Benton Resources Inc. is pleased to announce it has been advised that Clean Air Metals Inc. has paid the sum of CAD$1.0 Million directly to Rio Tinto Exploration Canada Inc. as Vendor, pursuant to the terms of the definitive option agreement between the Company and Clean Air . Clean Air acquired the Option to acquire a 100% right, title and interest in and to the Escape Lake Property, subject to a 1.0% net smelter return [...]
Benton Resources Inc. and Sokoman Minerals Corp. are pleased to announce analyses for 35 of 58 follow-up samples from the recently discovered swarm of Lithium-bearing pegmatite dikes on the Golden Hope Joint Venture Project in southwestern Newfoundland. The 35 grab and chip samples were collected over a 1 km2 area over the swarm of poorly-exposed pegmatite and aplite dykes. The follow-up sampling has confirmed that the [...]
Benton Resources Inc. is pleased to share results obtained by Clean Air Metals Inc. from recent drilling completed at the Escape Lake project, under Option from Benton. Clean Air Metals can earn up to 100% of the Escape Lake project and Benton will retain a 0.5% NSR on the property. Hole ELR21-077 intersected 76.6m grading 5.67g/t Palladium Equivalents composed of 1.63g/t Platinum , 2.14g/t Palladium, 0.81% Copper, 0.41 [...]
Sokoman Minerals Corp. and Benton Resources Inc. are pleased to announce they have received high-grade gold assays up to 134.46 g/t Au at the Grey River Joint Venture located on the south coast of Newfoundland. The Alliance collected a series of grab and chip samples from outcrop and local float, and assays range from less than detection to 134.46 g/t Au. The sampling focused on an area roughly 500 m by 300 m immediately [...]
Sokoman Minerals and Benton Resources are pleased to announce that they have discovered a swarm of lithium-bearing pegmatite dikes on the Golden Hope Joint Venture Project in southwestern Newfoundland, Canada. Benton's President and CEO Stephen Stares and Director Michael Stares, along with Sokoman's President and CEO Timothy Froude and consultant Sean O'Brien, identified the pegmatites on a recent field visit, collecting [...]
Benton Resources Inc. is pleased to report that it has received the first anniversary option payment comprised of $50,000 and 1,248,177 shares of Metallica Metals Corp. for the Starr gold-silver project located in the Thunder Bay Mining District of Ontario. Benton now holds 2,628,177 million shares of Metallica. Metallica has the option to earn a 70% interest in the Starr project by making certain cash and share payments [...]
Benton Resources Inc. is pleased to report that Metallica Metals Corp. issued a news release earlier today whereby they have identified numerous drill targets on their Starr gold-silver project located in the Thunder Bay Mining District of Ontario. Metallica has the option to earn 70% interest in the Starr project by making certain cash and share payments to Benton along with exploration work commitments and has an option [...]
Benton Resources Inc. is pleased to provide a corporate update on the Company's ongoing exploration efforts in Ontario and Newfoundland. The Far Lake Copper-Silver project, located 80 km west of Thunder Bay, the focus of Benton's exploration efforts since 2020, has undergone a detailed geological mapping campaign since the beginning of May. The area had never been mapped in detail, and the new structural and lithological [...]
Sokoman Minerals Corp. today announced the execution of two property option agreements on behalf of the strategic alliance between the Company and Benton Resources Inc. to add additional mineral claims to the Grey River Gold Property in the province of Newfoundland and Labrador. Pursuant to an option agreement, Gary Lewis has granted Sokoman the option to acquire a 100% interest in a property license consisting of seven [...]
Benton Resources Inc. and Sokoman Minerals Corp. are pleased to announce that on behalf of their strategic alliance Benton has entered into an option agreement to acquire the Larry's Pond project which lies along the western boundary of the Kepenkeck Gold JV claims . Larry's Pond consists of two licenses totalling 30 claim units . The optionors of the Larry's Pond project have discovered and sampled multiple quartz veins [...]
Benton Resources Inc. and Sokoman Minerals Corp. are pleased to announce that they have received exploration approval to complete an airborne survey, which will commence immediately, at the newly-acquired, joint Kepenkeck Gold Property. The Companies have executed a contract with Terraquest Ltd to fly a detailed, 100 m-spaced, 1,600-line km Mag-VLF survey. The survey will be used to map lithological units, guide fieldwork [...]
Benton Resources Inc. today announces results from the Phase II drilling program at its Far Lake Copper-Silver project located 80 km west of Thunder Bay. The second phase of drilling at Far Lake totaled 2,696 m and was designed to test new areas associated with surface mineralization as well as various chargeability anomalies outlined by a deep, 3D IP geophysical survey. Highlights from this latest campaign include copper [...]