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Benton Resources continues to foster value with new copper assays

 Trevor Abes Trevor Abes , The Market Online
0 Comments| January 3, 2024

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  • Benton Resources (TSXV:BEX) has released value-accretive assays from its completed phase-I drill program at the Great Burnt copper deposit in Newfoundland
  • Highlights include 9.78 m grading 8.31 per cent copper and 1 m grading 8.77 per cent copper
  • Benton Resources is a mineral exploration company with a diversified, highly prospective portfolio
  • Benton Resources stock (TSXV:BEX) has gained approximately 60 per cent year-over-year, and more than 310 per cent since 2019

Benton Resources (TSXV:BEX) has released value-accretive assays from its completed phase-I drill program at the Great Burnt copper deposit in Newfoundland.

The three drill holes reported Wednesday significantly expand high-grade continuity along strike and down plunge, while remaining open to further expansion.

GB-23-12 yielded 25.42 m grading 5.51 per cent copper, including 9.78 m grading 8.31 per cent copper, near the core of the high-grade lens, the deepest high-grade drill intersection on Great Burnt to date. An interval within this lens returned 8.77 per cent copper, 4.43 g/t gold, 82 g/t silver and 1.12 per cent zinc over 1 m. GB-23-13 and GB-23-14 also encountered the copper-rich zone.

Management is “very encouraged with the expansion of this high-grade system where it remains open up/down dip, down plunge and along strike,” according to a news release, which includes a full list of drill results.

Investors can expect further results as the company prepares for an upcoming drill program to expand, confirm and improve upon known high-grade mineralization at Great Burnt.

Benton Resources is a mineral exploration company with a diversified, highly prospective portfolio spanning gold, silver, nickel, copper, lithium, cesium and platinum group elements.

Benton Resources stock (TSXV:BEX) is up by 2.5 per cent, trading at C$0.205 per share as of 1:09 pm ET. The stock has gained approximately 60 per cent year-over-year, and more than 310 per cent since 2019.

Join the discussion: Find out what everybody’s saying about this Canadian mining stock on the Benton Resources Bullboard, and check out the rest of Stockhouse’s stock forums and message boards.

The material provided in this article is for information only and should not be treated as investment advice. For full disclaimer information, please click here.




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