Benchmark Increases Width of Cliff Creek Gold-Silver Zone and Adds Potential for Resource Expansion and Bulk Tonnage
2018年10月27日 - 4:01PM
Benchmark Metals Inc. (the
“
Company” or “
Benchmark”) is
pleased to announce new historical drill-hole assays at the Lawyers
Gold & Silver Project, located in the Golden Triangle region of
British Columbia, Canada.
CEO John Williamson commented, “Early sample
results from selected historical drill-holes indicate that much of
the Gold-Silver Lawyers deposit contains mineralization adjacent to
high- grades zones. In addition to the high-grade intersections,
significant widespread mineralization indicates the potential for a
larger bulk tonnage deposit. Near surface, wide zones of
mineralization envelope the previous historical high-grade zones
and have the potential to increase current resources.”
Cliff Creek Zone - Historical Core
SamplingInitial results from over 1,051 meters of newly
sampled 2015 drill core at the Cliff Creek Zone have been
received. New results yielded additional mineralized gold and
silver intersections across holes which previously provided
high-grade results. Drill-holes CC15-06 and CC15-12 are
initial results from the sampling program that are combined with
historical intersections to demonstrate wider lengths of
mineralization. The intersections have potential to provide greater
confidence for resource estimate expansion. Benchmark anticipates
more results from the historical sampling program. Historical and
new sampling results from historical Cliff Creek drill core are
reported in gold equivalent (**AuEq) below. Images and map
are available at BenchmarkMetals.com
Sampling Tables - The table below represents
new and selected assay results from 2015 core samples collected at
the Cliff Creek Zone.
Photos accompanying this announcement are available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/9e3e4b01-90c0-49ce-a196-5d8003a218f4
http://www.globenewswire.com/NewsRoom/AttachmentNg/9d1ecd26-089f-4c9b-aee2-80667dde359c
Figure #1 – Drill Hole CC15-06 Section
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/77cd51b1-3490-4795-8e5b-218f753e9e47
Figure #2 - Drill Hole CC15-12 Section
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/0fa24ea8-63c1-452d-b33b-2a27a88d4dc0
Figure #3 – Plan Location Map
A photo accompanying this announcement is available at
http://www.globenewswire.com/NewsRoom/AttachmentNg/088a58c0-de10-4b11-8887-e46737c2af98
*Cliff Creek & Dukes Ridge Inferred Resource: Lane et al.,
2018 - Benchmark NI43-101 Report, SEDAR
Lawyers Gold and Silver Project
The Lawyers Property and formerly producing Cheni Gold and Silver
Mine is located 45 km northwest of the Kemess Gold and Copper Mine.
The Property contains an existing Mineral Resource hosts a minimum
of 16 existing gold and silver occurrences that were never fully
mined, developed or explored. The 99km2 prospective land package
presents a unique opportunity for Benchmark to carry out
exploration on a ‘camp’ scale. There remains excellent potential
for the discovery of additional low and high-sulphidation
epithermal precious metal deposits like those that have been
discovered and explored to date in the Golden Triangle region.
Quality Assurance and
ControlResults from samples was analyzed at ALS Global
Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO
9001:2008 accredited facility). The sampling program was undertaken
by Company personnel under the direction of Rob L’Heureux, P.Geol.
A secure chain of custody is maintained in transporting and storing
of all samples. Gold was assayed using a fire assay with atomic
emission spectrometry and gravimetric finish when required (+10g/t
Au). Analysis by four acid digestion with 48 element ICP-MS
analysis was conducted on all samples with silver and base metal
overlimits re-analyzed by atomic absorption or emission
spectrometry. Rock chip samples from outcrop/bedrock are selective
by nature and they may not be representative of the mineralization
hosted on the project.
The technical content of this news release has
been reviewed and approved by Michael Dufresne, M.Sc, P.Geol.,
P.Geo., a qualified person as defined by National Instrument
43-101.
About Benchmark Metals
Inc.Benchmark is a Canadian mineral exploration company
with its common shares listed for trading on the TSX Venture
Exchange in Canada, the OTCQB Venture Market in the United States
and the German Stock Exchanges in Europe. Benchmark is
managed by proven resource sector professionals, who have a track
record of advancing exploration projects from grassroots scenarios
through to production.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “John Williamson”John
Williamson, Chief Executive OfficerFor further
information, please contact:Jim Greig,
Presidentjimg@BNCHmetals.comTel: (604) 260-6977
*Inferred mineral resources are not mineral
reserves. Mineral resources, which are not mineral reserves, do not
have demonstrated economic viability. There has been insufficient
exploration to allow for the classification of the inferred
resources tabulated above as an indicated or measured mineral
resource, however, it is reasonably expected that the majority of
the inferred mineral resources could be upgraded to indicated
mineral resources with continued exploration. There is no guarantee
that any part of the mineral resources discussed herein will be
converted into a mineral reserve in the future.
**The following prices of metals and conversions
are used to calculate AuEq; $US1,200/oz for Au and $US14.50/oz for
Ag; AuEQ = [(Au g/t * 1200 * 0.95 / 31.1035 g/oz) + ( Ag g/t *
14.50 * 0.82 /31.1035 g/oz)]/ (1200 * 0.95 / 31.1035).
***Contained ounces may not add due to
rounding.
This news release may contain certain “forward
looking statements”. Forward-looking statements involve known and
unknown risks, uncertainties, assumptions and other factors that
may cause the actual results, performance or achievements of the
Company to be materially different from any future results,
performance or achievements expressed or implied by the
forward-looking statements. Any forward-looking statement speaks
only as of the date of this news release and, except as may be
required by applicable securities laws, the Company disclaims any
intent or obligation to update any forward-looking statement,
whether as a result of new information, future events or results or
otherwise. Neither TSX Venture Exchange nor its Regulation Services
Provider (as that term is defined in the policies of the TSX
Venture Exchange) accepts responsibility for the adequacy or
accuracy of this release.
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