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Benchmark Metals Inc.
Summary
| Project: | Lawyers | |
|---|---|---|
| Deposit: | Cliff Creek | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 1/31/2020 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 31-1-2020: Benchmark Metals Inc. announces an Exploration/Drilling Update report for its Cliff Creek deposit at the Lawyers project. Drilling results incl. 102.00m @ 1.16g/t Au, 22.24g/t Ag from 228.00m. Edmonton, Alberta--(Newsfile Corp. - January 31, 20 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Dufresne (Not stated) | |
| ABSTRACT: | Edmonton, Alberta--(Newsfile Corp. - January 31, 2020) - Benchmark Metals Inc. (the "Company" or "Benchmark") (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) - is pleased to report drilling success at the Cliff Creek South Zone which extends the Cliff Creek Resource Area to more than 1 kilometre along strike. Intersections include along-strike and down-dip extension of both broad bulk-tonnage and high-grade mineralization. Drill hole 19CCDD010 intersected 1.16 g/t gold and 22.24 g/t silver or 1.44 g/t AuEq across 102.00 metres core length, including 6.28 g/t gold and 60.42 g/t silver or 7.04 g/t AuEq across 8.02 metres core length. 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 Cliff Creek South zone is providing the grade, consistency, and continuity of gold and silver mineralization that we have also recognized at the main Cliff Creek zone. This new zone will be a focus of 2020 expansion and definition drilling." The Cliff Creek South (CCS) Zone lies approximately 1 kilometre south of the Cliff Creek resource area, within the same structural corridor that is coincident with a major NW trending magnetic anomaly (Figure 1). Benchmark's first drill program at CCS intersected intense alteration, multi-phase veining, and several re-activated fault zones, over intervals up to 140 metres in core length. Seven out of the eight drill holes in the CCS area intersected significant mineralization (Table 1), which remains open along strike and at depth. The alteration, veining and structure at CCS is similar to the Cliff Creek resource area, where we see multiple mineralized zones occurring subparallel to the major mineralized NW trending fault. These similarities suggest that CCS has potential for additional parallel lodes, which will be a focus for 2020 exploration. | |
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