Benton Resources taps prospective gold property.
Thunder Bay junior explorer Benton Resources has signed a binding letter of intent to enter into an option agreement with privately owned Traxxin Resources toward acquiring their Bedivere Property, 130 kilometres west of the city.
Recent prospecting by Traxxin resulted in a new high-grade gold discovery where surface grab samples have returned assays ranging from trace up to 1,281 grams per tonne gold (41 ounces), some of which contain impressive visible gold taken from a small pit dug on the west side of a large quartz vein system.
The property is 18 kilometres north of Highway 11/17 and is accessible by new logging roads.
"Our team is extremely pleased to have executed an agreement on such a prospective new high grade gold discovery with many specimens containing impressive visible gold," said Benton president-CEO Stephen Stares in a...
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