Benchmark Drills 30.63 Metres of 3.39 g/t Gold Equivalent and Extends Mineralization to >300 Metres Depth at Cliff Creek Zone
Edmonton, Alberta--(Newsfile Corp. - October 6, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce new results from the ongoing drilling at Cliff Creek where multiple holes intersected broad zones of significant bulk-tonnage mineralization below all previous drilling, confirming the mineralizing system remains strong and open at depth. The Cliff Creek Zone is currently the largest mineralized area on the Lawyers...
2020-10-06 6:00 AM EDT
Benchmark Completes $50.3 Million Unit Financing and Graduates to Trade on the OTCQX(R) Best Market
Edmonton, Alberta--(Newsfile Corp. - September 30, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce, further to its press releases dated September 18 and 25, 2020, that it has closed the third tranche of its private placement (the "Offering"), issuing a further 3,384,615 hard dollar units at $1.30 (the "Units") for gross proceeds of $4,400,000. The Company has now completed the over-subscribed Offering for total...
2020-09-30 1:36 PM EDT
Benchmark Appoints VP and Begins Engineering and Development Work Towards a Preliminary Economic Assessment
Edmonton, Alberta--(Newsfile Corp. - September 29, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce both the appointment of Mr. Ian Harris as Vice-President of Engineering and the engagement of JDS Energy & Mining Inc (JDS) as lead consultant to advance its flagship Lawyers Gold-Silver Project toward a Preliminary Economic Assessment (PEA). In parallel, Benchmark is proceeding with advanced metallurgy, geotechnical,...
2020-09-29 6:00 AM EDT
Benchmark Announces Second Closing for Its Oversubscribed Offering of Hard Dollar Units and Flow-Through Units
Edmonton, Alberta--(Newsfile Corp. - September 25, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") further to the Company's press release dated September 18, 2020, Benchmark is pleased to announce that it has closed the second tranche of its private placement (the "Offering"), issuing a further 2,000,000 hard dollar units at $1.30 (the "HD Units") and 1,161,128 flow-through A units at $1.56 (the "FT Units") (the HD Units and FT Units,...
2020-09-25 1:44 PM EDT
Benchmark Announces First Closing for Its Oversubscribed Offering of Hard Dollar Units and Flow-Through Units
Edmonton, Alberta--(Newsfile Corp. - September 18, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce that it has closed the first tranche of its previously announced private placement (the "Offering") of 16,260,847 hard dollar units at $1.30 (the "HD Units"), 2,585,500 flow-through A units at $1.56 (the "FT A Units") and 9,305,040 flow-through B units at $1.75 (the "FT B Units"), (the HD Units, FT A Units, and FT B...
2020-09-18 4:15 PM EDT
Benchmark Drills 31.00 Metres of 3.89 g/t Gold Equivalent Near Surface
Edmonton, Alberta--(Newsfile Corp. - September 2, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce results for the first phase of drilling at Cliff Creek including drill hole 20CCDD011 which intersected three discrete zones (Table 1) including:31 metres (m) of 2.98 grams per tonne (g/t) gold and 72.77 g/t silver or 3.89 g/t gold equivalent* (AuEq); 6 m of 6.95 g/t gold and 280.67 g/t silver or 10.45 g/t...
2020-09-02 6:00 AM EDT
Benchmark Makes New Discovery at Marmot Zone and Commences Drilling over New Gold-Silver Targets
Edmonton, Alberta--(Newsfile Corp. - August 27, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce the discovery of new mineralized structures, broad zones of alteration, veining, and sulphide mineralization at the Marmot Zone; drill-hole planning is complete and drilling will commence shortly. The mineralized structures show a strong resemblance to the Companies largest mineralized area, the Cliff Creek Zone that lies...
2020-08-27 3:05 AM EDT
Benchmark's $48 Million Financing Will Extend Its 2020 Drill Campaign up to 100,000m and Fund a 2021 Campaign of up to 200,000m
Edmonton, Alberta--(Newsfile Corp. - August 24, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide guidance on its increased financing to $48 million announced on August 19th, 2020. Funding will extend and expand the 2020 drill program up to 100,000 metres and prepare for a resource estimate and Preliminary Economic Assessment (PEA) early in 2021. In addition, the funding provides capital to build toward a feasibility...
2020-08-24 9:00 AM EDT
Benchmark Announces Increase in Unit Offering to over $48 Million
Edmonton, Alberta--(Newsfile Corp. - August 19, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") Further to the Company's press release dated August 18, 2020, the Company is pleased to announce that its "best efforts" brokered private placement offering with Sprott Capital Partners LP ("Sprott") as lead agent, and, if applicable, on behalf of a syndicate of one or more additional agents (referred to collectively as the "Agents") has been...
2020-08-19 8:00 AM EDT
Benchmark Announces $21.0 Million Unit Offering for Its Gold-Silver Resource Drilling Program
Edmonton, Alberta--(Newsfile Corp. - August 18, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP ("Sprott") as lead agent, and, if applicable, on behalf of a syndicate of one or more additional agents (referred to collectively as the "Agents") in connection with a "best efforts" private placement financing of up to $21,000,001 (the "Offering"). Benchmark's...
2020-08-18 7:45 AM EDT
Benchmark Provides Metals Recovery up to 98% Gold and 97% Silver from Metallurgical Testing at the Lawyers Gold-Silver Project
Edmonton, Alberta--(Newsfile Corp. - August 13, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce preliminary metallurgical results from composite samples representing three resource target areas. Benchmark's flagship, 100% owned Lawyers gold-silver project is located in the Golden Horseshoe of north-central British Columbia, Canada. Three resource areas were tested for preliminary metallurgical response. These...
2020-08-13 5:00 AM EDT
Benchmark Drilling Yields 57.91 Metres of 3.05 g/t Gold Equivalent from Surface
Edmonton, Alberta--(Newsfile Corp. - August 6, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce results from drill-hole 20CCRC003 that intersected, from surface, broad mineralization that yielded 57.91 metres (m) of 1.90 grams per tonne (g/t) gold and 91.96 g/t silver or 3.05 g/t gold equivalent* (AuEq). Within this mineralized envelope higher-grade intervals include 33.53 metres of 3.17 g/t gold and 152.28 g/t...
2020-08-06 5:00 AM EDT
Benchmark Signs Trilateral Agreement with Three First Nations at Its Gold-Silver Project
Edmonton, Alberta--(Newsfile Corp. - July 30, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce the support from the Tsay Keh Dene Nation, Kwadacha Nation, and Takla Nation (the "Partner Nations") to advance its flagship gold-silver project. The Partner Nations and Benchmark are committed to working together in the spirit of partnership and collaboration in building a positive, respectful, mutually beneficial, and...
2020-07-30 3:05 AM EDT
Benchmark Adds a Fifth Drill Rig at its Gold-Silver Project and Provides Program Update
Edmonton, Alberta--(Newsfile Corp. - July 22, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce that it has added a fifth drill rig to its 50,000 metre drill program and provides an update on the drilling and field exploration completed to date. Over 10,500 metres has been completed from +60 drill holes targeting resource definition and expansion areas. Sample shipments to the laboratory are ongoing with assay results...
2020-07-22 3:05 AM EDT
Benchmark Signs Communications and Engagement Agreement with Tahltan Central Government
Edmonton, Alberta--(Newsfile Corp. - July 16, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") and the Tahltan Central Government ("TCG") are pleased to announce the signing of a Communications and Engagement Agreement (the "Agreement") covering the Company's 100% owned Lawyers Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia, Canada.The Agreement provides a framework for a collaborative working...
2020-07-16 9:00 AM EDT
Benchmark Commences Drilling at Its Gold-Silver Property
Edmonton, Alberta--(Newsfile Corp. - June 30, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark")- is pleased to announce the start of resource expansion and definition drilling. The Company has already completed in excess of 270 metres of drilling with two (2) drill rigs positioned and turning at the Cliff Creek Zone (CCZ). An additional two (2) dill rigs will be added this week for a total of four (4). Drill holes will be...
2020-06-30 9:15 AM EDT
Benchmark Advances New Porphyry Target with the Commencement of Geophysical Surveys
Edmonton, Alberta--(Newsfile Corp. - June 25, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce geophysical crews are mobilizing to the Silver Pond porphyry target to begin data acquisition and interpretation to better define drill targets on the highly-prospective zone for a new porphyry discovery. A 3D induced polarization (IP) and resistivity survey in conjunction with a high-resolution magnetic geophysical survey...
2020-06-25 9:15 AM EDT
Benchmark Commences 50,000 Metre Gold-Silver Exploration Drill Program
Edmonton, Alberta--(Newsfile Corp. - June 17, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce work crews have started mobilizing drill rigs and technical crews to its gold-silver project as it embarks on the largest drill program scheduled in the Toodoggone region for 2020. The Company has up to 50,000 metres of planned drilling with the majority of new drilling focused on resource expansion and definition drilling....
2020-06-17 9:15 AM EDT
Benchmark Mobilizes the Largest Gold-Silver Drill Program to Be Undertaken in the Toodoggone in 2020
Edmonton, Alberta--(Newsfile Corp. - June 9, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide an overview of the significant advancements it has made over the past two years since acquiring the Lawyers gold-silver project and it's vision for the next twelve months. The Company now sees potential for mining scenarios that will contribute to converting the existing exploration target into a future multi-million-ounce...
2020-06-09 9:00 AM EDT
Benchmark Provides New Target for Porphyry & Epithermal Potential at Its Gold-Silver Project
Edmonton, Alberta--(Newsfile Corp. - May 26, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce a new target area for porphyry potential. Sample analysis has resulted in a 4 km2 area at the Silver Pond Zone that provides alteration assemblages and large scale zonation patterns that are helping vector towards potential porphyry or high-sulphidation mineralization. This large zone of alteration has never been drilled,...
2020-05-26 9:00 AM EDT