Benchmark Metals defines six mineralized zones following exploration program in Golden Horseshoe, BC

October 15, 2019

Benchmark Metals


Edmonton’s Benchmark Metals Inc has announced it has defined six discrete mineralized zones at their Lawyers property in the Stikine Terrane of northern British Columbia, Canada, found within the prolific, mineral-endowed ‘Golden Horseshoe’. The 2019 exploration program included 47 diamond drill holes totalling 10,766.79 metres which have defined these targets which will now be the focus of resource definition and expansion drilling in 2020.

Map of six discrete zones within the Lawyers Trend that will be the focus of resource definition and expansion in 2020
Map of six discrete zones within the Lawyers Trend that will be the focus of resource definition and expansion in 2020

In addition, the collection of 1,406 soil samples, 215 rock trench samples, 42 rock channel samples, 299 rock grab samples, detailed geological mapping, and ground geophysics have developed two zones to drill ready targets and six additional early stage exploration targets for more comprehensive field programs in 2020.

Commenting on the news, Benchmark Chairman and CEO John Williamson said “The 2019 program successfully extended gold-silver mineralization in all directions within six different zones across a 3km radius in the heart of the Lawyers Trend. Each zone shows significant potential to develop a mineral resource that includes high-grade and bulk-tonnage intersections that begin at surface. Our geologists have also defined new discovery zones across the 127 km2 package that will be drill tested in 2020.”

Benchmark Metals Lawyers project location in British Columbia, Canada

Though full results are yet to be released, of the holes drilled, 45 contained alteration, veining and mineralization – full results to be released once they have been returned from the lan and interpreted. Some sample expedited drill results from the first drill hold of three of the targeted zones include:

Cliff Creek Zone – 19CCDD001 intersected:
2.19 g/t gold and 85.36 g/t silver over 26.75 metres*
Incl. 11.73 g/t gold and 476.00 g/t silver over 4.40 metres*

AGB Zone – 19AGBDD001 intersected:
2.79 g/t gold and 177.00 g/t silver over 25.00 metres*
Incl. 5.37 g/t gold and 214.00 g/t silver over 7.00 metres*
Incl. 10.02 g/t gold and 654.00 g/t silver over 2.1 metres*

Phoenix Zone – 19PXDD001 intersected:
46.90 g/t gold and 3,055.6 g/t silver over 2.87 metres*
Incl. 132.50 g/t gold and 8,560.0 g/t silver over 0.9 metres*

*All intervals are core-length. True width is estimated to be 80-90% of core length.

About Benchmark Metals Inc.

Benchmark 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 Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.
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MiningIR hosts a variety of articles from a range of sources. Our content, while interesting, should not be considered as formal financial advice. Always seek professional guidance and consult a range of sources before investing.
James Hyland, MiningIR