Announcement Date: 2022-05-24
Announcement Type: Drilling Results
Announcement Code: NI43-101
Company name: Benchmark Metals Inc.
Project name: Lawyers
Location: Canada
Commodities: Gold,Silver
Highlight: Drilling results incl. 77.0m @ 1.11g/t Au, 35.93g/t Ag from 257m
Resources: only available to subscribers
CP/QP: only available to subscribers
Announcement summary: Edmonton, Alberta–(Newsfile Corp. – May 24, 2022) – Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the “Company” or “Benchmark”) is pleased to announce new results from exploration drilling at the Marmot Zone. Results include additional assays that have more than doubled the length of the previously reported mineralized intercept in drill hole 21MLDD004 from 30.0 metres (see October 27, 2021 news release) to 77.0 metres (m) core length of 1.11 grams per tonne (g/t) gold (Au) and 35.93 g/t silver (Ag) or 1.56 g/t gold equivalent* (AuEq). This broad, bulk-tonnage type intercept also contains significant high-grade, including the previously reported 3.00 mof 16.29 g/t Au and 599.67 g/t Ag or 23.79 g/t AuEq. The results have provided similar mineralization to the Company’s multi-million-ounce gold-silver deposits located 3 kilometres to the northwest (Figure 1). Exploration work to date at Marmot includes 29 drill holes totaling approximately 8,700 m, together with extensive rock and soil sampling programs and multiple ground-based geophysical surveys. The Marmot discoveries appear similar to the known deposit areas the Company has defined within its flagship, 100% owned Lawyers Gold-Silver Project, located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.
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