Benton Resources, Inc. · TSXV:BEX
Benton Resources — Investor Presentation (January 2017)
22 slides from Benton Resources's investor presentation, January 2017
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: ~ $2.6M Cash • 3.17M shares of Alset Energy Corp (TSX-V: ION) • 1.3M shares of Mineral Mtn Resources (TSX-V: MMV) • 1.0M shares of Sokoman Iron (TSX-V: SIC) • 5.0M 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 Portfolio
Polar Beat ABENTON RESOURCES INC. Project Portfolio Forester (under option to Parkside Resources) * Panama | * Armit Lake Abernethy * Duke * * Bark Lake ’ (under option to Rio Tinto) Bedivere Saganaga_ ae Thunder Bay Shebandowan yerior™ (under option to White Metal Resources) * Duluth , Marquette he
Slide 6: Benton Resources Inc
Benton Resources Inc • Project Generator with experienced and proven management with a excellent property portfolio in multiple commodities • $2.6 million in cash and approximately $1.0 million in equities • Controls several large land positions which host 6 gold deposits and several other gold zone
Slide 7: Benton/Nordmin Cape Ray
Marathon Gold’s Valentine Lake 1,060,100 oz Au (M&I) Antler Gold 199,800 oz Au (IF) Wilding Lake 49.3g/t Au over 4.6m STAGHORN GOLD JV. (recent channel Metals Creek/Benton sampling) BENTON/NORDMIN CAPE RAY Indicated Inferred 04 DEPOSIT 150,333 43,113 oz Au 41 DEPOSIT 32,600 16,107 oz Au 51 DEPOSIT 1
Slide 8: Cape Ray Fault Exploration Projects
ABENTON RESOURCES INC. Cape Ray Fault Exploration Projects ANTLER GOLD 49.3 g/t Au over 4.6 m (channel) ANTLER GOLD Grab samples of 8.4 and 19.7g/t Au wa Af PE La bare MARATHON GOLD 1,060,1000z Au M&i (2.2g/t) ~~» | 199,8000z Au INF (2.85g/t) Grabs up to 213g/t Au (float) STAGHORN: Ryan's Hammer STA
Slide 9: 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 10: Cape Ray Project Exploration Potential
ABENTON ESOURCES INC. 3 Cape Ray East . ‘ 2 Grab Samples up to 181g/t Au Cape Ray Project fae “ (no drilling in area) Exploration Potential : ot ee yaa 514,000 Tonnes @ 2.43g/t Au (40,1000z) (historical) 04 Deposit % aes Legend WGH Deposit 4) ; f as eo [J 100% Benton fg tds He z NordminJV Big Pond D
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. : I 1,1 MT @ 1.83 g/t Au, 9.48 g/t Ag (Inf.)\ i ee ae i x 51 ZONE 600,000 T @ 7.12 g/t Au, 14.44 git 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: 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 17: Staghorn - six exploration targets
Staghorn - six exploration targets RICH HOUSE GLIMMER ZONE RYAN’S HAMMER 012 SOIL ANOMALY WOODS LAKE ZONE FALLS ZONE
Slide 18: Bedivere Gold Project Regional Map
M&l Resources: 5.4M oz Au / Inferred Resources: 1.8M oz Au + Sunbeam Gold Mine = = aap ee f° (Past Producer) ima EN | ae | Steep Rock Jack Lake Gold (Past Producer) SF Sapawe Mine Cu-Au-Pd-Zn (Past Producer) ge North Coldstream 7 = Cu-Au Deposit “ZZ te ome 1.37M oz Gold (indicated) s,1'| 1.75M oz Go
Slide 19: Bedivere Project
ABENTON RESOURCES INC. _’| Main Structure Bedivere Project | yA On 100m Airborne Magnetics (Calc Vertical Gradient) A t \ g ~ are.\ aK High Priority Area for Exploring, soil sampling ongoing es ma 1p + t \ =O High Gold in Lake Seds Traxxin Zone - 41 opt Gold Grab samples up to 3.4g/t Au New Shear Zo
Slide 20: New Gold Discovery
New Gold Discovery up to 410z/t Ai134ppb Au 860ppb Au aA e 1220ppb Au Highly anomalous gold in Benton soil sampling ABENTON RESOURCES INC. Bedivere Project Traxxin Zone Grabs Soils Au (git) Au (ppb) @ <oO1gt «a <10 O 011-050 A 11-50 @ 051-100 A 51-100 @ >t git A 101-2160
Slide 21: What's Next
What’s Next • Head towards prefeasibility study on the 51, 41 and 04 deposits at the Cape Ray (100% carried by J.V Partner Nordmin) • Aggressive exploration planned for recently acquired high grade gold discovery at Bedivere Lake. Soil sampling, geophysics, prospecting currently underway with trench
Slide 22: Thank You
Thank You Stephen Stares President & CEO sstares@bentonresources.ca 807-475-7474 807-475-7200 807-474-9020 www.bentonresources.ca
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