Benchmark Metals Drills 51.74 Metres of 3.71 g/t Gold Equivalent at the Dukes Ridge Deposit

Benchmark Metals Drills 51.74 Metres of 3.71 g/t Gold Equivalent at the Dukes Ridge Deposit - RICH TV LIVE - April 7, 2022 - #benchmarkmetals #gold #richtvlive #silver #stocks #trading #business #news #finance #richtv #richtvlive #richpicksdaily #money

Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce new results from infill and expansion drilling at the Dukes Ridge Deposit, highlighted by 51.74 metres (m) core length of 2.11 grams per tonne (g/t) gold and 127.86 g/t silver or 3.71 g/t gold equivalent (AuEq)*, including 13.74 m of 6.43 g/t gold and 378.59 g/t silver or 11.16 g/t AuEq in drill hole 22DRDD003 (Figure 1). The latest drilling from Dukes Ridge continues to validate the similarities between the Dukes Ridge and Cliff Creek mineralizing systems, with strong continuity of broad zones of mineralization enveloping high-grade plunging shoots both within and outside of the modelled 2021 pit shell (Figure 2). The latest results have extended mineralization to 40 metres below the existing pit shell, over 250 metres vertical depth from surface (Figure 3). Relative to the AGB and Cliffs Creek deposits there has been little drilling at Dukes Ridge which would suggest significant expansion potential remains along-strike and to depth. The plunging high-grade mineralization is starting to resemble that of the Cliff Creek North and South zones as more drilling is completed, and new results from the 2022 spring drilling campaign will be incorporated into the upcoming Mineral Resource Estimate (MRE). Benchmark's flagship Lawyers Gold-Silver Project is located within a road accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.

John Williamson, CEO, commented, "There is significant opportunity to increase gold and silver ounces on-strike and to depth with additional shallow drilling in an area with minimal historical drilling at Dukes Ridge. Dukes is the smallest of the three deposits but has strong growth potential with additional drilling given the new results and its growing similarities to Cliff Creek Deposit. The continuity of high-grade and bulk-tonnage mineralization below the existing pit-shell is expected to contribute more gold and silver ounces to the project, and we look forward to the updated Mineral Resource Estimate that will include the latest results from Dukes Ridge."

Highlights

Targeted drilling of plunging high-grade mineralization below the 2021 MRE pit-shell has yielded 13.74 m of 6.43 g/t Au and 378.59 g/t Ag, or 11.16 g/t AuEq, within a broader interval grading 2.11 g/t Au and 127.86 g/t Ag, or 3.71 g/t AuEq over 51.74 metres in hole 22DRDD003.
Infill drilling of extensive zones of bulk-tonnage mineralization beginning near surface in the north-central portion of Dukes Ridge, including 91.44 m of 0.56 g/t Au and 19.53 g/t Ag or 0.80 g/t AuEq with 13.72 m of 1.43 g/t Au and 67.76 g/t Ag or 2.28 g/t AuEq in hole 22DRDD007.
These results confirm the validity and accuracy of geological modeling, with planned holes intersecting strong mineralization where expected.

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