Benton's Prospecting and Trenching Program Returns High-Grade Copper and Gold Results at the South Pond Zone within the Great Burnt Project
Benton's Prospecting and Trenching Program
Returns High-Grade Copper and Gold Results
at the South Pond Zone within the Great Burnt
Project
Thunder Bay, Ontario--(Newsfile Corp. - November 17, 2023) - Benton Resources Inc. (TSXV:
BEX) ("Benton" or the "Company") is pleased to announce that its first pass trenching and prospecting
program has returned multiple high-grade copper and gold zones at surface up to 14km north from the
Great Burnt Main Zone, all part of the Company's recently acquired Great Burnt Copper-Gold Project in
Newfoundland (the "Project").
Multiple surface grab samples located on or near airborne electromagnetic (AEM) conductors have
outlined three significant mineralized areas near the north end of the Project, approximately 14km north
of the main Great Burnt Main Zone. The surface zones were uncovered by new trenching in the vicinity of
1970's drilling that previously identified copper mineralization. Highlights of selective individual grab
samples from three zones were as follows:
Zone 1 graded up to
5.51% copper, 5.03g/t gold, 14.6g/t silver and 0.076% cobalt
and
5.67%
copper, 2.65g/t gold, 12.6g/t silver and 0.063% cobalt
.
Zone 2, approximately 40m southeast in the same trench, graded
2.74% copper, 6.34g/t gold,
10.4g/t silver and 0.02% cobalt
and
4.86% copper, 1.64g/t gold, 11.0g/t silver and 0.030%
cobalt
.
Zone 3, approximately 35m south, graded
1.64% copper, 5.92g/t gold, 2.0g/t silver and
0.023% cobalt
.
Several other samples have identified highly anomalous copper zones along a 4.0km trend with grades
up to 1.26% copper.
A table of the significant results (see Table 1) from the three exposed zones is shown below along with a
map showing sample locations (see Figure 1 and Figure 2).
The Company will proceed to enlarge the
exposures of selected mineralized zones to permit geological mapping and channel sampling as much
as possible as weather permits.
The Company has also increased its ongoing drill program from 4,000m to a minimum of 5,000m and
continues its extensive compilation of historical data, ongoing prospecting and soil geochemical
sampling to the north of the Great Burnt Main Zone.
Table 1: Samples from Prospecting/Trenching
Sample #
Easting
Northing
Target
Zone
Type
Cu (%)
Au (g/t)
Ag (g/t)
Co (%)
138772
563709.041
5363900.388
Trench 4
Zone 1
outcrop
2.45
0.05
2.90
0.008
138773
563709.671
5363903.619
Trench 4
Zone 1
outcrop
0.3
0.00
0.50
0.012
138774
563715.318
5363901.459
Trench 4
Zone 1
outcrop
0.1
0.01
<0.2
0.002
138775
563714.79
5363902.343
Trench 4
Zone 1
outcrop
0.19
0.02
0.30
0.006
138776
563716.098
5363897.911
Trench 4
Zone 1
outcrop
2.44
2.82
6.70
0.029
138777
563716.393
5363898.025
Trench 4
Zone 1
outcrop
0.69
0.62
1.60
0.015
138778
563716.245
5363898.024
Trench 4
Zone 1
outcrop
1.75
0.41
3.30
0.013
138779
563721.167
5363894.522
Trench 4
Zone 1
outcrop
2.39
1.35
5.50
0.016
138780
563721.899
5363895.197
Trench 4
Zone 1
outcrop
1.96
0.69
5.60
0.013
138781
563724.15
5363892.443
Trench 4
Zone 1
outcrop
5.51
5.03
14.60
0.076
138782
563724.82
5363892.117
Trench 4
Zone 1
outcrop
4.93
2.20
10.40
0.032
138783
563724.668
5363892.449
Trench 4
Zone 1
outcrop
5.67
2.65
12.60
0.063
138784
563725.347
5363891.234
Trench 4
Zone 1
outcrop
5.81
1.48
12.20
0.031
138785
563725.823
5363888.46
Trench 4
Zone 1
outcrop
1.46
0.64
3.50
0.015
138700
563760.33
5363833.265
Trench 4
Zone 2
outcrop
0.18
0.05
<0.2
0.012
138752
563746.195
5363859.897
Prospecting
Zone 2
sub-crop
2.74
6.34
10.40
0.016
138753
563744.921
5363861.328
Prospecting
Zone 2
sub-crop
4.86
1.64
11.00
0.030
138787
563747.988
5363851.802
Trench 4
Zone 2
outcrop
0.11
0.35
<0.2
0.010
138788
563747.588
5363854.466
Trench 4
Zone 2
outcrop
0.17
1.71
<0.2
0.010
138789
563749.604
5363852.821
Trench 4
Zone 2
outcrop
0.19
0.18
<0.2
0.011
138794
563755.845
5363843.887
Trench 4
Zone 2
outcrop
0.17
1.35
0.80
0.017
138796
563758.655
5363837.471
Trench 4
Zone 2
outcrop
0.12
2.10
0.20
0.011
138750
563716.379
5363859.784
Prospecting
Zone 3
angular float
1.64
5.92
2.00
0.023
138751
563716.97
5363859.902
Prospecting
Zone 3
angular float
1.53
5.17
0.90
0.021
Figure 1: Sample Location Map 1
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/187818_cc372d2c3433d996_002full.jpg
Figure 2: Sample Location Map 2 (Trench 4)
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/187818_cc372d2c3433d996_003full.jpg
Drilling from 2016 to 2023 at 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 previous drill programs
and previously released results from the current program 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
GB23-01: 3.25 m of 4.13% Cu and 4.30 m of 8.01% Cu (Benton 2023 drill hole)
GB23-02: 13.0 m of 8.31% Cu including 3.0 m of 12.80% Cu (Benton 2023 drill hole)
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 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.
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:
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.
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