- Benchmark Metals (BNCH) has drilled 27 new holes at the Dukes Ridge deposit of the Lawyers Project
- These new drill results have the potential to positively impact the upcoming mineral resource estimate update
- Highlights include a 49.10-metre core length of 2.36 g/t gold equivalent
- With 2021 infill and expansion drilling now complete, Benchmark has planned additional drilling to test the expansion potential of the system
- Benchmark Metals is a Canadian gold and silver company advancing its Lawyer’s Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia
- Shares in Benchmark Metals Inc. (BNCH) are down 9.09 per cent, trading at $0.90 per share
Benchmark Metals (BNCH) has drilled 27 new holes at the Dukes Ridge deposit of the Lawyers Project.
These new drill results have the potential to positively impact the updated mineral resource estimate (MRE) scheduled for completion during the first half of 2022.
Drilling has also extended mineralization, which remains open, below the 2021 modelled pit shell to a depth of over 220 vertical metres.
Highlights include a 49.10-metre core length of 1.86 g/t gold and 39.96 g/t silver or 2.36 g/t gold equivalent (AuEq).
Extension of mineralization beyond the 2021 modelled pit shell including 64.48 metres containing 0.70 g/t gold and 29.02 g/t silver or 1.06 g/t gold equivalent.
With 2021 infill and expansion drilling now complete, Benchmark has planned additional drilling to test the along-strike expansion potential of the mineralizing system.
“The Dukes Ridge area is providing significant expansion potential from the recent drill program,” said Benchmark CEO John Williamson. “The area remains open in all directions with infill drilling replacing gaps in the Mineral Resource at surface with higher-grade gold and silver material.”
The Dukes Ridge deposit forms part of a global mineral resource estimate from three separate but nearby deposits that delivered 2.1 million ounces of 1.62 g/t AuEq indicated and 821,000 ounces of 1.57 g/t AuEq inferred for its initial MRE.
According to Mr. Williamson, “January 2022 drilling has started at Dukes with two drill rigs focused on proving-up more mineralization at surface and expending gold-silver areas beyond 220 metres vertical depth.”
Benchmark Metals is a Canadian gold and silver company advancing its Lawyer’s Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia.
Shares in Benchmark Metals Inc. (BNCH) are down 9.09 per cent, trading at $0.90 per share as of 1:43 pm EST.