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Benchmark Metals Inc.

09:49 AM EST - Benchmark Metals Inc. : Provided an update on exploration drill planning of multiple new targets in close proximity to the 619,000 ounce, 1.65 grams per tonne gold equivalent in the Measured and Indicated, AGB Deposit1. The targets include a large kilometre-scale, fault-bounded geophysical target adjacent to the existing deposit. The Company's flagship Lawyers Gold-Silver project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada. John Williamson, CEO commented, "We continue to develop large new targets in close proximity to the existing deposits that have never been drill-tested. These new targets demonstrate similar geochemical and geophysical characteristics to the known zones of mineralization in close proximity to the high-grade AGB Deposit. The new targets exhibit significant new discovery potential and are high priority drill areas. The Company continues to finalize its Preliminary Economic Assessment and has geotechnical drilling in progress for the 2023 Feasibility Study." Benchmark Metals Inc. shares V.BNCH are trading unchanged at $0.55.