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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 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 Betteryear2on Feb 10, 2023 8:38am
737 Views
Post# 35279146

Benchmark Advances Its Gold-Silver Project

Benchmark Advances Its Gold-Silver Project

Edmonton, Alberta--(Newsfile Corp. - February 10, 2023) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to provide an update for its Environmental Baseline Programs and progress towards adding high-grade underground gold-silver mineralization for inclusion to future Engineering and Economic Studies. Work programs have advanced in-field engineering work at a level that is suitable towards a Feasibility Study. Baseline Environmental Programs are near suitability and completion level for an Environmental Assessment (EA) submission. Benchmark's flagship, 100% owned Lawyers Gold-Silver Project (the "Project") is located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.

Progress Highlights

  • Initiated a series of optimization studies on multiple Project opportunities, including the incorporation of underground mining, that could significantly improve results from the Preliminary Economic Assessment ("PEA" - September 9, 2022);
  • Continued the Environmental Baseline Programs which are on-track to complete the important 2-year milestone in 2023;
  • Generated additional targets for resource expansion and exploration opportunities through a machine learning artificial intelligence model as well as a new geochemical lithology and alteration model for property and deposit scale, which complements the previously developed grade, structural and mineralization models;
  • Initiated planning for the 2023 drilling campaign including opportunities from optimization studies (underground resource definition and expansion) in addition to machine learning & geochemical target generation, and;
  • Progressed annual reporting to meet the Mines Act Permit obligations.



Benchmark Advances Its Gold-Silver Project with Enhanced Environmental and Engineering Programs (newsfilecorp.com)

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