Benton Acquires Strategic Land Within Its Dominion Gold-Base Metal Project and Provides Update on Trenching Program

Benton Resources Inc. has acquired six claim units within its Dominion land package from Quest Inc. for $20,000 in cash and 400,000 common shares, pending exchange approval. The transaction includes a 2.5% Net Smelter Return (NSR) retained by the vendors, with an option to repurchase 1.5% for $1.5 million. An annual payment of $6,000 is scheduled to begin 48 months after the signing of the agreement.

Recent channel sampling at the Rickirb gold zone revealed high-grade intercepts reaching 30.53 g/t Au over 0.5 m, with the zone remaining open in all directions. New volcanogenic massive sulfide (VMS) discoveries were also identified at the Ellie, Bear, and Trinity zones. The Ellie zone showed grades up to 14.57% combined copper, lead, and zinc.

The company provided a progress update on the Great Burnt Project spin-out, confirming a planned $15.0 million value distribution to shareholders backed by a $10.0 million financing. Additionally, 159 channel sample results remain outstanding from the Ellie, Rickirb, and Quinlan zones.

Benton Resources Inc. (BEX) released a standard, low-cost expansion of an existing project alongside channel sampling results that continue the high-grade Rickirb zone announced on September 10, 2026. The update regarding the Great Burnt spin-out follows the July 27, 2026 announcement and does not introduce new capital or operational shifts.

The news validates the company's exploration strategy and corporate restructuring timeline but does not materially alter the near-term cash position or share count beyond previously disclosed dilution. No new financing was raised, and no major operational milestones, such as a drill program completion or resource update, were announced.

Benton Resources Inc. (TSXV: BEX) is a Canadian-owned junior exploration company focused on high-grade copper and gold projects in Newfoundland. Its flagship Great Burnt copper-gold project features a NI 43-101 indicated resource of 667,000 tonnes at 3.21% Cu and an inferred resource of 482,000 tonnes at 2.35% Cu. The South Pond gold-copper deposit adds significant upside with wide intercepts up to 74.20 m at 1.43 g/t Au.

The company is diversifying into the emerging natural hydrogen and helium sector through a 50/50 joint venture with Metals Creek Resources Corp., holding multiple prospective projects in Newfoundland's Deer Lake and Parson's Pond basins. Management, led by CEO Stephen Stares and IR Nicholas Konkin, emphasizes a generator model that blends discovery upside with capital discipline through equity stakes and NSR royalties.