Benton Resources: Clean Air Metals Reports New Drill Results at Escape Lake
Benton Resources Inc. is sharing results obtained by Clean Air Metals Inc. from recent drilling completed at the Escape Lake project, under Option from Benton. Clean Air Metals can earn up to 100% of the Escape Lake project and Benton will retain a 0.5% NSR on the property.
Hole ELR21-077 intersected 76.6m grading 5.67g/t Palladium Equivalents (PdEq) composed of 1.63g/t Platinum (Pt), 2.14g/t Palladium (Pd), 0.81% Copper (Cu), 0.41% Nickel (Ni) from 345.0m-421.6m downhole including 21.0m grading 9.98g/t PdEq composed of 2.97 g/t Platinum (Pt), 3.93g/t Palladium (Pd), 1.41% Copper (Cu), 0.68% Nickel (Ni) from 392.0m-413.0m downhole.
The Escape Lake Deposit has been Clean Air Metals' focus for the majority of the drilling over the past 14 months. Since the maiden resource published in January 2021 of 505,369 ounces at 3.67 g/t PdEq in 4.28 million tonnes, the Clean Air Metals team has successfully expanded the size of the Escape South High Grade Zone and demonstrated approximately 700m of mineralization along trend. Hole ELR21-077 with its significant thickness and grade appears to further expand the edge of the Escape Lake High Grade Zone and demonstrates potential contribution of scale of the Escape Lake Deposit to the overall Thunder Bay North Project. An updated mineral resource for the Escape Lake Deposit is currently planned for Q1 2022.
Full details on the recent drilling, including results from the adjacent Current Lake Deposit, can be found on the Clean Air Metals website:
https://www.cleanairmetals.ca/news-media/news-releases/clean-air-metals-reports-new-drill-results-from-bo-122532/
Equity Holdings
Benton continues to be very encouraged by the progress made by Clean Air Metals Inc. (TSXV: AIR) ("Clean Air"), in which Benton holds 24.6 million shares. Clean Air has multiple drill rigs operating on the Thunder Bay North and Escape Lake Copper-Nickel-PGM projects 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 3,940,000 shares of Quadro Resources Ltd, which is advancing various projects in Newfoundland and Ontario. Additionally, Benton holds 3.6 million shares of St. Anthony Gold Corp. (formerly Maxtech Ventures Inc.). St. Anthony Gold has an Option and Joint Venture agreement on Benton's Panama Lake gold project in the Red Lake mining region. Further, Benton holds 1.0 million shares of Sokoman Minerals Corp. which continues to release excellent drill results from its Moosehead Project in Newfoundland, and 2.63million shares of Metallica Metals advancing Benton's Saganaga (Starr) 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).
Tags: Northern Ontario / Exploration / Metals / All Articles