THUNDER BAY, ONTARIO–(Marketwired – Sept. 17, 2015) – Benton Resources Inc. (TSX VENTURE:BEX) (“Benton” or “the Company”) is pleased to announce the final results from an extensive trenching program on the 51 and 41 zones of the Cape Ray Gold Project. All samples collected on the two zones have now been received.
On Sept. 9, 2015 the Company announced all results for the 51 zone which was exposed and sampled for a strike length of approximately 200m and returned encouraging assays including 8.7 gram per tonne (gpt) gold (Au) and 27.12 gpt silver (Ag) over 5.4 metres (m) for section F, 11.27 gpt Au and 26.89 gpt Ag over 6.8m (section G) and 13.57 gpt Au with 39.33 gpt Ag over 5.2m (section R).
The trenching efforts over the 41 zone consisted of two separate trenches over a strike length of approximately 125m, although flooding restricted exposure to about 85m. Highlights of the channel assay results include 3.5gpt Au with 14.14gpt Ag over 8.4m (section A) and 25.34gpt Au with 37.93gpt Ag over 1.6m. Individual gold and silver assays were cut to 40gpt and 80gpt respectively, prior to calculating weighted composites.
The information collected in the trenching program will now be incorporated into the deposits models in preparation for an upcoming Preliminary Economic Assessment (PEA) to be completed by Benton’s partner, Nordmin Engineering. A complete table of results for the trenching program is listed on the company’s website along with maps and pictures of the trenches (www.bentonresources.ca).
The Cape Ray/Victoria Lake regional fault zone hosts a number of gold deposits, including Marathon Gold’s Valentine Lake deposit located 30km to the northeast of the Staghorn Gold project and Benton’s Cape Ray gold deposits approximately 100km to the southwest.
All assays were completed by Eastern Analytical of Springdale, NL using fire assay.
About Benton Resources Inc. (TSX VENTURE: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.
On behalf of the Board of Directors of Benton Resources Inc.,
Stephen Stares, President
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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.
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