Benchmark Increases Overall Gold Ounces by 44% and 77% Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to announce a significant increase to its global bulk-tonnage Mineral Resource Estimate (MRE) for its flagship Lawyers Gold-Silver Project. The MRE comprised of 1,097 drill holes totaling 200,000 metres collectively from the Cliff Creek, AGB and Dukes Ridge deposits were used for Mineral Resource Estimation. The 100% owned Lawyers Gold-Silver Project is located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.
John Williamson, CEO, commented, "The expanded Mineral Resource Estimate is demonstrating the world-class potential of Benchmark's multi-million-ounce gold-silver deposits. The Company has provided one of the highest-grade, open pitable mining projects in North America. The 2021 drill program and winter 2022 drill program has significantly de-risked the project with approximately 90 percent of the Mineral Resource within the Measured + Indicated classification. With the deposits open, further resource growth is possible and the Project has numerous targets that may develop into near mine satellite deposits. The company has drilled-out a significant amount of gold and silver ounces that is not included in the $1700 pit shell. At higher precious metals prices, the contained gold increases significantly. The MRE comprises of proven economically minable material while the remaining, outside of pit gold and silver will provide a significant opportunity as the price of precious metals increases."
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