Benton has entered into two separate agreements to acquire a 100% interest in 6 strategic mineral licences encompassing 52 claim units that are adjacent to or within Benton's current claim block at the Great Burnt Copper-Gold Project. Portions of the newly acquired Property host interesting geophysical and geological targets that will be subject to investigation and exploration in the coming months. Benton is very pleased to add this strategic land position in preparation for the aggressive exploration season, including its Phase 3 diamond drilling program. Read more at: https://lnkd.in/g8gwtcUU #mining #juniormining #copper #gold #criticalminerals
Benton Resources Inc.
Mining
Thunder Bay, ON 1,184 followers
A Multi-Commodity Project Generator with High-Quality Projects and Partners
About us
Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly-prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements and most-recently Lithium assets. In addition, it currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Royalties (NSR) with potential long-term cash flow. Benton also recently entered into a 50/50 strategic alliance with Sokoman Minerals through three large-scale joint venture properties including Grey River, Golden Hope and Kepenkeck in Newfoundland that are now being explored.
- Website
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http://www.bentonresources.ca/
External link for Benton Resources Inc.
- Industry
- Mining
- Company size
- 2-10 employees
- Headquarters
- Thunder Bay, ON
- Type
- Public Company
- Founded
- 2004
- Specialties
- mining, exploration, project generator, commodities, Gold, Base metals, and Critical Metals
Locations
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Primary
684 Squier St
Thunder Bay, ON P7B 4A8, CA
Employees at Benton Resources Inc.
Updates
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Benton receives more high-grade copper results from the Great Burnt Copper Deposit further delineating the high-grade copper core. Ongoing efforts and interpretation of the recently completed down-hole geophysical program have confirmed a highly conductive anomaly extending to the south and along strike from hole GB-24-34. This high-priority target has been selected for drilling in the next phase of the drill program. Read more at: https://lnkd.in/guGjHHrF #mining #juniormining #basemetals #criticalminerals #copper #gold #smallcaps
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On receipt of all regulatory approvals, Benton will issue 15,755,334 units at a price of $0.15 per unit, for aggregate gross proceeds of $2,363,300. Proceeds will be used to advance the flagship Great Burnt Copper-Gold Project in Newfoundland and for working capital purposes. Read more at: https://lnkd.in/gbw3A_RS #mining #smallcaps #juniormining #copper #gold #criticalminerals #basemetals
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"Copper's supply gap is creating a compelling opportunity for developers of high-quality #copper projects in stable jurisdictions. Benton's Great Burnt checks both these boxes, with a central location, high-grade mineralization, and a major exploration upside." "Positive exploration results in 2024 could quickly put Great Burnt on the map as one of Canada's most exciting new copper projects, making Benton a company to watch for investors seeking outsized copper exposure." Watch Crux Investor's latest interview with BEX CEO Stephen Stares! https://lnkd.in/gdnZtzxM
Benton Resources (TSXV:BEX) - Cashed Up to Prove Up High-Grade Copper Discovery in Canada
https://www.youtube.com/
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Benton received further high-grade #copper results which expand the Great Burnt Copper Deposit a further 50 m down plunge. GB-24-33 returned 2.26% Cu and 0.37% Zn over 20.92 m and GB-24-32 returned 3.10% Cu and 0.28% Zn over 11.29 m and will upgrade the resource in this area. GB-24-34 intersected 1.75% Cu and 0.81% Zn over 5.00 m, including 4.02% Cu and 1.68% Zn over 1.00 m. The ongoing down-hole geophysical program has identified that the massive sulphides associated with the deposit are highly conductive, and additional priority targets have been selected for drilling in the next phase. Read more at: https://lnkd.in/gJDpGR7F #mining #juniormining #smallcaps #criticalminerals #basemetals
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Benton has successfully completed its Phase 2 drill program - 15 holes for a total of 3,260 m - at its Great Burnt Project in #Newfoundland. Results for the initial drill holes are expected shortly. A Crone downhole pulse electro-magnetics survey is underway on 7 drill holes for targeting of massive sulphides near the main zone over a 300-400 m area. Phase 3 exploration program will begin in May-June and will include drilling, trenching, surface sampling, prospecting, structural mapping, as well as soil and rock geochemistry sampling. Read more at: https://lnkd.in/gR7gfZBS #mining #juniormining #capitalmarkets #investing #copper #gold #criticalminerals #basemetals
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"Copper prices have surged to new heights, with spot prices reaching US$8,833 per metric tonne on 13 March 2024, a peak not seen since 2023." #copper #mining #basemetals #criticalmetals https://lnkd.in/gcVy5cjy
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"Renewable energy systems can use up to six times more #copper than traditional sources." Check out this interesting infographic on the Critical #Energy Minerals: https://lnkd.in/gn54Synu
Nine Critical Energy Minerals for Investors
sprottetfs.com
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Benton has successfully expanded the Great Burnt deposit in south-central Newfoundland another 50 m down plunge and along strike to the south, continuing to demonstrate that the deposit is wide open for expansion. Multiple intersections of stringer, semi-massive and massive sulphides have been intersected from 0.5 m to 17.75 m, including a 4.1 m massive sulphide zone in hole GB-24-34 which is the deepest and most southern drill hole ever drilled in the deposit. More to come! Read here: https://lnkd.in/gSaXMm6t #mining #juniormining #smallcaps #copper #gold #capitalmarkets #investing
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Our CEO Stephen Stares sat down with Crux Investor to provide a comprehensive update and discuss the potential of building a major copper VMS camp at the Company's flagship Great Burnt #Copper #Gold Project in #Newfoundland. "The end goal is to find a huge resource. We're hoping to find a 30-40 million tonner either down-plunge or in a parallel zone," said Stares. "The Rambler Metals mine next door, it started in 1971 with a small 2 million ton lens, something similar to Great Burnt Lake." Read an article and watch an interview here: https://lnkd.in/e_TDnXs3 #mining #juniormining #basemetals #criticalminerals
Benton Resources (TSXV:BEX) - Drilling 'Impossibly' High-Grade Holes in a New Major Copper District - Article | Crux Investor
cruxinvestor.com