Benton Resources Corp. (BTC) receives confirmation from partner on Kingurutik Lake copper-nickel-cobalt project in Labrador

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[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, Nov. 13 /CNW/ - Benton Resources Corp. ("Benton") is\npleased to report that Benton has been notified by its partner Teck Cominco\nLimited ("Teck Cominco") that under the Kingurutik Lake (previously King Lake)\nparticipation agreement Teck Cominco has elected to exercise its right to earn\na further 10% interest in the project, thereby increasing its interest to 60%,\nby spending the next $4 million in exploration on the project.\n\n\nBenton management believes that Teck Cominco's decision continues to\nsupport the fact that the project is an exceptional Cu-Ni-Co exploration\nproject that has the possibility to host a large magmatic Cu, Ni and Co type\ndeposit at Kingurutik Lake where grab sample results assayed up to 6.0% Cu,\n1.18% Ni and 0.26% Co associated with conductive zones on the large property.\nThe target zones outlined by the airborne survey have been labeled\nalphabetically A through V and sample results for all targets, along with a\nlocation map, have been posted on Benton's Web site 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\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\nharbor provisions of the Private Securities Litigation Reform act of 1995.\nInvestors are cautioned that such forward-looking statements involve risks and\nuncertainties.\n\n\n","length":1790,"tagName":"div"}]

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