Benton Resources, Inc. · TSXV:BEX
Benton Resources — Investor Presentation (November 2024)
23 slides from Benton Resources's investor presentation, November 2024
Slide 1: Advancing the High-Grade Great Burnt Copper-Gold Project in Central Newfoundland
TSXV: BEX Advancing the High-Grade Great Burnt Copper-Gold Project in Central Newfoundland Corporate Presentation - Nov 2024
Slide 2: Forward-Looking Statements
TSXV: BEX Forward-Looking Statements During the course of this presentation, Benton Resources Inc. may make forward-looking statements with regards to the company’s projects and or business plans. Statements may also be made with regards to the company’s business strategy, products, partners, and ma
Slide 3: Enormous potential with over 25km of underexplored Mineral Belt
TSXV: BEX Enormous potential with over 25km of underexplored Mineral Belt • Experienced Team with award winning track record • Well funded with over $4m cash and equities in the bank • Huge geological system with over 25 km of potential strike in a world class mining jurisdiction (Newfoundland, Cana
Slide 4: Great Burnt Property Attributes and New Targets
TSXV: BEX Great Burnt Property Attributes and New Targets • NI 43-101 Compliant Resource Estimates Area Class Tonnes Cu (%) Cu (Mlb) Indicated 667,000 3.21 53.2 Great Burnt Inferred 482,000 2.35 28.4 Area Class Tonnes Cu (%) Cu Au Au CuEq* CuEq (Mlb) (g/t) (koz) (%) (Mlb) Indicated 214,000 1.26 6.0
Slide 5: Great Burnt Property Deposit Model
TSXV: BEX Great Burnt Property Deposit Model • Great Burnt Copper Deposit is a Mafic-Siliciclastic or Besshi-Type VMS deposit type • Hosted in belts containing mafic volcanic rocks, volcaniclastic and intrusive rocks and abundant sedimentary rocks • Typically associated with back-arc (and forearc) e
Slide 6: Formation of VMS and Gold system modified by folding and metamorphism
TSXV: BEX Formation of VMS and Gold system modified by folding and metamorphism • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high- grade zones. • Relogging of various drill holes at South Pond also confirm this theory • Ore zone closely associated
Slide 7: Great Burnt Copper - South Pond Gold and Regional interpretation
TSXV: BEX Great Burnt Copper - South Pond Gold and Regional interpretation • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high-grade zones. • Relogging of various drill holes at South Pond also confirm this theory • Ore zone closely associated with h
Slide 8: Great Burnt Copper Deposit Area: Magnetics, EM Conductors and Drill Holes
TSXV: BEX Great Burnt Copper Deposit Area: Magnetics, EM Conductors and Drill Holes • Great Burnt Deposit extended from previous 650m strike to North Stringer 850m strike and open for expansion Copper Gold Zone • Extensive number of untested conductors • 12,000 m in three phases of drilling program
Slide 9: Great Burnt Copper Selected Drilling Highlights
TSXV: BEX Great Burnt Copper Selected Drilling Highlights Previous drilling by Spruce Ridge • GB20-05: 27.20m of 8.06% Cu, incl 7.75m of 16.88% Cu • GB20-20: 22.75m of 6.89% Cu, incl 12.55m of 10.59% Cu • GB18-05: 20.94m of 6.21% Cu, incl 6.98m of 10.71% Cu • GB18-06: 9.97m of 7.45% Cu, incl 5.03m o
Slide 10: Great Burnt Deposit Area: Downhole EM Survey
TSXV: BEX Great Burnt Deposit Area: Downhole EM Survey • Seven drill holes selected to conduct downhole EM survey – March 2024 • Survey to evaluate continuation of deposit along strike and down-plunge to the south, as well as shallower up-dip and down-dip extensions • Eastern Geophysics and Crone Ge
Slide 11: Great Burnt Deposit
TSXV: BEX Great Burnt Deposit • Copper intercepts for main Great Burnt Deposit are indicated in red • New geophysical conductors indicated in green were identified • Drilling has confirmed and validated the existence of the outlined anomaly with phase 3 program hitting massive sulphide over substant
Slide 12: Great Burnt Deposit – Long Section w/Phase 3 Drilling Locations
Great Burnt Deposit – Long Section w/Phase 3 Drilling Locations GB-24-48
Slide 13: South Pond Copper-Gold Area: Magnetics, EM Conductors and Drill Holes
TSXV: BEX South Pond Copper-Gold Area: Magnetics, EM Conductors and Drill Holes South Pond Main South Pond Cu- Copper - Gold Au Resource Area • Main South Pond Copper-Gold Deposits untested since the 1970s with 7 new holes pending results • Recent trenching exposed high-grade Copper and Gold: up to
Slide 14: Enormous potential at South Pond Copper and South Pond Gold Zones
TSXV: BEX Enormous potential at South Pond Copper and South Pond Gold Zones • Over 3km of Strike and still open with possibility of parallel zones • Historical holes sometimes drilled over or under the zone due to the folding • Detail mapping of outcrop and trench exposures confirmed tight and large
Slide 15: Historical South Pond Gold Zone Drill Section
TSXV: BEX Historical South Pond Gold Zone Drill Section • Historical holes sometimes drilled over or under the zone due to the folding • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high- grade zones. • Relogging of various drill holes at South Pond
Slide 16: South Pond Gold Zone Selected Drilling Highlights
TSXV: BEX South Pond Gold Zone Selected Drilling Highlights Previous drilling by Spruce Ridge • SP21-01: 1.69g/t Au over 51.00 m, including 3.19g/t Au over 11.00 m • SP21-03: 2.36g/t Au over 15.00 m, including 11.33g/t Au over 1.00 m • SP21-08: 1.75g/t Au over 21.20 m, including 2.82g/t Au over 10.2
Slide 17: South Pond Gold Zone Drill Section
Figure 1: South Pond Section 5363000N TSXV: BEX South Pond Gold Zone Drill Section • Historical holes sometimes drilled over or under the zone due to the folding • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high-grade zones. • Relogging of various
Slide 18: South Pond Gold Zone Drill Section
Figure 2: South Pond Section 5363060N TSXV: BEX South Pond Gold Zone Drill Section • Historical holes sometimes drilled over or under the zone due to the folding • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high- grade zones. • Relogging of various
Slide 19: South Pond Gold Zone Drill Section
Figure 3: South Pond Section 5362525N TSXV: BEX South Pond Gold Zone Drill Section • Historical holes sometimes drilled over or under the zone due to the folding • Detail mapping of outcrop and trench exposures confirmed tight and larger scale folding of the high- grade zones. • Relogging of various
Slide 20: Large Nickel soil anomaly associated with large Magnetic anomaly
Large Nickel soil anomaly associated with large Magnetic anomaly show the potential for high grade massive sulphide and lower grade awaruite such a First Atlantic Nickel to the East
Slide 21: Milestones and Outlook for 2024
TSXV: BEX Milestones and Outlook for 2024 Great Burnt • Phases 1,2 and 3 (12,000 m) drill programs were extremely successful with stringer/semi-massive/massive sulphides intersected in nearly all 47 drill holes, expanding the known deposit limits and confirming high-grade copper core throughout the
Slide 22: Capital Structure (as of September 2024)
TSXV: BEX Capital Structure (as of September 2024) Shares Issued 196 million Warrants ($0.20-0.25) 21.6million Options ($0.07-0.20) 8.7 million Fully Diluted 226.2 million Market Cap $17.0 million Cash Position = $2.5 million Equity Holdings = >$2.0 million 22
Slide 23: Stephen Stares President & CEO
TSXV: BEX Stephen Stares President & CEO sstares@bentonresources.ca Nicholas Konkin Investor Relations nick@grovecorp.ca Website: www.bentonresources.ca 23
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