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Benchmark Extends the Cliff Creek Zone to over 1 Kilometre and Expands Resource Target Area for Further Drilling in 2019
Edmonton, Alberta--(Newsfile Corp. - August 27, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"Benchmark Extends the Cliff Creek Zone to over 1 Kilometre and Expands Resource Target Area for Further Drilling in 2019Edmonton, Alberta--(Newsfile Corp. - August 27, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") is pleased to report early drilling success at the southern extent of the Cliff Creek resource area (\"Cliff Creek South\" or \"CCS\") along the Lawyers Trend. Eleven (11) holes have intersected significant widths of intense alteration and multiphase veining across a +1 kilometre strike length. The most recently completed hole at the CCS zone exhibits 140 metres core length with alteration and multiphase veining. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral endowed 'Golden Horseshoe'.John Williamson, CEO commented, \"With our initial drilling results and reinterpretation of historical work, we have discovered a continuation of mineralization along-strike from the established Cliff Creek resource area. In response, the Cliff Creek South drilling plan has been expanded from three holes to at least nine holes for a total of approximately 2,400 metres with the fifth hole currently underway. Drilling at step-outs of 50 to 100 meters has expanded the CCS zone significantly. With historical and new drilling results showing mineralization right from surface, we are developing a large resource target. CCS mineralization remains open in all directions and offers an excellent opportunity to expand our gold-silver resources with high-grade and bulk-tonnage intercepts.\"The alteration and veining at the CCS zone is similar to the Cliff Creek resource area and comprises multiple stages of quartz veining and brecciation with associated potassic alteration and sulphides. The CCS zone now extends the Cliff Creek resource area to the south by over 1 kilometre. Benchmark's new drill-holes connect known mineralization along strike, including multiple historical drill-holes where potential had not been recognized. Continued drilling will follow alteration and veining to the south and at depth. Several additional holes will also test the zone to the north.The CCS zone has seen sporadic historical drilling (1987, 1990 and 2005) from which selected results include holes with a high-grade intercept...