18:50:05 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Benton Resources Inc
Symbol BEX
Shares Issued 165,000,000
Close 2023-12-04 C$ 0.17
Market Cap C$ 28,050,000
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Benton drills 12.3 m of 7.2% Cu at Great Burnt

2023-12-05 09:30 ET - News Release

Mr. Stephen Stares reports

BENTON INTERSECTS 12.30M OF 7.20% COPPER IN LATEST DRILL ASSAYS AT GREAT BURNT

Benton Resources Inc. is continuing to receive high-grade assay results from its recently completed 5,651-metre drill program at the Great Burnt copper deposit in south-central Newfoundland. The company has received an additional three drill holes, GB-23-06 to GB-23-08, further validating the high-grade nature of the deposit.

Highlights of these holes include drill hole GB-23-07, which intersected 12.3 metres grading 7.2 per cent copper, 7.12 grams per tonne silver and 0.05 per cent cobalt. The company remains extremely encouraged by the continued success in drilling and looks forward to compiling and releasing further results once received. Benton is now in the process of planning its winter exploration program at Great Burnt to expand the deposit down dip and down plunge, where it remains open.

President and chief executive officer Stephen Stares stated: "The copper grades intersected in drilling at the Great Burnt deposit are simply outstanding to date. In my career, I've not had the privilege to be involved in such a highly prospective project with tremendous upside potential. We are looking forward to our winter exploration program and expanding on this deposit."

In addition to drilling, prospecting and soil geochemical sampling have also concluded to the north of the main Great Burnt deposit. Samples have been submitted for analysis and will be reported upon receipt. Extensive compilation of historical data is progressing.

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 gold fire assay at 30 g plus ICP-34 method that delivers a 35-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by the ICP-OES analytical technique. Overlimits are analyzed with Eastern's atomic absorption method, using a 0.2 g to two g of the sample, digested with three acids. All reported assays are uncut. Eastern Analytical achieved ISO/IEC 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. 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 royalties with potential long-term cash flow.

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