Source: Benchmark Metals
  • Benchmark Metals(BNCH) has filed its inaugural baseline preliminary economic assessment (PEA) to SEDAR
  • The final NI 43-101 technical report has provided some enhanced metrics over the initial results published on August 16, 2022
  • The 100-per-cent-owned Lawyers Gold-Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia
  • The PEA presents a robust open pit mining operation with attractive economics that has the potential for additional gold-silver ounces and improved economics through facility design adjustments
  • Benchmark Metals Inc. is a Canadian-based gold and silver company
  • Benchmark Metals Inc. was down 1.316 per cent, trading at $0.375 at 1:42 PM ET

Benchmark Metals (BNCH) has filed its inaugural baseline preliminary economic assessment (PEA) to SEDAR.

The final NI 43-101 technical report has provided some enhanced metrics over the initial results published on August 16, 2022.

The 100-per-cent-owned Lawyers Gold-Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada.

The PEA presents a robust open pit mining operation with a base case, attractive economics that has the potential for additional gold-silver ounces and improved economics through facility design adjustments.

“The PEA was based on open pitable resources only, we see opportunities to add higher-grade ounces below the pits through underground mining methods that could be accessed in parallel to surface mining operations,” said John Williamson, CEO.

“A significant number of underground ounces are clearly demonstrated by existing drill results defined to the Indicated and Inferred category, and the project has potential for more ounces and improved economics,” he added.

Results from samples were analyzed at ALS Global Laboratories (Geochemistry Division) in Vancouver, Canada (an ISO/IEC 17025:2017 accredited facility).

In addition, the company has granted incentive stock options to new directors to purchase up to one million common shares exercisable over a five-year period at a price of $0.42 per share.

Benchmark Metals Inc. is a Canadian-based gold and silver company advancing its 100-per-cent-owned Lawyer’s Gold-Silver Project located in the prolific Golden Horseshoe of northern British Columbia, Canada.

Benchmark Metals Inc. was down 1.316 per cent, trading at $0.375 at 1:42 PM ET.


More From The Market Online

Microcap rare earths stock sees positive sampling results

Defense Metals Corp. (TSXV:DEFN) receives positive results from Ucore Rare Metals (TSXV:UCU) on its Wicheeda rare earth carbonate sample.

Pan American Energy reveals results from Big Mack project

Pan American Energy (CSE:PNRG) reveals assay results from its 2023-2024 diamond drill project at the Big Mack Lithium Project in Ontario.
Mandalay Resources - Mandalay's Björkdal gold mine in Sweden.

This profitable gold stock is on its way up

An attractive stock to consider under a gold-equity dislocation thesis is Mandalay Resources, whose mines are profitable and 100%-owned.

Adyton to recommence work at its Feni Island Project

Adyton Resources (TSXV:ADY) gears up to restart work activities at its Feni Island Gold-Copper Project in Papua New Guinea.