The Cape Ray East Property is comprised of 510 contiguous claims and is 100% Benton Resources owned through direct staking. The property is located approximately 30 km northeast of Port aux Basques, southwestern Newfoundland, at the southernmost point and continues in a northeast and easterly direction for approximately 40 km. Access to the property is by float plane or helicopter.
The Cape Ray East Property straddles the Cape Ray Fault Zone which forms a structural boundary between the Dunnage Zone to the northwest and the Gander Zone to the southeast, two of four tectonostratigraphic zones into which the geology of Newfoundland has been subdivided. The zone is 100 km long and several hundred metres wide and is comprised of highly strained rocks. The most significant mineralized zones discovered to date make up the Cape Ray Gold Deposit (comprising the #04, #41 and #51 Zones) in which gold occurs mainly in galena and chalcopyrite-rich, fault-fill quartz breccia veins hosted by graphitic schists of the Windsor Point Group. Elsewhere along the fault zone, significant gold mineralized zones occur in pyrite-rich, fault-filled quartz breccia veins (at the Big Pond Prospect); in extensional, subhorizontal quartz veins hosted by the Windowglass Hill Granite (Windowglass Hill Prospect); and as fault-fill quartz veins and strongly pyritized, iron-rich sedimentary rocks at or close to the contact between the Cape Ray Igneous Complex and the Windsor Point Group (Isle aux Morts Prospect).
Work completed by Benton Resources to date has included a single property visit via helicopter to assess several of the more prominent areas defined by previous exploration. These include trench samples which returned 56.8 g/t Au and 18.7 g/t Au. Previous HMC till samples have returned values up to 9.9 g/t Au.
