THUNDER BAY, ON, Nov. 16 /CNW/ - Benton Resources Corp. ("Benton") is
pleased to announce the acquisition by staking of two new copper-nickel-cobalt
(Cu-Ni-Co) projects in Labrador. The Delta property is located approximately
25km to the southeast of the Voisey's Bay Cu-Ni-Co deposit and the Rim
property is located approximately 100 km south of the Voisey's Bay deposit.
The Delta property is situated in a geological setting consisting of
mafic intrusive rocks (troctolitic and gabbroic) with coincident aeromagnetic
features and locally anomalous copper, nickel, and cobalt in lake sediments.
The Delta property is composed of two claim blocks totaling 184 units and is
enclosed by CVRD Inco claims that are currently undergoing Ni-Cu-Co
The Rim property consists of seven claim blocks totaling 1566 claims
units that cover similar geophysical and geochemical features noted in the
Voisey's Bay deposit area. The project is situated along the rim of a large
mid-Proterozoic intrusive complex and cut by numerous structures. Historical
diamond drilling adjacent to the Rim property intersected high grade Cu-Ni-Co
mineralization grading up to 10.2% Cu, 11.6% Ni, and 0.42% Co during the late
1990's (Donner Metals Ltd. website, www.donnermetals.com, SVB Project). Benton
is planning an aggressive spring program on both projects.
Benton has also granted 25,000 options to an employee of the company
exercisable at $0.93 for five years.
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