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Benchmark Advancing New Targets to the Drill-Ready Stage at Its Gold Silver Project
Edmonton, Alberta--(Newsfile Corp. - July 21, 2022) - Benchmark Metals Inc. (TSXV: BNCH) (OT...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Advancing New Targets to the Drill-Ready Stage at Its Gold Silver ProjectEdmonton, Alberta--(Newsfile Corp. - July 21, 2022) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to provide an update on exploration drill target planning near the Kodah and Round Mountain occurrences, located in the northwest portion of the Lawyers Gold-Silver project. High-grade gold and silver rock grab samples and kilometre-scale soil geochemical anomalies are robust areas of interest that are currently being advanced to the drill-testing stage with the collection of high-resolution ground magnetics and additional rock grab sampling and mapping. The Lawyers Gold-Silver project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada. John Williamson, CEO commented, \"The Kodah and Round Mountain targets represent additional exciting opportunities for new discoveries that have never been drill-tested. The robust soil anomalies and excellent precious metals grades in rock grab sampling over these areas have strong similarities to the geochemical signatures at the existing, large deposits at the Lawyers Gold-Silver Project. We look forward to completing the final ground magnetics and prospecting passes at Kodah and Round Mountain to finalize high-confidence drill targets. In addition, the Company is quickly advancing on its Preliminary Economic Assessment (PEA), due for imminent, near-term publication. Benchmark has advanced technical and engineering drilling in progress towards its Feasibility Study for 2023.\"Kodah-Round Mountain Target Area Highlights Robust soil anomalies in gold, silver, and pathfinder elements associated with epithermal-style mineralization, some of which have a kilometre-scale anomaly footprint (Figure 1). Similar geochemical signature to soil anomalies typical of the Lawyers project resource areas. High-grade historical grab sampling, including 29.14 g/t Au and 2125.7 g/t Ag or 55.71 g/t AuEq*, 26.06 g/t Au and 2142.9 g/t Ag or 52.85 g/t AuEq, and 18.86 g/t Au and 1508.5 g/t Ag or 37.72 g/t AuEq. The Company is currently completing the final stages of data collection over these areas prior to finalizing drill targets. Ground magnetics and bedrock mapping are ongoing in these areas and are ...