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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) 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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Benton Resources Inc. (TSXV: BEX) announces significant semi-massive and massive sulphides in drilling at the Great Burnt Copper Gold Project in Newfoundland. Assays from the first two drill holes show copper grades of 4.13% Cu over 3.25m and 8.01% Cu over 4.30m (GB-23-01) and 8.31% Cu over 13.0m (GB-23-02). The company has completed 4,213m of drilling in 15 holes, all intersecting significant chalcopyrite mineralization. Historical data compilation, prospecting, and soil geochemical sampling are ongoing.
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Benton Resources Inc. and Sokoman Minerals Corp., collectively known as the Alliance, have been awarded the 'Explorer of the Year' award at the annual CIM Mineral Resource Review in Newfoundland. The award recognizes their success at the Killick and Kraken Lithium discovery, which has produced significant surface sampling and drill results. The Alliance also executed a $24 million option agreement with Piedmont Lithium Inc., further endorsing the potential of the project.
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Benton Resources Inc. has received partial assay results from its drill program at the Great Burnt Copper Gold project in Newfoundland. The drill holes intersected excellent copper grades, with highlights including 8.31% Cu over 13.0m and 17.20% Cu over 1.00m. The company is expanding the ongoing drill program to a minimum of 4,000m. All 11 holes drilled to date have intersected significant chalcopyrite mineralization. The Great Burnt Main Zone has an NI 43-101 compliant resource of 667,000 Tonnes (47.2 Mlb) Cu at 3.21% (indicated) and 482,000 Tonnes (25.0 Mlb) Cu at 2.35% (inferred).
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Benton Resources Inc. has entered into an option agreement to acquire a 100% interest in a strategic mineral license surrounding its Great Burnt Copper-Gold Project. The property encompasses 27 claim units and includes deposits and untested EM anomalies. Benton has completed 2,236m of drilling in 9 holes, with significant chalcopyrite mineralization found. The company's priority is expanding the high-grade core in the Main Deposit.
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Benton Resources completes successful drilling at Great Burnt Copper Project in Newfoundland
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Benton Resources and Sokoman Minerals announce entering into definitive agreements with Piedmont Lithium
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Benton Resources Inc. has received all permits for exploration on the Great Burnt Copper-Gold project and has initiated an aggressive exploration program. They plan to conduct a minimum of 3,000m of drilling in the first phase of work. The Great Burnt Main Zone has an NI 43-101 compliant resource of 667,000 Tonnes (47.2 Mlb) Cu at 3.21% (indicated) and 482,000 Tonnes (25.0 Mlb) Cu at 2.35% (inferred). The drill programs have shown high-grade copper results. Exploration at the South Pond Zone has identified potential for both copper and gold.
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Benton Resources Inc. and Sokoman Minerals Corp. announce further results from the Phase 4 diamond drilling program at the Kraken Lithium swarm. The drilling has expanded the dyke system and intersected a new dyke called Killick East. The Phase 5 program is planned to begin in late September or early fall, 2023.
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Benton Resources Inc. enters into a binding LOI with Spruce Ridge Resources Ltd. to earn a 70% interest in Newfoundland properties. Conditional approval from TSX Venture Exchange pending disclosure of NSR. Cash payment of $40,000 and issuance of 15 million common shares. $2.5 million in exploration expenditures required. Great Burnt Copper-Gold Project has significant resource potential. South Pond Zone shows potential for copper and gold. Exploration program planned.
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FAQ
What is the current stock price of BENTON RESOURCES (BNTRF)?
The current stock price of BENTON RESOURCES (BNTRF) is $0.059 as of September 12, 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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