Benton Provides Update on Bedivere Gold Project - Seite 2

In addition, recent follow-up to an airborne magnetic anomaly uncovered mineralized mafic to ultramafic rocks that may be prospective for copper-nickel-PGE (Platinum Group Elements) mineralization and further investigation is needed on this and other airborne magnetic anomalies. Trail creation, prospecting and soil sampling will continue throughout the winter.

Stephen Stares, Benton President and CEO stated "We continue to be very encouraged by our ongoing exploration results at the Bedivere project. In our past experience working with Noranda Exploration Ltd., discoveries both at the Sugar Zone owned now by Harte Gold and the producing Eagle River mine, now owned by Wesdome were found in underexplored areas associated with major structures and favorable geology. These opportunities are extremely rare especially with areas containing new high grade gold discoveries in multiple locations and good access and infrastructure. We are very excited to continue to advance this underexplored structure over the next year."

Benton would like to announce that it is exhibiting at the upcoming Vancouver Resource Investment Conference on January 22nd and 23rd and investors are invited to visit us at booth number 810. The Company will also be displaying the advanced Cape Ray gold project at the Newfoundland Government Pavilion located in booths numbers 506, 508, 510, 407, 409 and 411 at the Round-Up convention on January 23rd through 26th.

About Benton Resources Inc. (TSX VENTURE:BEX)

Benton Resources Inc is a well-funded Canadian-based junior with a diversified property portfolio in Gold-Silver, Nickel, Copper, and Platinum group elements.

Benton's flagship project is the Cape Ray gold deposits located on the west coast of NL under option to Nordmin Engineering Ltd. ("Nordmin"). Nordmin is earning up to a 50% interest in 4 of the 6 deposits (see Benton PR January 20, 2015) owned by Benton by completing various work programs and project milestones as well as carrying Benton to a full feasibility study and arranging 50% of project financing to production. In March 2016, the companies released the results of a positive preliminary economic assessment ("PEA") for their Cape Ray Gold Project (see PR March 07, 2016). The results of the PEA include a pre-tax net present value ("NPV") at a 7% discount rate of $48.4 million with a pre-tax internal rate of return ("IRR") of 29% and a post-tax NPV at a 7% discount rate of $32.6 million with a post-tax IRR of 24%. The reader should be cautioned that the PEA is preliminary in nature. It contains inferred mineral resources that are considered too speculative to have the economic considerations applied to them that would enable them to be categorized as mineral reserves.