For thousands of other reports visit RSC's Mineral Intellingence Map
Benchmark Metals Inc.
Summary
| Project: | Lawyers | |
|---|---|---|
| Deposit: | Phoenix Zone | |
| Location: | Canada | |
| Commodities: | Gold-Silver | |
| Date: | 10/7/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resource Increase/Upgrade | |
| Report details: | 7-10-2019: Benchmark Metals Inc. announces an Exploration/Drilling Update report for its Phoenix Zone deposit at the Lawyers project. Drilling results incl. 2.87m @ 46.9g/t Au, 3055.5g/t Ag from 130.13m. Edmonton, Calgary--(Newsfile Corp. - October 7, 201 | |
| Resources: | (not mentioned in this report) | |
| CP/QP: | [Overall Report]: Michael Dufresne (Not stated) | |
| ABSTRACT: | 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, down to approximately 150 metres depth. The Phoenix Zone is 1 of 4 mineralized areas located within 3km radius of each other in the central portion of the (+)20km Lawyers Trend. 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 Phoenix massive sulphide vein that we discovered in 2018 represents another style of mineralization to be explored along the Lawyers Trend. The new drill hole has extended the high-grade Phoenix Zone to nearly 150 metres in depth from surface, while anomalous geochemistry and geophysics indicate that this Zone could be extended to over 1 kilometer in total length with additional drilling, which we will pursue in the weeks to come." Although it is part of the Lawyers trend, the Phoenix mineralization appears unique to the styles typically noted at Dukes Ridge and Cliff Creek. The Phoenix mineralization is hosted within a discrete quartz vein measuring approximately 1- 4 metres in truewidth. The vein contains semi-massive sulphides, including acanthite, sulfosalts, chalcopyrite, pyrite and native silver. Some smaller stockwork-style veinlets do exist within the Phoenix Zone, especially to the northwest with closer proximity to the Dukes trend, suggesting that there may be at least two overprinting and intersecting mineralization events. | |
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