Mr. Stephen Stares reports
BENTON AND METALS CREEK ACQUIRE A 7TH HIGHLY PROSPECTIVE HELIUM AND NATURAL HYDROGEN PROJECT IN NEWFOUNDLAND
Benton Resources Inc. and Metals Creek Resources Corp. have jointly acquired through staking an additional 156 units under two licences to cover hydrogen/helium potential in Newfoundland (Smoking Gun prospect).
The Smoking Gun prospect was selected after research uncovered highly anomalous helium with values up to 8,900 parts per billion (ppb) (see Table 1) in water collected from an historic drill hole. This drill hole (79-67) is located approximately 11.8 kilometres (km) from 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.
According to assessment report 012H/0748, Westfield-Northgate-Shell joint venture conducted deep water sampling within these historic holes. Samples of ground water were collected from five diamond drill holes with results determined for pH, temperature, U (uranium) ppb (parts per billion), radon and helium content. Two samples were collected from each hole. One was hermetically sealed at the site in a special container and sent to Chemical Projects Ltd. in Toronto, where a gas sample was extracted and analyzed for helium. The second sample was measured on site for pH and radon (Rn). This sample was then sent to Atlantic Analytical Services Ltd. (Springdale, Nfld.) for analysis of uranium (U). Results are tabulated in the attached table.
These two licences are located within the Deer Lake basin, which is thought to be a prospective environment for the presence helium (He) and natural (white) hydrogen (H2). Historic exploration focused mainly on uranium and hydrocarbons, but with semiconductor expansion and the global energy transition, this has resulted in increased demand for hydrogen and helium. A re-evaluation of the Deer Lake basin has resulted in the identification of areas with ideal geological conditions to host gas. These conditions include thick sequences of sandstones and conglomerates containing uranium, which is necessary to generate helium. When uranium-rich minerals hosted within the sandstones interact with the high-pressure water, the water molecules are split, releasing hydrogen. The expansive presence of mudstones and shales serves as an ideal cap for trapping gas.
Hole 79-67 is located 11.8 kilometres northeast of hole Mills No. 1, which produced high-pressure gas. With the presence of high-pressure gas in hole Mills No. 1 and highly anomalous helium from water samples in hole 79-67, this potentially indicates an expansive system with favourable geological conditions for the generation and entrapment of gas.
Hydrogen and helium have seen a significant increase in demand, with more expected in the future. Hydrogen is used as fuel and a chemical building block, it helps create fertilizer for food, refines the gasoline in your car, and is increasingly being used to power clean trucks and ships as well as fuel for rocket propulsion for the launching of satellites. Helium is the world's ultimate cooler; its supercold properties are essential for keeping MRI machines running and making the computer chips found in your phone and laptop. AI-driven chip manufacturing is the primary growth engine for helium. Helium keeps the company's most advanced technology and medical equipment functioning.
In the neighbouring province of Nova Scotia, companies such as Quebec Innovative Metals Corp. are having success in the search for natural hydrogen. This success is being explored for in similar geological environments to that of the projects mentioned above.
Please note that the presence of gas or methane on these staked projects or gas discovered on adjacent properties does not guarantee the presence of hydrogen or helium. Further studies are required to validate their presence.
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.
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