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BENJAMIN HILL MINING CORP - BNNHF STOCK NEWS

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About Benjamin Hill Mining Corp.

Benjamin Hill Mining Corp. (now renamed Forge Resources Corp.) is a Canadian-listed junior exploration company dedicated to identifying, exploring, and advancing mineral resource projects. The company operates within the mining and natural resources sector, with a strategic focus on precious metals and energy resources. Its flagship project, the Alotta property, is a prospective porphyry copper-gold-molybdenum project located in the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada, a region known for its rich mineralization and proximity to world-class deposits.

Core Business Areas

Benjamin Hill Mining Corp. specializes in early-stage mineral exploration, leveraging advanced geophysical and geochemical techniques to identify high-potential resource targets. The company’s primary asset, the Alotta project, spans 96 mineral claims over approximately 1,926 hectares. Situated 50 km southeast of the globally significant Casino deposit, the Alotta property benefits from a favorable geological setting that enhances its potential for porphyry-style mineralization. Recent exploration efforts have identified key zones of interest, including the Payout and Severance Zones, which exhibit anomalous gold, copper, and molybdenum values.

In addition to its Canadian operations, the company holds a 40% interest in Aion Mining Corp., which is advancing the fully permitted La Estrella coal project in Santander, Colombia. This project contains eight known seams of metallurgical and thermal coal, providing a complementary focus on energy resources.

Market Position and Strategy

Benjamin Hill Mining Corp. operates within the competitive junior mining sector, where success often hinges on the quality of exploration assets, strategic partnerships, and access to capital. The company differentiates itself through its dual focus on base and precious metals in Canada and coal in Colombia, offering a diversified portfolio that appeals to a broad range of stakeholders. Its proximity to established deposits, such as the Casino copper-gold project, underscores the strategic value of its Alotta property.

Commitment to Sustainability

The company emphasizes environmental stewardship and community engagement as integral components of its operations. Initiatives such as tree planting, local workforce involvement, and compliance with environmental regulations reflect its dedication to sustainable exploration practices. These efforts not only align with regulatory requirements but also foster positive relationships with local communities and stakeholders.

Challenges and Opportunities

As a junior exploration company, Benjamin Hill Mining Corp. faces challenges typical of the sector, including commodity price volatility, regulatory complexities, and the need for ongoing financing. However, its strategic geographic positioning, high-quality exploration targets, and diversified portfolio position it well to capitalize on opportunities in both the metals and energy markets.

Looking Ahead

With a focus on advancing its Alotta project and furthering its interest in the La Estrella coal project, Benjamin Hill Mining Corp. aims to unlock significant value for its stakeholders. By leveraging its expertise in exploration and maintaining a commitment to sustainability, the company is poised to make meaningful contributions to the mining industry.

Rhea-AI Summary
Benjamin Hill Mining Corp. rebrands to Forge Resources Corp. and introduces new ticker symbol 'FRG'. The company will trade on the CSE starting April 22, 2024, reflecting a strategic shift in vision and project development commitment.
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Benjamin Hill Mining Corp. announces the prioritized target areas for drill testing at the Alotta project in Yukon. The company plans to complete up to 5 drill holes totaling 2,500 meters to test high priority geochemical/geophysical anomalies for porphyry-style mineralization. The Payout and Severance Zones show significant surface mineralization, while the Alimony and Commission Targets present molybdenum-gold and gold-copper-molybdenum soil anomalies, respectively. The Alotta property is located near Western Copper and Gold's Casino deposit, a major copper-gold mining project. Western Copper and Gold recently upsized their bought deal public offering, indicating strong investor interest in the region.
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Benjamin Hill Mining Corp. acquires a further interest in Aion Mining Corp., bringing its total ownership to 40%. The Company will provide $1,875,000 and 1,508,621 common shares to Aion. CEO Cole McClay sees this as a positive step towards developing the La Estrella coal project.
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Benjamin Hill Mining Corp. announces the staking of 18 new claim blocks covering 376 hectares near Alotta property. The company plans to drill up to 5 holes totaling 2,500 meters to explore high-priority anomalies.
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Benjamin Hill Mining Corp (BNNHF) increases interest in Aion Mining Corp to 40% with LOI Extension Agreement, expected to close by April 15, 2024.
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Benjamin Hill Mining Corp. announces alteration in consideration for acquiring a 40% interest in Aion Mining Corp. The total consideration of $1,875,000 will now be split as $1,000,000 in cash and 1,508,621 common shares at $0.58 per share. The transaction is subject to approvals, with no guarantees of completion. The Company also filed a 43-101 Technical Report for Aion's Colombian coal project.
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Benjamin Hill Mining Corp. provides an update on Aion Mining's Colombian coal project, highlighting significant progress in earth movement contracts, platform development, and surface works. The company also reports advancements in facilities development, environmental compliance, and an extension agreement with Aion Mining. A correction to a previous press release regarding the number of shares issued has been issued.
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Benjamin Hill Mining Corp. closes private placement financing, raising $5.3 million through the sale of 8,352,750 units at $0.64 per unit. The offering included LIFE units and Accredited Investor units, with a portion subject to a hold period. The company plans to use the proceeds for exploration, development, and potential acquisition of Aion Mining Corp. shares.
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Benjamin Hill Mining Corp. announces positive assay results from diamond drill holes at Alotta gold-copper-molybdenum target in Yukon, with 211.65 meters of 0.46 g/t gold, indicating significant mineralization potential.
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Benjamin Hill Mining Corp. (BNNHF) has entered into a market making services agreement with Independent Trading Group Inc. The agreement aims to enhance liquidity by trading shares on various platforms. ITG will receive $7,000 CAD monthly for its services.
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FAQ

What is the current stock price of BENJAMIN HILL MINING (BNNHF)?

The current stock price of BENJAMIN HILL MINING (BNNHF) is $0.4022 as of February 7, 2025.

What is the market cap of BENJAMIN HILL MINING (BNNHF)?

The market cap of BENJAMIN HILL MINING (BNNHF) is approximately 29.1M.

What is the primary focus of Benjamin Hill Mining Corp.?

The company focuses on exploring and advancing mineral resource projects, including copper-gold-molybdenum deposits in Canada and coal projects in Colombia.

What are the key projects of Benjamin Hill Mining Corp.?

Its flagship projects include the Alotta copper-gold-molybdenum property in Canada and the La Estrella coal project in Colombia, where it holds a 40% interest.

How does Benjamin Hill Mining Corp. generate revenue?

As a junior exploration company, it generates value by identifying and developing mineral resources, which can later be sold, partnered, or advanced to production stages.

What challenges does the company face?

Challenges include commodity price volatility, regulatory compliance, and the need for continuous financing to support exploration activities.

What makes the Alotta project significant?

The Alotta project is strategically located in the Dawson Range, near the world-class Casino deposit, and shows strong potential for porphyry-style mineralization.

What is the company’s approach to sustainability?

Benjamin Hill Mining Corp. prioritizes environmental compliance, community engagement, and sustainability initiatives, including tree planting and local workforce involvement.

How does the company differentiate itself in the mining industry?

The company’s dual focus on metals and coal projects, along with its strategic geographic positioning and commitment to sustainability, sets it apart in the junior mining sector.

What is the significance of the La Estrella coal project?

The La Estrella project is a fully permitted coal development in Colombia with eight known seams of metallurgical and thermal coal, providing diversification to the company’s portfolio.

What regions does Benjamin Hill Mining Corp. operate in?

The company operates in the Yukon Territory of Canada and Santander, Colombia, focusing on regions with favorable geology and significant resource potential.

Has Benjamin Hill Mining Corp. undergone a name change?

Yes, the company has formally changed its name to Forge Resources Corp. and trades under the new ticker symbol 'FRG' on the Canadian Securities Exchange.
BENJAMIN HILL MINING CORP

OTC:BNNHF

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29.12M
61.15M
12.66%
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