Interview with Stephen Stares, President & CEO of Benton Resources Inc.

Recording date: 22nd December 2023

Benton Resources is a Canadian exploration company focused on advancing its high-grade Great Burnt copper-gold project in Newfoundland, Canada. CEO Steven Stares has 17 years experience in the mining industry and comes from a family of prospectors and mining executives. He believes Great Burnt could become a substantial resource.

Benton recently optioned Great Burnt from Spruce Ridge Resources. Benton will earn a 70% interest by spending $2.5 million over 20 months, with the potential to earn 100% interest if Spruce Ridge does not participate in funding. Historical drilling in the 1960s-70s was inaccurate due to poor recoveries. Recent drilling by Spruce Ridge and Benton has uncovered significantly higher grades and widths than previously reported. Multiple zones are open along strike and at depth, with robust exploration potential across the 15km belt.

Benton recently completed 6,000 meters of drilling at Great Burnt, delivering exceptional high-grade copper and gold intercepts. This prompted strong share price performance and a recent $3.5 million financing. A 40,000 meter drill program is planned for 2024 to expand resources. Additional mapping, geophysics, and trenching will aid targeting. The deposit has excellent infrastructure nearby, with a major power dam and port access.

Benton also has early-stage projects in lithium and platinum group elements (PGEs). Its Newfoundland lithium project is being advanced in partnership with Piedmont Lithium. Benton's 24% stake in Clean Air Metals offers PGE optionality at the Thunder Bay North Project.

In summary, Benton's focus is advancing the large-scale potential of its Great Burnt copper-gold discovery through aggressive exploration. The company is well-financed, tightly held, and leveraged to drilling success. The CEO has reiterated his confidence that Great Burnt will become Benton's flagship asset as it works towards delineating a substantial mineral resource.

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View Benton Resources' company profile: https://www.cruxinvestor.com/companies/benton-resources-inc

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