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Benchmark Drills 15.00 Metres of 7.02 g/t Gold and 307.91 g/t Silver, Expanding Mineralization to over 500m Depth at Cliff Creek
Edmonton, Alberta--(Newsfile Corp. - December 8, 2020) -   Benchmark Metals Inc.  (T...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Drills 15.00 Metres of 7.02 g/t Gold and 307.91 g/t Silver, Expanding Mineralization to over 500m Depth at Cliff CreekEdmonton, Alberta--(Newsfile Corp. - December 8, 2020) -  Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to announce the deepest gold-silver mineralization intersected to date at the northern portion of the Cliff Creek deposit. Hole 20CCDD070 intersected significant mineralization at over 425m below surface, which extends the depth of the deposit by 50+ metres below the base of the open pit model and remains open. Further assay results are pending from a tier of holes that extend up to 100m beneath this hole, with the drill core showing similar alteration and visible gold-silver mineralization. The combined results have excellent potential to positively impact the future resource estimate and extent of the open pit model economics. Benchmark's flagship Lawyers Gold-Silver Project is located in a road-accessible area of the Golden Horseshoe in north-central British Columbia, Canada.John Williamson, CEO, commented, \"This drill hole and the surrounding ones are successfully expanding gold and silver to new depths. The Cliff Creek North area is providing continuous, impressive grades from surface with high-grade material at depth. The new depth extensions are yielding impressive intersections that include 1,036 g/t silver and 22.6 g/t gold over 4.3 metres core length. The excellent results from the first of these deep holes confirm our geological model and indicate that this robust mineralizing system remains strong and open at depth. We look forward with great expectations to receiving results from the adjacent drill holes.\"Table #1: New results from the Cliff Creek Zone.Drill-Hole From (m)To (m)Interval** (m)Gold (g/t)Silver (g/t)Au-Eq* (g/t)20CCDD070435.00450.0015.007.02307.9110.87435.00439.304.3022.571036.0735.52 * 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.Cliff Creek HighlightsMineralization in the deeper parts of Cliff Creek North is characterized by a single-phase hydrothermal breccia with a quartz-sulfide rich matrix, containing visible native silver, gold, and electrum. The hydrothermal breccia occurs within ...