Northwire Canada EditionFriday, July 10, 2026
Northwire
TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0% TLO 5.37 +5.7% BNKR 4.88 +1.7% GG 2.25 +3.2% MJS 0.100 +5.3% PAAS 62.54 +3.6% PE 0.230 +0.0% SGML 17.19 +4.8% LAR 10.34 −1.1% NED 0.025 +0.0% GEN 0.080 +0.0% TVI 0.060 +0.0% SKYG 0.025 −37.5% WRLG 0.660 +6.5% FFU 0.120 −7.7% LOD 0.310 +3.3% CBI 0.110 +0.0%
Drill Results Routine +

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.
MEK · Price
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.
Read the original news release →

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