New drill results from the southern extent of the Cliff Creek zone returned broad zones of mineralization including 128.10 metres (m) of 1.65 grams per tonne (g/t) gold and 110.02 g/t silver or 3.02 g/t gold equivalent* (AuEq). In addition, a drill-hole located 100 m to the north yielded 221.53 m of 0.82 g/t gold and 15.16 g/t silver or 1.01 g/t gold AuEq. Drilling at the southern end has significantly expanded mineralization at Cliff Creek with broad gold-silver mineralization up to 200 m estimated true-thickness.
Cliff Creek South Highlights
Table #1: Summary of the various styles of mineralized intercepts
Style of min. | Drillhole | Int. | Au (g/t) | Ag (g/t) | AuEq* (g/t) |
Broad Bulk Tonnage | 20CCDD028 | 128.10 | 1.65 | 110.02 | 3.02 |
20CCDD024 | 221.53 | 0.82 | 15.16 | 1.01 | |
20CCDD024 | 90.53 | 1.40 | 21.05 | 1.67 | |
High-Grade | 20CCDD028 | 4.33 | 5.60 | 1131.50 | 19.74 |
20CCDD028 | 6.94 | 6.90 | 731.88 | 16.05 | |
20CCDD024 | 1.00 | 20.70 | 64.90 | 21.51 |
*Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
Table #2: New results from the southern Cliff Creek Zone, ordered north to south with ref. Image #1
Drill-Hole*** |
From (m) |
To (m) |
Interval** (m) |
Gold (g/t) |
Silver (g/t) |
Au-Eq* (g/t) |
|
20CCRC017 |
120.40 |
132.59 |
12.19 |
0.85 |
4.95 |
0.91 |
|
20CCDD034 |
18.00 |
36.00 |
18.00 |
1.93 |
26.00 |
2.25 |
|
35.00 |
36.00 |
1.00 |
23.60 |
206.00 |
26.18 |
||
138.00 |
151.00 |
13.00 |
1.18 |
5.31 |
1.25 |
||
incl |
138.00 |
145.00 |
7.00 |
1.84 |
6.62 |
1.92 |
|
20CCRC016 |
155.45 |
178.31 |
22.86 |
1.06 |
3.02 |
1.10 |
|
20CCRC015 |
71.63 |
85.34 |
13.71 |
0.53 |
4.96 |
0.59 |
|
99.06 |
118.87 |
19.81 |
1.26 |
10.27 |
1.39 |
||
incl |
109.73 |
111.25 |
1.52 |
4.81 |
23.00 |
5.10 |
|
20CCDD024 |
104.00 |
325.53 |
221.53 |
0.82 |
15.16 |
1.01 |
|
195.00 |
196.00 |
1.00 |
20.70 |
64.90 |
21.51 |
||
235.00 |
325.53 |
90.53 |
1.40 |
21.05 |
1.67 |
||
incl |
252.00 |
266.00 |
14.00 |
3.77 |
25.16 |
4.09 |
|
and |
319.67 |
325.53 |
5.86 |
3.80 |
92.57 |
4.96 |
|
20CCRC011 |
67.06 |
92.96 |
25.90 |
0.69 |
19.61 |
0.93 |
|
incl |
67.06 |
68.58 |
1.52 |
4.23 |
17.50 |
4.45 |
|
incl |
89.92 |
91.44 |
1.52 |
3.90 |
92.20 |
5.05 |
|
20CCDD028 |
265.90 |
394.00 |
128.10 |
1.65 |
110.02 |
3.02 |
|
incl |
292.00 |
294.00 |
2.00 |
5.77 |
170.90 |
7.91 |
|
and |
313.00 |
314.00 |
1.00 |
15.40 |
86.00 |
16.48 |
|
and |
352.00 |
356.33 |
4.33 |
5.60 |
1131.50 |
19.74 |
|
and |
378.00 |
384.94 |
6.94 |
6.90 |
731.88 |
16.05 |
|
20CCRC012 |
91.44 |
108.20 |
16.76 |
0.99 |
18.71 |
1.22 |
|
20CCRC013 |
88.39 |
89.92 |
1.53 |
4.02 |
23.00 |
4.31 |
|
138.68 |
155.45 |
16.77 |
0.52 |
2.49 |
0.55 |
* Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
** Intervals are core-length. True width is estimated between 80 to 90% of core length.
*** RC = Reverse circulation hole and DD = Diamond drill hole
Image #1 - Cliff Creek Zone Plan map and inset of the South Zone
To view an enhanced version of Image 1 please visit:
https://orders.newsfilecorp.com/files/6169/67643_f64ea1f9448cdbe9_001full.jpg
Image #2 - Cliff Creek Zone Drill Section
To view an enhanced version of Image 2, please visit:
https://orders.newsfilecorp.com/files/6169/67643_f64ea1f9448cdbe9_002full.jpg
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility). The sampling program was undertaken by Company personnel under the direction of Rob L'Heureux, P.Geol. 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 (+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 over- limits being re-analyzed by atomic absorption or emission spectrometry. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.
The technical content of this news release has been reviewed and approved by Michael Dufresne, M.Sc, P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.
About Benchmark Metals
Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer's Gold-Silver Project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Company trades on the TSX Venture Exchange in Canada, the OTCQX Best 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.
Benchmark is part of the Metals Group of companies, managed by an award-winning team of professionals who stand for technical excellence, painstaking project selection and uncompromising corporate governance, with a proven ability to capitalize on investment opportunities and deliver shareholder returns.
www.metalsgroup.com
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