The Swayze joint venture was formed to explore for nickel-copper-platinum-palladium deposits in the ultramafic rocks of the Swayze Greenstone Complex, centered 80 km southwest of Timmins. Land holdings include three claim blocks totaling 670 units located in Tooms, Heenan and Kenogaming Townships. The Tooms Property is host to several nickel showings with historic drill core values of up to 0.83% Ni over 7.3m including 2.5% Ni over 1.6m (MNDM assessment files). On the Heenan Twp claim block, a 20 km grid has been established and ground magnetic and induced polarization surveys (IP) have been completed over a new gold-bearing zone discovered by prospectors John Hussey and Armand Aube of Timmins, Ontario. Initial surface grab samples from the zone have returned up to 4.3 grams per tonne gold.
Benton Resources Corp. and Pacific North West Capital are participating in a 50% - 50% Joint Venture whereby both Companies agree to bear all expenditures and participate in a single purpose unincorporated Joint Venture for the purpose of carrying out all mineral exploration. Benton is the Operator for the project and will be responsible for carrying out all exploration activities.
