Benchmark Signs a Detailed Agreement with Tahltan Nation to Advance Its Gold-Silver Project Towards Production
Benchmark Signs a Detailed Agreement with
Tahltan Nation to Advance Its Gold-Silver
Project Towards Production
Edmonton, Alberta--(Newsfile Corp. - May 31, 2022) -
Benchmark Metals Inc.
(TSXV: BNCH)
(OTCQX: BNCHF) (WKN: A2JM2X)
(the "
Company
" or "
Benchmark
") - is pleased to announce
signing of a new Agreement with the Tahltan Central Government (TCG) on May 2, 2022. The
Agreement establishes collaborative processes to support the constructive engagement of the TCG in
Benchmark's exploration program at the Lawyers Gold-Silver Project and ensure the TCG can
meaningfully participate in all aspects of the exploration program and the associated economic benefits.
The Agreement is an important step towards developing a strong collaborative relationship with TCG
and advancing Benchmark's gold-silver project. The Agreement is a key component towards social
license for mine permitting and is intended to form the basis of a larger agreement when the project
advances towards regulatory approvals for an operational mine. Benchmark will work constructively with
First Nations and advance the Project in a sustainable manner that provides social and economic
opportunities. Benchmark's flagship Lawyers Gold-Silver Project is road accessible and located within
the Golden Horseshoe area of north-central British Columbia, Canada.
John Williamson, CEO, commented, "Benchmark is very encouraged to be working cooperatively with
the TCG. Building a collaborative and meaningful relationship with TCG will enable continued success to
advance the Lawyers Gold-Silver Project to a mining decision. Benchmark is rapidly advancing its
Project that continues to deliver near-term results and major milestones during 2022 and 2023."
The signing of this collaborative Agreement is considered a major achievement to advance the
Company's project to a production scenario. Benchmark will continue to engage and utilize First Nations
talent for employment and consultancy work with near-term achievements that include:
Technical, environmental, mineral resource expansion and regional discovery drilling during 2022;
Potential for additional new discoveries;
Q2, 2022 - Expanded Mineral Resource Estimate (MRE);
Q3, 2022 - Preliminary Economic Assessment (PEA), and;
2023 - Feasibility Study and entry into environmental assessment processes.
Tahltan Central Government (TCG)
The purpose of the
TCG
is to define and protect Tahltan inherent aboriginal rights and title, to protect the
eco-systems and natural resources of Tahltan traditional territory through pursuing sustainable economic
development, and to strengthen the cultural wellness of the Tahltan Community by promoting traditional
values based on the concepts of caring, sharing, cooperation, truth, honour, fairness and above all,
respect.
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.
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