Benton Resources Inc. is pleased to announce that it has signed a binding option agreement with Maxtech Ventures Inc. pursuant to which MVT will have the option to earn up to a 100% interest in Benton's 100%-owned Panama gold project in the Red Lake Mining district, Ontario . Under the terms of the Option Agreement, subject to regulatory approval [...]
Regency Gold Corp. is pleased to announce that it has signed an arm's-length non-binding letter of intent dated October 11, 2019, with Benton Resources Inc. which sets out a proposed transaction pursuant to which Benton will grant Regency an option to acquire Benton's rights to acquire, under its pre-existing agreements with Rio Tinto Exploration [...]
Benton Resources Inc. is pleased to announce that it has signed a letter of intent with Regency Gold Corp. which sets out a proposed transaction pursuant to which Regency will acquire from Benton an option to acquire the Company's rights to acquire, under its pre-existing agreements with Rio Tinto Exploration Inc. and Panoramic Resources Inc. , a [...]
Benton Resources Inc. is pleased to announce that Rio Tinto Exploration Canada Inc. and the Company have agreed to terminate the purchase agreement signed on July 2, 2019 and replace it with an option agreement pursuant to which RTEC will grant Benton the option to acquire a 100% ownership interest in the Escape Lake property, subject to a 1% net [...]
Benton Resources Inc. is pleased to announce that Panoramic Resources Inc. has agreed to extend the terms associated with the initial binding purchase agreement and amended binding purchase agreement for an additional 30 days to November 3, 2019 . Under the Transaction, Benton has agreed to acquire all of Panoramic's shares in its 100%-owned [...]
Benton Resources Inc. is pleased to announce that it has signed a binding letter of intent with Maxtech Ventures Inc. in which MVT will have the option to earn a 100% interest in Benton's 100%-owned Panama gold project in the Red Lake Mining district, Ontario. Pursuant to the terms of the BLOI, Maxtech will have a 30-day due diligence period and [...]
Benton Resources Inc. announced today that it has amended the binding purchase agreement signed on July 2, 2019 with Panoramic Resources Inc. . Under the PAN Agreement, Benton has agreed to acquire all of Panoramic's shares in its wholly-owned subsidiary, Panoramic PGMs Canada Ltd., which holds the Thunder Bay North PGM project for C$9.0 million in [...]
Benton Resources Inc. today announced that it has sold 8.0 million shares of Matador Mining Ltd for gross proceeds of CDN$1.803 million. Proceeds will be used to help finance the previously announced purchase of Rio Tinto's Escape Lake Deposit and Panoramic's Thunder Bay North Deposit. Benton continues to hold 800,000 warrants of Matador with a [...]
Benton Resources Inc. today announced that in support of this previously announced transaction, a Geological report completed in accordance with NI 43-101 and the TSX Venture Exchange's Appendix 3F has been submitted to the Exchange for review and comment. The report will be publicly filed once the Exchange review is completed. Benton anticipates [...]
Highlights: High-grade, near-surface Platinum Group Metals deposits with a historic resource. Excellent infrastructure, with a paved highway and established logging roads. Drilling highlights on the 30,000 hectare Thunder Bay North Property include historic high-grade intercepts of 46.65 m @ 10.1 g/t Platinum+Palladium+Gold with 1.62% Copper+Nickel [...]
Benton Resources Inc. is pleased to announce that it has received data from its recently flown high-detail airborne magnetic survey and has identified several high priority targets for immediate follow-up. Of particular interest is a distinct fold that extends over 600 m west from the known mineralization at the Panama Zone. This fold zone has not [...]
Benton Resources Inc. today announced that it has completed a 1,913-line kilometre, High-Resolution Heliborne Magnetic Survey over the entire Panama Lake Project. The survey will be a valuable tool in delineating structure and lithological contacts, two very important features which control gold mineralization throughout the Red Lake District [...]