Benchmark Metals Inc. announced new results from infill and expansion drilling at the AGB Deposit, including 95.55 metres (m) core length of 3.14 grams per tonne (g/t) gold and 59.85 g/t silver or 3.89 g/t gold equivalent (AuEq) in drill hole 21AGBDD045. The company reports 22 drill holes that will positively impact the updated Mineral Resource Estimate (MRE) to be completed during the first half of 2022. The new results have provided infill continuity and expansion drill intercepts that continue to grow the AGB area in scope and scale.

Benchmark's Lawyers Gold-Silver Project is located within a road-accessible region of the prolific Golden Horseshoe area of north-central British Columbia, Canada. The AGB Deposit extends >650 m in strike-length and remains open in all directions, displaying both bulk tonnage and high-grade mineralization from the surface. The 2021 drill program is providing potential to add near-surface, open-pittable gold and silver ounces to the AGB Deposit in addition to defining an emerging broad zone of strong mineralization at the southernmost extent.

Recent infill and expansion drilling at depth and along strike of the current zone dimensions has the potential to increase the MRE tonnage of the pit shell design. High-Grade and Bulk Tonnage Drill-Hole Highlights: 21AGBDD045 - 95.55 metres at 3.14 g/t gold, 59.85 g/t silver and 3.89 g/t AuEq, Including - 7.00 metres at 36.20 g/t gold, 275.83 g/t silver and 39.65 g/t AuEq; 21AGBDD0039 - 41 metres at 1.88 g/t gold, 122.63 g/t silver and 3.41 g/t AuEq, Including - 5.10 metres at 10.61 g/t gold, 651.31 g/t silver and 18.75 g/t AuEq. Drill holes 21AGBDD045 and 21AGBDD039 intersected a mineralized zone on the eastern flank of the central AGB Deposit, providing additional higher-grade gold and silver mineralization around historical stopes.

These results emphasize the significant near-surface high-grade mineralization that remains at AGB, with the potential to expand the pit shell design to the east and to depth.