2018-09-13 12:30 ET - News Release
Mr. John Williamson reports
SELECTED GRAB SAMPLES RETURN 220G/T GOLD AND +10,000G/T SILVER (341G/T AUEQ) IN THE GOLDEN TRIANGLE
Benchmark Metals Inc. has released additional assays for large mineralized surface showings with high-grade rock sample results at the Lawyers gold-silver project located in the Golden Triangle region of British Columbia, Canada. Selected samples are not representative of the mineralization hosted on the property.
John Williamson, chief executive officer of Benchmark Metals, commented: "Bonanza gold and silver results across two new zones represent tremendous expansion opportunities at the Lawyers project. Selected samples return gold results at 220 g/t [grams per tonne] and 160 g/t gold, with silver at plus-10,000 g/t and 1,440 g/t, clearly demonstrates the potential at zones that extend across hundreds of metres. We anticipate more exciting geochemistry results before drilling begins to test target areas and to extend the existing resource at the Cliff Creek occurrence."
Lawyers rock sample results
Geochemical rock sample results have been received from outcrop and subcrop from the Lawyers property as well as the formerly producing Cheni gold and silver mine. The project is located 45 kilometres northwest of the Kemess gold and copper mine. Selected high-grade results from rock grab samples include:
340.83 grams per tonne gold equivalent -- 220 grams per tonne gold and and 10,000 grams per tonne silver (Phoenix occurrence);
177.5 grams per tonne gold equivalent -- 160 grams per tonne gold and 1,440 grams per tonne silver (Phoenix occurrence);
87.99 grams per tonne gold equivalent -- 23.1 grams per tonne gold and 5,370 grams per tonne silver (AGB occurrence);
23.18 grams per tonne gold equivalent -- 22.2 grams per tonne gold and 80.9 grams per tonne silver (AGB occurrence);
18.44 grams per tonne gold equivalent --17.7 grams per tonne gold and 61.6 grams per tonne silver (AGB occurrence);
19.73 grams per tonne gold equivalent --16.2 grams per tonne gold and 107 grams per tonne silver (AGB occurrence).
Gold equivalent numbers are calculated using $1,200 gold per ounce and $14.50 silver per ounce.
Benchmark continues its exploration efforts, with a focus to define new zones as well as further develop the maiden gold and silver resource announced on June 14, 2018.
The technical content of this news release has been reviewed and approved by Michael Dufresne, MSc, PGeol, PGeo, a qualified person as defined by National Instrument 43-101.
Quality assurance and quality control
Results from 125 samples were 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, PGeol. 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 (plus 10 g/t Au). Analysis by four-acid digestion with 48-element ICP-MS analysis was conducted on all samples with silver and base metal overlimits reanalyzed 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.
About Benchmark Metals Inc.
Benchmark Metals 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 Frankfurt Stock Exchange in Germany. Benchmark Metals is managed by proven resource sector professionals, who have a record of advancing exploration projects from grassroots scenarios through to production.
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