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Benchmark Metals Inc. CYRTD


Primary Symbol: 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 deposits that remain open for expansion. The Company’s wholly owned subsidiary is PPM Phoenix Precious Metals Corp., which primarily holds mineral interests in British Columbia.


TSXV:BNCH - Post by User

Post by tarsandson Oct 27, 2020 6:38pm
201 Views
Post# 31792993

Kemess Mine and Centerra

Kemess Mine and CenterraCenterra bought from Aurico the Kemess Property in late 2017 for $310 million and about 5 million ozs in all categories.

https://magazine.cim.org/en/news/2017/centerra-acquires-aurico-metals-for-310-million/

Gold at that time was around $1350 , now $560 above that or say 41% above the price it was in 2017.

Tack say 41% onto $310 million and it would be $437 million for approx 5 million ozs and the grade is higher with BNCH or at THE Least equivalent too it.

BNCH is targeting 1.75 million ozs middle of the road estimate just for Cliffs, not even counting any gold for AGB Zone or anything else.

And the numbers coming out of AGB will add too it fast !

I expect a resourse of 2.25 million at least early next year.
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