Precious Metals

TSX:PTM

Benton Resources (TSXV:BEX) has acquired 100 percent ownership in the Providence Lake nickel-copper-cobalt-PGM property from Platinum Group Metals (TSX:PTM).

Benton Resources (TSXV:BEX) has acquired 100 percent ownership in the Providence Lake nickel-copper-cobalt-PGM property from Platinum Group Metals (TSX:PTM).
As quoted in the press release:

The Providence Project is comprised of 11 mining leases and is located in the Northwest Territories (“NWT”) within 70km from the Diavik Diamond Mine and thus provides a potential access route using the existing ice road. The project covers approximately 20km of the Providence Lake Volcanic Belt, a suite of ultramafic to mafic rocks with the potential to host komatiitic Ni-Cu-Co-PGM deposits of economic importance. The property comes with an established camp, equipment and a well assembled data base of drilling, geology, geophysics, geochemistry and modeling which has totaled more than $5.5 million in historical expenditures.

Click here for the full press release.

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