Northwire Canada EditionThursday, November 12, 2026
Northwire
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Gold 3,880.80 −3.0% Silver 49.94 −4.0% Copper 6.19 −1.6% Oil 89.07 +2.9% Palladium 991.50 −5.2% BGF 0.025 +0.0% TDG 0.750 +53.1% PRU 6.09 −3.3% NGEX 21.17 −4.5% TWO 0.340 −8.1% BIG 1.05 +10.5% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.347 −3.5% Gold 3,880.80 −3.0% Silver 49.94 −4.0% Copper 6.19 −1.6% Oil 89.07 +2.9% Palladium 991.50 −5.2% BGF 0.025 +0.0% TDG 0.750 +53.1% PRU 6.09 −3.3% NGEX 21.17 −4.5% TWO 0.340 −8.1% BIG 1.05 +10.5% VCG 1.06 −3.6% SCD 0.145 +0.0% GAL 0.370 −0.7% SAG 0.620 −6.1% VIZ 0.195 +0.0% SAGA 0.375 −6.2% ZEN 0.530 −3.6% GDP 0.230 +0.0% PDN 8.41 +0.0% FL 0.347 −3.5%
Technical Study

Benton Receives Positive Metallurgical Results from South Pond with Gold Recoveries up to 88.4%

Metallurgy Validates South Pond Potential as Warrant Overhang Caps Near-Term Upside

Executive Summary

The news release dated January 14, 2026, reports preliminary metallurgical test results for the South Pond Gold-Copper Deposit in Newfoundland. Testing conducted by SGS Canada Inc. on a composite sample yielded gold recoveries of up to 88.4% using standard bottle-roll cyanidation. The company also highlighted historical copper recoveries of 94.7% at the nearby Great Burnt Copper Deposit. This news follows a year of aggressive drilling in 2025 (26,637 metres completed) which expanded the Great Burnt strike length to 950m and identified a 2.7km wide mineralized trend at South Pond.

Material Impact

The impact of this news is Routine - Positive. While 88.4% gold recovery is a strong baseline for an exploration-stage project, these results are preliminary and laboratory-scale. - De-risking: The results confirm that the gold is amenable to standard processing, reducing the risk of "refractory" ore issues that often plague gold discoveries. - Resource Development: These results are necessary for a future PEA (Preliminary Economic Assessment) but do not immediately increase the known mineral resource. - Contextual Strength: When viewed alongside the high-grade copper at Great Burnt (3.21% Cu Indicated), the South Pond metallurgy suggests the company could potentially develop a multi-commodity hub. However, the market reaction has been muted, likely because "assays pending" from the late 2025 drilling remain the more significant potential catalyst.

BEX · Price
Company Overview

Benton Resources is a Canadian project generator focused on the Great Burnt Copper-Gold Project in central Newfoundland. - Flagship: Great Burnt Copper Deposit. - Current Resource: 667,000 tonnes at 3.21% Cu (Indicated) and 482,000 tonnes at 2.35% Cu (Inferred). - Secondary Target: South Pond Gold-Copper Zone, which has a 2.7km strike length and has returned wide intercepts such as 74.2m of 1.43 g/t Au. - Strategic Model: The company operates as a project generator, holding equity positions and NSR royalties in several other projects (e.g., Clean Air Metals, Vinland Lithium).

Read the original news release →

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