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Thunder Bay, ON, June 13, 2019 – Benton Resources Inc. (‘Benton’ or ‘the Company’) (TSX-V: BEX) is pleased to announce that it has received data from its recently flown high-detail airborne magnetic survey and has identified several high priority targets for immediate follow up. Of particular interest is a distinct fold that extends over 600m west from the known mineralization at the Panama Zone. This fold zone has not been previously mapped and is one of many structural features identified by the geophysical survey which Benton will inspect in the field.
Benton will collect soil samples, prospect and map this areaalong with other high priority targets this summer. Further evaluation of thedetailed airborne is currently underway and other targets will be followed upon when received. The Panama project is host to some of the highest unsourcedgold grains (107 grains) in glacial till discovered by the Geological Survey ofCanada, 1999 (Open File 3038).
Benton is also pleased tobe presenting the project this Friday at the CIM Exploration Roundup in RedLake, ON.
Highlights from Benton’srecently released phase I drill program are as follows:
HoleFrom (m)To (m)Interval (m)Gold (g/t)Composite PL-19-01 79.6 87.2 7.6 1.58 1.58 g/t over 7.6 m incl 79.6 84.3 4.7 2.34 2.34 g/t Au over 4.7 m PL-19-02 148.5 155 6.5 1.23 1.23 g/t Au over 6.5 m PL-19-03 79.6 85.4 5.8 1.21 1.21 g/t Au over 5.8 m incl 82.4 84.4 2 2.55 2.55 g/t Au over 2 m PL-19-04 72.8 78.6 5.8 1.07 1.07 g/t Au over 5.8 m incl 75.8 78.6 2.8 1.67 1.67 g/t Au over 2.8 m PL-19-05B 77.5 93.6 16.1 0.57 0.57 g/t Au over 16.1 m incl 89 91 2 2.07 2.07 g/t Au over 2 m PL-19-06 82 83 1 0.427 0.427 g/t Au over 1 m PL-19-07 35.4 36.4 1 0.563 0.563 g/t Au over 1 m PL-19-08 270.5 279 8.4 0.18 0.18 g/t Au over 8.4 m PL-19-09 100 102 2 0.425 0.425 g/t Au over 2 m
Note: Reportedintercepts are core lengths not true widths.
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Nathan Sims (P.Geo.), Senior Exploration Manager for Benton Resources Inc., the ‘Qualified Person’ under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.
On behalf of the Board of Directors of BentonResources Inc.,
"Stephen Stares"
Stephen Stares, President
About Benton Resources Inc.
Benton Resources is awell-funded Canadian-based project generator with a diversified propertyportfolio in Gold, Silver, Nickel, Copper, and Platinum group elements. Bentonholds multiple high-grade projects available for option which can be viewed onthe Company's website. Many projects have an up-to-date 43-101 Reportavailable.
Parties interested in seekingmore information about properties available for option can contact Mr. Stares atthe number below.
For furtherinformation, please contact:
Stephen Stares, President & CEO
Phone: 807-475-7474
Email: sstares@bentonresources.ca
CHF Capital Markets
Cathy Hume, CEO
Phone: 416-868-1079 x231
Email: cathy@chfir.com
Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX
THETSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FORTHE ADEQUACY OR ACCURACY OF THIS RELEASE.
The information contained herein contains "forward-lookingstatements" within the meaning of applicable securities legislation.Forward-looking statements relate to information that is based on assumptionsof management, forecasts of future results, and estimates of amounts not yetdeterminable. Any statements that express predictions, expectations, beliefs,plans, projections, objectives, assumptions or future events or performance arenot statements of historical fact and may be "forward-lookingstatements."
Forward-looking statements are subject to a variety of risks anduncertainties which could cause actual events or results to differ from thosereflected in the forward-looking statements, including, without limitation:risks related to failure to obtain adequate financing on a timely basis and onacceptable terms; risks related to the outcome of legal proceedings; politicaland regulatory risks associated with mining and exploration; risks related tothe maintenance of stock exchange listings; risks related to environmentalregulation and liability; the potential for delays in exploration ordevelopment activities or the completion of feasibility studies; theuncertainty of profitability; risks and uncertainties relating to theinterpretation of drill results, the geology, grade and continuity of mineraldeposits; risks related to the inherent uncertainty of production and costestimates and the potential for unexpected costs and expenses; results ofprefeasibility and feasibility studies, and the possibility that futureexploration, development or mining results will not be consistent with theCompany's expectations; risks related to gold price and other commodity pricefluctuations; and other risks and uncertainties related to the Company'sprospects, properties and business detailed elsewhere in the Company'sdisclosure record. Should one or more of these risks and uncertaintiesmaterialize, or should underlying assumptions prove incorrect, actual resultsmay vary materially from those described in forward-looking statements.Investors are cautioned against attributing undue certainty to forward-lookingstatements. These forward looking statements are made as of the date hereof andthe Company does not assume any obligation to update or revise them to reflectnew events or circumstances. Actual events or results could differ materiallyfrom the Company's expectations or projections.