Metals Creek Announces Sale of Tillex Copper Project as Part of Strategic Growth Plan

Metals Creek Resources Corp. has officially completed the sale of its Tillex Copper Project, marking a significant milestone in the company’s ongoing strategy to streamline its asset portfolio and focus on high-priority exploration opportunities. This transaction reflects Metals Creek’s commitment to disciplined capital management and long-term shareholder value creation.

Overview of the Transaction

The Tillex Copper Project, located in a well-known mineralized region, was divested to a third-party buyer following extensive technical review and negotiations. The sale allows Metals Creek Resources Corp. to reallocate financial and operational resources toward projects that align more closely with its core exploration objectives.

This transaction includes cash consideration and additional potential upside through future royalty interests, ensuring that Metals Creek maintains exposure to the project’s long-term potential without bearing ongoing exploration and development costs.

Strategic Rationale Behind the Sale

According to company management, the decision to sell the Tillex Copper Project was driven by a strategic assessment of Metals Creek’s exploration pipeline. While Tillex demonstrated geological merit, the company identified stronger near- to mid-term opportunities elsewhere in its portfolio.

By divesting non-core assets, Metals Creek aims to:

• Strengthen its balance sheet
• Reduce holding and exploration expenditures
• Focus on assets with higher discovery potential
• Enhance operational efficiency

About the Tillex Copper Project

The Tillex Copper Project is recognized for its copper mineralization potential and favorable geological setting. Previous exploration programs identified promising copper-bearing structures, making the project attractive to companies with a development-focused strategy.

Despite its merits, Metals Creek determined that advancing Tillex would require significant capital investment, which could be better utilized on other properties within the company’s exploration portfolio.

Geological Potential and Historical Work

Historical exploration at Tillex included surface sampling, geophysical surveys, and preliminary drilling. These efforts confirmed the presence of copper mineralization and provided valuable geological data that will support future exploration by the new owner.

Financial and Corporate Impact

The proceeds from the sale are expected to improve Metals Creek’s working capital position. This financial flexibility allows the company to accelerate exploration on its flagship projects and pursue new opportunities without excessive dilution to shareholders.

In addition, the inclusion of royalty components ensures that Metals Creek retains a vested interest in the project’s future success, providing potential long-term revenue streams.

Management Commentary

Company representatives emphasized that the transaction reflects prudent corporate governance and a proactive approach to asset management. By monetizing Tillex at this stage, Metals Creek can maintain momentum across its exploration programs while minimizing financial risk.

Management also reaffirmed its commitment to transparent communication and responsible development practices as the company continues to advance its strategic goals.

Focus on Core Exploration Assets

Following the sale, Metals Creek will concentrate on its priority exploration properties, particularly those with advanced targets and strong geological indicators. These projects are expected to deliver near-term news flow and value-enhancing milestones.

The company’s exploration strategy emphasizes systematic geological analysis, modern exploration techniques, and cost-effective program design.

Market Context and Industry Outlook

The sale of the Tillex Copper Project comes at a time of strong global demand for copper, driven by electrification, renewable energy infrastructure, and electric vehicle adoption. Copper remains a critical metal for the global energy transition.

By maintaining royalty exposure, Metals Creek positions itself to benefit from favorable copper market dynamics without direct operational involvement.

Commitment to Shareholder Value

Metals Creek continues to demonstrate a disciplined approach to capital allocation. The Tillex transaction underscores management’s focus on maximizing asset value and ensuring that shareholder interests remain central to corporate decision-making.

Investors can expect the company to remain active in evaluating strategic alternatives for non-core assets while advancing its most prospective exploration projects.

Forward-Looking Statements

This announcement contains forward-looking information regarding future exploration plans, potential royalty income, and market conditions. These statements are subject to risks and uncertainties that may cause actual results to differ materially.

Metals Creek encourages investors to review its public filings for a comprehensive discussion of risk factors and corporate disclosures.

Conclusion

The successful sale of the Tillex Copper Project represents a positive step forward for Metals Creek Resources Corp. By divesting a non-core asset while retaining future upside potential, the company reinforces its strategic focus and strengthens its financial position.

As Metals Creek continues to execute its exploration-driven growth strategy, this transaction highlights management’s ability to adapt, prioritize, and create sustainable long-term value in a competitive mining sector.

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