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Benton Options Newly Acquired Bold Cobalt-Copper-Nickel Project to Ardiden Ltd.
Mar. 27, 2017 08:11AM PST
Battery Metals
Benton Resources (TSXV:BEX) (“Benton” or “the Company”) is pleased to announce that the Company has acquired through staking, a 100% interest in the Bold cobalt-copper-nickel project located 50km NE of Mine Centre, Ontario. The Project is easily accessible by new logging roads throughout the area. As quoted in the press release: Subsequent to staking the …
Benton Resources (TSXV:BEX) (“Benton” or “the Company”) is pleased to announce that the Company has acquired through staking, a 100% interest in the Bold cobalt-copper-nickel project located 50km NE of Mine Centre, Ontario. The Project is easily accessible by new logging roads throughout the area.
As quoted in the press release:
Subsequent to staking the four separate claim blocks that compose the project, Benton entered into a option agreement with ASX-listed Ardiden Limited (ASX:ADV) whereby Ardiden can acquire 100% interest by paying Benton $10,000 cash and 200,000 shares. Benton will retain a 2% Net Smelter Royalty which 1% can be purchased by Ardiden for $500,000.
BEX:CA
