Benchmark Metals Inc.

Benchmark Metals Inc. is pleased to announce that it has closed the first tranche of its previously announced private placement of flow-through shares and units by multiple closings on September 23rd and 27th, 2019, non-brokered and brokered, respectively. A total of 1,407,500 FT Shares were sold at an offering price of $0.40 per FT Share and 18,333,334 Units were sold at an offering price of $0.30 per Unit to raise [...]

Benchmark Metals Inc. - Benchmark is pleased to report the first drill hole result from the Amethyst Gold Breccia Zone. Drilling intersected 2.79 g/t gold and 177 g/t silver over 25 metres core length including 5.37 g/t gold and 214 g/t silver over 7 metres core length and 10.02 g/t gold and 654 g/t silver over 2.1 metres core length in 19AGBDD001 . Based on Benchmark's results and historical data, the AGB Zone [...]

Benchmark Metals Inc. is pleased to announce that, further to the Company's press release dated August 14, 2019, Benchmark has closed its business combination with PPM Phoenix Precious Metals Corp. , thereby completing the acquisition of a 100% interest in the Lawyers Gold-Silver Property , which is situated in the Stikine Terrane of northern British Columbia, Canada, within the prolific, mineral-endowed 'Golden [...]

Benchmark Metals Inc. - is pleased to announce that it has entered into an agreement with Sprott Capital Partners LP to act as lead agent on its own behalf and, if applicable, on behalf of a syndicate of agents , in connection with a best efforts brokered private placement to raise gross proceeds of up to $7,500,000 . The Offering will consist of a combination of: up to 18,333,334 units at an offering price of $0.30 [...]

Benchmark Metals Inc. - Benchmark is pleased to report the mobilization of a second diamond drill rig to test and potentially expand the discovery of widespread intense alteration, multiphase veining and mineralization at the central resource area of the Lawyers Trend. The success of the ongoing 2019 field and drilling programs has provided a more thorough understanding of the regional geology, presenting a major [...]

Benchmark Metals Inc. is pleased to report early drilling success at the southern extent of the Cliff Creek resource area along the Lawyers Trend. Eleven holes have intersected significant widths of intense alteration and multiphase veining across a +1 kilometre strike length. The most recently completed hole at the CCS zone exhibits 140 metres core length with alteration and multiphase veining. The Lawyers Project [...]

Benchmark Metals Inc. - Benchmark is pleased to report the first drill hole result at the Lawyers Trend . Drilling has intersected 11.73 g/t gold and 476 g/t silver over 4.4 metres core length and within a wider zone grading 2.19 g/t gold and 85.36 g/t silver over 26.75 metres core length in drill hole 19CCDD001. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls [...]

Benchmark Metals Inc. - is pleased to announce that it has reached a definitive agreement to acquire a 100% interest in the Lawyers Gold-Silver Property pursuant to a share exchange agreement that contemplates a proposed business combination with PPM Phoenix Precious Metals Corp. . As a result, PPM will become a wholly-owned, debt-free subsidiary of Benchmark, holding a 100% interest in the Lawyers Property, which is [...]

Benchmark Metals Inc. - is pleased to report the results of a successful ground geophysical program indicating a number of new target geophysical signatures and the potential for expansion of existing target zones along the highly prospective regional-scale 20 km Lawyers Trend situated in the Stikine Terrane of northern British Columbia, Canada, within the prolific, mineral-endowed 'Golden Horseshoe'. John [...]

Benchmark Metals Inc. - Benchmark is pleased to report successful drilling progress from the initial 6 drill holes at the Lawyers Trend . Drilling has intersected multi-metre mineralized intercepts in the initial phase of the 2019 program. Five of the holes have returned 2-3 discrete mineralized intercepts within the same hole ranging from 1 to 46 metres in length. The mineralization at Cliff Creek is typified by [...]