Benton Continues to Deliver High-Grade Gold Results at Great Burnt, Including 31.35 g/t from New Surface Sampling

Executive Summary

• Surface prospecting at the Great Burnt Project returned exceptionally high gold assays up to 31.35 g/t Au, indicating a potential northern extension of the previously announced NGB target zone.
• The newly defined mineralized zone now spans >280 m strike length and remains open to the north, with multiple samples exceeding 1.0 g/t Au.
• Benton filed for final TSX‑V approval of its $0.055 Unit private placement, targeting gross proceeds of $1,980,011 (2,627,272 Units) to fund Newfoundland projects and working capital.

Key Details

• Surface Sampling Results
• Bedrock samples: 31.35 g/t Au, 4.57 g/t Au, 2.56 g/t Au, 1.19 g/t Au.
• Additional grab samples from the trend returned > 1.0 g/t Au.
• Historical Drill Context
• GB‑25‑63: 5.46 g/t Au & 0.35% Cu over 2.75 m; 2.16 g/t Au & 1.09% Cu over 3.00 m.
• GB‑25‑59: 2.15 g/t Au & 1.09% Cu over 3.00 m (located 50 m south).
• Geological Setting
• Silicified mafic volcanic unit with breccia, pyrrhotite and chalcopyrite mineralization up to 5 m width; historically under‑explored.
• Planned Follow‑up Work
• Immediate northward prospecting, soil sampling, trenching, and continuation of the current drill campaign on both the NGB target and South Pond area.
• Private Placement Financing (Final Tranche)
• Units: 2,627,272 Units @ $0.055 each = $1,980,011 gross proceeds.
• Each Unit includes one common share + one warrant (right to purchase an additional share at $0.10 for 5 years).
• Total units outstanding after this tranche: 36,000,182 Units.
• Use of proceeds: advance Newfoundland projects and general working capital.
• Securities subject to a four‑month hold period; closing pending TSX‑V final approval.
• Qualified Person
• Stephen House, P.Geo., VP Exploration, has signed off on the scientific and technical disclosure per NI 43‑101.

Notable Quotes

“The high‑grade gold results from surface prospecting reinforce our confidence that the Great Burnt Project hosts a significant northern extension of mineralization,” – Stephen Stares, President & CEO.