Benton Resources Inc.
WKN: A1J1ME | ISIN: CA0832981090 | FSE: BR0 | TSXV: BEX
Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and 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.
Benton is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland, which has a Mineral Resource estimate of 667,000 tonnes @ 3.21% Cu Indicated and 482,000 @ 2.35% Cu Inferred. The Project has an excellent geological setting covering 25 km of strike and boasts six known Cu-Au-Ag zones over 15 km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies.
All drilling phases at Great Burnt to date have returned impressive results including: GB23-02: 13.00m of 8.31% Cu, incl 3.00m of 12.80% Cu GB23-04: 26.87m of 7.18% Cu, incl 11.16m of 10.28% Cu GB23-12: 25.42m of 5.51% Cu, incl 1.00m of 8.77%Cu, 82.00g/t Ag, 4.43g/t Au GB23-15: 22.59m of 5.03% Cu, incl 0.50m of 20.00% Cu GB23-21: 24m of 5.81% Cu, incl 7.00m of 11.47% Cu GB23-22: 21.68m of 3.59% Cu, incl 2.00m of 15.3% Cu.
Drilling at the South Pond Gold Zone, approximately 7.5 km north of the Great Burnt Copper-Gold Zone, has confirmed a robust gold-mineralized system over 2.5 km with robust results including: SP-24-03: 43.75m of 1.62 g/t Au, SP-24-07: 74.20 m of 1.43g/t Au, SP-24-15: 22.50m of 1.24 g/t Au and SP-24-32: 54.5m of 1.88 g/t Au and is open for expansion in all directions.