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Benton Resources Corp.: Benton Options Claims in Heart of Timmins Gold Camp

^{Published on 2009-09-16 10:24:50 - Market Wire}
 

THUNDER BAY, ONTARIO--(Marketwire - Sept. 16, 2009) - Benton Resources Corp (TSX VENTURE:BTC) ("Benton" or "the Company") is pleased to announce 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.

Records indicate that the property has not been worked since the late 1930's and there is no record of any diamond drilling on the claims. Known historic work includes the sinking of a 125 foot shaft on the south quartz vein system and trenching and pitting of quartz veins on the south and Hennessey (central) vein systems. Reports dated 1913 (Dobbs) and 1939 (B.S.W. Buffam) report grab samples from the south zone returning up to 0.75 ounces per ton (opt) gold (Au) over an average thickness of 4 feet from the south zone and values of up to 2.3 opt Au from the Hennessey zone. A third quartz vein system hosted within a strong carbonate altered shear zone cuts through the northern part of the property and is believed to represent the west extension of the Aunor-Delnite mine trend. Although there are no records of work performed on this zone within the claims, a hole drilled immediately east of the east claim boundary of ME43 returned 0.085 opt Au over 40 feet including 0.26 opt Au over 5 feet and 0.16 opt Au over 5 feet (drill hole #5, Jasper Porcupine Mines, 1939). All information was obtained from MNDM assessment files and the Company believes the information is relevant and is presented for information purposes only but is historical and should not be relied upon. Representatives from the Company have visited the property and can confirm the existence of the three vein systems. Visible gold was noted in blast rock samples near the old shaft. Several samples were collected and sent for assay but results have not yet been received.

A map and pictures will be posted on the Company's website shortly showing the location and pictures of some of the pits. The agreement is subject to a 30 day due diligence period by the Company and regulatory approval of the TSX venture exchange. Under the terms of the LOI the Company must pay $60,000 in cash and 400,000 shares of the Company on signing of the formal agreement and a further 1.1 million shares within 24 months. If the Company is satisfied with its due diligence it will begin an aggressive program including stripping, mapping and diamond drilling as soon as a formal agreement as been signed.

Company President and CEO Stephen Stares comments "this is a very exciting opportunity for Benton and its shareholders as it is very challenging to secure a land position in such a strategic location along strike from several multimillion ounce producers. We look forward to aggressively exploring this very exciting and historically under-explored portion of the Timmins gold camp."

Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The Company currently has approximately $15.3 million in cash, owns a 34.3% interest in Coro Mining Corp (TSX:COP), holds an approximate 5% interest in Marathon PGM Corp (TSX:MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.

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, President

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.

INVESTOR COMMUNICATIONS:

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