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| | March 18, 2010
Golden Harp Report Start of Phase 3 Drill Program by Benton on Block A Option
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| | Vancouver -- Thursday, March 18, 2010 -- Golden Harp Resources Inc. (GHR:TSXV) today announced that it has been advised by Benton Resources Corp. that it has initiated the third phase of diamond drilling on the Copper Hill Block A property. The program is designed to test beneath the surface mineralization of the Crocker zone and the low grade bulk tonnage potential of the MC zone.
Benton Resources Corp. issued a press release today - the verbatim text is included below:
Benton Initiates Phase 3 Drill Program at Copper Hill Option
Thunder Bay, Ontario: Benton Resources Corp (BTC: TSX.V, "Benton" or "the Company") is pleased to announce that the third phase of diamond drilling on the Copper Hill Block A property optioned from Golden Harp Resources Inc. ("Golden Harp") has been initiated. The drill program is designed to test beneath the surface mineralization of the Crocker zone as well as the low grade bulk tonnage potential of the MC zone. The Crocker zone was discovered by Benton in the fall of 2009 and is hosted within brecciated felsic (syenite fragmental) and lesser ultramafic volcanic rocks. The showing is defined by a distinct B-horizon soil anomaly of >50 ppb Au (with individual soil samples up to 6,840 ppb Au) and surface grab samples grading up to 9.65 gpt gold. Work to date suggests mineralization associated with the Crocker zone is controlled by a NNW trending structure splaying off of the Hydro Creek fault. At the MC Zone, Benton's Phase 2 drill program completed during 2009 intersected thick intervals of anomalous gold mineralization. Drill core intervals included 0.25 gpt gold over 142.9m in drill hole GH09-21 and 0.33 gpt gold over 122m in drill hole GH09-22.
The Golden Harp Block A property is located approximately 100 km south of Timmins and 87 km southwest of Kirkland Lake, Ontario. Benton is currently in the midst of earning up to a 70% interest in the property from Golden Harp.
Benton is a Canadian based junior with multiple joint ventures and a diversified property portfolio in Gold, Nickel, Copper, and Platinum group elements. The company currently has approximately $12.5 million in cash, owns approximately 36% interest in Coro Mining Corp (TSX.COP), holds an approximate 5% interest in Marathon PGM Corp (TSX.MAR) and retains a 2% Net Smelter Royalty on the northern portion of the Marathon PGM deposit.
Clinton Barr (P.Geo.), V.P. Exploration for Benton Resources Corp., is the qualified person responsible for this release.
About Golden Harp
Golden Harp Resources Inc. is a Canadian mineral exploration company. Its 145 square km, Copper Hill gold and base metal project is located 100 kilometres south of Timmins, along Highway 560 between Shining Tree and Gowganda, Northern Ontario. The property, situated along the projected western extension of the Cadillac Larder Lake Break in the Abitibi Greenstone Belt, hosts several gold zones in a variety of geological settings; a copper zone; and large portions of the property remain to be evaluated. Golden Harp recently optioned a portion of its claim units (the Block A Property) to Benton Resources Corp. who have been actively working the property. The Block A option covers 351 of Golden Harp's 855 claim units in the northeastern portion of the Copper Hill project. Benton may earn up to a 70% interest in the Block A by spending $3 million in exploration and issuing cash and shares to Golden Harp (see NR March 12, 2009 for details). Golden Harp will continue to explore and advance the significant gold and copper targets situated in its 504 claim units, which are contiguous to those in the Block A option.
For further information about Golden Harp Resources Inc., please visit www.goldenharpresources.com or contact:
Seamus Young, President and CEO
Tel: 604-688-4277
Statements contained in this news release that are not historical facts are forward-looking statements, which are subject to a number of known and unknown risks, uncertainness and other factors that may cause the actual results to differ materially from those anticipated in the forward looking statements. Although we believe that the expectations in the forward-looking statements are reasonable, actual results may vary, and future results, levels of activity, performance or achievements cannot be guaranteed.
The information contained in the press release is a verbatim extract of the press release issued by Benton Resources Corp. Although Golden Harp believes the information included in the press release to be generally reliable, the data has not been independently verified and Golden Harp does not assume any liability for the accuracy or completeness of such information.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. |
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