New airborne coverage initiated for Kingurutik Lake Ni-Co-Co Project in Labrador

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[{"type":"text","content":"\n\n\n\nTHUNDER BAY, ON, March 3 /CNW/ - Benton Resources Corp. ("Benton") is\npleased to report that they have been notified by their joint venture partner\nTeck Cominco Limited ("Teck Cominco") that a 1673 line-kilometre AeroTEM II\nairborne survey has been started on the remaining ground not covered by last\nyears survey on the Kingurutik Lake joint venture land package. The new\nairborne survey is designed to delineate conductive sources associated with\nnickel and copper mineralization similar to that discovered as part of the\nairborne follow-up program last summer.\n\n\nTo date a total of 324 grab samples have been collected from numerous\nconductive target areas identified by the 2007 survey. The selected samples\nfrom many of the targets returned encouraging nickel, copper, and cobalt\nvalues. Ground geophysical (UTEM) surveying over one of the targets, target\n"P", detected a strong conductive response that may form part of a future\ndrill program. Target zones outlined by the 2007 airborne survey, which have\nbeen labeled alphabetically A through V, and rock sample results from these\ntargets and a location map, have been posted on Benton's Web site at\nwww.bentonresources.ca.\n\n\nTeck Cominco is the operator of the J.V and is currently developing a\nfollow-up exploration program for the 2008 field season. Teck Cominco can\nincrease their interest from 50% to 60% by spending the next $4 million on\nexploration. Both companies remain optimistic about the potential of the\nproject as the results demonstrate that most of the high priority\nelectromagnetic anomalies have associated copper-nickel-cobalt mineralization\nat surface.\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 safeharbor provisions of the Private Securities.\n\n\n","length":2306,"tagName":"div"}]

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