Northwire Canada EditionThursday, October 15, 2026
Northwire
⌕
GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4% GOLD 4107.90 −1.7% SILVER 55.88 −6.1% COPPER 6.62 −1.6% OIL 95.09 +1.0% PALLADIUM 1096.50 −2.7% CIA 2.64 −0.4% BTO 7.09 −4.3% MCI 0.155 +0.0% CAN 0.065 +0.0% BLDS 0.335 +8.1% SAO 0.050 +0.0% SF 0.315 +0.0% BEA 0.055 −15.4% BMM 3.90 +11.1% AUGC 0.295 −13.2% MFG 3.34 −3.8% CDE 21.33 −7.7% CYG 0.160 −5.9% RSMX 0.100 −4.8% TUF 0.830 −5.7% GPG 0.285 −3.4%
M&A / Property Routine +

Metals Creek and Benton Complete Hydrogen-Helium Soil Gas Sampling at Smoking Gun and Parson's Pond in Newfoundland and Acquires Addition Ground

Metals Creek completes soil gas sampling at its Newfoundland hydrogen projects, with results currently pending.

Executive Summary

Metals Creek Resources Corp. (MEK) and Benton Resources have completed large-scale regional soil gas sampling programs at their Smoking Gun and Parson's Pond Hydrogen-Helium projects in Newfoundland. Over 700 samples were collected by Rudiger Re-Chem and sent to a Saskatchewan laboratory for analysis, with results expected within two weeks.

The companies jointly acquired a 100% interest in two mineral licenses, totaling 30 claim units, in the Deer Lake Basin and Parson's Pond area from G2B Gold. Benton separately acquired one additional mineral license, 040650M, tying into its Dominion Copper-Gold-Zinc project. Consideration for the acquisitions involves the issuance of common shares to G2B and a 2% Net Smelter Royalty (NSR), with an option to reduce it to 1% for $1 million.

The news follows a series of staking announcements and historical data reviews highlighting anomalous helium (up to 8,900 ppb) and methane (up to 72%) in the region.

Material Impact

Metals Creek Resources Corp. (MEK) issued the announcement as a routine operational follow-up to its June 2026 staking and sampling initiation releases. The completion of sampling represents an expected procedural step, with market impact contingent on upcoming assay results that have not yet been disclosed. The claim acquisition constitutes incremental land consolidation typical for early-stage exploration and does not alter the company's financial or operational baseline. The release confirms the execution of a previously announced plan without introducing new catalysts or financial changes.

MEK · Price
Company Overview

Metals Creek Resources Corp. is a TSX Venture-listed exploration company focused on gold and emerging natural white hydrogen and helium assets. Its flagship Ogden Gold Project is a 50/50 joint venture with Discovery Silver Corp., with Metals Creek serving as operator. Located in the Timmins Gold Camp on the Porcupine-Destor Fault, recent drilling returned high-grade intercepts, including 115.51 g/t Au over 9.85m and 2,050 g/t Au over 0.50m in the Thomas Ogden Zone.

The company also holds Newfoundland Hydrogen/Helium Projects jointly with Benton Resources. These six properties staked across the west coast target natural hydrogen via serpentinization and helium via uranium-rich basins and are in an early-stage exploration phase. Additionally, the Yellow Fox Property is optioned to Lomiko Metals, where recent soil sampling highlighted anomalous Rare Earth Elements (REEs), particularly Dysprosium and Neodymium.

Read the original news release →

More from Metals Creek Resources Corp.