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Benchmark Expands Zone of Mineralization over 300 Metres Along Strike with New Gold-Silver Intersections on Periphery of Existing Resource

Edmonton, Alberta--(Newsfile Corp. - October 6, 2021) - Benchmark Metals Inc.  (TSXV: BN...

articleThesis Gold & Silver Inc.October 6, 20213/company/thesis-gold-inc/news/benchmark-expands-zone-of-mineralization-over-300-metres-along-strike-with-new-gold-silver-intersections-on-periphery-of-existing-resource
Benchmark Expands Zone of Mineralization over 300 Metres Along Strike with New Gold-Silver Intersections on Periphery of Existing Resource

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[{"type":"text","content":"Benchmark Expands Zone of Mineralization over 300 Metres Along Strike with New Gold-Silver Intersections on Periphery of Existing ResourceEdmonton, Alberta--(Newsfile Corp. - October 6, 2021) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") - is pleased to announce new results from an initial series of drill holes at the Connector Zone that have successfully delineated near-surface continuity of gold and silver mineralization between the Cliff Creek Deposit and the Dukes Ridge Deposit (Figure 1). This new zone is located outside of and marginal to the existing resource, extending over ~300 metres strike-length ~130 metres vertical depth. The Connector Zone remains open to depth and across strike with multiple zones and will be subject to additional expansion drilling. The discovery of new broad mineralization and high-grade material at surface has the potential to increase gold-silver ounces in an updated mineral resource estimate and provide the potential for a higher-grade starter pit in near-term engineering studies.New results from surface include: 41.15 metres (m) core length of 1.31 grams per tonne (g/t) gold and 30.77 g/t silver or 1.69 g/t gold equivalent* (AuEq) in drill hole 21CCRC016 (Figure 2), and;10.67 m of 3.45 g/t gold and 181.81 g/t silver or 5.72 g/t AuEq in drill hole 21DRRC005.Deeper intercepts demonstrate continuity of these broad zones of mineralization with high-grade material increasing at depth, this includes 53.34 m core length of 0.55 g/t gold and 55.61 g/t silver or 1.24 g/t AuEq with 1.52 m of 8.03 g/t gold and 1,220.00 g/t silver or 23.28 g/t AuEq in drill hole 21CCRC014. These significant new results also show the potential for new broad zones of mineralization linking the north end of the Connector Zone with the eastern margins of Cliff Creek North as seen in drill hole 21CCRC018 with 25.91 m of 2.40 g/t Au and 47.99 g/t silver or 3.00 g/t AuEq including 9.14 m of 5.66 g/t gold and 110.33 g/t silver or 7.04 g/t AuEq). The discovery of broad mineralization from surface within the connector zone generates flexibility and potential for higher-grade starter pits and provides significant rewards to potential future mine production schedules. The east and west margins of the Connector Zone were previously modeled as waste in the resource model (se...

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