The Conversation (0)
Aug. 08, 2013 10:03AM PST
Benton Resources Inc. (TSXV:BEX) announced that through staking it has acquired a further 271 claim units within the copper-nickel-platinum-palladium Mealy Lake intrusion, bringing its total land position in the area to 1,071 claim units, or about 261 square kilometers.
Benton Resources Inc. (TSXV:BEX) announced that through staking it has acquired a further 271 claim units within the copper-nickel-platinum-palladium Mealy Lake intrusion, bringing its total land position in the area to 1,071 claim units, or about 261 square kilometers.
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.
Benton is currently planning an airborne magnetic and electromagnetic survey to be followed by geological mapping, prospecting, and soil sampling on anomalies identified from the new survey.
Click here to read the full Benton Resources Inc. (TSXV:BEX) press release.
BEX:CA