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Panama Lake Gold Project

The Panama Lake gold project is hosted in the Red Lake mining district, 55km northeast of the town of Ear Falls and is accessible by road. Historical work is minimal and the last diamond drill campaign on the property was completed by Noranda Exploration Ltd. in 1988 where 8 widely spaced diamond drill holes over a 1.4km strike-length yielded results of up to 2.8g/t Au over 4.5m within a 20-30m wide mineralized shear zone. In addition, a glacial till sampling survey (Geological Survey of Canada, 1999 - Open File 3038) collected a sample on the Panama Lake gold project, which contained 107 gold grains, the highest count in the survey.

In light of Great Bear Resources Ltd.’s new discovery in the Red Lake district (see Great Bear’s press release dated August 22, 2018), Benton has spent a number of days prospecting their Panama Lake gold project which lies 60km east of Great Bear’s Dixie Project. Benton has staked a number of cell claims enlarging the Panama project to over 7000 hectares. The Company has initiated further till sampling along with prospecting along prospective trends, results will be released as they become available.

 

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684 Squier St
Thunder Bay, ON
P7B 4A8
(P) 807.475.7474
(F) 807.475.7200

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