TORONTO, ONTARIO--(Marketwire - Sept. 11, 2009) - MetalCORP
Limited (TSX VENTURE:MTC) is pleased to
announce the grant of 1,335,000 options to officers, directors and
consultants. All options to purchase common shares of Metalcorp are exercisable at $0.23 per share,
exercisable at any time on or before September 11, 2014.
MetalCORP is a mineral exploration company
based in Thunder Bay,
Ontario with base metal
and gold projects in the Canadian Shield of Northern Ontario, Canada,
one of the most prolific mineral districts in the world. The projects,
with an area of more than 65,000 acres, include the Big Lake copper-zinc-silver-gold
property, the North Rock copper-nickel-platinum property, the new
Python nickel-copper-zinc property and the new Fearless zinc-copper-gold
property, all of which are under active exploration. MetalCORP's four gold projects, with a claim area
of more than 20,000
acres, include the Dorset Joint Venture, Pickle Lake,
Black Bear and Keezhik Lake
properties.
MetalCORP has 49,106,636 common shares
outstanding and approximately $1,550,000 in cash and no long-term debt.
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