Benton Resources Inc.

Recent News

  • Benton Advised that Clean Air Metals Announces a PEA of the Current and Escape PGE-Cu-Ni Deposits of the Thunder Bay North Project, with Post-Tax NPV(5) of C$378m, IRR 29.8%

    Thunder Bay, Ontario--(Newsfile Corp. - December 1, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") is pleased to announce it has been advised that Clean Air Metals Inc. ("Clean Air") has announced results from an independent Preliminary Economic Assessment (PEA) that was completed for its Thunder Bay North Platinum Group Element (PGE) - Copper (Cu) - Nickel (Ni) Project near Thunder Bay, Ontario, Canada. The PEA was prepared by Nordmin Engineering Ltd. ("Nordmin") of Thunder Bay, Ontario, and includes provision...

    2021-12-01 11:04 AM EST
  • Benton Options High Grade VMS-Gold Project, Central Newfoundland

    Thunder Bay, Ontario--(Newsfile Corp. - November 29, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has, subject to approval by the TSX Venture Exchange (the "Exchange"), optioned the KM 67 Volcanic Massive Sulphide (VMS) base metal and gold project (the "Project") located in central Newfoundland from Kevin Keats, Alan Keats, and David MacDonald (the "Optionors"). The Optionors, who have advanced the Project, are a team of experienced prospectors and a geologist that possesses...

    2021-11-29 8:30 AM EST
  • Benton and Sokoman Announce Gold Discovery at the Grey River Gold Project, Southern Newfoundland

    Thunder Bay, Ontario--(Newsfile Corp. - November 25, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman"), together (the "Alliance"), are pleased to announce that preliminary results from the maiden drill program at Grey River, Newfoundland, have returned multiple drill intersections of potentially significant gold mineralization. Program highlights include:1,026 m completed in five holes over a four-kilometre strike lengthWidespread pyrite mineralization encountered in all holes643 core samples cut and delivered for assay of...

    2021-11-25 7:12 AM EST
  • Benton Advised That Clean Air Metals Accelerates Final Payment to Rio Tinto for the Escape Lake Property Option

    Thunder Bay, Ontario--(Newsfile Corp. - November 10, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton') is pleased to announce it has been advised by Clean Air Metals Inc. that the final payment of CAD $1 million has been made to Rio Tinto Exploration Canada on behalf of Benton pursuant to the option agreement on the Escape Lake Property. Benton continues to hold approximately 24.6 million shares in Clean Air Metals Inc. and is very pleased with their progress to...

    2021-11-10 7:42 AM EST
  • Benton Closes Non-Brokered Private Placement

    Thunder Bay Ontario--(Newsfile Corp. - November 2, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has received approval from the TSX Venture Exchange to close its previously announced non-brokered private placement of flow-through and non flow-through units (the "Private Placement") (see Company news release dated October 21, 2021).The Company will now issue 5,175,000 flow-through units ("FT Units") at a price of $0.20 per FT Unit, for gross proceeds of $1,035,000. ...

    2021-11-02 1:38 PM EDT
  • Benton Announces Non-Brokered $2 Million Private Placement

    Thunder Bay, Ontario--(Newsfile Corp. - October 21, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through and non flow-through units (the "Private Placement") for combined aggregate gross proceeds of up to $2 million. The Private Placement is expected to close on or before November 1, 2021.The Company intends to issue up to 5,000,000 flow-through units ("FT...

    2021-10-21 7:30 AM EDT
  • Benton Notified That St. Anthony Gold Corp Will Exercise the Second Option on the Panama Lake Project; Rio Tinto Terminates Bark Lake Option

    Thunder Bay, Ontario--(Newsfile Corp. - October 20, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") would like to announce that St. Anthony Gold Corp. ("St. Anthony" or the "Company") (CSE: STAG) (FSE: M1N) (OTC Pink: MTEHF) has notified Benton they will make a CAD$100,000 (cash or shares) payment to earn a 50% interest in the Panama Lake property (the "Property").The Panama Lake option agreement (the "Option Agreement") between Benton and St. Anthony was signed in October 2019. In...

    2021-10-20 8:33 AM EDT
  • Benton and Sokoman Enter into Mutual Participation Agreements Governing Cost Reimbursement Under Their Strategic Exploration Alliance

    Thunder Bay, Ontario--(Newsfile Corp. - October 15, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") (jointly, "the Companies" or singularly a "Joint Venture Party") are pleased to announce that they have entered into mutual participation agreements (the "Participation Agreements") that govern cost reimbursement between the Companies relating to certain option agreements entered into by each of Benton and Sokoman on behalf of their strategic exploration alliance announced on May 20, 2021....

    2021-10-15 4:23 PM EDT