Benton and Buchans Announce Expanded JV and 2021 Field Program on Long Range Gold JV, Central Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - May 13, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the expansion of its Long Range Gold JV project in central Newfoundland. The Long Range project, a 51:49 per cent Joint Venture between Buchans Minerals Corporation ("Buchans") and Benton (jointly "the Companies"), has been expanded from 3,750 hectares to 11,050 hectares through the recent acquisition of additional properties covering multiple...
2021-05-13 8:30 AM EDT
Benton Options Large Gold Project from Keats in Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - May 6, 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 Kepenkeck gold project (the "Project") from Kevin and Alan Keats ("Keats") in central Newfoundland (the "Option"). Kevin and Alan Keats are seasoned prospectors from Newfoundland and have notably achieved recent success with the high-grade gold discovery at the...
2021-05-06 8:30 AM EDT
Benton Commences Phase II Drilling at Far Lake to Test Deep IP Anomalies and the Extent of Mineralized Drill Intercepts from Phase I
Thunder Bay, Ontario--(Newsfile Corp. - February 4, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has commenced its second phase of drilling on the Far Lake project located 80km west of Thunder Bay, Ontario. The program will consist of 3,000m and is designed to test the depth and strike of the newly discovered FL11 Zone where the Company intersected wide zones of copper mineralization including 0.15% copper over 60.4m including 0.35% Cu...
2021-02-04 8:30 AM EST
Benton Receives Second Option Payment from Rio Tinto Exploration for Baril Lake West Project
Thunder Bay, Ontario--(Newsfile Corp. - January 21, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce it has received the second anniversary option payment of $25,000 from Rio Tinto Exploration Canada ("RTEC") for Baril Lake West project (see PR: Benton Completes Option to Purchase Deal with Rio Tinto on Baril Lake Project, dated January 2, 2019). Baril Lake West is situated approximately 4km west of Benton's Bark Lake project, also under option to...
2021-01-21 8:30 AM EST
Benton Advised that Clean Air Metals Announces a Mineral Resource for the Thunder Bay North Project Including a Total Indicated Resource of 16,285,396 tonnes at an Average Grade of 3.5 g/t PdEq Containing 1,834,158 ounces PdEq and a Total Inferred Resource of 9,852,138 tonnes at an Average Grade of 2.1 g/t PdEq Containing 663,660 ounces PdEq
Thunder Bay, Ontario--(Newsfile Corp. - January 20, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton') is pleased to announce it has received an update from Clean Air Metals Inc. (TSXV: AIR) ("Clean Air") on an updated mineral resource estimate for the Thunder Bay North Project ("Project"). Benton continues to hold approximately 24.6 million shares in Clean Air. In addition, Benton retains a 0.5% net smelter return royalty from production on the Escape Lake Deposit and a 0.5% net smelter...
2021-01-20 10:17 AM EST
Benton Confirms Widespread Copper Mineralization at Far Lake IOCG Project; 3D IP Survey Identifies Large Chargeability Targets for Drilling
Thunder Bay, Ontario--(Newsfile Corp. - January 19, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has discovered wide zones of mineralization at the Company's Far Lake IOCG project ("Far Lake") including 0.15% Cu and 0.15 g/t Ag over 60.4 m, including 0.35% Cu and 0.51 g/t Ag over 15.6 m and 1.08% Cu and 1.63 g/t Ag over 2.6 m in drill hole FL-20-11. Drill hole FL-20-11 is located approximately 1,800 m NW along the same structure as the...
2021-01-19 8:30 AM EST
Benton Initiates Deep IP and Ground Gravity Surveys on Its Far Lake IOCG Project
Thunder Bay, Ontario--(Newsfile Corp. - December 22, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has engaged Abitibi Geophysics Inc. to complete a DasVision Induced Polarization (IP) and a ground gravity survey on its Far Lake Iron Oxide Copper Gold (IOCG) project located 80km west of Thunder Bay, Ontario. The DasVision, distributed array survey, is designed for deep mineral exploration, up to 1000m depth, and will include a 3D...
2020-12-22 8:30 AM EST
Benton Closes $421,600 Non-Brokered Private Placement and Announces Results of Annual General and Special Meeting of Shareholders
Thunder Bay, Ontario--(Newsfile Corp. - December 15, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') announces that it has closed their previously announced non-brokered private placement of units (the "Private Placement") (see Company news release dated December 11, 2020). The Company will issue 2,480,000 units at a price of $0.17 per unit with each unit consisting of 1 common share of the Company and 1 common share purchase warrant, with each warrant entitling the...
2020-12-15 3:46 PM EST
Benton Announces and Files for Exchange Approval for $421,600 Non-Brokered Private Placement
Thunder Bay, Ontario--(Newsfile Corp. - December 11, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') announces that, due to increased interest by investors, it has filed documents with the TSX Venture Exchange seeking final approval for an additional non-brokered private placement of units (the "Private Placement") beyond the private placement previously announced on November 19, 2020 and December 9, 2020. On receipt of all regulatory approvals, the Company will issue...
2020-12-11 3:15 PM EST
Benton Announces Approval and Closing of Non-Brokered Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - December 10, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') further to its December 9, 2020 news release, the Company announces that it has received approval from the TSX Venture Exchange to close its non-brokered private placement financing. The Company will issue 3,250,000 flow-through units (FT Units), each FT Unit consisting of 1 flow-through common share of the Company and ½ of a common share purchase warrant, each full...
2020-12-10 3:20 PM EST
Benton Files for Exchange Approval for Non-Brokered Private Placement Financing
Thunder Bay, Ontario--(Newsfile Corp. - December 9, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') 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 (the "Private Placement") (see Benton PR dated November 19, 2020). On receipt of all regulatory approvals, the Company will issue 3,250,000 flow-through units at a price of $0.20 per...
2020-12-09 8:30 AM EST
Benton Receives 1.38 Million Shares of Cameo Industries for Saganaga Gold Project Option
Thunder Bay Ontario--(Newsfile Corp. - November 26, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce it has received 1,380,000 shares of Cameo Industries Corp. ("Cameo") (CSE: CRU) as part of the first payment for the option of its Saganaga Gold project (the "Project") located in the Shebandowan Greenstone belt. Benton previously announced on August 11, 2020 that it had entered into an Option Agreement (the "Agreement") with 2752300 Ontario Inc., a...
2020-11-26 8:30 AM EST
Benton Stakes Land Position East of Hemlo Gold Mine and Receives First Anniversary Payment from Maxtech Ventures
Thunder Bay, Ontario--(Newsfile Corp. - November 24, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has staked a 100% interest in 145 single-cell mining claims, 5km east of Barrick Gold Corporation's ("Barrick") Hemlo Gold Mine and north of MetalCorp Limited's ("MetalCorp") Hemlo East project. According to MetalCorp's news announcement dated November 20, 2020, it completed an option agreement with Barrick to acquire up to 80% of the Hemlo...
2020-11-24 8:30 AM EST
Benton Completes Drilling at Far Lake Iron Oxide Copper Gold Project and Announces Non-Brokered Private Placement
Thunder Bay, Ontario--(Newsfile Corp. - November 19, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has completed the maiden drill program on its Far Lake Iron Oxide Copper Gold ("IOCG") project located 80km west of Thunder Bay, Ontario. The drill program consisted of 12 holes totalling approximately 2,000m (BTW diamond drill core), ten of which focused on various Cu targets within a large felsic intrusive package of rocks plus two drill...
2020-11-19 8:30 AM EST
Benton Advised of Clean Air Metals' Payment to Rio Tinto on Escape Lake Option
Thunder Bay, Ontario--(Newsfile Corp. - October 14, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce it has been advised that Clean Air Metals Inc. ("Clean Air") has paid the sum of CAD$1.0 Million directly to Rio Tinto Exploration Canada Inc. ("RTEC") as Vendor, pursuant to the terms of the definitive option agreement (the "Option Agreement") between the Company and Clean Air (see Clean Air press release dated May 15, 2020). Clean Air acquired the...
2020-10-14 8:30 AM EDT
Benton Commences Diamond Drilling on Its Far Lake Copper Project, Ontario
Thunder Bay, Ontario--(Newsfile Corp. - September 30, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce it has mobilized a diamond drill rig to its Far Lake Copper project located 80km west of Thunder Bay, Ontario. The 2000m Phase 1 drill program will test priority targets identified from the Company's recently completed exploration programs, including the Far Lake #1 Structure where highlights include a 0.7m channel sample across massive sulphide...
2020-09-30 8:30 AM EDT
Benton Provides Update for Far Lake Project and Clean Air Metals' Drill Program and Announces Grant of Stock Options
Thunder Bay, Ontario--(Newsfile Corp. - August 21, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has initiated a mechanical stripping program on various targets outlined from its ongoing exploration work at its recently optioned Far Lake project located 80km west of Thunder Bay, Ontario (see Benton PR dated May 20, 2020). The program is designed to help the Company better understand the orientation of the vein and mineralizing systems...
2020-08-21 8:30 AM EDT
Benton Options Saganaga Gold Project to Private Ontario-Based Exploration Company
Thunder Bay, Ontario--(Newsfile Corp. - August 11, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that the Company has entered into an Option Agreement (the "Agreement") with 2752300 Ontario Inc. (the "Optionee"), a private company, whereby the Optionee can earn up to a 100% interest in the Saganaga Gold project (the "Project"). The Saganaga project is a large land package located in the Shebandowan Greenstone belt, 120km west of Thunder Bay,...
2020-08-11 8:30 AM EDT
Benton Continues to Delineate Copper Mineralization at Far Lake
Thunder Bay, Ontario--(Newsfile Corp. - July 23, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce it has completed and received data from its recently flown Heliborne High-Resolution Magnetic and Time-Domain Electromagnetic Survey at the Far Lake project (the "Project") located 80km west of Thunder Bay, Ontario. A preliminary examination of the data has identified several high-priority targets associated with known Cu sulphide mineralization as well...
2020-07-23 8:30 AM EDT
Benton Announces the Appointment of New Directors
Thunder Bay, Ontario--(Newsfile Corp. - July 6, 2020) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has added two new directors, Mr. Thomas Sarvas and Mr. Timothy Froude, to its board of directors effective immediately. Mr. Thomas Sarvas, CPA, CA is a Partner and a member of MNP's Assurance Services team. Working out of the Thunder Bay office, Tom delivers assurance, tax services and business advice to a broad range of owner-managed businesses,...
2020-07-06 1:40 PM EDT