Benton Resources Corp.

Published : March 14th, 2008

Acquires and Joint Ventures new Ni-Cu-Co property

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment

News Release March 14, 2008

 

Benton Resources Corp. (BTC) Acquires and Joint Ventures new Ni-Cu-Co property

 

Thunder Bay, Ontario: Benton Resources Corp. ("Benton" or the "Company") is pleased to report that the Company has entered into an option agreement to acquire 70% of the Portage Lake Nickel-Copper-Cobalt (Ni-Cu-Co) property located in Central Newfoundland.The property consists of seven unpatented mining licenses totaling 593 units. The project is Joint Ventured with Golden Dory Resources (GDR) which has an option to acquire the remaining 30% interest and which will be funding 30% of exploration costs. To earn its 70% interest Benton will make payments totaling $87,000 in cash and issue to the vendors 136,000 shares over 3 years. The property is also subject to a 2% NSR payable to the vendors of which Benton and GDR can buy back 1% for 1 million dollars. The property is host to several newly discovered Cu-Ni-Co showings that lie within a large mafic intrusion which has been recently identified and mapped by the Newfoundland government.

 

Benton believes the property geology is highly favourable for nickel-copper mineralization and is currently organizing an airborne survey to look for conductive bodies within the large intrusion.The ground work will follow as soon as weather permits to delineate diamond drill targets.

 

The Company also announces that it has agreed to grant 2,000,000 incentive stock options to directors, employees and consultants of the Company, exercisable at a price of $0.70 per share for a period of five years from the date of grant.

 

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

 

On behalf of the Board of Directors of Benton Resources Corp.

"Stephen Stares"

Stephen Stares, President

 

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

 

 

For further information contact Stephen Stares @

3290 Willard Ave

Thunder Bay, Ont.

P7E 6J7

Phone (807)475-7474

Fax (807)475-7200

www.bentonresources.ca

 

Investor relations:

 

In Canada:

First Canadian Capital

Daniel Boase

Phone (416) 742 5600

Fax (416) 742 6410

 

In U.S.A:

The Windward Agency

Kelly Boatright

Phone (704) 588 8600

 

 

 

 


Filing Services Canada Inc. | 300, 4015-17th Avenue SE | Calgary | Alberta | T2A 0S8 | Canada


Benton Resources Corp.

EXPLORATION STAGE
CODE : BTC.V
ISIN : CA0827691001
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Benton Res. is a gold and copper exploration company based in Canada.

Benton Res. holds various exploration projects in Canada.

Its main exploration properties are BARK LAKE, GOODCHILD, SAGANAGA, SWAYZE, KINGURUTIK, RIM, SOUTH SIBLEY, DELORO, ONION LAKE, GOLDEN HARP, BERMUDA, ARMIT LAKE, LONG RANGE and KINGURUTIK LAKE in Canada.

Benton Res. is listed in Canada and in Germany. Its market capitalisation is CA$ 2.3 millions as of today (US$ 1.8 millions, € 1.6 millions).

Its stock quote reached its highest recent level on December 31, 2007 at CA$ 2.15, and its lowest recent point on April 10, 2015 at CA$ 0.01.

Benton Res. has 38 140 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Annual reports of Benton Resources Corp.
2008 Annual report
Annual Report 2007
Financings of Benton Resources Corp.
6/2/2011Exercises Remaining Warrants in Coro Mining Corp.
12/16/2009BTC Exercises Coro Warrants
10/9/2009BTC Sale of Coro Warrants
8/17/2009Additional BTC Non Brokered Financing
8/14/2009BTC Increases Private Placement
8/12/2009BTC Announces Non Brokered Private Placement
Project news of Benton Resources Corp.
2/10/2014eNewsletter -- BEX Cape Ray Recoveries & Drilling
12/9/2013eNewsletter - Benton Stakes Antimony project
8/29/2013eNewsletter - Metallurgical Testing on Cape Ray
8/19/2013eNewsletter - Benton Sells Graphite Discovery
8/16/2013eNewsletter - Benton Options Mealy Property
7/31/2013eNewsletter - BENTON STAKES LARGE LAND POSITION FO
7/24/2013eNewsletter - Forester Lake Drill Results
5/8/2013ADVISED OF CORO=E2??S LETTER OF INTENT ON BERTA PROJECT AND ...
4/10/2013Drilling at Elizabeth Anne Commences
2/22/2013Completes Airborne Survey and Provides Update on Elizabeth A...
2/13/2013Outlines Large Area of Gold-Siver Mineralization at Elizabet...
1/30/2013(Bermuda)Sells Royalty Interest in Bermuda Project to Gold Royalties ...
10/24/2012APPLIES FOR SHARE BUYBACK AND PROVIDES UPDATE ON CAPE RAY PR...
10/12/2012Continues to Intersect Gold Mineralization at Elizabeth Anne
8/2/2012Capital Corp & Benton Resources Inc. Press Release
6/6/2012Benton Drills Gold at Elizabeth Anne Property
5/18/2012(Saganaga)IDENTIFIES AWARUITE AT GOODCHILD PROJECT AND REPORTS SAGANAG...
5/1/2012Commences Drilling at Elizabeth Anne Gold Property
3/2/2012Acquires Gold Project in the USA
12/22/2011Announces Final Drill Results at Abernethy
9/12/2011Commences Drilling on Abernethy Gold Project
8/10/2011Provides Project Update & Options Gold Property
2/24/2011(Long Range)TO DRILL LONG RANGE BASE METAL TARGETS
2/24/2011(Long Range)and JV Partner Buchans Minerals to Drill Long Range Base Met...
2/15/2011(Onion Lake)and Partner Glory Acquire Rio Tinto Claims Adding to Onion L...
5/19/2010(Kingurutik Lake)Drilling Kingurutik Lake
5/12/2010(Golden Harp)Drill Results
4/21/2010(Deloro)Commences Drilling on Deloro Option in Heart of Timmins Gold...
3/18/2010(Golden Harp)Phase 3 Drill Program
1/26/2010(Deloro)Drilling Results
12/1/2009(Saganaga)Drills Multiple Gold Zones at Saganaga
11/3/2009(Long Range)& Royal Roads Make New Discovery
9/24/2009(Saganaga)Provides Exploration Update
9/9/2009(Copper Hill)Starts Phase II Drilling on Golden Harp Option
6/26/2009(Golden Harp)Drill Results
6/17/2009(South Sibley)Options Sibley Project to Kennecott
3/26/2008(Bermuda) Initiates Drill Program on the BCF Property in Marathon
3/18/2008(Bark Lake)Diamond drill mobilized to Armit Lake Property
3/3/2008(Kingurutik Lake)New airborne coverage initiated for Kingurutik Lake Ni-Co-Co...
2/22/2008(Bark Lake)MOBILIZES DRILL TO NEW HIGH GRADE NICKEL, COPPER, PLATINUM A...
1/17/2008(Bermuda) Drills more Copper and PGMs North of Marathon Deposit
Corporate news of Benton Resources Corp.
4/26/2016April 26, 2016: BENTON CAPITAL INCREASES LAND PACKAGE AT WIS...
4/20/2016April 20, 2016: BENTON SELLS CHAMPION GRAPHITE PROJECT TO BE...
4/20/2016April 20, 2016: BENTON CAPITAL ACQUIRES LITHIUM AND GRAPHITE...
10/2/2015October 2, 2015: October 2, 2015 Thunder Bay, Ontario: Bento...
10/2/2015Benton Capital Terminates Letter of Intent to Acquire Gross ...
8/1/2015July 30, 2015: July 30, 2015 Thunder Bay, Ontario: Benton Ca...
7/30/2015Benton Capital to Acquire Up to a 10% Gross Overriding Royal...
1/21/2015IIROC Trading Resumption - BTC; EGA
1/20/2015January 19, 2015: January 19, 2015 Thunder Bay, Ontario: Ben...
1/19/2015Benton Capital to Focus on Exploration and Royalties
1/19/2015Capital to Focus on Exploration and Royalties
1/15/2015January 15, 2015: BENTON CAPITAL TERMINATES AGREEMENT TO ACQ...
1/15/2015Benton Capital Terminates Agreement to Acquire Folium Life S...
11/20/2014November 20, 2014: BENTON CAPITAL PROVIDES UPDATE ON ACQUISI...
11/20/2014Benton Capital Provides Update on Acquisition of Folium Life...
8/1/2014Benton Capital Completes Distribution of Coro Mining Shares ...
7/22/2014Benton Receives Final Order and Approval for Plan of Arrange...
7/8/2014Benton Provides Results of Annual General and Special Meetin...
12/4/2013eNewsletter - Benton Applies for Share Buyback
12/3/2013eNewsletter - Initial Results & Update on Cape
10/15/2013eNewsletter - BEX locates new anomaly - Cape Ray
10/9/2013eNewsletter - BEX STAKES MORE GROUND AT CAPE RAY
10/8/2013eNewsletter - BEX TO PURCHASE ADDITIONAL DEPOSITS
8/15/2013eNewsletter - Benton Stakes Ground Near Zenyatta
8/8/2013Coro Provides Berta Update
7/24/2013eNewsletter - Purchase of Cape Ray Gold Complete
7/5/2013enewsletter
7/4/2013Purchases 100% Interest in Cape Ray Project From Cornerstone
5/29/2013Capital Applies for Share Buyback
5/8/2013advised of Coro's Letter of Intent on Berta project and rece...
5/3/2013Capital adopts advance notice policy
3/28/2013Gold Royalties Withdraws Offer
3/27/2013Capital News Release
3/27/2013Capital provides shareholder update on unsolicited offer fro...
3/21/2013Capital receives unsolicited offer from Gold Royalties
2/19/2013Capital Advised that Coro Sells Chacay for $2.5 Million USD ...
2/15/2013Sells Stake in Stillwater Mining for $5.02 Million USD
1/10/2013Provides Elizabeth Anne Update
11/2/2012Provides ACP Allocation Update
11/2/2012and Benton Capital Corp. Provide Shareholder Guidance Re...
10/26/2012SAMPLES OVER 5 OZ PER TONNE GOLD AT TURTLEPOND
9/20/2012Signs LOI and Provides Corporate Update
9/17/2012Capital Corp. - New Website
9/5/2012Capital Provides Update - BTC
7/4/2012Elizabeth Anne - Silver Assays - Press Release
4/23/2012Receives Conditional Approval on Spin-Out and Provides Updat...
4/4/2012Spint Out Update
3/5/2012Advised by Coro of San Jorge Alternative
2/29/2012Coro Amends Term of San Jorge Agreement
2/9/2012Announces Drilling Results at Sewell
10/24/2011Spinout Update
9/22/2011Amends AGM Dates
8/25/2011Coro's San Jorge EID Denied Ratification
7/19/2011Provides Update on Spin-Out Proposal
6/7/2011Drilling Identifies Significant Gold Trend on Shebandowan Go...
5/18/2011Coverage from Jennings Capital on Coro Mining
5/9/2011Spin Out Update
5/3/2011BENTON ADVISED THAT CORO MAKES US$4 MILLION PAYMENT TO LUMIN...
5/2/2011Signs Letter of Intent
4/18/2011Acquires 100% Interest in High Grade Gold Project
4/4/2011Options Forester
3/30/2011Pope & Co. Morning Notes
3/29/2011to Spin Out Assets to Shareholders
7/8/2010Gives Exploration Update
6/21/2010Hires Thomas Weisel
4/14/2010To Spin Out Copper - PGM Company to Shareholders
2/18/2010Sells 100% Interest in Rex Lake Property to Puget
12/14/2009Stephen Stares on CEO Clips
12/10/2009Coro Mining Corp.'s Latest Presentation
12/4/2009Starts Drilling
11/20/2009Identifies Bulk Tonnage Target at Golden Harp Cook Zone
11/18/2009& Royal Road Intersect Nickel-Copper Sulphides
11/12/2009Completes Deloro Option in Heart of Timmins Gold Camp
11/5/2009Mineral Resource Investment Showcase - November 12, 2009
10/28/2009Discovers Nickel New Zone
10/23/2009Metal Price Revisions - October 2009.pdf
10/6/2009Haywood Coverage
10/1/2009Discovers New Gold Zone
9/29/2009& Royal Roads JV to Commence Drill Program
9/16/2009Options Claims in Heart of Timmins Gold Camp
9/14/2009& Royal Road Discover New Sulfide Zone
9/11/2009Coro Mining to strong buy
9/11/2009Joins the Agoracom 100
9/10/2009Coro Press Release Attached
9/2/2009Signs Final Agreement on Onion Lake Project
8/18/2009INVITATION - CIMM - Thunder Bay
8/6/2009Provides Exploration Update
8/4/2009Completes Sibley Option to Kennecott
7/23/2009Signs LOI
7/7/2009Gold Results
6/19/2009GREAT NEWS FROM BENTON!!
6/10/2009Completes Sale of Bamoose Land Package to Marathon
6/4/2009Provides Exploration Update
5/28/2009Coro Press Release
3/10/2009PROVIDES EXPLORATION UPDATE AND EVAULATES ADVANCED PROJECTS
2/24/2009Invitation
1/27/2009Acquires Significant Shareholding in Coro Mining Corp.
1/21/2009Invitation
12/23/2008to Acquire Significant Shareholding in Coro Mining Corp.
11/25/2008Board of Directors Approves Adoption of Shareholder Rights P...
11/24/2008ROYAL ROADS, AND GOLDEN DORY FORM NICKEL JOINT VENTURE
3/14/2008Acquires and Joint Ventures new Ni-Cu-Co property
3/13/2008 Completes Option and Joint Venture Agreement with Marathon
2/12/2008 and Pacific North West to jointly explore Swayze Greenstone...
1/28/2008and Marathon PGM join forces in Coldwell Complex
1/10/2008Resources Corp. (BTC) Acquires Past Producer
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (BTC.V)FRANKFURT (L3U.F)
0.060+9.09%0.136-4.90%
TSX-V
CA$ 0.060
04/29 15:54 0.010
9.09%
Prev close Open
0.055 0.050
Low High
0.050 0.060
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.060 -%
Volume 1 month var.
55,500 -%
24hGold TrendPower© : 11
Produces
Develops
Explores for Cobalt - Copper - Gold - Magnesium - Nickel - Palladium - Phosphate - Platinum - Titanium - Uranium
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
Last updated on : 1/23/2010
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.72-0.19%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 10.87-3.12%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.56+0.18%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.06-8.33%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.38-4.03%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 15.79-0.32%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.24+0.00%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.19+0.00%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 1.86+0.54%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 52.13+0.58%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+5.88%Trend Power :