{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Company Interviews","title":"Benton Resources (TSXV:BEX) - Raising Funds & Drilling Copper-Gold Project","html":"","width":"100%","height":180,"duration":1107,"description":"Interview with Stephen Stares, President & CEO of Benton Resources Inc.Our previous interview: https://www.cruxinvestor.com/posts/benton-resources-tsxvbex-cashed-up-to-prove-up-high-grade-copper-discovery-in-canada-5180Recording date: 6th August 2024Benton Resources Inc. is aggressively advancing its Great Burnt Lake copper-gold project in Newfoundland, positioning itself to capitalize on growing global demand for these metals. Despite challenging market conditions, the company is pushing forward with an extensive drilling program, reflecting management's confidence in the project's potential.CEO Stephen Stares recently outlined the company's progress and plans in an investor update. Benton has completed approximately 11,000 meters of drilling since November 2023 and aims to drill an additional 10,000-15,000 meters by the end of 2024. This ambitious exploration program is focused on expanding the known mineralization at the main Great Burnt deposit and testing new targets across their 25-kilometer land package.The company's exploration strategy leverages advanced techniques, including high-resolution ground magnetic surveys and detailed structural mapping. These methods are helping Benton target massive sulfide lenses containing high-grade copper and gold mineralization more effectively. Management believes this approach will lead to more efficient resource delineation and potentially significant new discoveries.While Benton has not yet published a formal resource estimate, Stares hinted at the project's potential scale, suggesting it could ultimately host \"a few million ounces of gold and hundreds of millions of pounds of copper\" at relatively shallow depths. The shallow nature of the mineralization is particularly noteworthy, as it could translate to favorable economics in a future mining scenario.To fund ongoing exploration, Benton is currently closing a flow-through financing round. The company is also transitioning towards working with brokerage firms and...","thumbnail_url":"https://img.transistorcdn.com/1wv-MFlQAgnm-ca64e5kK4984dZB0os8-HJdRVsI74M/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9zaG93/LzEzNTcyLzE2MjM5/NTQyMDctYXJ0d29y/ay5qcGc.webp","thumbnail_width":300,"thumbnail_height":300}