| Announcement Date: | 2022-09-28 |
|---|---|
| Announcement Type: | PEA |
| Announcement Code: | NI43-101 |
| Company name: | Benchmark Metals Inc. |
| Project name: | Lawyers |
| Location: | Canada |
| Commodities: | Gold,Silver |
| Highlight: | PEA result incl. Post Tax NPV (5%) of CAD $589M & IRR of 24.1% |
| Resources: | only available to subscribers |
| CP/QP: | only available to subscribers |
| Announcement summary: | JDS Energy & Mining Inc. (JDS) was commissioned by Benchmark Metals Inc (Benchmark) to carry out a Preliminary Economic Assessment (PEA) of the Lawyers Gold-Silver Project (Lawyers), a resource development gold and silver project owned by Benchmark located in the Golden Horseshoe area of Northern British Columbia, Canada. 1.2 Project Description and Location The Lawyers Property (the Property) is a gold-silver exploration property located in the Golden Horseshoe area of north-central British Columbia (Canada), 450 km north-northwest of the City of Prince George, 275 km north of the Town of Smithers, and 45 km northwest of the Kemess South Mine, a past-producing open pit copper-gold operation. The Lawyers Property consists of 46 contiguous mineral claims covering 14,392 ha. These mineral claims are 100% owned by Benchmark Metals Inc., either directly or through its whollyowned subsidiary PPM Phoenix Precious Metals Corp. The claims are all in good standing until year 2031. |
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