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Marathon Intersects 3.16 g/t PGM and Au and 0.40% Cu over 14 m at Benton's Bamoos-Claw Lake-Four Dams Property
THUNDER BAY, ON, April 30 /CNW/ - Benton Resources Corp ("Benton", BTC-TSX.v) and Marathon PGM Co...
About this update from Silver Valley Metals Corp
[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, April 30 /CNW/ - Benton Resources Corp ("Benton",\nBTC-TSX.v) and Marathon PGM Corporation ("Marathon", MAR-TSX) are pleased to\nannounce initial drilling results from the Bamoos-Claw Lake-Four Dams ("BCF")\nProperty. Benton's BCF Property adjoins Marathon's Copper and PGM Project near\nMarathon, Ontario and is currently being explored by Marathon under an option\nand joint venture agreement. Numerous wide intercepts of PGM and Au and copper\nmineralization were discovered. The results are very positive, as the limits\nof the Main Zone mineralization have been expanded with this initial phase of\ndrilling.\n\n\nHighlights:\n\n- drillhole MB-08-06 intersected 3.16 g/t PGM and Au and 0.40% Cu over\n 14 m (from 44-58 m)\n- drillhole MB-08-06 intersected 2.02 g/t PGM and Au and 0.32% Cu over\n 18 m (from 7-25m)\n- Main Zone extension on BCF Property to be included in Marathon\n feasibility study\n\nPhillip Walford, President and CEO noted, "Drilling the north end of the\nMain Zone extension will bring this area up to the measured and indicated\ncategory. The resource will be included in the feasibility study as part of\nthe ore reserves and should extend the potential mine life."\n\nResults from Marathon-Benton JV Drilling\n----------------------------------------\n------------------------------------------------------------------------\n True Total\n From To Thickness Pd Pt Au PGM and Cu\nHole (m) (m) (m) (g/t) (g/t) (g/t) Au (g/t) (%)\n------------------------------------------------------------------------\nMB-08-01 10 14 4 0.68 0.13 0.08 0.89 0.34\n------------------------------------------------------------------------\nMB-08-02 72 92 20 1.16 0.25 0.11 1.52 0.32\n------------------------------------------------------------------------\nincluding 86 92 6 2.17 0.46 0.24 2.87 0.49\n------------------------------------------------------------------------\nMB-08-02 106 116 10 0.84 0.64 0.32 1.00 0.21\n------------------------------------------------------------------------\nMB-08-05 8 32 24 0.92 0.72 0.19 1.00 0.31\n------------------------------------------------------------------------\nincluding 24 32 8 1.18 0.34 0.16 1.68 0.44\n------------------------------------------------------------------------\nMB-08-06 7 25 18 1.44 0.43 0.15 2.02 0.32\n----------------------...