Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a highly prospective multi-mineral property portfolio. In addition, it holds large equity positions in other mining companies that are advancing high-quality assets, and whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.
Benton is currently focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland, which has a historical Resource Estimate of 442,000 tonnes @ 2.50% Cu Indicated and 829,000 @ 2.11% Cu Inferred. The Great Burnt Deposit also contains highly anomalous Cobalt and Zinc values. The Project has an excellent geological setting covering 25 km of strike and boasts six known historical Cu-Au-Ag zones over 15 km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical conductors and Cu-Au soil anomalies. The Phase 1 drill program consisting of over 5,650 metres has just been wrapped and results include 25.42 m of 5.51% Cu, including 9.78 m of 8.31% Cu, and 1.00 m of 12.70% Cu from hole GB-23-12. Preparation for Phase 2 drilling is underway.