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Benton Resources Corp (BTC) provides exploration update and evaluates advanced projects
THUNDER BAY, ON, March 10 /CNW/ - Benton Resources Corp. ("Benton") is pleased to report explorat...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, March 10 /CNW/ - Benton Resources Corp. ("Benton") is\npleased to report exploration plans for 2009.\n\n\nKingurutik Ni-Cu Property\n\n\nBenton and Teck Cominco Limited ("Teck") have recently increased their\njoint venture (JV) land position by 242 claims in the Kingurutik project area\nlocated 60 km north of the world class Voisey Bay copper-nickel-cobalt (Cu,\nNi, Co) deposit. Teck is operator of the joint venture and is currently\nincreasing their interest from 50% to 60% by completing $4 million in\nexploration expenditures. Field work completed by Teck to date has identified\nat least 7 priority drill targets. Further ground work is required to follow\nup on additional conductors identified by the airborne geophysical survey. \nBenton will continue to keep shareholders notified of exploration efforts on\nthe project throughout 2009.\n\n\nSaganaga Au Property\n\n\nOwned 100% by Benton, the Saganaga gold project has excellent potential\nfor a significant gold discovery. Historical drill holes on the project\ninclude intercepts of 30 gpt (grams per tonne) gold over 8.0 metres (m) from\nthe Powell vein and up to 5.36gpt gold over 20.0m in the Starr Zone. In\naddition, new prospecting by Benton in 2008 led to the discovery of a new vein\nsystem (Megan Zone) where grab samples returned up to 32gpt gold. The Megan\nZone has not yet been drill tested. Exploration plans for 2009 on the Saganaga\nproperty include mapping, prospecting, line cutting, ground geophysics and\ndiamond drilling.\n\n\nForester Au Property\n\n\nOwned 100% by Benton, the Forester project is situated 8km southwest of\nthe Musselwhite Mine, owned and operated by Goldcorp Inc. The Forester claim\nblock covers the strike extension of the iron formation that hosts the\nMusselwhite gold deposit. Historical diamond drilling has returned intercepts\ngrading 12gpt gold over 1.5m. A detailed airborne magnetic survey is scheduled\nto be completed before the end of March and will be used to help identify\npotential gold bearing structural traps within the iron formation, a similar\nsetting to the gold mineralization at the nearby Musselwhite Mine.\n\n\nBark Lake Cu-Ni-PGE Property\n\n\nBenton is earning 100% interest in this project from a local prospector. \nBenton has identified high grade copper, nickel, and platinum group e...