Benchmark Metals Inc (CVE:BNCH) (OTCQX:BNCHF) reported more encouraging results from the Cliff Creek zone at its flagship Lawyers gold and silver project in British Columbia, showing the mineralization remains strong and open at depth.
So far, 60,000 metres (m) of drilling has been completed as part of a planned program of up to 100,000m this year and strong grades have been encountered from surface to a vertical depth of over 300m.
Latest assays include 30.63m of 2.05 grams per tonne (g/t) gold and 107.07 g/t silver or 3.39 g/t gold equivalent in one hole, and 45.86m of 1.17 g/t gold and 30.06 g/t silver in another.
"The results at the Cliff Creek area are showing broad higher-grade zones of previously unrecognized mineralization at depth and as a result, will likely positively impact our maiden mineral resource estimate in Q1 2021," said John Williamson, Benchmark's chief executive, in a statement.
"As our geological team continues to build its understanding of the Cliff Creek mineralization, we continue to discover extensive mineralization with successful modelling and drill targeting. We are applying the same principles of systematic exploration and geological interpretation to other zones in anticipation of the same impressive results."
The Cliff Creek Zone is currently the largest mineralized area on the Lawyers project, extending for over 1.2 kilometres on-strike with mineralization beginning at surface.
Here, the firm has already defined a bulk-tonnage target in the range of 1.68 to 1.92 million ounces (Moz) of gold equivalent at an average grade ranging from 1.71-1.73 g/t gold equivalent.
Benchmark is focused on developing the substantial resource potential of the Lawyers asset, which sits in the prolific Golden Horseshoe of northern British Columbia.
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