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Bullboard - Stock Discussion Forum Benchmark Metals Inc. V.BNCH

Benchmark Metals Inc. is a Canada-based gold and silver company. The Company is primarily focused on the identification, acquisition, exploration and evaluation of mineral properties. The Company owns Lawyer’s Gold-Silver Project, which is located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Lawyer’s Gold-Silver Project consists of approximately three mineralized... see more

TSXV:BNCH - Post Discussion

Benchmark Metals Inc. > Benchmark upgrades Lawyers gold resource
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Post by Tadeus on Jun 15, 2022 11:35am

Benchmark upgrades Lawyers gold resource

Benchmark Metals Inc. June 13 announced that its Lawyers gold-silver project in Northern British Columbia now hosts 2.74 million ounces of gold and 52.9 million oz of silver in the measured and indicated resource category.
The updated resource for Lawyers includes the results from 200,000 meters of drilling completed in 1,097 holes at the Cliff Creek, AGB and Dukes Ridge deposits.
"The expanded Mineral Resource Estimate is demonstrating the world-class potential of Benchmark's multi-million-ounce gold-silver deposits," said Benchmark Metals CEO John Williamson. "The company has provided one of the highest-grade, open pitable mining projects in North America."
According to the new calculation, the three deposits at Lawyers host 67.38 million metric tons of measured and indicated resources averaging 1.26 grams per metric ton (2.74 million oz) gold and 24.39 g/t (52.9 million oz) silver; plus 4.87 million metric tons of inferred resource averaging 2.39 g/t (378,000 oz) gold and 39.41 g/t (6.2 million oz) silver.
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