New Discoveries Made Along 20km Gold-Silver Trend
Benchmark Metals Inc.(TSXV: BNCH) reports that systematic exploration and drill targeting are continuing to add new areas to its project pipeline with discoveries of significant new mineralisation at the flagship Lawyers Gold-Silver Project is located in the prolific Golden Horseshoe in north-central British Columbia, Canada.
The company has found success at surface and at depth which it believes may develop into future satellite deposits peripheral to the Cliff Creek, Dukes Ridge and AGB resource targets.
Rock samples collected across new target areas have yielded high-grade results up to 25.90 grams per tonne (g/t) gold and 2,610 g/t silver.
The 2020 resource drilling has surpassed 75,000 metres at Cliff Creek, AGB, and Dukes Ridge and is scheduled to continue through to the end of November.
The company expects to achieve between 90,000 and 100,000 metres in this campaign to complete a new resource estimate in Q1 2021. In addition, Benchmark has completed successful initial drill programs at two new advanced exploration targets: Marmot and Silver Pond. New discovery zones LaLa and Gifford’s Edge have been added near Marmot and Marmot East respectively.
CEO John Williamson said that with continued exploration success across the entire 140 km2 land package, Benchmark sees potential to significantly grow the resource by adding satellite resource targets.
“The potential of the 20 km Lawyers Trend has grown well beyond what was identified by the historic Cheni Mine into an emerging district-scale gold and silver exploration region,” Mr Williamson said.
“As we continue to systematically explore our highly prospective 140 sq. km land position with comprehensive geological mapping, soil and rock sampling, ground and airborne geophysics, and exploration drilling, we continue to add new zones that share the same characteristics as the resource areas in the heart of the property. “We are confident that this will add significant new gold and silver ounces to our forthcoming mineral resource estimate.”
