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Gold/Mining/Energy : Gold and Silver Juniors, Mid-tiers and Producers

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From: E. Charters	8/26/2006 3:00:03 AM
	of 78418

THUNDER BAY — 14 August 2006 – MetalCORP Limited MTC/TSXV, is pleased to announce that drilling on its 100% owned Big Lake project, located 10km southeast of Marathon or 10km southwest of the Hemlo gold mines, Ontario has intersected 5.1 metres or 16.7 feet (true width) of high grade mineralization assaying 4.2% Copper (Cu), 1.2% Zinc (Zn), 67.1 g/t Silver (Ag) and 2.1 g/t Gold (Au) from 91.3 to 96.4 metres in hole #34 from the BL14 Zone. This section included a higher grade zone of 7.7% Cu, 2.2% Zn, 123.8 g/t Ag and 3.9 g/t Au over 2.6 metres (8.5 feet). In terms of gross metal value, this intersection is equal to approximately US$ 835.0/tonne. This latest hole (#34) of the current program was collared 25 metres south of hole #32 which yielded 8.2% Cu, 2.7% Zn, 140.0 g/t Ag and 1.0 g/t Au over 4.4 metres (14.4 feet) for a gross metal value of approximately US$ 836.0/tonne. Hole #34 was collared 50 metres south of hole #24 which intersected 7.5% Cu, 2.2% Zn, 138.0 g/t Ag & 9.2 g/t Au over 4.0 metres (13.1 feet) for a gross metal value of approximately US$ 944.0/tonne. ********************************************************

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