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RETRANSMISSION: Benchmark Expands New Discovery Area with 77.00 Metres at 1.56 g/t Gold Equivalent of Gold-Silver Mineralization
Edmonton, Alberta--(Newsfile Corp. - May 24, 2022) - Benchmark Metals Inc.   (TSXV: BNC...
About this update from Thesis Gold & Silver Inc.
[{"type":"text","content":"RETRANSMISSION: Benchmark Expands New Discovery Area with 77.00 Metres at 1.56 g/t Gold Equivalent of Gold-Silver MineralizationEdmonton, Alberta--(Newsfile Corp. - May 24, 2022) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the \"Company\" or \"Benchmark\") is pleased to announce new results from exploration drilling at the Marmot Zone. Results include additional assays that have more than doubled the length of the previously reported mineralized intercept in drill hole 21MLDD004 from 30.0 metres (see October 27, 2021 news release) to 77.0 metres (m) core length of 1.11 grams per tonne (g/t) gold (Au) and 35.93 g/t silver (Ag) or 1.56 g/t gold equivalent* (AuEq). This broad, bulk-tonnage type intercept also contains significant high-grade, including the previously reported 3.00 m of 16.29 g/t Au and 599.67 g/t Ag or 23.79 g/t AuEq. The results have provided similar mineralization to the Company's multi-million-ounce gold-silver deposits located 3 kilometres to the northwest (Figure 1). Exploration work to date at Marmot includes 29 drill holes totaling approximately 8,700 m, together with extensive rock and soil sampling programs and multiple ground-based geophysical surveys. The Marmot discoveries appear similar to the known deposit areas the Company has defined within its flagship, 100% owned Lawyers Gold-Silver Project, located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.John Williamson, CEO commented, \"The Marmot Zone results continue to demonstrate the new discovery potential that could add more gold and silver mineralization to it's established multi-million ounce deposits. Benchmark will soon deliver a larger Mineral Resource Estimate from near 100,000 metres of new drilling in 2021 and 2022. We anticipate the new Resource to de-risk the Project with a majority of gold and silver ounces in the Measured + Indicated category.\"HighlightsTwo significant zones of broad bulk-tonnage and high-grade mineralization intercepted at the Marmot Zone, similar in nature to the zones of mineralization encountered within the deposit areas at Cliff Creek and AGB. Drill hole 22MLDD002 intersected 47.00 m of 1.03 g/t Au and 44.32 g/t Ag or 1.58 g/t AuEq including 3.00 m of 12.10 g/t Au and 430.08 g/t Ag or 17.48 g/t AuEq, providing an additi...