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Diamond drill mobilized to Armit Lake Property

THUNDER BAY, ON, March 18 /CNW/ - Benton Resources Corp. ("Benton" or the "Company") is pleased t...

articleSilver Valley Metals CorpMarch 18, 20084/company/silver-valley-metals-corp/news/diamond-drill-mobilized-to-armit-lake-property
Diamond drill mobilized to Armit Lake Property

About this update from Silver Valley Metals Corp

[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, March 18 /CNW/ - Benton Resources Corp. ("Benton" or the\n"Company") is pleased to report that in addition to ongoing drilling at Bark\nLake, a diamond drill rig has now arrived at the 100% owned Armit Lake\nProperty and coring will start immediately. The program at Armit will\nencompass at least 15 drill holes for a minimum of 2000 metres and is designed\nto test numerous ground geophysical anomalies, magnetic and MaxMin\nelectromagnetic (EM) conductors. Some of the EM anomalies are associated with\nsulphide-chert-magnetite iron formation while others are covered by\noverburden. Individual selected grab samples collected by Company personnel\nreturned assays grading up to 25.4 gram per tonne gold and 1.24% copper\nassociated with the iron formations and up to 4.17% nickel associated with\nultramafic bodies in close proximity to the iron formations.\n\n\nPoor access to the property has hampered historical exploration efforts\nhowever new logging roads have greatly improved access. A search of the\ngovernment assessment files indicate the targets to be tested have seen\nvirtually no historical ground work. The results of the drill program will be\nreleased as they are received.\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 Litigation Reform act of\n\n\n1995. Investors are cautioned that such forward-looking statements\n\n\ninvolve risks and uncertainties.\n\n\n","length":1970,"tagName":"div"}]

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