Laws

Metals Creek Resources Corp. announced that its board of directors has approved amendments to the company's by-laws to introduce an advance notice requirement in connection with shareholders intending to nominate directors in certain circumstances. The Advance Notice Procedures set forth a procedure requiring advance notice to the company by any shareholder who intends to nominate any person for election as director of the company other than pursuant to (i) a requisition of a meeting made pursuant to the provisions of the Business Corporations Act (Ontario) (the "OBCA"), or (ii) a shareholder proposal made pursuant to the provisions of the OBCA. Among other things, the Advance Notice Procedures set a deadline by which such shareholders must notify the Company in writing of any intention to nominate directors prior to any meeting of shareholders at which directors are to be elected and set forth the information that the shareholder must include in their notice for it to be considered valid.

Metals Creek Resources Corp. Reports Results from Additional Four Holes of its Recently Completed Diamond Drill Program on the Ogden Gold Project in Timmins, Ontario

Metals Creek Resources Corp. reported results from an additional four holes of its recently completed diamond drill program on the Ogden Gold Project in Timmins, Ontario. The drill program consisted of a total of eight holes targeting the Thomas Ogden (TOG) Zone which were designed to test the on-strike and down dip extent of the gold mineralization. Highlights from these latest holes were from Hole TOG 13-24, which returned three separate gold zones with the upper zone returning 3.91 g/t gold over 11.40 meters (including a higher grade interval of 8.7 g/t over 3 meters). The mineralizaton is hosted within strongly albitized sedimentary rocks and silicified porphyry units containing 1 to 4% finely disseminated pyrite and local arsenopyrite. Including the results from the first hole, final results have now been received for 5 of the 8 holes. The initial hole, TOG-13-27, released earlier on April 10, 2013, included a high grade intercept of 49.96 g/t gold (uncut) over 9.0m including 434.77 g/t gold over 1.0m. A summary of the latest results: TOG-13-24: 11.4m down hole intercept of 3.91 g/t gold including 8.7 g/t gold over 3.0m. A second zone of mineralizaton includes a down hole intercept of 7.6m of 1.01 g/t gold. A third zone of mineralization returned a down hole intercept of 20.8m of 1.32 g/t gold. TOG-13-23: 5.78m down hole intercept of 1.08 g/t gold including 2.31 g/t gold over 2.25m. TOG-13-26: 10.55m down hole intercept of 1.43 g/t gold. This hole was unable to be completed to the target due to ground conditions. TOG-13-28: 38.23m down hole intercept of 0.36 g/t gold. Samples with fire assay results above 1.0 g/t gold are re-analyzed using a gravimetric finish and samples with fire assay results above 5.0 g/t gold or samples showing visible gold are analyzed using the pulp metallic method.

Metals Creek Resources Corp. Auditor Raises 'Going Concern' Doubt

Metals Creek Resources Corp. filed its Annual on Apr 22, 2013 for the period ending Dec 31, 2012. In this report its auditor, Wasserman Ramsay, gave an unqualified opinion expressing doubt that the company can continue as a going concern.

 

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