Following Up 2020 BC Discovery
Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) has mobilised a drill rig to begin drilling at the Marmot and Marmot East Targets in British Columbia, Canada.
A comprehensive exploration plan at Marmot includes 12,500 metres planned exploration drilling to follow up on the 2020 discovery hole of 101.00 m (core length) of 0.82 g/t AuEq (including 18.00 m of 2.5 g/t Au).
In addition, 2,500m is planned at the adjacent Marmot East Target. Both targets have significant potential for generating new, at surface gold-silver ounces. The Marmot and Marmot East discoveries are three km south of Benchmark’s multi-million ounce gold-silver deposits, located within the Golden Horseshoe area of north-central BC.
“The global 2021 drill programme will add significant ounces to a future updated Mineral Resource Estimate,” CEO, John Williamson, said.
“There is significant potential to add additional gold-silver ounces from the exploration drilling to expand known zones and make new discoveries.
“The Marmot targets have significant potential to generate gold and silver ounces of the same scope and scale as the Cliff Creek deposit. Drilling continues at the main deposits (Cliff Creek, Duke’s and AGB) where visuals from logged core show significant mineralization in expansion holes located outside of the pit constrained resource areas.”
The Marmot and Marmot East discoveries have a similar geochemical footprint to the Cliff Creek resource area, comparable airborne gamma-ray spectrometry (AGRS/radiometrics), magnetic and EM geophysical signatures and dimensions, and have delivered similar drill intercept widths and grades.
Additionally, the Marmot and Marmot East areas are located within the same northwest-southeast trending structural corridor interpreted as a significant control on mineralization at Cliff Creek.
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