The Conversation (0)
Benton Resources Inc. (TSXV:BEX) announced that they have increased their total land position to 1017 claim units representing approximately 261 square-kilometres at Mealy Lake Project.
Benton Resources Inc. (TSXV:BEX) announced that they have increased their total land position to 1017 claim units representing approximately 261 square-kilometres at Mealy Lake Project.
As quoted in the press release:
The Mealy Project is contiguous and directly along strike of Altius Minerals Corp.’s (“Altius”) 256 square-kilometre Natashquan property located approximately 140 kilometres southwest of Churchill Falls in Labrador. Altius has recently announced a new Ni-Cu-Co-PGE discovery and that they have entered into a joint venture agreement with Anglo American (“Anglo”) whereby Anglo has the option to earn a 66-per-cent interest in the project through expenditures of $20-million over a five-year period. Exploration highlights from Altius’ Nastashquan discovery include “2.68g/t combined Pt, Pd and Au (grab) – 6.14% Cu and 388ppb Pt – 1.04g/t combined Pt, Pd, Au and 1.06% Cu over 1.30m (channel) – 1.04 combined Pt, Pd, Au and 3.92% Cu over 1.00m (channel) – 2.49g/t combined Pt, Pd and Au and 1.07% Ni (grab) – several grab samples >7% Cu – soil samples up to 26,000ppm Cu.
To view the whole press release, click here.
BEX:CA