Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) has identified wide intersections of mineralisation in new results from infill and expansion drilling at the AGB Deposit within the flagship Lawyers Gold-Silver Project, British Columbia, Canada.
Highlights hits include 95.55 metres (m) core length of 3.14 grams per tonne (g/t) gold and 59.85 g/t silver or 3.89 g/t gold equivalent (AuEq) in drill hole 21AGBDD045.
The company reports 22 drill holes that will positively impact the updated Mineral Resource Estimate (MRE) to be completed during the first half of 2022.
CEO, John Williamson, said the new results have provided infill continuity and expansion drill intercepts that continue to grow the AGB area in scope and scale.
“Drilling at the AGB Deposit continues to return significant gold and silver intercepts at the surface and to depth. Areas around the historical stopes provide high-grade gold and silver that are all within 200 vertical metres from the surface.
“New drilling is providing the potential to add significant gold-silver ounces in an area where mineralisation begins at surface.”
The AGB Deposit extends >650 m in strike-length and remains open in all directions, displaying both bulk tonnage and high-grade mineralisation from the surface. The 2021 drill program is providing potential to add near-surface, open-pittable gold and silver ounces to the AGB Deposit in addition to defining an emerging broad zone of strong mineralisation at the southernmost extent.
Recent infill and expansion drilling at depth and along strike of the current zone dimensions has the potential to increase the MRE tonnage of the pit shell design.
High-Grade and Bulk Tonnage Drill-Hole Highlights
- 21AGBDD045 – 95.55 metres at 3.14 g/t gold, 59.85 g/t silver and 3.89 g/t AuEq; Including – 7.00 metres at 36.20 g/t gold, 275.83 g/t silver and 39.65 g/t AuEq
- 21AGBDD0039 – 41 metres at 1.88 g/t gold, 122.63 g/t silver and 3.41 g/t AuE; Including – 5.10 metres at 10.61 g/t gold, 651.31 g/t silver and 18.75 g/t AuEq
Drill holes 21AGBDD045 and 21AGBDD039 intersected a mineralised zone on the eastern flank of the central AGB Deposit, providing additional higher-grade gold and silver mineralisation around historical stopes.
results emphasize the significant near-surface high-grade mineralization that remains at AGB, with the potential to expand the pit shell design to the east and to depth.
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