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Benchmark Discovers New Zone at Cliff Creek and Drills 18.24 g/t AuEq over 3.23 Metres

Edmonton, Calgary--(Newsfile Corp. - January 8, 2020) - Benchmark Metals Inc. (TSXV: BNCH) ...

articleThesis Gold & Silver Inc.January 8, 20203/company/thesis-gold-inc/news/benchmark-discovers-new-zone-at-cliff-creek-and-drills-1824-gt-aueq-over-323-metres
Benchmark Discovers New Zone at Cliff Creek and Drills 18.24 g/t AuEq over 3.23 Metres

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[{"type":"text","content":"Benchmark Discovers New Zone at Cliff Creek and Drills 18.24 g/t AuEq over 3.23 MetresEdmonton, Calgary--(Newsfile Corp. - January 8, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to report the discovery of a significant, new and broadly mineralized zone, located just 50 metres east of the known mineralization at Cliff Creek. Results from Benchmark's drill hole 19CCDD025 include high-grade and bulk-tonnage intercepts comprising 2.09 g/t gold and 87.83 g/t silver or 3.19 g/t AuEq across 36.30 metres core length, including 11.83 g/t gold and 513.21 g/t silver or 18.24 g/t AuEq across 3.23 metres core length.John Williamson, CEO of Benchmark, commented, \"The discovery of this broad, new zone of both high-grade and bulk-tonnage mineralization is highly encouraging as it could represent a parallel footwall structure to the main Cliff Creek zone, or the northern extension of the Dukes Ridge structure where it coalesces with Cliff Creek (Figure 1). Either scenario represents a major opportunity for Benchmark to pursue with further exploration in 2020. Benchmark's continued drilling success underscores the potential for further discovery and delineation of additional mineralized zones within the vast regions of alteration that exist across the 22,000 hectares of its relatively underexplored Lawyers Property\". Table #1 - Selected results from 19CCDD025HoleFrom (m)To (m)Gold (g/t)Silver (g/t)AuEq (g/t)*Interval**19CCDD02515.0039.000.8525.061.1724.00***including28.0028.617.81256.0011.010.61122.40158.702.0987.833.1936.30including135.97149.004.92222.227.7013.03including141.30147.238.79395.9013.745.93including144.00147.2311.83513.2118.243.23 *Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.**Intervals are core-length. True width is estimated between 80 to 90% of core length.***Includes ~2.86m void and some intervals of poor recovery (underground workings).Drill hole 19CCDD025 was designed to test shallow mineralization in the upper region of the Cliff Creek main zone (Figure 2). The main zone was intersected between 15 and 39 metres, including a 2.86m void related to underground workings. The zone included high-grade intervals within a broad zone of bulk-tonnage mineralization (Table 1) hosted in the hanging-wall of a steeply northwest dipping f...

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