Benton Resources, Inc. · TSXV:BEX
Benton Resources — Investor Presentation (March 2024)
17 slides from Benton Resources's investor presentation, Mar 6, 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 - Winter 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: Company Overview
TSXV: BEX Company Overview • Management and Board has a combined 150+ years of exploration and discovery successes • Members of management awarded: Ø PDAC 2007 Bill Dennis Award Ø NWOPA Discovery of the Year Award in 2000, 2015 and 2017 Ø NL - CIM Prospector/Explorer of the Year in 2023 • Famed mini
Slide 4: General Geology and Location of Great Burnt Project
TSXV: TSXV:BEX BEX General Geology and Location of Great Burnt Project 4
Slide 5: Great Burnt Property Attributes
TSXV: BEX Great Burnt Property Attributes • 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 1.21 8.3 2.10 9.
Slide 6: South Pond Area: Magnetics, EM Conductors and Drill Holes
TSXV: TSXV:BEX BEX South Pond Area: Magnetics, EM Conductors and Drill Holes Main South Pond Cu- Au Resource Area • Main South Pond Copper-Gold Deposits untested since the 1970s • Recent trenching exposed high-grade Copper and Gold: up to 5.67% Cu and 5.03 g/t Gold • Extensive number of untested con
Slide 7: Great Burnt Deposit Area: Magnetics, EM Conductors and Drill Holes
TSXV: BEX Great Burnt Deposit Area: Magnetics, EM Conductors and Drill Holes • Main Great Burnt Pond Deposit • Extensive number of untested conductors • 5,700 m Phase 1 drilling program extremely successful • Some of the best drill intercepts were drilled from 2016-2023 indicating that historic resu
Slide 8: Great Burnt Selected Drilling Highlights
TSXV: BEX Great Burnt 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 of 11.42
Slide 9: Great Burnt Copper Deposit Generalized Long Section
400 200 200 400 Great Burnt Copper Deposit Generalized Long Section oe ‘0 ELEVATION (RL -metres)_ 100 68-23-18 0.22.02 4.22% Cu over 8.17m from 150.95 to 159.12m 18.21% Cu over 13.00m from 164.9910 174:89m, Incl. 7.08% Cu over 417m from 185.95 0 158.12m Incl. 12.80% Cu over 8.0m from 169.890 173.89m
Slide 10: Section 630N
TSXV: BEX Section 630N Previous Interpretation New Interpretation New interpretation suggests Main Zone remains open for expansion down-dip. Phase 2 drilling will test this interpretation. 10
Slide 11: Drill Section 475N
TSXV: BEX Drill Section 475N • Confirmed high grades over significant widths in areas where moderate grades and widths were historically intercepted • GB-23-15 and -16 drilled just below GB-83 yielded far better results in the Main Zone of the deposit • Historic hole GB-84 also targeted for re-drill
Slide 12: Drill Section 400N
TSXV: BEX Drill Section 400N • Confirmed high grades over significant widths in areas where low grades and widths were historically intercepted • GB23-04 and 05 were drilled just above and below historical hole GB-85, yielding far better results in the main deposit • Main Zone open up-dip and down-d
Slide 13: Drill Section 315N
TSXV: BEX Drill Section 315N • The deepest high-grade intersection to date at Great Burnt • 2023 drilling produced high-grade massive sulphides in Lower Zone (see on the map) at Great Burnt Deposit • Lower Zone is open in all directions • Drilling in Feb–March will test updip, downdip and down plung
Slide 14: Comparison to the Ming Copper Deposit
e to the Ming Copper Deposit weUS Broad Lower Footwall - Stringer Zone MING MINE RESOURCE - UNMINED AND OPEN 30.2Mt @ 1.81% Cu & 0.5g/t Au for 634kt @ 2.1% Cu Equivalent High-Grade Massive Sulphides - Upper Zones Great Burnt Copper Deposit Projected onto Ming Mine long section * GBL is untested belo
Slide 15: Capital Structure
TSXV: BEX Capital Structure Cash Position = $2.78 million Equity Holdings = $2.31 million 15
Slide 16: Milestones and Outlook for 2024
TSXV: BEX Milestones and Outlook for 2024 Great Burnt • Phase 1 (5,650 m) drill program was extremely successful with semi-massive/massive sulphides intersected in all 22 drill holes, expanding the known deposit limits and confirming high-grade copper core throughout the deposit • 6 known historical
Slide 17: Stephen Stares President & CEO
TSXV: BEX Stephen Stares President & CEO sstares@bentonresources.ca Iryna Zheliasko Investor Relations iryna@grovecorp.ca Website: www.bentonresources.ca 17
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