North America’s 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 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. 2 www.bentonresources.ca | TSX.V: BEX
BENTON RESOURCES PROJECT HIGHLIGHTS • 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 3 www.bentonresources.ca | TSX.V: BEX
BENTON RESOURCES PROJECT HIGHLIGHTS • 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 4 www.bentonresources.ca | TSX.V: BEX
MANAGEMENT, DIRECTORS,CORPORATE STRUCTURE AND VALUATION Corporate Structure as of June 2019 Stephen Stares President, CEO & Director Shares Issued 84.2 M Evan Asselstine , CPA, CA Chief Financial Officer Options @ 0.09 6.6 M Michael Stares Fully Diluted 90.5 M Director William Harper , MBA, CPA, CA Equity Holdings $2.3 M Director Cash $3.2 M John Sullivan , P.Geo Director Current Market Cap $4.2 M Gordon Fretwell Legal Council/Corporate Secretary Nathan Sims, P.Geo QP/Senior Exploration Manager Members of management awarded PDAC 2007 Bill Dennis Award and the NWOPA Discovery of the Year Award in 2000, 2015 and 2017 5 www.bentonresources.ca | TSX.V: BEX
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BENTON RESOURCES TBN AND ESCAPE LAKE DEPOSITS SIMILAR TO OTHER HIGH GRADE CONDUIT SYSTEMS www.bentonresources.ca | TSX.V: BEX
Historic Resources Area to be re-evaluated for underground PEA 10 www.bentonresources.ca | TSX.V: BEX
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ESCAPE LAKE PLAN MAP 16
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Palladium, Platinum, Copper and Nickel Fundamentals still strong Diesel and gasoline engines use both Platinum and Pd Palladium for catalytic converters Pd Automobile sales growing annually Pt Strict emission standards growing world wide Large quantity of Copper and Nickel used in hybrid and Pt electric cars Shortage in Palladium supply causes ETF to sell to cover Ni shortage Long term Platinum likely to replace Palladium if prices Cu continue to rise 19 www.bentonresources.ca | TSX.V: BEX
Pd Pd Pt Pt Ni Stable $1000US base price for Pt or Pd Cu 20 www.bentonresources.ca | TSX.V: BEX
BENTON RESOURCES 2019 PROJECT PLANS Sign deal for Re-evaluate Complete purchase of Raise funds Begin 20,000 m PEA at TBN for resource TBN and for completion drill program at potential of calculation for Escape Lake of purchase Escape Lake underground Escape Lake Project mining 21 www.bentonresources.ca | TSX.V: BEX
BENTON CLAIMS – RIO TINTO CLAIMS Benton Bark Lake under option to Rio Tinto. 2017 1969 Inco drill hole drilling, 0.31% Cu 0.72gpt with po, cpy, pn Pt+Pd over 19.2 m Benton Benton RIO RIO Benton Benton Baril project under option to Rio Tinto Pyroxenite boulders
CONTACT US Thank You! Stephen Stares President & CEO T: 807-475-7474 E: sstares@bentonresources.ca 23 www.bentonresources.ca | TSX.V: BEX
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