Benchmark Reveals Rich Deposits Along Lawyers Trend Mine

Benchmark Reveals Rich Deposits Along Lawyers Trend Mine

By: Tomas Ronolski - AllPennyStocks.com News

Monday, February 11, 2019

Markets the world over were catching their collective breaths on Monday, after holding those breaths over the weekend due to suspense involving the likelihood of a Sino-American Trade Deal.

But Edmonton-based miner Benchmark Metals Inc. (TSX-Venture:BNCH) was having none of the air of caution, revealing soon after trading started drill results from the Dukes Ridge Zone at the Lawyers Gold & Silver Project, located in the Golden Triangle region of British Columbia.

Drill-holes intersected wide, bulk-tonnage intervals of near one gram per ton  (g/t) gold equivalent and narrower intervals of high-grade gold-silver mineralization. The drilling has expanded the resource area and indicates that the mineralization is open along strike and down-dip.

CEO John Williamson commented, "The new drill results provide bulk tonnage drill intercepts that envelope high-grade gold-silver veins from surface. These results will significantly expand the overall size of the Dukes Ridge Zone that remains open for additional step-out drilling in 2019.

“This, in combination with results of previous and planned drilling at the Cliff Creek, Dukes Ridge and Phoenix mineralized zones, is leading to a significant increase in the existing estimate of mineral resources at the Lawyers Project.”

Shares spiked 4.5 cents, or 24.3%, as morning became afternoon on Monday, to 23 cents, on startling volume of 1.1 million shares.


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