Benchmark Defines Six Discrete Zones with Potential for Mineral Resources with High Grade and Bulk Tonnage Intercepts
Edmonton, Alberta--(Newsfile Corp. - October 14, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to announce the successful completion of its 2019 exploration program at the Lawyers property. The program included 47 diamond drill holes totaling 10,766.79 metres, defining six discrete mineralized zones that wi
2019-10-14 3:05 AM EDT
Benchmark Funds 2020 with Gross Proceeds of $7.5 Million from Final Closing of Unit Offering and Flow-Through Share Offering
Edmonton, Alberta--(Newsfile Corp. - October 7, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce that it has completed the final closing of its previously announced private placement (the "Offering") of flow-through shares (the "FT Shares") and units (the "Units") on Oct
2019-10-07 2:03 PM EDT
Benchmark Drills 132.5 g/t Gold and 8,560 G/t Silver over 0.9 metres in Unique Mineralization at Phoenix Zone Discovery
Edmonton, Calgary--(Newsfile Corp. - October 7, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to report the first drill hole result of 2019 from the Phoenix Zone. Drilling intersected 132.5 g/t gold and 8,560 g/t silver over 0.9 metres core length within a broader interval of 46.9 g/t gold and 3,055.6 g/t silver over 2.87 metres core length in 19PXDD001 (Table 1). Results have now extended the Phoenix Zone from surface,...
2019-10-07 3:05 AM EDT
Benchmark Announces Closing of Unit Offering and Flow-Through Share Offering Including a $4.0 Million Investment by Eric Sprott
Edmonton, Alberta--(Newsfile Corp. - September 27, 2019) - 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 flow-through shares (the "FT Shares") and units (the "Units") by multiple closings on September 23rd and 27th, 2019, non-brokered and brokered, respectively. A total of 1,407,500 FT Shares were sold at an offering...
2019-09-27 4:15 PM EDT
Benchmark Drills 5.01 g/t Gold Equivalent over 25 Meters and Extends Mineralization at Depth and Along Strike in the First Drill-Hole Completed at the AGB Zone
Edmonton, Alberta--(Newsfile Corp. - September 20, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report the first drill hole result from the Amethyst Gold Breccia ("AGB") Zone. Drilling intersected 2.79 g/t gold and 177 g/t silver over 25 metres core length including 5.37 g/t gold and 214 g/t silver over 7 metres core length and 10.02 g/t gold and 654 g/t silver over 2.1 metres core length in...
2019-09-20 9:15 AM EDT
Benchmark Closes Its Acquisition of a 100% Interest in the Lawyers Gold-Silver Property
Edmonton, Alberta--(Newsfile Corp. - September 19, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce that, further to the Company's press release dated August 14, 2019, Benchmark has closed its business combination with PPM Phoenix Precious Metals Corp. ("PPM"), thereby completing the acquisition of a 100% interest in the Lawyers Gold-Silver Property (the "Property"), which is situated in the Stikine Terrane of...
2019-09-19 9:05 AM EDT
Benchmark Announces $5.5 Million Unit Offering and $2.0 Million Flow-Through Share Offering Including a $4.0 Million Investment by Eric Sprott
Edmonton, Alberta--(Newsfile Corp. - September 5, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP to act as lead agent (the "Lead Agent") on its own behalf and, if applicable, on behalf of a syndicate of agents (collectively with the Lead Agent, the "Agents"), in connection with a best efforts brokered private placement to raise gross proceeds...
2019-09-05 2:00 PM EDT
Benchmark Mobilizes Second Diamond Drill to Pursue a Major Opportunity to Expand Its Resource Target Area at Lawyers
Edmonton, Alberta--(Newsfile Corp. - August 30, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report the mobilization of a second diamond drill rig to test and potentially expand the discovery of widespread intense alteration, multiphase veining and mineralization at the central resource area of the Lawyers Trend. The success of the ongoing 2019 field and drilling programs has provided a more thorough...
2019-08-30 3:05 AM EDT
Benchmark Extends the Cliff Creek Zone to over 1 Kilometre and Expands Resource Target Area for Further Drilling in 2019
Edmonton, Alberta--(Newsfile Corp. - August 27, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to report early drilling success at the southern extent of the Cliff Creek resource area ("Cliff Creek South" or "CCS") along the Lawyers Trend. Eleven (11) holes have intersected significant widths of intense alteration and multiphase veining across a +1 kilometre strike length. The most recently completed hole at the CCS zone...
2019-08-27 3:05 AM EDT
Benchmark Drills 11.7 g/t Gold and 476 g/t Silver over 4.4 Metres in the First Completed Drill Hole of 2019
Edmonton, Alberta--(Newsfile Corp. - August 16, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report the first drill hole result at the Lawyers Trend (Cliff Creek Zone). Drilling has intersected 11.73 g/t gold and 476 g/t silver over 4.4 metres core length and within a wider zone grading 2.19 g/t gold and 85.36 g/t silver over 26.75 metres core length in drill hole 19CCDD001. The Lawyers Project is...
2019-08-16 4:05 PM EDT
Benchmark to Acquire 100% of the Lawyers Gold-Silver Property
Edmonton, Alberta--(Newsfile Corp. - August 14, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce that it has reached a definitive agreement to acquire a 100% interest in the Lawyers Gold-Silver Property (the "Property") pursuant to a share exchange agreement (the "Agreement") that contemplates a proposed business combination with PPM Phoenix Precious Metals Corp. ("PPM"). As a result, PPM will become a...
2019-08-14 4:05 PM EDT
Benchmark Geophysics Indicate New Discovery Targets and Expanded Zones of Known Mineralization
Edmonton, Alberta--(Newsfile Corp. - August 2, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to report the results of a successful ground geophysical program indicating a number of new target geophysical signatures and the potential for expansion of existing target zones along the highly prospective regional-scale (+)20 km Lawyers Trend situated in the Stikine Terrane of northern British Columbia, Canada, within the...
2019-08-02 3:05 AM EDT
Benchmark Drills Multiple Zones of Mineralization in All 2019 Drill Holes Completed to Date at the Lawyers Gold-Silver Property
Edmonton, Alberta--(Newsfile Corp. - July 30, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to report successful drilling progress from the initial 6 drill holes at the Lawyers Trend (Cliff Creek Zone). Drilling has intersected multi-metre mineralized intercepts in the initial phase of the 2019 program. Five of the holes have returned 2-3 discrete mineralized intercepts within the same hole ranging from 1 to 46...
2019-07-30 3:05 AM EDT
Benchmark Granted 5 Year Work Permit for the Lawyers Gold-silver Property
Edmonton, Alberta--(Newsfile Corp. - July 25, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to announce the Government of British Columbia has granted a five (5) year Work Permit for exploration and drilling at the Lawyers Gold-Silver Project. The new Work Permit encompasses an expanded scope and scale to explore existing and new targets across the project area. Under the Notice of Work Mines Act, Benchmark is...
2019-07-25 3:05 AM EDT
Benchmark Establishes Advisory Board
Edmonton, Alberta--(Newsfile Corp. - July 22, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to announce the appointment of Alastair McIntyre and Jeremy Yaseniuk to the Advisory Board. The Advisory Board was established to enable accretive value to Benchmark by adding valuable skill-sets. The new team members will contribute to Benchmark's growth with successful exploration and development of the Lawyers...
2019-07-22 4:05 PM EDT
Benchmark Commences Exploration and Drilling at the Lawyers Gold-Silver Property
Edmonton, Alberta--(Newsfile Corp. - July 19, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - Benchmark is pleased to announce commencement of the 2019 exploration program to explore the 127km2 Lawyers Gold-Silver project. The 2019 program is designed to expand the known mineralization and delineate new targets for drilling during 2019. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and...
2019-07-19 3:05 AM EDT
Benchmark Provides Initial High-Priority Targets for Phase 1 Drill Program
Edmonton, Alberta--(Newsfile Corp. - June 25, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide the Phase 1 expansionary drill plans, targeting high-grade mineralization within wide bulk-tonnage intercepts, at the main mineralized zones within the Lawyers Trend. Benchmark anticipates a mid-July start date with Phase 1 drilling to include 25 drill holes, totaling over 4,700 metres. Additional drill targeting is in...
2019-06-25 3:05 AM EDT
Benchmark Reports 108.36 g/t Gold and 911.2 g/t Silver over 7 Metres from New Exploration Target Area
Edmonton, Alberta--(Newsfile Corp. - June 14, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide drilling plans and historical results at the Amethyst Gold Breccia Zone (AGB), situated within the regional Lawyers Trend. Selected historical high-grade drilling intersected 108.36 g/t gold and 911.2 g/t silver over 7 metres (DDH81AS43) core length and 6.96 g/t gold and 254.70 g/t silver over 57.9 metres (DDH82AS16) core...
2019-06-14 4:05 PM EDT
Benchmark Announces $5 Million Non-Brokered Unit Share Offering
Edmonton, Alberta--(Newsfile Corp. - June 7, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - proposes to complete a non-brokered private placement of up to 11,111,111 units (the "Units") at an offering price of $0.45 per Unit, to raise gross proceeds of up to $5.0 million (the "Offering"). Each Unit will consist of one (1) common share of the Company and one-half (1/2) of a share purchase warrant (the "Warrants"). Each...
2019-06-07 4:05 PM EDT
Benchmark Reports 259 g/t Gold and 3,320 g/t Silver over 3 Metres from New Exploration Target Area
Edmonton, Alberta--(Newsfile Corp. - June 4, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide exploration plans and historical results at the Amethyst Breccia Zone (the "AGB Zone") located in the eastern portion of the regional Lawyers Trend, an area just 2 km from the main resource expansion area of the Lawyers Project that remains under-explored. The AGB Zone is a sub-parallel structure adjacent to the Cliff Creek,...
2019-06-04 4:05 PM EDT