Benton Resources, Inc.
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Company Description
- CEO
- Stephen A. Stares
- Full Time Employees
- - -
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 176-1100 Memorial Avenue Thunder Bay ON Canada P7B 4A3
- IPO Date
- Aug 1, 2012
- Website
- bentonresources.ca
- Similar Companies
- Business
- Benton Resources Inc. (BEX.V) is a Canadian mineral exploration company focused on the discovery and development of high-grade gold, silver, copper, and other base metal deposits in underexplored regions of Ontario and British Columbia. The company offers exploration services including geological mapping, geophysical surveys, diamond drilling programs, and resource estimation for its portfolio of projects such as the Great Burnt copper-gold project, the Viking gold project, the Copper Duke copper-gold project, and the Bend Nickel project; it also provides joint venture opportunities and property option agreements to strategic partners in the mining sector. Founded in 2011 and headquartered in Vancouver, Canada, Benton Resources operates primarily in Canada, targeting junior mining investors, institutional funds, and industry partners interested in early-stage exploration assets with significant upside potential. In the past two years, the company has advanced key projects through aggressive drilling campaigns at Great Burnt, where recent assays confirmed high-grade copper-gold mineralization leading to an expanded resource model, and at Viking, where 2024 exploration identified multiple gold zones prompting additional staking. Benton Resources completed a major financing round in late 2024 raising over CAD 2 million for Phase II drilling at Great Burnt and entered a strategic alliance with Sokoman Minerals Corp. for shared exploration data in Newfoundland, enhancing its land package by 50 square kilometers. These developments, alongside a corporate reorganization to streamline project management and a name consideration for rebranding to reflect its multi-commodity focus, position the company for potential production spin-outs or takeovers amid rising commodity prices.
Company News
Benton Resources Announces Grant of Stock Options
Benton Makes Second High-Grade Gold Discovery of 37.87 g/t Au at the Quinlan Zone and Discovers Visible Gold Assaying 79.1 g/t Au at the Rickirb Zone, Dominion Project
Benton Discovers High-Grade Gold at the Dominion Project with Assays up to 30.53 g/t Au in Channel Sampling
Benton Trenching Program in Progress at Dominion Project and Discovers New Gold Zone at Stoney Caldera
Benton Plans to Spin Out Great Burnt Copper-Gold Project to Shareholders for $15.0 M Valuation in Conjunction with Concurrent $10.0 M Financing
Benton Acquires Additional Land at its Dominion Lake Project and Commences Summer Exploration
Metals Creek and Benton Hire Expert Rudy Willick to Complete Hydrogen-Helium Gas Sampling at Smoking Gun and Parson's Pond in Newfoundland
Benton and Metals Creek Hire Expert Rudy Willick to Complete Hydrogen-Helium Gas Sampling at Smoking Gun and Parson's Pond in Newfoundland
Benton Closes $2 Million Non-Brokered Unit Financing
Benton Announces $2 Million Non-Brokered Unit Financing with Investment by Eric Sprott
Benton Closes Private Placement
Benton and Metals Creek Acquire a 7th Highly prospective Helium and Natural Hydrogen Project in Newfoundland
Benton Receives Conditional Approval, Closes First Tranche of Private Placement
Benton Announce $2.5 Million Flow-Through Financing
Benton Increases Interest in Great Burnt Project and Identifies High Priority Target
Local Business Owner Brings 25+ Years of Accounting Experience to Benton County Small Businesses with Launch of Oliver Bookkeeping Solutions
Benton Announces Company Attendance at Prospectors and Developers Association of Canada Convention (PDAC)
Benton Confirms New VMS Copper Discovery at End Zone and Delineates Gold and Copper Horizon at South Pond Gold-Copper Deposit
Benton Receives Positive Metallurgical Results from South Pond with Gold Recoveries up to 88.4%
Benton Provides End of Year Update