Benton Resources Inc. is pleased to announce that it has substantially increased the size of it 100%-owned Panama Lake gold project in the Red Lake mining district to 365 claim cells which now covers approximately 7446 hectares. The Panama Lake project is located 55km northeast of the town of Ear Falls and is accessible by road. The new staking [...]
Benton Resources Inc. is pleased to announce that during recent prospecting the Company has made a new discovery on the Panama Lake Gold project. A total of 24 samples were collected across the project area, six of which show promising results in a previously underexplored area. Five samples collected from an altered and silicified sedimentary iron [...]
Benton Resources Inc. is pleased to announce encouraging results from its recently completed trenching program on the Bolton Bay project located 100km west of Thunder Bay, Ontario. The Company completed a total of 8 mechanically-stripped areas over a 3.5km strike length in locations of previously known gold mineralization and newly identified [...]
Benton Resources Inc. is pleased to announce the completion of trenching and channel sampling on its recently acquired Bolton Bay project . The Bolton Bay project is located 120km west of Thunder Bay and is contiguous to Benton's Bark Lake project under option to Rio Tinto. The Company completed a total of 8 mechanically-stripped areas over a 3.5km [...]
Benton Resources Inc. would like to announce that it has entered into an purchase agreement with Canadian Orebodies Inc. whereby Benton will sell the southwest portion the “Goodchild Lake” mining property . The portion of the property being sold consists of 31 claim cells totaling approximately 500 hectares, and covers a prospective trend adjacent [...]
Quadro Resources, Metals Creek Resources and Benton Resources are pleased to announce that they have entered into an option agreement pursuant to which Quadro has acquired the option to earn the one-third interests held by each of MEK and BEX in the new jointly staked Conche Property on Newfoundland's Great Northern Peninsula. To exercise the [...]
Benton Resources and Quadro Resources Inc are pleased to announce that they have entered into an option agreement pursuant to which Quadro has acquired the right to earn Benton's 33.33% interest in the recently staked Conche Property on Newfoundland's Great Northern Peninsula. In order to exercise the Option, Quadro is required to issue 1 million [...]
Benton Resources is pleased to announce that it has completed the sale of its 80% interest in the Cape Ray Gold project to Matador Mining of Western Australia. Under the purchase agreement Benton received a total of A$3.25 million and 8,000,000 common shares of Matador based on an underlying value of A$0.25/share for a total consideration of A$5.25 [...]
Benton Resources Inc. , Metals Creek Resources Corp. and Quadro Resources Inc. are pleased to announce the acquisition of a new property on Newfoundland's Great Northern Peninsula where reconnaissance prospecting discovered a new Galena-Chalcopyrite-Zinc-Fluorite zone. The zone consists of a number of 2-10cm mineralized veins over a 20+ metre wide [...]
Benton Resources is pleased to announce that it has received an update from Matador Mining that their shareholders, via a General Meeting held on May 29, 2018, have voted in favour of acquiring Benton's interest in the Cape Ray project. Pursuant to the binding term sheet, Matador, a Western Australia-based exploration company, will acquire Benton's [...]
Benton Resources is pleased to announce the receipt of positive exploration results from a diamond drill program completed by its partner, Rio Tinto Canada Exploration Inc. on the Company's Bark Lake Cu-Ni-PGE project. Rio Tinto's summary report to Benton details the three holes drilled into the Bark Lake ultramafic intrusion which intersected [...]
Benton Resources is pleased to announce that it has received two cash payments from its recently announced agreements that include AUD$90,000 for the second payment of the Providence Copper-Nickel-PGE property option from Matador Capital Pty Ltd. and an advance payment of AUD$50,000 from Matador Mining of Western Australia towards the sale of the [...]
