Benton Expands the Great Burnt Copper Deposit with Three New Drill Holes, Including One Intersection of 18.18m Grading 3.07% Copper

Rhea-AI Summary

Benton Resources Inc. (TSXV: BEX) has received excellent assay results from its drill program at the Great Burnt Copper deposit in Newfoundland, with significant expansion of the deposit. President and CEO Stephen Stares is impressed with the success of the program, demonstrating potential for significant expansion of the high-grade system.

Thunder Bay, Ontario--(Newsfile Corp. - December 13, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received additional excellent assay results from its recently completed drill program at the Great Burnt Copper deposit in south-central Newfoundland. The Company has significantly expanded the deposit up dip and along strike with the latest three drill holes, GB-23-09, 10 and 11. Highlights of these holes include GB-23-10, which intersected a wide interval of stringer, disseminated, semi-massive and massive sulphides grading 2.38% Cu over 24.17m, including 3.07% Cu over 18.18m, including 4.00% Cu over 7.57m, including 8.23% Cu over 1.00m.

The Company continues to be impressed with the success of its inaugural Phase 1 drill program. These results demonstrate significant expansion of this high-grade system where it remains open up dip, down plunge and along strike. Holes GB-23-09 and 11 also yielded very impressive results with GB-23-09 intersecting 3.46% Cu over 8.16m, including 4.58% Cu over 6.16m, including 6.75% Cu over 4.00m, including 9.59% Cu over 1.00m and GB-23-11 grading 1.88% Cu over 15.71m, including 2.31% Cu over 12.71m, including 4.02% Cu over 3.00m.

President and CEO Stephen Stares states, "These latest results continue to demonstrate the potential for significant expansion of the robust system at Great Burnt. We are looking forward to further assay results as we prepare for our winter exploration program designed to expand the deposit."

Figure 1

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/190883_4e06c2b6d4bd8bc4_002full.jpg

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		191.09	203.49	12.40	2.76	2.17	0.03	Yes
		incl	196.72	202.72	6.00	4.23	3.45	0.04
		incl	198.72	199.72	1.00	10.20	3.50	0.03
GB-23-07	Main Deposit		220.39	232.69	12.30	7.20	7.12	0.05	Yes
		incl	222.39	229.39	7.00	10.60	10.11	0.06
		incl	224.39	225.39	1.00	15.30	14.20	0.10
GB-23-08	Main Deposit		228.08	252.30	24.22	2.99	5.22	0.02	Yes
		incl	228.56	252.30	23.74	3.05	5.33	0.02
		incl	228.56	244.00	15.44	4.30	6.80	0.02
		incl	237.00	242.00	5.00	7.51	9.89	0.02
GB-23-09	Main Deposit		194.00	202.16	8.16	3.46	4.25	0.02	Yes
		incl	195.00	201.16	6.16	4.58	5.63	0.02
		incl	196.80	200.80	4.00	6.75	8.13	0.02
		incl	196.80	197.80	1.00	9.59	11.30	0.01
GB-23-10	Main Deposit		276.43	300.60	24.17	2.38	6.94	0.02	Yes
		incl	276.43	294.61	18.18	3.07	8.93	0.03
		incl	276.43	284.00	7.57	4.00	9.30	0.03
		incl	277.43	278.43	1.00	8.23	15.20	0.04
GB-23-11	Main Deposit		273.93	289.64	15.71	1.88	3.00	0.02	Yes
		incl	274.93	287.64	12.71	2.31	3.68	0.02
		incl	275.93	278.93	3.00	4.02	4.30	0.03
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.

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 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. 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/190883

FAQ

What are the recent assay results for Benton Resources Inc. (TSXV: BEX) at the Great Burnt Copper deposit?

The recent assay results demonstrate significant expansion of the deposit, with wide intervals of stringer, disseminated, semi-massive, and massive sulphides grading 2.38% Cu over 24.17m, including 3.07% Cu over 18.18m, and 4.00% Cu over 7.57m.

What are the highlights of the latest three drill holes, GB-23-09, 10, and 11, for Benton Resources Inc. (TSXV: BEX)?

The latest drill holes intersected a wide interval of stringer, disseminated, semi-massive, and massive sulphides with impressive results, including 3.46% Cu over 8.16m, 1.88% Cu over 15.71m, and 2.38% Cu over 24.17m.

What is the opinion of President and CEO Stephen Stares on the results for Benton Resources Inc. (TSXV: BEX)?

Stephen Stares is impressed with the success of the program and the potential for significant expansion of the high-grade system at Great Burnt.

What are the plans for the winter exploration program for Benton Resources Inc. (TSXV: BEX)?

The company is preparing for the winter exploration program designed to further expand the deposit at Great Burnt.

What are the QA/QC protocols followed for the assay analysis of Benton Resources Inc. (TSXV: BEX)?

Core and rock samples, including standards, blanks, and duplicates, are submitted to Eastern Analytical Ltd., Springdale, Newfoundland for preparation and analysis. 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.