Benton Resources buys Par Lake
2005-05-04 10:50 MT - News Release
Mr. Stephen Stares reports
BENTON RESOURCES CORP (BTC) CLOSES ACQUISITION OF PAR LAKE PROPERTY
Benton Resources Corp. has closed the transaction to purchase 100 per cent of the Par Lake property, subject to a 2-per-cent net smelter return payable to Newmont Mining Corp. (see Stockwatch news dated April 21, 2005). The company has also acquired by staking seven additional claims totalling 50 units adjoining the Par Lake property.
Drilling has commenced on the Bermuda property and the first hole is currently under way. Prospecting has also commenced to identify potential new drill targets.
Clinton Barr, PGeo, vice-president, exploration, Benton Resources Corp., is the qualified person responsible for this release.
We seek Safe Harbor.
K.D.