IIROC Trading Resumption - BEX

IIROC Trading Resumption - BEX

Trading resumes in:

Company: Benton Resources Inc.

TSX-Venture Symbol: BEX

All Issues: Yes

Resumption (ET): 10:15 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada .

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) - Halts/Resumptions

Cision View original content: https://www.newswire.ca/en/releases/archive/March2022/24/c6526.html

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Benton and Sokoman Announce Updates on Newfoundland Joint Venture Projects Golden Hope and Grey River

Benton and Sokoman Announce Updates on Newfoundland Joint Venture Projects Golden Hope and Grey River

Additional High-Grade Cesium Assays from Hydra Dyke at Golden Hope: Gold Mineralization Expanded at Grey River

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, (the "Alliance") are pleased to report final assay results from the recently discovered cesium-rich dyke ("Hydra Dyke" or "Hydra") on the Golden Hope Joint Venture Project, as well as final drill results from a successful Phase 2 drilling campaign at Grey River; both projects are located in southwestern Newfoundland.

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Benton Receives $100,000 Option Payment from Rio Tinto Exploration for Baril Lake West Project

Benton Receives $100,000 Option Payment from Rio Tinto Exploration for Baril Lake West Project

Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce it has received the final option payment of CAD$100,000 from Rio Tinto Exploration Canada ("RTEC") for the Baril Lake West project (see press release dated January 2, 2019). Pursuant to the terms of the Option to Purchase Agreement dated December 21, 2018 between the Company and RTEC, RTEC has now earned the right to acquire 100% of the Baril Lake West project. Should RTEC achieve commercial production at the Baril Lake West project, it will pay Benton an additional CAD$1,000,000 in cash. Benton will also retain a 2% net smelter return (NSR) royalty, half of which (1%) can be purchased by RTEC for CAD$1,000,000.

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Benton Advises that Clean Air Metals Closes First Tranche of CAD$15 Million Royalty Financing Agreement on Thunder Bay North Critical Minerals Project with Triple Flag Precious Metals Corp.

Benton Advises that Clean Air Metals Closes First Tranche of CAD$15 Million Royalty Financing Agreement on Thunder Bay North Critical Minerals Project with Triple Flag Precious Metals Corp.

Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that it has been notified by Clean Air Metals Inc. ("Clean Air") that it has entered into a CAD$15 million mineral royalty financing agreement with Triple Flag Precious Metals Corp. ("Triple Flag"). Clean Air has closed an initial tranche of $10 million of the CAD$15 million contained within the agreement. Under the terms of the agreement, Clean Air will utilize a portion of the funds to make the final payment of CAD$1.5 million to Panoramic Resources Inc. and will satisfy the final condition to earn a 100% interest in the Thunder Bay North Project from Benton. Benton currently holds 24.6 million shares of Clean Air and retains a 0.5% net smelter return (NSR) royalty on the Escape Lake Deposit and a 0.5% NSR royalty on a large portion of the Thunder Bay North deposit (see Benton press release dated May 15, 2020).

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Sokoman and Benton Channel Samples up to 13.57% Cs2O and Confirm High-Grade Cesium Discovery at the Golden Hope Joint Venture, Southwestern Newfoundland

Sokoman and Benton Channel Samples up to 13.57% Cs2O and Confirm High-Grade Cesium Discovery at the Golden Hope Joint Venture, Southwestern Newfoundland

Channel sampling at the Hydra Zone returns up to 13.57% Cs2O

Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman") and Benton Resources Inc. (TSXV:BEX) ("Benton") together, (the "Alliance") are pleased to announce that recent channel sampling at the cesium dyke prospect has confirmed a potentially significant high-grade cesium discovery dubbed the Hydra Zone, on the Golden Hope Project in southwestern Newfoundland

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Benton Resources and Sokoman Minerals Report Kraken Lithium Prospect Phase 3 Drilling Program Underway; First Three Holes Cut Spodumene-Rich Dykes up to 14 m Thick

Benton Resources and Sokoman Minerals Report Kraken Lithium Prospect Phase 3 Drilling Program Underway; First Three Holes Cut Spodumene-Rich Dykes up to 14 m Thick

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman"), together, (the "Alliance") are happy to report the commencement of the third phase of drilling at the Kraken Lithium Prospect. The Alliance is also extremely pleased to announce a new discovery, the Killick Zone, where surface grab samples graded up to 1.12% Li2O, located 200 m south of the East Dyke Zone (see press release October 18, 2022).

Currently, the Alliance has completed three holes GH-22-25, GH-22-26, and GH-22-27 on the new discovery, intersecting multiple, near-surface, spodumene-bearing dykes. Hole GH-22-25 cut eight pegmatite dykes ranging from 0.8 m to 11.2 m thick (drilled thickness, true thickness uncertain at this time), including an 8.8 m interval with visible spodumene in the 11.2 m dyke. Hole GH-22-26, drilled 35 m behind GH-22-25, also cut multiple spodumene-bearing dykes with drilled thicknesses ranging from 0.8 m to 10.5 m. The 10.5 m-thick dyke carried visible spodumene over its entire width. Hole GH-22-27 was drilled 30 m north of holes 25 and 26 along strike and cut two pegmatite dyke zones of 14.2 m and 2.95 m thick. Visual spodumene is present over 12.83 m of the 14.2 m interval and the entire length of the 2.95 m interval.

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Forum Commences Mobilization for 10,000 Metre Drill Program at the Aberdeen Uranium Project, Thelon Basin, Nunavut

Forum Commences Mobilization for 10,000 Metre Drill Program at the Aberdeen Uranium Project, Thelon Basin, Nunavut

Forum Energy Metals Corp. (TSXV: FMC) (OTCQB: FDCFF) ("Forum" or the "Company") announces it has commenced mobilization of its camp, fuel, equipment and second drill to its camp location on the Aberdeen Uranium Project, located adjacent to Orano's 133 million pound Kiggavik uranium deposit in the Thelon Basin, Nunavut. Forum plans a 10,000 metre drill program just two months away in June to follow-up on its successful drill program in 2023. Four drill holes into the Tatiggaq deposit intersected up to 2.25% U3O8 over 11.1 metres over a 200-metre strike length. The structure hosting uranium mineralization extends for 1.5 kilometres within a highly altered uranium mineralized system.

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Copper bars.

Copper Crunch Coming as Demand Rises and Mine Supply Falls Short

Since the advent of electricity, copper has played an essential role in energy generation and transmission. It will be similarly unreplaceable as the world moves away from fossil fuels to more sustainable sources of energy.

Pierre Lassonde, founder and chair emeritus of Franco-Nevada (TSX:FNV,NYSE:FNV), emphasized this during the "Where Will the Money Come From?" panel at the Prospectors & Developers Association of Canada (PDAC) convention.

“Copper is required for everything, and today 80 percent of terminal energy is carbon based and only 20 percent is electricity," he said. "If we want a green world, that has to be flipped around, where 80 percent of terminal energy has to be electricity. And the metal that carries electricity is copper in every which way. That is the key metal."

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Avrupa Minerals CEO Paul Kuhn

Avrupa Minerals CEO Eyes Joint Ventures for VMS Projects in Europe

Avrupa Minerals (TSXV:AVU,OTC Pink:AVPMF,FWB:8AM) has achieved exploration milestones at the fully funded Alvalade copper-zinc volcanogenic massive sulfide project in Portugal and the Slivova gold project in Kosovo. CEO Paul Kuhn is keen to look for potential joint ventures to advance the company's projects.

“The idea is that we start the early phases of the project," he said. "We do the early exploration and hopefully discovery, which we've done at Slivova in Kosovo and the Sesmarias (target) in Portugal, and get them to a point where they are 'venturable.'”

Joint ventures, according to Kuhn, work better by allowing Avrupa and its partners to work together and resolve any problems related to exploration.

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World Copper CEO Gordon Neal

New World Copper CEO Shares Plans to Advance Zonia Copper Project to Production

World Copper’s (TSXV:WCU) newly appointed CEO Gordon Neal wants to focus on advancing the Zonia copper oxide project in Arizona, US, to the development stage and transforming World Copper into a US-centric copper company.

“The US government, the Department of Energy, has determined that copper is a critical metal. And so there’s lots of attention and funds available for companies that have a US-domiciled project,” he said.

World Copper’s Zonia project has undergone extensive historical exploration and mine development planning, with a historical 2018 preliminary economic assessment and 2017 mineral resource estimate that show excellent economics, a mine life of 8.6 years and an average annual production rate of 49.1 million pounds.

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 Western Copper and Gold President Dr. Paul West-Sells and CEO Sandeep Singh

Casino Project’s Compelling Attributes Attract "Phenomenal" Investments, WRN Exec Says

Western Copper and Gold’s (TSX:WRN,NYSEAMERICAN:WRN) Casino project is a compelling asset loaded with reserves that could last 27 years, one of the factors that sealed joint ventures with Rio Tinto (NYSE:RIO,ASX:RIO,LSE:RIO) and Mitsubishi Materials (TSE:5711), according to the company’s CEO, Sandeep Singh.

“Both (Rio Tinto and Mitsubishi) are tremendous partners. They lend a significant amount of technical expertise to the asset — things that a junior company could not replicate on its own even if it had the resources to do it,” he said.

“It's not just the scale … But also kind of the other factors going for it — the high-grade core, that it's at surface with next to no strip, the clean metallurgy, the jurisdiction it's in, you know, the state it's in. There's a lot of positive attributes. And it's not a surprise to us that it's attracted interest from those types of groups,” Singh added.

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Miramar Resources

Bangemall Ground EM Surveys Outline Multiple Norilsk-Style Drill Targets

Miramar Resources Limited (ASX:M2R, “Miramar” or “the Company”) is pleased to advise that ground electromagnetic (EM) surveys have identified multiple drill targets at the Company’s large 100%-owned Mount Vernon and Trouble Bore Projects in the Gascoyne region of Western Australia.

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