For thousands of other reports visit RSC's Mineral Intellingence Map
Benchmark Metals Inc.
Summary
| Project: | Lawyers | |
|---|---|---|
| Deposit: | AGB Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 2/11/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 11-2-2020: Benchmark Metals Inc. announces an Exploration/Drilling Update report for its AGB Zone deposit at the Lawyers project. Drilling results incl. 14.95m @ 6.01g/t Au, 282.62g/t Ag from 230.05m. Edmonton, Alberta--(Newsfile Corp. - February 11, 2020 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Dufresne (Not stated) | |
| ABSTRACT: | Edmonton, Alberta--(Newsfile Corp. - February 11, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to report continued drilling success at the Amethyst Gold breccia (AGB) Zone. Intersections include the discovery of new parallel zones in addition to along strike and down-dip extensions of both broad bulk-tonnage and high-grade mineralization. Drill hole 19AGBDD004 intersected 1.38 g/t gold and 50.76 g/t silver or 2.02 g/t AuEq across 50.00 metres core length and 11.30 g/t gold and 2,360 g/t silver or 40.8 g/t AuEq across 1 metre core length from a deeper zone (Table 1). This result in conjunction with nine holes drilled at AGB in 2019 expanded the zone to a drill indicated strike length of over 550 metres and 170 metres vertical depth. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral endowed 'Golden Horseshoe'. John Williamson, CEO commented, "The 2019 drilling at AGB has discovered new mineralized zones, characterized by different styles of mineralization, which include both high grade and bulk-tonnage intervals. As a discrete zone, AGB is showing some of the highest-grade potential across the Lawyers Trend including 2019 results that provided 5.01 AuEq across 25 metres core length and 47.21 AuEq across 2.95 metres core length. Historically the mineralization targeted by drilling at AGB is characterized by multi-phase veining, silicification and brecciation and is known as the "amythest gold breccia". This style of mineralization is characteristically ~15-25m wide and hosted in a quartz eye tuff unit, occurring in the footwall of a major fault zone. Benchmark's 2019 drilling at AGB discovered a second zone characterized by more discrete veinlets bearing Au-Ag and sulfide minerals, that is hosted higher in the stratigraphy, in the porphyritic andesite and interbedded volcanic sediments. This new zone was intersected in seven of the 2019 drill holes at AGB, including 350m along strike to the south in drill hole 19AGBDD009. | |
Full Report
opaxe is a smart software platform that reconfigures and redistributes information and produces business insights to help mining professionals and investors make better decisions. We utilise technology and machine learning for data collection and human intelligence for the value-added services.
Full Report