BENTON COMMENCES PHASE II DRILLING AT FAR LAKE TO TEST DEEP IP ANOMALIES AND THE EXTENT OF MINERALIZED DRILL INTERCEPTS FROM PHASE I

Thunder Bay ON, February 4, 2021 – Benton Resources Inc. (‘Benton’ or ‘the Company’) (TSX-V: BEX) is pleased to announce that it has commenced its second phase of drilling on the Far Lake project located 80km west of Thunder Bay, Ontario. The program will consist of 3,000m and is designed to test the depth and strike of the newly discovered FL11 Zone where the Company intersected wide zones of copper mineralization including 0.15% copper over 60.4m including 0.35% Cu over 15.6m and 1.43% Cu over 2.6m (see Company news release dated January 19, 2021).The Company will also test the Main (Discovery) Zone at depth as well as various high-priority geophysical anomalies identified by a 3D IP survey which was completed in mid-January. Preliminary data has identified chargeability targets from near surface to 800m in depth that coincide with the FL#1 and FL#2 structures which contain and control the Cu-mineralization discovered to-date.

 

Stephen Stares, President and CEO of the Company, stated: “We are very excited to begin the next drill campaign at Far Lake. It is very rare to see such widespread copper mineralization over such a large area, especially in this underexplored geological environment. We look forward to seeing what this drill program delivers for the project.”

 

Equity Holdings

 

Benton continues to be very encouraged by the progress made by Clean Air Metals Inc. (“Clean Air”), in which Benton holds 24.6 million shares. Clean Air has two drill rigs operating on the Thunder Bay North and Escape Lake Copper-Nickel-PGM project and has released excellent drill results from its ongoing drill campaign. Benton looks forward to receiving ongoing encouraging drill results and future project advancement.

 

Benton also holds 3.94 million shares of Quadro Resources Ltd, which is advancing various projects in Newfoundland and Ontario. Additionally, Benton holds 3.6 million shares of Maxtech Ventures Inc. Maxtech has an Option and Joint Venture agreement on Benton’s Panama Lake gold project in the Red Lake mining region. Further, Benton holds 1 million shares of Sokoman Minerals Corp. which has recently released excellent drill results from its Moosehead Project in Newfoundland, and 1.36 million shares of Metallica Metals advancing Benton Saganaga Gold project. Benton also has two NW Ontario projects optioned to Rio Tinto Exploration Canada (the Bark Lake and West Baril Lake Copper-Nickel PGE projects).

 

QP

 

Nathan Sims (P.Geo.), Senior Exploration Manager for Benton Resources Inc., the ‘Qualified Person’ under National Instrument 43-101, has approved the scientific and technical disclosure in this news release and prepared or supervised its preparation.

 

About Benton Resources Inc.

 

Benton Resources (TSXV: BEX) is a well-funded Canadian-based project generator with a diversified property portfolio in Gold, Silver, Nickel, Copper, and Platinum group elements. Benton holds multiple high-grade projects available for option which can be viewed on the Company’s website. Most projects have an up-to-date 43-101 Report available.

 

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

 

For further information, please contact:

 

Stephen Stares, President & CEO

Phone: 807-475-7474

Email: sstares@bentonresources.ca

 

CHF Capital Markets

Cathy Hume, CEO

Phone: 416-868-1079 x231

Email: cathy@chfir.com