Benton Resources Corp. ("Benton") (the "Company") (TSX VENTURE:BTC) announces
today that the Board of Directors has temporarily delayed the date for its
special meeting (the "Meeting") of shareholders to consider the spin-out
transaction (the "Transaction") previously announced on March 29, 2011. The
Company continues to work with legal and tax counsel to complete the required
filings and is responding to regulatory and Canada Revenue Agency feedback
concerning its submissions. Management would like to assure shareholders that it
remains committed to completing the Transaction as previously announced, and
that they are working diligently to obtain all required approvals in order to
complete the transaction in due course. The Company will shortly publish new
record and meeting dates for the Meeting.


Pursuant to a plan of arrangement (the "Arrangement") and subject to obtaining
the requisite shareholder, court, and regulatory approvals, Benton intends to
spin-off all of its assets, other than its approximate 57,866,754 million shares
of Coro Mining Corp. ("Coro") (TSX:COP), sufficient working capital to maintain
operations and such other assets as may be required to maintain operations or
are required by the TSX Venture Exchange to a new company (referred to as
"Newco" for the purposes of this release). Newco will hold all of the
exploration assets, remaining cash and equity positions other than Coro. On the
effective date of the Arrangement (the "Effective Date"), shareholders of Benton
will receive one new common share of Benton and one new common share of Newco
for each share of Benton that they held prior to the Effective Date. Following
the Effective Date, both the common shares of Benton and Newco are expected on
trade on the TSX Venture Exchange ("TSX-V"), subject to Benton complying with
the continued listing requirements of the TSX-V and Newco meeting the original
listing requirements of the TSX-V, receiving approval of the TSX-V and meeting
all conditions of listing imposed by the TSX-V. There is no assurance as to if
and when the common shares of Newco will be listed for trading on the TSX-V. The
Arrangement must be approved by no less than 66 2/3% of Benton's shareholders.


The completion of the Arrangement is subject to, among other things: shareholder
and court approval and other necessary regulatory approvals, including TSX-V
acceptance of the Arrangement and conditional listing approval of the Newco
common shares on the TSX-V, and receipt by Benton of an advance tax ruling from
the Canada Revenue Agency confirming that the Arrangement can be finalized on a
tax neutral basis for Benton and its shareholders. There is no assurance that
the TSX-V will provide conditional listing approval for the common shares of
Newco or that the Canada Revenue Agency will provide a favourable advance tax
ruling. A complete description of the Transaction will be contained in the
management information circular to be sent to Benton's shareholders in advance
of the Meeting.


About Benton

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 $10.9 million in cash, owns approximately
57.9 million shares in Coro Mining Corp. (TSX:COP), holds approximately 348,000
shares of Stillwater Mining Company (NYSE:SWC), holds 782,500 shares in Marathon
Gold Corp. (TSX:MOZ), holds 1.6 million shares in Puget Ventures (TSX
VENTURE:PVS), holds 6.5 million shares of Mineral Mountain Resources Ltd. (TSX
VENTURE:MMV), and holds 815,000 shares of Bell Copper Corporation (TSX
VENTURE:BCU) holds 1.2 million shares of Trillium North Minerals (TSX
VENTURE:TNM), holds 1.5 million shares of Golden Dory Resources (TSX
VENTURE:GDR) and 3.0 million shares Parkside Resources (currently private)
Benton is currently in the process of spinning out the majority of its assets by
a plan of arrangement into a new listed company in order to separate its
approximate 42% investment in Coro Mining from its cash, equities and
exploration assets. Benton shareholders will receive a pro-rata interest in this
new company on a one-for-one share basis and pursuant to regulatory approval.


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.