Benton Resources, Inc. · TSXV:BEX
Benton Resources — Investor Presentation (October 2022)
24 slides from Benton Resources's investor presentation, October 2022
Slide 1: The Kraken Pegmatite Swarm
2022 The Kraken Pegmatite Swarm An emerging new lithium discovery in Southwestern Newfoundland TSXV: BEX | TSXV: SIC | OTCQB: SICNF
Slide 2: Forward-Looking Statements
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Forward-Looking Statements During the course of this presentation, Benton Resources Inc. & Sokoman Minerals Corp. ("The Alliance") may make forward-looking statements with regards to the Alliance’s projects and or business plans. Statements may also be made with
Slide 3: Golden Hope Joint Venture – Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture – Kraken Lithium Discovery The key structural control on lithium districts is recognized along the length of the Appalachian – Caledonian Orogen (Leinster – UK; Piedmont – USA; Kraken – Newfoundland) Major collisional boundary Significan
Slide 4: Appalachian Orogen in Newfoundland
TSXV: BEX | TSXV: SIC | OTCQB: SICNF APPALACHIAN OROGEN IN NEWFOUNDLAND Does Newfoundland have potential to host significant lithium deposits? Hermitage Flexure part of a major Appalachian collision zone between Laurentia and Gondwana Locus of peak Appalachian Siluro-Devonian magmatism, deformation
Slide 5: Kraken Lithium Discovery Infrastructure
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Infrastructure The high value of spodumene concentrate is mostly determined by great infrastructure • Close to paved roads (14 kms) • High voltage substation at Grandy’s Brook (10 kms) • Ice-free deep water por
Slide 6: Kraken Lithium Discovery Infrastructure
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Infrastructure The high value of Kraken Lithium Project spodumene concentrate is mostly determined by great infrastructure • Close to paved roads (14 kms) • High voltage substation at Grandy’s Brook (10 kms) Pi
Slide 7: Golden Hope JV – Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium Discovery A 50/50 Joint Venture between Sokoman Minerals Corp. and Benton Resources Inc. • First ever Lithium discovery on the mining friendly Island of Newfoundland • Significant grades (up to 2.37% Li2O surface grabs) in pegmatit
Slide 8: Golden Hope JV – Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium Discovery A 50/50 Joint Venture between Sokoman Minerals Corp. and Benton Resources Inc. • Exploration for lithium in the Carolina Tin-Spodumene Belt (Piedmont Lithium); and at Leinster belt (Ireland) has been conducted for decades
Slide 9: Kraken Lithium Discovery – The new green future is fast approaching
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery – The new green future is fast approaching • How do we unlock value for shareholders of Benton and Sokoman? • Possibility of spinning out new pure lithium company? • A new lithium company would be more focused on advancing green energy me
Slide 10: Golden Hope Joint Venture – Kraken Lithium
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Multiple untested dykes with grades exceeding 2%Li2O Only a small portion of the Dyke system tested to date 1010 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 10
Slide 11: Golden Hope Joint Venture – Kraken Lithium
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Multiple untested dykes discovered to date with some grades exceeding 2% Li2O Only a small portion of the Dyke system tested to date 1111 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 11
Slide 12: Tourmaline (Boron) – important regional indicator
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Tourmaline (Boron) – important regional indicator - Kraken has a lot! Metasedimentary domain lots of mica - host rock for Kraken dykes Numerous granitic plutons with correct chemistry – possible parent source of fluids? 1212 www.sokomanmineralscorp.com | TSXV:SIC
Slide 13: Kraken Lithium Discovery Surface Sampling Results
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery Surface Sampling Results 1313 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 13
Slide 14: GH-22-01 drills 8.4m spodumene rich pegmatite dyke zone
TSXV: BEX | TSXV: SIC | OTCQB: SICNF GH-22-01 drills 8.4m spodumene rich pegmatite dyke zone with up to 1.76% Li2O; 0.95% Li2O over full length Multiple dykes Spodumene – pale green crystals intersected in 5-hole DDH GH-22-01 recon program testing only the discovery area (~ 100 m Golden Hope Propert
Slide 15: Trenching showing multiple stacked and folded lithium rich dykes
Golden Hope Joint Venture Trenching showing multiple stacked and folded lithium rich dykes in the NE end of Kraken swarm 1515 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 15
Slide 16: First ever drilling on the main Kraken Dyke
Golden Hope Joint Venture First ever drilling on the main Kraken Dyke Grades exceeding 1% Li2O with a highlight of 8.4m grading 0.95% Li2O. Hole GH-22-04 was collared just ahead of main Kraken dyke, recognized after surface trenching 1616 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 16
Slide 17: First ever drilling on the Kraken Dyke system
Golden Hope Joint Venture First ever drilling on the Kraken Dyke system Grades exceeding 1% Li2O with a highlight of 16.2m grading 0.43% Li2O. Multiple lithium rich dykes intercepted 1717 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 17
Slide 18: First ever drilling on the East Dyke system
Golden Hope Joint Venture First ever drilling on the East Dyke system Multiple stacked lithium rich dykes Dykes are wide open for expansion 1818 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 18
Slide 19: First ever drilling on the East Dyke system
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture First ever drilling on the East Dyke system Multiple thick stacked lithium rich dykes Dykes are wide open for expansion 1919 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 19
Slide 20: Kraken Lithium Discovery soil geochem survey
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery - New soil geochem survey pinpointed known mineralized zones - Many new soil anomalies have been identified with the survey - Regional sampling will be completed over the entire 60km of the property 2020 www.sokomanmineralscorp.com | TSXV
Slide 21: Soil geochem proving to be very effective exploration tool
Soil geochem proving to be very effective exploration tool Soils pinpointed known lithium dykes While proving to identify new targets and zones 2121 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 21
Slide 22: New discovery of Lepidolite dyke 12km NE of Kraken
New discovery of Lepidolite dyke 12km NE of Kraken with tremendous potential between and along the granite-sediment contact
Slide 23: Kraken Lithium Prospect – Moving Forward
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope Joint Venture Kraken Lithium Prospect MOVING FORWARD 2022-23 Aggressive field program - Extensive prospecting and soil sampling - Geological mapping, trenching and minimum 20,000m drill program 2323 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICN
Slide 24: Acknowledgements
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Acknowledgements Zsuzsanna Magyarosi – GSNL Heather Campbell – GSNL Sean O’Brien – Far Eastern Geoscience Steve Stares – Benton Resources Inc. Newfoundland Helicopters Springdale Forest Resources South Coast Construction Inc. THANK YOU! tim@sokomanmineralscorp.co
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