Mr. Stephen Stares reports
BENTON ACQUIRES ADDITIONAL LAND AT ITS DOMINION LAKE PROJECT AND COMMENCES SUMMER EXPLORATION
Benton Resources Inc. will purchase a 100-per-cent interest in additional claims from Herb and April Froude, arm's-length prospectors, which will be added to the original option agreement dated Nov. 25, 2024 (see news release dated Nov. 28, 2024). Subject to regulatory approval, the company will make a one-time cash payment of $3,000 and issue 20,000 common shares. The additional land includes three licences totalling 36 claim units covering favourable VMS (volcanogenic massive sulphide) and gold geology and lies strategically adjacent to the company's Dominion land position.
The company has established exploration accommodations, mobilized crews and have been working for the past three weeks. Prospecting and soil sampling are continuing and trenching priority target areas will commence shortly.
Target areas include:
- A new gold zone at Bear No. 3 of with grab samples up to 10.8 grams per tonne Au (gold).
- The Rickirb gold zone with grab samples up to 6.41 g/t Au received over 200 m of intermittent bedrock exposure.
- The Trinity base metal zone with surface samples returning assays up to 14.6 per cent Zn (zinc), 1.31 per cent Pb (lead), 2.53 per cent Cu (copper) and 68.7 g/t Ag (silver) and 0.17 g/t Au.
- The Bear alteration zone is a broad, multitarget alteration zone with several base metal subcrop and float occurrences with associated geochemical and geophysical anomalies. At one location, historical drill hole BA-00-01 cut high-grade massive sulphides assaying 6.90 per cent Zn, 8.90 per cent Pb, 0.68 per cent Cu and greater than 6.0 g/t Ag over 0.16 m (Kelmet Resources Ltd. 2001 Assessment Report, Newfoundland Department of Industry, Energy and Technology, Geofile 012A_0998). Also at Bear No. 2, a high-grade float sample returned 19.2 per cent Zn, 0.09 per cent Cu, 2.26 per cent Pb, 80.9 g/t Ag and 2.27 g/t Au with an associated VLF anomaly to the immediate north.
- The Big Kahuna Search, two new areas of massive sulphides to be stripped.
- The Costigan Lake area, a zone of altered felsic volcanics with multiple VLF and AEM conductors. Recent Benton prospecting returned float in the area assaying 1.25 per cent Zn and 10.7 g/t Ag.
The company is also planning prospecting and soil sampling in the area where highly anomalous and significant copper and zinc values were intercepted in historical drill hole HRP-08-01. The drill hole cut 1.5 metres grading 1.02 per cent Cu, 1.83 per cent Zn and 10.5 g/t Ag starting at a shallow depth of 48.3 m and is wide open for further drilling (Royal Roads Corp. 2008 Assessment Report, Newfoundland Department of Industry, Energy and Technology, Geofile No. 12A/1491). This hole is located approximately 1,500 m southwest of the Canterra Mineral Corp.'s (CTM) Daniel's Pond VMS deposit, and just 600 m west-southwest from Benton's newly discovered Rickirb gold zone. In addition, further work will target favourable geology along strike of CTM's Bobby's Pond VMS deposit.
The company acquired the Dominion Lake project in 2024 after a large parcel of land became available for staking and has since accumulated a very large and prospective land position with many new discoveries in excellent geology.
The company will update shareholders on its high-grade Great Burnt copper-gold project in the coming weeks.
QP (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.
QA/QC (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 Au (fire assay) at 30 g plus ICP-34 method that delivers a 34-element package utilizing a 200-milligram subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Overlimits are analyzed with Eastern's atomic absorption method, using a 0.200 g to 2.00 g 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). Grab samples are selective in nature and may not represent the average mineralization of a bedrock exposure.
About Benton Resources Inc.
Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, Benton retains net smelter return (NSR) royalties with potential long-term cash flow.
Benton is 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 Cu indicated and 482,000 at 2.35 per cent 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. Phase 1 and 2 drill programs returned impressive results including 25.42 m of 5.51 per cent Cu, including 9.78 m of 8.31 per cent Cu, and 1.00 m of 12.70 per cent Cu. Drilling at the South Pond gold zone, approximately 7.5 km north of the Great Burnt copper-gold zone, has confirmed a robust gold-mineralized system over 2.5 km with results of 74.20 m of 1.43 g/t Au and 43.75 m of 1.62 g/t Au, and is open for expansion in all directions.
We seek Safe Harbor.
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