(Cliff Creek cross-section, mage via Benchmark Metals Inc. Click to enlarge.)
On Wednesday,
Benchmark Metals Inc. (TSX-V: BNCH, OTCQB: CYRTF, Forum) reported results from the first phase of drilling at the Cliff Creek Zone at its flagship Lawyers gold and silver project in British Columbia. Through 31 metres, found 2.98 grams per tonne (g/t) gold and 72.77 g/t silver or 3.89 g/t gold equivalent (AuEq), using 80:1 gold to silver ratio.
BNCH added that the results from Cliff Creek are providing a consistent ratio of around 40:1 silver to gold. The heart of the property continues to provide robust gold results and is showing significant quantities of silver.
Benchmark CEO John Williamson explained in the news release that these early results from Cliff Creek highlights the Company’s belief in the underexplored nature of the area, where multiple, discrete zones occur within the same hole.
“The high-grade near surface mineralization helps considerably with the economic potential during the first few years of a potential mining scenario. Additionally, the other shallower holes in the east zone have significant potential to add more gold-silver mineralization and ounces in areas of previously unrecognized mineralization that also remains open at depth and will be tested in the coming weeks.”
For full details on these results, click
here.
This follows recent news from the Canadian mineral exploration Company on the discovery of
new mineralized structures, broad zones of alteration, veining, and sulphide mineralization at the Marmot Zone. The mineralized structures show a strong resemblance to the Companies largest mineralized area, the Cliff Creek Zone that lies 3 km to the northwest. Drill-hole planning is complete, and drilling will commence shortly.
FULL DISCLOSURE: Benchmark Metals Inc. is a client of Stockhouse Publishing.