Latest Benton Resources (BNTRF) Headlines Ben
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Posted On: 03/09/2014 3:51:42 AM
Latest Benton Resources (BNTRF) Headlines
Benton Announces Results from Further Metallurgical Testwork and Initiates Drill Campaign for the Cape Ray Project
Marketwire - Mon Feb 10, 12:10PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has awarded Cabo Drilling of Springdale, NL the contract for the upcoming diamond drill program which is scheduled to start within a week on the Cape Ray Gold project. The 2,000 metre drill program is designed to test various targets which includes the immediate extension of the 51 deposit to the west, the east and west strike extent of the PW zone, and test various new coincident geophysical (induced polarization) and gold geochemical (soil and rock) west of the 51 Deposit.
Benton Resources Inc.: Annual General & Special Meeting
Marketwire - Tue Jan 21, 3:05PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") announces that it will hold its Annual General and Special Meeting on Wednesday March 19, 2014 at 10:00 a.m at its head office in Rosslyn, Ontario.
CORRECTION FROM SOURCE: Benton Stakes Antimony Project in Close Proximity to Beaver Brook Deposit in Newfoundland
Marketwire - Mon Dec 09, 12:19PM CST
A Correction from Source is issued with respect to the release issued earlier today at 10:26 AM ET. In the first paragraph, "Great Atlantic Resources Corp" has been changed to "Hunan Nonferrous Corp.", and the corrected release follows.
Benton Stakes Antimony Project in Close Proximity to Beaver Brook Deposit in Newfoundland
Marketwire - Mon Dec 09, 9:27AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has acquired by staking a 100% interest in 28 claim units located 2.5km NE of the Beaver Brook Antimony mine and 64 claim units 9km to the SW of the Mine. These new claims cover the favorable stratigraphy that hosts the Beaver Brook antimony deposit in central Newfoundland. Great Atlantic Resources Corp shut down Beaver Brook, the only antimony mine in North America, in December of 2012 citing lack of ore. Recent literature in the public domain suggests that current global reserves of antimony will be depleted during the next decade. Applications for antimony include fire retardants, acid car batteries, anti-friction bearings and other metallic alloys, glass and pharmaceuticals. The flame retardant and lead-acid battery sectors accounted for 80% of all use of the metal in 2010. Currently, China dominates the world market in antimony similar to the rare earth metals sector. Benton is planning to complete a modest soil geochemical survey and prospecting program which will be completed by Benton team member Calvin Keats, one of the prospectors responsible for the discovery of the Beaver Brook antimony deposit.
Benton Applies for Share Buyback
Marketwire - Wed Dec 04, 2:41PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or the "Company") announces that the Company has applied for regulatory approval for a Normal Course Issuer Bid (the "Bid") to purchase, through the facilities of the TSX Venture Exchange, up to 5,000,000 shares of its issued and outstanding common shares. The actual number of shares that may be purchased and the timing of such purchases will be determined by Benton and purchases pursuant to the Bid will be conducted through BMO Nesbitt Burns. The Company currently has approximately $7.8 million in combined cash and investments but a market capitalization of only $4.6 million (based on the December 3, 2013 closing market price). In addition to the large discount to its cash and investments, the Company has an excellent portfolio of prospective early stage to advanced exploration projects.
Benton Options Recently Acquired Mealy Project to Platinum Group Metals Ltd.
Marketwire - Fri Aug 16, 7:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an option agreement (the "Agreement") with Platinum Group Metals Ltd. (TSX: PTM) ("PTM") on the Company's recently acquired Mealy copper-nickel-platinum-palladium project (the "Project") in Labrador. The Agreement allows PTM to earn a 71% interest in the Project by paying the Company $51,000 on the effective date of the Agreement (the "Effective Date") and by incurring an aggregate of $2.4 million in exploration expenditures on the Project as follows:
Benton Stakes Large Land Position for Copper- Nickel- Platinum- Palladium
Marketwire - Wed Jul 31, 12:50PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") has acquired through staking 746 claim units representing approximately 194 square-kilometers within the Mealy Lake intrusion (the "Mealy Project"). The new 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).
Benton Reports Drill Results from Recently Completed Program at the Elizabeth Anne Project
Marketwire - Fri Jun 28, 9:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce the results from its recently completed diamond drilling program at the Elizabeth Anne gold-silver project located approximately 35km west of the Mountain Pass rare-earth mine in San Bernardino County, California. The company completed 2876 meters of diamond drilling in 10 holes to test several areas of gold and silver mineralization discovered by previous drill campaigns or recent surface sampling which included the Rascal Zone, C-Zone, Mega-Breccia and North Mega-Breccia Zones. All holes encountered gold mineralization and permitting for further drilling will start within the next few weeks.
Gold Royalties Corporation Closes Acquisition of Bermuda Project Royalty
Marketwire - Fri Mar 01, 7:25AM CST
Gold Royalties Corporation (TSX VENTURE: GRO) ("Gold Royalties") is pleased to announce that it has closed the acquisition of the 1% net smelter return royalty on the Bermuda PGM Project (the "Transaction"), as previously announced on January 30, 2013, with Benton Resources Inc. ("Benton Resources").
Benton completes detailed airborne survey and continues to outline gold-silver mineralization at Elizabeth Anne
CNW Group - Fri Feb 22, 8:00AM CST
Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce an update for the ongoing exploration program at their Elizabeth Anne project. A combined aeromagnetic and radiometric survey has been completed over the project area by Precision GeoSurveys Inc. of Vancouver, Canada that included 650 line-kilometres at 50 metre spacing. Ongoing surface sampling has identified at least six areas of gold and silver mineralization. Most encouraging is new high grade gold and silver mineralization along the southern margin of the Rascal Zone where selective grab samples returned up to 48.1 gram per tonne (gpt) gold (Au) with 4110 gpt silver (Ag). This new mineralization is situated approximated 250m south of the previously announced high grade Ag in selective samples that assayed as high as 1955gpt Ag (see Benton NR dated January 10, 2012). Ongoing surface chip sampling is also being conducted at the numerous mineralized zones including further follow-up to previously reported ch
Benton Sells Stake in Stillwater Mining for $5.02 Million USD
CNW Group - Fri Feb 15, 12:09PM CST
Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has completed its disposition of 348,053 shares of Stillwater Mining Company (NYSE: SWC) ("Stillwater") for net cash proceeds of $5,022,050 USD. The Company now has approximately $10 million in cash along with $3.02 million in remaining equity positions (based on February 14, 2013 market closing prices) which in aggregate represents $0.174 on a per common share basis versus its $0.16 share price (based on February 14, 2013 market closing price). Benton intends to continue to advance its Elizabeth Anne gold-silver project in San Bernardino County, California with continued ground sampling and an airborne high resolution aeromagnetic and radiometric survey to commence immediately. In addition, the Company has submitted diamond drilling permit applications on several high priority targets with the objective of drilling by April once all geological and geophysical data has been received and fully analyzed.
Benton Announces Results from Further Metallurgical Testwork and Initiates Drill Campaign for the Cape Ray Project
Marketwire - Mon Feb 10, 12:10PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has awarded Cabo Drilling of Springdale, NL the contract for the upcoming diamond drill program which is scheduled to start within a week on the Cape Ray Gold project. The 2,000 metre drill program is designed to test various targets which includes the immediate extension of the 51 deposit to the west, the east and west strike extent of the PW zone, and test various new coincident geophysical (induced polarization) and gold geochemical (soil and rock) west of the 51 Deposit.
Benton Resources Inc.: Annual General & Special Meeting
Marketwire - Tue Jan 21, 3:05PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") announces that it will hold its Annual General and Special Meeting on Wednesday March 19, 2014 at 10:00 a.m at its head office in Rosslyn, Ontario.
CORRECTION FROM SOURCE: Benton Stakes Antimony Project in Close Proximity to Beaver Brook Deposit in Newfoundland
Marketwire - Mon Dec 09, 12:19PM CST
A Correction from Source is issued with respect to the release issued earlier today at 10:26 AM ET. In the first paragraph, "Great Atlantic Resources Corp" has been changed to "Hunan Nonferrous Corp.", and the corrected release follows.
Benton Stakes Antimony Project in Close Proximity to Beaver Brook Deposit in Newfoundland
Marketwire - Mon Dec 09, 9:27AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has acquired by staking a 100% interest in 28 claim units located 2.5km NE of the Beaver Brook Antimony mine and 64 claim units 9km to the SW of the Mine. These new claims cover the favorable stratigraphy that hosts the Beaver Brook antimony deposit in central Newfoundland. Great Atlantic Resources Corp shut down Beaver Brook, the only antimony mine in North America, in December of 2012 citing lack of ore. Recent literature in the public domain suggests that current global reserves of antimony will be depleted during the next decade. Applications for antimony include fire retardants, acid car batteries, anti-friction bearings and other metallic alloys, glass and pharmaceuticals. The flame retardant and lead-acid battery sectors accounted for 80% of all use of the metal in 2010. Currently, China dominates the world market in antimony similar to the rare earth metals sector. Benton is planning to complete a modest soil geochemical survey and prospecting program which will be completed by Benton team member Calvin Keats, one of the prospectors responsible for the discovery of the Beaver Brook antimony deposit.
Benton Applies for Share Buyback
Marketwire - Wed Dec 04, 2:41PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or the "Company") announces that the Company has applied for regulatory approval for a Normal Course Issuer Bid (the "Bid") to purchase, through the facilities of the TSX Venture Exchange, up to 5,000,000 shares of its issued and outstanding common shares. The actual number of shares that may be purchased and the timing of such purchases will be determined by Benton and purchases pursuant to the Bid will be conducted through BMO Nesbitt Burns. The Company currently has approximately $7.8 million in combined cash and investments but a market capitalization of only $4.6 million (based on the December 3, 2013 closing market price). In addition to the large discount to its cash and investments, the Company has an excellent portfolio of prospective early stage to advanced exploration projects.
Benton Options Recently Acquired Mealy Project to Platinum Group Metals Ltd.
Marketwire - Fri Aug 16, 7:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce that it has executed an option agreement (the "Agreement") with Platinum Group Metals Ltd. (TSX: PTM) ("PTM") on the Company's recently acquired Mealy copper-nickel-platinum-palladium project (the "Project") in Labrador. The Agreement allows PTM to earn a 71% interest in the Project by paying the Company $51,000 on the effective date of the Agreement (the "Effective Date") and by incurring an aggregate of $2.4 million in exploration expenditures on the Project as follows:
Benton Stakes Large Land Position for Copper- Nickel- Platinum- Palladium
Marketwire - Wed Jul 31, 12:50PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") has acquired through staking 746 claim units representing approximately 194 square-kilometers within the Mealy Lake intrusion (the "Mealy Project"). The new 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).
Benton Reports Drill Results from Recently Completed Program at the Elizabeth Anne Project
Marketwire - Fri Jun 28, 9:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company") is pleased to announce the results from its recently completed diamond drilling program at the Elizabeth Anne gold-silver project located approximately 35km west of the Mountain Pass rare-earth mine in San Bernardino County, California. The company completed 2876 meters of diamond drilling in 10 holes to test several areas of gold and silver mineralization discovered by previous drill campaigns or recent surface sampling which included the Rascal Zone, C-Zone, Mega-Breccia and North Mega-Breccia Zones. All holes encountered gold mineralization and permitting for further drilling will start within the next few weeks.
Gold Royalties Corporation Closes Acquisition of Bermuda Project Royalty
Marketwire - Fri Mar 01, 7:25AM CST
Gold Royalties Corporation (TSX VENTURE: GRO) ("Gold Royalties") is pleased to announce that it has closed the acquisition of the 1% net smelter return royalty on the Bermuda PGM Project (the "Transaction"), as previously announced on January 30, 2013, with Benton Resources Inc. ("Benton Resources").
Benton completes detailed airborne survey and continues to outline gold-silver mineralization at Elizabeth Anne
CNW Group - Fri Feb 22, 8:00AM CST
Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce an update for the ongoing exploration program at their Elizabeth Anne project. A combined aeromagnetic and radiometric survey has been completed over the project area by Precision GeoSurveys Inc. of Vancouver, Canada that included 650 line-kilometres at 50 metre spacing. Ongoing surface sampling has identified at least six areas of gold and silver mineralization. Most encouraging is new high grade gold and silver mineralization along the southern margin of the Rascal Zone where selective grab samples returned up to 48.1 gram per tonne (gpt) gold (Au) with 4110 gpt silver (Ag). This new mineralization is situated approximated 250m south of the previously announced high grade Ag in selective samples that assayed as high as 1955gpt Ag (see Benton NR dated January 10, 2012). Ongoing surface chip sampling is also being conducted at the numerous mineralized zones including further follow-up to previously reported ch
Benton Sells Stake in Stillwater Mining for $5.02 Million USD
CNW Group - Fri Feb 15, 12:09PM CST
Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that it has completed its disposition of 348,053 shares of Stillwater Mining Company (NYSE: SWC) ("Stillwater") for net cash proceeds of $5,022,050 USD. The Company now has approximately $10 million in cash along with $3.02 million in remaining equity positions (based on February 14, 2013 market closing prices) which in aggregate represents $0.174 on a per common share basis versus its $0.16 share price (based on February 14, 2013 market closing price). Benton intends to continue to advance its Elizabeth Anne gold-silver project in San Bernardino County, California with continued ground sampling and an airborne high resolution aeromagnetic and radiometric survey to commence immediately. In addition, the Company has submitted diamond drilling permit applications on several high priority targets with the objective of drilling by April once all geological and geophysical data has been received and fully analyzed.
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