Business
Benton continues to intercept PGMs and copper on Bermuda Property north of Marathon deposit.
THUNDER BAY, ON, Nov. 14 /CNW/ - Benton Resources Corp. ("Benton" or the "Company") is pleased to...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, Nov. 14 /CNW/ - Benton Resources Corp. ("Benton" or the\n"Company") is pleased to announce the final results from the summer\nexploration diamond drill program carried out in the Bamoos area of the\nCompany's 100% owned Bermuda Property.\n\n\nResults from the latest 7 diamond drill holes and previously released 12\nholes completed in the Bamoos area continue to demonstrate that significant\nplatinum, palladium and copper mineralization over considerable thicknesses\nextend north of the Marathon copper (Cu) and platinum group metals (PGM)\ndeposit on to Benton's property.\n\n\nHoles BO-07-51 and BO-07-55 were drilled approximately 45 meters (m)\nnorth of the Benton - Marathon PGM boundary and undercut previously released\ndrill hole BO-07-50 (51m grading 1.56gpt (grams per tonne) total precious\nmetals (TPM (equal sign) platinum + palladium + gold) and 0.28% copper (Cu), including\nhigher grading sections of 2.2gpt TPM and 0.40% Cu over 24m and 5.4gpt TPM and\n0.48% over 3m. Hole BO-07-51 returned 59.5m grading 0.70m (including 4.5m of\n1.15gpt TPM and 0.27% Cu and 6.0m of 2.0 gpt TPM and 0.48% Cu over 6m while\nhole BO-07-55 returned 27.7m grading 0.88gpt TPM and 0.19% Cu including 3m of\n3.84gpt TPM and 0.38% Cu.\n\n\nHoles BO-07-39, 43, 46, 47 and 53 were drilled north and west of holes 51\nand 55, and were designed to test for multiple mineralized zones within the\nthick gabbroic host unit. Of particular interest is diamond drill hole\nBO-07-47, collared approximately 275m north of the Benton - Marathon PGM\nproperty boundary. This hole cut two separate zones of mineralization,\nincluding an upper magnetite zone grading 1.02gpt and 0.08% Cu over 7.0m and a\nlower zone, interpreted as the northwest extension of the Marathon deposit\nmain zone, which cut 41.9m grading 0.89gpt TPM and 0.36%Cu (including higher\ngrade sections of 6m of 1.37gpt TPM and 0.33% Cu and 4.5m of 1.38gpt TPM and\n0.62% Cu.\n\n\nBenton is continuing to drill on the property. A total of 15 drill holes\nhave now been completed on the Claw Lake Zone, located approximately 1.5 km\nnorth of the Marathon deposit. Previous surface grab samples from trenches on\nthe Claw Lake Zone have returned values of up to 4.7 gpt TPM and 1.5% Cu.\nResults of these drill holes will be released as they are received.\n\n\nFollowing i...