THUNDER BAY, ON, June 12 /CNW/ - Benton Resources Corp. ("Benton" or
"Company") is pleased to announce that the Company and its partner Stillwater
Mining Company ("SWC") have completed a 957 line-kilometer airborne magnetic
and electromagnetic (VTEM) survey on the Goodchild and South Goodchild
Ni-Cu-PGE projects (collectively the "Goodchild Project"). A full
interpretation of the data is expected soon.
The Goodchild Project is located approximately 15 kilometres north of
Marathon, Ontario and is host to several nickel showings with grab samples
assaying up to 12.6% nickel (obtained by Falconbridge/Xstrata personnel during
late 2006 field season). The large ultramafic intrusion measures approximately
5km by 8km and has numerous untested airborne electromagnetic anomalies
detected from a survey completed almost 20 years ago.
In addition to completion of the Goodchild airborne survey, Benton would
like to announce that the company has commenced drilling on its 100% owned
Bermuda Cu-PGM project located 10km north of the town of Marathon, Ontario.
The Bermuda property lies directly along strike of Marathon PGM Corp's deposit
which has a resource of 2.9 million ounces TPM (Total Precious Metals=
Platinum+Palladium+Gold) and 514 million pounds of copper (MAR PR Feb 17,
2007). Exploration at Bermuda has uncovered significant mineralization over a
strike length of 17km and intercepts thus far have been very similar to those
from the Marathon deposit. Drill results from the first phases of exploration
include 1.74gpt TPM and 0.28 Cu over 29.3 metres (collared 50 metres north of
the Marathon deposit), 1.16gpt TPM and 0.43 Cu over 41.5 metres and 3.11gpt
TPM with 0.41% Cu over 11.6 metres (collared 450 metres north of the Marathon
deposit) and 1.25gpt TPM and 0.58% Cu over 102m (collared 400m north on the
Benton's newest discovery at Bermuda sits approximately 14km west along
strike of the Marathon deposit where trenching and drilling has recently
identified a large copper and precious metal zone named Area 41. Drill
intercepts from Area 41 have included up to 61.15 metres grading 1.23gpt TPM
and 0.28% Cu. Benton will keep shareholders updated on developments on the
Projects as exploration moves forward.
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.
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