Benton Resources Corp.
TSX VENTURE : BTC

Benton Resources Corp.

March 08, 2010 10:28 ET

Benton Receives Additional Drill Results From Deloro

THUNDER BAY, ONTARIO--(Marketwire - March 8, 2010) - Benton Resources Corp (TSX VENTURE:BTC) ("Benton" or "the Company") wishes to announce that the company has received the results for the final 15 diamond drill holes completed on the south zone of the Deloro project, located in Timmins, Ontario. The drill holes tested the west strike extension of mineralization intersected in hole 12, which returned 8.57gpt Au (grams per tonne gold) over 3.5 metres including 11.86 gpt over 2.5 metres.

Benton is encouraged by these results as the diamond drilling to date has identified a new gold-bearing pyritic quartz breccia zone. Additional drilling is required to further evaluate this zone at depth and further to the west. The next phase of drilling will focus on testing the north zone which represents the western strike extension of the past producing Delnite mine. The north zone has not yet been drill tested on the Company's claims.

The Deloro property is under option from Deloro Mining and Smelting Inc. Under the agreement Benton can acquire a 100% interest in two mining patents and one mining claim located 900 meters west and on strike of the 930,000 ounce past producing Delnite mine and situated along the prolific Dome-Aunor-Delnite mine trend. Under the terms of the agreement the company must pay $60,000 in cash and 400,000 shares of the company on signing and a further 1.1 million shares within 24 months.

The following table summarizes the drilling to date. A map and pictures are posted on the company's website showing the location and pictures of some of the pits.

HOLE FROM TO Au g/t DDH
THICKNESS
(m)
GRID
LINE
D10-13 114.0 115.0 0.55 1.0 505+50
D10-14 113.8 114.8 1.11 1.0 505+50
  and 139.0 142.0 2.52 3.0  
  incl. 140.0 141.0 5.32 1.0  
D10-15 98.8 100.0 1.29 1.2 505+00
D10-16 132.0 139.0 0.58 7.0 505+00
  incl. 137.5 138.0 2.17 0.5  
D10-17 96.0 97.0 0.38 1.0 504+00
D10-18 124.0 130.0 0.43 6.0 504+00
  incl. 128.0 128.5 1.56 0.5  
  and 136.0 136.5 1.34 0.5  
D10-19   no significant results       503+00
D10-20   no significant results       503+00
D10-21 86.0 87.0 0.66 1.0 504+00
D10-22 139.0 140.0 0.82 1.0 506+00
D10-23 143.0 144.0 1.57 1.0 505+50
D10-24   no significant results       505+50
D10-25 133.5 139.5 0.49 6.0 505+00
  incl. 139.0 139.5 1.11 0.5  
D10-26   no significant results       505+00
D10-27 119.5 121.0 3.02 1.5 504+50
  incl. 120.0 120.5 8.68 0.5  

Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The company currently has approximately $13 million in cash, owns approximately 36.3% interest in Coro Mining Corp (TSX:COP), holds an approximate 5% interest in Marathon PGM Corp (TSX:MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

On behalf of the Board of Directors of Benton Resources Corp.

Stephen Stares, President

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contact Information

  • Benton Resources Corp.
    3250 Arthur St. West, RR #2 Thunder Bay, ON P7C 4V1
    Stephen Stares
    (807)475-7474
    (807)475-7200 (FAX)
    www.bentonresources.com
    or
    Investor Relations
    Clair Calvert
    204-799-2086