Benchmark Increases Width of Cliff Creek GOLD-Silver Zone and Adds Potential FOR Resource Expansion and Bulk Tonnage
Benchmark Metals Inc.
250 Southridge NW, Third Floor
Edmonton, AB CANADA T6H 4M9
b e n c h m a r k m e t a l s . c o m
BENCHMARK INCREASES WIDTH OF CLIFF CREEK GOLD-SILVER ZONE AND
ADDS POTENTIAL FOR RESOURCE EXPANSION AND BULK TONNAGE
Edmonton – October 27, 2018 – Benchmark Metals Inc. (the “Company” or “Benchmark”)
is pleased to announce new historical drill-hole assays at the Lawyers Gold & Silver Project,
located in the Golden Triangle region of British Columbia, Canada.
CEO John Williamson commented, “Early sample results from selected historical drill-holes
indicate that much of the Gold -Silver Lawyers deposit contain s mineralization adjacent to high -
grades zones. In addition to the high -grade intersections, significant widespread mineralization
indicates the potential for a larger bulk tonnage deposit. Near surface , wide zones of
mineralization envelope the previous historical high -grade zones and have the potential to
increase current resources.”
Cliff Creek Zone - Historical Core Sampling
Initial results from over 1,051 meters of newly sampled 2015 drill core at the Cliff Creek Zone
have been received. New results yielded additional mineralized gold and silver intersections
across holes which previously provided high-grade results. Drill-holes CC15-06 and CC15-12 are
initial results from t he sampling program that are combined with historical intersection s to
demonstrate wider lengths of mineralization. The intersections have potential to provide greater
confidence for resource estimate expansion. Benchmark antic ipates more results from the
historical sampling program. Historical and new sampling results from historical Cliff Creek drill
core are reported in gold equivalent (**AuEq) below. Images and map are available at
BenchmarkMetals.com
Sampling Tables - The table below represents new and selected assay results from 2015 core
samples collected at the Cliff Creek Zone.
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Figure #1 – Drill Hole CC15-06 Section
Figure #2 - Drill Hole CC15-12 Section
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Figure #3 – Plan Location Map
*Cliff Creek & Dukes Ridge Inferred Resource: Lane et al., 2018 - Benchmark NI43-101 Report, SEDAR
Lawyers Gold and Silver Project
The Lawyers Property and formerly producing Cheni Gold and Silver Mine is located 45 km
northwest of the Kemess Gold and Copper Mine. The Property contains an existing Mineral
Resource hosts a minimum of 16 existing gold and silver occurrences that were never fully mined,
developed or explored. The 99km 2 prospective land package presents a unique opportunity for
Benchmark to carry out exploration on a ‘camp’ scale. There remains excellent potential for the
discovery of additional low and high -sulphidation epithermal precious metal deposits like those
that have been discovered and explored to date in the Golden Triangle region.
Quality Assurance and Control
Results from samples was analyzed at ALS Global Laboratories (Geochemistry Division) in
Vancouver, Canada (an ISO 9001:2008 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
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atomic emission spectrometry and gravimetric finish when required (+10g/t Au). Analysis by four
acid digestion with 48 element ICP-MS analysis was conducted on all samples with silver and base
metal overlimits re-analyzed by atomic absorption or emission spectrometry. Rock chip samples
from outcrop/bedrock are s elective by nature and they 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 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 German Stock Exchanges 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, President
Tel: (604) 260-6977
*Inferred mineral resources are not mineral reserves. Mineral resources, which are not mineral reserves, do not have
demonstrated economic viability. There has been insufficient exploration to allow for the classification of the inferred resources
tabulated above as an indicated or measured mineral resource, however, it is reasonably expected that the majority of the inferred
mineral resources could be upgraded to indicated mineral resources with continued exploration. There is no guarantee that any
part of the mineral resources discussed herein will be converted into a mineral reserve in the future.
**The following prices of metals and conversions are used to calculate AuEq; $US1,200/oz for Au and $US14.50/oz for Ag;
AuEQ = [(Au g/t * 1200 * 0.95 / 31.1035 g/oz) + ( Ag g/t * 14.50 * 0.82 /31.1035 g/oz)]/ (1200 * 0.95 / 31.1035).
***Contained ounces may not add due to rounding.
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. 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.