15:45:24 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Benton Resources Inc
Symbol BEX
Shares Issued 165,269,287
Close 2023-11-20 C$ 0.20
Market Cap C$ 33,053,857
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Benton drills 26.87 m of 7.18% Cu at Great Burnt

2023-11-20 11:09 ET - News Release

Mr. Stephen Stares reports

BENTON DRILLS 26.87M OF 7.18% CU, INCLUDING 10.28M OF 11.16% CU AT GREAT BURNT

Benton Resources Inc. has received assay results for three additional drill holes that continue to expand and better define the Great Burnt copper deposit. Hole GB-23-04 intersected 26.87 metres grading 7.18 per cent Cu, including 10.28 m grading 11.16 per cent Cu. GB-23-03 and GB-23-05 were both drilled up dip from historic holes and intersected the Cu-rich zone. These results will expand the deposit, which remains open for further expansion. The company's drill program is still continuing with 4,906 m drilled in 18 drill holes thus far, all of which have intersected stringer, semi-massive and massive sulphides. The company would also like to mention that the assays have returned significant cobalt values that could significantly enhance the economics of the deposit. Cobalt is another designated critical metal in Canada and the attached table shows the cobalt, which was not previously reported for holes GB-23-01 and GB-23-02.

President and chief executive officer Stephen Stares states: "The Great Burnt drilling is delivering exceptional results in grades and thicknesses. It is extremely rare to have such great success so early in an inaugural program. This speaks volumes to the potential of this high-grade project. I'm truly excited about the exploration for the remaining 2023 season and moving into 2024."

GB-23-01 through GB-23-18 are summarized in the table herein.

In addition to drilling, extensive compilation of historical data is continuing and prospecting and soil geochemical sampling continue to the north of the main Great Burnt deposit.

Hole GB-23-05 was a twin of a historic hole (within approximately five m of the main deposit pierce point of historic hole GB85). GB85 was drilled using an AX/EX core size.

There is a significant increase in Cu grade between holes GB85 and its twin hole GB-23-05 from the current drilling using NQ core (diameter of 47.6 millimetres), with greater-than-95-per-cent core recovery, as compared with GB85 drilled using AX (diameter of 30.2 mm) and EX (diameter of 22.2 mm) core sizes. The company's plan is to twin several other historic holes to determine if this grade increase is consistent.

Quality assurance/quality control protocols

Core and rock samples, including standards, blanks and duplicates, are submitted to Eastern Analytical Ltd., Springdale, Nfld., for preparation and analysis. All samples were acquired by saw-cut (channels/drill core) with one-half submitted for assay and one-half retained for reference, or hand (rocks) and delivered, by Benton personnel, in sealed bags, to the Springdale lab of Eastern Analytical, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using Eastern's Au (fire assay) at 30 grams plus ICP-34 method that delivers a 35-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by inductively coupled plasma optical emission spectroscopy analytical technique. Overlimits are analyzed with Eastern's atomic absorption method, using 0.200 g to two g of sample, digested with three acids. All reported assays are uncut. Eastern Analytical achieved ISO 17025 accreditation in February, 2014.

Qualified person

Stephen House (PGeo), vice-president of exploration for Benton Resources, the qualified person under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio of gold, silver, nickel, copper, platinum group elements, and, most recently, lithium and cesium assets. In addition, it currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, Benton retains net smelter return (NSR) royalties with potential long-term cash flow.

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