Benton Resources Inc. and Sokoman Minerals Corp. together, are pleased to report the first assay results from the 1,025 m reconnaissance drilling program, that tested the recently discovered Kraken pegmatite field on the Golden Hope JV Property in southwestern Newfoundland. The samples were cut from an 8.40 m wide, spodumene-bearing, pegmatite dike that returned the following assays: Widths reported are believed to be 90 [...]
Benton Resources is pleased to announce that the Company has received approval from the TSXV to close its previously announced non-brokered private placement of flow-through units and non-flow-through units for combined aggregate gross proceeds of approximately $2.4 million. The Company will issue 6,250,000 flow-through shares units at a price of $0.2275 per FT Unit, for gross proceeds of $1,421,875. Each FT Unit consists [...]
Benton Resources is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through units and non-flow-through units for combined aggregate gross proceeds of up to $2.4 million. The Private Placement is expected to close on or before March 25, 2022. On closing the Company will issue 6,250,000 flow-through shares units at a price of $0.2275 per [...]
Five holes completed; multiple spodumene-bearing dikes intersected Benton Resources Inc. and Sokoman Minerals Corp. together, are pleased to announce the completion of a 1025 m reconnaissance drilling program testing the recently discovered Kraken Pegmatite Field at the Golden Hope Joint Venture Project in southwestern Newfoundland. This represents the first known drill program directly targeting lithium mineralization in [...]
Benton Resources Inc. and Sokoman Minerals Corp. together, are pleased to announce that the Alliance has commenced the Phase 1 diamond drilling program at the Kraken Lithium prospect on the Golden Hope JV project located in southwest Newfoundland near the village of Burgeo. The diamond drilling program is expected to consist of 1,000 to 2,000 metres of diamond drill core in 4-6 holes designed to test an extensive system [...]
Benton Resources Inc. is pleased to report that Clean Air Metals Inc. , of which Benton has a substantial shareholding, has announced new assay results from the 2021 drilling campaign from the Escape and Current PGE-Cu-Ni Deposits at Clean Air's Thunder Bay North Project near Thunder Bay, Ontario, Canada . Drilling operations are set to resume on January 6, 2022. As reported by Clean Air, highlights from the Escape South [...]
Benton Resources Inc. is pleased to provide a review of activities throughout 2021 along with an update on 2022 strategic objectives aimed at unlocking value for shareholders in the coming year. 2021 has been productive not only from an exploration perspective, but also through several key developments by companies in which Benton holds strategic investments. The Company feels that the value from these initiatives has yet [...]
Benton Resources Inc. is pleased to announce it has been advised that Clean Air Metals Inc. has announced results from an independent Preliminary Economic Assessment that was completed for its Thunder Bay North Platinum Group Element - Copper - Nickel Project near Thunder Bay. The PEA was prepared by Nordmin Engineering Ltd. of Thunder Bay and includes provision for a stand-alone milling complex and waste storage facility [...]
Benton Resources Inc. is pleased to announce that it has, subject to approval by the TSX Venture Exchange , optioned the KM 67 Volcanic Massive Sulphide base metal and gold project located in central Newfoundland from Kevin Keats, Alan Keats, and David MacDonald . The Optionors, who have advanced the Project, are a team of experienced prospectors and a geologist that possesses a track record of success in Newfoundland and [...]
Assays for six of 13 core samples, "super rushed" for assay, return from 1.34 to 37.64 g/t Au. Benton Resources Inc. and Sokoman Minerals Corp. , together , are pleased to announce that preliminary results from the maiden drill program at Grey River, Newfoundland, have returned multiple drill intersections of potentially significant gold mineralization. Program highlights include: 1,026 m completed in five holes over a [...]
Benton Resources Inc. is pleased to announce it has been advised by Clean Air Metals Inc. that the final payment of CAD $1 million has been made to Rio Tinto Exploration Canada on behalf of Benton pursuant to the option agreement on the Escape Lake Property. Benton continues to hold approximately 24.6 million shares in Clean Air Metals Inc. and is very pleased with their progress to date. The news release, which was [...]
Benton Resources Inc. is pleased to announce that it has received approval from the TSX Venture Exchange to close its previously announced non-brokered private placement of flow-through and non flow-through units . The Company will now issue 5,175,000 flow-through units at a price of $0.20 per FT Unit, for gross proceeds of $1,035,000. Each FT Unit consists of one flow-through common share and one-half of one common share [...]