Benton Resources Inc. is pleased to announce it has received an update from Clean Air Metals Inc. on an updated mineral resource estimate for the Thunder Bay North Project . Benton continues to hold approximately 24.6 million shares in Clean Air. In addition, Benton retains a 0.5% net smelter return royalty from production on the Escape Lake Deposit and a 0.5% net smelter return royalty from production on any mineral [...]
Benton Resources Inc. is pleased to announce that it has discovered wide zones of mineralization at the Company's Far Lake IOCG project including 0.15% Cu and 0.15 g/t Ag over 60.4 m, including 0.35% Cu and 0.51 g/t Ag over 15.6 m and 1.08% Cu and 1.63 g/t Ag over 2.6 m in drill hole FL-20-11. Drill hole FL-20-11 is located approximately 1,800 m NW along the same structure as the Far Lake discovery zone where surface [...]
Benton Resources Inc. is pleased to announce that it has engaged Abitibi Geophysics Inc. to complete a DasVision Induced Polarization and a ground gravity survey on its Far Lake Iron Oxide Copper Gold project located 80km west of Thunder Bay, Ontario. The DasVision, distributed array survey, is designed for deep mineral exploration, up to 1000m depth, and will include a 3D inversion of the data to allow for integration [...]
Benton Resources Inc. announces that it has closed their previously announced non-brokered private placement of units . The Company will issue 2,480,000 units at a price of $0.17 per unit with each unit consisting of 1 common share of the Company and 1 common share purchase warrant, with each warrant entitling the holder to acquire an additional common share of the Company at $0.30 for 24 months from the date of issue [...]
Benton Resources Inc. announces that, due to increased interest by investors, it has filed documents with the TSX Venture Exchange seeking final approval for an additional non-brokered private placement of units beyond the private placement previously announced on November 19, 2020 and December 9, 2020. On receipt of all regulatory approvals, the Company will issue 2,480,000 units at a price of $0.17 per unit with each [...]
Benton Resources Inc. further to its December 9, 2020 news release, the Company announces that it has received approval from the TSX Venture Exchange to close its non-brokered private placement financing. The Company will issue 3,250,000 flow-through units , each FT Unit consisting of 1 flow-through common share of the Company and ½ of a common share purchase warrant, each full warrant entitling the holder to purchase an [...]
Benton Resources Inc. announces that it has filed documents with the TSX Venture Exchange seeking final approval for its recently announced non-brokered private placement of flow-through and non-flow through units . On receipt of all regulatory approvals, the Company will issue 3,250,000 flow-through units at a price of $0.20 per flow-through unit, each consisting of 1 flow-through common share of the Company and ½ of a [...]
Benton Resources Inc. is pleased to announce it has received 1,380,000 shares of Cameo Industries Corp. as part of the first payment for the option of its Saganaga Gold project located in the Shebandowan Greenstone belt. Benton previously announced on August 11, 2020 that it had entered into an Option Agreement with 2752300 Ontario Inc., a private Ontario company, which has now been acquired by Cameo. Under the Agreement [...]
Benton Resources Inc. is pleased to announce that it has staked a 100% interest in 145 single-cell mining claims, 5km east of Barrick Gold Corporation's Hemlo Gold Mine and north of MetalCorp Limited's Hemlo East project. According to MetalCorp's news announcement dated November 20, 2020, it completed an option agreement with Barrick to acquire up to 80% of the Hemlo East project with Barrick making an initial payment of [...]
Benton Resources Inc. is pleased to announce that it has completed the maiden drill program on its Far Lake Iron Oxide Copper Gold project located 80km west of Thunder Bay, Ontario. The drill program consisted of 12 holes totalling approximately 2,000m , ten of which focused on various Cu targets within a large felsic intrusive package of rocks plus two drill holes spaced approximately 4km apart targeting airborne EM [...]
Benton Resources Inc. is pleased to announce it has been advised that Clean Air Metals Inc. has paid the sum of CAD$1.0 Million directly to Rio Tinto Exploration Canada Inc. as Vendor, pursuant to the terms of the definitive option agreement between the Company and Clean Air . Clean Air acquired the Option to acquire a 100% right, title and interest in and to the Escape Lake Property whereby Clean Air agreed to pay to [...]
Benton Resources Inc. is pleased to announce it has mobilized a diamond drill rig to its Far Lake Copper project located 80km west of Thunder Bay, Ontario. The 2000m Phase 1 drill program will test priority targets identified from the Company's recently completed exploration programs, including the Far Lake #1 Structure where highlights include a 0.7m channel sample across massive sulphide that assayed 22.0% Cu, 30.2 g/t [...]
+500,00 %
-70,00 %
