03:19:28 EST Wed 13 Nov 2024
Enter Symbol
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Benton Resources Inc
Symbol BEX
Shares Issued 171,769,287
Close 2024-01-02 C$ 0.20
Market Cap C$ 34,353,857
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Benton drills 25.42 m of 5.51% Cu at Great Burnt

2024-01-03 11:30 ET - News Release

Mr. Stephen Stares reports

BENTON INTERSECTS 5.51% COPPER OVER 25.42M INCLUDING 8.31% OVER 9.78M IN GB-23-12 AT GREAT BURNT

Benton Resources Inc. has received further impressive assay results from its recently completed phase 1 drill program at the Great Burnt copper deposit in south-central Newfoundland. The company's latest three drill holes have significantly expanded the continuity of the high-grade core along strike and down plunge, and it remains open to further expansion. GB-23-12, which cut 25.42 metres grading 5.51 per cent copper (Cu) is considered to be near the core of the high-grade lens, which is the deepest high-grade drill intersection on the Great Burnt deposit to date. An interval within this zone returned 8.77 per cent Cu, 4.43 grams per tonne (g/t) gold (Au), 82 g/t silver (Ag) and 1.12 per cent zinc (Zn) over one m. In addition, GB-23-13 and GB-23-14 also intersected the copper-rich zone, which is believed to be the up-dip and down-dip extension of the lens. Please see the attached summary table for the complete results to date.

The company continues to be very encouraged with the expansion of this high-grade system, where it remains open up/down dip, down plunge and along strike. It is looking forward to further results as the company prepares for the future drill program, with the objective of expanding and continuing to confirm and improve upon the known high grades within the deposit.

GB-23-01 through GB-23-22 are summarized in the associated table.

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.

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