Benton Recaps 2021 and Outlines 2022 Objectives
Thunder Bay, Ontario--(Newsfile Corp. - December 15, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to provide a review of activities throughout 2021 along with an update on 2022 strategic objectives aimed at unlocking value for shareholders in the coming year. 2021 has been productive not only from an exploration perspective, but also through several key developments by companies in which Benton holds strategic investments. The Company feels that the value...
2021-12-15 8:30 AM EST
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,...
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...
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 length...
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 date. The news release,...
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...
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...
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...
2021-10-15 4:23 PM EDT
Benton Resources and Sokoman Minerals Commence Diamond Drilling Grey River JV Project, Southern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - October 12, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. ("Sokoman") (TSXV: SIC) (OTCQB: SICNF) (jointly "the Alliance") are pleased to announce that Phase 1 diamond drilling has commenced at the Grey River JV gold project (the "Project") on the south coast of Newfoundland. The Project is targeting high-grade gold mineralization similar in style to the Pogo gold deposit in the Tintina Belt of Alaska.
2021-10-12 3:06 PM EDT
Benton Advised of Clean Air Metals' Payment to Rio Tinto on Escape Lake Option
Thunder Bay, Ontario--(Newsfile Corp. - October 12, 2021) - 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 January 6, 2020 and May 14, 2020)....
2021-10-12 7:53 AM EDT
Benton and Sokoman Confirm First High-Grade Lithium Discovery in Newfoundland at the Golden Hope Project
Thunder Bay, Ontario--(Newsfile Corp. - September 16, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") (together, "the Alliance") are pleased to announce analyses for 35 of 58 follow-up samples from the recently discovered swarm of Lithium-bearing pegmatite dikes on the Golden Hope Joint Venture Project in southwestern Newfoundland. The 35 grab and chip samples were collected over a 1 km2 area over the swarm of...
2021-09-16 2:08 PM EDT
Benton Resources: Clean Air Metals Reports New Drill Results including 76.7m of 5.67g/t PdEq with 21.0m of 9.98g/t PdEq at Escape Lake
Thunder Bay, Ontario--(Newsfile Corp. - September 7, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to share results obtained by Clean Air Metals Inc. (TSXV: AIR) (FSE: CKU) (OTCQB: CLRMF) ("Clean Air Metals" or the "Company") from recent drilling completed at the Escape Lake project, under Option from Benton. Clean Air Metals can earn up to 100% of the Escape Lake project and Benton will retain a 0.5% NSR on the property. Hole ELR21-077 intersected 76.6m...
2021-09-07 11:03 AM EDT
Sokoman and Benton Announce Discovery of High-Grade Lithium-Bearing Pegmatites at Golden Hope in Southwestern Newfoundland
St. John's, Newfoundland--(Newsfile Corp. - August 16, 2021) - Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") and Benton Resources Inc. (TSXV: BEX) ("Benton"), which are 50/50 members of a joint exploration alliance previously announced on May 10, 2021 (together, "the Alliance"), are pleased to announce that they have discovered a swarm of lithium-bearing pegmatite dikes on the Golden Hope Joint Venture Project in southwestern Newfoundland, Canada. Benton's President and CEO...
2021-08-16 7:00 AM EDT
Benton Receives First Anniversary Payment for Starr Gold-Silver Project from Metallica Metals
Thunder Bay, Ontario--(Newsfile Corp. - August 4, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton') is pleased to report that it has received the first anniversary option payment comprised of $50,000 and 1,248,177 shares of Metallica Metals Corp. (CSE: MM) ("Metallica") for the Starr gold-silver project (formerly known within Benton as the Saganaga gold project) located in the Thunder Bay Mining District of Ontario. Benton now holds 2,628,177 million shares of Metallica. Metallica has the...
2021-08-04 11:00 AM EDT
Benton Advised That Metallica Metals Has Identified Numerous Drill Targets for Starr Project, Thunder Bay Mining District and Grants Stock Options
Thunder Bay, Ontario--(Newsfile Corp. - July 28, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton') is pleased to report that Metallica Metals Corp. (CSE: MM ("Metallica") issued a news release earlier today whereby they have identified numerous drill targets on their Starr gold-silver project (formerly known under Benton as the Saganaga gold project) located in the Thunder Bay Mining District of Ontario. Metallica has the option to earn 70% interest in the Starr project by making certain...
2021-07-28 3:31 PM EDT
Benton Provides Update on the Far Lake Copper-Silver Project in Ontario and Newfoundland Joint Venture Projects
Thunder Bay, Ontario--(Newsfile Corp. - July 20, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to provide a corporate update on the Company's ongoing exploration efforts in Ontario and Newfoundland. The Far Lake Copper-Silver project, located 80 km west of Thunder Bay, Ontario, the focus of Benton's exploration efforts since 2020, has undergone a detailed geological mapping campaign since the beginning of May. The area had never been mapped in detail, and...
2021-07-20 7:45 AM EDT
Benton and Sokoman Option Claims Adjacent to the Joint Kepenkeck Gold Property in Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - June 29, 2021) - Benton Resources Inc. (TSXV: BEX) ('Benton') and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF)('Sokoman') (jointly, 'the Companies' or 'the Joint Venture') are pleased to announce that on behalf of their strategic alliance (see news release dated May 20, 2021) Benton has entered into an option agreement to acquire the Larry's Pond project which lies along the western boundary of the Kepenkeck Gold JV claims (the "Option Agreement")....
2021-06-29 7:00 AM EDT
Benton Reports Results of Phase II Drilling at Far Lake Copper-Silver Project, Ontario
Thunder Bay, Ontario--(Newsfile Corp. - June 4, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") today announces results from the Phase II drilling program at its Far Lake Copper-Silver project located 80 km west of Thunder Bay, Ontario. The second phase of drilling at Far Lake totaled 2,696 m and was designed to test new areas associated with surface mineralization as well as various chargeability anomalies outlined by a deep, 3D IP geophysical survey. Highlights from...
2021-06-04 8:30 AM EDT
Benton Receives Conditional Exchange Approval and Closes $2.25 million Flow-Through Private Placement, With Participation from Mr. Eric Sprott
Thunder Bay, Ontario--(Newsfile Corp. - May 31, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") announces that it has closed their previously announced non-brokered flow-through private placement of units (the "Private Placement") (see Company news release dated May 14, 2021). The Company will issue 11,250,000 flow-through units at a price of $0.20 per unit with each unit consisting of 1 flow-through common share of the Company and one-half of one common share purchase...
2021-05-31 8:30 AM EDT