Northwire Canada EditionWednesday, July 29, 2026
Northwire
BOL 0.065 +0.0% ABRA 14.41 +0.0% GMIN 42.10 +0.0% PBM 0.045 +0.0% AEF 0.145 +0.0% EDCU 0.455 +0.0% SCD 0.170 +0.0% DLTA 0.155 +0.0% AAUC 29.50 +0.0% CNL 17.95 +0.0% SAG 0.900 +0.0% MEK 0.050 +0.0% URZ 0.150 +0.0% PRG 0.235 +0.0% BEX 0.085 +0.0% SPMC 0.710 +0.0% BOL 0.065 +0.0% ABRA 14.41 +0.0% GMIN 42.10 +0.0% PBM 0.045 +0.0% AEF 0.145 +0.0% EDCU 0.455 +0.0% SCD 0.170 +0.0% DLTA 0.155 +0.0% AAUC 29.50 +0.0% CNL 17.95 +0.0% SAG 0.900 +0.0% MEK 0.050 +0.0% URZ 0.150 +0.0% PRG 0.235 +0.0% BEX 0.085 +0.0% SPMC 0.710 +0.0%
Drill Results Routine +

Metals Creek and Benton Commence Hydrogen-Helium Soil Gas Sampling at Smoking Gun and Parson's Pond in Newfoundland

Metals Creek begins hydrogen-helium soil gas sampling at its Newfoundland projects.

Executive Summary

Metals Creek Resources Corp. and Benton Resources Inc. have launched large-scale regional soil gas sampling programs at their Smoking Gun and Parson's Pond hydrogen-helium projects in Newfoundland and Labrador. The field initiative involves collecting approximately 650 to 750 soil gas samples over a two- to three-week period. These samples will be analyzed for hydrogen, helium, neon, CO2, and C1-C4 hydrocarbons by Rudiger Re-Chem using state-of-the-art gas chromatographs.

Historical data from nearby drill holes and wells indicates highly anomalous helium values reaching up to 8,900 ppb and methane levels as high as 72%. Geological indicators, including thrust-faulted Humber Arm Supergroup rocks, serpentine, chrome fragments, and glauconite, suggest a highly prospective environment for natural white hydrogen formation via serpentinization.

The announcement follows the June 23, 2026 release regarding the hiring of technical advisor Rudy Willick and the June 1, 2026 staking expansion that increased the land package to 654 claim units.

Material Impact

Metals Creek Resources Corp. (MEK) announced a standard operational milestone in the exploration timeline for its Newfoundland hydrogen-helium projects. The news confirms the execution of a previously announced program and does not introduce new assay data, unexpected discoveries, or changes to project economics.

The market has already priced in the staking expansion and the hiring of the technical advisor. Commencement of sampling is an expected, incremental step. The announcement aligns with prior expectations and maintains the exploration narrative without altering the fundamental risk/reward profile.

MEK · Price
Company Overview

Metals Creek Resources Corp. is a TSX Venture-listed junior exploration company with no revenue-producing assets. Its flagship asset is the Ogden Gold Project, a 50/50 joint venture with Discovery Silver Corp. where Metals Creek serves as the operator. Located in the Timmins Gold Camp on the Porcupine-Destor Break, the project has produced historical high-grade intercepts including 210.19 g/t Au over 12.53m. The company is currently drilling the Thomas Ogden Zone and Naybob South areas.

In Newfoundland, Metals Creek holds six prospective properties staked jointly with Benton Resources, including the Smoking Gun and Parson's Pond projects. These early-stage exploration targets are focused on natural white hydrogen and helium. The company also holds the Flint North Project in Ontario, which features multiple gold showings, and the Yellow Fox Critical Metals/REE property, which is under option to Lomiko Metals.

Read the original news release →

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