Benton Resources (BNTRF) 0.0296 $BNTRF
Metals Creek/Benton Resources Discovers Multiple New Gold Showings at Staghorn Gold Property
Marketwired - Thu Jun 18, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc, (TSX VENTURE: BEX) ("Benton" or "the Company"
that it has made several new gold discoveries over the 25km long mineralized trend on the Staghorn Gold property. The project is located in west-central Newfoundland and under option from Metals Creek Resources Corp. (see Benton PR dated Nov. 18, 2014). Over the years previous exploration companies have uncovered a number of gold showings throughout the property and these latest discoveries continue to demonstrate the prospective nature of the project to host a significant gold discovery.
BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Discovers Multiple New Gold Showings at Staghorn Gold Property
Marketwired - Thu Jun 18, 8:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that it has made several new gold discoveries over the 25km long mineralized trend on the Staghorn Gold property. The project is located in west-central Newfoundland and under option from Metals Creek Resources Corp. (see Benton PR dated Nov. 18, 2014). Over the years previous exploration companies have uncovered a number of gold showings throughout the property and these latest discoveries continue to demonstrate the prospective nature of the project to host a significant gold discovery.
BEX.VN: 0.040 (unch)
Metals Creek/Benton Resources Commences Exploration Program on Its Staghorn Gold Property
Marketwired - Tue May 26, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc., (TSX VENTURE: BEX) ("Benton" or "the Company" of the commencement of its exploration program on the Staghorn Gold Property located in west-central Newfoundland which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) ("Metals Creek" (see MEK press release dated November 18, 2014). Under the option agreement, Benton can earn up to a 70% interest in the project. To earn the initial 60%, the Company must make cash payments of $50,000 over three years (includes $10,000 paid on signing) and issue 500,000 common shares of the Company (includes 100,000 issued on signing) and incur work expenditures in the amount of $500,000 over three years with $50,000 in work expenditures required by the first anniversary. Once a 60% interest is earned, either a 60/40 joint venture will be formed or Benton may elect to earn an additional 10% interest (70% in aggregate) by paying Metals Creek $50,000 and issue 500,000 common shares of the Company within 60 days of the third anniversary, and incur an additional $500,000 in expenditures on the property by the fifth anniversary.
BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Starts Exploration at Staghorn Gold and Provides Update
Marketwired - Tue May 26, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that the Company has commenced its exploration program on the Staghorn Gold Property located in west-central Newfoundland which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) ("Metals Creek" (see Benton press release dated November 18, 2014). Under the option agreement, Benton can earn up to a 70% interest in the project. To earn the initial 60%, the Company must make cash payments of $50,000 over three years (includes $10,000 paid on signing) and issue 500,000 common shares of the Company (includes 100,000 issued on signing) and incur work expenditures in the amount of $500,000 over three years with $50,000 in work expenditures required by the first anniversary. Once a 60% interest is earned, either a 60/40 joint venture will be formed or Benton may elect to earn an additional 10% interest (70% in aggregate) by paying Metals Creek $50,000 and issue 500,000 common shares of the Company within 60 days of the third anniversary, and incur an additional $500,000 in expenditures on the property by the fifth anniversary.
BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Completes Initial Resource Estimates on Cape Ray JV Project
Marketwired - Tue May 05, 8:05AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce the initial National Instrument 43-101 resource estimates for the 04, 41, 51 and Windowglass Hill deposits on the Cape Ray Joint Venture property located in south west Newfoundland. The resource estimates were completed by Sibley Basin Group Geological Consulting Services Ltd. of Thunder Bay, Ontario.
BEX.VN: 0.040 (unch)
Metals Creek/Benton Resources Recovers 92.3% Gold in Leach Testing at the Staghorn Property
Marketwired - Mon Apr 27, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc, (TSX VENTURE: BEX) ("Benton" or "the Company" of the results from "bottle roll" leach testing on the recently discovered gold-bearing granitic boulder train termed Ryan's Hammer on the Staghorn Gold Property. The property is under option from Metals Creek Resources Corp. ("Metals Creek"(see Benton PR November 18, 2014). The sample was a composite of reject material totaling 1.182 kg from 3 grab samples collected late last fall and represented arsenopyrite-rich mineralization. The sample had a calculated head grade of 2.24 ppm gold and results of the cyanide bottle roll test include recoveries of 82.6%, 89.3% and 92.3% gold after 24, 48, and 72 hours respectively.
BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Recovers 92.3% Gold in Leach Testing at the Staghorn Property
Marketwired - Mon Apr 27, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce the results of bottle roll leaching on the recently discovered gold-bearing granitic boulder train termed Ryan's Hammer on the Staghorn Gold Property. The property is under option from Metals Creek Resources Corp. ("Metals Creek" (see Benton PR November 18, 2014). The sample was a composite of reject material totaling 1.182 kg from 3 grab samples collected late last fall and represented arsenopyrite-rich mineralization. The sample had a calculated head grade of 2.24 ppm gold and results of the cyanide bottle roll test include recoveries of 82.6%, 89.3% and 92.3% gold after 24, 48, and 72 hours respectively.
BEX.VN: 0.040 (unch)
Benton Applies for Share Buyback
Marketwired - Fri Mar 13, 9:46AM CDT
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 $6.0 million in combined cash and investments but a market capitalization of only $2.3 million (based on the March 12, 2014 closing market price). In addition to the large discount to its cash and investments, the Company has an excellent portfolio of projects including the advanced Cape Ray gold deposits currently being advanced by Nordmin Engineering (see PR dated January 20, 2015), the Mealy Cu-Ni-PGM project being operated by Platinum Group Metals (see PR dated November 6, 2015) and the recently announced option of the Abernethy Gold project to Element 79 Capital Inc. (see P.R dated February 25, 2015) along with other 100%-owned prospective exploration projects which can be viewed on the Company's web site.
EMS-P.VN: (), BEX.VN: 0.040 (unch)
Benton Executes Final Agreement With Nordmin Engineering to Develop Cape Ray Gold Project
Marketwired - Tue Jan 20, 11:40AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that further to its press release dated October 6, 2014, it has fully executed its final Option and Joint Venture agreement ("Agreement" with Nordmin Engineering Ltd. ("Nordmin" to advance four of the six gold deposits towards production at the Cape Ray project located in southwest Newfoundland. The 04, 41, 51 and Windowglass Hill deposits (the "Project" are included in agreement while the Isle Aux Morts and Big Pond deposits will be retained 100% by Benton. Pursuant to the Agreement, Benton and Nordmin will form a joint venture pursuant to which Nordmin will earn a 50% interest in the Project through a series of expenditures and services to be provided.
BEX.VN: 0.040 (unch)
Metals Creek Resources Corp. Announces Option/Joint Venture Agreement With Benton Resources
Marketwired - Wed Nov 19, 3:35PM CST
Metals Creek Resources Corp. (the "Corporation" (TSX VENTURE: MEK) is pleased to announce that the Corporation has entered into an Option/Joint Venture agreement with Benton Resources Inc. ("Benton" (TSX VENTURE: BEX) in which Benton can earn up to a 70% interest in MEK's Staghorn Gold Property in Newfoundland. The property is 100% owned by MEK.
BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Enters Into Option Agreement for Staghorn Gold Project
Marketwired - Wed Nov 19, 3:35PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or the "Company" is pleased to announce that the Company has signed a Letter of Intent to Option/Joint Venture with Metals Creek Resources Corp. ("MEK" whereby Benton can earn up to a 70% interest in MEK's 100%-owned Staghorn Gold Property in Newfoundland.
BEX.VN: 0.040 (unch)
Metals Creek/Benton Resources Discovers Multiple New Gold Showings at Staghorn Gold Property
Marketwired - Thu Jun 18, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc, (TSX VENTURE: BEX) ("Benton" or "the Company"
that it has made several new gold discoveries over the 25km long mineralized trend on the Staghorn Gold property. The project is located in west-central Newfoundland and under option from Metals Creek Resources Corp. (see Benton PR dated Nov. 18, 2014). Over the years previous exploration companies have uncovered a number of gold showings throughout the property and these latest discoveries continue to demonstrate the prospective nature of the project to host a significant gold discovery. BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Discovers Multiple New Gold Showings at Staghorn Gold Property
Marketwired - Thu Jun 18, 8:02AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that it has made several new gold discoveries over the 25km long mineralized trend on the Staghorn Gold property. The project is located in west-central Newfoundland and under option from Metals Creek Resources Corp. (see Benton PR dated Nov. 18, 2014). Over the years previous exploration companies have uncovered a number of gold showings throughout the property and these latest discoveries continue to demonstrate the prospective nature of the project to host a significant gold discovery. BEX.VN: 0.040 (unch)
Metals Creek/Benton Resources Commences Exploration Program on Its Staghorn Gold Property
Marketwired - Tue May 26, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc., (TSX VENTURE: BEX) ("Benton" or "the Company"
of the commencement of its exploration program on the Staghorn Gold Property located in west-central Newfoundland which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) ("Metals Creek" (see MEK press release dated November 18, 2014). Under the option agreement, Benton can earn up to a 70% interest in the project. To earn the initial 60%, the Company must make cash payments of $50,000 over three years (includes $10,000 paid on signing) and issue 500,000 common shares of the Company (includes 100,000 issued on signing) and incur work expenditures in the amount of $500,000 over three years with $50,000 in work expenditures required by the first anniversary. Once a 60% interest is earned, either a 60/40 joint venture will be formed or Benton may elect to earn an additional 10% interest (70% in aggregate) by paying Metals Creek $50,000 and issue 500,000 common shares of the Company within 60 days of the third anniversary, and incur an additional $500,000 in expenditures on the property by the fifth anniversary. BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Starts Exploration at Staghorn Gold and Provides Update
Marketwired - Tue May 26, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that the Company has commenced its exploration program on the Staghorn Gold Property located in west-central Newfoundland which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) ("Metals Creek" (see Benton press release dated November 18, 2014). Under the option agreement, Benton can earn up to a 70% interest in the project. To earn the initial 60%, the Company must make cash payments of $50,000 over three years (includes $10,000 paid on signing) and issue 500,000 common shares of the Company (includes 100,000 issued on signing) and incur work expenditures in the amount of $500,000 over three years with $50,000 in work expenditures required by the first anniversary. Once a 60% interest is earned, either a 60/40 joint venture will be formed or Benton may elect to earn an additional 10% interest (70% in aggregate) by paying Metals Creek $50,000 and issue 500,000 common shares of the Company within 60 days of the third anniversary, and incur an additional $500,000 in expenditures on the property by the fifth anniversary. BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Completes Initial Resource Estimates on Cape Ray JV Project
Marketwired - Tue May 05, 8:05AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce the initial National Instrument 43-101 resource estimates for the 04, 41, 51 and Windowglass Hill deposits on the Cape Ray Joint Venture property located in south west Newfoundland. The resource estimates were completed by Sibley Basin Group Geological Consulting Services Ltd. of Thunder Bay, Ontario. BEX.VN: 0.040 (unch)
Metals Creek/Benton Resources Recovers 92.3% Gold in Leach Testing at the Staghorn Property
Marketwired - Mon Apr 27, 8:03AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by its partner Benton Resources Inc, (TSX VENTURE: BEX) ("Benton" or "the Company"
of the results from "bottle roll" leach testing on the recently discovered gold-bearing granitic boulder train termed Ryan's Hammer on the Staghorn Gold Property. The property is under option from Metals Creek Resources Corp. ("Metals Creek"(see Benton PR November 18, 2014). The sample was a composite of reject material totaling 1.182 kg from 3 grab samples collected late last fall and represented arsenopyrite-rich mineralization. The sample had a calculated head grade of 2.24 ppm gold and results of the cyanide bottle roll test include recoveries of 82.6%, 89.3% and 92.3% gold after 24, 48, and 72 hours respectively. BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Recovers 92.3% Gold in Leach Testing at the Staghorn Property
Marketwired - Mon Apr 27, 8:03AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce the results of bottle roll leaching on the recently discovered gold-bearing granitic boulder train termed Ryan's Hammer on the Staghorn Gold Property. The property is under option from Metals Creek Resources Corp. ("Metals Creek" (see Benton PR November 18, 2014). The sample was a composite of reject material totaling 1.182 kg from 3 grab samples collected late last fall and represented arsenopyrite-rich mineralization. The sample had a calculated head grade of 2.24 ppm gold and results of the cyanide bottle roll test include recoveries of 82.6%, 89.3% and 92.3% gold after 24, 48, and 72 hours respectively. BEX.VN: 0.040 (unch)
Benton Applies for Share Buyback
Marketwired - Fri Mar 13, 9:46AM CDT
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 $6.0 million in combined cash and investments but a market capitalization of only $2.3 million (based on the March 12, 2014 closing market price). In addition to the large discount to its cash and investments, the Company has an excellent portfolio of projects including the advanced Cape Ray gold deposits currently being advanced by Nordmin Engineering (see PR dated January 20, 2015), the Mealy Cu-Ni-PGM project being operated by Platinum Group Metals (see PR dated November 6, 2015) and the recently announced option of the Abernethy Gold project to Element 79 Capital Inc. (see P.R dated February 25, 2015) along with other 100%-owned prospective exploration projects which can be viewed on the Company's web site. EMS-P.VN: (), BEX.VN: 0.040 (unch)
Benton Executes Final Agreement With Nordmin Engineering to Develop Cape Ray Gold Project
Marketwired - Tue Jan 20, 11:40AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that further to its press release dated October 6, 2014, it has fully executed its final Option and Joint Venture agreement ("Agreement" with Nordmin Engineering Ltd. ("Nordmin" to advance four of the six gold deposits towards production at the Cape Ray project located in southwest Newfoundland. The 04, 41, 51 and Windowglass Hill deposits (the "Project" are included in agreement while the Isle Aux Morts and Big Pond deposits will be retained 100% by Benton. Pursuant to the Agreement, Benton and Nordmin will form a joint venture pursuant to which Nordmin will earn a 50% interest in the Project through a series of expenditures and services to be provided. BEX.VN: 0.040 (unch)
Metals Creek Resources Corp. Announces Option/Joint Venture Agreement With Benton Resources
Marketwired - Wed Nov 19, 3:35PM CST
Metals Creek Resources Corp. (the "Corporation"
(TSX VENTURE: MEK) is pleased to announce that the Corporation has entered into an Option/Joint Venture agreement with Benton Resources Inc. ("Benton" (TSX VENTURE: BEX) in which Benton can earn up to a 70% interest in MEK's Staghorn Gold Property in Newfoundland. The property is 100% owned by MEK. BEX.VN: 0.040 (unch), MEK.VN: 0.020 (unch)
Benton Resources Enters Into Option Agreement for Staghorn Gold Project
Marketwired - Wed Nov 19, 3:35PM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or the "Company"
is pleased to announce that the Company has signed a Letter of Intent to Option/Joint Venture with Metals Creek Resources Corp. ("MEK" whereby Benton can earn up to a 70% interest in MEK's 100%-owned Staghorn Gold Property in Newfoundland. BEX.VN: 0.040 (unch)
