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
Benton Resources and Sokoman Minerals Report Kraken Lithium Prospect Phase 3 Drilling Program Underway; First Three Holes Cut Spodumene-Rich Dykes up to 14 m Thick
Thunder Bay, Ontario--(Newsfile Corp. - November 30, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman"), together, (the "Alliance") are happy to report the commencement of the third phase of drilling at the Kraken Lithium Prospect. The Alliance is also extremely pleased to announce a new discovery, the Killick Zone, where surface grab samples graded up to 1.12% Li2O, located 200 m south of the East Dyke Zone (see press...
2022-11-30 7:12 AM EST
Benton and Sokoman - Kraken Lithium Prospect Phase 2 Drill Results Exploration Update
Thunder Bay, Ontario--(Newsfile Corp. - October 18, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman"), together (the "Alliance"), are pleased to announce the latest encouraging drill results and a 2022 exploration update from the Kraken Lithium Prospect on its Golden Hope Joint Venture located in southwest Newfoundland. The Alliance is pleased to report the following from the 2022 exploration program to date: Intersection of...
2022-10-18 7:15 AM EDT
Benton Amends Far Lake Agreement with Thunder Gold Corp.
Thunder Bay, Ontario--(Newsfile Corp. - July 18, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has amended its agreement with Thunder Gold Corp. (formerly White Metal Resources Corp.) ("TGOL") (the "Amending Agreement") regarding the Far Lake project (the "Property") located 80km west of Thunder Bay, Ontario (see the Company's May 20, 2020 news release for details on the original agreement). Pursuant to the Amending Agreement, the Company...
2022-07-18 8:30 AM EDT
Benton and Sokoman Report Final Results from Recon Drilling at the Kraken Pegmatite Field - Golden Hope Project, SW Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - June 30, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to report the final assay results from the 1,025-m reconnaissance drilling program carried out this past winter and report on recent trenching from the Kraken Pegmatite Field on the Golden Hope Joint Venture Property in southwest Newfoundland. Table 1: Significant Drill Results - Kraken
2022-06-30 7:22 AM EDT
Benton Advised that Clean Air Metals Reports Drill Results and Corporate Update Including Project Payment and Prefeasibility Kickoff around Metallurgical Optimization
Thunder Bay, Ontario--(Newsfile Corp. - May 26, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") is pleased to report that Clean Air Metals Inc. ("Clean Air"), of which Benton has a substantial shareholding, has announced new assay results from the 2022 drill campaign from the Escape PGE-Cu-Ni Deposit at the Company's Thunder Bay North Project near Thunder Bay, Ontario, Canada (the "Project"). As reported by Clean Air, highlights from the Escape South deposit area includes: Hole ELR22-137...
2022-05-26 8:58 AM EDT
Benton and Sokoman Report First Drill Assay Results from the Kraken Pegmatite Field - Golden Hope Project, SW Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - March 24, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, ("the Alliance") are pleased to report the first assay results from the 1,025 m reconnaissance drilling program, that tested the recently discovered Kraken pegmatite field on the Golden Hope Joint Venture Property in southwestern Newfoundland. The samples were cut from an 8.40 m wide (drilled thickness),...
2022-03-24 9:33 AM EDT
Benton Closes Non-Brokered $2.4 Million Financing with Investment by Eric Sprott
Thunder Bay, Ontario--(Newsfile Corp. - March 21, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that the Company has received approval from the TSX Venture Exchange to close its previously announced non-brokered private placement of flow-through units and non-flow-through units (the "Private Placement") for combined aggregate gross proceeds of approximately $2.4 million (see Company PR dated March 3, 2022). The Company will issue 6,250,000...
2022-03-21 2:34 PM EDT
Benton Announces Non-Brokered $2.4 Million Financing with Investment by Eric Sprott
Thunder Bay, Ontario--(Newsfile Corp. - March 3, 2022) - 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 units and non-flow-through units (the "Private Placement") for combined aggregate gross proceeds of up to $2.4 million. The Private Placement is expected to close on or before March 25, 2022. On closing the Company will issue...
2022-03-03 3:00 PM EST
Benton and Sokoman Complete Recon Drilling at Kraken Pegmatite Field on the Golden Hope Project, Southwestern Newfoundland
Thunder Bay, Ontario--(Newsfile Corp. - February 24, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, ("the Alliance") are pleased to announce the completion of a 1025 m reconnaissance drilling program testing the recently discovered Kraken Pegmatite Field at the Golden Hope Joint Venture Project in southwestern Newfoundland. This represents the first known drill program directly targeting lithium mineralization...
2022-02-24 11:33 AM EST
Benton and Sokoman Initiate Drill Program at the Kraken Lithium Prospect on the Golden Hope JV; Spodumene-bearing Pegmatite Encountered in First Hole
Thunder Bay, Ontario--(Newsfile Corp. - January 21, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to announce that the Alliance has commenced the Phase 1 diamond drilling program at the Kraken Lithium prospect on the Golden Hope JV project located in southwest Newfoundland near the village of Burgeo. The diamond drilling program is expected to consist of 1,000 to 2,000 metres of...
2022-01-21 7:05 AM EST
Benton Reports that Clean Air's Latest Drilling Includes 31.0m Averaging 3.9 g/t Pt, 5.1 g/t Pd, 1.7% Cu, 0.63% Ni
Thunder Bay, Ontario--(Newsfile Corp. - January 5, 2022) - Benton Resources Inc. (TSXV: BEX) ("Benton") is pleased to report that Clean Air Metals Inc. ("Clean Air"), of which Benton has a substantial shareholding, has announced new assay results from the 2021 drilling campaign from the Escape and Current PGE-Cu-Ni Deposits at Clean Air's Thunder Bay North Project near Thunder Bay, Ontario, Canada (the "Project"). Drilling operations are set to resume on January 6, 2022. As reported by Clean...
2022-01-05 9:23 AM EST
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