Slide 1: TSXV BEX Q3 2025
TSXV BEX Q3 2025 Market Cap Cash & Equities Canadian Owned Exposure Active Drilling $15.5M $4.6M 100% Au, Cu, Li 15,000M
Slide 2: Unlocking High-Grade Gold & Copper in Newfoundland
Market Cap $15.5M Cash & Equities $4.6M Canadian Owned 100% UNLOCKING HIGH-GRADE Exposure GOLD & COPPER Au, Cu, Li Active Drilling 15,000M IN NEWFOUNDLAND TSXV BEX Q3 2025
Slide 3: Forward-Looking Statements
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 market posit
Slide 4: Why Newfoundland? Why Now?
WHY NEWFOUNDLAND? WHY NOW? MING Benton controls 2 high-grade projects in Central Newfoundland with massive discovery potential. VALUATIONS ARE LOW – DRILL RESULTS ARE NOT! BUCHANS DOMINION DUCK POND GREAT BURNT Same Geological Trend as Home to Multiple Past-Producers Strong Government High-Grade Cop
Slide 5: Investment Highlights
INVESTMENT HIGHLIGHTS DRILLING SUCCESS DISTRICT-SCALE PLAY 23,000m drilled; copper Over 25km of intercepts up to 16.88% Cu underexplored stratigraphy WELL-FUNDED DISCOVERY TRACK RECORD $4.6M in cash and equities Award-winning technical team TOP JURISDICTION ONGOING CATALYSTS Road access + hydro near
Slide 6: Copper Drill Results World Class
COPPER DRILL 27.2m @ 8.06% Cu RESULTS Including 7.75m @ 16.88% WORLD CLASS SOME OF THE BEST COPPER 26.87m @ 7.18% Cu GRADES IN CANADA TODAY Including 11.16m @ 10.28% 25.42m @ 5.51% Cu Many holes include + Gold + Silver credits intervals over 10% Cu
Slide 7: NI 43-101 Defined Resource with Expansion Potential
NI 43-101 DEFINED RESOURCE WITH EXPANSION POTENTIAL GREAT BURNT INDICATED 667,000t @ 3.21% Cu = 53.2M lbs Cu INFERRED 482,000t @ 2.35% Cu = 28.4M lbs Cu ALL ZONES REMAIN OPEN SOUTH POND CONTAINS BOTH CU AND AU WITH CUEQ GRADES OVER 2% FOR EXPANSION IN MULTIPLE DIRECTIONS AREA CLASS TONNES Cu (Mlb) I
Slide 8: Great Burnt Project = Large, Copper-Rich VMS System
GREAT BURNT COPPER-RICH MASSIVE SULPHIDES PROJECT = MAFIC VOLCANICS LARGE, COPPER RICH VMS SYSTEM BENTON HAS ONLY SCRATCHED THE SURFACE OF A LARGE SYSTEM Similar to known Canadian Besshi-type VMS deposits Hosted in favourable volcanic-sedimentary rocks ARGILLITE Ongoing research partnership with Mem
Slide 9: Growth & Discovery Momentum
Multiple Large Deep Untested Conductive EM Anomalies Associated Shallow South Pond with Known Mineralization Copper Gold Zone GROWTH & DISCOVERY MOMENTUM Strike Length Extended from 600m → 950m New “Footwall Zone” shows major upside Untested conductors, soil anomalies, and EM targets Poorly tested “
Slide 10: South Pond Gold-Copper Discovery Zone
SOUTH POND GOLD-COPPER DISCOVERY ZONE Untouched since In 2024, Benton drilled Surface samples the 1970s 7 New Holes 5.67% Cu Until Benton Confirmed Strike over 3km 5.03g/t Au A LARGE, SHALLOW GOLD-COPPER ZONE WITH OPEN-PIT POTENTIAL
Slide 11: South Pond Drilling Highlights
SOUTH POND DRILLING HIGHLIGHTS 74.20m @ 1.43 g/t Au including 8.0m @ 2.94 g/t Au Excellent 43.75m @ 1.62 g/t Au geometry Including 4.0m @ 3.99 g/t Au and widths for open-pit development 24.0m @ 1.48 g/t Au + Cu credits MULTIPLE INTERVALS >2.0 G/T AU
Slide 12: South Pond Resource Estimate
SOUTHPOND RESOURCE ESTIMATE 214,000t 145,000t INDICATED INFERRED 1.26% Cu & 1.21 g/t Au 1.07% Cu & 1.02 g/t Au 9.9M lbs CuEq 5.7M lbs CuEq DEPOSIT REMAINS OPEN AND UNDEREXPLORED
Slide 13: Why This Could Be Bigger
WHY THIS COULD BE BIGGER TARGETING “MAG HIGHS” = MORE HITS, FASTER Folding of the high- Strong magnetic Relogging and grade zone association remapping confirm UNTAPPED EFFECTIVE SIGNIFICANT UPSIDE DRILL SCALE TARGETING POTENTIAL
Slide 14: Hidden Nickel Bonus
HIDDEN NICKEL HIGH-GRADE NICKEL SULPHIDE LOWER-GRADE AWARUITE BONUS Key Metal for Energy & Industry Like First Atlantic Nickel New soil and mag anomalies point to potential FOLLOW-UP UNDERWAY UP TO 1,700 ppm Ni IN SOILS
Slide 15: 2024 Highlights, 2025 Outlook
2024 HIGHLIGHTS 2025 OUTLOOK 3km 15,000m Gold zone at Drill program now South Pond traced over 3km 15.72 g/t Au underway targeting newly 950m 3.48% Cu identified Cu, Au, Zn, and Ni targets Great Burnt Grades up to Deposit extended 15.72 g/t Au and to 950m 3.48% Cu NEW DOMINION PROJECT ADDED TO PIPEL
Slide 16: Hidden Value in Spinouts
VINLAND LITHIUM CLEAN AIR METALS TSXV: VLD Seeded by Benton + Benton holds 24.6M Piedmont at $1/share shares (~$2.64M) $8–$9M current market 0.5% NSR on Escape cap Lake and Thunder Bay North Benton holds 2.0M HIDDEN VALUE shares + 1.0% NSR $5M payment + $12M IN SPINOUTS spend = 62.5% earn-in by Pied
Slide 17: Capital Snapshot
$15.5M MARKET CAP CAPITAL SNAPSHOT $10.9M ENTERPRISE VALUE $2.6M EQUITIES HELD $2.0M CASH 205.5M 244.6M SHARES FULLY LOW ENTERPRISE VALUE = OUT DILUTED HIGH LEVERAGE TO DISCOVERY
Slide 18: Let's Talk
LET’S TALK BENTON IS DRILLING NOW AND HITTING BIG GRADES Nicholas Konkin, IR Stephen Stares, CEO bentonresources.ca nick@grovecorp.ca sstares@bentonresources.ca Join our investor list for news & drill updates.