Benton Resources Inc. (TSX VENTURE:BEX) ("Benton" or "the Company") is pleased
to announce that it has executed an option agreement (the "Agreement") with
Platinum Group Metals Ltd. (TSX:PTM) ("PTM") on the Company's recently acquired
Mealy copper-nickel-platinum-palladium project (the "Project") in Labrador. The
Agreement allows PTM to earn a 71% interest in the Project by paying the Company
$51,000 on the effective date of the Agreement (the "Effective Date") and by
incurring an aggregate of $2.4 million in exploration expenditures on the
Project as follows:




  i.   $300,000 on or before the date which is 12 months from the Effective 
       Date;                                                                
                                                                            
  ii.  a further $300,000 on or before the date which is 24 months from the 
       Effective Date;                                                      
                                                                            
  iii. a further $400,000 on or before the date which is 36 months from the 
       Effective Date;                                                      
                                                                            
  iv.  a further $1.4 million on or before the date which is 48 months from 
       the Effective Date.                                                  



Upon completion of the prescribed cash payment and exploration expenditures, PTM
will earn a 71% interest in the Project at which point a joint venture will be
formed between the Company and PTM. Benton will retain a 1% NSR on the Project
and PTM will be the operator of the Project while it holds a majority interest.


Stephen Stares, Company President and CEO commented, "We are very pleased to be
working with Platinum Group Metals Ltd. once again. We look forward to
completing the airborne survey and following up with detailed ground work on
this exciting new prospect in an underexplored area in Labrador. By executing
this agreement with steady annual work commitments, Benton shareholders can
expect regular exploration results at no cost to the treasury." 


The Mealy Project covers 261 square-kilometres of the Mealy Lake mafic intrusion
and is contiguous to Altius Minerals Corp.'s ("Altius") 256 square-kilometre
Natashquan property, both located approximately 140 kilometres southwest of
Churchill Falls in Labrador. The Mealy Project covers the same mafic intrusive
rock that hosts Altius' recently announced new Ni-Cu-Co-PGE discovery. Altius
has entered into a joint venture agreement with Anglo American ("Anglo") whereby
Anglo has the option to earn a 66-per-cent interest in the project through
expenditures of $20-million over a five-year period. Exploration highlights from
Altius' Nastashquan discovery include "2.68g/t combined Pt, Pd and Au (grab) -
6.14% Cu and 388ppb Pt - 1.04g/t combined Pt, Pd, Au and 1.06% Cu over 1.30m
(channel) - 1.04 g/t combined Pt, Pd, Au and 3.92% Cu over 1.00m (channel) -
2.49g/t combined Pt, Pd and Au and 1.07% Ni (grab) - several grab samples
greater than 7% Cu - soil samples up to 26,000ppm Cu"
(http://altiusminerals.com/projects/natashquan).


The Mealy Lake mafic intrusion was identified from historic work completed by
the Newfoundland and Labrador Geological Survey. The main intrusive is
approximately 45 kilometres long and 25 kilometers wide and is Late
Paleoproterozoic in age with local fresh crosscutting mafic to ultra-mafic rock.
The disseminated to massive sulphide mineralization found to date displays
cumulate textures indicative of primary magmatic type Cu-Ni-PGE deposition
within the mafic to ultra-mafic intrusive.


Benton and PTM are currently planning an airborne magnetic and electromagnetic
survey to be followed by geological mapping, prospecting, and soil sampling on
anomalies identified from the new survey.


About Benton Resources Inc. (TSX VENTURE:BEX):

Benton Resources Inc is a newly listed and well funded Canadian based junior
with multiple joint ventures and a diversified property portfolio in
Gold-Silver, Nickel, Copper, and Platinum group elements.


About Platinum Group Metals Ltd. (TSX:PTM) (NYSE:PLG):

Platinum Group is based in Johannesburg, South Africa and Vancouver, Canada. The
company is building the 74% owned WBJV Project 1 Platinum Mine in the Western
Limb of the Bushveld Complex, South Africa. Platinum Group also has active
exploration programs and a new platinum deposit discovery, near surface at the
Waterberg joint venture in South Africa. Waterberg is in joint venture with the
Japan Oil, Gas and Metals National Corporation.


Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Inc., is the
qualified person responsible for this release.


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)


Benton Resources Inc.
3250 Highway 130
Rosslyn, ON P7K 0B1
www.bentonresources.ca

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