09:34:42 EDT Wed 01 May 2024
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Benton Resources Inc
Symbol BEX
Shares Issued 173,131,787
Close 2024-02-09 C$ 0.16
Market Cap C$ 27,701,086
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Benton Resources sends crews to Great Burnt

2024-02-12 11:53 ET - News Release

Mr. Stephen Stares reports

BENTON MOBILIZES CREWS FOR PHASE 2 DRILL PROGRAM AT GREAT BURNT COPPER-GOLD PROJECT IN NEWFOUNDLAND

Benton Resources Inc. has mobilized crews to the Great Burnt camp and the work is under way to prepare sites for winter 2024 diamond drilling.

Benton plans to conduct a minimum of 3,000 m of drilling in this second phase which will target expansion and infill of the Great Burnt Main deposit. The drill crews are expected to arrive early this week. The Company will update shareholders as soon as drilling commences.

Highlights from Benton's Phase 1 drill program include:

GB23-02: 13.00 m of 8.31% Cu, incl 3.00 m of 12.80% Cu

GB23-04: 26.87 m of 7.18% Cu, incl 11.16 m of 10.28% Cu

GB23-07: 12.30 m of 7.20% Cu, incl 7.00 m 10.60% Cu

GB23-12: 25.42 m of 5.51% Cu, incl 1.00 m of 8.77%Cu, 82.00g/t Ag, 4.43g/t Au

GB23-15: 22.59 m of 5.03% Cu, incl 0.50 m of 20.00% Cu

GB23-16: 13.67 m of 5.80% Cu, incl 1.00 m of 20.60% Cu

GB23-18: 8.17 m of 4.22% Cu, incl 7.05 m of 4.11% Cu

GB23-21: 24 m of 5.81% Cu, incl 7.00 m of 11.47% Cu

GB23-22: 21.68 m of 3.59% Cu, incl 2.00 m of 15.3% Cu

Note: Intervals reported for the Phase 1 2023 drilling are core lengths, estimated to be approximately 90-95% of true width for holes GB-23-11, 12, 13, 14, 22 and approximately 70% of true width for the remaining holes. Intercepts do not include stringer/disseminated mineralization.

QA/QC Protocols

Core and rock samples, including standards, blanks and duplicates, are submitted to Eastern Analytical Ltd., Springdale, Newfoundland 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 analysed using Eastern's Au (Fire assay) @ 30g + ICP-34 method that delivers a 35-element package utilizing a 200mg subsample totally dissolved in four acids and analysed by ICP-OES analytical technique. Overlimits are analysed with Eastern's atomic absorption method, using a 0.200g to 2.00g of sample, digested with three acids. All reported assays are uncut. Eastern Analytical Ltd. achieved ISO 17025 accreditation in February 2014 (for more details on the scope of accreditation visit the CALA website).

QPStephen House (P.Geo.), Vice President of Exploration for Benton Resources Inc., 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, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

Benton is currently focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland, which has a Mineral Resource estimate of 442,000 tonnes @ 2.50% Cu Indicated and 829,000 @ 2.11% Cu Inferred. The Project has an excellent geological setting covering 25 km of strike and boasts six known Cu-Au-Ag zones over 15 km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies. The Phase 1 drill program consisting of over 5,650 metres has just been wrapped and results include 25.42 m of 5.51% Cu, including 9.78 m of 8.31% Cu, and 1.00 m of 12.70% Cu from hole GB-23-12. Preparation for Phase 2 drilling is underway.

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