Edmonton – January 31th 2020 – Benchmark Metals Inc. (the “Company” or “Benchmark“) (TSX-V: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) – is pleased to report drilling success at the Cliff Creek South Zone which extends the Cliff Creek Resource Area to more than 1 kilometre along strike. Intersections include along-strike and down-dip extension of both broad bulk-tonnage and high-grade mineralization. Drill hole 19CCDD010 intersected 1.16 g/t gold and 22.24 g/t silver or 1.44 g/t AuEq across 102.00 metres core length, including 6.28 g/t gold and 60.42 g/t silver or 7.04 g/t AuEq across 8.02 metres core length. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral endowed ‘Golden Horseshoe’.
John Williamson, CEO commented, “The Cliff Creek South zone is providing the grade, consistency, and continuity of gold and silver mineralization that we have also recognized at the main Cliff Creek zone. This new zone will be a focus of 2020 expansion and definition drilling.”
The Cliff Creek South (CCS) Zone lies approximately 1 kilometre south of the Cliff Creek resource area, within the same structural corridor that is coincident with a major NW trending magnetic anomaly (Figure 1). Benchmark’s first drill program at CCS intersected intense alteration, multi-phase veining, and several re-activated fault zones, over intervals up to 140 metres in core length. Seven out of the eight drill holes in the CCS area intersected significant mineralization (Table 1), which remains open along strike and at depth. The alteration, veining and structure at CCS is similar to the Cliff Creek resource area, where we see multiple mineralized zones occurring subparallel to the major mineralized NW trending fault. These similarities suggest that CCS has potential for additional parallel lodes, which will be a focus for 2020 exploration.
Table #1 –2019 Cliff Creek South Drill Results.
|Hole||From (m)||To (m)||Gold (g/t)||Silver (g/t)||*AuEq (g/t)||Interval**|
|19CCDD008||No significant results|
*using an 80 to1 ratio of silver to gold $/oz
**Intervals are core-length. True width is estimated between 80 to 90% of core length.
Figure 1: Plan view map of CC and CCS with drillholes and magnetics
Figure 2: Cross-section of 19CCDD010
Quality Assurance and Control
Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO 9001:2008 accredited facility). The sampling program was undertaken by Company personnel under the direction of Rob L’Heureux, P.Geol. A secure chain of custody is maintained in transporting and storing of all samples. Gold was assayed using a fire assay with atomic emission spectrometry and gravimetric finish when required (+10 g/t Au). Analysis by four acid digestion with 48 element ICP-MS analysis was conducted on all samples with silver and base metal over- limits being re-analyzed by atomic absorption or emission spectrometry. Rock chip samples from outcrop/bedrock are selective by nature and may not be representative of the mineralization hosted on the project.
The technical content of this news release has been reviewed and approved by Michael Dufresne, P.Geol., P.Geo., a qualified person as defined by National Instrument 43-101.
About Benchmark Metals Inc.
Benchmark is a Canadian mineral exploration company with its common shares listed for trading on the TSX Venture Exchange in Canada, the OTCQB Venture Market in the United States, and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.
ON BEHALF OF THE BOARD OF DIRECTORS
s/ “John Williamson”
John Williamson, Chief Executive Officer
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