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
Benton and Grandcru are pleased about the new discoveries and potential
IOCG targets as they search for Athabasca-type uranium deposits under the
Sibley sediments on the unconformity. The South Sibley property has excellent
accessibility and lies only a few kilometers north of the Trans Canada
Highway. Prospecting is ongoing and results from other highly radioactive
zones are anticipated in the near future. A mechanical trenching program is
currently being planned to follow up on other airborne EM responses.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is
the qualified person responsible for this release.
On behalf of the Board of Directors of Benton Resources Corp.
Stephen Stares, President
THE TSX VENTURE EXCHANGE HAS NOT REVEIWED AND DOES NOT ACCEPT
RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
Forward- looking statements in this release are made pursuant to the safe
harbor provisions of the Private Securities.
For further information:
For further information: Stephen Stares, 611 Montreal Street, Thunder
Bay, Ontario, P7E 3P2, Phone (807) 475-7474, Fax (807) 475-7200,
www.bentonresources.ca; Investor relations: In Canada: First Canadian Capital,
Daniel Boase, Phone (416) 742-5600, Fax (416) 742-6410; In U.S.A: The Windward
Agency, Kelly Boatright, Phone (704) 588-8600