5 Million OZ GOLD EQUIVALENT - Benchmark Metals Inc.
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5 Million OZ Targeting GOLD EQUIVALENT MINERALIZED DOMAINS USED FOR EXPLORATION TARGET, MINERAL INVENTORY AND MODELLED PIT SHELLS ON GROUND MAGNETICS Mine Portal AGB Mine Portal DUKE’S RIDGE PHOENIX PHOENIX EAST 100% Owned GOLD SILVER PROJECT TSX/V : BNCH June 2020 OTCQB : CYRTF TECHNICAL PRESENTATION WKN : A2JM2X
Disclaimer Forward Looking Statements: Certain statements and/or graphics in the Company’s press releases, web site information and corporate displays, among others, constitute “forward-looking statements”. These statements are based on information currently available to the Company and the Company provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements that describe the Company’s future plans, objectives or goals, including words to the effect that the Company or management expects a stated condition or result to occur. Forward-looking statements may be identified by terms such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”, or their conditional or future forms. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherentrisks and uncertainties. Actual results relating to, among other things, results of exploration, project development, reclamation and capital costs of the Company’s mineral properties, and the Company’s financial condition and prospects, could differ materially from those currently anticipated in such statements for many reasons such as: changes in general economic conditions and conditions in the financial markets ; changes in demand and prices for minerals ; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with the activities of the Company; and other matters discussed in this presentation. This list is not exhaustive of the factors that may affect any of the Company’s forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on the Company’s forward-looking statements. The Company does not undertake to update any forward looking statement that may be made from time to time by the Company or on its behalf, except if required to do so by applicable securities laws. You are cautioned not to place any undue reliance on any forward-looking statement. Forward Looking Statements or Information Related to Exploration: Relating to exploration, the identification of exploration targets and any implied future investigation of such targets on the basis of specific geological, geochemical and geophysical evidence or trends are future-looking and subject to a variety of possible outcomes which may or may not include the discovery, or extension, or termination of mineralization. Further, areas around known mineralized intersections or surface showings may be marked by wording such as “open”, “untested”, “possible extension” or “exploration potential” or by symbols such as “?”. Such wording or symbols should not be construed as a certainty that mineralization continues or that the character of mineralization (e.g. grade or thickness) will remain consistent from a known and measured data point. The key risks related to exploration in general are that chances of identifying economical reserves are extremely small. The presentation contains historical exploration data that have not been verified by Benchmark Metals Inc. and may not be accurate or complete, and therefore the information should not be relied upon. Michael Dufresne, M.Sc., P.Geol., P.Geo., an independent director of the Company, also serves as a Technical Advisor and is the Qualified Person, as defined by National Instrument 43-101, responsible for reviewing and approving the technical content of all materials publicly disclosed by Benchmark,including the contents ofthis presentation. 2 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
About Benchmark Metals Inc. Benchmark Metals Inc. is a mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer’s Gold and Silver project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. LAWYERS GOLD & SILVER PROJECT Benchmark is a member of the Metals Group of Companies, and is led by a dynamic group of resource sector professionals with a long track record of success in evaluating and advancing mining projects from exploration through to production, attracting capital and overcoming adversity to deliver VANCOUVER exceptional shareholder value 3 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Why Invest in Benchmark? - Rapidly advancing towards production scenarios 2018 2020 2021 Acquired the Project Expansion Drilling PEA Extensive data compilation and small work Block modeling of numerous zones. Results to substantiate a program to determine future scope and scale Mineral Inventory Target. world-class gold-silver asset. of the project. Pit shell modeling. Working towards mine 50,000 m expansion and definition drill program. development & production Additional new discovery potential. scenarios Inaugural Field Program Resource Estimate Drilling provided bulk-tonnage potential and large gold- Targeting multi-million oz potential silver mineralized zones from surface. Advanced work programs to enable Economic & Eric Sprott becomes major shareholder. Engineering Studies. 2019 2021 WORLDS LARGEST HEDGE FUND SEES GOLD RISING 30% TO US $2000 Source: Bridgewater’s co-chief investment officer Greg Jensen 4 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Located in British Columbia’s prolific ‘GOLDEN HORSESHOE’ Lawyers project is located within the northeastern region of the prolific metal-endowed Stikine terrane. Magmatic events in Stikinia during the Late Triassic and Early Jurassic are the driving source for the development of mineralizing porphyry and epithermal systems. On both the east and west sides of the Bowser Basin the same magmatic and mineralizing events are recognized, forming an arch of gold and polymetallic mineralization; known herein as the ‘Golden Horseshoe’ 5 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
The Lawyer’s Project Mine Portal Tailings Fast Track To Production Facility Historic past producer of 171,000 oz gold & 3.7 million oz silver* Extensive Proven & profitable mining Road Network jurisdiction Mine Portal Existing infrastructure estimated @ $50 million 5 expandable resource zones 8 additional prospects for new discovery 6 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X **Source: Benchmark NI43-101 Report, SEDAR,
Location Road access with year-round exploration potential 11km from existing & permitted Baker Mill 45km NW of Kemess Gold Copper Mine & Power Proven & profitable mining jurisdiction First Nations agreement signed 5 year exploration permit granted Sturdee Airstrip 13 km southeast of Lawyers Upgrading access with three 30 tonne bridges 7 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Property Overview STRATIGRAPHY STRUCTURAL DOMAINS RADIOMETRICS K/Th HAZELTON GROUP FAULTS CONTROL MINERALIZATION CORRELATION WITH MINERALIZATION 2020 Mapping Focus 0 2 4 km 8 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
The Toodoggone Mineral District and Lawyers Stratigraphy Round Mountain 2020 Mapping Focus AGB Silver Artic Pond Cliff Creek Dukes Ridge Phoenix E-Grid Marmot East Marmot Black Lake Silicon Fault – Assumed Fault – Inferred Valley Fault – Observed Conglomerate Black Lake Intrusive Basalt Hornblende Phyric Andesite Crowded Porphyry Andesite Andesite Lapilli Tuff Quartz Eye Tuff Limestone 0 2 4 km 9 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Structure STRUCTURAL DOMAINS Isolate structurally bound blocks with similar geologic NW to NNW TRENDING FAULTS (Syn / Post-Min) characteristics - compare apples to apples • Dominant structural features on property • NW to NNW (310 + 340°) striking with subvertical or steep SW or NE dips • Normal displacement; likely reactivated at some time (strike-slip) • Oldest structures on the property representing syn-volcanic growth faults that formed during lower Jurassic extension and block faulting • Act as conduits for later intermediate / mafic dykes • Similar orientation as the CC-DR-PX and AGB hydrothermal systems (mineralized) • Manifest as m-scale, sub-vertical fracture zones that are variably altered (silica +/- pyrite +/- sericite) and mineralized (low to high- grade min) 0 2 4 km 10 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Structure – 2019 Ground Magnetics • Excellent correlation with mapped surficial structures • Faults acted as conduits for mineralizing fluids and therefore control the mineralization • Mineralized zones occur in the hanging wall of the fault structures associated with magnetic mediums • Numerous new targets identified for follow-up work and testing in 2020 • Ground magnetic surveys are planned at several zones Cliff Creek mineralization AGB mineralization associated in associated in part with these part with these structures structures Dukes Ridge and Phoenix mineralization associated in part with these structures 0 2 4 km 11 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Alteration With proximity to mineralized zones, a range of different alteration assemblages are recognized, from distal to proximal: • Propylitic – epidote, chlorite • Hematite – pervasive alteration and replacement of mafic minerals • Phyllic (QSP) – quartz-sericite-pyrite alteration • Silicic – microcrystalline quartz, silica flooding • Potassic – fine-grained potassium feldspar as adularia ± sericite 12 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Alteration – K/Th Radiometrics Round Mountain Historic In 2018 Benchmark completed a large airborne radiometric survey Tailings Silver Pond AGB Camp • There is a very good correlation of elevated K/Th ratios (here shown in red and Artic Cliff Creek Dukes Ridge pinks) to known areas of mineralization. Phoenix • The strong response is a result of the addition of potassium to the volcanic host E-Grid Marmot East Marmot rocks as they were altered by the mineralizing fluids. • 100% of known occurrences are associated with radiometric highs. Black Lake Silicon Valley Resource Expansion Zones • Therefore, radiometrics is a very powerful targeting tool. Inaugural Drilling in Road Access 2020 to Kemess Early Stage Exploration 45 km SE Targets 13 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Mineralization Mineralization occurs in two discrete styles: 1. Phoenix-style mineralization is hosted within discrete quartz veins measuring approximately 1-8 metres wide. The veins contain semi-massive sulphides, including acanthite, sulfosalts, chalcopyrite, pyrite and native silver. 2. Broad zones of multiphase hydrothermal breccias composed of multi-generational chalcedony and quartz- hematite veining. The mineralized veins contain abundant fine to medium grained sulphides (acanthite, sulfosalts, chalcopyrite, and pyrite) and native gold, silver, and electrum. 14 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Cliff Creek Mineralization 1ST 1ST = Sooty thin sulphide veins • mm scale • mineralized, gold/silver sulfosalts SEQUENCE OF VEINING / MINERALIZATION 2nd 2ND = Translucent grey quartz veins and stockwork silica flooding • mm to cm scale • mineralized, gold/silver sulfosalts (less so than 1) • hydrothermal breccia 3rd 3RD = Milky quartz open space filing veins • terminating crystals often amethyst • often crack and fill of type 1/2 veins, using the same plane of weakness 4TH = Breccia Veining - Hematite breccia • often associated with the zones of mineralization • not mineralized but contains clasts of mineralized 1/2 veins 4th 5TH = Calcite veins, crack and fill, re-brecciation • reactivate mineralized veins/zones • often creating brecciated zones within the zones of mineralization • this could be space filling fluids in rubble zones from brecciated associated with earlier events? • discrete calcite veins outside of mineralized zones suggest this event doesn’t have the pressure to cause brecciation 5th 15 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
The Geological Model – Low Sulphidation Epithermal System T°C SULPHIDATION . STATE Log f (S2) 2020 Mapping Focus B’ A A’ B Fault – Assumed Fault – Inferred Fault – Observed Conglomerate Black Lake Intrusive Basalt Hornblende Phyric Andesite Crowded Porphyry Andesite Andesite Lapilli Tuff Quartz Eye Tuff Limestone 0 2 4 km 16 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
The Geological Model – Low Sulphidation + Porphyry Potential? Generalized cross section of the Toodoggone district The Mineral Deposits Research Group (MDRU) at the University of British Columbia is shedding light on the relationships between the porphyry and epithermal mineralization of the Toodoggone (link to report). • They suggest historically mined and explored epithermal deposits are AGB part of larger porphyry systems. • This is based on a new exploration framework and geochemical index (MPIx) for defining porphyry potential. CLIFF CREEK • MDRU determined several low-sulphidation epithermal systems have SILVER POND? numerous features that are indicative of the shallow parts of a porphyry system including the Cliff Creek zone on the Lawyers property. ? • Ongoing work by Benchmark has identified an extensive (1.3 by 1.4 km) zone of clay alteration, known as the Silver Pond Zone. • This may be the manifestation of a deeper high-sulphidation or porphyry environment Generalized cross section of the Toodoggone district (based on Diakow et al., 1993) showing location of the mineral deposits and prospect relative to the typical porphyry alteration zoning (based on Sillitoe, 2010), modified from MDRU/GBC 2019 Report. 17 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Large Resource Expansion Areas with New Discovery Potential Gold-Silver Zones Over Radiometric Geophysics 5 Million oz Gold-Silver Exploration Target Round Mountain 90% of the 140 km2 property is underexplored • Five resource expansion zones Historic Tailings • Two new discovery zones for 2020 drill testing Silver Pond AGB Camp • Six early stage exploration targets for new discoveries Artic Cliff Creek Dukes Ridge Phoenix Previous mining overlooked the bulk-tonnage and porphyry potential • High-grade drill intercepts within wider mineralized envelopes E-Grid • Open at depth - average drill hole under 100m Marmot East Porphyry • Copper porphyry targets associated with large zones of clay alteration, soil and Targets Marmot radiometric anomalies, and key stratigraphic horizons Black Lake High Grade Drill Results* Bulk-Tonnage Drill Results* Silicon 3.00m at 259 g/t gold & 3,320 g/t silver – AGB 25.00m at 2.79 g/t gold & 177 g/t silver – AGB Valley Resource Expansion 3.05m at 52 g/t gold & 846 g/t silver – Dukes 33.53m at 5.76 g/t gold & 128.65 g/t silver – Dukes Zones 2.40m at 87 g/t gold & 2,407 g/t silver – Cliffs 36.50m at 2.68 g/t gold & 82.57 g/t silver – Cliffs Inaugural Drilling in Road Access 2020 to Kemess 0.90m at 132.5 g/t gold & 8,560 g/t silver - Phoenix 26.00m at 2.42 g/t gold & 100.26 g/t silver - Phoenix Early Stage Exploration 45 km SE Targets 18 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Cliff Creek Zone - Discovery & Growth NEW PARALLEL ZONE DISCOVERED 19CCDD025: 36.3 m @ 3.19 g/t AuEq ** WSW Incl. 3.23 m @ 18.24 g/t AuEq ENE The Cliff Creek Zone extends for over 1.2 km along strike and 250 metres vertical depth and remains open Broad parallel zones of bulk-tonnage mineralization and high-grade mineralization hosted in the hanging- wall of steeply northwest dipping faults New zones are being discovered within 50 metres 50M FROM of historical underground workings and drilling MAIN ZONE & ONLY Historical drilling not fully JUST DISCOVERED sampled. Drilling highlights: Multiple parallel zones • 2.68 g/t Au, 82.57 g/t Ag or 3.71 g/t AuEq across 36.50 projected along strike. POTENTIAL FOR metres core length NEW DISCOVERIES • 87.00 g/t Au, 2407.0 g/t Ag or 117.01 g/t AuEq across 2.4 metres core length *Drill core-lengths OPEN AT DEPTH 19 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Cliff Creek Zone Exploration Target 1.92 Moz AuEq EXPLORATION TARGET Cliff Creek bulk tonnage Exploration Target ranges from 30.6 (CLIFF CREEK ZONE LONG SECTION) – 1.2 Km million tonnes to 34.7 million tonnes with a range in grades of 1.71 g/t AuEq to 1.73 g/t AuEq at a lower cutoff of 0.5 g/t Au, yielding an estimated range of 1,682,000 AuEq BLOCK MODEL ounces to 1,924,000 AuEq ounces.* 86% of the AuEq ounces are within 300m of surface. Pit shell model Cliff Creek remains remains open in all directions. Exploration Target*** – Range of Tonnes and Grades AuCutoff Tonnes Avg au g/t au oz Avg ag g/t ag oz Avg EQ Au ppm EQ Au oz AGB, Duke’s Ridge, Phoenix, and Phoenix East zones have 0.2 61,969,042 0.866 1,725,597 25.66 51,124,711 1.154 2,299,767 similar resource potential. 0.5 34,687,453 1.278 1,425,494 39.791 44,375,916 1.725 1,923,869 2 4,349,789 3.678 514,302 128.402 17,956,826 5.12 715,971 0.2 55,046,348 0.859 1,520,935 25.486 45,104,233 1.146 2,027,490 0.5 30,622,770 1.266 1,246,245 39.451 38,841,095 1.709 1,682,460 *A silver to gold ratio of 80:1 has been used in the calculation of AuEq **Total ounces may not add due to rounding. ***The tonnes, grade and ounces presented are an Exploration Target, and are conceptual in nature, 2 3,655,852 3.794 445,972 130.289 15,313,962 5.258 617,960 there has been insufficient exploration to define a mineral resource and it is uncertain if further exploration will result in the target being delineated as a mineral resource. The Target has not been A full table of results, modeling details, and parameters can be found on the Benchmark Metals website and in the evaluated for reasonable prospects for future economic extraction as metallurgical work and drilling are February 28th press release. planned and ongoing. 20 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Multiple Resource Zones for Expansion & Definition MINERALIZED DOMAINS USED FOR EXPLORATION TARGET, MINERAL INVENTORY AND MODELLED PIT SHELLS ON GROUND MAGNETICS Following the 2019 drilling program Benchmark has defined five discrete mineralized zones that will be the focus of resource definition and AGB expansion drilling in 2020. Up to 50,000 m of expansion and definition Mine Portal drilling will target all of these zones in 2020. DUKE’S RIDGE A global resource estimate will comprise one or more of Cliff Creek, Duke’s Ridge, Phoenix PHOENIX and AGB. PHOENIX EAST Six additional exploration targets across the 140 km2 property could provide additional ounces. 21 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Proposed 2020 Exploration Program Outline • Up to 50,000 metres of drilling (2 RC drill rigs and 2-3 diamond drill rigs); • Induced Polarization (IP) and Magnetotellurics (MT) geophysical survey; • Ground magnetics/VLF at multiple zones; • Detailed bedrock, alteration, and structural mapping; • Extensive soil and rock sampling across new exploration targets; • Advancing 6+ tertiary targets for new discovery potential; • Advancing Cu-Au porphyry target areas; • Metallurgical work is ongoing; • Commencing geotechnical data collection • Baseline environmental data collection 22 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Soil & Rock Sampling • 3788 planned soil samples covering Kodah Gold & Silver Kodah underexplored regions of the 140 Mineralized Corridor Round Mountain km2 property Round >15 km Mountain • 100x200 m soil grid covering prospective Jurassic volcanics and Arctic Arctic AGB AGB geophysical anomalies Silver Pond Silver Pond Dukes Ridge Dukes Ridge • 100x50 m and 50x50 m grids at Phoenix Cliff Creek Phoenix Cliff Creek AGB to test geophysical anomalies E-Grid • >1000 planned rock samples across E-Grid Marmot Marmot East Marmot Marmot East the property • Red squares signify regions where Black Lake Black Lake ground geophysical surveys will be Alt Corridor Silicon Valley Alt Corridor Silicon Valley completed AuEq80 2019 Soil Sample 2020 Proposed Soils 0 2 4 km 2020 Ground Geophysics 23 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Advanced Exploration Targets - Marmot • Marmot & Marmot East are located in the east-central portion of the Lawyers Property and directly along strike from the main Lawyers trend mineralization approximately 3 km to the north. • The zone spans 500 by 250 metres and is defined by bedrock mapping, soils, rock samples (Table 1), and is situated within a larger 2400 by 650 metre K-radiometric anomaly. • The structure, mineralization, and alteration relationships at the Marmot zones are consistent with other zones on the Lawyers Trend, where hydrothermal low-sulphidation systems developed within pre-existing fault systems that acted as conduits for fluids to migrate and precipitate. • The relative geometry of these fault systems possibly controls the distribution of high-grade mineralization where faults of different orientations intersect, as observed at both Marmot and Marmot East. • Ground geophysics, mapping, soil & rock sampling, and drilling are planned for the Marmot zones in 2020. 2019 rock sample results Gold Sample Silver g/t *AuEq g/t g/t Y948686 24.2 128 25.80 Y948680 16.1 1425 33.91 Y948673 6.0 318 9.98 Y749851 4.51 556 11.46 Y948679 3.63 656 11.83 24 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Advanced Exploration Targets – Silver Pond • A hyperspectral or SWIR (short-wave infrared) analysis of clay samples and detailed clay mapping was completed over a large (>4km2) advanced argillic alteration. • Alteration assemblages and large-scale zonation patterns are helping vector towards potential porphyry or high-sulphidation mineralization. • This large zone of alteration has never been drilled, mapped, or effectively explored and is only 850 m northwest of the low- sulphidation mineralization at Cliff Creek. • This type of alteration is related to moderate-high temperature and high acidity fluids that are typically associated with the surface expression of the fluids from porphyry and high-sulphidation systems. • Analysis of soil and rock geochemistry indicate that there is an association between Au-Ag mineralisation and elevated Cu, Mo, Zn, As, Sb and Te at Silver Pond, whereas at AGB, Cliff Creek and Dukes Ridge this metal association is not evident. Schematic illustration of alteration zoning and overprinting relationships in a porphyry system (modified after Holliday and Cooke 2007; Cooke et al. 2014; Cook et al., 2017). 25 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Resource & Exploration Planned Drilling Overview 2020 26 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
2020 Proposed Drill Program Prospect Metres Drill holes Cliff Creek 12755 63 AGB 6240 33 Dukes 3510 21 Drill Metres % of Total Ridge Category Drilling Phoenix 460 3 Pit-infill & 31200 62 Resource Prospect Metres Drill holes Expansion Cliff Creek 5730 36 Exploration 11600 23 AGB 3270 13 Fences Dukes 1380 11 CC-DR 3740 8 Ridge Connector Phoenix 1220 8 Zone Prospect Metres Drill holes Exploration 3500 7 “Greenfield” CC-DR 3740 23 Connnector TOTAL 50040 100 Prospect Metres Drill holes Marmot 1500 3 Lake Silver Pond 2000 4 Clay 27 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Planned AGB Drilling 28 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
CC North Resource Drilling 29 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
CC South Resource Drilling 30 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Dukes Ridge + Phoenix Resource Drilling 31 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
2020 CORPORATE OBJECTIVES 2020 2021 Q2 2020 Q3 2020 Q4 2020 Q1 2021 Q2 2021 50,000m drill program, Commence drill and field Geological interpretation. Interpretation and 43-101 Commence PEA. metallurgy, infrastructure exploration programs. Advanced metallurgical, resource estimation. Geology and Engineering improvements. Geotechnical & Engineering permitting, and environmental programs to support future studies. studies. feasibility study. *Quarters are calendar year 32 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Value Proposition OPPORTUNITY NEAR-TERM OBJECTIVES • 100% ownership of Lawyer’s gold and silver project • Up to 50,000m drill program focused on expansion and definition • Located in an area of proven prolific mineralization drilling resource • 140 km2 land package is 90% underexplored • Drill testing geophysical and geochemical targets for new discoveries • Access to existing mining infrastructure • Expanded metallurgical test program investigating the • Mining-friendly, low-risk jurisdiction mineralization for potential bulk-tonnage mining. • Fully funded, +$10M in working capital • Geotechnical program to potentially minimize open pit strip ratios • Near term resource estimate • Develop additional Au-Ag and Cu-Au exploration targets • New Resource Estimate following drill results TRACK RECORD AND TEAM • Experienced team with decades of mining experience • One of the Metals Group of Companies LONGER-TERM OBJECTIVES • PEA (Preliminary Economic Assessment) • FS (Feasibility Study) • Re-establish future mining 33 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
Jeremy Yaseniuk Corporate Development jeremyy@bnchmetals.com Contact 1.604.773.1467 Head Office 10545 45 Avenue NW Jim Greig 250 Southridge, Suite 300 President Edmonton, Alberta Canada jimg@bnchmetals.com www.benchmarkmetals.com 1.604.260.6977 John Williamson Chairman & CEO johnw@bnchmetals.com TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X 34
Part of the Metals Group of Companies 35 TSX/V : BNCH | OTCQB : CYRTF | WKN : A2JM2X
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