Business
Benchmark Drills 41.94 Metres of 2.82 g/t Gold Equivalent and Expands Mineralization at the AGB Zone
Edmonton, Alberta--(Newsfile Corp. - October 20, 2020) -  Benchmark Metals Inc. (TSXV: ...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Drills 41.94 Metres of 2.82 g/t Gold Equivalent and Expands Mineralization at the AGB ZoneEdmonton, Alberta--(Newsfile Corp. - October 20, 2020) -  Benchmark Metals Inc. (TSXV: BNCH) (OTCQX : BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to announce new results from a series of drill holes at the AGB zone where broad zones of mineralization yielded up to 41.94 metres (m) of 1.49 grams per tonne (g/t) gold and 106.84 g/t silver or 2.82 g/t gold equivalent* (AuEq) in addition to high-grade intervals of 3.80 m of 11.76 g/t gold and 630.61 g/t silver or 19.64 g/t AuEq. Current drilling at the AGB Zone has expanded gold-silver mineralization to the west and shows continuity over a +600 metre strike length. Benchmark's flagship gold-silver project is located in a road accessible area of the Golden Horseshoe in north-central British Columbia, Canada.AGB HighlightsDrilling continues to intersect strong zones of mineralization along the entire 600 metre strike extent of the AGB zone with these new results highlighting the significant resource building potential of this zone in addition to Cliffs Creek and Dukes Ridge.New results from the AGB zone include broad bulk-tonnage zones, higher-grade bulk tonnage zones and high-grade zones Table 1, full drill results are included in Table 2.Table #1: Summary of the various styles of mineralized intercepts Style of min.DrillholeInt.Au (ppm)Ag (ppm)AuEq (ppm)Broad Bulk Tonnage20AGBDD00441.941.49106.842.8220AGBRC00291.440.6524.690.9620AGBRC00351.821.4922.011.76High-Grade Bulk-Tonnage20AGBDD00314.244.1561.234.9220AGBRC00315.243.8428.614.2High-Grade 20AGBDD0043.8011.76630.6119.6420AGBRC0031.5218.442.5018.9320AGBRC0051.539.04257.0012.25 *Gold equivalent (AuEq) calculated using 80:1 gold to silver ratio.These new results are extending strong, broad zones of mineralization from surface to >270 m vertical depth and continue to validate our drill targeting.Significant step out drilling targeting the extension of the AGB west zone, >170 metres south of the historic underground workings has intersected broad bulk tonnage mineralization with higher grade zones and appears to be increasing in grade at depth, see Image #2.To date in 2020 61 holes and 11,863 metres have been completed at AGB and property wide Benchmark has surpassed 66,000 m from 319 holes.Disclo...