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Benton has multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The Company currently has approximately $13.2 million in cash, owns approximately 57.9 million shares of Coro Mining Corp... And
Message: Benton Drills more Copper and PGMs North of Marathon Deposit
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Thursday January 17, 2:21 pm ET
THUNDER BAY, ON, Jan. 17 /CNW/ - Benton Resources Corp. ("Benton" or the "Company") is pleased to announce the remaining results from the 15-hole diamond drill program completed on the Claw Lake mineralized zone. The Claw Lake zone is situated on the northern portion of the Bamoos area of the Company's 100% owned Bermuda Property.
Results from the drill program continue to demonstrate significant copper (Cu) and platinum group metals (PGM) enrichment at the Bermuda project north of the Marathon Cu-PGM Deposit. Highlights include drill hole CL-07-06 that cut four mineralized horizons with significant PGM and Cu from 106.0 to 167.5 metres (m), one which intersected 7.5m grading 0.23% Cu and 1.20gpt TPM (Total Precious Metal (equal sign) platinum (Pt) + palladium (Pd) + gold (Au)). Hole CL-07-14 intersected 16.8 metres grading 0.91gpt TPM and 0.19% Cu including a higher grade section of 2.57gpt TPM and 0.51% Cu over 4.1m.
Following is a summary table of mineralized intervals from the Claw Lake diamond drill program:
------------------------------------------------------------------------- Bermuda - Claw Lake Drill Hole Composites ------------------------------------------------------------------------- Drill DRILL HOLE From To Interval Au Pt Pd TPM Cu (m) (m) (m) (gpt) (gpt) (gpt) (gpt) (%) ------------------------------------------------------------------------- CL-07-01 no significant results ------------------------------------------------------------------------- CL-07-02 no significant results ------------------------------------------------------------------------- CL-07-03 178.5 181.5 3.0 0.20 0.26 0.48 0.94 0.19 ------------------------------------------------------------------------- 198.0 199.5 1.5 0.17 0.26 0.65 1.08 0.05 ------------------------------------------------------------------------- CL-07-04 85.0 86.5 1.5 0.30 0.49 3.18 3.97 0.30 ------------------------------------------------------------------------- 115.8 117.5 1.8 0.18 0.24 0.77 1.19 0.24 ------------------------------------------------------------------------- CL-07-05 40.5 43.5 3.0 0.15 0.19 1.36 1.70 0.33 ------------------------------------------------------------------------- 64.5 67.5 3.0 0.17 0.25 0.76 1.18 0.30 ------------------------------------------------------------------------- CL-07-06 106.0 110.5 4.5 0.16 0.22 0.44 0.82 0.24 ------------------------------------------------------------------------- 119.5 130.0 10.5 0.06 0.12 0.46 0.64 0.14 ------------------------------------------------------------------------- 148.1 151.0 2.9 0.09 0.21 0.52 0.82 0.17 ------------------------------------------------------------------------- 160.0 167.5 7.5 0.09 0.19 0.92 1.20 0.23 ------------------------------------------------------------------------- CL-07-07 89.5 97.0 7.5 0.09 0.17 0.59 0.85 0.20 ------------------------------------------------------------------------- CL-07-08 no significant results ------------------------------------------------------------------------- CL-07-09 163.8 166.2 2.4 0.13 0.22 0.73 1.08 0.24 ------------------------------------------------------------------------- CL-07-10 no significant results ------------------------------------------------------------------------- CL-07-11 152.9 155.0 2.1 0.09 0.15 0.42 0.66 0.22 ------------------------------------------------------------------------- CL-07-12 125.0 133.9 8.9 0.08 0.17 0.54 0.79 0.13 ------------------------------------------------------------------------- incl. 131.0 133.9 2.9 0.14 0.3 1.09 1.53 0.28 ------------------------------------------------------------------------- CL-07-13 53.0 56.0 3.0 0.14 0.34 0.97 1.45 0.23 ------------------------------------------------------------------------- 65.0 97.0 32.0 0.12 0.2 0.86 1.18 0.39 ------------------------------------------------------------------------- incl. 92.0 97.0 5.0 0.21 0.43 1.73 2.37 0.41 ------------------------------------------------------------------------- 141.5 158.5 17.0 0.14 0.29 1.26 1.69 0.28 ------------------------------------------------------------------------- incl. 146.0 158.5 12.5 0.18 0.39 1.70 2.27 0.33 ------------------------------------------------------------------------- CL-07-14 64.2 75.5 11.3 0.10 0.15 0.40 0.65 0.23 ------------------------------------------------------------------------- 107.0 123.8 16.8 0.11 0.17 0.63 0.91 0.19 ------------------------------------------------------------------------- incl. 119.7 123.8 4.1 0.26 0.45 1.84 2.55 0.51 ------------------------------------------------------------------------- CL-07-15 83.00 86.00 3.00 0.15 0.17 0.72 1.04 0.15 ------------------------------------------------------------------------- 126.50 129.50 3.00 0.24 0.30 1.28 1.82 0.49 ------------------------------------------------------------------------- Drill intervals represent core lengths, gpt (equal sign) grams per tonne.Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Corp. "Stephen Stares" Stephen Stares, President
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