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Benchmark Drills New Discovery Yielding 101 Metres of 0.82 g/t Gold Equivalent, Including 2 Metres of 14.52 g/t Gold Equivalent
Edmonton, Alberta--(Newsfile Corp. - January 13, 2021) - Benchmark Metals Inc. (TSXV: BNCH) ...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Drills New Discovery Yielding 101 Metres of 0.82 g/t Gold Equivalent, Including 2 Metres of 14.52 g/t Gold EquivalentEdmonton, Alberta--(Newsfile Corp. - January 13, 2021) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") is pleased to announce that its initial five-hole drill program at the Marmot Zone has discovered a significant gold and silver mineralizing system. This includes both bulk tonnage and high-grade mineralization similar to the Cliffs Creek deposit (Figure 1). The results provide a template of favourable indicators for multiple new discoveries along the 20 kilometre gold-silver Lawyers Trend. 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 new gold-silver discovery is very encouraging given the limited number of drill holes, excellent intercepts, and recognition of the same types of alteration and mineralization observed at Cliff Creek, 3 kilometres to the northwest. Although its early days the potential mineralized footprint of the Marmot and Marmot East zones could rival that of the Cliff Creek zone, and it's taken over 300 drills holes to work that up to a multi-million ounce gold target. Planning is underway for a significant 2021 drill program at Marmot and Marmot East to expand on the mineralization and potentially add satellite resources to the Cliffs Creek-AGB-Dukes deposits. This discovery also provides additional geological support that our surface exploration programs are very effective at identifying new mineralized zones. As we continue to explore and evaluate the entire +20 kilometre long, Lawyers gold-silver trend we believe there is potential for additional discoveries across our district scale 140km2 land package.\"Marmot ZoneFive diamond drill holes totaling 1,434 metres were completed at MarmotFour of the five holes returned significant near surface gold and silver mineralization including: 101.00 m core length of 0.82 g/t AuEq with 4 separate high grade intersects with the best assaying 2.00 m core length of 14.52 g/t AuEq (Figure 2)Four holes tested mineralized structures over a strike extent of 50 metres with the fifth and most successful hole 250 metres along strike to the southeast. The m...