Benton Resources (BNTRF) 0.0570 $BNTRF
Benton Provides Cape Ray Update and Terminates Elizabeth Anne Option
Marketwire - Thu May 01, 9:17AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
would like to update its shareholders on the current status of the Cape Ray Project. Due to severe weather conditions encountered in the Port aux Basques region this past winter the Company temporarily delayed its winter drill campaign until conditions improve. It is anticipated that the diamond drill program will now be initiated before the end of May. The drill program will consist of approximately 2000 metres of drilling designed to test not only the immediate western extension of the 51 Deposit but also the exploration potential of this mineralized horizon with coincident induced polarization geophysical and gold in geochemical (rock and soil) anomalies further to the west. The drilling will also test the east and west strike extent of the PW zone and a few holes within the 51 Deposit may be duplicated in the attempt to achieve better recoveries of the mineralized zone.
Benton Regains 100% Interest in Onion Lake Copper-Nickel-PGE Project
Marketwire - Wed Mar 12, 12:08PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that it has regained a 100% interest in the Onion Lake copper-nickel-PGE project located 30km north of Thunder Bay Ontario. The project was under option to Glory Resources Limited ("Glory" , an Australian-based junior currently being acquired by Eldorado Gold Corp. ("Eldorado" . Due to assessment deficiencies, Benton will receive an $80,000 payment in lieu and the return of a 100% interest in the project from Eldorado.
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.
Benton Provides Cape Ray Update and Terminates Elizabeth Anne Option
Marketwire - Thu May 01, 9:17AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
would like to update its shareholders on the current status of the Cape Ray Project. Due to severe weather conditions encountered in the Port aux Basques region this past winter the Company temporarily delayed its winter drill campaign until conditions improve. It is anticipated that the diamond drill program will now be initiated before the end of May. The drill program will consist of approximately 2000 metres of drilling designed to test not only the immediate western extension of the 51 Deposit but also the exploration potential of this mineralized horizon with coincident induced polarization geophysical and gold in geochemical (rock and soil) anomalies further to the west. The drilling will also test the east and west strike extent of the PW zone and a few holes within the 51 Deposit may be duplicated in the attempt to achieve better recoveries of the mineralized zone. Benton Regains 100% Interest in Onion Lake Copper-Nickel-PGE Project
Marketwire - Wed Mar 12, 12:08PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that it has regained a 100% interest in the Onion Lake copper-nickel-PGE project located 30km north of Thunder Bay Ontario. The project was under option to Glory Resources Limited ("Glory" , an Australian-based junior currently being acquired by Eldorado Gold Corp. ("Eldorado" . Due to assessment deficiencies, Benton will receive an $80,000 payment in lieu and the return of a 100% interest in the project from Eldorado. 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. 
