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To: onepath who wrote (42457)6/14/2007 9:44:52 AM
From: roto  Respond to of 78426
 
Benton and Grandcru discover new uranium-rich zones within potential IOCG environment
Thursday June 14, 9:21 am ET

THUNDER BAY, ON, June 14 /CNW/ - Benton Resources Corp. ("Benton") and joint venture partner Grandcru Resources Corp ("Grandcru") are pleased to announce additional assay results from new zones identified by prospecting on the South Sibley block, one of three blocks of claims that comprise the joint venture property in the Sibley Basin. The initial eight assays previously released (BTC PR May 24, 2007) returned encouraging grades up to 0.21% U(3)08. Since then new samples collected from a recent discovery of mineralized hematite breccia returned assays grading up to 1.01% U(3)08, 71.0 grams per tonne (gpt) silver, 0.20% copper, and 0.15% lead. These samples also contain elevated values for molybdenum (up to 440 ppm, background 12 ppm), arsenic (up to 139 ppm, background 5 ppm), and rare earth elements cerium (up to 466 ppm, background 60 ppm), and lanthanum (up to 221 ppm, background 12 ppm).
The coincident uranium-copper-silver assays in a hematite breccia host along with the enriched element values suggest a similar geochemical signature as noted in IOCG deposits around the world (Olympic Dam in Australia, Salobo in Brazil). The samples cover an area measuring approximately 200 metres by 250 metres and are proximal to the Goodmorning Lake fault zone. Preliminary data from the recently completed airborne geophysical survey (Geotech Ltd., VTEM) suggest the mineralization is associated with conductive electromagnetic biz.yahoo.com