Benton Continues to Deliver High-Grade Gold Results at Great Burnt, Including 31.35 g/t from New Surface Sampling
Benton (OTC:BNTRF) reported new high-grade surface and bedrock gold assays at Great Burnt, including 31.35 g/t Au, plus 4.57, 2.56 and 1.19 g/t from nearby sampling. Drilling and surface sampling now define a minimum strike length >280 m for the new zone, which remains open to the north. The company is planning immediate follow-up prospecting, soil sampling, trenching and further drilling; drill core is being logged and will be sent to Eastern Analytical for assays.
Financing: Benton filed for final TSXV approval to close a $1,980,011 private placement (Units at $0.055), issuing 2,627,272 Units in the second tranche toward a total 36,000,182 Units, with 5-year warrants at $0.10. Proceeds will fund Newfoundland projects and working capital; securities are subject to a four-month hold.
Benton (OTC:BNTRF) ha riportato nuove campionature superficiali e di bedrock ad alta qualità d'oro a Great Burnt, tra cui 31,35 g/t Au, oltre a 4,57, 2,56 e 1,19 g/t da campionamenti vicini. Le perforazioni e le campionature superficiali definiscono ora una lunghezza di giacitura minima >280 m per la nuova zona, che resta aperta a nord. L'azienda pianifica immediati follow-up di prospezione, campionamento del suolo, trinceamento e ulteriori trivellazioni; il core di trivellazione viene registrato e sarà inviato all'Eastern Analytical per le analisi.
Financing: Benton ha presentato la domanda di approvazione finale da TSXV per chiudere una private placement di $1,980,011 (Unità a $0,055), emettendo 2,627,272 Unit in seconda tranche per un totale di 36,000,182 Unit, con warrant di 5 anni a $0,10. I proventi serviranno a finanziare progetti a Terranova e capitale circolante; i titoli sono soggetti a lock-up di quattro mesi.
Benton (OTC:BNTRF) reportó nuevos muestreos de oro de alta ley en superficie y en roca basal en Great Burnt, incluyendo 31,35 g/t Au, además de 4,57, 2,56 y 1,19 g/t de muestreo cercano. Las perforaciones y el muestreo en superficie definen ahora una longitud de rumbo mínima >280 m para la nueva zona, que sigue abierta al norte. La empresa planea prospección de seguimiento inmediato, muestreo de suelos, zanjadas y más perforaciones; el núcleo de perforación está siendo registrado y será enviado a Eastern Analytical para análisis.
Financiamiento: Benton presentó la solicitud de aprobación final de TSXV para cerrar una colocación privada de $1,980,011 (Unidades a $0,055), emitiendo 2,627,272 Unidades en la segunda tranche hacia un total de 36,000,182 Unidades, con warrants de 5 años a $0,10. Los fondos financiarán proyectos en Terranova y capital de trabajo; los valores están sujetos a un periodo de bloqueo de cuatro meses.
Benton (OTC:BNTRF)은 Great Burnt에서 새로운 고품위 표면 및 기암 금 시료를 보고했습니다. 포함된 31.35 g/t Au 및 인근 시료에서 4.57, 2.56, 1.19 g/t가 있습니다. 시추 및 표면 시료 채집으로 새로운 존의 최소 스트라이크 길이 >280 m가 정의되었고 북쪽으로는 여전히 열려 있습니다. 회사는 즉시 후속 탐사, 토양 시료 채취, 트렌칭 및 추가 시추를 계획하고 있습니다; 시추 코어는 기록 중이며 분석은 Eastern Analytical에 보내질 예정입니다.
자금 조달: Benton은 최종 TSXV 승인을 받아 개인 배정을 마감하기 위한 신청을 제출했으며, $1,980,011(단위 가격 $0.055)으로 2,627,272 단위를 발행하고, 총 36,000,182 단위를 목표로 두 번째 차를 통해 발행하며 5년 만기의 워런트를 $0.10에 제공합니다. 자금은 Newfoundland 프로젝트와 운전자본을 위해 사용되며 증권은 4개월의 락업 대상입니다.
Benton (OTC:BNTRF) a publié de nouveaux dosages d'or en surface et en roche mère de haute teneur à Great Burnt, y compris 31,35 g/t Au, ainsi que 4,57, 2,56 et 1,19 g/t issus d’échantillonnages voisins. Les forages et l’échantillonnage en surface définissent désormais une longueur d’ébauche minimale >280 m pour la nouvelle zone, qui reste ouverte au nord. La société prévoit une prospection de suivi immédiate, des sondages de sol, des tranchées et d’autres forages; le cœur de forage est en cours de journalisation et sera envoyé à Eastern Analytical pour analyses.
Financement : Benton a déposé la demande d’approbation finale du TSXV pour clôturer une placement privé de $1,980,011 (Unités à 0,055 $), émettant 2,627,272 Unités dans la deuxième tranche pour un total de 36,000,182 Unités, avec warrants de 5 ans à $0,10. Les fonds serviront à financer des projets à Terre-Neuve et le fonds de roulement; les valeurs mobilières font l’objet d’une période de blocage de quatre mois.
Benton (OTC:BNTRF) meldete neue hochgradige Oberflächen- und Grundgestein-Goldproben bei Great Burnt, einschließlich 31,35 g/t Au, sowie 4,57, 2,56 und 1,19 g/t aus nahegelegenen Proben. Bohrungen und Oberflächenproben definieren nun eine Mindest-Strike-Länge >280 m für die neue Zone, die nach Norden offen bleibt. Das Unternehmen plant sofortige Folgeerkundungen, Bohrloch- und Bodenprobenmessungen; Bohrkern wird protokolliert und an Eastern Analytical für Analysen gesendet.
Finanzierung: Benton hat die endgültige TSXV-Genehmigung beantragt, um eine Privatplatzierung über $1,980,011 abzuschließen (Units zu $0,055), wobei 2,627,272 Units in der zweiten Tranche ausgegeben werden, auf insgesamt 36,000,182 Units, mit 5-Jahres-Warrants zu $0,10. Die Einnahmen finanzieren Projekte in Newfoundland und Betriebskapital; Wertpapiere unterliegen einer Viermonats-Sperrfrist.
بنتون (الرمز OTC:BNTRF) أبلغت عن عينات سطحية وتحت السطح عالية الجودة من الذهب في Great Burnt، بما في ذلك 31.35 g/t Au، بالإضافة إلى 4.57 و2.56 و1.19 g/t من عينات قريبة. الحفر وعينات السطح تُعرف الآن طول اتجاه الحد الأدنى >280 م للمنطقة الجديدة، والتي ما زالت مفتوحة إلى الشمال. تخطط الشركة للمتابعة الفورية بالاستكشاف الميداني، أخذ عيّنات التربة، الحفر في الخنادق ومزيد من الحفر؛ يتم تسجيل لبّ الحفر وسيتم إرساله إلى Eastern Analytical للتحليلات.
التمويل: قدمت بنتون طلباً للموافقة النهائية من TSXV لإغلاق اكتتاب خاص بقيمة $1,980,011 (وحدات بسعر 0.055$)، مع إصدار 2,627,272 وحدة في الشريحة الثانية نحو إجمالي 36,000,182 وحدة، مع وُرَنِتات لمدة 5 سنوات بسعر 0.10$ لكل وحدة. ستستخدم العائدات لتمويل مشاريع نيوفندلاند ورأس المال العامل؛ تخضع الأوراق المالية لقيد حظر لمدة أربعة أشهر.
Benton (OTC:BNTRF) 在 Great Burnt 报告了新的高品位地表和基岩金测试结果，包括 31.35 g/t Au，以及来自邻近采样的 4.57、2.56 和 1.19 g/t。 钻探和地表采样现在确定新区域的最小走向长度 >280 m，并向北方开放。 公司计划立即进行后续勘探、土壤取样、沟槽开挖和进一步钻探；钻芯正在被记录，将送往 Eastern Analytical 进行分析。
融资： Benton 已提交 TSXV 的最终批准，以完成一项私人配售单位价为 $0.055 的募集，发出 2,627,272 单位，第二阶段总计 36,000,182 单位，并提供 5 年期认股权证，行权价为 $0.10。 募集资金将用于纽芬兰项目和营运资金；证券受四个月的禁售期约束。
- Surface high-grade sample of 31.35 g/t Au
- Defined strike length >280 m on new zone
- Drilling aims to connect 2.7 km of gold mineralization
- $1.98M private placement filed for closing
- Issuance of Units and 5-year $0.10 warrants may dilute shareholders
- Key drill assays pending; results not yet released
- Most historical holes in area were not assayed for gold, adding uncertainty
Thunder Bay, Ontario--(Newsfile Corp. - October 8, 2025) - Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has received the high-grade gold results up to 31.35g/t (grams per ton) from surface prospecting located just a few hundred meters northwest from the Great Burnt Copper Deposit (Figures 1 and 2, Table 1). This new mineralization may represent the northern extension of the previously announced NGB Target (see news release dated September 10, 2025) where drill hole GB-25-63 intersected 5.46g/t gold and
Limited exposure more than 200 m NNW of GB-25-63 describes the zone as a silicified mafic volcanic, containing breccia and fractured-filled pyrrhotite and chalcopyrite mineralization up to 5 m in width. This area has seen very little historical exploration and remains wide open to the north. Multiple samples collected from the trend returned assays above 1.0g/t gold. The Company is planning immediate follow-up work, including further prospecting to the north, soil sampling and trenching.
Benton continues to identify new high-priority drill targets on the project and will aim to test several of these targets in the current drill campaign. Drilling also continues in the South Pond Area with the goal of connecting more than 2.7 km of gold mineralization, which is open to the north and south (Figure 1). The drill core for all holes is currently being logged, cut and sampled and will immediately be sent to Eastern Analytical for gold and ICP base metal assays. Results will be released as soon as received and compiled.
Table 1: Rock Sample Descriptions:
To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3657/269612_bentontable1.jpg
In addition the Company has decided to limit its current financing to a maximum of
Figure 1: Great Burnt Project Targets
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https://images.newsfilecorp.com/files/3657/269612_870d647734a9fa39_003full.jpg
Figure 2: North Great Burnt (NGB) Target Area
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https://images.newsfilecorp.com/files/3657/269612_870d647734a9fa39_004full.jpg
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) @ 30 g + 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 @
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/269612
FAQ
What grade did Benton report at Great Burnt on October 8, 2025 (BNTRF)?
How large is the newly defined zone near the NGB target at Great Burnt (BNTRF)?
What follow-up work will Benton (BNTRF) perform after the October 8, 2025 results?
How much financing did Benton file to close and what are the terms (BNTRF)?
Will the securities from Benton's financing be restricted (BNTRF)?
Are the recent drill results from Great Burnt final and available now (BNTRF)?
