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Benchmark Metals Discovers New Zone at Cliff Creek a

Mining News - Published on Fri, 10 Jan 2020

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Benchmark Metals Inc has reported the discovery of a significant, new and broadly mineralized zone, located just 50 metres east of the known mineralization at Cliff Creek. Results from Benchmark's drill hole 19CCDD025 include high-grade and bulk-tonnage intercepts comprising 2.09 g/t gold and 87.83 g/t silver or 3.19 g/t AuEq across 36.30 metres core length, including 11.83 g/t gold and 513.21 g/t silver or 18.24 g/t AuEq across 3.23 metres core length. Benchmark Metals CEO Mr John Williamson said "The discovery of this broad, new zone of both high-grade and bulk-tonnage mineralization is highly encouraging as it could represent a parallel footwall structure to the main Cliff Creek zone, or the northern extension of the Dukes Ridge structure where it coalesces with Cliff Creek. Either scenario represents a major opportunity for Benchmark to pursue with further exploration in 2020. Benchmark's continued drilling success underscores the potential for further discovery and delineation of additional mineralized zones within the vast regions of alteration that exist across the 22,000 hectares of its relatively underexplored Lawyers Property".

Drill hole 19CCDD025 was designed to test shallow mineralization in the upper region of the Cliff Creek main zone. The main zone was intersected between 15 and 39 metres, including a 2.86m void related to underground workings. The zone included high-grade intervals within a broad zone of bulk-tonnage mineralization hosted in the hanging-wall of a steeply northwest dipping fault, typical of the Cliff Creek zone. The hole was continued based upon indications of mineralization and alteration in the footwall of the fault. This resulted in the discovery of a second, deeper easterly zone which yielded both high-grade and bulk-tonnage style mineralization starting at 122 metres depth. This deeper zone is also associated with a major fault dipping steeply to the northwest, providing a parallel structural corridor for fluid flow and mineralization. The mineralization occurs in a multi-phase hydrothermal breccia which contains fine grained sulfosalts, native silver, and is associated with strong potassic alteration and faulting. This new zone is estimated to be within 50 metres of historical underground workings yet was not discovered by historical drilling. Extending this new zone will be a focus for the 2020 exploration program.

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Posted By : Rabi Wangkhem on Fri, 10 Jan 2020
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