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Bullboard - Stock Discussion Forum Benton Resources Inc. V.BEX

Alternate Symbol(s):  BNTRF

Benton Resources Inc. is a mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC... see more

TSXV:BEX - Post Discussion

Benton Resources Inc. > Nice resource to build on.
View:
Post by stockwatcher7 on Jan 05, 2024 12:25pm

Nice resource to build on.

Great Burnt Copper-Gold Project

The Great Burnt Main Zone has an NI 43-101 compliant resource prepared in 2022 for Spruce by P&E Mining Consultants Inc. of 667,000 Tonnes (47.2 Mlb) Cu at 3.21% (indicated) and 482,000 Tonnes (25.0 Mlb) Cu at 2.35% (inferred) contained within mining lease 211(10210M). The Copper resource remains open to the south and at depth. Highlights of the drill programs to date include:

Comment by stockwatcher7 on Jan 05, 2024 12:29pm
Should have included  some of the intersections.... grade is king Great Burnt Copper-Gold Project The Great Burnt Main Zone has an NI 43-101 compliant resource prepared in 2022 for Spruce by P&E Mining Consultants Inc. of 667,000 Tonnes (47.2 Mlb) Cu at 3.21% (indicated) and 482,000 Tonnes (25.0 Mlb) Cu at 2.35% (inferred) contained within mining lease 211(10210M). The Copper ...more  
Comment by BlueChipper2020 on Jan 05, 2024 2:50pm
The old 43-101 is uselss since it signifantly undestated the tonnage and the grade just based on what BEX has done and is doing. The old tonnage was too small. The actual grades based on the wider drills are way higher and is hitting in areas where there were blanks before.  GLTA BC
Comment by Surething1 on Jan 05, 2024 10:05pm
BC, If I might add a little......I believe that Spruce ridge used a standard size drill core in recent drilligs, represented by square outlines. These drill core would represent a much more accurate accounting of mineralization. The circular patterns represent the much older drilling done with a much smaller drill core(winkie) done in the 60s and 70s. This smaller drill core can be accurate up ...more  
Comment by Oilminerdeluxe on Jan 06, 2024 5:00am
Spruce owns 30% of this? Or how is the deal? Forgive me if I am wrong.
Comment by Surething1 on Jan 06, 2024 10:23am
Oilminer, Once Benton has completed earn in rights,  Spruce will cede over 70% interest to Benton. Should be a win win for both parties. Best S
Comment by Oilminerdeluxe on Jan 06, 2024 11:10am
Thanks. Appreciated.
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