13:52:38 EDT Wed 01 May 2024
Enter Symbol
or Name
USA
CA



Benton Resources Inc
Symbol BEX
Shares Issued 173,094,287
Close 2024-01-19 C$ 0.185
Market Cap C$ 32,022,443
Recent Sedar Documents

Benton Resources samples up to 4.35% Cu at Great Burnt

2024-01-19 10:38 ET - News Release

Mr. Stephen Stares reports

BENTON'S PROSPECTING AND TRENCHING PROGRAM RETURNS MORE HIGH-GRADE COPPER AND GOLD RESULTS WITHIN THE GREAT BURNT PROJECT; ENGAGES GROVE FOR INVESTOR RELATIONS SERVICES

Benton Resources Inc.'s second batch of trenching and prospecting samples has returned several high-grade copper and gold zones at surface, up to 14 kilometres north from the Great Burnt Main zone (GBMZ), all part of the company's recently acquired Great Burnt copper-gold project in Newfoundland.

Several surface grab samples located on or near airborne electromagnetic (AEM) conductors have outlined significant mineralized areas at the North stringer zone (approximately 0.5 km north of GBMZ) and at the South Pond zone (approximately 14 km north of the GBMZ). The surface zones were discovered by prospecting in the vicinity of 1970s drilling that previously identified copper mineralization. Highlights of selective individual grab samples from the zones include:

  • North stringer zone graded up to 4.35 per cent copper (Cu), 0.37 gram per tonne (g/t) gold (Au) and 0.03 per cent cobalt (Co), and 2.67 per cent copper, 0.28 g/t gold and 0.01 per cent cobalt.
  • Trench 13 graded up to 0.14 per cent copper, 3.71 g/t gold and 0.01 per cent cobalt, and 0.13 per cent copper, 2.14 g/t gold and 0.01 per cent cobalt.

See the table entitled "Samples from prospecting/trenching" for significant results from the two areas. The company will proceed to enlarge the exposures of selected mineralized zones to permit geological mapping and channel sampling as much as possible in the 2024 season.

In addition, the company is pleased to announce that it has entered into an agreement with Grove Corporate Services to provide investor relations services to the company, subject to TSX Venture Exchange approval. Grove will be paid $6,000 per month for an initial term of six months, which will continue on a monthly basis unless Grove or the company provides 90 days written notice of termination. To the knowledge of the company, Grove does not currently hold a position in Benton.

Quality assurance/quality control (QA/QC) 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 (rock/grab sample) 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 grams 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 (inductively coupled plasma optical emission spectrometry) 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.

We seek Safe Harbor.

© 2024 Canjex Publishing Ltd. All rights reserved.