VANCOUVER, June 4 /CNW/ - Golden Harp Resources Inc. (TSXV:GHR) has been
provided an exploration update by Benton Resources Corp. (TSXV:BTC) on their
exploration program at the Copper Hill Block A Property.
Benton Resources Corp. issued a press release today - the verbatim text
relating to Golden Harp Resources has been extracted and is included below:
BENTON RELEASES EXPLORATION UPDATE
Benton Resources Corp (BTC: TSX.V, "Benton" or "the Company") is pleased
to release to following updates on the Company's projects.
Benton and Golden Harp Resources Inc. have started the first phase of
exploration on the Block A option ground located 30 km west of Gowganda,
Ontario. A seven hole, 1625 meter drill program has recently been completed to
verify historical gold mineralization as well as test the down dip and
southeast strike extension of the Cook Zone. The Cook Zone, first discovered
in the 1930's, is hosted within silicified and carbonate altered mafic and
ultramafic volcanic rocks that have been intruded by altered felsic porphyry
dykes. The zone has been subject to several past diamond drilling campaigns
that have intersected significant gold mineralization from several
sub-parallel zones. Some of the better down hole drill intersections include
54.2 gpt Au (gram per tonne gold) over 4.0m (metres) in hole B-04 and 5.71 gpt
Au over 4.6m in hole B-06 drilled in 1952 by Bessey Mining Syndicate; 5.4 gpt
Au over 7.6m (hole T-14) drilled in 1953 by Tenendo Mining; 10.6 gpt Au over
3.1m (hole ORC-01) drilled by Orcana in the 1980's; and 2.7 gpt Au over 13m
(KC-12) drilled by KRL Resources in 1995. In addition to the diamond drill
program, a 41 km grid has been established and ground geophysics, mapping,
soil sampling and prospecting are planned. The new grid extends southeast from
the Cook Zone through to the MC Zone discovered by Golden Harp in 2008. The MC
Zone, located 1.3 km east southeast of the Cook Zone, is hosted in a thick
package of pyritic, green carbonate, albite and hematite altered ultramafic
and mafic volcanic rocks. To date five holes have tested the MC Zone over a
strike length of 220m. All holes intersected widespread anomalous gold
mineralization with some of the better down hole mineralized intervals
returning 44.0m of 0.89 gpt Au (including 2.0m of 4.01 gpt Au) from hole
GH-025 and 9.0m of 3.6 gpt Au (including 2.0m grading 14.29 gpt Au) from hole
GH-019. The results of the current exploration program will be followed up by
a second phase diamond drill program as soon as the data is finalized and
Benton currently has approximately $13.5 million in cash, owns a 34.3%
interest in Coro Mining Corp (TSX.COP), holds an approximate 5% interest in
Marathon PGM Corp (TSX.MAR) and retains a 2% Net Smelter Royalty on the
northern portion of the Marathon PGM deposit.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is
the qualified person responsible for this release.
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 contact Stephen Stares @:
611 Montreal Street
Thunder Bay, ON P7E 3P2
Phone (807) 475-7474
Fax (807) 475-7200
First Canadian Capital
Phone (416) 742 5600
Fax (416) 742 6410
About Golden Harp
Golden Harp Resources Inc. is a Canadian mineral exploration company. Its
145 square km, Copper Hill gold and base metal project is located 100
kilometres south of Timmins, along Highway 560 between Shining Tree and
Gowganda, Northern Ontario. The property, situated along the projected western
extension of the Cadillac Larder Lake Break in the Abitibi Greenstone Belt,
hosts several gold zones in a variety of geological settings; a copper zone;
and large portions of the property remain to be evaluated. The Company has
24,673,042 shares outstanding.
Statements contained in this news release that are not historical facts
are forward-looking statements, which are subject to a number of known and
unknown risks, uncertainness and other factors that may cause the actual
results to differ materially from those anticipated in the forward looking
statements. Although we believe that the expectations in the forward looking
statements are reasonable, actual results may vary, and future results, levels
of activity, performance or achievements cannot be guaranteed.
The information contained in the press release is a verbatim extract of
the press release issued by Benton Resources Corp. Although Golden Harp
believes the information included in the press release to be generally
reliable, the data has not been independently verified and Golden Harp does
not assume any liability for the accuracy or completeness of such information.
The TSX Venture Exchange has neither approved nor disapproved the
information contained herein.
For further information:
For further information: about Golden Harp, please visit our website at
www.goldenharpresources.com or contact: Natasha Blackburn, President and CEO,
Tel: (604) 688-4277, Email: firstname.lastname@example.org; Kevin Filo,
Senior Geologist, Tel: (705) 268-0371