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To: Goose94 who wrote (3576)12/9/2013 10:52:40 AM
From: Goose94Respond to of 202904
 
Benton Resources (BEX-V) has acquired by staking a 100-per-cent interest in 28 claim units located 2.5 kilometres northeast of the Beaver Brook antimony mine and 64 claim units nine km to the southwest of the mine. These new claims cover the favourable stratigraphy that hosts the Beaver Brook antimony deposit in central Newfoundland. Great Atlantic Resources Corp. shut down Beaver Brook, the only antimony mine in North America, in December of 2012, citing lack of ore. Recent literature in the public domain suggests that current global reserves of antimony will be depleted during the next decade. Applications for antimony include fire retardants, acid car batteries, anti-friction bearings, and other metallic alloys, glass and pharmaceuticals. The flame retardant and lead-acid battery sectors accounted for 80 per cent of all use of the metal in 2010. Currently, China dominates the world market in antimony similar to the rare-earth-metals sector. Benton is planning to complete a modest soil geochemical survey and prospecting program, which will be completed by Benton team member Calvin Keats, one of the prospectors responsible for the discovery of the Beaver Brook antimony deposit. Stephen Stares, president and chief executive officer, commented: "While Benton remains focused on advancing our Cape Ray project towards production, we are continually looking for cost-effective opportunities to acquire strategically favourable claims in close proximity to former-producing assets in mine-friendly jurisdictions. We feel this project encompasses those attributes and will actively seek a partner to assess the project's potential."

Clinton Barr (PGeo), vice-president of exploration for Benton Resources, is the qualified person responsible for this release.

News Release dated Nov 9, 2013



To: Goose94 who wrote (3576)3/12/2014 1:25:00 PM
From: Goose94Read Replies (2) | Respond to of 202904
 
Benton Resources (BEX-V) March 12, '14 has regained a 100-per-cent interest in the Onion Lake copper-nickel-platinum-group-element project located 30 kilometres north of Thunder Bay, Ont. The project was under option to Glory Resources Limited ("Glory"), an Australian-based junior currently being acquired by Eldorado Gold Corp. ("Eldorado"). Due to assessment deficiencies, Benton will receive an $80,000 payment in lieu and the return of a 100% interest in the project from Eldorado.

Benton considers the Onion Lake project to be highly prospective for the discovery of Platinum (Pt), Palladium (Pd), Copper (Cu), and Nickel (Ni) mineralization. The property abuts the potential western strike extent of Panoramic Resources Ltd's Thunder Bay North deposit which has an Indicated mineral resource of 9.83 million tonnes grading 2.34g/t Pt-Eq for 741,000 Pt-Eq ounces and a further Inferred mineral resource of 0.53 million tonnes at 2.87g/t Pt-Eq for 49,000 Pt-Eq ounces (2011 JORC compliant mineral resource estimate, see www.panoramicresources.com). In addition, the Onion Lake property also borders the recently announced discovery of 20.2m grading 3.22gpt Pt+Pd+Au, 0.25% Cu and 0.11% Ni made by partners Transition Metals (XTM-V) and Impala Platinum Holdings Limited on their Sunday Lake project.

In the last four years, Glory has expended more than $1.2 million in exploration on the Onion Lake project and identified multiple highly prospective targets that Benton plans to follow up this year.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the qualified person responsible for this release.