Slide 1: The Kraken Pegmatite Field
The Kraken Pegmatite Field An emerging new Lithium & Cesium discovery in Southwestern Newfoundland 2023 TSXV: BEX | TSXV: SIC | OTCQB: SICNF
Slide 2: Forward-Looking Statements
Forward-Looking Statements During the course of this presentation, Benton Resources Inc. 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 positio
Slide 3: Big Picture: Appalachian-Caledonian lithium districts
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery BIG PICTURE • 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 Leinster • Significant Li
Slide 4: Appalachian Orogen in Newfoundland
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery APPALACHIAN OROGEN IN NEWFOUNDLAND Does Newfoundland have potential to host significant lithium & cesium deposits? • Hermitage Flexure part of a major Appalachian collision zone between Laurentia and Gondwana • Locus of peak Appalachian Silu
Slide 5: Infrastructure
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery INFRASTRUCTURE The high value of spodumene concentrate is largely determined by great infrastructure • Close to paved roads (14 km) • High voltage substation at Grandy’s Brook (10 km) • Ice-free deep water port Kraken Li-Cs (35 km) • Support
Slide 6: Strategic Location
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery STRATEGIC LOCATION Kraken Lithium The high value of Project spodumene concentrate is benefited by great location • Kraken lies along international shipping routes along the East Coast of Canada and the U.S.A • This Eastern Seaboard location
Slide 7: A 50/50 Joint Venture between Sokoman Minerals and Benton Resources
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery A 50/50 JOINT VENTURE BETWEEN SOKOMAN MINERALS CORP. AND BENTON RESOURCES INC. • First-ever Lithium and Cesium discoveries on the mining-friendly Island of Newfoundland • The Kraken Pegmatite Field Lithium discovery consists of multiple Spod
Slide 8: 2022 Achievements at a Glance
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery 2022 ACHIEVEMENTS AT A GLANCE… • Discovery of multiple LCT Pegmatite Dykes with Lithium and Cesium mineralization • Exploration focus on the Kraken Pegmatite Field which includes the spodumene-bearing Kraken, Killick and East Dykes • Drillin
Slide 9: Some Key Points and Deposit Type Attributes
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery SOME KEY POINTS AND DEPOSIT TYPE ATTRIBUTES • Exploration for lithium in the Carolina Tin-Spodumene Belt (Piedmont Lithium); and at Leinster belt (Ireland) has been conducted for decades • 2021 was the first year of exploration for Lithium a
Slide 10: Property Overview
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery PROPERTY OVERVIEW • District-scale property position, over 60 km of prospecting strike Hydra Dyke length to explore! Kraken Lithium Cesium Discovery • Significant new Lithium and Pegmatite Field Cesium di
Slide 11: Kraken Lithium Discovery
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery KRAKEN LITHIUM DISCOVERY Kraken Pegmatite Dyke Spodumene Crystals Kraken Pegmatite 11 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF TSXV: BEX |11 TSXV: SIC | OTCQB: SICNF
Slide 12: Kraken Pegmatite Field
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery KRAKEN PEGMATITE FIELD • The Kraken Pegmatite Field is approximately Northeast 1 km x 2 km and contains several LCT Kraken Pegmatite Field Dyke pegmatites • All dykes are open and require more drilling • 2022 Drilling Intersections Include:
Slide 13: Kraken Lithium Discovery: Winter 2022 Drilling
Kraken Lithium Discovery PHASE 1 DRILLING WINTER 2022 • 5 holes for 1,025 m completed on Kraken Pegmatite Discovery • GH-22-01 intersected 8.40 m @ 0.95% Li2O at the Kraken Spodumene – white to pale Dyke with samples up to green crystals DDH GH-22-01 1.76% Li2O • GH-22-05 returned 16.20 m @ 0.43% Li
Slide 14: Kraken Lithium Discovery: Winter 2022 Drilling
Kraken Surface Discovery Kraken Lithium Discovery PHASE 1 DRILLING WINTER 2022 • GH-22-01 intersected 8.40 m @ 0.95% Li2O at the Kraken Dyke with samples up to 1.76% Li2O • Multiple dykes intersected indicating the presence of a significant dyke swarm – Kraken Pegmatite Field • All intersections rem
Slide 15: Kraken Lithium Discovery: Winter 2022 Drilling
Kraken Lithium Discovery PHASE 1 DRILLING WINTER 2022 • GH-22-05 intersected 16.20 m @ 0.43% Li2O at the Kraken North Dyke with grades exceeding 1.00% Li2O • Multiple dykes intersected indicating the presence of a significant dyke swarm – Kraken Pegmatite Field • Only one hole completed - remains op
Slide 16: Kraken Lithium Discovery: Summer 2022 Drilling
Kraken Lithium Discovery East Dyke Trench PHASE 2 DRILLING SUMMER 2022 • 18 holes for 3,073 m completed on East Dyke, Central Dyke and Northeast Dyke • GH-22-15 intersected 20.82 m East Dyke @ 0.60% Li2O at the East Dyke Spodumene Crystals including 5.50 m @ 1.16% Li2O • Wide Beryllium-bearing pegma
Slide 17: Kraken Lithium Discovery: Summer 2022 Drilling
Kraken Lithium Discovery PHASE 2 DRILLING SUMMER 2022 • GH-22-08 intersected 8.37 m @ 0.91% Li2O at the East Dyke including 5.75 m @ 1.00% Li2O • East Dyke system consists of multiple, stacked spodumene-bearing pegmatites • Dykes are open for expansion in all directions East Dyke Spodumene Crystals
Slide 18: Kraken Lithium Discovery: Summer 2022 Drilling
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery PHASE 2 DRILLING SUMMER 2022 • GH-22-15 intersected 20.82 m @ 0.60% Li2O at the East Dyke including 5.50 m @ 1.16% Li2O • GH-22-14 intersected 10.73 m @ 0.56% Li20 at the East Dyke • Wide Beryllium-bearing pegmatite intersected at Central
Slide 19: Kraken Lithium Discovery: Fall 2022 Drilling
Kraken Lithium Discovery PHASE 3 DRILLING FALL 2022 • 11 holes for 1,607 m completed on Killick Dyke and Kraken Dyke with best intersections to date • GH-22-25 intersected 14.74 m @ 0.64% Li2O at the Killick Dyke including 4.73 m @ 1.05% Li2O • GH-22-26 intersected 9.50 m @ 1.08% Li20 including 2.15
Slide 20: Kraken Lithium Discovery: Fall 2022 Drilling
Kraken Lithium Discovery PHASE 3 DRILLING FALL 2022 • GH-22-27 intersected 15.23 m @ 1.04% Li2O at the Killick Dyke including 4.18 m @ 1.48% Li2O • Best drill intersection to date on the project • Killick Dyke is open for expansion in all directions and will be a focus of follow-up drilling in Phase
Slide 21: Hydra Cesium Discovery: A First for Newfoundland
Hydra Cesium Discovery A FIRST FOR NEWFOUNDLAND • New Hydra Cesium discovery of pollucite- bearing LCT Pegmatite Dyke 12 km Northeast of Kraken Pegmatite Field • First-ever cesium discovery in NL • Channel sample results 1.20 m of 8.75% Cs2O, 0.41% Li2O, 0.025% Ta2O5 and 0.33% Rb2O including 0.40 m
Slide 22: Hydra Cesium Discovery: High-Grade Cesium Open for Expansion
Hydra Cesium Discovery Hydra Cesium Dyke Sampling HIGH-GRADE CESIUM OPEN FOR EXPANSION Looking South • Initial prospecting and channel sampling completed prior to winter onset • Dyke open in both directions along strike • 2023 exploration plans includes prospecting, mapping, geochemical sampling, tr
Slide 23: Soil Geochemistry
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery SOIL GEOCHEMISTRY • Soil sampling has emerged as a key exploration tool to explore for LCT Pegmatites • Orientation sampling during summer 2022 proved the effectiveness of the survey on known pegmatites in the Kraken Pegmatite Field, while a
Slide 24: Moving Forward
Golden Hope Joint Venture Kraken Lithium and Hydra Cesium MOVING FORWARD • Phase 4 drilling program spring 2023 – minimum 5,000 m • Extensive prospecting, soil sampling and geological mapping • Continued collaboration with multi-disciplinary Critical Minerals Research Initiative 24 TSXV: BEX |24 TSX
Slide 25: Acknowledgements / Thank You
ACKNOWLEDGEMENTS James Conliffe - GSNL Zsuzsanna Magyarosi – GSNL Heather Campbell – GSNL Sean O’Brien – Far Eastern Geoscience Newfoundland Helicopters Springdale Forest Resources South Coast Construction Town of Burgeo THANK YOU! tim@sokomanmineralscorp.com stares@bentonresources.com www.sokomanmi