Edmonton, Alberta--(Newsfile Corp. - March 12, 2021) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF) (WKN: A2JM2X) (the "Company" or "Benchmark") - is pleased to announce the deepest gold-silver mineralization intersected to date at the northern portion of the Cliff Creek deposit. Hole 20CCDD072 intersected significant high-grade mineralization at over 500 metres (m) vertical depth, further extending mineralization below the base of our 2019 exploration target open pit model. The results contained within this news release include many of the outstanding holes from the deep drilling at Cliff Creek North (CCN) and demonstrate the exceptional continuity of mineralization from surface to depth. Benchmark's flagship Lawyers Gold-Silver Project is road accessible and located within the Golden Horseshoe area of north-central British Columbia, Canada.
John Williamson, CEO, commented, "Today's results are successfully expanding gold and silver to new depths. The Cliff Creek North area is providing continuous, impressive grades from surface with high-grade material at depth. The mineralized system is now showing potential for open-pit and high-grade underground mining at lower levels. The robust results from these deep holes continue to confirm our geological model and indicate that this mineralizing system remains strong and open at depth."
Figure #1 - Cliff Creek North Zone long section, see Figure #2 for section window
To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/6169/76929_24928875a453a8fb_001full.jpg
Cliff Creek North (CCN) is a sub-zone of the +1.2-kilometre Cliff Creek Zone. The CCN area now measures +300m on-strike length and has drill indicated gold-silver mineralization to +500m depth. The entire Cliff Creek Zone remains open in all directions and shows strong potential for more expansion at depth in high-grade material.
Join Benchmark Metals for special meeting to discuss the growing potential at the Cliff Creek North area and upcoming milestones - Monday, March 15, 2021 at 10am PST. Click the link to register and join.
Table #1: New results from the Cliff Creek Zone.
| Drillhole | | FROM | TO | INTERVAL | Au (ppm) | Ag (ppm) | AuEq (ppm) |
| 20CCDD051 | | 229.00 | 233.00 | 4.00 | 0.75 | 1.00 | 0.76 |
| | 292.00 | 295.32 | 3.32 | 1.04 | 38.38 | 1.52 | |
| | 371.00 | 407.00 | 36.00 | 1.45 | 25.83 | 1.78 | |
| incl | 404.00 | 407.00 | 3.00 | 5.77 | 52.55 | 6.43 | |
| incl | 405.00 | 406.00 | 1.00 | 13.60 | 79.70 | 14.60 | |
| 20CCDD061 | | 50.00 | 51.00 | 1.00 | 2.03 | 231.00 | 4.92 |
| | 159.00 | 161.00 | 2.00 | 1.22 | 3.94 | 1.26 | |
| | 397.95 | 433.15 | 35.20 | 1.80 | 43.77 | 2.34 | |
| incl | 398.56 | 401.07 | 2.51 | 4.89 | 280.70 | 8.40 | |
| incl | 399.64 | 400.21 | 0.57 | 6.75 | 335.00 | 10.94 | |
| and | 417.72 | 420.00 | 2.28 | 14.86 | 208.15 | 17.46 | |
| incl | 417.72 | 418.11 | 0.39 | 71.40 | 1130.00 | 85.52 | |
| 20CCDD062 | | 404.33 | 449.00 | 44.67 | 1.22 | 22.73 | 1.50 |
| incl | 439.00 | 440.00 | 1.00 | 16.40 | 25.40 | 16.72 | |
| 20CCDD064 | | 401.70 | 404.00 | 2.30 | 2.35 | 32.55 | 2.76 |
| incl | 401.70 | 402.52 | 0.82 | 4.53 | 55.00 | 5.22 | |
| | 474.00 | 501.00 | 27.00 | 0.82 | 15.92 | 1.02 | |
| 20CCDD066 | | 267.00 | 269.00 | 2.00 | 0.77 | 9.03 | 0.89 |
| | 381.00 | 404.00 | 23.00 | 1.61 | 55.78 | 2.30 | |
| | 388.00 | 389.86 | 1.86 | 8.37 | 164.60 | 10.43 | |
| 20CCDD072 | | 400.00 | 407.00 | 7.00 | 0.42 | 2.42 | 0.45 |
| | 475.90 | 477.00 | 1.10 | 2.13 | 26.40 | 2.46 | |
| | 521.00 | 531.00 | 10.00 | 3.28 | 138.83 | 5.01 | |
| incl | 522.00 | 523.00 | 1.00 | 27.00 | 1270.00 | 42.88 | |
| 20CCDD074 | | 521.00 | 536.35 | 15.35 | 3.62 | 143.38 | 5.41 |
| incl | 526.00 | 528.00 | 2.00 | 10.72 | 460.00 | 16.47 | |
| and | 535.00 | 535.80 | 0.80 | 14.50 | 433.00 | 19.91 | |
| 20CCDD078 | | 84.94 | 88.08 | 3.14 | 1.60 | 2.34 | 1.63 |
| | 339.00 | 340.00 | 1.00 | 4.05 | 105.00 | 5.36 | |
| | 434.00 | 471.50 | 37.50 | 0.50 | 10.32 | 0.63 | |
| | 447.00 | 448.00 | 1.00 | 8.58 | 63.10 | 9.37 | |
| 20CCDD081 | | 321.00 | 325.16 | 4.16 | 0.31 | 6.15 | 0.38 |
| | 398.65 | 399.24 | 0.59 | 8.78 | 190.00 | 11.16 | |
| | 463.00 | 465.00 | 2.00 | 1.53 | 104.55 | 2.84 | |
| | 487.00 | 493.40 | 6.40 | 0.50 | 25.45 | 0.82 | |
| | 505.83 | 511.00 | 5.17 | 2.95 | 20.62 | 3.21 | |
| | 506.57 | 507.63 | 1.06 | 12.25 | 66.40 | 13.08 | |
| | 535.72 | 538.64 | 2.92 | 0.74 | 14.04 | 0.91 |
* Gold equivalent (AuEq) calculated using 80:1 silver to gold ratio.
** Intervals are core-length. True width is estimated between 80 to 90% of core length.