NOT FOR DISTRIBUTION TO THE UNITED STATES (US) NEWSWIRE SERVICES OR
DISSEMINATION IN THE US 


Benton Resources Inc. (TSX VENTURE:BEX) ("Benton" or "the Company") is pleased
to announce that its Option and Joint Venture partner Parkside Resources Corp.
(TSX VENTURE:PKS) (or "Parkside") has completed and successfully encountered
gold mineralization in its' first drill campaign on the Forester Lake Gold
Property in northwestern Ontario.


Below is Parkside's new release disseminated today:

"PARKSIDE RESOURCES REPORTS STRONG RESULTS FROM ITS INAUGURAL DRILL PROGRAM ON
ITS FORESTER LAKE GOLD PROPERTY


NOT FOR DISTRIBUTION TO THE UNITED STATES (US) NEWSWIRE SERVICES OR
DISSEMINATION IN THE US


July 24, 2013, Toronto, ON - Parkside Resources Corp. (TSX VENTURE:PKS) (the
"Company") is pleased to announce the results from its recently completed
inaugural drill program on the Forester Lake Gold Property in northwestern
Ontario, 35 km southeast of Goldcorp's Musselwhite Mine. The Company completed
1,200 metres of diamond drilling in nine holes in two prospective areas that
were identified after the compilation of data comprised of 78 historic drill
holes (approx. 8200 metres) with historic grades as high as 16.20 grams of gold
(Au) per tonne over 0.50 metres; recent airborne and ground magnetic survey
data; and, reviewing the wealth of geological and structural knowledge from
Goldcorp's Musselwhite Mine.


All nine holes intersected anomalous gold mineralization with the most
significant intervals being 4.49 grams per tonne (gpt) of Au (gpt Au) over 5.07
metres, including 7.67 gpt Au over 2.85 metres, and 24.93 gpt Au over 0.60
metres in Hole #8 (FOR-13-8) in "Area 1" of the drill program. The results are
the best ever received for any drill program on the Forester Lake Gold Property
with the highest grade interval being 24.93 gpt Au over 0.60 metres and the
widest interval being 5.07 metres grading 4.49 gpt Au. Highlights of the drill
program are provided below:




  Forester Lake - Spring 2013 Drill Program - Summary of Assay Results  
------------------------------------------------------------------------
Area   Hole            From (m)      To (m) Core Length (m)   Gold (g/t)
------------------------------------------------------------------------
2      FOR-13-1          102.95      103.55            0.60         0.62
------------------------------------------------------------------------
2      FOR-13-2           91.95       93.15            1.20         1.14
------------------------------------------------------------------------
2      FOR-13-3           43.20       43.80            0.60         1.23
------------------------------------------------------------------------
                          46.30       46.80            0.50         1.28
------------------------------------------------------------------------
2      FOR-13-4           90.10       90.70            0.60         2.15
------------------------------------------------------------------------
1      FOR-13-6           17.08       17.95            0.87         0.80
------------------------------------------------------------------------
       FOR-13-6           55.00       61.00            6.00         0.61
------------------------------------------------------------------------
       Incl               57.00       60.00            3.00         0.93
------------------------------------------------------------------------
       Incl               58.00       59.00            1.00         1.47
------------------------------------------------------------------------
1      FOR-13-7           30.99       33.15            2.16         1.46
------------------------------------------------------------------------
       Incl               30.99       32.50            1.51         1.78
------------------------------------------------------------------------
       Incl               31.50       32.00            0.50         2.24
------------------------------------------------------------------------
                          92.50       93.00            0.50         0.70
------------------------------------------------------------------------
1      FOR-13-8           44.78       45.50            0.72         0.58
------------------------------------------------------------------------
       FOR-13-8           48.28       53.35            5.07         4.49
------------------------------------------------------------------------
       Incl               48.28       51.13            2.85         7.67
------------------------------------------------------------------------
       Incl               48.28       48.88            0.60        24.93
------------------------------------------------------------------------
       FOR-13-8           65.20       67.20            2.00         1.40
------------------------------------------------------------------------
                          68.80       69.20            0.40         0.88
------------------------------------------------------------------------
1      FOR-13-9           44.00       44.40            0.40         0.69
------------------------------------------------------------------------
                          48.00       48.50            0.50         1.32
------------------------------------------------------------------------
                          90.50       90.80            0.30         0.53
------------------------------------------------------------------------



Drill Area 1, in the central portion of the large 4,352 hectare (10,754 acres)
Forester Lake Gold Property, hosts structurally complex, altered and mineralized
iron formation. Hole FOR-13-7, which had assay results of 2.8 gpt Au over 1.31
metres, was drilled to verify gold mineralization (12.34 gpt Au over 1.53 metres
and 1.13 gpt Au over 1.52 metres) in Power Exploration's 1987 drill program,
NK-87-07. The intersection of the FOR-13-7 hole corresponds closely to Power
Exploration's previous drill intersection.


Hole FOR-13-8 is a newly discovered high-grade gold zone located west of Hole
FOR-13-7, and was drilled to test the western extension of an apparent fold in
the iron formation. The mineralization in FOR-13-8 is hosted in a banded-iron
formation, is strongly silicified, and is characterized by arsenopyrite, pyrite,
and 5-10% pyrrhotite. Minor quartz veining is also apparent.


Donald Goldman, President and CEO of Parkside Resources Corporation, commented
"We are very pleased with the results of Parkside's inaugural drill program. The
strong results confirm our belief in the viability of the Forester Lake Gold
Property to delineate an economic gold deposit and in the ability of Benton
Resources Inc., our Option and Joint Venture Agreement partner, to identify and
source out a highly prospective gold property." He further commented that
results from "Drill Area #1, and in particular Hole FOR-13-8, definitely justify
several follow up holes to test the overall structure of the iron formation and
the continuity and extension of the gold mineralization, both along strike to
the northwest and southeast, and at depth." 


Analysis will commence immediately to develop the next exploration program on
the Forester Lake Gold Property.


Parkside Resources Corporation has implemented a QA/QC protocol for its
exploration work. The NQ core was delivered to its secure core shack facility in
Thunder Bay, Ontario. Generally, the core was marked in 1.0 metre intervals for
splitting, sampling and assaying, unless geological data indicated a shorter
sample interval. Prior to splitting, all core was photographed. Core sampling
was completed using an electric core saw with a diamond impregnated blade with
half of the drill core being delivered to Accurassay Laboratories in Thunder
Bay, Ontario. Accurassay Laboratories is an ISO 17025 accredited laboratory. The
remainder of the core has been stored at the core shack.


The geological information reported has been reviewed and approved by Garry
Clark P.Geo., of Clark Exploration Consulting, consulting geologist for Parkside
Resources Corporation, who is a qualified person under the definitions
established by National Instrument 43-101.


About Parkside Resources Corporation

Parkside Resources Corporation is a Canadian based mineral exploration company
dedicated to building shareholder value through focused exploration, discovery
and development of high quality precious and base metal projects. The Company
has entered into an Option and Joint Venture Agreement with Benton Resources
Corporation to explore the Forester Lake Gold Property, and has earned a 60%
interest in the Property, which is located approximately 100km north of Pickle
Lake, Ontario and roughly 35km southeast of Goldcorp's Musselwhite Gold Mine.
Incorporated in 2005, Parkside Resources Corporation is a reporting issuer in
the provinces of British Columbia and Alberta, the common shares of which are
listed for trading on the TSX Venture Exchange under the symbol (TSX
VENTURE:PKS)."


About Benton Resources Inc. (TSX VENTURE:BEX)

Benton Resources Inc is a newly listed Canadian based junior with multiple joint
ventures and a diversified property portfolio in Gold-Silver, Nickel, Copper,
and Platinum group elements. The Company is well funded with approximately $8.4
million in cash and $0.8 million in marketable securities.


On behalf of the Board of Directors of Benton Resources Inc., 

Stephen Stares, President

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR
THE ADEQUACY OR ACCURACY OF THIS RELEASE.


The information contained herein contains "forward-looking statements" within
the meaning of applicable securities legislation. Forward-looking statements
relate to information that is based on assumptions of management, forecasts of
future results, and estimates of amounts not yet determinable. Any statements
that express predictions, expectations, beliefs, plans, projections, objectives,
assumptions or future events or performance are not statements of historical
fact and may be "forward-looking statements." Forward-looking statements are
subject to a variety of risks and uncertainties which could cause actual events
or results to differ from those reflected in the forward-looking statements,
including, without limitation: risks related to failure to obtain adequate
financing on a timely basis and on acceptable terms; risks related to the
outcome of legal proceedings; political and regulatory risks associated with
mining and exploration; risks related to the maintenance of stock exchange
listings; risks related to environmental regulation and liability; the potential
for delays in exploration or development activities or the completion of
feasibility studies; the uncertainty of profitability; risks and uncertainties
relating to the interpretation of drill results, the geology, grade and
continuity of mineral deposits; risks related to the inherent uncertainty of
production and cost estimates and the potential for unexpected costs and
expenses; results of prefeasibility and feasibility studies, and the possibility
that future exploration, development or mining results will not be consistent
with the Company's expectations; risks related to gold price and other commodity
price fluctuations; and other risks and uncertainties related to the Company's
prospects, properties and business detailed elsewhere in the Company's
disclosure record. Should one or more of these risks and uncertainties
materialize, or should underlying assumptions prove incorrect, actual results
may vary materially from those described in forward-looking statements.
Investors are cautioned against attributing undue certainty to forward-looking
statements. These forward-looking statements are made as of the date hereof and
the Company does not assume any obligation to update or revise them to reflect
new events or circumstances. Actual events or results could differ materially
from the Company's expectations or projections. 


FOR FURTHER INFORMATION PLEASE CONTACT: 
Benton Resources Inc.
Stephen Stares
President
(807) 475-7474
(807) 475-7200 (FAX)
www.bentonresources.ca

Benton Resources (TSXV:BEX)
Gráfico Histórico do Ativo
De Mai 2024 até Jun 2024 Click aqui para mais gráficos Benton Resources.
Benton Resources (TSXV:BEX)
Gráfico Histórico do Ativo
De Jun 2023 até Jun 2024 Click aqui para mais gráficos Benton Resources.