Benton Transfers Golden Harp Block A to Mineral Mountain Resources for Significant Equity Position

THUNDER BAY, ONTARIO -- (Marketwire) -- 10/26/10 -- Benton Resources Corp ('Benton' or 'the Company') (TSX VENTURE: BTC) ('Benton' or 'the Company') and Mineral Mountain Resources Ltd. (TSX VENTURE: MMV) ('Mineral Mountain'), a public company based in Vancouver, British Columbia have signed a Letter of Intent dated October 25, 2010 (the 'LOI') which grants Mineral Mountain the exclusive option (the 'Mineral Mountain Option') to assume all of Benton's rights and obligations under the option agreement between Benton and Golden Harp Resources Inc. (TSX VENTURE: GHR) ('Golden Harp') (news release dated March 12, 2009) (the 'Golden Harp Option Agreement') relating to Golden Harp's. 145 sq. km Copper Hill Block A property (the 'property'). Under the terms set out in the Golden Harp Option Agreement, Benton is to pay Golden Harp $75,000 cash, issue Golden Harp 550,000 shares and spend a total of $2 million prior to March 2012 to earn a 60% interest in the Property and spend an additional $1 million by March 2014 to earn an additional 10% interest in the Property. To date, Benton has spent approximately $1.2 million, issued 300,000 shares and made cash payments to Golden Harp totalling $50,000.

The Copper Hill Block A gold property is strategically located 100 km south of Timmins, Ontario and 6 km due west of the new Minto gold discovery where, in a news release dated August 9, 2010, Creso Exploration Inc. (TSX VENTURE: CXT) reported three impressive high grade gold drill intersections of 82.5 metres of 13.3 grams per tonne Au, 65.7 metres of 18.2 grams per tonne Au and 79.6 metres of 4.61 grams per tonne Au (drill hole MC-09-01) in their 2009 drilling campaign.

For Mineral Mountain to exercise the Mineral Mountain Option it is required to grant to Benton a 1% NSR over the interest Mineral Mountain acquires in the Property and issue to Benton a total of eight (8) million common shares (approximately 17.2% of the current issued and outstanding common shares of Mineral Mountain) in the following tranches:

--   Share Issuances-
    --  4,000,000 common shares of Mineral Mountain on approval of this LOI
        by the TSX Venture Exchange;
    --  a further 2,000,000 common shares of Mineral Mountain within 12
        months of the Agreement.
    --  a further 2,000,000 common shares of Mineral Mountain within 18
        months of the Agreement.

Upon Mineral Mountain having met all the remaining option requirements and obligations as set out in the Golden Harp Option Agreement and having issued the 8 million common shares to Benton then Mineral Mountain will have earned an undivided 60% (or 70% if Mineral Mountain so elects under the terms of the Golden Harp Option Agreement) participating interest in the Property, subject to certain underlying NSR royalties applicable to certain claims comprising the Property plus the 1% NSR to be issued to Benton.

Once Mineral Mountain has earned its interest in the Property, (either a 60% interest or a 70% interest) Mineral Mountain and Golden Harp. will enter a joint venture for the further development of the Property with Mineral Mountain acting as the initial operator. In the event that either party's participating interest is reduced to 10%, its interest shall be converted to a 1% NSR over those claims comprising the Property that are not already subject to an NSR.

President and CEO Stephen Stares Comments 'this is an excellent opportunity for Benton and its shareholders to participate in both the Block A claims and Main Block claims of Golden Harp through the acquisition of Mineral Mountain shares without suffering any risk moving forward. The Main Block claims have excellent potential to host significant gold mineralization and includes the Golden Sylvia Gold Zone, a near surface bulk tonnage gold-rich iron formation, open in all directions. This deal will give Benton shareholders upside exposure to Mineral Mountain's large land position in the Shining Tree gold camp. We feel this is a beneficial situation for Benton's shareholders as Minerals Mountain's management has a proven track record with successful companies such as Rainy River Resources and we are delighted to be a major shareholder in their portfolio of projects.'

The Letter of Intent is subject to TSX Exchange approval.

Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The company currently has approximately $7 million in cash, owns 38.1 million shares and 19.1 million warrant in Coro Mining Corp (TSX: COP), holds 1.56 million shares in Marathon PGM Corp (TSX: MAR), holds 1.6 million shares in Puget Ventures (TSX VENTURE: PVS), holds 815,000 Bell Copper Corp (TSX VENTURE: BCU) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit. The company is also in the process spinning out its 100% Bermuda property to its share holders into a new company to be named Coldwell Copper Corp.

Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.

On behalf of the Board of Directors of Benton Resources Corp.

Stephen Stares, President

Forward-looking statements in this release are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform act of 1995. Investors are cautioned that such forward-looking statements involve risks and uncertainties.

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Contacts:

Benton Resources Corp.

Stephen Stares

(807)475-7474

(807)475-7200 (FAX)
www.bentonresources.ca


Investor Relations

Clair Calvert

204-799-2086