Highlights: Drilling has recommenced at the Great Burnt Copper Deposit to test recently identified parallel and deep EM conductors; South Pond Gold-Copper Zone expanded to 2.3 km in length and remains open to the north and south; New semi-massive sulphide zone intersected 1 km south of South Pond; and A further 15,000 m drill program planned for remaining 2024 into 2025. Benton Resources Inc. is pleased to announce the [...]
Benton Resources Inc. is pleased to announce that it has made a new gold discovery on its 100%-owned Dominion Lake Gold-Base Metal Project . The Company acquired Dominion Lake last year after a large parcel of land became available for staking within the northern Tulks Volcanic Belt of the Victoria Lake Supergroup, highly favorable geological terrain with demonstrated potential for hosting both Volcanogenic Massive [...]
Deep geophysical conductor identified which could substantially expand the Great Burnt Copper deposit to 1.1 km in length; Excellent intercepts of gold at South Pond Area over 1.7 km with many results outstanding for Gold which could extend the zone to 2.3 km in length which remains open north and south; Copper grades up to 3.48% with 2.21g/t Au over 0.90 m at South Pond Copper Zone along with high grade zones of 3.00 m [...]
Benton Resources announces that it has filed Management Proxy Materials under its profile on sedarplus.ca for its annual and special meeting of shareholders. The Meeting is currently set to be held Jan 8, 2025 in Vancouver, although the actual date is likely to change as a result of the Canadian postal strike. At the Meeting Benton shareholders will be asked to approve a special resolution to reorganize Benton's share [...]
Benton Resources Inc. is pleased to announce that it has extended the South Pond Gold Zone , contained within the Company's Great Burnt Copper-Gold project, in south-central Newfoundland 600 m to the south with significant intercepts including, 1.48g/t gold over 24.00 m, incl 3.09g/t Au over 2.00 m in SP-24-09. Hole SP-24-10 cut two zones which returned 1.04g/t Au over 20.00 m, incl 3.62g/t Au over 2.00 m in the upper [...]
Benton Resources Inc. is pleased to announce that the South Pond Gold Zone in south-central Newfoundland has been substantially expanded based on the initial results received from the first four holes from the previously announced drilling program. The results will successfully expand the extents of the SPGZ, which remains open in all directions and include significant drill intercepts. Notably Hole SP-24-07 intersected [...]
Benton Resources Inc. was very encouraged by recent drill recent results and advancement plans of Clean Air Metals Inc. . Benton still holds approximately 24.6 million shares of Clean Air and also retains a 0.5% net smelter return royalty from production on the Escape Lake Deposit and a 0.5% net smelter return royalty from production on any mineral claims comprising the Thunder Bay North portion of the project that a net [...]
Benton Resources Inc. is pleased to announce that it has received results from the phase three drill program at the Great Burnt project in Newfoundland. These latest results continue to show that the Great Burnt Deposit is continuous down plunge and along strike to the south, adding substantially to the deposit at depth. Drill hole GB-24-45 cut 12.30 meters of 1.72 % Cu and 5.55 g/t Ag over 12.30 m with higher grades up [...]
Benton Resources Inc. is pleased to announce that it has acquired by staking, a 100% interest in 8 claim units covering the southern favourable geological extension located approximately 1.2 km to the south of the Great Burnt Copper Deposit. Recent mapping and prospecting have identified multiple quartz stockwork and veins containing galena, sphalerite and chalcopyrite near a previously identified government showing [...]
Benton Resources Inc. announces that, further to its July 17, 2024 news release, it has closed its brokered flow-through private placement financing for aggregate gross proceeds of $1,146,411.75 . Haywood Securities Inc. acted as lead agent and sole bookrunner, together with a syndicate of agents including Red Cloud Securities Inc. and Canaccord Genuity Corp. . The Company has issued 6,947,950 flow-through units , each [...]
Benton Resources Inc. is pleased to announce that it has entered into an agreement with Haywood Securities Inc. , as lead agent and sole bookrunner, on its own behalf and on behalf of a syndicate of agents pursuant to which the Agents have agreed to sell, on a "best efforts" private placement basis, up to 21,820,000 flow-through units of the Company at a price of C$0.165 per Flow-Through Unit , for gross proceeds to the [...]
Benton Resources Inc. is pleased to announce that it has advised Homeland Nickel Inc. that it has now fulfilled its required $2.5 million in exploration expenditures pursuant to the option agreement dated September 20, 2023, between the companies resulting in Benton vesting its 70% ownership interest in the Great Burnt Copper project in Newfoundland. As per the earn-in completion notice, Benton has temporarily paused [...]