Benton Completes Lake Sediment Sampling Survey and Commences Detailed Airborne Magnetic Survey at the Panama Project, Red Lake Mining District
Benton Completes Lake Sediment Sampling Survey and
Commences Detailed Airborne Magnetic Survey at the
Panama Project, Red Lake Mining District
Thunder Bay, Ontario--(Newsfile Corp. - April 25, 2019) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is
pleased to announce that it has collected 120 lake sediment samples which have now been submitted for analysis at Activation
Laboratories in Thunder Bay, ON. The survey was completed on Slate Lake and designed to delineate the source of the 107
gold grains in a glacial till sample collected by the Geological Survey of Canada, 1999 (Open File 3038).
This sample had the
highest count of gold grains in the survey and the bedrock source has yet to be determined but believed to be within the area of
the sediment survey.
Benton has also contracted Prospectair Geosurveys to fly a highly detailed, 50-metre spaced airborne magnetic survey over the
entire project, scheduled to be completed within two weeks. Interpretation of the survey will aid in targeting favourable structures,
folds and lithological contacts for summer prospecting and mapping.
Highlights from Benton's Phase I drill program released last month are as follows
:
Hole
From
(m)
To
(m)
Interval
(m)
Gold (g/t)
Composite
PL-19-01
79.6
87.2
7.6
1.58
1.58 g/t over 7.6 m
incl
79.6
84.3
4.7
2.34
2.34 g/t Au over 4.7 m
PL-19-02
148.5
155
6.5
1.23
1.23 g/t Au over 6.5 m
PL-19-03
79.6
85.4
5.8
1.21
1.21 g/t Au over 5.8 m
incl
82.4
84.4
2
2.55
2.55 g/t Au over 2 m
PL-19-04
72.8
78.6
5.8
1.07
1.07 g/t Au over 5.8 m
incl
75.8
78.6
2.8
1.67
1.67 g/t Au over 2.8 m
PL-19-05B
77.5
93.6
16.1
0.57
0.57 g/t Au over 16.1 m
incl
89
91
2
2.07
2.07 g/t Au over 2 m
PL-19-06
82
83
1
0.427
0.427 g/t Au over 1 m
PL-19-07
35.4
36.4
1
0.563
0.563 g/t Au over 1 m
PL-19-08
270.5
279
8.4
0.18
0.18 g/t Au over 8.4 m
PL-19-09
100
102
2
0.425
0.425 g/t Au over 2 m
Note:
Reported intercepts are core lengths not true widths.
Bolton Bay Option
The Company also announces it has terminated the Bolton Bay option (see Company PR dated April 13, 2018) as results
obtained by Benton did not meet the Company's expectations. More work is required to advance Bolton Bay and Benton feels
that its efforts are better focused elsewhere.
QP
Nathan Sims (P.Geo.), Senior Exploration Manager for Benton Resources Inc., the 'Qualified Person' under National Instrument
43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
About Benton Resources Inc.
Benton Resources is a well-funded Canadian-based project generator with a diversified property portfolio in Gold, Silver, Nickel,
Copper, and Platinum group elements. Benton holds multiple high-grade projects available for option which can be viewed on
the Company's website. Most projects have an up-to-date 43-101 Report available.
Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.
For further information, please contact:
Stephen Stares, President & CEO
Phone:
807-475-7474
Email:
CHF Capital Markets
Cathy Hume, CEO
Phone:
416-868-1079 x231
Email:
Website:
www.bentonresources.ca
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ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of applicable securities
legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of
future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs,
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"forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to
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and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks
related to environmental regulation and liability; the potential for delays in exploration or development activities or the
completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill
results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost
estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the
possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks
related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's
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risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from
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