Business

Benchmark Drills 52.91 Metres of 7.59 g/t AuEq Near Surface at The AGB Zone

Edmonton, Alberta--(Newsfile Corp. - March 17, 2021) -   Benchmark Metals Inc. (TSXV...

articleThesis Gold & Silver Inc.March 17, 20215/company/thesis-gold-inc/news/benchmark-drills-5291-metres-of-759-gt-aueq-near-surface-at-the-agb-zone
Benchmark Drills 52.91 Metres of 7.59 g/t AuEq Near Surface at The AGB Zone

About this update from Thesis Gold & Silver Inc.

[{"type":"text","content":"Benchmark Drills 52.91 Metres of 7.59 g/t AuEq Near Surface at The AGB ZoneEdmonton, Alberta--(Newsfile Corp. - March 17, 2021) -  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 including, 52.91 metres (m) of 5.95 grams per tonne (g/t) gold and 130.93 g/t silver or 7.59 g/t gold equivalent* (AuEq) and 4.47 m of 58.72 g/t gold and 958.39 g/t silver or 70.70 g/t AuEq. Drill holes 20AGBDD035/037/060 are located at the centre of the AGB zone and returned high-grade gold and silver intervals beginning near to surface. The AGB zone is providing potential for an open-pitable resource measuring >650 m long to a vertical depth >270 m. 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, \"Results at the core of the AGB system are really robust showing a high-grade starter pit area, near surface, at the center of the +650m long zone. Additionally, the more we continue to drill at the south end of the pit shell model it continues to deliver very strong results with expansion opportunities along strike and at depth. Further drilling in 2021 will likely expand the maiden resource at AGB which is expected in the coming weeks, forming part of a global resource for the project including Cliffs Creek and Dukes Ridge.\"A long section of the AGB deposit as shown in Figure 1 clearly shows a zone >200 m in length of high-grade near surface mineralization including 4.47 m of 70.70 g/t AuEq within 52.91 m of 7.59 g/t AuEq in hole 20AGBDD060. This strong mineralization continues to depth and remains open for drill testing in 2021. Limited historical drilling tested the southern extent of the AGB zone from which Benchmark has continued to intercept high-grade gold-silver mineralization flanked by broader zones of bulk tonnage mineralization during our 2019 and 2020 programs. The results contained within this release continue that trend with 4.72 m of 7.48 g/t AuEq within 43.00 m of 2.62 g/t AuEq in 20AGBDD035. Figure 1 - AGB long sectionTo view an enhanced version of Figure 1, please visit:https://orders.newsfilecorp.com/files/6169/77524_7fe44ca114bdd859_001full.jpgTable 1: Dril...

More updates from Thesis Gold & Silver Inc.