Benton Resources Completes Lake Sediment Sampling Survey and Commences Detailed Airborne Magnetic Survey at the Panama Project, Red Lake Mining District
TSX VENTURE: BEX
Thunder Bay, Ontario--(Newsfile Corp. - April 25, 2019) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has collected 120 lake sediment samples which have now been submitted for analysis at Activation Laboratories in Thunder Bay, ON. The survey was completed on Slate Lake and designed to delineate the source of the 107 gold grains in a glacial till sample collected by the Geological Survey of Canada, 1999 (Open File 3038). This sample had the highest count of gold grains in the survey and the bedrock source has yet to be determined but believed to be within the area of the sediment survey.
Benton has also contracted Prospectair Geosurveys to fly a highly detailed, 50-metre spaced airborne magnetic survey over the entire project, scheduled to be completed within two weeks. Interpretation of the survey will aid in targeting favourable structures, folds and lithological contacts for summer prospecting and mapping.
Highlights from Benton's Phase I drill program released last month are as follows:
|PL-19-01||79.6||87.2||7.6||1.58||1.58 g/t over 7.6 m|
|incl||79.6||84.3||4.7||2.34||2.34 g/t Au over 4.7 m|
|PL-19-02||148.5||155||6.5||1.23||1.23 g/t Au over 6.5 m|
|PL-19-03||79.6||85.4||5.8||1.21||1.21 g/t Au over 5.8 m|
|incl||82.4||84.4||2||2.55||2.55 g/t Au over 2 m|
|PL-19-04||72.8||78.6||5.8||1.07||1.07 g/t Au over 5.8 m|
|incl||75.8||78.6||2.8||1.67||1.67 g/t Au over 2.8 m|
|PL-19-05B||77.5||93.6||16.1||0.57||0.57 g/t Au over 16.1 m|
|incl||89||91||2||2.07||2.07 g/t Au over 2 m|
|PL-19-06||82||83||1||0.427||0.427 g/t Au over 1 m|
|PL-19-07||35.4||36.4||1||0.563||0.563 g/t Au over 1 m|
|PL-19-08||270.5||279||8.4||0.18||0.18 g/t Au over 8.4 m|
|PL-19-09||100||102||2||0.425||0.425 g/t Au over 2 m|
Note: Reported intercepts are core lengths not true widths.
Bolton Bay Option
The Company also announces it has terminated the Bolton Bay option (see Company PR dated April 13, 2018) as results obtained by Benton did not meet the Company's expectations. More work is required to advance Bolton Bay and Benton feels that its efforts are better focused elsewhere.
Nathan Sims (P.Geo.), Senior Exploration Manager 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.
On behalf of the Board of Directors of Benton Resources Inc.,
Stephen Stares, President
About Benton Resources Inc.
Benton Resources is a well-funded Canadian-based project generator with a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum group elements. Benton holds multiple high-grade projects available for option which can be viewed on the Company's website. Most projects have an up-to-date 43-101 Report available.
Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.
For further information, please contact:
Stephen Stares, President & CEO
CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x231
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
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