MetalCORP Limited

MetalCORP Limited

September 11, 2009 16:08 ET

MetalCORP Announces Grant of Stock Options

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.

Contact Information