Benton Resources Inc

GOLD: Cape Ray project receives positive PEA

March 9, 2016 by Canadian Mining Journal

NEWFOUNDLAND – Benton Resources, headquartered in Thunder Bay, ON, has released a positive preliminary economic assessment for the Cape Ray gold project 20 km northeast of Port aux Basque. The project has a pre-tax net present value (7% discount) of…

R&D provides much needed boost in the east

January 1, 2016 by Phil Saunders

Newfoundland and Labrador is one of the foremost producers of iron and nickel in Canada, ranking second in production of both metals among Canadian jurisdictions in 2014. It also produces, or has significant resources of a wide range of other…

GOLD: Benton makes new visible gold discovery on Staghorn property

September 2, 2015 by Canadian Mining Journal Editor

NEWFOUNDLAND – Benton Resources of Thunder Bay, ON, has made what it calls a “significant” new visible gold discovery at the Staghorn gold property 60 km southeast of Stephenville. The property is owned by Metals Creek…

In the East: Mineral industry takes long-term approach

January 1, 2015 by Phil Saunders*

The minerals industry in Newfoundland and Labrador is confronting the challenging conditions in the broader commodities market with innovative deals and productivity upgrades in both the mining and exploration sectors. Recent developments in…

Newfoundland and Labrador minerals sector reports widespread activity

August 1, 2014 by Phil Saunders*

This year, Newfoundland and Labrador celebrates 150 years of modern mining, going back to the opening of the Tilt Cove copper mine in the historic, and still productive, Baie Verte mining district.

An Emerging Gold District on Canada’s East Coast

January 1, 2014 by Phillip Saunders and Sean O'Brien, Mines Branch

Although iron ore and nickel continue to dominate news from the mining sector in Labrador, exploration and development for gold is gaining momentum on the Island of Newfoundland. Much of the recent and current production of the precious metal…