Benchmark Metals updates on successful Lawyer's project drilling where a fifth rig has been added

Benchmark Metals updates on successful Lawyer's project drilling where a fifth rig has been added

Proactive Investors

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Benchmark Metals Inc (CVE:BNCH) (OTCQB:CYRTF) told investors that drilling was going "exceptionally well" at its Lawyers gold-silver project in British Columbia, and a fifth rig has now been added to the program, where it is sinking up to 50,000 metres (m). The work is focused on defining and expanding a resource from three key areas at the site - these are the Cliff Creek Zone, Dukes Ridge to Phoenix Zones, and the AGB Zone. More than 10,500 m has been completed from over 60 drill holes, the firm revealed, while ground magnetics is nearing completion at both the Marmot and the Silver Pond Porphyry targets. An induced polarization (IP) survey at Silver Pond is scheduled to be completed on July 23, while detailed geological mapping is ongoing in the northern underexplored region of the property, the firm added. READ: Benchmark Metals announces start of resource expansion and definition drilling at its gold-silver project located in the Golden Horseshoe of British Columbia Benchmark's own fieldwork has also already identified new drill targets for potential new discoveries at the Silver Pond Porphyry and the Marmot Zone. "The addition of this third diamond drill rig increases our total drills on the project to five which will help us quickly advance towards our 50,000 metre program," Benchmark CEO John Williamson said in a statement on Wednesday. "The drilling program is going exceptionally well with the two diamond rigs performing around 30% ahead of anticipated drill meterage," he added. The 140 square kilometre Lawyer's project sits in the Toodoggone district of the so-called Golden Horseshoe in northern British Columbia. Exploration in the area began in the late 1960s and identified numerous showings, prospects, and deposits in the Lawyers project area but Benchmark says previous development has ignored the bulk tonnage and porphyry potential of the property. Contact the author at giles@proactiveinvestors.com

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