Benton Provides Additional Information Regarding Acquisition Agreement with Noble Minerals

Core Viewpoint - Benton Resources Inc. is seeking approval from the TSX Venture Exchange for the acquisition of a 100% interest in Noble Mineral Exploration Inc.'s Island Pond Property, which consists of 7 claims covering 175 hectares and is adjacent to the Company's South Pond Gold Zone in Newfoundland [1][2]. Acquisition Details - The acquisition involves a one-time cash payment of $30,000 and the issuance of 1,000,000 common shares to Noble, subject to a standard four-month hold period from the Exchange approval date [1][2]. - The Island Pond Property is subject to a 2% Net Smelter Royalty (NSR) to an original vendor and a 1% NSR to Noble, with Benton assuming rights to buy back the original 2% NSR for $1.5 million [2]. Company Overview - Benton Resources is a well-financed mineral exploration company listed on the TSX Venture Exchange under the symbol BEX, with a diversified property portfolio and significant equity positions in other mining companies [5]. - The company is focused on advancing its high-grade Copper-Gold Great Burnt Project in Newfoundland, which has a Mineral Resource estimate of 667,000 tonnes at 3.21% Cu Indicated and 482,000 tonnes at 2.35% Cu Inferred [6][7]. Exploration Results - The Great Burnt Project has shown promising geological potential with six known Cu-Au-Ag zones over 15 km, all open for expansion, and impressive drilling results including 25.42 m of 5.51% Cu [7]. - Drilling at the South Pond Gold Zone has confirmed a robust gold-mineralized system with results of 74.20 m of 1.43 g/t Au and 43.75 m of 1.62 g/t Au, also open for expansion [7].