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Benton Resources Inc. (BEX.V) has announced partial assay results from its first drill program at the Great Burnt Copper Gold Project in Newfoundland. The company, in collaboration with Spruce Ridge Resources Ltd. (SHL), is working under an option agreement to earn a 70% interest in Spruce’s Newfoundland properties.
Drill Program Highlights
Benton’s initial and updated press releases on October 16 and November 1, respectively, reveal significant findings. Steve Balch, interim President and CEO, stated, ‘Benton’s exploration program has kicked off strongly, with plans to expand drilling further north at South Pond.’
To secure the 70% interest, Benton must invest $2.5 million in exploration over 36 months. Spruce will provide further insights on Benton’s results at the Annual General Meeting on November 30, 2023.
This release contains forward-looking statements based on current expectations and assumptions. These statements are subject to risks and uncertainties, and actual results may differ materially. The company will continue to follow its strategic plans and keep stakeholders updated on any developments.
Company Website: https://www.bentonresources.ca
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