SOURCE: Benton Resources Corp.

June 14, 2007 11:23 ET

Benton and Grandcru Discover New Uranium-Rich Zones Within Potential IOCG Environment

THUNDER BAY, ON--(Marketwire - June 14, 2007) - Benton Resources Corp. ("Benton") (TSX-V: BTC) and joint venture partner Grandcru Resources Corp ("Grandcru") are pleased to announce additional assay results from new zones identified by prospecting on the South Sibley block, one of three blocks of claims that comprise the joint venture property in the Sibley Basin. The initial eight assays previously released (BTC PR May 24, 2007) returned encouraging grades up to 0.21% U308. Since then new samples collected from a recent discovery of mineralized hematite breccia returned assays grading up to 1.01% U308, 71.0 grams per tonne (gpt) silver, 0.20% copper, and 0.15% lead. These samples also contain elevated values for molybdenum (up to 440 ppm, background 12 ppm), arsenic (up to 139 ppm, background 5 ppm), and rare earth elements cerium (up to 466 ppm, background 60 ppm), and lanthanum (up to 221 ppm, background 12 ppm).

The coincident uranium-copper-silver assays in a hematite breccia host along with the enriched element values suggest a similar geochemical signature as noted in IOCG deposits around the world (Olympic Dam in Australia, Salobo in Brazil). The samples cover an area measuring approximately 200 metres by 250 metres and are proximal to the Goodmorning Lake fault zone. Preliminary data from the recently completed airborne geophysical survey (Geotech Ltd., VTEM) suggest the mineralization is associated with conductive electromagnetic (EM) responses.

Benton and Grandcru are pleased about the new discoveries and potential IOCG targets as they search for Athabasca-type uranium deposits under the Sibley sediments on the unconformity. The South Sibley property has excellent accessibility and lies only a few kilometers north of the Trans Canada Highway. Prospecting is ongoing and results from other highly radioactive zones are anticipated in the near future. A mechanical trenching program is currently being planned to follow up on other airborne EM responses.

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"
Stephen Stares, President

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities.

Contact Information

  • For further information contact:
    Stephen Stares
    611 Montreal Street
    Thunder Bay, Ontario, P7E 3P2
    Phone (807) 475-7474
    Fax (807) 475-7200

    Investor relations:

    In Canada:
    First Canadian Capital
    Daniel Boase
    Phone (416) 742 5600
    Fax (416) 742 6410

    In U.S.A:
    The Windward Agency
    Kelly Boatright
    Phone (704) 588 8600