Benton Resources announced that the Company has entered into a letter of intent (LOI) with Deloro Mining and Smelting to a option 100% interest in two mining patents and one mining claim located 5 km southeast of the city if Timmins along the prolific Dome-Aunor-Delnite mine trend. The property is situated 900 meters west and on strike of the 930,000 ounce past producing Delnite mine and is host to at least three separate bands of quartz-ankerite veining hosted within a package of strong carbonate altered and sheared mafic volcanic rocks containing pyrite and trace chalcopyrite.
Company Highlights Include:
- $15.2 Million in Cash
- 34% ownership Coro Mining Corp (COP.TSX)
- Ownership in Marathon PGM Corp (MAR.TSX)
- Currently drilling second phase diamond drill program on the Copper Hill Block A Property
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