Metals Creek and Benton complete hydrogen-helium soil gas sampling in Newfoundland

Thunder Bay, Ontario--(Newsfile Corp. - August 18, 2026) - Metals Creek Resources Corp. (TSXV: MEK) (OTC Pink: MCREF) (FSE: M1C1) (the "Companies" or "Metals Creek") and Benton Resources Inc. (TSXV: BEX) (the "Companies" or "Benton") are pleased to announce that it has entered into a purchase agreement (the "Purchase Agreement") with G2B Gold ("G2B " ), an arms-length party, whereby the Companies will jointly acquire a 100% interest in 2 mineral licenses encompassing 30 claim units (the "Properties") in the Deer Lake Basin and Parsons Pond area, subject to 2% net smelter royalty (NSR) to G2B, on the basis of 50% ownership to each of Benton and Metals Creek. No finders' fees were paid pursuant to this acquisition.

Purchase Agreement terms:

The Companies can acquire 100% (50% Benton and 50% Metals Creek) of G2B's interest in a the Properties in consideration of:

the issuance to G2B of 120,000 common shares of Metals Creek and 82,500 common shares of Benton on the closing date which shall be five business days after the date the Companies receive regulatory approval for the Purchase Agreement;

a 2% NSR on the Properties. The Companies will have the right, at any time, to purchase one half of the NSR (i.e. 1%) by paying $1 million to G2B.

The agreement is subject to TSXV approvals.

In addition, the Companies are pleased to announce the completion of two large scale regional soil gas sampling programs at Parson's Pond and Smoking Gun Hydrogen-Helium projects. Rudy Willick of Rudiger and his team at Re-Chem from Neuanlage, Saskatchewan have collected over 700 samples which have been sent back to his Saskatchewan laboratory for analysis. Results are expected in the next two weeks and well be reported once received and compiled. The companies will plan and inaugural program to test favourable targets for Hydrogen and Helium.

Deer Lake Basin Property

The Smoking Gun Project contains the Mills No.1 drill hole in the Southwest, in addition to the Claybar No. 3 drill hole (Figure 1) to the NE. The Companies are excited about this new acquisition, as recent research from historical data has revealed highly anomalous helium with values up to 8,900 parts per billion (ppb) (see Table 1) in water collected from a historic drill hole (79-67). This hole is located approximately 11.8 km from a drill hole (Mills No. 1) that encountered high pressure gas that flowed for a minimum of 12 months in a basin prospective for uranium-thorium. In addition, several mentions of gas are noted in Claybar No. 3, located 32 km to the NE of drill hole 79-67. These 3 holes potentially indicates an expansive system with favorable geological conditions for the generation and entrapment of gas. Ref: https://gis.gov.nl.ca/mods/ModsCard.asp?NMINOString?temp=n&NMINOString=012H/03/Btm002

Figure 1: Smoking Gun Claims

To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/943/310162_72fa6dcec405486e_002full.jpg

Parson's Pond Property

At Parson's Pond, the Companies large land position covers a faverable large basin (see Figure 2) where research confirmed the presence of gas in several historical drill logs located 14.2 km apart, significant gas hits observed C1 methane gas levels reaching 72%. The area is underlain by thrust faulted rocks of the Humber Arm Supergroup. Drill logs indicate unique sedimentary units composed of shales along with sandstones, containing fragments of serpentine and chrome. Of particular interest is the presence of the mineral glauconite, which, combined with these geological indicators, suggests a highly prospective environment for white hydrogen (natural hydrogen) to form within the basin. The presence of such high concentrations of methane alongside hydrogen indicators suggests a potentially active gas system within the basin. In addition, surface areas have been noted to vent gas within the project boundaries (Ref. NALCOR ENERGY — OIL AND GAS INC FINAL WELL REPORT For Nalcor Energy et al SEAMUS #1 https://www.gov.nl.ca/em/files/publications-energy-nalcorseamusfwr.pdf and NALCOR ENERGY — OIL AND GAS INC FINAL WELL REPORT For Nalcor Energy et al Finnegan #1 https://www.gov.nl.ca/em/files/FinniganFWR.pdf ).