Thunder Bay, ON, January 30, 2024 – Benton Resources Inc. (“Benton” or the “Company”) (TSXV: BEX) is pleased to announce that it has received assays from the final five Phase 1 drill holes from the fall drill program at the Great Burnt Copper deposit, located in south-central Newfoundland. The last five holes (GB-23-18 to GB-23-22) were drilled in the central and upper part of the deposit and returned exceptional results that both confirm and improve significantly on historic data. Highlights from these infill holes include:
Hole GB-23-18 cut 4.22% copper over 8.17m, including 7.05% copper over 4.17m
Hole GB-23-20 cut 3.05% copper over 17.12m, including 11.11% copper over 1.85m
Hole GB-23-21 cut 5.81% copper over 24.00m, including 11.47% copper over 7.00m
Hole GB-23-22 cut 3.59% copper over 21.68m, including 15.30% copper over 2.00m
Benton’s Phase 1 drilling at Great Burnt has been extremely successful in expanding the previously defined limits of the deposit through expansion drilling and increasing the grade and width of the deposit from infill and twin-hole drilling. With these latest results, the Company is extremely optimistic that the present Mineral Resource can be significantly improved. Additional drilling is being planned and will commence this winter.
The Company is encouraged by the results of these latest drill holes and plans to further test the deposit, both within the current Mineral Resource area and also by expanding the deposit down plunge and along strike during the Phase 2 program.
President and CEO Stephen Stares stated: “This has been the most successful drill campaign in the history of our Company, delivering exceptional grades and thicknesses. Our team is excited about the future of this excellent project and our ability to expand the deposit. Calibre Mining Corp.’s Valentine Gold project and New Found Gold Corp.’s Keats discovery are excellent analogs of historically underexplored projects in Newfoundland that now host significant resources resulting from completing the work required to expose their true size and value. We feel that the Great Burnt Project will benefit similarly as we advance this very prospective project.”
Table 1 – Phase 1 Drill Program Assay Results
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