Benton Resources (BEX-V) stakes 746 claim units at Mealy
July 31, 2013 - News Release
Benton Resources Inc. has acquired through staking 746 claim units representing approximately 194 square kilometres within the Mealy Lake intrusion. The new project is contiguous and directly along strike of Altius Minerals Corp.'s 256-square-kilometre Natashquan property located approximately 140 kilometres southwest of Churchill Falls in Labrador. Altius has recently announced a new nickel-copper-cobalt-platinum-group-element discovery and that it has entered into a joint venture agreement with Anglo American whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. Exploration highlights from Altius's Nastashquan discovery include 2.68 grams per tonne combined platinum, palladium and gold (grab); 6.14 per cent Cu and 388 parts per billion Pt; 1.04 g/t combined Pt, Pd, Au and 1.06 per cent Cu over 1.30 metres (channel); 1.04 combined Pt, Pd, Au and 3.92 per cent Cu over 1.00 m (channel); 2.49 g/t combined Pt, Pd and Au and 1.07 per cent Ni (grab); several grab samples greater than 7 per cent Cu; and soil samples up to 26,000 parts per million Cu." (See Altius website.) Benton is currently planning an airborne magnetic and electromagnetic survey to be followed by geological mapping, prospecting and soil sampling on anomalies identified from the new survey.
Additionally Benton has commenced exploration on the company's 100-per-cent-owned Cape Ray gold project in southwestern Newfoundland as well as permitting a further 15 to 20 new drill sites on its Elizabeth Anne gold project located in San Bernardino county, California.
Clinton Barr (PGeo), vice-president of exploration for Benton Resources, is the qualified person responsible for this release.
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