
Benton Resources Expands Land Position in Newfoundland
Benton Resources Inc. (TSXV: BEX) has expanded its land position in the Tulks Volcanic Belt of Newfoundland. This region is known for its rich mineralization potential. The company signed a second purchase agreement with Puddle Pond Resources Inc. to acquire an additional 67 units of land. This acquisition includes six licenses and was completed with a one-time payment of $10,000 cash and 300,000 common shares. It is subject to a 2% net smelter royalty (NSR). Benton also has the option to buy back 1% of the NSR for $1.0 million at any time.
This move bolsters Benton’s Dominion Lake land position, which was already expanded by a previous purchase in June 2025. This property consists of four licenses and 31 units. It was acquired through a similar arrangement with a payment of $15,000 cash and 200,000 common shares. The acquisition is also subject to a 2% NSR, with the same buyback option.
Exploration Success at Dominion Project
Benton has achieved notable early prospecting success at the Dominion Project. Recent discoveries include high-grade gold and base metal mineralization at the Trinity Zone. This zone is located 3.5 km southeast of Daniel’s Pond VMS Deposit. Assays from grab samples returned impressive results. They included 14.6% zinc (Zn), 1.31% lead (Pb), 2.53% copper (Cu), 68.7 g/t silver (Ag), and 0.17 g/t gold (Au).
In addition to the base metal discoveries, Benton identified two significant gold mineralization areas. One area extends the Rickirb gold discovery by 100 meters to the northeast. The new zone shows a 12-meter wide quartz-flooded and silicified area, returning assays as high as 6.41 g/t Au. The second gold zone is located 7.7 km southwest of Rickirb. It produced quartz boulders with gold grades reaching 6.0 g/t Au. Benton plans immediate follow-up work on these zones to further explore their potential.
Benton’s Ongoing Focus on High-Grade Copper-Gold Projects
Benton Resources is also making strides with its Great Burnt Copper-Gold Project in central Newfoundland. This project features a mineral resource estimate of 667,000 tonnes at 3.21% copper (Cu) indicated. It additionally includes 482,000 tonnes at 2.35% Cu inferred. The project covers 25 km of strike and contains six known Cu-Au-Ag zones. Drilling at Great Burnt has returned impressive results. These include 25.42 meters of 5.51% Cu, with a high-grade intersection of 9.78 meters at 8.31% Cu and 1 meter at 12.70% Cu.
Furthermore, Benton’s drilling at the South Pond Gold Zone, located 7.5 km north of Great Burnt, has confirmed the presence of a robust gold system. Results from the program included 74.2 meters of 1.43 g/t gold (Au) and 43.75 meters of 1.62 g/t Au. Further exploration is expected to expand the mineralized system.
SuperMetalPrice Commentary:
Benton Resources’ strategic land acquisitions and early-stage exploration success at the Dominion Project highlight the company’s strong growth potential. The Tulks Volcanic Belt remains a highly prospective region for both base metals and gold. Benton’s continued exploration efforts could significantly enhance its resource base. Additionally, the company’s focus on the Great Burnt Copper-Gold Project strengthens its position in Newfoundland’s promising mining sector. With multiple high-grade discoveries and further exploration planned, Benton Resources is poised for continued success in the region.
Leave a Reply
You must be logged in to post a comment.