Benton Resources Corp.
TSX VENTURE : BTC

Benton Resources Corp.

May 19, 2010 09:00 ET

Benton to Drill Kingurutik Nickel Project

THUNDER BAY, ONTARIO--(Marketwire - May 19, 2010) - Benton Resources Corp. ("Benton" or "the Company") (TSX VENTURE:BTC) is pleased to announce the Company will commence drilling in early July on the Kingurutik Lake Nickel project located approximately 60 kilometers north of the world class Voisey's Bay Nickel-Copper-Cobalt deposit. The property hosts numerous targets and several large gossans mapped by the government in 2000 and past work in the area identified high-grade copper and nickel with grades up to 6.8% copper and 1.7% nickel in selected surface samples. Previous operator of the current joint venture, Teck Resources Limited ("Teck"), completed two years of systematic exploration programs during 2007-08 that included two airborne geophysical surveys followed by prospecting, mapping, and deep penetrating electromagnetic surveys. This work resulted in delineating numerous targets prospective for Ni-Cu-Co mineralization. To date, six separate target areas outlined by Teck have been selected for diamond drilling. Benton has designed a diamond drill program comprised of 12 holes totaling approximately 3,000 meters to test the various targets outlined by Teck's work programs. Benton will act as operator as Teck has elected not to participate in the proposed program choosing to focus their exploration efforts on their core commodities in 2010. 

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 $12 million in cash, owns approximately 33 million shares and 16.5 million warrant in Coro Mining Corp (TSX:COP), holds 1.6 million shares in Marathon PGM Corp (TSX:MAR), holds 1.6 million shares in Puget Ventures (TSX VENTURE:PVS), holds 825,000 Bell Copper Corp (TSX VENTURE:BCU) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit. Benton is also in the process of splitting out the Company's 100% owned Bermuda property to it shareholders into a new company to be named Coldwell Copper Corp.

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.
    Stephen Stares
    (807) 475-7474
    (807) 475-7200 (FAX)
    www.bentonresources.ca
    or
    Clair Calvert
    Investor Relations
    (204) 799-2086