21:43:41 EDT Wed 25 Mar 2026
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or Name
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Benton Resources Inc
Symbol BEX
Shares Issued 244,128,825
Close 2026-03-25 C$ 0.075
Market Cap C$ 18,309,662
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Benton, Metals Creek stake 6 natural hydrogen projects

2026-03-25 16:55 ET - News Release

Mr. Stephen Stares reports

BENTON PARTNERS WITH METALS CREEK TO ACQUIRE 6 PROJECTS WITH NATURAL HYDROGEN POTENTIAL IN NEWFOUNDLAND

Benton Resources Inc. and Metals Creek Resources Corp. have jointly acquired through staking six potential natural white hydrogen projects located in Newfoundland, Canada.

The projects were selected and staked after extensive research of historical data in areas of comparable geological settings to those that current hydrogen companies across the United States and Canada are targeting.

Of particular interest is that three of the six projects have identified gas from historical drill holes or the surface venting of gas. The projects, all located on the West Coast of Newfoundland, are hosted in geological environments considered prospective for natural white hydrogen. A total of 763 claim units were staked to acquire the mineral lands with geological characteristics that support the targeting potential.

Stephen Stares, president and chief executive officer of Benton, stated: "While Benton is primarily focused on advancing its copper-gold assets, there are times when unique opportunities allow management to act decisively as an early mover. Partnering with Metals Creek enables the companies to share relatively low-cost exploration risk while maintaining meaningful upside, should even one of these projects lead to a significant discovery of hydrogen or helium. In neighbouring Nova Scotia, companies such as Quebec Innovative Materials Corp. are already demonstrating success in exploring for natural hydrogen. We believe Newfoundland's geological setting offers comparable potential for these emerging and highly prospective discoveries."

Listed below are brief descriptions of the six projects acquired through staking.

Parson's Pond

A large sedimentary basin in a thrust fault system, with gas noted in historical drill holes near serpentine and glauconite mineralization. In addition, gas venting at surface is documented in Newfoundland government files.

Cape St. Gregory

A large serpentinized ultramafic unit near documented structures and faults.

Bond Pond

Fifteen historical drill holes noted, intensely sheared and serpentinized ultramafic intrusions, and likely in contact with fault structures within a sedimentary basin environment.

Deer Lake basin

Explosive gas encountered in historical hole that flowed for a minimum of 12 months in uranium-thorium-rich basin environment.

At Parson's Pond research of the historical drill logs from two holes 14.2 kilometres apart has observed C1 methane gas levels reaching 72 per cent. 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 mineral glauconite, which, combined with these geological indicators, suggests a highly prospective environment for the potential formation 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.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

Benton is focused on advancing its high-grade copper-gold Great Burnt project in central Newfoundland, which has a mineral resource estimate of 667,000 tonnes at 3.21 per cent Cu indicated and 482,000 at 2.35 per cent Cu inferred. The project has an excellent geological setting covering 25 kilometres of strike and boasts six known Cu-Au-Ag (copper-gold-silver) zones over 15 km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies. Phase 1 and 2 drill programs returned impressive results including 25.42 m of 5.51 per cent Cu, including 9.78 m of 8.31 per cent Cu, and 1.00 m of 12.70 per cent Cu. Drilling at the South Pond gold zone, approximately 7.5 km north of the Great Burnt copper-gold zone, has confirmed a robust gold-mineralized system over 2.5 km with results of 74.20 m of 1.43 grams per tonne Au and 43.75 m of 1.62 g/t Au and is open for expansion in all directions.

We seek Safe Harbor.

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