Business
Benton Resources Corp. (BTC) acquires more ground at the King Lake project in Labrador
Benton Resources Corp. (BTC) acquires more ground at the King Lake project in Labrador.
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, July 5 /CNW/ - Benton Resources Corp. ("Benton") is\npleased to announce that they have staked an additional 788 claim units\n(19,700 hectares) contiguous to the west side of the King Lake nickel-copper\nproject located 60 km north of the world class Voisey's Bay nickel deposit in\nLabrador.\n\n\nBenton and their partner Teck Cominco Limited are currently prospecting\nand geologically mapping the King Lake project, an initial work program that\nis scheduled to continue to mid-July. This early stage ground follow-up has\nconfirmed the presence of local net-textured to semi-massive sulphides\noccurrences coincidental to the gossanous outcrop and large conductive anomaly\nreported on earlier (PR June 7, 2007 and June 22, 2007). Assays of the grab\nsamples are pending. Subsequently, Benton elected to increase their land\nholdings in the area.\n\n\nThe King Lake Nickel project is host to numerous, high-grade\nnickel-copper showings that have returned up to 6.8% copper and 1.9% nickel.\nAirborne survey maps which demonstrate the similarities between King Lake and\nVoisey's Bay can be found on Benton's website at www.bentonresources.ca.\n\n\nBenton remains excited about the potential of the project. Results of the\ninitial follow-up program of prospecting and mapping will be released to the\npublic domain as they are received and compiled.\n\n\nClinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is\nthe qualified person responsible for this release.\n\n\nOn behalf of the Board of Directors of Benton Resources Corp.\n\n\n"Stephen Stares"\n\n\nStephen Stares, President\n\n\nTHE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT\n\n\nRESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n\n\nForward-looking statements in this release are made pursuant to the safe\n\n\nharbor provisions of the Private Securities.\n\n\n","length":1984,"tagName":"div"}]