Benton Completes Option to Purchase Deal with Rio Tinto on Baril Lake Project and Plans January Drilling on Panama Project in Red Lake Mining District
Thunder Bay, Ontario--(Newsfile Corp. - January 2, 2019) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has entered into a option to purchase agreement (the "Agreement") with Rio Tinto Exploration Canada Inc. (RTEC) whereby RTEC will have the right to earn a 100% interest in Benton's Baril Lake claims located approximately 5km west of Benton's Bark Lake project which is currently under option to RTEC (see Benton PR dated October 25, 2016)....
2019-01-02 9:15 AM EST
Benton Mobilizes Drill to Bolton Bay and Amends Bedivere Option
Thunder Bay, Ontario--(Newsfile Corp. - November 13, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has commenced diamond drilling on its Bolton Bay gold project located in northwestern Ontario. The program will consist of approximately 400m and is designed to test several areas on the project including two holes that will target the projected down plunge mineralization envelope of the historical 'West Zone" where recent Benton sampling...
2018-11-13 9:48 AM EST
Benton Increases Panama Project Land Position in Red Lake Mining Division and Completes Sale of Providence Project, NWT
Thunder Bay, Ontario--(Newsfile Corp. - October 18, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has substantially increased the size of it 100%-owned Panama Lake gold project in the Red Lake mining district to 365 claim cells which now covers approximately 7446 hectares. The Panama Lake project is located 55km northeast of the town of Ear Falls and is accessible by road. The new staking encompasses highly favourable magnetic trends,...
2018-10-18 8:30 AM EDT
Benton Makes New Gold Discovery on Panama Project in Red Lake Mining District
Thunder Bay, Ontario--(Newsfile Corp. - September 18, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that during recent prospecting the Company has made a new discovery on the Panama Lake Gold project. A total of 24 samples were collected across the project area, six of which show promising results in a previously underexplored area. Five samples collected from an altered and silicified sedimentary iron formation containing quartz veining, pyrite,...
2018-09-18 8:30 AM EDT
Benton Receives Results from Initial Trenching at the Bolton Bay Project
Thunder Bay, Ontario--(Newsfile Corp. - September 7, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce encouraging results from its recently completed trenching program on the Bolton Bay project located 100km west of Thunder Bay, Ontario. The Company completed a total of 8 mechanically-stripped areas over a 3.5km strike length in locations of previously known gold mineralization and newly identified prospective zones. A total of 137 channel samples...
2018-09-07 8:30 AM EDT
Benton Completes Trenching and Sampling at Bolton Bay and Continues Work at the GNP Project, Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - August 8, 2018) - Benton Resources Inc. (TSXV:BEX) ("Benton" or "the Company") is pleased to announce the completion of trenching and channel sampling on its recently acquired Bolton Bay project (see PR dated April 13, 2018). The Bolton Bay project is located 120km west of Thunder Bay and is contiguous to Benton's Bark Lake project under option to Rio Tinto. The Company completed a total of 8 mechanically-stripped areas over a 3.5km strike length in...
2018-08-08 8:30 AM EDT
Benton Sells Non-Core Portion of Goodchild Claims to Canadian Orebodies
Thunder Bay, Ontario--(Newsfile Corp. - August 7, 2018) - Benton Resources Inc. (TSXV: BEX) (“Benton” or “the Company”) would like to announce that it has entered into an purchase agreement with Canadian Orebodies Inc. (“Canadian Orebodies”) whereby Benton will sell the southwest portion the “Goodchild Lake” mining property (the “Property”). The portion of the property being sold consists of 31 claim cells totaling approximately 500 hectares, and covers a prospective trend adjacent to the...
2018-08-07 8:00 AM EDT
Benton Options New Silver Project to Quadro Resources
Thunder Bay, Ontario--(Newsfile Corp. - July 9, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") and Quadro Resources Inc (TSXV: QRO) ("Quadro") are pleased to announce that they have entered into an option agreement (the "Option") pursuant to which Quadro has acquired the right to earn Benton's 33.33% interest in the recently staked Conche Property (see Benton PR dated June 22, 2018) on Newfoundland's Great Northern Peninsula. In order to exercise the Option, Quadro is...
2018-07-09 8:30 AM EDT
Benton Completes Sale of Cape Ray Project for A$5.25 Million in Cash and Shares
Thunder Bay, Ontario--(Newsfile Corp. - July 4, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has completed the sale of its 80% interest in the Cape Ray Gold project to Matador Mining Limited ("Matador") of Western Australia. Under the purchase agreement Benton received a total of A$3.25 million (A = Australian dollars) and 8,000,000 common shares of Matador based on an underlying value of A$0.25/share (the "Consideration Shares") for a...
2018-07-04 11:19 AM EDT
Benton Completes Work on GNP and Cape Eagle and Makes New Discovery near Altius' Sail Pond Project
Thunder Bay, Ontario--(Newsfile Corp. - June 22, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company"), Metals Creek Resources Corp. (TSXV: MEK) (Metals Creek) and Quadro Resources Inc. (TSXV: QRO) are pleased to announce the acquisition of a new property on Newfoundland's Great Northern Peninsula where reconnaissance prospecting discovered a new Galena-Chalcopyrite-Zinc-Fluorite zone. The zone consists of a number of 2-10cm mineralized veins over a 20+ metre wide outcrop and...
2018-06-22 2:55 PM EDT
Benton Receives Update from Matador on Cape Ray Transaction and Provides Exploration Update
Thunder Bay, Ontario--(Newsfile Corp. - May 31, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has received an update from Matador Mining Limited ("Matador") that their shareholders, via a General Meeting held on May 29, 2018, have voted in favour of acquiring Benton's interest in the Cape Ray project (see Company PR dated March 26, 2018). Pursuant to the binding term sheet (the "Agreement"), Matador, a Western Australia-based exploration...
2018-05-31 9:21 AM EDT
Benton Receives Results from Rio Tinto on Bark Lake Option
Thunder Bay, Ontario--(Newsfile Corp. - May 25, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the receipt of positive exploration results from a diamond drill program completed by its partner, Rio Tinto Canada Exploration Inc. ("Rio Tinto") on the Company's Bark Lake Cu-Ni-PGE ("copper-nickel-platinum group element") project. Rio Tinto's summary report to Benton details the three holes (QTBL0001 to QTBL003, total 408 metres) drilled into the Bark...
2018-05-25 9:25 AM EDT
Benton Receives Cash Payments for Cape Ray and Providence Agreements
Thunder Bay, Ontario--(Newsfile Corp. - April 17, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has received two cash payments from its recently announced agreements that include AUD$90,000 for the second payment of the Providence Copper-Nickel-PGE property option (see Benton PR dated March 3, 2018) from Matador Capital Pty Ltd. and an advance payment of AUD$50,000 from Matador Mining Limited ("Matador") of Western Australia towards the...
2018-04-17 12:05 PM EDT
Benton Completes Airborne Surveys in Newfoundland and Acquires High Grade Gold Project in Ontario
Thunder Bay, Ontario--(Newsfile Corp. - April 13, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") would like to provide an update on the Company's ongoing activities on the Great Northern Peninsula in Northern Newfoundland and Ontario. The Company has acquired two large land positions, the GNP and Cape Eagle projects, both being hosted in a black shale geological environment. Both projects are mapped by the Newfoundland government as having similar geology to that of...
2018-04-13 8:30 AM EDT
Benton Receives Discovery of the Year Award for Bedivere Gold Project
Thunder Bay, Ontario--(Newsfile Corp. - April 4, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has received the 2017 Bernie Schnieders Discovery of the Year Award, for the Bedivere Gold Project. Benton received the honour last night, awarded by the Northwestern Ontario Prospectors Association ("NWOPA") Awards Committee. The Benton team accepted the award along with four prospectors from Traxxin Resources who made the original high grade...
2018-04-04 8:30 AM EDT
Benton Continues to Intersect Gold at Bedivere Project
Thunder Bay, Ontario--(Newsfile Corp. - March 29, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to provide the latest diamond drill results at the Bedivere gold project located in northwestern Ontario. Highlights from the recent winter drill campaign include BED-18-022, the deepest hole to date on the Traxxin zone, which assayed 1.61g/t over 20.0m including 3.43g/t over 7.4m and 9.11g/t over 1.0m and 7.65g/t over 1.0m. The Company continues to delineate the...
2018-03-29 8:10 AM EDT
Benton to Sell Cape Ray for $5.25 Million in Cash and Shares
Thunder Bay, Ontario--(Newsfile Corp. - March 26, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has signed a binding Term Sheet (the "Agreement") with Matador Mining Limited (ASX: MZZ) ("Matador") of Western Australia for the sale of its 80% interest in the four main Cape Ray Deposits (held in an 80%-Benton 20%-Nordmin Engineering Limited joint venture) as well as a 100% interest in its remaining land positions held in the Cape Ray mining...
2018-03-26 2:27 PM EDT
Benton Initiates Airborne Geophysical Survey over Black Shale Projects in Northern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - March 20, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") would like to provide an update on the Company's ongoing activities on the Great Northern Peninsula in Newfoundland. The Company has acquired two large land positions by staking: the GNP black shale gold property and the Cape Eagle property. Both projects are mapped by the Newfoundland government as having similar geology to that of White Metal Resources Corp's new discovery...
2018-03-20 8:30 AM EDT
Benton Options Providence Ni-Cu-Co-PGM Project to Matador Capital
Thunder Bay, Ontario--(Newsfile Corp. - March 3, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has executed a binding letter of intent ("LOI") with Matador Capital Pty Ltd. ("Matador"), a private Australian-based company, whereby Matador has acquired the right to acquire a 100% interest in Benton's Providence Copper-Nickel-PGM project (the "Option") located in the Northwest Territories within 70km from the Diavik Diamond Mine. Under the...
2018-03-03 12:17 PM EST
Benton Increases Land Package at Cape Ray
Thunder Bay, Ontario--(Newsfile Corp. - February 27, 2018) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") would like to announce that it has acquired by staking an additional 131 claim units to cover the 22km south west extension of the Cape Ray Fault. This new ground encompasses highly favorable geology and structure in addition to several significant gold showings including Benton's 2017 sampling where selective grab samples returned trace to 4.2gpt (grams per tonne) gold....
2018-02-27 8:30 AM EST