Benton Announces Drill Results from Golden Harp Option
May 12 2010 - 9:00AM
Marketwired
Benton Resources Corp ("Benton" or "the Company")(TSX VENTURE: BTC)
is pleased to announce the results from the third phase drill
program on the Golden Harp Option. The 12 hole, 2,852 meter drill
program consisted of a series of stratigraphic fences designed to
test a wide area of low grade gold mineralization and alteration
associated with the MC and Crocker zones. This altered and
mineralized stratigraphy is over 300 meters in width and is bounded
by two north-northwest faults splaying off of the Hydro Creek
fault. Previous drilling by Golden Harp Resources (GH drill holes)
and by Benton (GH09 drill holes) have intersected significant
intervals of gold mineralization including 0.90 gpt Au over 43.8
meters (GH-25), 0.62 gpt Au over 28.3 meters (GH-23), 4.5 gpt Au
over 7.0 meters and 0.68 gpt Au over 20.5 meters (GH-19) and 0.43
gpt Au over 56 meters (GH09-22). The company continues to be
encouraged by this large gold bearing system which is open in all
directions. The drilling program was cut short due to the spring
breakup. Future drilling anticipated further on this year will also
focus on the Cook Zone. Last year Benton completed two drill
programs that returned 5.03 gpt over 8.5m in GH09-01, 11.9 gpt Au
over 5.5m in GH09-02 and 21.41 gpt Au over 3.0m in GH09-06.
The Golden Harp Block A property is located approximately 100 km
south of Timmins and 87 km southwest of Kirkland Lake, Ontario.
Benton is currently in the midst of earning up to a 70% interest in
the property from Golden Harp Resources Inc. Numerous other zones
also discovered by last falls prospecting program will also be
subject to further ground follow up this summer prior to drill
target selection. Results from the currently completed MC Zone
drill program are as follows:
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DDH FROM (m) TO (m) CORE LENGTH (m) GRADE (gpt Au)
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GH10-24 50.0 123.5 73.5 0.28
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incl. 62.0 90.0 28.0 0.60
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incl. 80.0 90.0 10.0 1.15
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incl. 82.0 84.0 2.0 2.85
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GH10-25 no significant results
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GH10-26 234.5 237.5 3.0 0.59
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GH10-27 146.0 171.5 25.5 0.21
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incl. 162.5 171.5 9.0 0.43
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GH10-28 141.5 191.0 49.5 0.42
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incl. 168.5 191.0 22.5 0.86
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incl. 168.5 177.5 9.0 1.56
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incl. 168.5 171.5 3.0 4.46
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GH10-29 29.0 45.5 16.5 0.42
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incl. 39.5 45.5 6.0 1.15
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and 216.5 236.0 19.5 0.30
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incl. 231.5 236.0 4.5 0.76
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GH10-30 no significant results
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GH10-31 5.4 334.0 328.6 0.19
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incl. 59.0 69.0 10.0 0.36
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and 99.0 114.0 15.0 0.34
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and 241.0 331.0 90.0 0.32
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incl. 265.0 274.0 9.0 0.62
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incl. 265.0 268.0 3.0 1.31
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and 308.0 331.0 23.0 0.43
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GH10-32 3.8 119.0 115.2 0.23
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incl. 30.5 48.5 18.0 1.04
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incl. 33.5 36.5 3.0 4.46
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GH10-33 87.5 215.5 128.0 0.20
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incl. 87.5 126.5 39.0 0.43
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incl. 87.5 98.0 10.5 0.91
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incl. 93.5 98.0 4.5 1.40
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GH10-34 74.0 222.5 148.5 0.22
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incl. 125.0 129.5 4.5 0.82
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and 170.0 179.0 9.0 0.88
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and 215.0 225.0 7.5 0.98
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GH10-35 21.5 101.0 79.5 0.23
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incl. 24.5 29.0 4.5 0.82
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and 60.5 81.5 21.0 0.36
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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 32.9 million shares and 16.7 million
warrants 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. The company is also in the
process spinning out its 100% Bermuda property to it share holders
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.
Contacts: Benton Resources Corp. Stephen Stares (807) 475-7474
(807) 475-7200 (FAX) www.bentonresources.ca Investor Relations
Clair Calvert 204-799-2086