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Benchmark Metals Inc.

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Summary

Project:

Lawyers

Deposit:Cliff Creek
Location:Canada
Commodities:Gold-Silver
Date:1/8/2020
Report Code:NI43-101
Report Type:Exploration/Drilling Update
Project Stage:Pursuing Resource Increase/Upgrade
Report details:8-1-2020: Benchmark Metals Inc. announces an Exploration/Drilling Update report for its Cliff Creek deposit at the Lawyers project. Drilling results incl. 36.30m @ 2.09g/t Au, 87.83g/t Ag from 122.40m. Edmonton, Calgary--(Newsfile Corp. - January 8, 2020)
Resources:(not mentioned in this report)
CP/QP:[Overall Report]: Michael Dufresne (Not stated)
ABSTRACT:Edmonton, Calgary--(Newsfile Corp. - January 8, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to report the discovery of a significant, new and broadly mineralized zone, located just 50 metres east of the known mineralization at Cliff Creek. Results from Benchmark's drill hole 19CCDD025 include high-grade and bulk-tonnage intercepts comprising 2.09 g/t gold and 87.83 g/t silver or 3.19 g/t AuEq across 36.30 metres core length, including 11.83 g/t gold and 513.21 g/t silver or 18.24 g/t AuEq across 3.23 metres core length. John Williamson, CEO of Benchmark, commented, "The discovery of this broad, new zone of both high-grade and bulk-tonnage mineralization is highly encouraging as it could represent a parallel footwall structure to the main Cliff Creek zone, or the northern extension of the Dukes Ridge structure where it coalesces with Cliff Creek (Figure 1). Either scenario represents a major opportunity for Benchmark to pursue with further exploration in 2020. Benchmark's continued drilling success underscores the potential for further discovery and delineation of additional mineralized zones within the vast regions of alteration that exist across the 22,000 hectares of its relatively underexplored Lawyers Property".

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