Business
RETRANSMISSION: Benchmark Drills 118.00 Metres of 2.23 g/t Gold and 25.01 g/t Silver or 2.54 g/t Gold Equivalent near Surface at the Cliff Creek Deposit
Edmonton, Alberta--(Newsfile Corp. - February 23, 2022) - Benchmark Metals Inc. (TSXV: BNC...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"RETRANSMISSION: Benchmark Drills 118.00 Metres of 2.23 g/t Gold and 25.01 g/t Silver or 2.54 g/t Gold Equivalent near Surface at the Cliff Creek DepositEdmonton, Alberta--(Newsfile Corp. - February 23, 2022) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") is pleased to announce new results from 4 drill holes extending across 750 metres strike-length from the Cliff Creek North (CCN) to Cliff Creek Mid Zones. Drilling has yielded broad zones of bulk-tonnage and high-grade mineralization including 118.00 metres (m) core length of 2.23 grams per tonne (g/t) gold and 25.01 g/t silver or 2.54 g/t gold equivalent (AuEq)* with 5.05 m of 22.64 g/t gold and 89.58 g/t silver or 23.76 g/t AuEq* in drill hole 21CCDD085 (Figure 1). These results continue to demonstrate the precision of the geological modeling, intersecting strong mineralization where expected as well as testing the plunge of high-grade zones to depth. Continuity in mineralization remains open >550 metres vertical depth at Cliff Creek North and >450 metres vertical depth at Cliff Creek South, highlighting the potential for open pit as well as underground mining. New drilling during 2022 has yielded over >10,000 metres and continues to expand mineralization in multiple deposit areas. Benchmark's flagship Lawyers Gold-Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.John Williamson, CEO, commented, \"The new Cliff Creek drilling is providing gold and silver from surface to depth and is indicating significant high-grade material below the open pits. Mineralization in Cliffs North area is now drill defined to over 550 metres vertical depth. The new results have potential to pull the pit-shell below 340 metres depth as defined by last year's pit constrained MRE shell. P&E Engineering has begun work for the updated MRE with all final drill results expected within the next two (2) weeks.\"Project UpdateThe Company has received all drill results for the AGB Deposit and P&E Engineering has begun block modeling towards an expanded MRE. Benchmark anticipates a March 11th cut-off date where all drill results should be received to support the new updated MRE. The Project currently has two (2) drill rigs operating, completing +10,000 ...