RE:Should be a Quiet U.S. Thanksgiving trading day but... Thunder Bay ON, May 6, 2021 – Benton Resources Inc. (‘Benton’ or ‘the Company’) (TSX-V: BEX) is pleased to announce the expansion of its Long Range Gold JV project in central Newfoundland. The Long Range project, a 51:49 per cent Joint Venture between Buchans Minerals Corporation (“Buchans”) and Benton (jointly “the Companies”), has been expanded from 3,750 hectares to 11,050 hectares through the recent acquisition of additional properties covering multiple early-stage gold prospects. The Companies intend to undertake a targeted prospecting program commencing in June that will include prospecting and investigation of the recently acquired gold prospects as well as follow-up prospecting of the JV’s high-grade Goldquest prospect, originally discovered in 2010 and last explored by the JV in 2011.
The 2021 program will be operated by Benton, a company known for its superior prospecting abilities and long history exploring in Newfoundland. The 2021 program will include a minimum initial expenditure of $150,000 and may be further expanded as warranted by results. As the majority interest holder in the JV, Buchans retains rights to resume operatorship of the project in 2022 and is pleased to bring Benton’s prospecting talents to bear on this underexplored project which had seen almost no previous gold exploration prior to the JV discovering the Goldquest prospect while exploring for nickel in 2010.
The expanded Long Range project is located approximately 25 km west of Marathon Gold’s Valentine project and hosts multiple orogenic quartz vein-hosted gold in bedrock prospects akin to other high-profile gold discoveries in central Newfoundland including New Found Gold’s Queensway Project (i.e., Keats and Lotto gold prospects) and Marathon Gold’s Valentine progect.
-Maybe Killick , maybe South Pond .
-Seems like Something good.
-Draw Your Own conclusions
So I checked back on a few news releases from Benton and it started back with Rio Tinto, Clean Air Metals, Metallica Metals, Thunder Gold, Eric Sprott, St. Anthony Gold , Starr Gold and than Buchans .
The best part now is that Cnatera Minerals just took over Buchans ! So what's with the joint venture now ?
The one name that stuck out is number one on top ( RIO TINTO )
Interesting times ! BCRNW
project.