Benchmark Drills 3.05 Metres of 73.60 g/t Gold and 1738.50 g/t Silver or 95.33 g/t Gold Equivalent Near Surface at the Cliff Creek Deposit
Benchmark Drills 3.05 Metres of 73.60 g/t Gold
and 1738.50 g/t Silver or 95.33 g/t Gold
Equivalent Near Surface at the Cliff Creek
Deposit
Edmonton, Alberta--(Newsfile Corp. - February 4, 2022) -
Benchmark Metals Inc.
(TSXV: BNCH)
(OTCQX: BNCHF) (WKN: A2JM2X) (the "
Company
" or "
Benchmark
") is pleased to announce new
results from 7 infill and expansion drill holes from the northern portion of the Cliff Creek deposit (Cliff
Creek North - CCN). Drilling has yielded broad zones of bulk-tonnage and high-grade mineralization.
The intersections continue to define zones of high-grade bulk tonnage including
30.48 metres (m) core
length of 8.96 grams per tonne (g/t) gold and 233.04 g/t silver or 11.87 g/t gold equivalent
(AuEq)* with 3.05 m of 73.60 g/t gold and 1738.50 g/t silver or 95.33 g/t AuEq*
in drill hole
21CCRC041 (Figure 1). The new drill results show significant expansion potential with continued strong
mineralization along the margins of the 2021 modelled pit shell. The results are providing a vectoring tool
to model and expand additional, robust high-grade mineralized systems to the south (Figure 2). The Cliff
Creek North zone remains open showing strong continuity from surface to
over 550 vertical metres
depth with potential for open pit as well as underground mining. Benchmark's flagship Lawyers Gold-
Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-
central British Columbia, Canada.
John Williamson, CEO, commented, "The Cliff Creek North area continues to provide more high-grade
gold and silver material. The new results are filling gaps with tighter drill spacing that is demonstrating
mineralization that will grow the forthcoming Mineral Resource Estimate. In addition, the high-grade, near
surface mineralization is showing potential as an initial mining area (pit) that could significantly boost
economics in the Preliminary Economic Assessment (PEA)."
Highlights
Increasingly robust mineralization with high-grade mineralization within high-grade bulk tonnage
zones in the upper southeast portion of Cliff Creek North, demonstrating effective targeting of the
modelled high-grade mineralization trending to the south that includes
30.48 metres (m) of 8.96
g/t gold and 233.04 g/t silver or 11.87 g/t AuEq* with 15.24 m of 17.59 g/t gold and 454.33
g/t silver or 23.27 g/t AuEq*
in drill hole 21CCRC041, and;
At-depth testing of the southern portions of the 2021 $1600 modelled pit shell at Cliff Creek North
intersected
38.33 m core length of 4.18 g/t gold and 117.32 g/t silver or 5.64 g/t AuEq with
4.00 m of 8.80 g/t gold and 433.75 g/t silver or 14.22 g/t AuEq*
in drill hole 21CCDD023, and;
Excellent continuity of infill and expansion drilling within the Cliff Creek North zone including
153.00
m of 1.24 g/t gold and 17.73 g/t silver or 1.46 g/t AuEq with 6.44 m of 2.51 g/t gold and
54.94 g/t silver or 3.19 g/t AuEq*
in drill hole 21CCDD047.
Figure 1: Plan map at the Cliff Creek Zone
highlighting new 2021 drill results.
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6169/112780_d00b40cbd4a25bac_001full.jpg
Figure 2: Long-section at the Cliff Creek Zone
showing gold and silver results from a series of drill
holes.
To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/6169/112780_d00b40cbd4a25bac_002full.jpg
Table 1: Drill results summary from the Cliff Creek North Zone
Drillhole
From (m)
To (m)
Interval
(m)*
Au (g/t)
Ag (g/t)
AuEq (g/t)
21CCDD010
22.04
23.78
1.74
4.27
109.91
5.64
88.00
118.00
30.00
1.28
60.01
2.04
incl.
103.34
110.00
6.66
3.09
206.88
5.68
incl.
107.00
109.00
2.00
7.38
592.50
14.78
140.00
149.96
9.96
0.29
14.64
0.48
175.00
177.00
2.00
1.08
47.50
1.67
21CCDD023
42.54
43.49
0.95
2.28
30.76
2.66
247.00
248.40
1.40
1.81
33.74
2.23
260.00
281.00
21.00
0.54
21.16
0.80
incl.
267.00
274.00
7.00
1.15
54.15
1.82
incl.
272.00
273.00
1.00
3.61
115.00
5.05
290.67
329.00
38.33
4.18
117.32
5.64
incl.
290.67
291.17
0.50
6.00
115.00
7.44
and
293.00
297.00
4.00
8.80
433.75
14.22
and
317.00
319.00
2.00
40.45
725.00
49.51
and
321.00
322.00
1.00
5.02
97.60
6.24
7.00
26.00
19.00
0.77
6.90
0.86
incl.
15.00
16.00
1.00
9.59
41.70
10.11
21CCDD038
149.80
189.85
40.05
0.93
33.62
1.35
incl.
155.68
169.21
13.53
2.03
70.30
2.91
incl.
168.40
169.21
0.81
9.18
299.00
12.92
21CCDD047
43.00
61.00
18.00
0.82
42.70
1.35
incl.
48.00
49.00
1.00
4.13
56.60
4.84
187.00
340.00
153.00
1.24
17.73
1.46
incl.
213.56
220.00
6.44
2.51
54.94
3.19
or
333.77
334.79
1.02
89.50
154.00
91.43
21CCDD048
12.33
45.00
32.67
0.30
3.46
0.34
incl.
12.33
13.31
0.98
2.83
40.40
3.34
168.00
241.00
73.00
1.92
45.37
2.49
incl.
170.00
171.00
1.00
45.10
1250.00
60.73
and
228.00
229.00
1.00
17.30
67.00
18.14
21CCDD050
117.40
130.00
12.60
0.72
17.67
0.94
incl.
117.40
118.27
0.87
1.67
188.00
4.02
165.00
283.52
118.52
0.94
29.39
1.31
incl.
225.00
225.45
0.45
16.35
488.00
22.45
and
280.00
282.08
2.08
8.13
326.76
12.22
21CCRC041
12.19
51.82
39.62
1.17
43.60
1.71
incl.
27.43
42.67
15.24
2.64
99.80
3.89
incl.
38.10
39.62
1.52
15.10
643.00
23.14
80.77
111.25
30.48
8.96
233.04
11.87
incl.
80.77
96.01
15.24
17.59
454.33
23.27
incl.
89.92
92.96
3.05
73.60
1738.50
95.33
*
Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
** Intervals are core-length. True width is estimated between 80 to 90% of core length.
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver,
Canada (an ISO/IEC 17025:2017 accredited facility). The sampling program was undertaken by
Company personnel under the direction of Rob L'Heureux, P.Geol. A secure chain of custody is
maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic
emission spectrometry and gravimetric finish when required (+10 g/t Au). Analysis by four acid digestion
with 48 element ICP-MS analysis was conducted on all samples with silver and base metal over- limits
being re-analyzed by atomic absorption or emission spectrometry. Rock chip samples from
outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on
the project.
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc,
P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.
About Benchmark Metals
Benchmark Metals Inc. is a Canadian based gold and silver company advancing its 100% owned
Lawyer's Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia,
Canada. The Project consists of three mineralized deposits that remain open for expansion, in addition
to +20 new target areas along the 20 kilometre trend. The Company trades on the TSX Venture
Exchange in Canada, the OTCQX Best Market in the United States, and the Tradegate Exchange in
Europe. Benchmark is managed by proven resource sector professionals, who have a track record of
advancing exploration projects from grassroots scenarios through to production.
www.metalsgroup.com
ON BEHALF OF THE BOARD OF DIRECTORS
s/ "John Williamson"
John Williamson
, Chief Executive Officer
For further information, please contact:
Jim Greig
Email:
Telephone: +1 604 260 6977
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT
TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
This news release may contain certain "forward looking statements". Forward-looking statements involve
known and unknown risks, uncertainties, assumptions and other factors that may cause the actual
results, performance or achievements of the Company to be materially different from any future results,
performance or achievements expressed or implied by the forward-looking statements. Any forward-
looking statement speaks only as of the date of this news release and, except as may be required by
applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking
statement, whether as a result of new information, future events or results or otherwise.
To view the source version of this press release, please visit
https://www.newsfilecorp.com/release/112780