Northwire Canada EditionSunday, November 1, 2026
Northwire
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Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8% Gold 3,898.90 −3.3% Silver 49.28 −5.9% Copper 6.48 −1.8% Oil 104.12 +2.1% Palladium 987.70 −1.7% HCH 1.25 −3.9% CRD 0.040 −20.0% ENEV 0.005 +0.0% MOON 5.23 −7.9% ORE 2.56 −4.8% ASE 0.620 −14.5% LKY 0.005 + SOI 0.165 −5.7% ECR 0.190 −5.0% OZ 0.240 −9.4% ELEC 0.110 +4.8% WHY 0.260 −3.7% PHD 0.030 −33.3% OMI 0.220 −10.2% EML 0.105 +0.0% TECT 1.37 −2.8%
Drill Results Routine +

Metals Creek and Benton Hire Expert Rudy Willick to Complete Hydrogen-Helium Gas Sampling at Smoking Gun and Parson's Pond in Newfoundland

Metals Creek advances hydrogen-helium sampling in Newfoundland while Ogden gold drilling yields visible intersections.

Executive Summary
  • Metals Creek Resources Corp. and Benton Resources Inc. have engaged Rudy Willick of Rudiger Re-Chem to lead large-scale soil gas sampling programs at the Smoking Gun and Parson's Pond projects in Newfoundland.
  • Field operations are scheduled to commence in mid-to-late July 2026 and will run for 2-3 weeks.
  • The sampling will target Hydrogen, Helium, Neon, CO2, and C1-C4 Hydrocarbons to validate historical anomalies, including helium up to 8,900 ppb and methane up to 72%.
  • Historical well data (Seamus #1 and Finnegan #1) indicates hydrogen concentrations exceeding regional background levels by >10x and >3x respectively, alongside distinct helium signatures pointing to deep-seated basement fault connectivity.
  • The geological framework features allochthonous sedimentary sequences thrust over deep carbonate platforms, which are considered favorable for natural hydrogen generation via serpentinization.
  • Management maintains standard forward-looking disclaimers, noting that gas or methane presence does not guarantee hydrogen or helium and that further studies are required.
Material Impact
  • The announcement is a direct follow-up to the June 1 and May 12 land acquisition and historical data releases. It represents the planned next step in a pre-announced exploration workflow rather than a new catalyst.
  • The hiring of a specialized gas sampling expert and the scheduling of field operations validate the company's strategic pivot toward natural hydrogen and helium, a commodity currently attracting market interest. However, the news does not introduce new financial metrics, resource estimates, or commercial milestones.
  • The impact on the stock price is expected to be incremental. It maintains investor interest in the Newfoundland portfolio but does not alter the fundamental risk profile or near-term liquidity constraints.
  • The news is fully in line with previous expectations and management's stated exploration roadmap.
MEK · Price
Company Overview
  • Metals Creek Resources Corp. is a junior mineral exploration company with no operating revenue.
  • Flagship Project: Ogden Gold Project (50/50 Joint Venture with Discovery Silver Corp., MEK as operator). Located in the Timmins Gold Camp along the Porcupine-Destor Break, featuring an 8km strike length. The project has a conceptual exploration target at Naybob South of 750–1,000 kt @ 3.5–4.5 g/t Au. Recent drilling has intersected visible gold, with assays pending.
  • Secondary Assets:
  • Newfoundland Hydrogen/Helium Projects: Smoking Gun, Parson's Pond, Cape St. Gregory, Bond Pond, Bay St George, and Bay of Islands. Acquired via staking in partnership with Benton Resources.
  • Yellow Fox Property: Optioned to Lomiko Metals, focusing on Rare Earth Elements (REE), Gold, and Antimony. Recent soil assays show highly anomalous HREE+Y/LREE ratios.
  • Tillex Copper Project: 85% interest sold to Aruma Resources Ltd. in January 2026. Metals Creek retains a 1% NSR royalty and equity exposure.
Read the original news release →

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