Slide 1: A Project Generator heading towards production
A Project Generator heading towards production
Slide 2: Forward-looking statements
During the course of this presentation, Benton Resources Inc. and Benton Capital Corp. may make forward-looking statements with regard to the company’s projects and or business plans. Statements may also be made with regard to the company’s business strategy, products, partners, and market position
Slide 3: Corporate Structure & Equities
Corporate Structure & Equities • 78.9M Shares Issued • 86.5M Fully Diluted • Strong Treasury: ~ $3M Cash • 1M shares of Alset Energy Corp (TSX-V: ION) • 1.3M shares of Mineral Mtn Resources (TSX-V: MMV) • 191,500 shares of Alabama Graphite (TSX-V: ALP) • 5M shares of Parkside Resources (TSX-V: PKS)
Slide 4: Management & Directors
Management & Directors • Stephen Stares • President, CEO & Director • Clinton Barr, P.Geo • Director & VP Exploration • Michael Stares • Director • Gordon Fretwell • Corporate Secretary • Evan Asselstine, CPA, CA • Chief Financial Officer • William Harper, MBA, CPA, CA • Director • John Sullivan, P.
Slide 5: Project Locations
Polar Beal ABENTON RESOURCES INC. Project Locations hj Forester Panama * Armit Lake at Iron Abernethy Duke Bark Lake ME! Saganaga _ Thunder Rav. al GA shevancowan ~ 4 ~*~ *Duluth , Marquette S ©2010 NAVTEQ '© 2016 Microsoft Corporation Providence, NWT (ial sas ae a | & ©2010 NAVTEQ © 2016 Microsoft
Slide 6: Benton/Nordmin Cape Ray
Altius Minerals Wilding Lake 49.3g/t Au over 49.3m Marathon Gold’s (recent channel sampling) Valentine Lake 1,060,100 oz Au (M&I) STAGHORN GOLD JV. Metals Creek/Benton 199,800 oz Au (IF) BENTON/NORDMIN CAPE RAY Indicated Inferred 04 DEPOSIT 150,333 43,113 oz Au 41 DEPOSIT 32,600 16,107 oz Au 51 DEPO
Slide 7: Cape Ray Fault Gold Projects
ABENTON RESOURCES INC. Cape Ray Fault Gold Projects ALTIUS MINERALS 49.3 g/t Au over 4.6 m (channel) ALTIUS MINERALS Grab samples of 8.4 and 19.7g/t Au MARATHON GOLD 1,060,1000z Au M&l (2.2g/t) ~| 199,8000z Au INF (2.85g/t) Grabs up to 213g/t Au (float) STAGHORN: Woods Lake 2.14g/t Au over 16.11m in
Slide 8: Heading towards production with the Cape Ray gold deposits
Heading towards production with the Cape Ray gold deposits • October 5, 2014, Benton partners with Nordmin Engineering, Nordmin can earn up to 50% interest by advancing the Cape Ray deposits to a bankable feasibility and arranging 50% of project financing for production. Nordmin earned 5% by paying
Slide 9: Cape Ray Project Exploration Potential
ABENTON | : eee RESOURCES INC. : Cape Ray East Grab Samples up to 181g/t Au Cape Ray Proje ; ___(no drilling in area) L: Exploration Potential : we sa Petes ey - 1 : A R 5a ist 4,000 Tonnes @ 2.43g/t Au (40,1000z) (historical) 04 Deposit ‘S aS Legend [J 100% Benton NordminJV Big Pond Deposit 63,800
Slide 10: 51, 41 and 04 Longitudinal
51, 41 and 04 Longitudinal 51 ZONE 41 ZONE 04 ZONE CAPE RAY GOLD PROJECT LONGITUDINAL SECTION Au (git) x Hor. Thickness 04-41-51 DEPOSITS 250 grams x meters 25 to SO grams x meters 10 to 25 grams x meters ABENTON ESOURCES INC. Sto 10 grams x meters 0 to S grams x meters 2016 Drill Hole TSX-V: BEX
Slide 11: Cape Ray Project: NI43-101 Resources Estimate
Cape Ray Project: NI43-101 Resources Estimate INDICATED RESOURCES (2.5 g/t Au cut-off) TONNES Au g/t Ag g/t Au oz Ag oz 04 ZONE 700,000 6.68 17.13 150,333 385,511 41 ZONE 200,000 5.07 18.77 32,600 120,691 TOTAL 900,000 6.32 17.49 182,934 506,202 INFERRED RESOURCES (2.5 g/t Au cut-off) TONNES Au g/t
Slide 12: Cape Ray Project 51 Deposit
Cape Ray Project 51 Deposit • Average grade of zone for the entire trench (181 meters) is as follows: – Au: 6.90 g/t (6.4 g/t cut) – Ag: 32.8 g/t (22.7 g/t cut) – Cu: 0.26% – Pb: 1.15% – Zn: 0.40%
Slide 13: Benton Resources / Nordmin Engineering Cape Ray Project
BENTON RESOURCES INC. / NORDMIN ENGINEERING CAPE RAY PROJECT WINDOWGLASS HILL Sa ae 1,1 MT @ 1.83 g/t Au, 9.48 g/t Ag (Inf.)\ ri aN ‘ : \ \ 51 ZONE 600,000 T @ 7.12 g/t Au, 14.44 g/t Ag (Inf.) 200,000 T @ 5.07 git Au, 18.77 g/t Ag (Ind.) 100,000 T @ 5.01 g/t Au, 13.08 g/t Ag (Inf.) 04 ZONE 700,000 T
Slide 14: Highlights from the PEA
Highlights from the PEA, with the base-case gold price of $1,200 USD per ounce and an exchange rate of $1.25 CAD/USD, are as follows: • Total production of >250,000 oz gold with gross value of >$300 million USD and 260,000 ounces of silver. • Pre-production Capital is $47.3 million with a contingenc
Slide 15: Cape Ray – Exploration Upside
Cape Ray – Exploration Upside • 100% Benton (outside Nordmin JV), Non-NI43-101 Mineral Inventory – ISLE AUX MORTS DEPOSIT • 407,200 Tonnes @ 2.75g/t Au (36,100oz) – BIG POND DEPOSIT • 91,300 Tonnes @ 4.5g/t Au (11,900oz) – CAPE RAY EAST SHOWING • Grab samples up to 181g/t Au with no drilling in area
Slide 16: Cape Ray East Exploration Potential
ABENTON | : eee RESOURCES INC. : Cape Ray East Grab Samples up to 181g/t Au Cape Ray Proje ; ___(no drilling in area) L: Exploration Potential : we sa Petes ey - 1 : A R 5a ist 4,000 Tonnes @ 2.43g/t Au (40,1000z) (historical) 04 Deposit ‘S aS Legend [J 100% Benton NordminJV Big Pond Deposit 63,800
Slide 17: Projects: Staghorn (Gold)
Projects: Staghorn (Gold) • Located on the Cape Ray fault between the Benton’s Cape Ray Deposits, Marathon Gold’s Valentine Lake Deposit and Altius Minerals’ Wilding Lake Project • Drill highlights include: – 2.14gpt over 16.1m including 6.2gpt over 5.11m • Grab Samples up to 189g/t Au (Rich House S
Slide 18: Staghorn - six exploration targets
Staghorn - six exploration targets RICH HOUSE GLIMMER ZONE RYAN’S HAMMER 012 SOIL ANOMALY WOODS LAKE ZONE FALLS ZONE
Slide 19: Ryan's Hammer, Rich House and 012 Zones
Rich house Ryan’s Hammer, Rich House grab samples up to 189gpt and 012 Zones Grab samples up to 31gpt 012 trend Ryan Hammer Soils up to ddh RH 15-01 42.6m 1600ppb 0.22 Au gpt
Slide 20: Staghorn - Woods Lake Zone
Staghorn - WOODS LAKE ZONE 3.0gpt 2.14gpt over 16.1m 6.2gpt over 5.11m 4.0gpt 4.4gpt
Slide 21: Projects: Saganaga and Panama (Gold)
Projects: Saganaga (Gold) • Located in the Shebandowan Greenstone belt with a large land position hosting multiple gold zones; drill permit obtained • Highlights from drilling include: – 5.0gpt Au over 20.6m in the Star Zone – 32.0gpt over 5.9m on the Powell Zone. Projects: Panama (Gold) • Located i
Slide 22: Projects: Bark Lake, Iron Duke, Abernethy
Projects: Bark Lake (Cu-Ni-PGE) • Located in Northwestern Ontario; possible western extension of the Mid-Continent Rift system which contains the Eagle Mine (Lundin Mining Corp.) and Thunder Bay North Deposit (Panoramic Resources Inc.) • Boulders grading up to 4.35g/t Pd, 2.64g/t Pt, 0.74g/t Au, 1.2
Slide 23: Projects: Kingurutik and Mealy Lake
Projects: Kingurutik (Cu-Ni-Co) • Located 65km north of Voisey Bay, Labrador • Under partnership with Teck Resources Limited • Drill intercepts include 10.2m grading 0.54% Cu, 0.49% Ni and 0.08% Co Mealy Lake (Cu-Ni-PGE) • Located in a under-explored region of southwest Labrador • Multiple new showi
Slide 24: Projects: Providence and Armit Lake
Projects: Providence (Cu-Ni-PGE) • Located in the Northwest Territories • Existing camp in place and included with the project • Previous drill intercepts of 5.1m grading 1.73% nickel with 1.75% copper and 0.17% cobalt • Grades in excess of 8.0gpt platinum have also been obtained over 2.0m in drilli
Slide 25: Summary
Summary • Experienced and proven management with a excellent property portfolio in multiple commodities with new discovery potential • Carried to a full feasibility and possibility of early production and cash flow in the near term from 51 Zone, 41 and 04 deposits at the Cape Ray Gold Deposits • Rec
Slide 26: Thank You
Thank You Stephen Stares President & CEO sstares@bentonresources.ca 807-475-7474 807-475-7200 807-474-9020 www.bentonresources.ca