Thunder Bay, Ontario--(Newsfile Corp. - July 20, 2017) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce that a diamond drill program has commenced at their Bedivere gold project, located in Northwestern Ontario within the Marmion batholith. This initial drill program will consist of approximately 800-1200m in 10-12 holes designed to test approximately 1000m of the gold-bearing structure as well as electromagnetic ("EM") conductive responses delineated by an airborne geophysical survey completed earlier this year.
Surface grab samples from the Traxxin zone graded from trace up to 1281gpt gold (41 ounces), some of which contain impressive visible gold (see Company website for photos). The exposed Traxxin zone is a mineralized pyrite-rich zone of quartz veining and stockwork with intense chlorite and iron carbonate alteration. Where exposed, the mineralized zone ranges from 15m to 40m wide and is at minimum 250m long before being lost under cover to the southwest in swampy conditions and into Bedivere Lake to the northeast.
The EM responses to be drill tested are located further to the south in the volcanic package of rocks. Very little historic work has been recorded in the area making them intriguing exploration targets for follow-up. The Company will release drill results they are received and compiled by Benton's technical team.
About Benton Resources Inc. (TSXV: BEX)
Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible for this release has prepared, supervised the preparation or approved the scientific and technical disclosure in the news release.
On behalf of the Board of Directors of Benton Resources Inc.,
"Stephen Stares"
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."
Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections
For further information contact Stephen Stares @:
684 Squier Street
Thunder Bay, ON P7B 4A8
Phone (807)475-7474
Fax (807)475-7200
www.bentonresources.ca
