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Benton Resources Inc. (TSXV: BEX) is a mineral exploration company with a focus on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland. The project has a diversified property portfolio that includes gold, silver, nickel, platinum group elements, lithium, and cesium assets. Benton also holds large equity positions in other mining companies. The recent Phase 3 exploration program aims to uncover the true potential of the project, targeting untested geophysical anomalies and expanding the known Cu-Au-Ag zones. With impressive drilling results and strategic acquisitions, Benton is well-positioned for success in the mining sector.
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Benton Resources Inc. (TSXV: BEX) Achieves Success in 2023 and Looks Forward to Exciting 2024 with New Acquisitions and Partnerships
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Benton Resources Inc. (TSXV: BEX) has closed a non-brokered private placement financing with Wealth Creation Preservation & Donation Inc. and investor Eric Sprott, issuing 6,250,000 Charity Flow-through Units for $0.25 per unit, resulting in gross proceeds of $1,562,500. Mr. Sprott, the largest shareholder, acquired the units for $1,000,000. The Company will use the proceeds to advance its exploration projects and incur eligible 'Canadian exploration expenses' in accordance with the Income Tax Act (Canada).
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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.
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Benton Resources Inc. (TSXV: BEX) continues to receive high-grade assay results from its 5,651m drill program at the Great Burnt Copper deposit in south-central Newfoundland. The company has received three drill holes, GB-23-06 to GB-23-08, validating the high-grade nature of the deposit. GB-23-07 intersected 12.30m grading 7.20% copper, 7.12g/t silver, and 0.05% cobalt. Benton is planning its winter exploration program to expand the deposit down dip and down plunge, where it remains open.
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Benton Resources Inc. (TSXV: BEX) to receive 769,230 common shares from Renegade Gold Inc. (TSXV: RAGE) in lieu of a $300,000 cash payment for the Panama Lake Property. The Panama Lake Gold Project is strategically located near Kinross Gold's Great Bear deposit, expanding Renegade's foothold by 9,900 hectares, with Benton retaining a 2% Net Smelter Royalty.
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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.
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Benton Resources Inc. (TSXV: BEX) Announces Private Placement with WCPD and Eric Sprott
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Benton Resources Inc. (BEX) and Sokoman Minerals Corp. (SICNF) Announce Piedmont Lithium Inc.'s (PLL) Exercise of Initial Earn-In Right for Killick Lithium Inc. (Killick)
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Benton Resources Inc. (TSXV: BEX) is pleased to announce the receipt of assay results for three additional drill holes that expand and define the Great Burnt Copper Deposit. Hole GB-23-04 intersected 26.87m grading 7.18% Cu, including 10.28m grading 11.16% Cu. President and CEO Stephen Stares expressed excitement over the exceptional results, highlighting the potential of this high-grade project.
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Benton Resources Inc. (TSXV: BEX) announces high-grade copper and gold zones at surface in Newfoundland's Great Burnt Copper-Gold Project. The first pass trenching and prospecting program uncovered multiple significant mineralized areas, with grab samples grading up to 5.51% copper, 5.03g/t gold, and 14.6g/t silver. The company plans to enlarge exposures of mineralized zones and increase its drill program to a minimum of 5,000m.
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FAQ
What is the current stock price of BENTON RESOURCES (BNTRF)?
The current stock price of BENTON RESOURCES (BNTRF) is $0.05 as of September 6, 2024.
What is the market cap of BENTON RESOURCES (BNTRF)?
The market cap of BENTON RESOURCES (BNTRF) is approximately 13.1M.
What is the focus of Benton Resources Inc.?
Benton Resources is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland and holds a diversified property portfolio.
What are some of Benton's recent achievements?
Benton completed its Phase 3 exploration program, targeting untested geophysical anomalies and expanding known Cu-Au-Ag zones.
What sets Benton Resources apart in the mining sector?
Benton has a strategic approach to acquisitions and drilling, positioning the company for success in the mining industry.
What is the significance of Benton's Phase 3 exploration program?
The Phase 3 program aims to uncover the true potential of the Copper-Gold Great Burnt Project through targeted drilling and expansion of known mineral zones.
What commodities does Benton Resources focus on?
Benton's portfolio includes gold, silver, nickel, platinum group elements, lithium, and cesium assets, providing diversification in the mining sector.
BENTON RESOURCES INC
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