Benton Discovers High-Grade Massive Sulphide and Gold at Dominion Lake, Expands Project near Calibre's Marathon Mine
Benton Discovers High-Grade Massive
Sulphide and Gold at Dominion Lake, Expands
Project near Calibre's Marathon Mine
Thunder Bay, Ontario--(Newsfile Corp. - June 5, 2025) -
Benton Resources Inc
. (TSXV: BEX) ("Benton"
or the "Company") is pleased to announce that in the first 15 days of prospecting and mapping, it has
made several significant new gold and base metal discoveries in bedrock at the Company's Dominion
Lake project located in Newfoundland. One new discovery ("
Trinity Zone
"), located 3.5 km SSE of the
Daniel's Pond VMS Deposit, has returned grab samples assaying from trace up to
14.60%
Zn (zinc),
2.53%
Cu (copper),
68.70
g/t Ag (silver)
1.31%
Pb (lead), and
0.17
g/t Au (gold).
Follow-up work will
recommence this week on this new discovery.
In addition to the new high grade base metal discovery, two new areas of significant gold mineralization
have been identified. The first area extended last year's
Rickirb
gold discovery by 100 m to the NNE.
This zone is up to 12.0 m wide and has been expanded intermittently now for >200 m along strike and
remains open. New sampling, grading from trace up to 6.41 g/t Au, was collected approximately 100 m
NNE from the original Rickirb samples which graded up to 4.6 g/t Au.
A second area, located approximately 7.7 km SW of the
Rickirb
Zone, has identified multiple quartz
boulders and outcrop, which returned highly anomalous gold grading up to 6.00 g/t Au. This area will be
subject to immediate follow-up as well.
At the beginning of May 2025, Benton conducted a two-week program collecting 117 grab samples with
gold ranging from trace to 6.41 g/t Au.
To date, we have received ICP/base metal analysis for 14
samples with 12 other samples remaining (only select samples were included for ICP/base metal
analysis).
The Company cautions that these grab samples are selective in nature and may not represent average
grades in underlying bedrock or over the whole property.
The Company acquired the Dominion Lake project last year, after a large parcel of land became
available for staking within the northern Tulks Volcanic Belt of the Victoria Lake Supergroup, a highly
favorable geological terrain with demonstrated potential for hosting both volcanogenic massive sulphide
and gold mineralization. In light of these significant new discoveries, Benton has executed a property
purchase agreement with a local prospector to increase the Company's land position.
The deal, subject
to regulatory approval, includes a one-time payment to the vendor of $15,000 cash and 200,000 shares
of the Company for a 100% interest in the property, subject to a 2% NSR (net smelter royalty), whereby
Benton can purchase 1% for $1 million at anytime.
Stephen Stares, Company President and CEO, commented, "We are excited about these new
discoveries and the potential the project holds for both gold and base metals. We have now assembled
a large land position in this emerging exploration and development area, with the Daniel's Pond VMS
deposits just a few kilometres away and Newfoundland's newest gold mine, owned by Calibre Mining
Corp., only 21 km to the SSW. Our team is confident that this project will deliver excellent value for our
shareholders, and will nicely compliment our project portfolio, that includes our flagship high-grade Great
Burnt Copper-Gold project located 60 km ESE."
QP
Stephen House (P.Geo.), Vice President of Exploration 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.
QA/QC Protocols
Core and rock samples, including standards, blanks and duplicates, are submitted to Eastern Analytical
Ltd., Springdale, Newfoundland for preparation and analysis. All samples were acquired by saw-cut
(channels/drill core) with one-half submitted for assay and one-half retained for reference, or hand (rocks)
and delivered, by Benton personnel, in sealed bags, to the Springdale lab of Eastern Analytical, which is
an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed
using Eastern's Au (Fire assay) @ 30g + ICP-34 method that delivers a 34-element package utilizing a
200 mg subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique.
Overlimits are analysed with Eastern's atomic absorption method, using a 0.200 g to 2.00 g of sample,
digested with three acids. All reported assays are uncut. Eastern Analytical Ltd. achieved ISO 17025
accreditation in February 2014 (for more details on the scope of accreditation, visit the CALA website).
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 @ 3.21% Cu Indicated and
482,000 @ 2.35% Cu Inferred. The Project has an excellent geological setting covering 25km of strike
and boasts six known Cu-Au-Ag zones over 15km 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% Cu,
including 9.78 m of 8.31% Cu, and 1.00 m of 12.70% 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 1.43g/t Au and 43.75 m of 1.62g/t Au and is
open for expansion in all directions.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
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:
807-474-9020
Email:
Nick Konkin, Investor Relations
Phone
: 647-249-9298 ext. 322
:
Website:
www.bentonresources.ca
Twitter:
@BentonResources
Facebook:
@BentonResourcesBEX
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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
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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
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forward-looking statements. These forward-looking statements are made as of the date hereof and the
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circumstances. Actual events or results could differ materially from the Company's expectations or
projections.
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