Northwire Canada EditionMonday, November 9, 2026
Northwire
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Gold 4,129.60 +1.3% Silver 52.77 +1.6% Copper 6.34 +1.7% Oil 87.56 −3.6% Palladium 1,027.00 −9.0% UCU 2.24 +4.7% KAPA 0.105 +0.0% AFM 1.30 +6.6% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.10 +2.5% SGO 0.155 +3.3% BNKR 2.68 +2.3% TECT 1.60 +5.3% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3% KCC 0.840 +0.0% NEV 0.030 +20.0% FMAN 0.260 +2.0% Gold 4,129.60 +1.3% Silver 52.77 +1.6% Copper 6.34 +1.7% Oil 87.56 −3.6% Palladium 1,027.00 −9.0% UCU 2.24 +4.7% KAPA 0.105 +0.0% AFM 1.30 +6.6% BONE 0.035 −12.5% EM 4.30 +0.0% BKM 4.10 +2.5% SGO 0.155 +3.3% BNKR 2.68 +2.3% TECT 1.60 +5.3% MKA 0.650 +0.0% BEX 0.070 +0.0% RTH 0.035 +0.0% GBU 0.085 +13.3% KCC 0.840 +0.0% NEV 0.030 +20.0% FMAN 0.260 +2.0%
Drill Results

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

BEX · Price

Executive Summary

  • Metals Creek Resources Corp. and Benton Resources Inc. jointly staked 763 claim units covering six prospective natural white hydrogen projects on the west coast of Newfoundland.
  • Three of the six projects have historical indications of gas (methane) presence, including surface venting and long‑duration flow from historic drill holes.
  • The acquisition expands Metals Creek’s exploration portfolio beyond its primary Ogden Gold Project, positioning the company to explore a low‑cost, emerging hydrogen/helium resource market.

Key Details

  • Projects Staked: Parson's Pond, Cape St. Gregory, Bond Pond, Deer Lake Basin, Bay St George, Bay of Islands.
  • Total Claim Units: 763 claim units were staked to secure the mineral lands.
  • Geological Highlights:
  • Parson’s Pond – thrust‑faulted sedimentary basin with historic drill holes showing up to 72% methane (C1) and surface gas venting; presence of serpentine, glauconite, and chrome fragments.
  • Cape St. Gregory – large serpentinized ultramafic unit near documented structures and faults.
  • Bond Pond – intensely sheared, serpentinized ultramafic intrusions with historic drilling.
  • Deer Lake Basin – explosive gas flow for a minimum of 12 months in uranium‑thorium rich basin.
  • Bay St George – historical drilling noted gas occurrences.
  • Bay of Islands – large serpentinite‑bearing ultramafic unit near faults.
  • Staking Rationale: Projects were selected based on geological settings analogous to those targeted by current hydrogen developers in the U.S. and Canada.
  • Strategic Fit: Provides Metals Creek a low‑cost entry into natural hydrogen exploration while maintaining focus on its core Ogden Gold Project (final drill program planned for spring 2026).
  • Statements: Alexander (Sandy) Stares, President & CEO, highlighted the partnership with Benton as a means to explore emerging green energy commodities with limited risk to shareholders.

Notable Quotes

“Partnering with Benton provides a relatively low‑cost risk for Metals Creek and Benton shareholders to explore a market that appears to be gaining interest.” – Alexander (Sandy) Stares, President & CEO, Metals Creek Resources Corp.

Read the original news release →

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