Benton Continues to Drill Wide Intervals of Significant Gold at South Pond Extending Strike Length 600 m South
Benton Resources has extended the South Pond Gold Zone at its Great Burnt Copper-Gold project by 600 meters south with significant drilling results. Notable intercepts include 1.48g/t gold over 24.00m in SP-24-09 and two zones in SP-24-10 yielding 1.04g/t Au over 20.00m and 1.54g/t Au over 25.00m. The company has completed 30 diamond drill holes totaling 3,380m, with all holes intersecting significant mineralization. The exploration model suggests a structurally thickened mineralized sequence that may be suitable for shallow open-pit mining methods. Benton holds a 70% interest in the project, with Homeland Nickel holding the remaining 30%.
Benton Resources ha esteso la South Pond Gold Zone nel suo progetto Great Burnt Copper-Gold di 600 metri a sud con risultati di perforazione significativi. Tra le intercettazioni notevoli ci sono 1.48g/t di oro su 24.00m in SP-24-09 e due zone in SP-24-10 che hanno restituito 1.04g/t di Au su 20.00m e 1.54g/t di Au su 25.00m. L'azienda ha completato 30 perforazioni con trapano a diamante per un totale di 3.380m, con tutti i fori che hanno attraversato mineralizzazione significativa. Il modello esplorativo suggerisce una sequenza mineralizzata strutturalmente ispessita che potrebbe essere adatta a metodi di estrazione a cielo aperto poco profondi. Benton detiene un interesse del 70% nel progetto, mentre Homeland Nickel detiene il restante 30%.
Benton Resources ha ampliado la South Pond Gold Zone en su proyecto Great Burnt Copper-Gold en 600 metros hacia el sur con resultados de perforación significativos. Las intercepciones notables incluyen 1.48g/t de oro sobre 24.00m en SP-24-09 y dos zonas en SP-24-10 que arrojan 1.04g/t Au sobre 20.00m y 1.54g/t Au sobre 25.00m. La compañía ha completado 30 perforaciones con diamante que totalizan 3,380m, con todos los pozos intersectando mineralización significativa. El modelo de exploración sugiere una secuencia mineralizada estructuralmente engrosada que podría ser adecuada para métodos de minería a cielo abierto poco profundos. Benton posee un 70% de participación en el proyecto, con Homeland Nickel poseyendo el 30% restante.
벤톤 리소스는 그레이트 번트 구리-금 프로젝트의 사우스 폰드 골드 존을 600미터 남쪽으로 확장했습니다. 주요 시추 결과로는 SP-24-09에서 24.00m에 걸쳐 1.48g/t의 금이 있으며, SP-24-10에서는 20.00m에 1.04g/t Au와 25.00m에 1.54g/t Au를 기록한 두 개의 구역이 있습니다. 이 회사는 30개의 다이아몬드 드릴 홀을 완료했으며, 총 3,380m의 구멍이 모두 의미 있는 광물화를 확인했습니다. 탐사 모델은 얕은 노천 채굴 방법에 적합할 수 있는 구조적으로 두꺼워진 광물화 시퀀스를 제안합니다. Benton은 이 프로젝트에 대해 70%의 지분을 보유하고 있으며, Homeland Nickel이 나머지 30%를 보유하고 있습니다.
Benton Resources a étendu la South Pond Gold Zone de son projet Great Burnt Copper-Gold de 600 mètres vers le sud avec des résultats de forage significatifs. Parmi les intercepteurs notables, on trouve 1,48 g/t d'or sur 24,00 m dans SP-24-09 et deux zones dans SP-24-10 donnant 1,04 g/t Au sur 20,00 m et 1,54 g/t Au sur 25,00 m. La société a complété 30 forages au diamant totalisant 3 380 m, tous les forages intersectant une minéralisation significative. Le modèle d'exploration suggère une séquence minéralisée épaissie structurellement qui pourrait être adaptée aux méthodes d'exploitation minière à ciel ouvert peu profondes. Benton détient un intérêt de 70% dans le projet, Homeland Nickel détenant les 30 % restants.
Benton Resources hat die South Pond Gold Zone in seinem Great Burnt Copper-Gold-Projekt um 600 Meter nach Süden erweitert, mit signifikanten Bohrergebnissen. Bemerkenswerte Abschnitte umfassen 1.48g/t Gold über 24.00m in SP-24-09 und zwei Zonen in SP-24-10 mit 1.04g/t Au über 20.00m und 1.54g/t Au über 25.00m. Das Unternehmen hat insgesamt 30 Diamantbohrungen mit einer Gesamtlänge von 3.380m abgeschlossen, wobei alle Bohrungen signifikante Mineralisierungen aufwiesen. Das Explorationsmodell deutet auf eine strukturell verdickte mineralisierte Sequenz hin, die für flache Tagebaumethoden geeignet sein könnte. Benton hält einen 70%igen Anteil an dem Projekt, während Homeland Nickel die verbleibenden 30% hält.
- All 30 drill holes intersected significant gold mineralization
- Extended gold zone by 600 meters south with substantial intercepts
- Mineralization potentially suitable for shallow open-pit mining
- Strong drill results including 1.48g/t Au over 24m and 1.54g/t Au over 25m
- Temporary pause in drilling program pending further assay results
Thunder Bay, Ontario--(Newsfile Corp. - October 31, 2024) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has extended the South Pond Gold Zone ("SPGZ"), contained within the Company's Great Burnt Copper-Gold project, in south-central Newfoundland 600 m to the south with significant intercepts including, 1.48g/t gold (Au) over 24.00 m, incl 3.09g/t Au over 2.00 m in SP-24-09. Hole SP-24-10 cut two zones which returned 1.04g/t Au over 20.00 m, incl 3.62g/t Au over 2.00 m in the upper zone and a lower zone of 1.54g/t Au over 25.00 m, incl 2.41g/t Au over 7.00 m, incl 5.74g/t Au over 1.00 m. These results confirm a robust gold-mineralized system at South Pond which compliment the first holes released last week, such as Hole SP-24-07 which intersected 74.20 m of 1.43g/t Au and Hole SP-24-03 which intersected 43.75 m grading 1.62g/t Au. Vertical hole SP-24-11 is interpreted to be collared just west of the intended target.
Benton has completed a total of 30 diamond drill holes for a total of 3,380 m, with the last 5 holes drilled 1.5 km further south on the South Pond Gold trend (see Figure 1 drill hole location map). Table 1 below lists drill holes completed to date with results status, including three holes drilled at the South Pond Copper deposit which have pending base metal assays. Selected cross sections are also presented below in Figures 2 and 3.
The Company has now paused the current program temporarily until further assays are received and compiled for continued targeting.
The Company has diligently developed a strong exploration model to guide active work at South Pond. Focused field geological mapping and ground magnetics surveying, jointly evaluated by Benton personnel and consulting geoscientist Mike Cooley, have led to the development of a new geological and geophysical model. The model suggests that the mineralized sequence is structurally thickened due to folding and/or faulting. This has resulted in a near-surface zone of thicker mineralization that may be amenable to shallow open-pit mining methods. Testing the model is proving to be very successful with 30 diamond drill holes completed on the >2.5 km long mineralized magnetic horizon. All holes have intersected significant mineralization and thicknesses with drill core being cut and delivered to Eastern Analytical on a regular basis.
A table of the 4 holes received are below accompanied by a location map and sections showing the mineralized zone. (see Table 1).
Table 1: South Pond Drill Results
| DDH # | From (m) | To (m) | Length (m) | Au (g/t) | |
| SP-24-08 | 81.00 | 95.00 | 14.00 | 1.23 | |
| incl | 81.00 | 85.00 | 4.00 | 2.33 | |
| incl | 84.00 | 85.00 | 1.00 | 3.24 | |
| SP-24-09 | 32.00 | 56.00 | 24.00 | 1.48 | |
| incl | 48.00 | 55.00 | 7.00 | 2.03 | |
| incl | 50.00 | 52.00 | 2.00 | 3.09 | |
| SP-24-10 | 9.00 | 29.00 | 20.00 | 1.04 | |
| incl | 27.00 | 29.00 | 2.00 | 3.62 | |
| incl | 28.00 | 29.00 | 1.00 | 5.95 | |
| and | 38.00 | 63.00 | 25.00 | 1.54 | |
| incl | 51.00 | 58.00 | 7.00 | 2.41 | |
| incl | 51.00 | 52.00 | 1.00 | 5.74 | |
| SP-24-12 | 27.00 | 54.07 | 27.07 | 1.08 | |
| incl | 38.00 | 43.00 | 5.00 | 2.11 | |
| incl | 38.00 | 39.00 | 1.00 | 4.11 |
Note: Widths quoted are true core length, at this early stage, further drilling is required to determine true width of mineralization
Figure 1: Drill Hole Location Map
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Figure 2: Cross Section 5362855N
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Figure 3: Cross section 5362525N
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Benton has a
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 34-element package utilizing a 200 mg subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Overlimits are analysed with Eastern's atomic absorption method, using a 0.200 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).
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 its preparation.
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, BEX 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 @
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
Nick Konkin, Investor Relations
Phone: 647-249-9298 ext. 322
Email: nick@grovecorp.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.
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FAQ
What are the latest gold drilling results at Benton Resources' South Pond Gold Zone?
How many drill holes has Benton Resources completed at the Great Burnt project?
What is Benton Resources' ownership stake in the Great Burnt Copper-Gold Project?
