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Benton Resources Corp. (BTC) mobilizes crew to evaluate large conductive anomalies on King Lake nickel property 60km north of Voisey's Bay deposit
Benton Resources Corp. (BTC) mobilizes crew to evaluate large conductive anomalies on King Lake nickel property 60km north of Voisey's Bay deposit.
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, June 22 /CNW/ - Benton Resources Corp. ("Benton") is\npleased to announce that the management of Benton, along with five prospectors\nand two Teck Cominco Limited ("Teck Cominco") geologists, has mobilized to the\nKing Lake Nickel Project in Labrador. The team will evaluate large conductive\nzones identified from the airborne survey recently flown by Aeroquest Limited.\nThe King Lake project is located 60 km north of the world class Voisey's Bay\nnickel deposit and is host to numerous, high-grade nickel-copper showings that\nhave returned up to 6.8% copper and 1.9% nickel and is currently the focus of\na joint venture between Benton and Teck Cominco. The airborne geophysical\nsurvey located several strong electromagnetic anomalies on the property\nincluding a large conductive zone which measures greater than 400 metres wide\nby 1000 metres long. This large conductive zone is coincident with a moderate\nmagnetic anomaly, a rusty gossanous outcrop, and many nickel-copper-cobalt\nlake sediment anomalies similar to those in the vicinity of the Voisey's Bay\ndeposit. The conductive zone is also spatially related to the outer rim of a\nlarge intrusion and east-west oriented structures, comparable to the\nenvironment noted at the Voisey's Bay deposit.\n\n\nBenton is excited about the project and believes the conductors could\nrepresent possible nickel-rich and copper-rich sulphide zones. Ground\nfollow-up, now underway, will concentrate on locating, mapping, prospecting,\nand sampling the conductive zones over the next few weeks. Results from the\nfirst phase exploration program will be released when they are received and\nwill be followed up by ground geophysics and diamond drilling. Airborne survey\nmaps which demonstrate the similarities between King Lake and Voisey's Bay can\nbe found on Benton's website at www.bentonresources.ca.\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\n THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT\n RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.\n Forward-looking statements in this release are made pursuant to the\n safe...