Extensive Drill Program To Expand Existing Resources/Target New Gold-Silver Discoveries
EDMONTON - Benchmark Metals Inc. has commenced its property wide exploration program for 2021. The extensive program utilizes a proven methodology with a track record of success. Together with the scope and scale of this year's program, the Company anticipates its methodology could discover significant gold-silver ounces in satellite deposits across the largely underexplored 145 km2 land package. Benchmark's flagship Lawyers Gold-Silver Project is road accessible and located within the Golden Horseshoe area of north-central British Columbia, Canada.
John Williamson, CEO, said, "Benchmark well exceeded expectations with its current mineral resource estimate and sees near-term potential for the upcoming drill program to deliver significant gold-silver ounces at Lawyers in terms of both quantity and quality. Our exploration strategy dovetails exceptionally well with resource definition drilling as we continue to generate new drill targets. While many explorers in the Golden Horseshoe are planning 5,000 to 20,000 meter drill programs this year, Benchmark will drill at least 100,000 fully-funded meters."
Exploration program highlights: Up to 50,000 meters of exploratory diamond drilling including Marmot, Marmot East, Lala, Silver Pond, Guilfords Edge and a number of new targets, and Initial 10,000 meters planned at Marmot; Detailed ground magnetic surveys to delineate structures that potentially control or host mineralization, and 315 line kilometers planned in four different survey areas; Airborne VTEM geophysical and radiometric survey spanning the southern half of the project to identify EM and potassic anomalies associated with porphyry and epithermal mineralization, and 621 line kilometers at 100 meter spacing; Ground Induced Polarization (IP) surveys to delineate subsurface chargeability and resistivity anomalies that are associated with mineralization, and 66.5 line kilometers covering 5 km2 over three survey areas, including Marmot and extensions at Silver Pond; Extensive soil sampling surveys to expand and explore for new anomalies across the district scale land position, and 3000 samples planned covering 48 km2; Detailed geological mapping and prospecting is planned at over 15 prospective target areas, and Over 1000 rock grab, chip and channel samples will be collected within these prospective areas.