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BENJAMIN HILL MINING CORP - BNNHF STOCK NEWS

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Benjamin Hill Mining Corp., now known as Forge Resources Corp., is a Canadian-listed junior exploration company focused on exploring and advancing the Alotta project. The company recently acquired additional interest in Aion Mining Corp., bringing its total ownership to 40%. The Alotta project, located in the Yukon Territory of Canada, is a prospective porphyry copper-gold-molybdenum project with significant drilling programs planned. With a focus on developing mineral properties, Forge Resources Corp. aims to advance its projects and drive shareholder value.

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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) is pleased to announce the listing of its common shares on the Frankfurt Stock Exchange ('FSE') under the trading symbol '5YZ0.' This move will expand the company's global reach and heighten awareness in the active European investor market. The FSE is one of the world's largest international trading centers for securities, operated by the Deutsche Boerse AG, and responsible for approximately 90 percent of all securities traded in Germany.
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Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) announces the start of the diamond drilling program at the Alotta project in the West-Central Yukon. The program will test a large chargeability anomaly coinciding with anomalous copper and gold in soil and geophysical anomalies. Key highlights include the potential for a large hydrothermal system, insitu gold and copper anomalies, and similarities to the Casino deposit. Management by Archer Cathro and Associates, with initial proposal for 2 drill holes to 500-meter depths.
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Benjamin Hill Mining Corp. has closed its non-brokered private placement, raising $830,000. The placement consisted of 2,480,000 flow-through units and 840,000 non-flow-through units. The company also issued 3,900,000 stock options to directors, officers, and consultants.
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Benjamin Hill Mining completes camp construction for diamond drilling campaign. Large chargeability anomaly confirmed. Initial proposal is 4 drill holes, each 500 meters deep.
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Strategic Metals Ltd. has entered a property option agreement with Benjamin Hill Mining Corp. for a 60% interest in the Alotta project in Yukon. This un-drilled porphyry prospect shows a significant copper, gold, and molybdenum anomaly over 4 km by 1 km. Benjamin is required to pay $500,000 by January 2028 and invest $11 million in exploration by the end of 2027. Upon exercising the option, a joint venture will be formed to explore the property further. Strategic holds a cash position of approximately $3.6 million and various significant investments in other mining companies, enhancing its growth potential.

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Benjamin Hill Mining Corp. (CSE: BNN, OTCBB: BNNHF) reports progress on its Sonora Gold project, completing three of 34 planned drill holes. The inaugural drill program aims to identify mineralized structures across four areas. The first two holes focused on the Sonora Copper vein, while the third targeted the Caracahui area. Samples from the initial hole have been sent for analysis, with results expected soon. The company has also rehabilitated roads and constructed drill pads while adhering to COVID-19 safety protocols to ensure uninterrupted operations.

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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 April 19, 2024.

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

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

What is Benjamin Hill Mining Corp. focused on?

The company is focused on exploring and advancing the Alotta project, a prospective porphyry copper-gold-molybdenum project located in the Yukon Territory of Canada.

What recent achievement has the company made?

Benjamin Hill Mining Corp. acquired additional interest in Aion Mining Corp., increasing its ownership to 40%.

Where is the Alotta project located?

The Alotta project is situated 50 km south-east of the Casino porphyry deposit in the unglaciated portion of the Dawson Range porphyry/epithermal belt in the Yukon Territory of Canada.

What drilling programs are planned for the Alotta project?

The company plans to complete up to 5 drill holes for a total of 2,500 meters as part of the fall 2023 diamond drilling program.

What is the company's strategy for advancing its projects?

Forge Resources Corp. aims to advance its mineral properties through strategic exploration and development initiatives to create value for shareholders.

BENJAMIN HILL MINING CORP

OTC:BNNHF

BNNHF Rankings

BNNHF Stock Data

29.12M
61.15M
12.66%
Gold
Basic Materials
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United States of America
Richmond