This Benton Resources profile is part of a paid investor education campaign.
Overview
The prospect generator model has become one of the resource industry’s best strategies for minimizing risks associated with exploration-stage projects. With the intent to maximize rewards, this model combines diverse portfolios, strong partnerships and capital structures that reduce dilution. Because of this, investors get an opportunity to capitalize on some of the most prospective exploration and mining companies in the world under highly favorable conditions.
The prospect generator model is a unique take on exploration. Analysts point out that most of the value in prospective companies is the team’s intellectual capital and talents rather than its assets. With the right team, investors could see substantial returns and exposure to potential discoveries that some companies only dream of.
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Thunder Bay, Ontario (Newsfile Corp. - January 21, 2021) - Benton Resources Inc. (TSXV: BEX) ( Benton or the Company ) is pleased to announce it has received the second anniversary option payment of $25,000 from Rio Tinto Exploration Canada ( RTEC ) for Baril Lake West project (see PR: Benton Completes Option to Purchase Deal with Rio Tinto on Baril Lake Project, dated January 2, 2019). Baril Lake West is situated approximately 4km west of Benton s Bark Lake project, also under option to RTEC (see PR: Benton Options Bark Lake Cu-Ni-PGE Project to Rio Tinto, dated October 25, 2016), and immediately adjacent to RTEC s Baril Lake Project where RTEC discovered significant mineralization grading 4.78%Ni and 0.43% Cu over 2.08m in 2018 (Ontario ENDM Assessment File: 200000017073). These projects are approximately 100km west of the Escape Lake and TBN projects, along the major crustal-scale, east-west oriented, Quetico fault, in which the Escape Lake and TBN projects held by Clean Ai