Published:
Benton Starts Drilling Sally Lake and Area 41
Benton Starts Drilling Sally Lake and Area 41
Benton Resources Corp. (TSX-V: BTC)
(PINKSHEETS: BNRJF) ("Benton" or the "Company") is pleased to announce that
drilling has commenced on the Sally Lake and Area 41 Copper-PGM (platinum
group metal) mineralized zones located on the western extent of the
Company's Bermuda Property near Marathon, Ontario.
Diamond drilling at Sally Lake during the 1960s outlined a resource of 60
million tons grading 0.2% copper (Cu), 27% iron (Fe), 5% titanium (Ti), and
5% phosphorus (P) (Schneider's et al, 2004; OGS OFR 6148). The reader
should be cautioned that the resources and reserve estimates are historical
in nature, have not been verified by the issuer's qualified person and
should not be relied upon. The historic resource and surrounding area was
not assayed for platinum (Pt), palladium (Pd), or gold (Au) during the
1960s. Selected surface grab samples collected by Benton personnel in this
area returned up to 0.06% Cu with 0.87gpt Pt + 3.05gpt Pd + 0.12gpt Au and
1.21% Cu with 1.73gpt Pt + 2.09gpt Pd + 0.18gpt Au.
In Area 41, previous drilling completed by Benton returned significant
intersections of TPM (Total Precious Metal = Pt + Pd + Au) and Cu including
hole SL-06-01 which returned 0.28% Cu with 1.27 gpt TPM (0.42gpt Pt +
0.74gpt Pd + 0.11gpt Au) and 0.28% Cu over 57.7m (metres) including a 24.6m
intersection grading 0.35% Cu with 2.02gpt TPM (0.67gpt Pt + 1.17gpt Pd +
0.18gpt Au). All intervals reflect drill thickness (drill thickness).
Benton has 6 drill holes planned at the Sally Lake Deposit to evaluate the
potential of the iron titanium along with the copper, vanadium and TPMs. An
additional 5 holes will be drilled at Area 41 to better define the
mineralized zone of copper and TPMs that were intersected in the 2006 drill
program.
Results of the drilling will be released as they are received and compiled.
About Benton Resources Corp:
Benton Resources Corp. (the "Company") is a mineral exploration company
listed on the TSX Venture Exchange under the symbol BTC. Benton's
aggressive and experienced management team is focused on base and precious
group metal exploration. The Company's diverse property portfolio includes
Canadian projects which are highly prospective for gold, uranium, platinum,
palladium, nickel and copper. Benton Management believes due to the current
market conditions the Company is extremely undervalued. The Company
currently has approximately $20 million in working capital and an extremely
prospective property portfolio.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the
qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Corp.
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities Litigation Reform act of 1995.
Investors are cautioned that such forward-looking statements involve risks
and uncertainties.
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Copyright © 2008, MarketWire
Copyright © 2008, NewsBlaze,
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Tags: ,ManufacturingandProduction:MiningandMetals;,INTHPINK,INTHPINK,ON,THUNDER BAY, ON
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