Metals Creek enters option deal for Black Ridge

Mr. Alexander Stares reports

METALS CREEK RESOURCES CORP. OPTIONS MINING INTERESTS IN THE SHEFFIELD LAKE AREA OF NEWFOUNDLAND

Metals Creek Resources Corp. has entered into an option agreement with Eddie and Roland Quinlan, local prospectors, to earn a 100-per-cent interest in the Black Ridge property, a group of 36 claim units (covering 900 hectares) located in the Sheffield Lake area of west-central Newfoundland. These claims are contiguous with a number of the Corporation's other claims and will be included in its Sheffield-Sops Arm Project which is presently being explored for its uranium potential.

Terms of the option agreement include making a series of staged option payments totaling $22,000 and issuing 110,000 shares to the vendors over two years, including a payment of $4,000 and the issuance of 25,000 common shares on signing. The optionors will retain a 2% net smelter royalty, 50% of which can be repurchased by the Corporation for $1,000,000. This option agreement remains subject to the approval of the TSX Venture Exchange approval.