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Benton Resources Inc.
Summary
| Project: | Panama Lake | |
|---|---|---|
| Deposit: | Panama Zone | |
| Location: | Canada | |
| Commodities: | Gold | |
| Date: | 3/4/2019 | |
| Report Code: | NI43-101 | |
| Report Type: | Exploration/Drilling Update | |
| Project Stage: | Pursuing Resources Definition | |
| Report details: | 4-3-2019: Benton Resources Inc. announces an Exploration/Drilling Update report for its Panama Zone deposit at the Panama Lake project. Drilling results incl. 7.6m @ 1.58g/t Au from 79.6m. Thunder Bay, Ontario--(Newsfile Corp. - March 4, 2019) - Benton Re | |
| Resources: | x | |
| CP/QP: | [Overall Report]: Nathan Sims (Internal) | |
| ABSTRACT: | Thunder Bay, Ontario--(Newsfile Corp. - March 4, 2019) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that Benton has received assays for the first 5 of 7 drill holes completed on the Panama Zone in the Red Lake Mining district. Each hole exhibits anomalous gold values over significant thickness and is consistent with the results of historical work. Benton's drilling has identified an extensive, 5+ metre quartz flooded shear zone containing variable amounts of pyrite and silicification associated with gold mineralization. Highlights for the first five holes at the Panama zone are as follows Drill-hole 8 in the program is underway and will test the Slate Zone where Benton had grab samples grading from trace to 6.17gpt gold. This sampling was located approximately 120m north of the area where a glacial till sampling survey by the Geological Survey of Canada, 1999 (Open File 3038) identified 107 gold grains in till sampling, the highest count in the survey. Benton believes that the grab samples may represent the source of the till anomaly and hole 8 will test this zone at depth. Results from the remaining holes will be released as they become available. Nathan Sims (P.Geo.), Senior Exploration manager for Benton Resources Inc., is the qualified person responsible for this release and has prepared or supervised the preparation of or reviewed and approved the scientific and technical disclosure in this news release. | |
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