Benton Resources Inc. Encouraged by Clean Air Metals Inc. Advancement Plans
Overview
Thunder Bay, Ontario–(Newsfile Corp. – September 16, 2024) – Benton Resources Inc. (TSXV: BEX) (“Benton” or the “Company”) was very encouraged by recent drill results and advancement plans of Clean Air Metals Inc. (“Clean Air”). Benton still holds approximately 24.6 million shares of Clean Air and also retains a 0.5% net smelter return royalty from production on the Escape Lake Deposit and a 0.5% net smelter return royalty from production on any mineral claims comprising the Thunder Bay North portion of the project that a net smelter royalty has not previously been granted.
Drill Results
The recent drill results from Clean Air Metals Inc. have been promising, showing potential for significant mineral deposits in the Thunder Bay region. Benton Resources Inc. is optimistic about the future prospects of the project and the potential for increased production in the area.
Advancement Plans
Clean Air Metals Inc. has outlined ambitious advancement plans for the Thunder Bay North project, which bodes well for both companies involved. Benton Resources Inc. stands to benefit from its substantial holdings in Clean Air Metals Inc. and the associated royalties from production.
Impact on Individuals
For individuals, this development could mean increased job opportunities and economic growth in the Thunder Bay region. The potential for a thriving mining industry could attract more residents to the area and boost local businesses.
Global Impact
On a global scale, the progress of Clean Air Metals Inc. and Benton Resources Inc. could contribute to the overall supply of precious metals and minerals. This could have ripple effects on various industries that rely on these resources, ultimately shaping the global economy.
Conclusion
Overall, the recent developments regarding Clean Air Metals Inc. and Benton Resources Inc. show great promise for the Thunder Bay region and beyond. With encouraging drill results and ambitious advancement plans, there is potential for significant growth and prosperity in the mining industry.