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Benchmark Completes 6,000 Metres of Drilling to Date and Expands Mineralization Beneath the Dukes Ridge Deposit
Edmonton, Alberta--(Newsfile Corp. - July 20, 2023) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Completes 6,000 Metres of Drilling to Date and Expands Mineralization Beneath the Dukes Ridge DepositEdmonton, Alberta--(Newsfile Corp. - July 20, 2023) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to announce that it has completed over 6,000 metres of drilling at the Dukes Ridge and Cliff Creek deposits since commencement of drilling July 1, 2023. The drilling is focused on expanding resources beneath the Cliffs Creek and Dukes Ridge Deposits. This forms part of a larger 20,000-metre drilling program planned for this year. Benchmark's flagship Lawyers Gold-Silver Project (the \"Project\") is located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.John Williamson, CEO and Chairman commented, \"Our drilling to date continues to encounter significant mineralization beneath the Dukes Ridge Open Pit Deposit. While our previous PEA was based solely on open-pit mining, we see a significant opportunity to introduce underground mining methods. This could potentially increase the mineable resource and introduce higher-grade material earlier in the mine life. Dukes Ridge offers a significant topographical advantage for accessing deeper material via a short-distance adit. The continued mineralization at depth underscores this significant potential. These developments align with our strategy of making significant improvements on the already robust PEA as the project progresses.\"Dukes Ridge and Cliff Creek DrillingDrilling at Dukes Ridge has intersected mineralization and hydrothermal breccia zones where expected based on mineralization and stope models. The drilling further extends the deposit at depth along the southeast plunging high-grade trend. These new intersections extend mineralization to 400 vertical metres at Dukes Ridge.Drilling at Cliff Creek is designed to both expand and extend mineralization to over 600 vertical metres at the north end of the deposit. To date the Cliffs Creek and the Dukes Ridge Deposits are open and contain significant grade and widths for inclusion into the current underground resources. In addition, Cliff Creek and Dukes Ridge, drilling has been conducted to expand mineralization beneath the Connector Zone which lies at the intersection of the Cliffs Creek and Duke...