Benton Resources, Inc. · TSXV:BEX
Benton Resources — Investor Presentation (April 2023)
24 slides from Benton Resources's investor presentation, April 2023
Slide 1: The Kraken Pegmatite Swarm
2023 The Kraken Pegmatite Swarm An emerging new Lithium and Cesium discovery in Southwestern Newfoundland TSXV: BEX | TSXV: SIC | OTCQB: SICNF | OTCPK: BNTRF
Slide 2: Forward-Looking Statements
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Forward-Looking Statements During the course of this presentation, Benton Resources Inc. may make forward-looking statements regarding the company’s projects and or business plans. Statements may also be made regarding the company’s business strategy, products, p
Slide 3: Big Picture
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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) Leinster Major coll
Slide 4: Appalachian Orogen in Newfoundland
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 Gondwa
Slide 5: Some key points and deposit type attributes
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 • First year ever
Slide 6: Infrastructure
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 kms) • High voltage substation at Grandy’s Brook (10 kms) • Ice-free deep-wa
Slide 7: Strategic Location
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery STRATEGIC LOCATION The high value of spodumene concentrate Kraken Lithium Project is benefited by great location • Kraken lies along international shipping routes along the East Coast of Canada and the U.
Slide 8: A 50/50 Joint Venture between Sokoman Minerals Corp. and Benton Resources Inc.
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 Lithiu
Slide 9: 2022 achievements at a glance
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery 2022 achievements at a glance… • Exploration focus on the Kraken Pegmatite Field which includes the spodumene-bearing Kraken, Killick and East Dykes • Drilling Intersections from initial 2022 program with
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 length Hydra Dyke Kraken Lithium Cesium Discovery to explore! Pegmatite Field • Significant new Lithium and Cesium di
Slide 11: Kraken Pegmatite Field
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery KRAKEN PEGMATITE FIELD • The Kraken Pegmatite Field is approximately 1 x 2 km and Northeast contains several LCT pegmatites Kraken Pegmatite Field Dyke • All dykes are open and require more drilling Krake
Slide 12: Kraken Lithium Discovery
Golden Hope JV – Kraken Lithium and Hydra Cesium Discovery TSXV: BEX | TSXV: SIC | OTCQB: SICNF KRAKEN LITHIUM DISCOVERY Kraken Pegmatite Dyke Spodumene Crystals Kraken Pegmatite 1212 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 12
Slide 13: Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery Phase 1 Drilling Winter 2022 • 5 holes for 1025 m completed on Kraken Pegmatite Discovery, multiple dykes intersected (~ 100 m strike) • GH-22-01 intersected 8.4 m @ 0.95% Li2O at the Kraken Dyke Spodumene – white to pale with samples up
Slide 14: Kraken Lithium Discovery
Kraken Lithium Discovery Phase 1 Drilling Winter 2022 Kraken North Dyke • GH-22-05 intersected 16.2 m @ 0.43% Li2O at the Kraken North Dyke with grades exceeding 1% Li2O • Multiple dykes intersected indicating the presence of a significant dyke GH-22-05 Approx. 100m swarm – Kraken Pegmatite Field •
Slide 15: Kraken Lithium Discovery
Kraken Lithium Discovery Phase 2 Drilling Summer 2022 • 18 holes for 3,073 m completed on East Dyke, Central and Northeast Dykes • 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 •
Slide 16: Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery Phase 2 Drilling Summer 2022 Benton CEO Stephen Stares with core from the East Dyke • 18 holes for 3073 m completed on East Dyke, Hole GH-22-15 Central and Northeast Dykes • GH-22-15 intersected 20.82 m @ 0.60% Li2O at the East Dyke inclu
Slide 17: Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB: SICNF Kraken Lithium Discovery East Dyke Trench Phase 2 Drilling Summer 2022 Exploration Photos East Dyke GH-22-15 20.82 meters @ 0.60% Li2 O East Dyke Spodumene Crystals 1717 www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 17
Slide 18: Kraken Lithium Discovery
Kraken Lithium Discovery Phase 3 Drilling Fall 2022 • 11 holes for 1607 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 9.5 m @ 1.08% Li2O including 2.15 m
Slide 19: Kraken Lithium Discovery
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 20: Hydra Cesium Discovery
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 to 8.75% Cs2O, 0.41% Li2O, 0.025% Ta2O5 and 0.33% Rb2O over 1.2 meters including
Slide 21: Hydra Cesium Discovery
Hydra Cesium Discovery Hydra Cesium High-Grade Cesium Open Dyke Sampling Looking South • Initial prospecting and channel sampling completed prior to winter onset • Dyke open in both directions along strike • 2023 exploration includes prospecting, mapping, geochemical sampling, trenching and diamond
Slide 22: 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 23: Moving Forward
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 Re
Slide 24: Acknowledgements
TSXV: BEX | TSXV: SIC | OTCQB: SICNF 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 Benton and Sokoman exploration team THANK
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