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Benton Completes First Phase of Drilling at Panama Project in the Red Lake Mining District and Appoints James Rogers as an Advisor
Thunder Bay, Ontario--(Newsfile Corp. - March 27, 2019) - Benton Resources Inc. (TSXV: BEX) ('...
About this update from Benton Resources, Inc.
[{"type":"text","content":"Benton Completes First Phase of Drilling at Panama Project in the Red Lake Mining District and Appoints James Rogers as an AdvisorThunder Bay, Ontario--(Newsfile Corp. - March 27, 2019) - Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') is pleased to announce that it has received final assay results for the Phase I drill program carried out at the Panama Project in the Red Lake mining district. Highlights:Each hole returned anomalous gold values.Drilling has identified an extensive, 5+ metre quartz flooded shear zone containing variable amounts of pyrite and silicification associated with gold mineralization.Shear zone demonstrates a potentially large structural trend that will be the focus of the Company's 2019 fieldwork. Stephen Stares, President & CEO, commented: \"We are very pleased with the results of the Phase 1 drill program as it provided Benton with valuable geological information for further targeting at the highly promising Panama Project. A detailed magnetic survey and lake sediment sampling program will be commencing soon to assist in planning targets for the 2019 field season. We are excited to move forward and see what the next Phase brings us.\"Drill hole PL-19-08 was drilled to test the Slate Lake zone where Benton had grab samples grading from trace up to 6.17gpt gold on surface. The drilling was successful in intersecting the gold-bearing lithological unit at depth (270 m down-hole) containing anomalous gold over 8.4 m in a silicified arsenopyrite-rich, quartz-flooded zone. PL-19-09 was drilled south from the same setup and intersected altered feldspar porphyry (\"FP\") with quartz stringers and abundant sulphide. The hole ended in the FP at a final depth of 140 m. The two Slate Lake zone drill holes are located approximately 150 m west of the area where a glacial till sampling survey by the Geological Survey of Canada, 1999 (Open File 3038) identified 107 gold grains in till sampling, the highest count in the survey. Benton's future exploration efforts at the Slate Lake zone will focus north and east of the gold grains, which the Company believes were transported by southwest-trending glaciation. Highlights from the Phase I Drill Program are as follows:HoleFrom (m)To (m)Interval (m)Gold (g/t)CompositePL-19-0179.687.27.61.581.58 g/t over 7.6 mincl79.684.34.72.342.34 g/t Au over 4.7 mPL-19-021...