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Benton Resources Inc. (OTC: BNTRF) is a well-financed mineral exploration company specializing in the discovery, development, and advancement of high-grade mining assets across Canada. Listed on the TSX Venture Exchange under the symbol BEX, Benton boasts a diversified and highly prospective property portfolio, with a primary focus on copper and gold exploration. The company also holds significant equity positions in other mining ventures, further enhancing its strategic reach and financial stability.
Core Projects and Exploration Focus
Benton’s flagship project is the Great Burnt Copper-Gold Project, located in central Newfoundland. This advanced-stage asset is characterized by a robust mineral resource estimate of 667,000 tonnes @ 3.21% Cu (Indicated) and 482,000 tonnes @ 2.35% Cu (Inferred). Covering 25 kilometers of strike length, the project encompasses six known copper-gold-silver zones, all of which remain open for expansion. Benton’s exploration efforts have yielded impressive results, including drill intersections of 25.42 meters grading 5.51% Cu and 74.20 meters grading 1.43 g/t Au, demonstrating the project’s enormous potential for resource growth.
Additionally, Benton is advancing the South Pond Gold Zone (SPGZ), located approximately 7.5 kilometers north of the Great Burnt Copper-Gold Zone. This emerging gold system spans over 3 kilometers, with drilling confirming significant gold mineralization, including 43.75 meters grading 1.62 g/t Au and 54.5 meters grading 1.88 g/t Au. The zone remains open in all directions, offering substantial upside for future exploration.
Strategic Diversification and Partnerships
Beyond its flagship projects, Benton has strategically diversified its portfolio to include lithium and nickel exploration. The company recently announced the spinout of its Vinland Lithium Inc. shares, providing shareholders exposure to the burgeoning lithium market. Additionally, Benton has identified a significant nickel anomaly near its Great Burnt Project, with soil sampling and geophysical surveys revealing promising targets for future drilling.
Benton’s business model is further strengthened by its retention of net smelter return (NSR) royalties on several properties, ensuring potential long-term cash flow from future production. The company’s partnerships, such as its 70%-30% joint venture with Homeland Nickel Inc., underscore its collaborative approach to advancing high-quality assets while mitigating exploration risks.
Commitment to Excellence and Sustainability
Benton Resources adheres to stringent QA/QC protocols and works with accredited assay laboratories to ensure the reliability of its exploration data. The company also benefits from financial grants under Newfoundland and Labrador’s Junior Exploration Assistance program, reflecting its commitment to responsible and sustainable mineral exploration in one of Canada’s most favorable mining jurisdictions.
With a proven track record of exploration success, a diversified asset base, and a strategic focus on high-grade copper, gold, and critical minerals, Benton Resources is well-positioned to capitalize on the growing global demand for essential raw materials.
Benton Resources announced significant progress in its Phase 3 diamond drill program at the Great Burnt Copper Deposit, intersecting substantial sulphide mineralization. The drill holes GB 24-38 and GB 24-39 revealed copper-rich zones, with the latter cutting 9.00m of semi-massive/massive sulphides.
Additionally, trenching at South Pond has exposed promising mineralization, enhancing targets for the summer drilling campaign. The company also initiated regional prospecting and geochemical sampling to expand exploration. Previous drilling phases reported high copper grades, including 13.00m at 8.31% Cu and 26.87m at 7.18% Cu.
President and CEO Stephen Stares expressed optimism about the project's potential, highlighting its high-grade copper, gold, silver, and cobalt in a prime jurisdiction. Analytical protocols have been adhered to, ensuring accurate and reliable assay results.
Benton Resources has mobilized a field crew to its Great Burnt Copper-Gold Project in Newfoundland for regional exploration and a Phase 3 drill program starting late May. Benton has contracted a minimum 3,000m drill project with plans to expand based on success. The program includes geochemical sampling, trenching, geological mapping, and extensive drilling of regional targets. Previous drill results show high copper concentrations, such as 13.00m of 8.31% Cu in GB-23-02 and 26.87m of 7.18% Cu in GB-23-04. The company is well-funded for up to 15,000m of drilling. Benton's QA/QC protocols ensure the reliability of analysis through accredited labs.
Benton Resources Inc. has secured additional land packages at the Great Burnt Copper-Gold Project in Newfoundland through agreements with SSAF Inc. and individual prospector Mervin Quinlan. The acquisitions will enhance Benton's exploration efforts, with significant copper findings reported in recent drilling. Benton is also on track to acquire a 70% interest in the project from Spruce Ridge Resources Inc. and is set to commence an aggressive exploration season.
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