Drill Results
Metals Creek and Benton Substantially Increase Its Land Holdings at Smoking Gun and Parsons Pond Hydrogen-Helium Projects in Newfoundland
Metals Creek Expands Hydrogen-Helium Footprint in Newfoundland as Ogden Gold Drill Program Looms

Executive Summary
- Metals Creek Resources and Benton Resources jointly staked 214 additional claims, expanding the Smoking Gun and Parsons Pond project portfolio in Newfoundland's Deer Lake Basin.
- Re-evaluation of historical diamond drill hole data reveals helium concentrations up to 8,900 ppb, with the most anomalous reading in hole 79-67.
- Integrated analysis using hyperspectral satellite imagery and legacy well geochemistry confirms intense hydrogen and helium anomalies at the Seamus #1 and Finnegan #1 wells.
- Next steps include immediate high-density soil gas sampling and localized fracture-network mapping to identify primary drilling targets for natural hydrogen and commercial helium.
- The company notes that gas or methane presence does not guarantee hydrogen or helium, requiring further validation studies.
Material Impact
- The announcement represents an incremental expansion of the hydrogen-helium exploration footprint, following the initial staking of 763 units in March 2026.
- It is a routine follow-up to previously announced exploration plans and does not introduce fundamentally new commodities or revenue streams.
- The focus remains on early-stage exploration and geological modeling, with no immediate path to production or material financial impact.
- The news aligns with management's stated strategy of diversifying into emerging clean energy commodities while maintaining the Ogden Gold Project as the core asset.
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Company Overview
- Metals Creek Resources Corp. is a TSX Venture-listed junior exploration company with no operating revenue.
- Flagship Project: Ogden Gold Project (50% interest, operator) located in the Timmins Gold Camp, Ontario. It sits on an 8 km strike length along the Porcupine-Destor Break, with a 50/50 joint venture with Discovery Silver Corp.
- Other Assets: Tillex Copper Project (85% interest sold to Aruma Resources, retaining a 1% NSR royalty), Yellow Fox Critical Metals/REE property (optioned to Lomiko Metals), and multiple natural hydrogen/helium prospects in Newfoundland.
- The company focuses on advancing high-grade gold targets while exploring emerging commodities like helium and rare earth elements.
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Jun 30, 2026 · 16:21