Benchmark Metals Inc.
Benchmark Reports Long Drill Intercepts and Open Resource Potential from Surface on Strike, in Width and at Depth Along the Lawyers Trend
DGAP-News: Benchmark Metals Inc. / Key word(s): Miscellaneous Edmonton, Alberta–(Newsfile Corp. – April 10, 2019) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (FSE: 87CA) (the \”Company\” or \”Benchmark\”) – is pleased to report additional assay results from its historical drill-hole infill sampling program. Drill-hole CC15-13 assayed 1.58 g/t gold and 40.20 g/t silver across 58.24m with sampling ending in mineralization, while drill-hole CC15-14 assayed 0.77 g/t gold and 32.93g/t silver across 87.60m (including historic and new assays), further expanding the resource potential and leaving it open at depth. Lawyers is located in the Toodoggone Mineral District, on the eastern extent of the prolific Stikine Terrane that hosts the Golden Triangle region of British Columbia, Canada. CEO John Williamson commented:\”Successful first-time sampling of unpublished historic drill-holes has generated more bulk-tonnage and high-grade gold and silver drill intercepts. The drill-holes show the resource potential at Cliff Creek and Dukes Ridge extends from surface and remains open on strike, in width and at depth along the Lawyers Trend. We continue to identify widespread gold and silver in parallel zones as well as around the main high grade zones that may be characteristic of a bulk tonnage deposit. All new assay results from the 2018 program will significantly impact the resource potential and provide targets for expansion in the 2019 drill program.\” The location map can be viewed at the Company’s website. Cliff Creek and Dukes Ridge Zone Results The Cliff Creek and Dukes Ridge mineralized zones are comprised of a network of quartz veinlets and localized hydrothermal quartz breccias within strongly silicified and potassically altered andesite host rocks. Sampling of unreported historical holes at these zones has extended the gold and silver mineralization at depth and in width, providing new data to expand the published maiden mineral resource estimate. Within the mineral resource area, more extensive sampling has identified continuous near-surface bulk tonnage type mineralization, which remains open as it widens at depth. In several of the historic drill holes, the sampling or drill hole ends in mineralization, highlighting the potential to keep expanding the mineralized zones. Selected Infill and Step-out Drill Results
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc., P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101. About Benchmark Metals Inc. Benchmark is a Canadian mineral exploration company with its common shares listed for trading on the TSX Venture Exchange in Canada, the OTCQB Venture Market in the United States and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production. ON BEHALF OF THE BOARD OF DIRECTORS s/ \”John Williamson\”John Williamson, Chief Executive Officer For further information, please contact: Jim Greig, President jimg@BNCHmetals.com Tel: (604) 260-6977 Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release may contain certain \”forward looking statements\”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise. To view the source version of this press release, please visit https://www.newsfilecorp.com/release/43972 Click on, or paste the following link into your web browser,to view the associated documents http://www.newsfilecorp.com/release/43972
10.04.2019 Dissemination of a Corporate News, transmitted by DGAP – a service of EQS Group AG. |
Language: | English |
Company: | Benchmark Metals Inc. |
Canada | |
ISIN: | CA08162A1049 |
EQS News ID: | 798055 |
End of News | DGAP News Service |