Benton Intersects Copper-Rich Massive Sulfides in Early Drilling at Great Burnt Copper-Gold Project, Newfoundland
Benton Intersects Copper-Rich Massive
Sulfides in Early Drilling at Great Burnt
Copper-Gold Project, Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - October 16, 2023) - Benton Resources Inc. (TSXV:
BEX) ("Benton" or the "Company") is pleased to announce that it has completed 858m of drilling in 4
holes with all holes intersecting semi-massive and massive sulfides containing significant chalcopyrite
mineralization at the Great Burnt Copper Project in Newfoundland. The first holes were designed for infill
and expansion of the Great Burnt Main Deposit and has been extremely successful to date.
Hole GB-
23-01
through
GB-23-04
were drilled from 3 drill set-ups over a 200m distance.
Hole GB-23-01
was an
infill hole to test the zone 12m updip from GB-18-05 and 20m downdip from GB-20-20 and intersected
12.30m of semi-massive/massive sulphide (from 69.05 to 72.30m, 82.75 to 87.10m, 90.00 to 94.05m
and 95.05 to 95.70m).
GB-23-02
intersected the zone 20m updip from GB-20-05 which cut 12.91m of
semi-massive/massive sulphides from 162.89 to 175.80m.
GB-23-03
intersected the zone 30m updip
from GB-20-05 and cut 1.3m of semi-massive/massive sulphides from 158.00 to 158.60m and 154.80
to 155.50m.
GB-23-04
intersected the zone 12m south
from historical drill hole GB86 and intersected
16.6m of semi-massive/massive sulphides from 186.60 to 193.20m and 200.00 to 210.00m.
Pictures
containing significant chalcopyrite for holes GB 23-02 and GB 23-04 are included below and the
Company also notes that wider sections of lower grade stringer mineralization was also encountered
outside the semi-massive/massive zones. Drilling continues with GB 23-05 currently well underway.
Stephen Stares, President and CEO of the Company commented, "This is an exciting time for Benton
and its shareholders, with the high demand for critical minerals and Piedmont Lithium helping us
advance the Killick Lithium project in southwestern NL as well as the excellent start in expanding the
high-grade zones at the Great Burnt Copper-Gold Project, we are well positioned for success on multiple
fronts moving forward. We look forward to our assay results and providing continued updates as we
progress through this program."
GB-23-02
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/184137_benton_1.png
GB-23-04
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/184137_benton_2.png
Great Burnt Copper-Gold Project
The
Great Burnt Main Zone
has an NI 43-101 compliant resource prepared in 2022 for Spruce Ridge
Resources Ltd. by P&E Mining Consultants Inc. of 667,000 Tonnes (47.2 Mlb) Cu at 3.21% (indicated)
and 482,000 Tonnes (25.0 Mlb) Cu at 2.35% (inferred), contained within mining lease 211(10210M).
The Copper resource remains open to the south and at depth. Highlights of the drill programs to date
include:
GB20-05: 27.20 m of 8.06% Cu, including 7.75 m of 16.88% Cu
GB20-20: 22.75 m of 6.89% Cu, including 12.55 m of 10.59% Cu
GB18-05: 20.94 m of 6.21% Cu, including 6.98 m of 10.71% Cu
GB18-06: 9.97 m of 7.45% Cu, including 5.03 m of 11.42% Cu
GB16-08: 7.50 m of 9.45% Cu, including 3.00 m of 19.30% Cu
GB16-09: 5.75 m of 6.68% Cu, including 1.50 m of 11.70% Cu
Exploration at the
South Pond Zone
has identified potential for both copper and gold along several
kilometers of strike.
Highlights of the 2021 drill program include:
SP21-01: 1.69g/t Au over 51.00 m, including 3.19g/t Au over 11.00 m, within 10 m of
surface
SP21-03: 2.36g/t Au over 15.00 m, including 11.33g/t Au over 1.00 m
SP21-08: 1.75g/t Au over 21.20 m, including 2.82g/t Au over 10.20 m
SP21-11: 1.34g/t Au over 17.60 m, including 2.48g/t Au over 4.20 m
SP21-14: 2.06g/t Au over 21.00 m
SP21-16: 1.72g/t Au over 10.00 m
Note: Widths quoted are true core length, true widths are estimated at approximately 70% of core lengths
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 it's preparation.
About Benton Resources Inc.
Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange
under the symbol BEX. Following a project generation business model, Benton has a diversified, highly
prospective property portfolio of gold, silver, nickel, copper, platinum group elements and, most recently,
lithium and cesium assets. In addition, it currently 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 also a 50/50 partner in a strategic alliance with Sokoman Minerals Corp. through three large-
scale joint-venture properties, including Grey River Gold, and Kepenkeck in Newfoundland.
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:
807-475-7474
Email:
Website:
www.bentonresources.ca
Twitter:
@BentonResources
Facebook:
@BentonResourcesBEX
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.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/184137