Mr. Stephen Stares reports

BENTON COMMENCES PHASE 2 DRILLING AT THE GREAT BURNT COPPER-GOLD PROJECT AND CONSIDERS OPTIONS FOR THE HIGH-GRADE URANIUM DISCOVERY AT KEPENKECK JOINT VENTURE

Benton Resources Inc. has commenced its phase 2 diamond drilling program at Great Burnt project, with drill pad preparation under way for testing the down-dip and down-plunge extensions of GB-23-12, which cut 25.42 metres grading 5.51 per cent copper (Cu) (see news release dated Jan. 3, 2024). The company plans to complete a minimum of 3,000 m of drilling in this program, which will target expansion and infill of the Great Burnt Main deposit. Results will be released as they are received and compiled by the company.

In addition, given the current uranium price, as well as the market interest in uranium, the company and its joint venture partner Sokoman Minerals Corp. (together, the alliance) are exploring the excellent uranium potential at its Kepenkeck project. While exploring for gold in 2022, the alliance discovered high-grade uranium where five samples were collected from a radioactive area of black topsoil and sandy till, and returned significant uranium values grading between 0.06 per cent and 1.86 and triuranium octoxide (U308). The area sits in favourable geology along the projected contact of a hot radioactive granite and sedimentary unit that could host a high-grade roll-front and/or low-grade granite-type uranium deposit. The alliance is considering its options for advancing the discovery, including optioning or selling the project. Interested parties should contact Benton or Sokoman's management team for further information.

Qualifed 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.

Benton is currently focused on advancing its high-grade copper-gold Great Burnt project in central Newfoundland, which has a mineral resource estimate of 667,000 tonnes at 3.21 per cent copper indicated and 482,000 tonnes at 2.35 per cent Cu inferred (P&E Mining Consultants, 2022). The project has an excellent geological setting, covering 25 kilometres of strike, and boasts six known copper-gold-silver 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 copper-gold soil anomalies. The phase 1 drill program consisting of over 5,650 metres has just been wrapped and results include 25.42 metres of 5.51 per cent copper, including 9.78 m of 8.31 per cent Cu, and one m of 12.7 per cent Cu from hole GB-23-12. Phase 2 drilling is under way.

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