Benton Completes 2023 Drilling With All Holes Intersecting Semi-Massive/Massive Sulphides at Great Burnt

Rhea-AI Summary

Benton Resources Inc. (BEX) concludes successful Phase 1 drill program at Great Burnt Copper deposit, reporting significant early results of 8.31% Cu over 13.0m and 7.18% Cu over 26.87m.

Positive

• Successful completion of Phase 1 drill program
• Significant early results reported
• Every drill hole intersected stringer, semi-massive, and massive sulphides

Negative

• None.

Thunder Bay, Ontario--(Newsfile Corp. - November 28, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has concluded its Phase 1 drill program at the Great Burnt Copper deposit, located in south-central Newfoundland, with every drill hole intersecting stringer, semi-massive and massive sulphides. The Company drilled a total of 5,651m in 22 diamond drill holes and has released significant early results including 8.31% Cu over 13.0m in GB-23-02 and 7.18% Cu over 26.87m in GB-23-04.

The Company remains enthused about the potential for expansion of the known Mineral Resources and the discovery of new zones north and south of the Great Burnt Copper Deposit. A table of drill holes, with results received to date, is presented below along with descriptions and core photographs. A video of the core from the last drill hole, GB-23-22, can be viewed on the Company's website at www.bentonresources.ca.

President and CEO Stephen Stares stated "We are excited to conclude our maiden drill program at Great Burnt. We had initially planned a 2,000m program but with the continued success in drilling, we expanded this program and completed a total of 5,651m. With the recently announced financing underway, we are well-positioned to demonstrate the potential of this excellent project. I look forward to receiving the remaining results as we prepare for the next phase of drilling in the winter of 2024."

GB-23-01 through GB-23-22 are summarized in the table below:

DDH #	Location		From (m)	To (m)	Length (m)	Cu (%)	Ag (g/t)	Co (%)	Massive Sulphide
GH-23-01	Main Deposit		82.80	87.10	4.30	8.01	5.49	0.05	Yes
		incl	82.80	83.80	1.00	10.10	6.70	0.06
GB-23-02	Main Deposit		161.89	174.89	13.00	8.31	4.63	0.04	Yes
		incl	169.89	172.89	3.00	12.80	6.77	0.06
		incl	171.89	172.89	1.00	17.20	8.20	0.04
GB-23-03	Main Deposit		154.52	158.63	4.11	4.76	1.92	0.01	Yes
		incl	157.60	158.63	1.03	7.18	2.82	0.01
GB-23-04	Main Deposit		183.13	210.00	26.87	7.18	3.32	0.03	Yes
		incl	199.72	210.00	10.28	11.16	5.18	0.04
		and	199.72	205.25	5.53	12.45	5.81	0.04
		and	199.72	203.15	3.43	14.35	6.76	0.05
		incl	184.87	194.72	9.85	7.27	3.31	0.03
GB-23-05	Main Deposit		182.38	189.28	6.90	5.91	2.72	0.03	Yes
		incl	183.57	189.28	5.71	7.03	3.20	0.03
		and	186.73	189.28	2.55	14.16	6.62	0.04
		and	188.73	189.28	0.55	9.09	2.48	0.04
GB-23-06	Main Deposit		196.72	203.46	6.74	Assays Pending			Yes
GB-23-07	Main Deposit		202.07	206.35	4.28	Assays Pending			Yes
		and	220.39	231.54	11.15	Assays Pending
GB-23-08	Main Deposit		228.68	251.30	22.62	Assays Pending			Yes
GB-23-09	Main Deposit		196.80	201.16	4.36	Assays Pending			Yes
GB-23-10	Main Deposit		276.50	296.00	19.50	Assays Pending			Yes
GB-23-11	Main Deposit		275.10	287.10	12.00	Assays Pending			Yes
GB-23-12	Main Deposit		303.08	312.86	9.78	Assays Pending			Yes
		and	314.04	328.50	14.46	Assays Pending
		and	338.27	340.00	1.73	Assays Pending
GB-23-13	Main Deposit		312.50	316.13	3.63	Assays Pending			Yes
GB-23-14	Main Deposit		360.90	363.28	2.38	Assays Pending			Yes
		and	363.28	363.72	0.44	Assays Pending
		and	372.57	374.02	1.45	Assays Pending
GB-23-15	Main Deposit		133.45	137.10	3.65	Assays Pending			Yes
		and	143.00	150.60	7.60	Assays Pending
GB-23-16	Main Deposit		145.40	147.68	2.28	Assays Pending			Yes
		and	147.68	153.03	5.35	Assays Pending
GB-23-17	Main Deposit		177.72	178.24	0.52	Assays Pending			Yes
		and	194.61	198.10	3.49	Assays Pending
GB-23-18	Main Deposit		150.95	155.33	4.38	Assays Pending			Yes
		and	155.33	158.12	2.79	Assays Pending
GB-23-19	Main Deposit		168.09	168.45	0.36	Assays Pending			Yes
		and	172.54	173.11	0.57	Assays Pending
GB-23-20	Main Deposit		101.02	103.56	2.54	Assays Pending			Yes
		and	142.88	144.89	2.01	Assays Pending
		and	144.89	146.74	1.85	Assays Pending
GB-23-21	Main Deposit		85.43	87.12	1.69	Assays Pending			Yes
		and	88.03	91.58	3.55	Assays Pending
		and	92.42	102.48	10.06	Assays Pending
		and	104.20	107.66	3.46	Assays Pending
GB-23-22	Main Deposit		85.67	89.13	3.46	Assays Pending			Yes
		and	92.94	96.16	3.22	Assays Pending
		and	102.33	102.92	0.59	Assays Pending

 

Note: Intervals reported for the 2023 drilling are core lengths, estimated to be approximately 95% of true width for holes GB-23-11, 12, 13, 14 and approximately 70% of true width for the remaining holes. Intercepts do not include stringer/disseminated mineralization.

In addition to drilling, prospecting and soil geochemical sampling has also concluded to the north of the main Great Burnt Deposit. Samples have been submitted for analysis and will be reported upon receipt. Extensive compilation of historical data is ongoing.

Figure 1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/188907_61162e7674d6ca0b_003full.jpg

GB-23-16

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https://images.newsfilecorp.com/files/3657/188907_61162e7674d6ca0b_004full.jpg

GB-23-21

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https://images.newsfilecorp.com/files/3657/188907_61162e7674d6ca0b_005full.jpg

GB-23-22

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/188907_gb-23-22.jpg

QA/QC Protocols

Core and rock samples, including standards, blanks and duplicates, are submitted to Eastern Analytical Ltd., Springdale, Newfoundland 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) @ 30g + ICP-34 method that delivers a 35-element package utilizing a 200mg subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Overlimits are analysed with Eastern's atomic absorption method, using a 0.200g to 2.00g 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).

QP

Stephen House (P.Geo.), Vice President of Exploration 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 it's preparation.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. 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, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

On behalf of the Board of Directors of Benton Resources Inc.,

"Stephen Stares"

Stephen Stares, President

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
Phone: 807-474-9020
Email: sstares@bentonresources.ca

Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/188907

FAQ

What is the latest update from Benton Resources Inc. (BEX)?

Benton Resources Inc. (BEX) has concluded its Phase 1 drill program at the Great Burnt Copper deposit, reporting significant early results including 8.31% Cu over 13.0m and 7.18% Cu over 26.87m.

Where is the Great Burnt Copper deposit located?

The Great Burnt Copper deposit is located in south-central Newfoundland.

What were the results of the Phase 1 drill program?

The Phase 1 drill program resulted in every drill hole intersecting stringer, semi-massive, and massive sulphides, with significant early results of 8.31% Cu over 13.0m and 7.18% Cu over 26.87m.

How much drilling was done in the Phase 1 program?

The Company drilled a total of 5,651m in 22 diamond drill holes.

What is the ticker symbol for Benton Resources Inc.?

The ticker symbol for Benton Resources Inc. is BEX.