Northwire Canada EditionMonday, July 27, 2026
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URC 4.02 −3.6% BEX 0.085 +6.2% SUM 1.33 +0.8% FMN 0.270 +10.2% PHNM 0.400 +11.1% HDRO 1.11 −6.7% PWM 0.630 +0.0% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.115 −8.0% DNO 0.430 +0.0% FPC 0.470 +2.2% SVRS 0.405 −4.7% CLV 0.120 +0.0% LXM 0.160 +6.7% TBK 0.305 −3.2% URC 4.02 −3.6% BEX 0.085 +6.2% SUM 1.33 +0.8% FMN 0.270 +10.2% PHNM 0.400 +11.1% HDRO 1.11 −6.7% PWM 0.630 +0.0% LIO 0.155 +10.7% NTH 0.160 +1.6% ELEF 0.115 −8.0% DNO 0.430 +0.0% FPC 0.470 +2.2% SVRS 0.405 −4.7% CLV 0.120 +0.0% LXM 0.160 +6.7% TBK 0.305 −3.2%
Drill Results Routine +

Benton Partners with Metals Creek to Acquire 6 Projects with Natural Hydrogen Potential in Newfoundland

Metals Creek pivots to "White Hydrogen" staking while juggling gold and critical metal options in Newfoundland.

By The Northwire Desk — AI Analysis Mar 25, 2026 · 07:31 MEK · 0.035 Metals Creek Resources Corp.
Executive Summary

The most recent news (March 25, 2026) announces a joint venture between Metals Creek (MEK) and Benton Resources to acquire six "natural white hydrogen" projects in Western Newfoundland through staking. The acquisition covers 763 claim units. Management highlights that three of these projects have historical records of gas venting or gas identified in old drill holes. This is framed as a "low-cost exploration risk" to enter an emerging green energy market while the company maintains its primary focus on the Ogden Gold Project.

Material Impact

The impact is Routine - Positive. While "natural hydrogen" is a trendy narrative, this is currently a "staking play" based on historical data rather than new discoveries. - Strategic Pivot vs. Distraction: The company is already spread thin across gold (Ogden), copper (Tillex - recently sold), and antimony/REE (Yellow Fox). Adding hydrogen adds another layer of speculative complexity. - Cost Efficiency: Partnering with Benton shares the staking and early-stage costs, which is necessary given MEK's historically tight cash position. - Validation Required: The release explicitly warns that the presence of gas/methane does not guarantee hydrogen or helium. Until soil gas sampling or drilling confirms hydrogen concentrations, this remains a conceptual land-grab. - Comparison to Peers: The news aligns MEK with other juniors chasing the "white hydrogen" trend, which may provide short-term retail interest but lacks immediate fundamental valuation support.

MEK · Price
Company Overview

Metals Creek is a project generator focused on gold and base metals in Ontario and Newfoundland. - Flagship Project: The Ogden Gold Project in Timmins, Ontario. It is a 50/50 JV with Discovery Silver. It covers 8km of the Porcupine-Destor Break. - Secondary Assets: Yellow Fox (Antimony/REE - optioned to Lomiko), Careless Cove (Gold/Antimony), and the newly staked Hydrogen projects.

Read the original news release →

More from Metals Creek Resources Corp.

Jul 16, 2026 · 04:04

Metals Creek raises capital through dilutive financing to extend its cash runway amid ongoing going-concern risks.

Financings Jul 14, 2026 · 15:40

Metals Creek raised $2m via dilutive placement while reporting high-grade drill results to offset going-concern fears at its project.

Financings Jul 14, 2026 · 07:30

Metals Creek Returns High-Grade Mineralization with 115.51 g/t Gold over 9.85 meters including 2050 g/t Gold over 0.50 meters at Ogden Gold Project in Timmins, Ontario

Drill Results Jun 30, 2026 · 16:21

Metals Creek secures $1m financing to fund ogden drilling and newfoundland hydrogen sampling.

Financings Jun 25, 2026 · 08:31

Metals Creek’s High-Grade Ogden drill hit validates the structural model despite narrow width and going concern risks tempering near-term upside.

Drill Results Jun 23, 2026 · 08:31

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

Drill Results