STOCK TITAN

Benjamin Hill Confirms New Mineralization Discovery Sampling Values as High as 20.0 g/t of Au

Rhea-AI Impact
(Neutral)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Benjamin Hill Mining Corp. (CSE: BNN, OTCBB: BNNHF) reported promising new assay results from the Sonora Gold concession, highlighting high-grade gold occurrences in the central area. Recent results reveal a significant gold concentration of up to 20.0 g/t Au, along with promising silver values exceeding 200 g/t. The exploration has expanded the known mineralization area, now a 3 by 3 km target region for future drilling, enhancing the project’s economic potential. The company continues to explore new targets, bolstering its position in the competitive gold mining sector.

Positive
  • New assay results show gold concentrations of up to 20.0 g/t Au.
  • Silver values reported exceed 200 g/t.
  • Expansion of mineralization area to 3 by 3 km increases potential for future drilling.
Negative
  • None.

VANCOUVER, British Columbia, Sept. 07, 2021 (GLOBE NEWSWIRE) -- Benjamin Hill Mining Corp. (CSE: BNN) (OTCBB: BNNHF) (“BHM” or the “Company”) is pleased to announce that new assay results at the Benjamin Hill property, showcasing the high grade mineralization occurrence on the central area of the Sonora Gold concession, with previous values reported in the north of the area as high as 9.5 g/t of Au, the newly arrived results expose information of structures with up to 20.0 g/t of Au at the eastern part of the area and values that ascend to 6.1, 4.4 and 3.6 g/t of Au to the south and silver values that surpass 200 g/t. The assays related to the Caracahui N (El Fierro) area reaffirm a previously known North-South trend to exist, increasing the potential of the economically interest surface to a 3 by 3 kms of mineralization, which turns this area in a new target for the future drill program (Table 1 and Figure 1).

The exploration work on the property continues to expand the extent of known gold mineralization and gives our field teams new and exciting targets which remain to be explored.

SampleEastNorthAu EqAu ppmCu %Ag ppm
SG-3209498258334670420.120.00.16.3
SG-327049758833457306.46.10.017.9
SG-327749765233459964.54.40.14.2
SG-325449760833460043.73.60.011.8
SG-313449756533456293.63.31.219.5
SG-325049754233459534.02.78.093.8
SG-313349756533456102.22.20.14.1
SG-325149753233459692.12.00.03.6
SG-314849741833461751.91.80.79.2
SG-322249699933458981.91.80.15.2
SG-308549761633461994.41.78.4> 200.0
SG-324849749633458541.81.70.89.8
SG-325349758733459781.81.63.017.3
SG-326449748533457311.71.41.322.2
SG-324649751233458202.01.31.147.5
SG-308749748233462131.21.10.15.7
SG-314949725233459331.11.00.04.4

Table 1. Assay highlights from Caracahui N (El Fierro) Area, July 2021 Sampling Work

A Media Snippet accompanying this announcement is available by clicking on the image or link below:

Figure 1. Gold Assay Map from the Caracahui N. (El Fierro) sampling program

Figure 1 Gold Assay Map from the Caracahui N. (El Fierro) sampling program: Rock Sample Location Gold Values in g/t Caracahui N (El Fierro)

Quality Assurance/Quality Control
All rock samples were selected by a BHM geologist. Sample tags were placed into each bag before being sealed and stored at the company field office in a secure area and were later transported by company truck directly to the Bureau Veritas Mineral Laboratories (BVM) in Hermosillo, Sonora, Mexico. At the laboratory, the samples were dried, crushed and pulverized with the pulps being sent airfreight for analysis to BVM in Vancouver, B.C. for 45-element ICP-MS analysis after modified 4 acid aqua regia digestion. Gold assays are determined by 30-gram fire assay fusion with an ICP-ES finish. Copper assays that initially ran above 10,000ppm were rerun using ICP-ES analysis to obtain accurate assay values.

Both Hermosillo and Vancouver BVM facilities are ISO 9001 and ISO/IEC 17025 accredited. Laboratory control samples comprising certified reference samples, duplicates and blank samples were inserted by the laboratory into the sample stream and analyzed as part of the quality assurance/quality control protocol.

About Benjamin Hill Mining Corp.
Benjamin Hill Mining Corp. is a Canadian-listed junior gold exploration company focused on exploring and developing projects in Mexico. The Company’s Sonora Gold project covers 6,000 ha of highly prospective mineral concessions along the Mojave fault in the Sierra Madre gold belt of Sonora, Mexico in close proximity to Magna Gold Corp’s San Francisco mine.

Qualified Person
Greg Bronson, P.Geo, President and Director of the Company is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the scientific and technical disclosure in this news release.

On behalf of the Board of Directors
“Cole McClay”, CEO Benjamin Hill Mining Corp.
info@benjaminhillmining.com
www.benjaminhillmining.com

Forward Looking Statements
Certain of the statements made and information contained herein may contain forward- looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, information concerning the Company's intentions with respect to the development of its mineral properties. Forward-looking information is based on the views, opinions, intentions and estimates of management at the date the information is made, and is based on a number of assumptions and subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated or projected in the forward-looking information (including the actions of other parties who have agreed to do certain things and the approval of certain regulatory bodies). Many of these assumptions are based on factors and events that are not within the control of the Company and there is no assurance they will prove to be correct. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by applicable securities laws, or to comment on analyses, expectations or statements made by third parties in respect of the Company, its financial or operating results or its securities. The reader is cautioned not to place undue reliance on forward-looking information. We seek safe harbour. 


FAQ

What are the latest assay results for Benjamin Hill Mining Corp. (BNNHF)?

Benjamin Hill Mining Corp. reported assay results with gold concentrations up to 20.0 g/t Au and silver values exceeding 200 g/t.

How does the new assay data impact BNNHF's future exploration plans?

The new assay data suggests a significantly expanded mineralization area, enhancing the potential targets for future drilling operations.

What is the gold concentration reported in the latest press release from Benjamin Hill Mining Corp.?

The latest press release indicates gold concentrations of up to 20.0 g/t Au from recent assay results.

When did Benjamin Hill Mining Corp. release its assay results?

The assay results were reported on September 7, 2021.

MOJGF

:MOJGF

MOJGF Rankings

MOJGF Latest News

MOJGF Stock Data