Benton Resources (BNTRF) 0.0590 $BNTRF
Benton Stakes Iron Duke Gold Project in Sturgeon Lake Greenstone Belt
Marketwired - Fri Apr 22, 1:03PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
would like to announce that the Company has acquired a 100% interest through staking in the Iron Duke gold project located 20km east of the past producing Mattabi/Sturgeon Lake base metal deposits and 30km south of the past producing St. Anthony gold mine. The project is comprised of 47 units in 3 claims and covers the Quill Lake gold zone which has undergone limited exploration efforts. Historical diamond drilling (6 holes) for gold in the early 1990s by Noranda Exploration Inc. (Ontario MNDM assessment files) tested anomalous gold- and arsenic-in-soil geochemical samples and returned from trace to 2.2gpt gold over narrow widths of 0.91 metres or less. A second company, Excalibur Resources Ltd., drilled three more holes 5-6km along strike to the east from the Noranda drilling while exploring for base metals (Ontario MNDM assessment files). Excalibur's drilling also encountered anomalous gold values, the best being 11.8 metres grading 0.19gpt gold and 0.5m grading 1.07gpt gold. Given the widespread anomalous gold values the Company believes this to be an iron formation horizon prospective to host significant gold mineralization and merits follow-up work not only on the Quill Lake gold zone but within the immediate region. A map of the project can be viewed on the Company's website shortly. The Company cautions it has not verified the gold result.
BEX.VN: 0.070 (unch)
Benton Files PEA for the Cape Ray Gold Project in Newfoundland
Marketwired - Thu Apr 21, 2:34PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" and its joint venture partner Nordmin Engineering Ltd. ("Nordmin" are pleased announce that a technical report has been filed, prepared in accordance with National Instrument 43-101, regarding a Preliminary Economic Assessment ("PEA" on the Company's Cape Ray gold project located approximately 20km northeast of Port aux Basques, Newfoundland. The PEA can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.bentonresources.ca.
BEX.VN: 0.070 (unch)
Benton Sells Champion Graphite Project to Benton Capital Corp.
Marketwired - Wed Apr 20, 1:16PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" has agreed to sell a 100% interest in the Champion Graphite project to Benton Capital Corp. (TSX VENTURE: BTC) (a company related by common directorships) for a payment of 1 million shares to Benton and subject to a 2% NSR. Benton Capital will have the option to buy back 1% of the NSR for $500,000. The Champion Graphite project represents a non-core asset of Benton Resources Inc. (see Benton PR dated February 17, 2016) and the related party directors of each of the respective companies abstained from voting to approve the acquisition. The retained NSR provides Benton Resources Inc. with the opportunity to participate in any future success of the project.
BEX.VN: 0.070 (unch), BTC.VN: 0.060 (+0.005)
Benton Executes Non-Binding Agreement With Rambler to Explore Custom Milling for Cape Ray Project
Marketwired - Tue Mar 15, 8:04AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" and its partner Nordmin Engineering Ltd. ("Nordmin" are pleased to announce that they have signed a non-binding letter of intent ("LOI" with Rambler Metals and Mining Canada Limited ("Rambler" to explore the potential to custom mill gold-rich concentrate from the Cape Ray deposits at Rambler's Nugget Pond milling facility located near Baie Verte, Newfoundland.
BEX.VN: 0.070 (unch)
Benton Announces Positive Pea Results for the Cape Ray Gold Project in Newfoundland
Marketwired - Mon Mar 07, 11:02AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" and its joint venture partner Nordmin Engineering Ltd. ("Nordmin", are pleased to release the results of a positive preliminary economic assessment ("PEA" for their Cape Ray Gold Project, located approximately 20km northeast of Port aux Basque, Newfoundland. The results of the PEA include a pre-tax net present value ("NPV" at a 7% discount rate of $48.4 million with a pre-tax internal rate of return ("IRR" of 29% and a post-tax NPV at a 7% discount rate of $32.6 million with a post-tax IRR of 24%.
BEX.VN: 0.070 (unch)
IIROC Trade Halt - Benton Resources Inc.
Newsfile Corp - Mon Mar 07, 7:20AM CST
The following issues have been halted by IIROC:
Benton Announces Drill Results From First Holes at Staghorn and Approval of Abernethy Deal
Marketwired - Wed Dec 09, 8:05AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" would like to announce that the Company has received results from the first four diamond drill holes on the Staghorn gold project which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) (see Benton PR dated November 18, 2014). The Staghorn claims are situated along the Cape Ray/Victoria Lake regional fault zone, which is host to a number of gold deposits, including Marathon Gold's Valentine Lake deposit located 30km to the northeast of the property and Benton's Cape Ray gold deposits approximately 100km to the southwest.
BEX.VN: 0.070 (unch), MEK.VN: 0.145 (+0.005)
Metals Creek/Benton Resources Commences Diamond Drill Program at Staghorn Gold Property
Marketwired - Wed Oct 21, 9:01AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" that the Company has launched their initial diamond drill program at the Staghorn Gold project (under option from Metals Creek Resources Corp., see Benton press release dated Nov. 18, 2014). The first drill hole has been completed with the second well under way at the Ryan's Hammer gold showing. The planned drill program consists of 1000 to 1500 metres in numerous shallow holes designed to test several surface gold occurrences, gold-in-soil anomalies and various Induced Polarization (IP) targets generated by the recently completed ground geophysical survey. Two of the priority targets to be drill tested include the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant results of up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House gold zone where visible native gold was noted in outcrop and selected grab samples returned up to 189.2 gpt gold.
BEX.VN: 0.070 (unch), MEK.VN: 0.145 (+0.005)
Benton Commences Diamond Drill Program at Staghorn Gold Property
Marketwired - Wed Oct 21, 9:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that the Company has launched their initial diamond drill program at the Staghorn Gold project (under option from Metals Creek Resources Corp., see Benton press release dated Nov. 18, 2014). The first drill hole has been completed with the second well under way at the Ryan's Hammer gold showing. The planned drill program consists of 1000 to 1500 metres in numerous shallow holes designed to test several surface gold occurrences, gold-in-soil anomalies and various Induced Polarization (IP) targets generated by the recently completed ground geophysical survey. Two of the priority targets to be drill tested include the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant results from trace up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House gold zone where visible native gold was noted in outcrop and selected grab samples returned assays from trace up to 189.2 gpt gold.
BEX.VN: 0.070 (unch)
Benton Receives Drill Permit for Staghorn Gold Project
Marketwired - Thu Oct 15, 10:00AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce that the Company has received its permit for drilling on the Staghorn gold property (under option from Metals Creek Resources Corp., see Benton press release dated November 18, 2014). Benton is planning a 1000m to 1500m diamond drilling program to test multiple gold showings, soil geochemical and geophysical anomalies identified by the Company during this summer's exploration program. One of the priority drill targets will be the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant assay results ranging from trace up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House zone where selective grab samples returned assays ranging from trace up to 189.2 gpt gold. Drilling is expected to commence within the next few days and results will be released once they are received and compiled by the Company.
BEX.VN: 0.070 (unch)
Benton Acquires High Grade Ni-Cu-PGM Project
Marketwired - Wed Sep 30, 1:20PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" is pleased to announce the acquisition of 100% ownership in the Providence Lake Nickel ("Ni" - Copper ("Cu" - Cobalt ("Co" - Platinum Group Metals ("PGM" property from Platinum Group Metals Ltd. ("Platinum Group".
BEX.VN: 0.070 (unch), PLG: 3.92 (+0.53)
Benton Responds to Continuous Disclosure Review
Marketwired - Mon Sep 21, 3:20PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company" announces that as a result of a review by staff of the Ontario Securities Commission, we are issuing the following news release related to the Cape Ray Property Technical Report (the "Report" dated April 29, 2015. The Company addressed the following issues raised by the review;
BEX.VN: 0.070 (unch)
Benton Stakes Iron Duke Gold Project in Sturgeon Lake Greenstone Belt
Marketwired - Fri Apr 22, 1:03PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
would like to announce that the Company has acquired a 100% interest through staking in the Iron Duke gold project located 20km east of the past producing Mattabi/Sturgeon Lake base metal deposits and 30km south of the past producing St. Anthony gold mine. The project is comprised of 47 units in 3 claims and covers the Quill Lake gold zone which has undergone limited exploration efforts. Historical diamond drilling (6 holes) for gold in the early 1990s by Noranda Exploration Inc. (Ontario MNDM assessment files) tested anomalous gold- and arsenic-in-soil geochemical samples and returned from trace to 2.2gpt gold over narrow widths of 0.91 metres or less. A second company, Excalibur Resources Ltd., drilled three more holes 5-6km along strike to the east from the Noranda drilling while exploring for base metals (Ontario MNDM assessment files). Excalibur's drilling also encountered anomalous gold values, the best being 11.8 metres grading 0.19gpt gold and 0.5m grading 1.07gpt gold. Given the widespread anomalous gold values the Company believes this to be an iron formation horizon prospective to host significant gold mineralization and merits follow-up work not only on the Quill Lake gold zone but within the immediate region. A map of the project can be viewed on the Company's website shortly. The Company cautions it has not verified the gold result. BEX.VN: 0.070 (unch)
Benton Files PEA for the Cape Ray Gold Project in Newfoundland
Marketwired - Thu Apr 21, 2:34PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
and its joint venture partner Nordmin Engineering Ltd. ("Nordmin" are pleased announce that a technical report has been filed, prepared in accordance with National Instrument 43-101, regarding a Preliminary Economic Assessment ("PEA" on the Company's Cape Ray gold project located approximately 20km northeast of Port aux Basques, Newfoundland. The PEA can be accessed under the Company's profile at www.sedar.com and on the Company's website at www.bentonresources.ca. BEX.VN: 0.070 (unch)
Benton Sells Champion Graphite Project to Benton Capital Corp.
Marketwired - Wed Apr 20, 1:16PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
has agreed to sell a 100% interest in the Champion Graphite project to Benton Capital Corp. (TSX VENTURE: BTC) (a company related by common directorships) for a payment of 1 million shares to Benton and subject to a 2% NSR. Benton Capital will have the option to buy back 1% of the NSR for $500,000. The Champion Graphite project represents a non-core asset of Benton Resources Inc. (see Benton PR dated February 17, 2016) and the related party directors of each of the respective companies abstained from voting to approve the acquisition. The retained NSR provides Benton Resources Inc. with the opportunity to participate in any future success of the project. BEX.VN: 0.070 (unch), BTC.VN: 0.060 (+0.005)
Benton Executes Non-Binding Agreement With Rambler to Explore Custom Milling for Cape Ray Project
Marketwired - Tue Mar 15, 8:04AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
and its partner Nordmin Engineering Ltd. ("Nordmin" are pleased to announce that they have signed a non-binding letter of intent ("LOI" with Rambler Metals and Mining Canada Limited ("Rambler" to explore the potential to custom mill gold-rich concentrate from the Cape Ray deposits at Rambler's Nugget Pond milling facility located near Baie Verte, Newfoundland. BEX.VN: 0.070 (unch)
Benton Announces Positive Pea Results for the Cape Ray Gold Project in Newfoundland
Marketwired - Mon Mar 07, 11:02AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
and its joint venture partner Nordmin Engineering Ltd. ("Nordmin", are pleased to release the results of a positive preliminary economic assessment ("PEA" for their Cape Ray Gold Project, located approximately 20km northeast of Port aux Basque, Newfoundland. The results of the PEA include a pre-tax net present value ("NPV" at a 7% discount rate of $48.4 million with a pre-tax internal rate of return ("IRR" of 29% and a post-tax NPV at a 7% discount rate of $32.6 million with a post-tax IRR of 24%. BEX.VN: 0.070 (unch)
IIROC Trade Halt - Benton Resources Inc.
Newsfile Corp - Mon Mar 07, 7:20AM CST
The following issues have been halted by IIROC:
Benton Announces Drill Results From First Holes at Staghorn and Approval of Abernethy Deal
Marketwired - Wed Dec 09, 8:05AM CST
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
would like to announce that the Company has received results from the first four diamond drill holes on the Staghorn gold project which is under option from Metals Creek Resources Corp. (TSX VENTURE: MEK) (see Benton PR dated November 18, 2014). The Staghorn claims are situated along the Cape Ray/Victoria Lake regional fault zone, which is host to a number of gold deposits, including Marathon Gold's Valentine Lake deposit located 30km to the northeast of the property and Benton's Cape Ray gold deposits approximately 100km to the southwest. BEX.VN: 0.070 (unch), MEK.VN: 0.145 (+0.005)
Metals Creek/Benton Resources Commences Diamond Drill Program at Staghorn Gold Property
Marketwired - Wed Oct 21, 9:01AM CDT
Metals Creek Resources Corp. (TSX VENTURE: MEK) has been advised by Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
that the Company has launched their initial diamond drill program at the Staghorn Gold project (under option from Metals Creek Resources Corp., see Benton press release dated Nov. 18, 2014). The first drill hole has been completed with the second well under way at the Ryan's Hammer gold showing. The planned drill program consists of 1000 to 1500 metres in numerous shallow holes designed to test several surface gold occurrences, gold-in-soil anomalies and various Induced Polarization (IP) targets generated by the recently completed ground geophysical survey. Two of the priority targets to be drill tested include the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant results of up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House gold zone where visible native gold was noted in outcrop and selected grab samples returned up to 189.2 gpt gold. BEX.VN: 0.070 (unch), MEK.VN: 0.145 (+0.005)
Benton Commences Diamond Drill Program at Staghorn Gold Property
Marketwired - Wed Oct 21, 9:01AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that the Company has launched their initial diamond drill program at the Staghorn Gold project (under option from Metals Creek Resources Corp., see Benton press release dated Nov. 18, 2014). The first drill hole has been completed with the second well under way at the Ryan's Hammer gold showing. The planned drill program consists of 1000 to 1500 metres in numerous shallow holes designed to test several surface gold occurrences, gold-in-soil anomalies and various Induced Polarization (IP) targets generated by the recently completed ground geophysical survey. Two of the priority targets to be drill tested include the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant results from trace up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House gold zone where visible native gold was noted in outcrop and selected grab samples returned assays from trace up to 189.2 gpt gold. BEX.VN: 0.070 (unch)
Benton Receives Drill Permit for Staghorn Gold Project
Marketwired - Thu Oct 15, 10:00AM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce that the Company has received its permit for drilling on the Staghorn gold property (under option from Metals Creek Resources Corp., see Benton press release dated November 18, 2014). Benton is planning a 1000m to 1500m diamond drilling program to test multiple gold showings, soil geochemical and geophysical anomalies identified by the Company during this summer's exploration program. One of the priority drill targets will be the high grade Ryan's Hammer trend, where selective grab samples from numerous large angular mineralized boulders and outcrop have returned significant assay results ranging from trace up to 31 grams per tonne (gpt) gold. Drilling will also test the Rich House zone where selective grab samples returned assays ranging from trace up to 189.2 gpt gold. Drilling is expected to commence within the next few days and results will be released once they are received and compiled by the Company. BEX.VN: 0.070 (unch)
Benton Acquires High Grade Ni-Cu-PGM Project
Marketwired - Wed Sep 30, 1:20PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
is pleased to announce the acquisition of 100% ownership in the Providence Lake Nickel ("Ni" - Copper ("Cu" - Cobalt ("Co" - Platinum Group Metals ("PGM" property from Platinum Group Metals Ltd. ("Platinum Group". BEX.VN: 0.070 (unch), PLG: 3.92 (+0.53)
Benton Responds to Continuous Disclosure Review
Marketwired - Mon Sep 21, 3:20PM CDT
Benton Resources Inc. (TSX VENTURE: BEX) ("Benton" or "the Company"
announces that as a result of a review by staff of the Ontario Securities Commission, we are issuing the following news release related to the Cape Ray Property Technical Report (the "Report" dated April 29, 2015. The Company addressed the following issues raised by the review; BEX.VN: 0.070 (unch)
