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Benchmark Adds a Fifth Drill Rig at its Gold-Silver Project and Provides Program Update
Edmonton, Alberta--(Newsfile Corp. - July 22, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OT...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Adds a Fifth Drill Rig at its Gold-Silver Project and Provides Program UpdateEdmonton, Alberta--(Newsfile Corp. - July 22, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") is pleased to announce that it has added a fifth drill rig to its 50,000 metre drill program and provides an update on the drilling and field exploration completed to date. Over 10,500 metres has been completed from +60 drill holes targeting resource definition and expansion areas. Sample shipments to the laboratory are ongoing with assay results anticipated for early August. Benchmark's Lawyers gold-silver project is located in the Golden Horseshoe of north-central British Columbia, Canada.John Williamson, CEO commented, \"The addition of this third diamond drill rig increases our total drills on the project to five which will help us quickly advance towards our 50,000 metre program. The drilling program is going exceptionally well with the two diamond rigs performing ~30% ahead of anticipated drill meterage. Drilling at the Cliff Creek zone has intersected zones of alteration, veining, and mineralization in all holes to date. The geological field teams are performing detailed geological mapping, soil and rock sampling and the geophysical crews are near completion of ground magnetic and IP surveys at a number of zones.\"All 2020 drilling to date is focused on defining and expanding a mineral resource from three (3) key areas: 1. Cliff Creek Zone, 2. Dukes Ridge to Phoenix Zones, and 3. AGB Zone. Field work has been effective at advancing new drill targets for potential new discoveries at the Silver Pond Porphyry target and the Marmot Zone. Program UpdateDrilling +10,500 metres completed as of July 21+60 drill holes completed as of July 21 with drilling Cliff Creek and AGB zones3rd diamond drill rig added for a total of 5 rigsGeophysicsGround Magnetics/VLF nearing completion at both Marmot and the Silver Pond Porphyry targetIP survey at Silver Pond is scheduled to be complete on July 23rd MappingDetailed geological mapping is ongoing in the northern underexplored region of the propertySoil and Rock SamplingDetailed soil grids have been completed at several key zones and property wide soils are ongoing Results from soil and rock geochemistry could provide anomalous areas for expansion on known ...