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Benchmark Metals Inc.

09:15 AM EST - Benchmark Metals Inc. : Announced new results from infill and expansion drilling at the Dukes Ridge Deposit, highlighted by 54.60 metres (m) core length of 2.51 grams per tonne (g/t) gold and 97.05 g/t silver or 3.73 g/t gold equivalent (AuEq)*, including 9.60 m of 13.39 g/t gold and 480.26 g/t silver or 19.39 g/t AuEq in drill hole 21DRDD016. The deepest holes drilled at Dukes Ridge to date have extended mineralization, which remains open, to nearly 300 metres vertical depth and >110 metres below the existing 2021 Mineral Resource Estimate (MRE) pit shell. These results continue to demonstrate strong similarities to typical mineralization at the Cliff Creek and AGB deposits, with broad bulk-tonnage style intercepts enveloping high-grade zones. The Dukes Ridge Deposit had until recently seen little drilling relative to the Cliff Creek and AGB deposit areas, and these latest results underscore the potential to add significant gold-silver ounces to the global resource at the Lawyers project as part of the imminent MRE update. Benchmark'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 are very pleased with these latest results from Dukes Ridge as we continue to expand on areas of known mineralization outside of the 2021 MRE pit shell. We anticipate continued growth for the Dukes Ridge deposit, and for the other deposit areas at Lawyers, as additional drill results contribute to the upcoming mineral resource estimate update." Benchmark Metals Inc. shares V.BNCH are trading unchanged at $0.76.