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Thunder Bay, Ontario – (Newsfile Corp. – September 7, 2021) – Benton Sources Inc. (TSXV: BEX) (‘Benton’ or ‘the Firm’) is happy to share the outcomes obtained by Clear Air Metals Inc. (TSXV : AIR) (FSE: CKU) (OTCQB: CLRMF) (“Clear Air Metals” or the “Firm”) from current drilling on the Escape Lake mission, beneath the Benton Choice. Clear Air Metals can earn as much as 100% of the Escape Lake mission and Benton will preserve 0.5% NSR on the property.
ELR21-077 intersected gap 76.6 m grading 5.67 g / t palladium equivalents (PdEq) composed of 1.63 g / t platinum (Pt), 2.14 g / t palladium (Pd), 0.81% copper (Cu), 0.41% nickel (Ni) from 345.0 m to 421.6 m downhole, together with 21.0 m grading 9.98 g / t PdEq composed of two.97 g / t Platinum (Pt), 3.93 g / t Palladium (Pd), 1.41% Copper (Cu), 0.68% Nickel (Or) from 392.0 m to 413.0 m downhole.
The Escape Lake deposit has been the main target of Clear Air Metals work for almost all of drilling over the previous 14 months. Because the first useful resource launched in January 2021 of 505,369 ounces at 3.67 g / t PdEq in 4.28 million tonnes, the Clear Air Metals staff has efficiently expanded the scale of the excessive grade Escape South zone and demonstrated roughly 700 m of mineralization alongside the development. Gap ELR21-077, with its vital thickness and grade, seems to additional prolong the sting of the excessive grade Escape Lake zone and show the potential contribution of the dimensions of the Escape Lake deposit to the general mission. Thunder Bay North. A mineral useful resource replace for the Escape Lake deposit is at the moment scheduled for the primary quarter of 2022.
Full particulars on current drilling, together with outcomes from the adjoining Present Lake deposit, could be discovered on the Clear Air Metals web site:
Benton continues to be very inspired by the progress made by Clear Air Metals Inc. (TSXV: AIR) (“Clear Air”), during which Benton owns 24.6 million shares. Clear Air operates a number of rigs on the Thunder Bay North and Escape Lake copper-nickel-PGM initiatives and has reported glorious drilling outcomes from its present drilling marketing campaign. Benton appears to be like ahead to receiving encouraging drilling outcomes and the long run development of the mission.
Benton additionally owns 3,940,000 shares of Quadro Sources Ltd, which is advancing varied initiatives in Newfoundland and Ontario. As well as, Benton owns 3.6 million shares of St. Anthony Gold Corp. (previously Maxtech Ventures Inc.). St. Anthony Gold has an possibility and three way partnership settlement on the Benton Panama Lake gold mission within the Pink Lake mining area. As well as, Benton owns 1.0 million shares of Sokoman Minerals Corp., which continues to report glorious drilling outcomes from its Moosehead mission in Newfoundland, and a pair of.63 million shares of Metallica Metals advancing the Benton Saganaga (Starr) gold mission. Benton additionally has two optionally available initiatives in northwestern Ontario at Rio Tinto Exploration Canada (the Bark Lake and West Baril Lake copper-nickel EGP initiatives).
Nathan Sims (P.Geo.), Senior Director of Exploration for Benton Sources Inc., the “Certified Individual” beneath Nationwide Customary 43-101, has accredited the scientific and technical disclosure of this press launch and has ready or supervised its preparation.
On behalf of the Board of Administrators of Benton Sources Inc.,
“Stephen is watching”
Stephen Stares, President
About Benton Sources Inc.
Benton Sources Inc. is a well-funded mineral exploration firm listed on the TSX Enterprise Alternate beneath the image BEX. Following a mission technology enterprise mannequin, Benton has a diversified and extremely promising portfolio of properties within the Gold, Silver, Nickel, Copper and Platinum group parts and at the moment holds vital stakes in different mining firms which might be advancing prime quality belongings. The place potential, BEX retains web smelter royalties (NSR) for potential long-term money flows.
Benton additionally lately entered right into a strategic 50/50 alliance with Sokoman Minerals via three large-scale three way partnership properties, together with Grey River, Golden Hope and Kepenkeck in Newfoundland, that are at the moment into account.
Events excited by searching for extra info on the properties accessible for the choice could contact Mr. Stares on the quantity beneath.
For extra info, please contact:
Stephen Stares, President and CEO
E-mail: [email protected]
Capital markets in CHF
Cathy Hume, CEO
Phone: 416-868-1079 ext 251
E-mail: [email protected]
THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS COMMUNICATION.
The data contained on this doc incorporates “forward-looking statements” inside the which means of relevant securities legal guidelines. Ahead-looking statements relate to info based mostly on administration’s assumptions, forecasts of future outcomes and estimates of quantities not but determinable. All statements that categorical predictions, expectations, beliefs, plans, projections, aims, assumptions or future occasions or efficiency aren’t statements of historic truth and could also be “forward-looking statements”.
Ahead-looking statements are topic to numerous dangers and uncertainties that would trigger precise occasions or outcomes to vary from these mirrored in forward-looking statements, together with, with out limitation: dangers referring to the lack to acquire satisfactory funding on a well timed foundation and on acceptable phrases; dangers related to the result of authorized proceedings; political and regulatory dangers related to mining and exploration; dangers related to sustaining inventory market listings; dangers related to environmental rules and legal responsibility; the potential for delays in exploration or improvement actions or the completion of feasibility research; uncertainty of profitability; dangers and uncertainties related to the interpretation of drilling outcomes, geology, grade and continuity of mineral deposits; dangers related to the inherent uncertainty of manufacturing and price estimates and the potential for unanticipated prices and bills; the outcomes of pre-feasibility and feasibility research, and the likelihood that future exploration, improvement or mining outcomes could not meet the Firm’s expectations; dangers related to fluctuations within the value of gold and different commodities; and different dangers and uncertainties referring to the prospects, properties and operations of the Firm detailed elsewhere within the Firm’s disclosure file. If a number of of those dangers and uncertainties materialize, or if the underlying assumptions show to be incorrect, precise outcomes may differ materially from these described in forward-looking statements. Traders are cautioned in opposition to assigning undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Firm assumes no obligation to replace or revise them to replicate new occasions or circumstances. Precise occasions or outcomes may differ materially from the Firm’s expectations or projections.
To view the supply model of this press launch, please go to https://www.newsfilecorp.com/launch/95737