Benton Announces $1.56 Million Non-Brokered Premium Flow-Through Financing with Investment by Eric Sprott
Thunder Bay, Ontario--(Newsfile Corp. - November 27, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that, subject to all regulatory approvals, the Company has entered into an arrangement with Wealth Creation Preservation & Donation Inc. ("WCPD") and investor Eric Sprott whereby WCPD will arrange for the subscription of 6,250,000 Charity Flow-through Units ("FT Unit") for $0.25 per FT Unit for aggregate gross proceeds of $1,562,500 (the "Private...
2023-11-27 9:04 AM EST
Piedmont Lithium Exercises Initial Earn-In Right For Interest in Killick Lithium; Issues $1 Million in Shares Each to Benton and Sokoman
Thunder Bay, Ontario--(Newsfile Corp. - November 23, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") are pleased to announce that further to their respective press releases issued on October 11, 2023, Piedmont Lithium Inc. (NASDAQ: PLL) (ASX: PLL) ("Piedmont") provided formal notice to exercise its Initial Earn-In Right to acquire a 16.35% voting and participating interest in Killick Lithium Inc. ("Killick") (the "Initial...
2023-11-23 8:41 AM EST
Benton Drills 26.87m of 7.18% Cu, Including 10.28m of 11.16% Cu at Great Burnt
Thunder Bay, Ontario--(Newsfile Corp. - November 20, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received assay results for three additional drill holes that continue to expand and better define the Great Burnt Copper Deposit. Hole GB-23-04 intersected 26.87m grading 7.18% Cu, including 10.28m grading 11.16% Cu (see photo below). GB-23-03 and GB-23-05, (see table below), were both drilled up dip from historic holes and, intersected...
2023-11-20 10:56 AM EST
Benton's Prospecting and Trenching Program Returns High-Grade Copper and Gold Results at the South Pond Zone within the Great Burnt Project
Thunder Bay, Ontario--(Newsfile Corp. - November 17, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that its first pass trenching and prospecting program has returned multiple high-grade copper and gold zones at surface up to 14km north from the Great Burnt Main Zone, all part of the Company's recently acquired Great Burnt Copper-Gold Project in Newfoundland (the "Project"). Multiple surface grab samples located on or near airborne electromagnetic...
2023-11-17 8:30 AM EST
Benton Continues to Intersect Copper-Rich Semi-Massive/Massive Sulphides in Drilling, up to 25.42m Thick at Great Burnt
Thunder Bay, Ontario--(Newsfile Corp. - November 14, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it is continuing to hit significant semi-massive and massive sulphides in drilling at the Great Burnt Copper Gold Project in Newfoundland. The Company released assays from the first two drill holes on November 1, 2023, with copper grades of 4.13% Cu over 3.25m and 8.01% Cu over 4.30m (GB-23-01) and 8.31% Cu over 13.0m (GB-23-02). Benton has now...
2023-11-14 8:30 AM EST
Benton and Sokoman Receive Explorer of the Year Award for the Killick/Kraken Lithium Project from the Canadian Institute of Mining, Metallurgy and Petroleum Newfoundland and Labrador Branch
Thunder Bay, Ontario--(Newsfile Corp. - November 2, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") is pleased to announce that it has received the "Explorer of the Year" award at the annual CIM Mineral Resource Review in Newfoundland. The award was presented by the Newfoundland and Labrador branch of the Canadian Institute of Mining, Metallurgy and Petroleum. The award is presented to a...
2023-11-02 9:00 AM EDT
Benton Hits Multiple High Grade Copper Zones in First Two Holes Including 8.31% Cu over 13m and Continues to Intersect Copper-Rich Massive Sulphides in Drilling at Great Burnt
Thunder Bay, Ontario--(Newsfile Corp. - November 1, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received partial assay results from its inaugural drill program at the Great Burnt Copper Gold project in Newfoundland. Holes GB-23-01 and GB-23-02, both intersected excellent copper grades including 4.13% Cu over 3.25m from 69.05 to 72.30m and 8.01% Cu over 4.30m from 82.8 to 87.10m in GB-23-01 and 8.31% Cu over 13.0m from 161.89 to...
2023-11-01 8:30 AM EDT
Benton Acquires Highly Strategic Land Position Around the South Pond Deposits in the Northern Portion of the Great Burnt Copper-Gold Project and Continues to Intersect Copper-Rich Massive Sulphides in Drilling
Thunder Bay, Ontario--(Newsfile Corp. - October 30, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has entered into an option agreement to acquire a 100% interest in a strategic mineral license (the "Property") encompassing 27 claim units that surrounds the Northern portion of Benton's recently acquired Great Burnt Copper-Gold Project. The Property was optioned from Stephen Stockley Agriculture and Fabrication Inc. ("SSAF") and surrounds...
2023-10-30 8:30 AM EDT
Benton Intersects Copper-Rich Massive Sulfides in Early Drilling at Great Burnt Copper-Gold Project, Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - October 16, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has completed 858m of drilling in 4 holes with all holes intersecting semi-massive and massive sulfides containing significant chalcopyrite mineralization at the Great Burnt Copper Project in Newfoundland. The first holes were designed for infill and expansion of the Great Burnt Main Deposit and has been extremely successful to date. Hole...
2023-10-16 8:19 AM EDT
Piedmont Lithium Inc. Enters into Definitive Agreements with Benton Resources Inc. and Sokoman Minerals Corp. to Acquire an Interest in the Killick Lithium Project
Thunder Bay, Ontario--(Newsfile Corp. - October 11, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") are pleased to announce the entering into of the Definitive Agreements (as defined below) with Piedmont Lithium Inc. (NASDAQ: PLL) (ASX: PLL) and its subsidiaries ("Piedmont"), enabling Piedmont to earn up to a 70% direct and indirect ownership interest in the area and lands comprising the Golden Hope project (the "Golden...
2023-10-11 7:30 AM EDT
Benton Receives Exploration Permits for Great Burnt Copper-Gold Project and Initiates First Phase Drill Program
Thunder Bay, Ontario--(Newsfile Corp. - October 3, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it is in receipt of all requisite permits for exploration on the Great Burnt Copper-Gold project which was recently optioned from Spruce Ridge Resources Ltd. ("Spruce") (see news release dated August 16, 2023). The permits received cover prospecting, geophysics, trenching, geochemical sampling, and diamond drilling. The Company is also pleased to...
2023-10-03 9:06 AM EDT
Benton and Sokoman Report Latest Results at Golden Hope JV - Southwestern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - September 6, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") is pleased to announce that it has received further results from the Phase 4 diamond drilling program completed at the Kraken Lithium swarm. To date, a total of 10,095 m of drilling has been completed in four phases at the main discovery areas, as well as an additional 522 m in six holes at the...
2023-09-06 8:00 AM EDT
Benton Receives Conditional Regulatory Approval for Great Burnt Copper-Gold Option and Expands Disclosure of Outstanding Net Smelter Returns
Thunder Bay, Ontario--(Newsfile Corp. - August 30, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") announced on August 17, 2023 that it entered into a binding letter of intent ("LOI") with Spruce Ridge Resources Ltd. (TSXV: SHL) ("Spruce"), whereby Benton can earn an undivided 70% interest in Spruce's Newfoundland properties (the "Property") including the Great Burnt Copper deposit and South Pond Gold and Copper zones (the "Option"). The Company has received conditional...
2023-08-30 5:27 PM EDT
Benton Options Great Burnt Copper-Gold Deposits from Spruce Ridge Resources in Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - August 17, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that on August 15, 2023, it entered into a binding letter of intent (LOI) with Spruce Ridge Resources Ltd. (TSXV: SHL) ("Spruce"), whereby Benton can earn an undivided 70% interest in Spruce's Newfoundland properties including the Great Burnt Copper deposit and South Pond Gold and Copper zones (the "Property"). The Option Agreement is subject to due...
2023-08-17 7:00 AM EDT
Benton and Sokoman Provide Exploration Update on Li / Cs Exploration Golden Hope JV - Southwestern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - May 18, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to announce that 1,400 m in ten holes have been completed on the 50/50 Golden Hope Joint Venture (GHJV) targeting lithium and other critical metals. Drilling has focused on the Killick Dyke zone, where 2022 drilling returned up to 1.04% Li2O over 15.23 m, including 4.18 m of 1.48% Li2O, and...
2023-05-18 12:29 PM EDT
Benton and Sokoman Announce Exploration Update for Kraken Lithium and Hydra Cesium Discoveries in Southwestern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - March 28, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to provide an exploration update and outline immediate plans for the 50-50 Golden Hope Joint Venture (GHJV). The GHJV was formed by the Alliance in 2021 to explore the mineral potential of an underexplored structural belt of rocks in southwestern Newfoundland hosting past-producing gold...
2023-03-28 7:17 AM EDT
Benton to Exhibit at the 2023 PDAC: Kraken Lithium Core to Be Displayed in the Core Shack
Thunder Bay, Ontario--(Newsfile Corp. - March 3, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to report that the Company will be attending the Prospectors & Developers Association of Canada (PDAC) Convention at the Metro Toronto Convention Centre from Sunday, March 5th to Wednesday, March 8th. The Company invites investors and interested parties to visit the Benton team, Sunday through Wednesday at Booth #2117 located in the Investors Exchange area. In...
2023-03-03 1:03 PM EST
Benton and Sokoman Announce Updates on Newfoundland Joint Venture Projects Golden Hope and Grey River
Thunder Bay, Ontario--(Newsfile Corp. - January 16, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to report final assay results from the recently discovered cesium-rich dyke ("Hydra Dyke" or "Hydra") on the Golden Hope Joint Venture Project, as well as final drill results from a successful Phase 2 drilling campaign at Grey River; both projects are located in southwestern...
2023-01-16 7:12 AM EST
Benton Receives $100,000 Option Payment from Rio Tinto Exploration for Baril Lake West Project
Thunder Bay, Ontario--(Newsfile Corp. - January 11, 2023) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce it has received the final option payment of CAD$100,000 from Rio Tinto Exploration Canada ("RTEC") for the Baril Lake West project (see press release dated January 2, 2019). Pursuant to the terms of the Option to Purchase Agreement dated December 21, 2018 between the Company and RTEC, RTEC has now earned the right to acquire 100% of the Baril Lake...
2023-01-11 7:16 AM EST
Benton Advises that Clean Air Metals Closes First Tranche of CAD$15 Million Royalty Financing Agreement on Thunder Bay North Critical Minerals Project with Triple Flag Precious Metals Corp.
Thunder Bay, Ontario--(Newsfile Corp. - December 19, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has been notified by Clean Air Metals Inc. ("Clean Air") that it has entered into a CAD$15 million mineral royalty financing agreement with Triple Flag Precious Metals Corp. ("Triple Flag"). Clean Air has closed an initial tranche of $10 million of the CAD$15 million contained within the agreement. Under the terms of the agreement, Clean Air...
2022-12-19 8:19 AM EST