Benton Confirms High Gold Grades and Acquires Additional Claims at the Stoney Caldera Gold Zone in Newfoundland

Rhea-AI Summary

Benton Resources (TSXV: BEX) announced on November 18, 2025 a conditional purchase of 4 claim units (1 km2) in Newfoundland for $6,000 plus 125,000 common shares, with the Vendor retaining a 2% NSR and Benton able to buy back 1% for $1,000,000.

The parcel is surrounded by Benton's Stoney Caldera land and adjoins a previously discovered visible-gold outcrop that assayed 4.03 g/t Au. Recent company visits confirmed widespread quartz flooding; samples were submitted and results will be released when received.

Historic and recent sampling across the Stoney Caldera Project returned highs including 6.41 g/t Au (historic), 5.2 g/t Au (recent grab), 4.41% Cu (RO grab) and 2.74% Cu at other occurrences; these targets are untested by drilling.

Positive

• Acquisition consolidates adjacent Stoney Caldera land for 1 km2
• Deal cost: $6,000 cash plus 125,000 shares
• Recent company sampling returned up to 5.2 g/t Au
• Historic sampling includes up to 6.41 g/t Au and 2.74% Cu
• Company can reduce NSR to 1% by buying back for $1M

Negative

• Vendor retains a 2% NSR (potential long-term royalty burden)
• Key zones described are untested by drilling
• Reported assays include grab samples, which may not represent average mineralization

Thunder Bay, Ontario--(Newsfile Corp. - November 18, 2025) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has, subject to TSX Venture Exchange approval, entered into a purchase agreement with an arms-length Newfoundland prospector (the "Vendor") to acquire 4 claim units (the "Property") covering one square kilometre in Newfoundland. Upon approval, the Company will pay the Vendor $6,000 and issue 125,000 common shares of the Company for a 100% interest in the Property. The Vendor will retain a 2% NSR while the Company will have the right to buy back one-half (1%) of the NSR for $1 million at any time. No finders' fees were paid in connection with this acquisition.

The Property is important as Benton's current Stoney Caldera land position surrounds the acquired parcel and is host to a previously discovered gold zone containing visible gold in outcrop that assayed 4.03 g/t gold (Au) (see Aurwest Resources Corporation news release dated December 12, 2022). A recent visit by Company personnel has confirmed the presence of widespread quartz flooding in a felsic intrusive unit, the Company has sampled multiple mineralized areas of quartz and submitted them for assay, the results will be released when received.

As previously announced in the Company's news release dated October 16, 2025, the Company acquired a 100% interest in the Stoney Caldera Project ("SCP") located along The Great Copper Gold Corridor directly along strike to the northeast of the Great Burnt Project and to the southwest of Sokoman Minerals Corp.'s Moosehead project. Research revealed the SCP possesses multiple high-grade copper and gold occurrences discovered by exploration conducted by previous holders of the SCP. This historic work generated prosecting samples that graded from trace up to 6.41g/t Au, 0.42% copper (Cu), in local float/sub-crop, described as semi-massive sulphides of pyrrhotite and chalcopyrite in a chlorite-rich matrix at the CEC occurrence ("CEC"). Other significant zones include grab samples in outcrop grading from trace up to 2.74% Cu and 0.087% cobalt (Co) in the Reid Occurrence ("RO") in outcrop with a strike length of >25 m in a limited exposed area. The Company is pleased to announce that these areas have been relocated, and recent sampling conducted by the Company has confirmed the presence high grade gold, lead (Pb), copper and cobalt. Selected grab samples from the CEC returned results from trace up to as high as 5.2g/t Au, 0.5% Cu and 1.77% Pb and 0.032% Co. Sampling at RO returned results grading from trace up to 4.41% Cu and 0.156% Co. Theses areas have never been drill-tested.

A map of SCP (see Figure 1) as well as highlights and descriptions of Benton's projects is below.

Figure 1: Stoney Caldera Project Map

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/274975_ac1840feb4ebdacb_002full.jpg

Highlights of Benton's Newfoundland Project Portfolio

• Large land holdings in Newfoundland, one of Canda's hottest mining jurisdictions
• Proximal to Equinox Gold, Canterra Minerals Corporation, Sokoman Minerals Corp.
• Dominion Lake hosts new, high-grade base metal and gold showings surrounding Canterra's Daniel's Pond and Bobby's Pond VMS deposits and lies just 8km north of Equinox Gold
• Victoria West sits directly along strike to the west from Equinox Gold's Valentine gold mine and less than 2 km from drilling at Frank Zone which cut 172.8 m grading 2.43g/t gold, incl 90.9 m grading 3.84g/t gold.
• The new Stoney Caldera Project is host to multiple untested areas of high-grade gold and copper and is situated along the same structural corridor as Benton's Great Burnt Lake and South Pond deposits
• Wide intercepts of high-grade copper at the Great Burnt Deposit over 950 m in strike length
• Wide intercepts of gold over 2.7 km at the South Pond Deposit

QP

Stephen House (P.Geo.), Vice President of Exploration for Benton Resources Inc., the 'Qualified Person' under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

QA/QC Protocols

Core and rock samples, including standards, blanks and duplicates, are submitted to Eastern Analytical Ltd., Springdale, Newfoundland for preparation and analysis. All samples were acquired by saw-cut (channels/drill core) with one-half submitted for assay and one-half retained for reference, or hand (rocks) and delivered, by Benton personnel, in sealed bags, to the Springdale lab of Eastern Analytical, which is an accredited assay lab that conforms to the requirements of ISO/IEC 17025. Samples are analyzed using Eastern's Au (Fire assay) @ 30g + ICP-34 method that delivers a 34-element package utilizing a 200 mg subsample totally dissolved in four acids and analyzed by ICP-OES analytical technique. Overlimits are analysed with Eastern's atomic absorption method, using a 0.200 g to 2.00 g of sample, digested with three acids. All reported assays are uncut. Eastern Analytical Ltd. achieved ISO 17025 accreditation in February 2014 (for more details on the scope of accreditation visit the CALA website). Grab samples are selective in nature and may not represent the average mineralization of a bedrock exposure.

About Benton Resources Inc.

Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Benton has a diversified, highly prospective property portfolio and holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains net smelter return (NSR) royalties with potential long-term cash flow.

Benton is focused on advancing its high-grade Copper-Gold Great Burnt Project in central Newfoundland, which has a Mineral Resource estimate of 667,000 tonnes @ 3.21% Cu Indicated and 482,000 @ 2.35% Cu Inferred. The Project has an excellent geological setting covering 25km of strike and boasts six known Cu-Au-Ag zones over 15km that are all open for expansion. Further potential for discovery is excellent given the extensive number of untested geophysical targets and Cu-Au soil anomalies. Phase 1 and 2 drill programs returned impressive results including 25.42 m of 5.51% Cu, including 9.78 m of 8.31% Cu, and 1.00 m of 12.70% Cu. Drilling at the South Pond Gold Zone, approximately 7.5 km north of the Great Burnt Copper-Gold Zone, has confirmed a robust gold-mineralized system over 2.5 km with results of 74.20 m of 1.43g/t Au and 43.75 m of 1.62g/t Au and is open for expansion in all directions.

On behalf of the Board of Directors of Benton Resources Inc.,

"Stephen Stares"

Stephen Stares, President

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

For further information, please contact:

Stephen Stares, President & CEO
Phone: 807-474-9020
Email: sstares@bentonresources.ca

Nick Konkin, Investor Relations
Phone: 647-249-9298 ext. 322
Email: nick@grovecorp.ca

Website: www.bentonresources.ca
Twitter: @BentonResources
Facebook: @BentonResourcesBEX

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Company's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Company's prospects, properties and business detailed elsewhere in the Company's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/274975

FAQ

What did Benton Resources (TSXV: BEX) announce on November 18, 2025 about Stoney Caldera?

Benton announced a conditional purchase of 4 claim units (1 km2) for $6,000 plus 125,000 shares, with a 2% NSR retained by the Vendor.

How can Benton reduce the Stoney Caldera NSR and what is the cost?

Benton has the right to buy back 1% of the 2% NSR for $1,000,000 at any time.

What high-grade assay results does Benton report for the Stoney Caldera Project as of November 18, 2025?

Historic and recent sampling cited highs including 6.41 g/t Au (historic), 5.2 g/t Au (recent grab) and 4.41% Cu in grab samples.

Has Benton drill-tested the high-grade zones at Stoney Caldera (TSXV: BEX)?

No; the release states those areas have never been drill-tested and remain untested targets.

When will Benton release assay results from the recent Stoney Caldera sampling?

The company said recent samples were submitted and results will be released when received.