Benton Trenching Program in Progress at Dominion Project and Discovers New Gold Zone at Stoney Caldera
Benton’s Dominion trenching expands the Great Burnt gold footprint as the spinout advances toward its November closing.
Benton Resources Inc. (BEX) has completed trenching at its Dominion Project, exposing the Rickirb gold zone over an intermittent strike length of 210 meters. Channel sampling is currently underway, with grab samples returning up to 6.41 g/t Au. The company also identified new gold zones at Bear #3, which returned up to 10.8 g/t Au, and the Trinity Base Metal Zone, which returned up to 14.6% Zn, 1.31% Pb, and 2.53% Cu.
At the Stoney Caldera Project, a new potential gold horizon known as the Reid Zone was traced over 600 meters, with grab samples returning up to 2.01 g/t Au. Meanwhile, the planned spinout of the Great Burnt Copper-Gold project into Silverback Metals Corp. is progressing, with financial carveouts and technical reports currently underway. A comprehensive update on this matter is expected within weeks. Additionally, hydrogen-helium soil gas sampling at the Smoking Gun and Parson's Pond projects was completed on August 18, with results expected shortly.
Benton Resources Inc. (BEX) released an incremental exploration update on its Dominion and Stoney Caldera projects, aligning with the company’s stated summer field program. The announcement also detailed progress on a spinout initiative, a direct follow-up to the July 2026 disclosure that targeted a November closing. No new financing or major operational shifts were disclosed in the release.
Benton Resources Inc. (BEX) is a junior exploration company focused on high-grade copper and gold projects in Newfoundland, Canada. Its flagship asset is the Great Burnt Copper-Gold Project, which hosts an indicated resource of 667,000 tonnes at 3.21% Cu and an inferred resource of 482,000 tonnes at 2.35% Cu.
The company’s portfolio also includes the Dominion Lake Project, which features volcanogenic massive sulfide and gold deposits, as well as the South Pond Gold-Copper Zone and the Stoney Caldera. Additionally, Benton Resources holds a 50/50 joint venture with Metals Creek Resources for natural hydrogen and helium exploration. The company is pursuing a generator model, retaining equity stakes and NSR royalties while advancing projects through joint ventures and spinouts.