Benchmark Metals Expands Cliff Creek South Area

Benchmark Metals Inc announced new drill results from the Cliff Creek zone where we have defined gold-silver mineralization from surface over a 1.2 kilometre strike
Benchmark Metals Expands Cliff Creek South Area
Benchmark Metals

length, up to 200 metres width that extends to a vertical depth exceeding 550 metres. The volume expansion has the potential to positively impact the new mineral resource estimate expected in Q1 2021. Benchmark's flagship Lawyers Gold-Silver Project is located in a road accessible area of the Golden Horseshoe in north-central British Columbia in Canada. John Williamson, CEO, commented, "Infill drilling at the south end of Cliff Creek has generated significant, long intersections of gold-silver mineralization. This area is providing multiple new benefits that include more gold and silver than anticipated and at higher grades. Drilling in the southern end is providing substantial continuity and extending gold-silver mineralization to greater depths. Our current drill density of between 15-35 metres, averaging 20 metres, is significantly increasing the confidence level of our new mineral resource estimate expected in early 2021."

New drill results from the southern extent of the Cliff Creek zone returned broad zones of mineralization including 128.10 metres (m) of 1.65 grams per tonne (g/t) gold and 110.02 g/t silver or 3.02 g/t gold equivalent* (AuEq). In addition, a drill-hole located 100 m to the north yielded 221.53 m of 0.82 g/t gold and 15.16 g/t silver or 1.01 g/t gold AuEq. Drilling at the southern end has significantly expanded mineralization at Cliff Creek with broad gold-silver mineralization up to 200 m estimated true-thickness.

Cliff Creek South Highlights

Drilling continues to intersect strong zones of mineralization along the entire 1.2 km strike extent of the Cliff Creek zone with these new results highlighting the significant resource building potential of the southern extent.

These new results have:

Intersected the broadest zones of mineralization to date on the Lawyers Project;

Continued to extend mineralization to >300 m depth;

Demonstrated a strengthening gold system in places at depth; and

Characteristics similar to the mineralization across all the resource zones with both bulk tonnage and high-grade mineralization intersected in multiple holes

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