- Benchmark (BNCH) provided an update on exploration drill target planning near the Kodah and Round Mountain occurrences, located in the northwest portion of the Lawyers Gold-Silver project
- High-grade gold and silver rock grab samples and kilometre-scale soil geochemical anomalies are areas of interest that are currently being advanced to the drill-testing stage
- The company is currently completing ground-based magnetics, bedrock mapping and additional rock prospecting in the Kodah and Round Mountain occurrence areas to further develop prospective drill targets
- Benchmark (BNCH) is up by 3.77 per cent trading at $0.55 per share as of 10:45 am ET
Benchmark (BNCH) provided an update on exploration drill target planning near the Kodah and Round Mountain occurrences.
The Kodah and Round Mountain occurrences are located in the northwest portion of the Lawyers Gold-Silver project.
High-grade gold and silver rock grab samples and kilometre-scale soil geochemical anomalies are areas of interest that are currently being advanced to the drill-testing stage with the collection of high-resolution ground magnetics and additional rock grab sampling and mapping.
High-grade historical grab sampling highlights:
29.14 g/t Au and 2125.7 g/t Ag or 55.71 g/t AuEq, 26.06 g/t Au and 2142.9 g/t Ag or 52.85 g/t AuEq, and 18.86 g/t Au and 1508.5 g/t Ag or 37.72 g/t AuEq.
Benchmark’s CEO, John Williamson, explained that the Kodah and Round Mountain targets represent additional opportunities for new discoveries that have never been drill-tested.
“The robust soil anomalies and excellent precious metals grades in rock grab sampling over these areas have strong similarities to the geochemical signatures at the existing, large deposits at the Lawyers Gold-Silver Project. We look forward to completing the final ground magnetics and prospecting passes at Kodah and Round Mountain to finalize high-confidence drill targets. In addition, the Company is quickly advancing on its Preliminary Economic Assessment (PEA), due for imminent, near-term publication. Benchmark has advanced technical and engineering drilling in progress towards its Feasibility Study for 2023.”
The company is currently completing ground-based magnetics, bedrock mapping and additional rock prospecting in the Kodah and Round Mountain occurrence areas to further develop prospective drill targets.
The Lawyers Gold-Silver project is located within the prolific Golden Horseshoe area of north-central British Columbia, Canada.
Benchmark (BNCH) is up by 3.77 per cent trading at $0.55 per share as of 10:45 am ET.