Benchmark Drills Multiple Zones of Mineralization in All 2019 Drill Holes Completed to Date at the Lawyers Gold- Silver Property
Benchmark Drills Multiple Zones of Mineralization in All
2019 Drill Holes Completed to Date at the Lawyers Gold-
Silver Property
Edmonton, Alberta--(Newsfile Corp. - July 30, 2019) -
Benchmark Metals Inc.
(TSXV: BNCH) (OTCQB: CYRTF) (WKN:
A2JM2X) (the "
Company
" or "
Benchmark
") - Benchmark is pleased to report successful drilling progress from the initial 6 drill
holes at the Lawyers Trend (Cliff Creek Zone). Drilling has intersected multi-metre mineralized intercepts in the initial phase of
the 2019 program. Five of the holes have returned 2-3 discrete mineralized intercepts within the same hole ranging from 1 to 46
metres in length. The mineralization at Cliff Creek is typified by intense quartz flooding and veining with associated pyrite and
sulphosalts within intermediate volcanic rocks of the highly-prospective Stikine Terrane. Drilling has totaled 1,391.73 metres to
date. The next series of holes is scheduled for the sub-parallel AGB zone, targeting extensions and off sets from the high-grade
historic mine area. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within
the prolific, mineral endowed 'Golden Horseshoe'.
John Williamson, CEO, commented, "The Benchmark geological team has hit targets on 100% of the drill holes. This includes
intervals of intense alteration, multiphase veining with mineralization intersected in all drill holes. All drilling is focused on
expanding zones and the discovery of new zones through step-out and deeper as much as 50 metres below known zones."
The 2019 exploration program is focussing on expansion of current mineral resources and exploration targets. Drilling will soon
commence at the AGB zone, where Benchmark previously reported historical high-grade drilling intersections of
108.36 g/t gold
and
911.2 g/t silver
over
7 metres
core length (DDH81AS43) and
6.96 g/t gold
and
254.70 g/t silver
over
57.9 metres
core
length (DDH82AS16).
To date, the company has collected 141 rock grab samples, 160 trench samples, and 1491 soil samples from across the
Property whilst conducting extensive mapping and structural interpretation of key areas. Outcrops of sulphide-bearing quartz
veins have been identified within the Black Lake intrusive rocks within the recently staked southern claims. Early indications from
XRF analysis has provided anomalous silver values. The Black Lake intrusive rocks are located approximately 8 kilometres
southeast of the main Lawyers Trend. This mineralization can be traced for over 500 metres in outcrop and felsenmeer.
These
samples have been prepped and transported for assay.
Figure #1 - 2019 drilling at the Cliff Creek Zone
To view an enhanced version of Figure #1, please visit:
https://orders.newsfilecorp.com/files/6169/46562_c5ca671b147b780c_001full.jpg
The technical content of this news release has been reviewed and approved by Michael Dufresne, P.Geol., P.Geo., a qualified
person as defined by National Instrument 43-101.
About Benchmark Metals Inc.
Benchmark is a Canadian mineral exploration company with its common shares listed for trading on the TSX Venture Exchange
in Canada, the OTCQB Venture 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.
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.
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