THUNDER BAY, ON, Nov. 13 /CNW/ - Benton Resources Corp. ("Benton") is
pleased to report that Benton has been notified by its partner Teck Cominco
Limited ("Teck Cominco") that under the Kingurutik Lake (previously King Lake)
participation agreement Teck Cominco has elected to exercise its right to earn
a further 10% interest in the project, thereby increasing its interest to 60%,
by spending the next $4 million in exploration on the project.
Benton management believes that Teck Cominco's decision continues to
support the fact that the project is an exceptional Cu-Ni-Co exploration
project that has the possibility to host a large magmatic Cu, Ni and Co type
deposit at Kingurutik Lake where grab sample results assayed up to 6.0% Cu,
1.18% Ni and 0.26% Co associated with conductive zones on the large property.
The target zones outlined by the airborne survey have been labeled
alphabetically A through V and sample results for all targets, along with a
location map, have been posted on Benton's Web site at www.bentonresources.ca.
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 REVIEWED 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 Litigation Reform act of 1995.
Investors are cautioned that such forward-looking statements involve risks and
For further information:
For further information: Stephen Stares @ 3290 Willard Ave, Thunder Bay,
Ont., P7E 6J7, 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