Latest Benton Res Corp (BNRJF) Headlines
Benton Identifies Large Soil Anomaly Along Strike from 51 Deposit at Cape Ray, Newfoundland
Marketwire - Fri Oct 11, 10:09AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has received the first batch of soil geochemical and prospecting results from ongoing exploration on the Cape Ray Project. To date the exploration surveys have been quite effective in delineating anomalous zones of mineralization and have identified a distinct 600m long by 150m wide gold-lead-zinc-silver geochemical anomaly (trace to 801ppb Au, 2 to 561gpt Pb, 3 to 326gpt Zn, trace to 4.1gpt Ag) associated with a distinct magnetic low signature similar to that associated with the 51 deposit situated 600m along strike to the north east. Very little historical drilling has ever been completed in this new geochemically anomalous area which remains open along strike to the south west. A map exhibiting the anomalous soil geochemical area and coincident magnetic low can be viewed on the Company's website. Efforts are currently underway to expand the grid and soil survey to determine the limits of the anomalous mineralized area. Additionally, prospecting has returned gold assays near, and along strike from, the PW zone which ranged from trace to 69.8gpt, 9.4gpt, 5.0gpt and 8.9gpt in select grab samples in the area where an Induced Polarization geophysical survey is currently underway.
Benton Stakes Additional Ground and Updates Exploration Activities at Cape Ray, Newfoundland
Marketwire - Wed Oct 09, 8:50AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has staked an additional 108 claim units contiguous to the Cape Ray project bringing the total land holding to 657 claim units (16,425 hectares). These new claim units encompass several areas of highly prospective ground proximal to the Cape Ray deposits and where historical drilling intersected highly anomalous values of Copper, Lead, Zinc, Silver and Gold. Other historical work in the area included a glacial till sampling program from which heavy mineral concentrates were processed that yielded assays up to 3.06gpt Gold for which the source has yet to be explained.
Benton Enters Option to Purchase Four Additional Gold Deposits at Cape Ray, Newfoundland
Marketwire - Tue Oct 08, 8:39AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has entered into an option agreement with Tenacity Gold Mining Company Ltd. to purchase a 100% interest in four mining claims which encompasses the 04, 41, Isle Aux Mort and the Big Pond gold deposits located in southwest Newfoundland. Benton will, subject to regulatory approval, pay $400,000 and issue 1.5 million common shares on regulatory approval and issue a further 1.5 million common shares in 12 months (for a total of 3 million common shares). The claims being acquired are subject to a sliding scale net smelter returns royalty (NSR) on the production of metals: a 3% NSR on production when gold is below $2000 per ounce; a 4% NSR when gold is from $2,000 per ounce or more but less than $3000 per ounce subject to the right of Benton to buy back 1% for $500,000; and a 5% NSR when gold is $3000 or above subject to the right of Benton to buy back 1% for $500,000.
Benton Commences Metallurgical Testing on the 51 Zone, Cape Ray Project in Newfoundland
Marketwire - Thu Aug 29, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to provide an exploration update regarding its 100% owned Cape Ray Gold project located on the south west coast of Newfoundland. Benton currently has exploration ongoing on the project in efforts to extend the known deposits in addition to identifying new targets.
Alabama Graphite announces Closing of acquisition of Hearst Graphite Project
ACCESSWIRE - Fri Aug 23, 7:00AM CDT
August 23, 2013 - Vancouver, BC: Further to its news release dated August 16, 2013, Alabama Graphite Corp. (CNSX:ALP) (Frankfurt:1AG.F WKN A1J35M) ("Alabama Graphite") is pleased to announce that it has closed the Asset Purchase and Sale and Royalty Agreement (the "Agreement") entered into with Benton Resources Inc. (TSXV:BEX) ("Benton Resources") wherein Alabama Graphite acquired a 100% interest in the Hearst Graphite Project (the "Hearst Project") staked by Benton Resources near Zenyatta Ventures Ltd.'s ("Zenyatta") Albany hydrothermal graphite discovery in Northern Ontario. The 16 claim units comprising the Hearst Project are located just east of Zenyatta's deposit in Albany and measure 1.6KM by 1.6KM in area.
Benton Sells Ground Near Zenyatta's Hydrothermal Graphite Discovery to Alabama Graphite Corp.
Marketwire - Mon Aug 19, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an agreement (the "Agreement") with Alabama Graphite Corp. (CNSX: ALP) ("Alabama Graphite") pursuant to which Alabama Graphite has purchased a 100% interest in the 16 claim units recently staked by the Company located approximately 25 km east of Zenyatta Ventures Ltd.'s new hydrothermal graphite discovery.
Benton Resources Inc signs option agreement for Mealy project with Platinum Group Metals Ltd
M2 - Mon Aug 19, 4:33AM CDT
Mineral exploration company Benton Resources Inc (TSX VENTURE:BEX) said on Friday that it has entered into an option agreement for its Mealy copper-nickel-platinum-palladium project in Labrador with Platinum Group Metals Ltd (TSX
TM.TO) (PTM).
Benton Stakes Ground Near Zenyatta's Hydrothermal Graphite Discovery
Marketwire - Thu Aug 15, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has staked 16 claim units approximately 25 km east of Zenyatta Ventures Ltd.'s new hydrothermal graphite discovery. Zenyatta describes the mineralization as the "largest and only high-purity hydrothermal graphite deposit being developed in the world." Benton staked the ground based on a search and evaluation of historical data in the region which showed that conductive horizons exist on the property. Benton is currently planning the first phase of exploration for the property.
Benton Increases Land Position at Mealy Copper- Nickel- Platinum- Palladium Project
Marketwire - Wed Aug 07, 11:44AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") would like to announce that the company has acquired through staking an additional 271 claim units bringing its total land position to 1017 claim units representing approximately 261 square-kilometres within the Mealy Lake intrusion (the "Mealy Project"). The Mealy Project is contiguous and directly along strike of Altius Minerals Corp.'s ("Altius") 256 square-kilometre Natashquan property located approximately 140 kilometres southwest of Churchill Falls in Labrador. Altius has recently announced a new Ni-Cu-Co-PGE discovery and that they have entered into a joint venture agreement with Anglo American ("Anglo") whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. Exploration highlights from Altius' Nastashquan discovery include "2.68g/t combined Pt, Pd and Au (grab) - 6.14% Cu and 388ppb Pt - 1.04g/t combined Pt, Pd, Au and 1.06% Cu over 1.30m (channel) - 1.04 combined Pt, Pd, Au and 3.92% Cu over 1.00m (channel) - 2.49g/t combined Pt, Pd and Au and 1.07% Ni (grab) - several grab samples greater than 7% Cu - soil samples up to 26,000ppm Cu" (http://altiusminerals.com/projects/natashquan).
Metals Creek acquires 37.5 sq. km. claim block within the Mealy Lake intrusion for Copper-Nickel-Platinum-Palladium potential
ACCESSWIRE - Wed Aug 07, 6:30AM CDT
Toronto, Ontario. 07 August 2013. Metals Creek Resources Corp. (TSX V "MEK") has acquired through staking, 150 claim units (37.5 sq. km.) within the Mealy Lake intrusion located approximately 140 kilometers southwest of Churchill Falls, Labrador. The new project is in the same area as Altius Minerals Corp.'s 256-square-kilometre Natashquan property and Benton Resources Inc.'s Mealy property. Altius recently announced a new nickel-copper-cobalt-platinum-group-element discovery and has entered into a joint venture agreement with Anglo American whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. (see Altius Minerals Corporation press release dated July 25, 2013). Exploration highlights from Altius's Nastashquan discovery include 2.68 grams per tonne combined platinum (Pt), palladium (Pd) and gold (Au) (grab); 1.04 g/t combined Pt, Pd, Au and 1.06 per cent Copper (Cu) over 1.30 metres (channel); 1.04 combined Pt, Pd, Au and 3.92 per cent Cu over 1.00 m (channel); and soil samples up to 26,000 parts per million Cu. (See Altius website.)
Benton Completes Purchase of Cape Ray Gold Project
Marketwire - Wed Jul 24, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has completed its previously announced transaction with Cornerstone Capital Resources Inc. ("Cornerstone") pursuant to which Benton has purchased a 100% interest in the Cape Ray Gold project located on the south-west coast of Newfoundland (see Benton PR dated July 4, 2013). Benton purchased the project by making a one-time cash payment of $200,000 and by issuing 350,000 common shares of Benton which are restricted for trading until November 18, 2013. Cornerstone will also retain a 0.25% NSR which will result in there being a total of 2% NSR on the project of which Benton has the right to purchase back 1% for $1 million.
Cornerstone Completes Sale of Cape Ray Gold Project
Marketwire - Wed Jul 24, 8:02AM CDT
Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE: CGP)(FRANKFURT: GWN)(BERLIN: GWN)(OTCBB: CTNXF) has completed its previously announced transaction with Benton Resources Inc. (TSX VENTURE: BEX) ("Benton") pursuant to which Benton has purchased a 100% interest in the Cape Ray Gold project located on the south-west coast of Newfoundland (see Cornerstone news release dated July 4, 2013). Benton purchased the project by making a one-time cash payment of $200,000 and by issuing 350,000 common shares of Benton which are restricted for trading until November 18, 2013. Cornerstone will also retain a 0.25% interest in net smelter returns from the project.
Benton Identifies Large Soil Anomaly Along Strike from 51 Deposit at Cape Ray, Newfoundland
Marketwire - Fri Oct 11, 10:09AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has received the first batch of soil geochemical and prospecting results from ongoing exploration on the Cape Ray Project. To date the exploration surveys have been quite effective in delineating anomalous zones of mineralization and have identified a distinct 600m long by 150m wide gold-lead-zinc-silver geochemical anomaly (trace to 801ppb Au, 2 to 561gpt Pb, 3 to 326gpt Zn, trace to 4.1gpt Ag) associated with a distinct magnetic low signature similar to that associated with the 51 deposit situated 600m along strike to the north east. Very little historical drilling has ever been completed in this new geochemically anomalous area which remains open along strike to the south west. A map exhibiting the anomalous soil geochemical area and coincident magnetic low can be viewed on the Company's website. Efforts are currently underway to expand the grid and soil survey to determine the limits of the anomalous mineralized area. Additionally, prospecting has returned gold assays near, and along strike from, the PW zone which ranged from trace to 69.8gpt, 9.4gpt, 5.0gpt and 8.9gpt in select grab samples in the area where an Induced Polarization geophysical survey is currently underway.
Benton Stakes Additional Ground and Updates Exploration Activities at Cape Ray, Newfoundland
Marketwire - Wed Oct 09, 8:50AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has staked an additional 108 claim units contiguous to the Cape Ray project bringing the total land holding to 657 claim units (16,425 hectares). These new claim units encompass several areas of highly prospective ground proximal to the Cape Ray deposits and where historical drilling intersected highly anomalous values of Copper, Lead, Zinc, Silver and Gold. Other historical work in the area included a glacial till sampling program from which heavy mineral concentrates were processed that yielded assays up to 3.06gpt Gold for which the source has yet to be explained.
Benton Enters Option to Purchase Four Additional Gold Deposits at Cape Ray, Newfoundland
Marketwire - Tue Oct 08, 8:39AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that the Company has entered into an option agreement with Tenacity Gold Mining Company Ltd. to purchase a 100% interest in four mining claims which encompasses the 04, 41, Isle Aux Mort and the Big Pond gold deposits located in southwest Newfoundland. Benton will, subject to regulatory approval, pay $400,000 and issue 1.5 million common shares on regulatory approval and issue a further 1.5 million common shares in 12 months (for a total of 3 million common shares). The claims being acquired are subject to a sliding scale net smelter returns royalty (NSR) on the production of metals: a 3% NSR on production when gold is below $2000 per ounce; a 4% NSR when gold is from $2,000 per ounce or more but less than $3000 per ounce subject to the right of Benton to buy back 1% for $500,000; and a 5% NSR when gold is $3000 or above subject to the right of Benton to buy back 1% for $500,000.
Benton Commences Metallurgical Testing on the 51 Zone, Cape Ray Project in Newfoundland
Marketwire - Thu Aug 29, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to provide an exploration update regarding its 100% owned Cape Ray Gold project located on the south west coast of Newfoundland. Benton currently has exploration ongoing on the project in efforts to extend the known deposits in addition to identifying new targets.
Alabama Graphite announces Closing of acquisition of Hearst Graphite Project
ACCESSWIRE - Fri Aug 23, 7:00AM CDT
August 23, 2013 - Vancouver, BC: Further to its news release dated August 16, 2013, Alabama Graphite Corp. (CNSX:ALP) (Frankfurt:1AG.F WKN A1J35M) ("Alabama Graphite") is pleased to announce that it has closed the Asset Purchase and Sale and Royalty Agreement (the "Agreement") entered into with Benton Resources Inc. (TSXV:BEX) ("Benton Resources") wherein Alabama Graphite acquired a 100% interest in the Hearst Graphite Project (the "Hearst Project") staked by Benton Resources near Zenyatta Ventures Ltd.'s ("Zenyatta") Albany hydrothermal graphite discovery in Northern Ontario. The 16 claim units comprising the Hearst Project are located just east of Zenyatta's deposit in Albany and measure 1.6KM by 1.6KM in area.
Benton Sells Ground Near Zenyatta's Hydrothermal Graphite Discovery to Alabama Graphite Corp.
Marketwire - Mon Aug 19, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an agreement (the "Agreement") with Alabama Graphite Corp. (CNSX: ALP) ("Alabama Graphite") pursuant to which Alabama Graphite has purchased a 100% interest in the 16 claim units recently staked by the Company located approximately 25 km east of Zenyatta Ventures Ltd.'s new hydrothermal graphite discovery.
Benton Resources Inc signs option agreement for Mealy project with Platinum Group Metals Ltd
M2 - Mon Aug 19, 4:33AM CDT
Mineral exploration company Benton Resources Inc (TSX VENTURE:BEX) said on Friday that it has entered into an option agreement for its Mealy copper-nickel-platinum-palladium project in Labrador with Platinum Group Metals Ltd (TSX
TM.TO) (PTM). Benton Stakes Ground Near Zenyatta's Hydrothermal Graphite Discovery
Marketwire - Thu Aug 15, 7:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has staked 16 claim units approximately 25 km east of Zenyatta Ventures Ltd.'s new hydrothermal graphite discovery. Zenyatta describes the mineralization as the "largest and only high-purity hydrothermal graphite deposit being developed in the world." Benton staked the ground based on a search and evaluation of historical data in the region which showed that conductive horizons exist on the property. Benton is currently planning the first phase of exploration for the property.
Benton Increases Land Position at Mealy Copper- Nickel- Platinum- Palladium Project
Marketwire - Wed Aug 07, 11:44AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") would like to announce that the company has acquired through staking an additional 271 claim units bringing its total land position to 1017 claim units representing approximately 261 square-kilometres within the Mealy Lake intrusion (the "Mealy Project"). The Mealy Project is contiguous and directly along strike of Altius Minerals Corp.'s ("Altius") 256 square-kilometre Natashquan property located approximately 140 kilometres southwest of Churchill Falls in Labrador. Altius has recently announced a new Ni-Cu-Co-PGE discovery and that they have entered into a joint venture agreement with Anglo American ("Anglo") whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. Exploration highlights from Altius' Nastashquan discovery include "2.68g/t combined Pt, Pd and Au (grab) - 6.14% Cu and 388ppb Pt - 1.04g/t combined Pt, Pd, Au and 1.06% Cu over 1.30m (channel) - 1.04 combined Pt, Pd, Au and 3.92% Cu over 1.00m (channel) - 2.49g/t combined Pt, Pd and Au and 1.07% Ni (grab) - several grab samples greater than 7% Cu - soil samples up to 26,000ppm Cu" (http://altiusminerals.com/projects/natashquan).
Metals Creek acquires 37.5 sq. km. claim block within the Mealy Lake intrusion for Copper-Nickel-Platinum-Palladium potential
ACCESSWIRE - Wed Aug 07, 6:30AM CDT
Toronto, Ontario. 07 August 2013. Metals Creek Resources Corp. (TSX V "MEK") has acquired through staking, 150 claim units (37.5 sq. km.) within the Mealy Lake intrusion located approximately 140 kilometers southwest of Churchill Falls, Labrador. The new project is in the same area as Altius Minerals Corp.'s 256-square-kilometre Natashquan property and Benton Resources Inc.'s Mealy property. Altius recently announced a new nickel-copper-cobalt-platinum-group-element discovery and has entered into a joint venture agreement with Anglo American whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. (see Altius Minerals Corporation press release dated July 25, 2013). Exploration highlights from Altius's Nastashquan discovery include 2.68 grams per tonne combined platinum (Pt), palladium (Pd) and gold (Au) (grab); 1.04 g/t combined Pt, Pd, Au and 1.06 per cent Copper (Cu) over 1.30 metres (channel); 1.04 combined Pt, Pd, Au and 3.92 per cent Cu over 1.00 m (channel); and soil samples up to 26,000 parts per million Cu. (See Altius website.)
Benton Completes Purchase of Cape Ray Gold Project
Marketwire - Wed Jul 24, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has completed its previously announced transaction with Cornerstone Capital Resources Inc. ("Cornerstone") pursuant to which Benton has purchased a 100% interest in the Cape Ray Gold project located on the south-west coast of Newfoundland (see Benton PR dated July 4, 2013). Benton purchased the project by making a one-time cash payment of $200,000 and by issuing 350,000 common shares of Benton which are restricted for trading until November 18, 2013. Cornerstone will also retain a 0.25% NSR which will result in there being a total of 2% NSR on the project of which Benton has the right to purchase back 1% for $1 million.
Cornerstone Completes Sale of Cape Ray Gold Project
Marketwire - Wed Jul 24, 8:02AM CDT
Cornerstone Capital Resources Inc. ("Cornerstone" or "the Company") (TSX VENTURE: CGP)(FRANKFURT: GWN)(BERLIN: GWN)(OTCBB: CTNXF) has completed its previously announced transaction with Benton Resources Inc. (TSX VENTURE: BEX) ("Benton") pursuant to which Benton has purchased a 100% interest in the Cape Ray Gold project located on the south-west coast of Newfoundland (see Cornerstone news release dated July 4, 2013). Benton purchased the project by making a one-time cash payment of $200,000 and by issuing 350,000 common shares of Benton which are restricted for trading until November 18, 2013. Cornerstone will also retain a 0.25% interest in net smelter returns from the project.
