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Benton Confirms Widespread Copper Mineralization at Far Lake IOCG Project

Jan 19, 2021

Benton Resources Inc. has discovered wide zones of mineralization at the company's Far Lake IOCG project including 0.15% Cu and 0.15 g/t Ag over 60.4 m, including 0.35% Cu and 0.51 g/t Ag over 15.6 m and 1.08% Cu and 1.63 g/t Ag over 2.6 m in drill hole FL-20-11. Drill hole FL-20-11 is located approximately 1,800 m NW along the same structure as the Far Lake discovery zone where surface sampling produced Cu grades up to 22% over 0.7 m. Drill holes FL-20-01 to FL-20-05 completed in the discovery zone yielded results including 0.19% Cu and 0.34 g/t Ag over 33.6 m,including 1.11% Cu and 1.33 g/t Ag over 3.1 m (FL-20-03). The Far Lake project, pursuant to which the Company currently holds under option from White Metal Resources Corp. (see Company PR dated May 20, 2020), is located 80km west of Thunder Bay, Ontario.

FL-20-01 to FL-20-05 were shallow holes and mineralized targets were unexpectedly interrupted by a series of diabase dykes and sills. Future drilling in this area will therefore be deeper to avoid intersecting these younger mafic intrusions. The Company is very encouraged by the Cu mineralization intersected in almost every hole and confirms that there is a direct correlation between Cu-sulphides and the two NW trending structures that cross the property.

In December 2020, the Company hired Abitibi Geophysics ("Abitibi") to complete a 3D DasVision IP survey which is nearing completion. Preliminary data has identified chargeability targets between 350-800 m in depth that coincide with the FL#1 and FL#2 structures which contain and appear to be controlling the Cu mineralization discovered to-date. The DasVision, distributed array survey, is designed for deep mineral exploration, up to 1,000m depth. Benton will rely on this new dataset to expand its exploration at depth.

President and CEO of the Company Stephen Stares stated: "The exploration steps taken thus far to advance and understand the Far Lake project have delivered valuable information about the system, and the results from the maiden drill program have confirmed that Benton has indeed discovered an extremely large copper system. The new deep IP data received from Abitibi has now identified large chargeability anomalies on the same structures and in close proximity to that of the new copper discoveries, so we believe this next drill program could deliver very promising results."

Tags: Northern Ontario / Exploration / Copper / All Articles