Benton Receives Results from Initial Trenching at the Bolton Bay Project
Benton Receives Results from Initial Trenching at the
Bolton Bay Project
Thunder Bay, Ontario--(Newsfile Corp. - September 7, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the
"Company") is pleased to announce encouraging results from its recently completed trenching program on the Bolton Bay
project located 100km west of Thunder Bay, Ontario. The Company completed a total of 8 mechanically-stripped areas over a
3.5km strike length in locations of previously known gold mineralization and newly identified prospective zones. A total of 137
channel samples was cut and 72 grab samples collected and submitted for assay.
Results from Benton's sampling at the historical 'West Zone" range from trace to 20.2g/t Au in grab samples, as well as up to
0.90g/t over 17m in channel sampling.
The stripping of overburden at the West Zone uncovered a vertical quartz breccia pipe
hosting the gold mineralization.
The vertical nature of this structure may have negatively affected the drilling strategy carried out
by historical exploration. The sporadic nature of the higher grade gold concentrations makes the West Zone a good candidate
for bulk sampling and future diamond drilling.
Of particular interest to the Company is a new deformation/shear zone containing green mica (fuchsite or roscoelite), quartz and
quartz carbonate within a silicified volcanic over 16m containing 0.42g/t Au over 7.5m including 1.2g/t over 1m.
More channel
sampling in this area will be completed shortly to determine the full width of the zone.
Each trench had channel samples
containing anomalous gold assays associated with deformed rock related to shearing.
Historical work completed on the property identified quartz-rich, mineralized zones over 9km across the property, which included
the following highlights:
East Zone — 13g/t Au (grab samples)
West Zone — 4.46g/t Au over 7m (historic drilling)
Zones 1 &2 — 11.6g/t Au (grab samples)
Clear Lake East — 17.21g/t Au (grab samples)
1925 showing — 15.47g/t Au (grab samples)
Island Zone — 3.57g/t Au (grab samples)
Recent logging in the area has provided excellent access to the mineralized zones, which historically were only accessible by
water or air. Stripping and channel sampling had been recommended in many previous reports but lack of access prevented the
work from being completed.
In addition, after some research, Benton's management has budgeted to conduct some follow-up exploration on some of their
100%-owned projects, namely the Panama Lake and Saganaga Gold projects.
In light of Great Bear Resources Ltd.'s ("Great
Bear") new discovery in the Red Lake district (see Great Bear's press release dated August 22, 2018), Benton will spend a
number of days prospecting their Panama Lake gold project which lies 60km east of Great Bear's Dixie Project.
Benton has
staked a number of cell claims enlarging the Panama project slightly to 3,500 hectares. The Panama Lake gold project is hosted
in the Red Lake mining district, 55km northeast of the town of Ear Falls and is accessible by road. Historical work is minimal and
the last diamond drill campaign on the property was completed by Noranda Exploration Ltd. in 1988 where 8 widely spaced
diamond drill holes over a 1.4km strike-length yielded results of up to 2.8g/t Au over 4.5m within a 20-30m wide mineralized
shear zone. In addition, a glacial till sampling survey (Geological Survey of Canada, 1999 - Open File 3038) collected a sample
on the Panama Lake gold project, which contained 107 gold grains, the highest count in the survey. The Company has initiated
further till sampling along with prospecting along prospective trends.
The Saganaga gold project has had a number of gold-in-soil geochemical anomalies which had not been followed up on by the
Company.
During the course of this summer, Benton personnel completed several days of prospecting these anomalies as well
as new areas outside of the known showings.
The Saganaga project is 100%-owned by Benton and is located at the southwest
extension of the Shebandowan-Greenstone belt, 100km west of Thunder Bay, Ontario.
Recent logging operations have provided
new clear-cuts and therefore offer many new opportunities for prospecting on the property.
Benton will continue to examine the
existing database and will model the diamond drilling data to work towards outlining a deposit.
Benton also continues to evaluate their GNP project located in the Northern Peninsula on the island of Newfoundland near White
Metal Resources Corp.'s Gunners Cove gold discovery, however, to-date the Company has only encountered moderately
anomalous gold values.
The Company believes that 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.
Finally, the Company would like to acknowledge and thank the government of Newfoundland and Labrador for providing funding
assistance under the JCEAP program.
Nathan Sims (P.Geo.), Senior Exploration manager for Benton Resources Inc., is the qualified person responsible for this
release and has prepared or supervised the preparation of or reviewed and approved the scientific and technical disclosure in
this news release.
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 found below.
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