Please Click Here to upgrade your Flash player at macromedia.com
Click here to view the printer friendly version.

Exploration Update

Benton Provides Exploration Update

 

Thunder Bay, Ontario: Benton Resources Corp (BTC: TSX.V, “Benton” or “the Company”) is pleased to announce that drilling has commenced on its 100% owned Saganaga Gold Project. Drilling will target the Powell gold zone where historical drilling intersected 36.6 gpt Au over 5.3m, the newly discover Megan zone where channel sampling of trenches returned up to 61.2 gpt over 0.25m before the zone was lost in deep overburden, and the Starr Zone where Teck (“Teck”) Resources Limited’s final hole of an 11-hole program intersected 5.36 gpt Au over 20.0m. Teck held the Saganaga gold property under option from Benton during 2006. The drill program results will be release as they are received and compiled.


As well, the diamond drill program continues on the Company’s Copper Hill Block A property optioned from Golden Harp Resources Inc.

Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements which can be view on the company’s web site post below.  The company currently has approximately $15.0 million in cash, owns a 34.3% interest in Coro Mining Corp (TSX.COP), holds an approximate 5% interest in Marathon PGM Corp (TSX.MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.
 
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

On behalf of the Board of Directors of Benton Resources Corp.,

“Stephen Stares”
Stephen Stares, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

For further information contact Stephen Stares @:
611 Montreal Street
Thunder Bay, ON   P7E 3P2
Phone (807)475-7474
Fax (807)475-7200
www.bentonresources.com

Investor Relations
agoracom%23com|BTC
http://agoracom.com/ir/benton
AGORACOM Investor Relations
or Clair Calvert: @204-799-2086

INVESTOR COMMUNICATIONS:
Benton Resources Corp. utilizes the AGORACOM Investor Relations System.  AGORACOM has created a Benton Resources Investor Relations Hub that allows both AGORACOM and management to communicate with investors anytime and in real-time, thus ensuring the fastest and most transparent method of information dissemination to our valued shareholders. In addition, investors are able to amalgamate and discuss information pertaining to Benton Resources in a monitored discussion environment, as well as, ask questions and receive answers pertaining to every facet of the company. Please click on the AGORACOM logo in order to be taken directly into the Benton Resources Investor Relations Hub.  http://www.agoracom.com/ir/benton

 

BTC.V
Last0.42
Change0.00
%Change0.00%
Volume37700
Last3:23pm 2/3/2012

Enter your email address below to receive
updates from Benton Resources Corp.

      

RR#2 3250 West Arthur St
Thunder Bay, ON
P7C 4V1
(P) 807.475.7474
(F) 807.475.7200

Corporate  .  News Releases  .  Projects  .  Investor Info  .  Contact  .  Home