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TAU.V ·

Benchmark Signs Communications and Engagement Agreement with Tahltan Central Government

Corporate Updates

Benchmark Signs Communications and

Engagement Agreement with Tahltan Central

Government

Edmonton, Alberta--(Newsfile Corp. - July 16, 2020) -

Benchmark Metals Inc.

(TSXV: BNCH)

(OTCQB: CYRTF) (WKN: A2JM2X)

(the "

Company

" or "

Benchmark

") and the Tahltan Central

Government ("TCG") are pleased to announce the signing of a Communications and Engagement

Agreement (the "Agreement") covering the Company's 100% owned Lawyers Gold-Silver Project

located in the prolific Golden Horseshoe of northern British Columbia, Canada.

The Agreement provides a framework for a collaborative working environment between the parties,

based on open dialogue, transparent communications and mutual cooperation with regards to the

Company's exploration activities at the Lawyers Project.

John Williamson, Benchmark CEO commented, "Today's announcement is another step forward in

fostering the positive and constructive relationship we share with the Tahltan Nation. The Company looks

forward to working in a collaborative manner with the Tahltan Nation as we continue to develop our

flagship gold-silver project."

About the Lawyers Gold-Silver Project

Benchmark's 100% owned Lawyers Gold-Silver Project is a 140 km

2

, road accessible property

surrounding the historic Cheni Mine, located 45 kilometres from the world-class Kemess Gold-Copper

Mine, within the prolific Golden Horseshoe of north-central British Columbia, Canada. Benchmark has

actively engaged First Nations in the territory for employment and consulting roles. The First Nations

participation with Benchmark over the past two (2) years has rapidly advanced the Project, and provided

the following previously disclosed results:

Near surface gold-silver mineralization;

7.0 m at 108 g/t gold and 911 g/t silver (drill core length);

33.53 m at 5.76 g/t gold and 128.65 g/t silver (drill core length);

High-grade and bulk-tonnage system;

5 resource expansion areas and 6 early stage targets for new discovery; and,

Targeting 1.68 million to 1.92 million ounce gold equivalent grading 1.71 To 1.73 AuEq g/t at Cliff

Creek Zone;

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 the Tahltan Nation

The Tahltan Central Government (TCG) is the administrative governing body of the Tahltan Nation. The

Iskut Band and the Tahltan Band continue to govern Tahltan interests with respect to the Indian Act. The

TCG is the representative government of the Tahltan Nation with respect to inherent Aboriginal title and

rights. The Tahltan Nation's Territory spans 95,933 square km of Northwest British Columbia or the

equivalent of 11 per cent of the province.

About Benchmark Metals

Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing

the substantial resource potential of the Lawyer's Gold and Silver Project, located in the prolific Golden

Horseshoe of northern British Columbia, Canada.

The Company trades 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.

Metals Group

To view an enhanced version of this image, please visit:

https://orders.newsfilecorp.com/files/6169/59893_b342327c5443baeb_001full.jpg

www.metalsgroup.com

ON BEHALF OF THE BOARD OF DIRECTORS

Benchmark is part of the Metals Group portfolio of companies. Metals Group is an award-winning team

of professionals who stand for technical excellence, painstaking project selection, uncompromising

corporate governance and a unique ability to pan through the rubble to discover and develop golden

opportunities.

s/ "J

ohn Williamson"

John Williamson

, Chief Executive Officer

For further information, please contact:

Jim Greig

Email:

[email protected]

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/59893