Unit 300, 250 Southridge NW
Benchmark Metals Inc.
Unit 300, 250 Southridge NW
Edmonton, AB CANADA T6H 4M9
benchmarkmetals.com
BENCHMARK BEGINS DRILLING RECENT HIGH-GRADE GOLD AND SILVER
SURFACE SHOWINGS OF 220 g/t GOLD, 160 g/t GOLD,
+10,000 g/t SILVER AND 5,370 g/t SILVER
Edmonton – September 18, 2018 – Benchmark Metals Inc. (the “Company” or “Benchmark”)
(TSX-V: BNCH) (OTCQB: CYRTF) (GER: A2JM2X) (FKT: A7CA) – is pleased to announce
commencement of drilling at the Lawyers Gold & Silver Project, located in the Golden
Triangle region of British Columbia, Canada.
CEO John Williamson commented, “ We are excited to begin our drill program that will target
large mineralized zones that included recent rock samples of 220g/t gold, 160g/t gold, +10,000g/t
silver and 5,370g/t silver. We are very encouraged that recent sampling is on trend to extend the
existing resource and is above and along strike to historical drilling that graded 293.40g/t gold
and 7,622g/t silver over 0.70m in the Cliff Creek Zone (DDH: CC15-12). The high-grade sampling
represents some of the largest values that I have seen in my career. We are expecting this drilling
to expand the existing resource at Cliff Creek and identify new resource potential at adjacent and
connected zones across a 2.5km by 2.5km area.”
Drill Targets
The diamond (DD) and reverse circulation (RC) drilling program consists of about 4,000m
targeting extensions to the existing resources along with shallow, near surface showings that were
previously undefined and under-explored. Drilling at the Cliff Creek and Dukes Ridge resource
areas includes step-out and deeper drilling to expand the margins of the existing maiden Resource
Estimate announced on June 14, 2018.
Zones for immediate f ocus will include Phoenix, MGrid, Dukes Ridge and Cliff Creek. Each of
the zones are areas where Benchmark geologists sampled high-grade gold and silver rocks. Each
of the zones show anomalous gold and silver that extend on average over 500 meters at surface.
The Phase 1 drill program will establish the potential for additional resources near surface and will
test the potential for a significant new discovery.
Figure 1 below illustrates drill target locations over mineralized zones of selected high-grade rock
results. Recent rock grab results were announced September 13, 2018 and September 4, 2018.
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Figure 1 – Drill Target Locations
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 (announced on June 14, 2018 ) and hosts a minimum of 16 existing gold and silver
occurrences that were never fully mined, developed or explored. Work during the 2018 exploration
program has focused on mineralized zones with exposure at surface. Each zone remains open
along and across strike, and at depth with the potential to extend mineralization hundreds of meters.
The 99km2 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. In addition, there exists the possibility for the
discovery of near -surface or buried ‘bulk tonnage’ deposits which may offer the advantage of
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economies of scale should future mine development occur.
Quality Assurance and Control
All samples are being analyzed at ALS Global Laboratories (Geochemistry Division) in
Vancouver, Canada (an ISO 9001:2008 accredited facility). The sampling program is being
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 is being assayed using a
fire assay with atomic emission spectrometry and gravimetric finish when required (+10g/t Au).
Analysis by four acid diges tion with 48 element ICP -MS analysis is being conducted on all
samples with silver and base metal overlimits re -analyzed by atomic absorption or emission
spectrometry. Appropriate standards, blanks and duplicates are or will be inserted as required for
the drilling program. Rock grab samples from outcrop/bedrock are selective by nature and they
may or 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: (780) 437-6624
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.
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
CERTAIN STATEMENTS MADE AND INFORMATION CONTAINED HEREIN MAY CONSTITUTE “FORWARD-
LOOKING INFORMATION” AND “FORWARD-LOOKING STATEMENTS” WITHIN THE MEANING OF APPLICABLE
CANADIAN AND UNITED STATES SECURITIES LEGISLATION. THESE STATEMENTS AND INFORMATION ARE
BASED ON FACTS CURRENTLY AVAILABLE TO THE COMPANY AND THERE IS NO ASSURANCE THAT ACTUAL
RESULTS WILL MEET MANAGEMENT’S EXPECTATIONS. FORWARD -LOOKING STATEMENTS AND
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INFORMATION MAY BE IDENTIFIED BY SUCH TERMS AS “ANTICIPATES”, “BELIEVES”, “TARGETS”,
“ESTIMATES”, “PLANS”, “EXPECTS”, “MAY”, “WILL”, “COULD” OR “WOULD”.
FORWARD-LOOKING STATEMENTS AND INFORMATION CONTAINED HEREIN ARE BASED ON CERTAIN
FACTORS AND ASSUMPTIONS REGARDING, AMONG OTHER THINGS, THE ESTIMATION OF MINERAL
RESOURCES AND RESERVES, THE REA LIZATION OF RESOURCE AND RESERVE ESTIMATES, METAL PRICES,
TAXATION, THE ESTIMATION, TIMING AND AMOUNT OF FUTURE EXPLORATION AND DEVELOPMENT,
CAPITAL AND OPERATING COSTS, THE AVAILABILITY OF FINANCING, THE RECEIPT OF REGULATORY
APPROVALS, ENVIRONMENTAL RISKS, TITLE DISPUTES AND OTHER MATTERS. WHILE THE COMPANY
CONSIDERS ITS ASSUMPTIONS TO BE REASONABLE AS OF THE DATE HEREOF, FORWARD- LOOKING
STATEMENTS AND INFORMATION ARE NOT GUARANTEES OF FUTURE PERFORMANCE AND READERS SHOULD
NOT PLACE UNDUE IMPORTANCE ON SUCH STATEMENTS AS ACTUAL EVENTS AND RESULTS MAY DIFFER
MATERIALLY FROM THOSE DESCRIBED HEREIN. THE COMPANY DOES NOT UNDERTAKE TO UPDATE ANY
FORWARD-LOOKING STATEMENTS OR INFORMATION EXCEPT AS MAY BE REQUIRED BY APPLICABLE
SECURITIES LAWS.