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Benchmark Drills 132.5 g/t Gold and 8,560 G/t Silver over 0.9 metres in Unique Mineralization at Phoenix Zone Discovery
Edmonton, Calgary--(Newsfile Corp. - October 7, 2019) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is pleased to report the first drill hole result of 2019 from the Phoenix Zone. Drilling intersected 132.5 g/t gold and 8,560 g/t silver over 0.9 metres core length within a broader interval of 46.9 g/t gold and 3,055.6 g/t silver over 2.87 metres core length in 19PXDD001 (Table 1). Results have now extended the Phoenix Zone from surface, down to approximately 150 metres depth. The Phoenix Zone is 1 of 4 mineralized areas located within 3km radius of each other in the central portion of the (+)20km Lawyers Trend. The Lawyers Project is situated in the Stikine Terrane of northern British Columbia, Canada, and falls within the prolific, mineral-endowed 'Golden Horseshoe'.
John Williamson, CEO commented, "The Phoenix massive sulphide vein that we discovered in 2018 represents another style of mineralization to be explored along the Lawyers Trend. The new drill hole has extended the high-grade Phoenix Zone to nearly 150 metres in depth from surface, while anomalous geochemistry and geophysics indicate that this Zone could be extended to over 1 kilometer in total length with additional drilling, which we will pursue in the weeks to come."