North Americas Newest Platinum-Palladium Company Corporate - - PowerPoint PPT Presentation

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North Americas Newest Platinum-Palladium Company Corporate - - PowerPoint PPT Presentation

North Americas Newest Platinum-Palladium Company Corporate Presentation | June 2019 TSX.V: BEX FORWARD LOOKING STATEMENTS During the course of this presentation, Benton Resources Inc. may make forward-looking statements with regard to the


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North America’s Newest Platinum-Palladium Company

Corporate Presentation | June 2019

TSX.V: BEX

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During the course of this presentation, Benton Resources Inc. may make forward-looking statements with regard to the company’s projects and or business plans. Statements may also be made with regard to the company’s business strategy, products, partners, and market position which could be construed as forward-

  • looking. Forward-looking statements are subject to risk and uncertainties that could cause results to be

materially different than expectations. The presentation has been prepared by management of Benton Resources, and does not represent a recommendation to buy or sell these securities. Investors should always consult their Investment Advisors prior to making any Investment Decision.

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www.bentonresources.ca | TSX.V: BEX

FORWARD LOOKING STATEMENTS

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  • Benton has executed agreements containing exclusive rights to purchase 100% interest in

the Thunder Bay North deposits from Panoramic Resources Limited and 100% interest in the Escape Lake deposit from Rio Tinto for a total of $15M CAD

  • TBN Deposit with Historic Resource of 741,000 ounces at 2.3gpt Pt Eq indicated and 49,000

inferred ounces at 2.9gpt Pt Eq. Drill intercepts of 46.65m @ 10.1gpt Platinum+Palladium+Gold and 1.62% Copper+Nickel including 13.0m @ 33.2gpt Pt+Pd+Au and 4.91% Cu+Ni including a spectacular intercept of 2.6m @ 97.9gpt Pt+Pd+Au and 14.9% Cu+Ni in drill hole BL 10-197

  • Never released publicly: Rio Tinto’s high grade Escape Lake discovery in 2010-2012 had

spectacular drill results including up to 121.6m of 2.49gpt Pt+Pd+Au and 0.86% Cu+Ni,

  • incl. 33.4m of 7.28gpt Pt+Pd+Au and 2.26% Cu+Ni
  • Only 65km south on (Hwy 527) of North American Palladium’s (NAP) Lac des Ille Mine and

approximately 12km east of NAP’s Sunday Lake PGE project

  • Project located only 40km north of Thunder Bay with paved highway and power line.
  • >$100M invested in the project since discovery in 2005 with some of the highest metal

grades and thickness drilled in the Midcontinent Rift centred around Lake Superior

BENTON RESOURCES PROJECT HIGHLIGHTS

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www.bentonresources.ca | TSX.V: BEX

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  • Magnetotellurics (MT) geophysical survey planned for deep portion of TBN and Escape
  • Lake. MT was used by North American Palladium (NAP) to successfully target the

Sunday Lake intrusion down to 1000m

  • NAP released “best results to date” on Sunday Lake which graded 41.2m @ 5.3g/t

Pt+Pd+Au and 0.76% Cu+Ni at approximately 1000m deep

  • Many unmined PGM deposits are less then 2gpt Total Precious Metals (TPM) with low by-

products Copper and Nickel; TBN/Escape has excellent grade in both PGM and Cu/Ni

  • TBN and Escape Lake have nearly a 1:1 ratio of Platinum to Palladium with excellent

potential for further discoveries along interpreted mineralized conduit

  • Benton will acquire $58.0 million in tax loss carryforward inside Panoramic PGM Canada

Ltd

  • Northern Ontario is one of the safest and best mining jurisdictions in the world; located

minutes form a Census Metropolitan Area (Thunder Bay) and Canada’s only operating Pd mine

  • The Company will be focused on advancing the new Platinum-Palladium-Copper-Nickel

deposits toward a resource estimate and PEA

BENTON RESOURCES PROJECT HIGHLIGHTS

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www.bentonresources.ca | TSX.V: BEX

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Stephen Stares President, CEO & Director Evan Asselstine, CPA, CA Chief Financial Officer Michael Stares Director William Harper, MBA, CPA, CA Director John Sullivan, P.Geo Director Gordon Fretwell Legal Council/Corporate Secretary Nathan Sims, P.Geo QP/Senior Exploration Manager

MANAGEMENT, DIRECTORS,CORPORATE STRUCTURE AND VALUATION

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www.bentonresources.ca | TSX.V: BEX

Shares Issued 84.2 M Options @ 0.09 6.6 M Fully Diluted 90.5 M Equity Holdings $2.3 M Cash $3.2 M Current Market Cap $4.2 M

Corporate Structure as of June 2019

Members of management awarded PDAC 2007 Bill Dennis Award and the NWOPA Discovery of the Year Award in 2000, 2015 and 2017

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BENTON RESOURCES TBN AND ESCAPE LAKE DEPOSITS SIMILAR TO OTHER HIGH GRADE CONDUIT SYSTEMS

www.bentonresources.ca | TSX.V: BEX

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10 Area to be re-evaluated for underground PEA

www.bentonresources.ca | TSX.V: BEX

Historic Resources

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ESCAPE LAKE PLAN MAP

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www.bentonresources.ca | TSX.V: BEX

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Palladium, Platinum, Copper and Nickel Fundamentals still strong

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Diesel and gasoline engines use both Platinum and Palladium for catalytic converters Automobile sales growing annually Strict emission standards growing world wide Large quantity of Copper and Nickel used in hybrid and electric cars Shortage in Palladium supply causes ETF to sell to cover shortage Long term Platinum likely to replace Palladium if prices continue to rise

Pt Pd Ni Pt Cu Pd

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www.bentonresources.ca | TSX.V: BEX

Pt Pd Pd Ni Pt Cu Stable $1000US base price for Pt or Pd

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BENTON RESOURCES 2019 PROJECT PLANS

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www.bentonresources.ca | TSX.V: BEX

Sign deal for purchase of TBN and Escape Lake Project Raise funds for completion

  • f purchase

Begin 20,000 m drill program at Escape Lake Re-evaluate PEA at TBN for potential of underground mining Complete resource calculation for Escape Lake

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Benton Bark Lake under

  • ption to Rio Tinto. 2017

drilling, 0.31% Cu 0.72gpt Pt+Pd over 19.2 m Pyroxenite boulders 1969 Inco drill hole with po, cpy, pn

RIO RIO

Benton Benton Benton

Benton Baril project under option to Rio Tinto

BENTON CLAIMS – RIO TINTO CLAIMS

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Thank You!

Stephen Stares President & CEO T: 807-475-7474 E: sstares@bentonresources.ca

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www.bentonresources.ca | TSX.V: BEX

CONTACT US