Benton Completes Work on GNP and Cape Eagle and Makes New Discovery near Altius' Sail Pond Project
Benton Completes Work on GNP and Cape Eagle and
Makes New Discovery near Altius' Sail Pond Project
Thunder Bay, Ontario--(Newsfile Corp. - June 22, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company"),
Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek) and Quadro Resources Inc. (TSXV: QRO) are pleased to
announce the acquisition of a new property on Newfoundland's Great Northern Peninsula where reconnaissance prospecting
discovered a new Galena-Chalcopyrite-Zinc-Fluorite zone.
The zone consists of a number of 2-10cm mineralized veins over a
20+ metre wide outcrop and a strike length of greater than 300m. Representatives of the three companies were sharing
mobilization and transportation costs while working adjacent properties when the discovery was made, therefore agreed to
stake the ground as equal partners.
Eighteen grab samples were taken from the new zone of which nine (9) selective samples were rushed for analysis. Highlights
from these assay results include up to 15.5% Lead (Pb) and 192 grams per tonne (g/t) silver. Below is a table of results for the
expedited assays.
Sample
Number
Lead
(%)
Silver
(g/t)
Copper
(ppm)
Zinc
(ppm)
309910
1.99
30.7
3954
40
309911
5.30
13.4
140
90
309912
15.50
44
400
94
309913
1.74
26.6
214
27
309914
10.20
70.7
4581
2600
309915
1.38
14.6
485
38
309916
6.30
86.2
1188
520
309917
0.08
0.5
11
18
309918
5.07
192
2372
344
The grab samples disclosed in this release are selective by nature and are unlikely to represent average grades of the property.
The property is located approximately 7km from the southeast boundary of Altius Minerals Corporation's Sail Pond discovery,
where Altius obtained grab samples up to 2,030 g/t Ag, 7.08% Cu, 9.40% Pb, 2.54% Sb, 0.46 g/t Au
(
http://altiusminerals.com/projects/sail-pond
).
In addition, Benton would like to announce it has completed a prospecting and mapping program on both its GNP Black Shale
Gold Project and the Cape Eagle claim blocks. Both projects are mapped by the Newfoundland government as having similar
geology to that of White Metal Resources Corp's new discovery where they recently announced highly anomalous gold values
from their Gunners Cove Project over approximately a 15km
2
area in black sedimentary shale units (See TSXV: WHM- PR
dated November 20, 2017).
In addition, Benton's Cape Eagle project is tied directly to the east of the Altius Sail Pond discovery.
Results from Benton samples will be released once received and compiled.
The Company believes the Gunners Cove style of gold mineralization could potentially represent an important new discovery in a
unique geological environment similar to other large gold deposits hosted in black shale environments around the world.
About Benton Resources Inc. (TSXV: BEX)
Benton Resources Inc. 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 web site. Most projects have an up to date NI 43-101 report available. Interested parties can contact
Stephen Stares using the contact information below.
Mr. Nathan Sims, P. Geo., has acted as the Qualified Person, as defined in NI 43-101, with respect to the disclosure of the
scientific and technical information relating to the exploration results contained in this press release.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE
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,
plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be
"forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to
differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain
adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political
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
prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these
risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from
those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking
statements.
These forward looking statements are made as of the date hereof and the Company does not assume any
obligation to update or revise them to reflect new events or circumstances.
Actual events or results could differ materially
from the Company's expectations or projections
.
For further information contact Stephen Stares @:
684 Squier Street,
Thunder Bay, ON
P7B 4A8
Phone (807)475-7474
Cell (807)474-9020
Fax (807)475-7200
www.bentonresources.ca