Further to its April 25, 2025 news release, Benton Resources announces that the Company's planned spin-out of approximately half of its shares of Vinland Lithium has been completed. Accounts holding at least 5,000 Benton shares will see approximately 50 Vinland shares credited for each 5,000 Benton shares owned with the credit effective Wednesday April 30, 2025. Details of the spin-out are contained in the Company's [...]
Benton Resources announces that the Company's planned spin-out of approximately half of its shares of Vinland Lithium Inc has been completed. Accounts holding at least 5,000 Benton shares will see approximately 50 Vinland shares credited for each 5,000 Benton shares owned with the credit effective Wednesday April 30, 2025. Details of the spin-out are contained in the Company's Feb 4, 2025 Management Information Circular [...]
Benton Resources is pleased to announce that it has completed approximately 70% of a planned 5 km-long surface Pulse Electromagnetic survey along the northern portion of the South Pond trend on the Great Burnt Property. Interpretation of the data collected to date has identified several new, extensive conductive plates, along with large conductive plates directly associated with known mineralized zones at surface [...]
Benton Resources announces that at its annual shareholder meeting held March 21, 2025 Benton shareholders approved a special resolution to reorganize Benton's share capital to facilitate a spin-out to shareholders of approximately 2 million of Benton's 4 million common shares of Vinland Lithium Inc. Vinland holds the Killick lithium project and is currently owned by Benton, Sokoman Minerals and Piedmont Lithium [...]
Significant Highlights from ongoing and current results: Expanded the Great Burnt Main Deposit from 850 to 950 m down plunge Cut wide zone of high-grade copper in historical low-grade area Successfully confirmed copper-gold in footwall zone Off-hole EM indicates Great Burnt Main Deposit mineralization continues down plunge Discovery of new copper-gold horizon 200 m north of Great Burnt Main Deposit New mineralized zone [...]
Benton Resources is pleased to announce that it continues to build on the high-grade copper mineralization present within the Great Burnt Main Zone. The Company recently completed drill hole GB-25-60, it's second drill hole from west to east, testing an area of the GBMZ believed to be lower-grade based on historical drilling, and continuing the hole eastward to hit the Footwall Zone. GB-25-60 cut a 15.00 m section of [...]
Benton Resources Inc. is pleased to announce that it has successfully expanded the Great Burnt Main Zone down plunge to 950 m in strike length. Recent drilling confirms this expansion down plunge including drill hole GB-25-53, a 100 m step out from GB-23-45, that intersected 7.2 m of heavy stringer and semi-massive copper mineralization. Management believes the zone may be plunging slightly steeper than originally [...]
Benton Resources Inc. is pleased to announce that it has received additional impressive Copper results from the Great Burnt Main Zone and confirms mineralization in a parallel Footwall Zone. The Company was targeting the potential of a parallel conductor that was recently identified through the completion of a down hole geophysical survey. Given the location of this strong footwall conductor/anomaly, the Company planned [...]
Benton Resources is pleased to provide its shareholders with a full corporate update as it embarks on an exciting year in 2025. Summary: Company AGM will be held on March 6, 2025 to approve among other things, the spinout of approximately 2 million shares of Vinland Lithium Inc. pro-rata to shareholders of record of the Company as of January 20, 2025; The Company continues to build on its 2024 exploration success at the [...]
Benton Resources Inc. is pleased to announce that it has received its best gold results to date at the South Pond Gold-Copper Zone within the Company's Great Burnt Lake project in Newfoundland. These new results continue to demonstrate the robust potential of the SPGCZ structure identified through surface exploration and drilling which now spans approximately 3.0 km and remains wide open. The SPGCZ is located [...]
Benton Resources Inc. is pleased to announce that, further to its December 18, 2024 news release, it has closed its non-brokered private placement financing pursuant to an arrangement with Wealth Creation Preservation & Donation Inc. . The Company has issued 9,326,571 Charity Flow-through Units at $0.11 per FT Unit for aggregate gross proceeds of $1,025,923 . Each FT Unit consists of one flow-through common share of the [...]
Benton Resources Inc. is pleased to announce that it has completed a drill hole at the Great Burnt Main Deposit to test a parallel conductor interpreted to be a footwall zone located approximately 150 m to the east of the main deposit. All samples have been submitted to the lab, and assays are pending for this drill hole. Given the location of the footwall conductor, the Company planned a drill hole GB-24-49 that would [...]