VANCOUVER, Oct. 1 /CNW/ - Golden Harp Resources Inc. (GHR:TSXV) today announced that it has been advised by Benton Resources Corp. that a new gold zone (the Crocker Zone) has been discovered approximately 300 metres north of the MC Zone. Twenty surface grab samples collected over a strike length of 340 metres returned gold assay values ranging from 0.012 g/t to 9.65 g/t gold. Highlights include 9.65, 9.50, 6.07, 2.27 and 2.24 g/t gold. In addition, 15 diamond drill holes (3,000 metres) have been completed to date in the ongoing Phase 2 drill program.
Benton Resources Corp. issued a press release today - the verbatim text is included below:
BENTON DISCOVERS NEW GOLD ZONE ON BLOCK A OPTION
Thunder Bay, Ontario: Benton Resources Corp (BTC: TSX.V, "Benton" or "the Company") is pleased to announce that results from the summer prospecting program on the Copper Hill Block A option, located 100 Km south of Timmins, has identified a new gold zone (the Crocker Zone) with assay results of up to 9.65 grams per tonne (gpt) gold (Au) from surface grab samples. A total of 20 samples were collected over a strike length of 340 metres (m) with values ranging from 0.012 gpt to 9.65 gpt Au. Five of the samples returned gold values of greater than 2.0 gpt Au (9.65, 9.50, 6.07, 2.27 and 2.24 gpt Au) while 9 samples returned values ranging from 0.15 to 0.81 gpt Au. This new zone is located approximately 300m north of the MC zone where diamond drilling in 2008 by Golden Harp Resources Inc. intersected 3.6 gpt Au over a core length of 9.0m (including 14.29 gpt Au over 2.0 metres) from hole GH-019. Like the MC zone, the Crocker Zone is hosted within pyrite-rich green carbonate altered ultramafic volcanic rocks.
All samples were sent to Activation Laboratories, an accredited laboratory in Thunder Bay, Ontario. The gold was analyzed utilizing a standard fire assay and an atomic absorption finish.
Benton would also like to report that the phase II drill program on the Block A property is in progress. To date, 15 holes (3,000m) of a 17 hole (3,300m) program have been completed. The drill program is designed to test the Cook and MC Zones as well as coincident IP chargeability and soil anomalies located west, east, and on strike to the MC Zone. The program will also test an IP target associated with the newly discovered gold-bearing Crocker Zone. Assay results will be released as they are received.
Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements, which can be view on the company's web site post below. The company currently has approximately $15.0 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 uncertainties.
For further information contact Stephen Stares @:
Tel: (807) 475-7474
Fax (807) 475-7200
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. Golden Harp recently optioned a portion of its claim units (the Block A Property) to Benton Resources Corp. who have been actively working the property. The Block A option covers 351 of Golden Harp's 855 claim units in the northeastern portion of the Copper Hill project. Benton may earn up to a 70% interest in the Block A by spending $3 million in exploration and issuing cash and shares to Golden Harp (see NR March 12, 2009 for details). Golden Harp will continue to explore and advance the significant gold and copper targets situated in its 504 claim units, which are contiguous to those in the Block A option. Golden Harp 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.
Neither the TSX Venture Exchange nor its Regulation Services Provider
accepts responsibility for the adequacy or accuracy of this release.
SOURCE GOLDEN HARP RESOURCES INC.
For further information: For further information: about Golden Harp Resources Inc., please visit www.goldenharpresources.com or contact: Natasha Blackburn, President and CEO, Tel: (604) 688-4277