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home / news releases / benchmark metals a large new mineral resource estima


BNCHF - Benchmark Metals: A Large New Mineral Resource Estimate

2024-03-27 17:08:02 ET

Resource estimate showing nearly three million ounces of gold and silver in three zones

Benchmark Metals is a mineral exploration company. They're focusing on proving and developing the substantial resource potential of the Lawyer’s Gold and Silver project. The project is located in the prolific Golden Horseshoe of northern British Columbia, Canada.

The work done during 2020 and previous years have all contributed to a large, new mineral resource estimate. In fact, Benchmark now sees near three million ounces of gold and silver in three zones that have this mineralization directly at surface.

Moreover, Benchmark Metals has recently signed agreements with their three First Nations partners. The company’s next milestone will be the release this summer of a Preliminary Economic Assessment. "This PEA will demonstrate robust economics and a long mine life," says President, Jim Greig.

More on Lawyers Gold-Silver Project

The Lawyers Project straddles an important stratigraphic horizon between rocks of the Upper Triassic Stuhini Group and Lower Jurassic Hazelton Group that define an important geological unconformity with many of the deposits in the Golden Horseshoe concentrated along it. The project is also located in a proven and profitable mining jurisdiction, only 45 km northwest of the Kemess gold-copper mine. The Golden Horseshoe provides a visual context for the mines, discoveries and common geology of the Golden Triangle and Toodoggone regions, which forms a prolific metalliferous arch that includes the Quesnel and Stikine terranes.

"The beauty of this project is with this new, near three million ounce resource, it still remains open. There will be more drilling this year to define and expand these three zones," says Greig.

For more information on Benchmark Metals Inc. (TSX.V: BNCH, OTCQX: BNCHF) please click the request investor info button.

Stock Information

Company Name: Benchmark Metals Inc
Stock Symbol: BNCHF
Market: OTC

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