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Benchmark Defines New Targets with High-Grade Gold and Silver and Completes over 31,000 Metres with Five Drill Rigs
Edmonton, Alberta--(Newsfile Corp. - August 19, 2021) - Benchmark Metals Inc.  (TSXV: BN...
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[{"type":"text","content":"Benchmark Defines New Targets with High-Grade Gold and Silver and Completes over 31,000 Metres with Five Drill RigsEdmonton, Alberta--(Newsfile Corp. - August 19, 2021) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to announce completion of over 31,000 metres of drilling at its ongoing program for resource expansion and advancement of new targets. The Company has 5 drill rigs operating with near-term plans to add a 6th drill rig. The Company has aggressively advanced new target areas with a significant regional exploration completed to date that includes geophysics, soil and rock sampling and mapping. With a proven exploration strategy significant new results from the 2021 work program include rock grab samples that assayed up to 16.4 g/t AuEq at Silver Creek and 34.4 g/t AuEq in the Silver Pond West zones, overlapping soil assays are pending. Benchmark's flagship Lawyers Gold-Silver Project is road accessible within the Golden Horseshoe area of north-central British Columbia, Canada.John Williamson, CEO, commented, \"The Company is on track to complete over 100,000 metres of total drilling during the 2021 program. The drilling will significantly expand the total gold-silver ounces in an updated Mineral Resource Estimate for 2022. The regional exploration program is outlining large new target areas and the drilling at the Marmot Zone, located 3 kilometres south of the main deposits, is showing potential to become a satellite deposit hosting significant gold-silver ounces.\"To date, visual alteration and geological core logging of the resource drilling expansion and conversion (to the indicated category) has noted significant expansion potential at all deposit areas. Visual mineralization and alteration in the drill core correlate with the geological model at the AGB and Cliff Creek deposits, suggesting significant potential to expand the deposits to the south and at depth. Drilling at the Marmot exploration target is well underway, with initial visual results comparable with last years drilling that returned 101.00 metres (core length) of 0.82 g/t AuEq (including 18.00 metres of 2.5 g/t Au), demonstrating significant potential to expand the area of mineralization along strike and at depth. Silver Creek and Silver Pond West The Silver Creek and Silver Pond W...