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 [...]
Benton Resources Inc. is pleased to announce that its Phase 3 diamond drill program continues to intercept massive sulphide, expanding the deposit approximately 150 m down plunge and along strike to the south at the Great Burnt Deposit. The Company has now completed 3,840 m in 10 holes with 7 of the 10 holes intersecting massive sulphide. The Company has also received preliminary gold assays for the South Pond area where [...]
Benton Resources Inc. is pleased to report that the Killick Lithium Property, jointly owned by the Company, Sokoman Minerals Corp. , and Piedmont Lithium Inc. through Vinland Lithium Inc., will be collaborating in a total of $1.322 million in NSERC grants to conduct research studies on the Killick Lithium Property in southern Newfoundland. The three-year project entitled; "The origin of lithium resources in Southern [...]
Benton Resources Inc. is pleased to announce that it's Phase 3 diamond drill program is well underway at the Great Burnt Deposit. Field crews have also started exploration trenching at South Pond located, 15 km to the north. Additionally, regional prospecting and soil geochemical sampling have been initiated along the northern part of the belt. The Company has completed two diamond drill holes and started the third, all [...]
Benton Resources Inc. is pleased to announce that it has mobilized a field crew to open the Great Burnt camp and commence regional prospecting and soil geochemical sampling. In addition, Benton has executed a minimum 3,000 m drill contract with a local company, MCL Drilling from Deer Lake, NL, with crews expected to arrive in late May to start its Phase 3 drill program. Benton anticipates that the drill program will be [...]
Benton Resources Inc. is pleased to announce that it has entered into two separate agreements to acquire a 100% interest in six strategic mineral licences encompassing 52 claim units that are adjacent to or within Benton's current claim block at the Great Burnt Copper-Gold Project located in Newfoundland. Portions of the newly acquired Property host interesting geophysical and geological targets that will be subject to [...]
Benton Resources Inc. is pleased to announce that it has received further high-grade copper results from the Great Burnt Copper Deposit in Newfoundland further delineating the high-grade copper core. In addition, the Company's ongoing efforts and interpretation of the recently completed down-hole geophysical program have confirmed a highly conductive anomaly extending to the south and along strike from hole GB-24-34. This [...]
Benton Resources Inc. announces that it has filed documents with the TSX Venture Exchange seeking final approval for its recently announced non-brokered private placement of flow-through and non-flow through units . On receipt of all regulatory approvals, the Company will issue 15,755,334 units at a price of $0.15 per unit, each unit consisting of 1 common share of the Company and ½ of a common share purchase warrant [...]
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