Benton Resources Invites You To Join Us At The Vancouver Resource Investment Conference

Benton Resources Inc. (TSXV: BEX) ('Benton' or 'the Company') would like to cordially invite you to visit us at Booth #823 at the Vancouver Resource Investment Conference (VRIC) to be held at the Vancouver Convention Centre West (1055 Canada Place, Vancouver) on Tuesday May 17 - Wednesday May 18, 2022.

Former Prime Minister of Canada Stephen Harper and Former President of Mexico Felipe Calderon are two of the marquee speakers at the 2022 Resource Investment Conference. VRIC will host more than 100 international keynote speakers covering the hottest topics in finance, economics and geopolitics on May 17th and 18th, 2022.

Also presenting are best-selling finance author Robert "Rich Dad" Kiyosaki, dozens of globally respected economists, legendary money managers, and investors. The conversations on stage will cover the most important investment opportunities and key issues in macro-finance.

The VRIC will include a marketplace of 225 investment opportunities in the mining industry, spanning early-stage exploration to advanced-stage producing mines.

For more information and/or to register for the conference please visit: https://cambridgehouse.com/vancouver-resource-investment-conference.

We look forward to seeing you there.

About Benton Resources Inc. Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Lithium, Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored. Most advanced projects have an up-to-date NI 43-101 Report available.

For further information, please contact:

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

CHF Capital Markets Thomas Do, IR Manager Phone: 416-868-1079 x 232 Email:thomas@chfir.com

Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX LinkedIn: @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements."

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The prospect generator model has become one of the resource industry’s best strategies for minimizing risks associated with exploration-stage projects. With the intent to maximize rewards, this model combines diverse portfolios, strong partnerships and capital structures that reduce dilution. Because of this, investors get an opportunity to capitalize on some of the most prospective exploration and mining companies in the world under highly favorable conditions.

The prospect generator model is a unique take on exploration. Analysts point out that most of the value in prospective companies is the team’s intellectual capital and talents rather than its assets. With the right team, investors could see substantial returns and exposure to potential discoveries that some companies only dream of.

Benton Resources (TSXV:BEX) is a project generator and mineral exploration company focused on base and precious metal exploration. The company’s diverse property portfolio includes several highly prospective Canadian projects that leverage mining-friendly judicial conditions, strong partnerships and tremendous infrastructure for mining success. Many of Benton’s high-grade projects are available for option and cover various mineral assets, including gold, silver, nickel, copper and platinum group metals (PGMs).

Benton’s key projects and equity positions are in partnership with some of Canada’s biggest mining and exploration players. For example, Rio Tinto Canada currently operates its Bark Lake project and Baril Lake West PGM project. In January 2021, Benton announced it had received the second-anniversary option payment of C$25,000 from Rio Tinto Canada for the Baril Lake West project. This project is particularly exciting due to 2018 discoveries of significant mineralization grading 4.78 percent nickel and 0.43 percent copper over 2.08 m on Rio’s neighboring claim.

Benton’s diverse portfolio presents investors with tremendous near and long-term upside. The company currently has over 34 million combined shares in some of Canada’s most exciting mining and exploration projects and jurisdictions. This includes 24.6 million shares of Clean Air Metals (TSXV:AIR), which is advancing the high-grade Thunder Bay North and Escape Lake PGM projects; 4.0 million shares of Quadro Resources (TSXV:QRO), which is advancing the Staghorn Gold project in Central Newfoundland near Marathon Gold’s multi-million ounce gold discovery; 1.38 million shares of Metallica Metals (CSE:MM), which is working on the Saganaga Gold (now Starr) project; and 3.6 million shares of Maxtech Ventures (TSXV:MVT), which is advancing the company’s Panama Lake gold project in the prolific Red Lake District.

Partnerships like these provide Benton with excellent project generation and expansion opportunities while giving investors exposure to other exciting projects inside Benton’s portfolio, such as its highly prospective Far Lake and Iron Duke gold projects. Benton hosts other significant investor opportunities, and the company focuses on retaining net smelter royalties (NSR) when possible for potential long-term cash flow.

The company’s high-quality property portfolio is matched with a world-class management team. In 2007, management members received the PDAC Bill Dennis Award and later the NWOPA Discovery of the Year Award in both 2015 and 2017.

Benton acquired the Far Lake project from White Metal Resources (TSXV:WHM) with the option to earn up to 70 percent interest. The project has strong infrastructure, including access to logging roads starting at the Trans-Canada Highway, the CN rail and efficient power.

In 2017, WHM discovered the primary copper-sulfide occurrence on the property. Further soil geochemical sampling identified excellent copper zone targets, which poses exciting potential discoveries as prospecting and mapping structures and project geology continue. Trenching and sampling programs at the Far Lake provided results that include a 0.7 m channel sample that assayed 22.0 percent copper, 30.2 g/t silver and 0.25 g/t gold.

The first phase drilling has discovered wide zones of copper mineralization including 0.15 percent copper (Cu) over 60.4 m, 0.35 percent Cu over 15.6 m and 1.43 percent Cu over 2.6 m in FL-20-11, and further samples have been submitted as current results ended in copper mineralization. Drill hole FL-20-11 is located approximately 1,900 m NW along the same structure as the Far Lake main zone which also produced significant results, including 0.19% Cu over 34.6m including 0.89% Cu 1.08g/t Ag over 4.0m in FL-20-03. It should be noted that drilling in holes FL-20- 01 to FL-20-05 in the Far Lake main zone was interrupted by a series of diabase dykes, and further deeper drilling is being planned to intersect the zones further away from the dykes.

In December 2020, the company hired Abitibi Geophysics to complete a detailed 12 km2 DasVision 3D Induced Polarization (IP), which identified high priority targets for the Phase II drill program that is currently underway.

Results of the first drill program are as follows:

On July 2, 2019, Benton Resources announced that it had executed two separate binding purchase agreements with Rio Tinto Exploration Canada (RTEC) and Panoramic Resources (PAN) (ASX:PAN) to purchase 100 percent interest in the TBN and Escape Lake deposits located only 50 km from the company’s office in Thunder Bay and approximately 60 km south of Impala Canada’s Lac des Iles Mine.

Under the agreements, Benton paid RTEC C$3 million on signing with further C$3 million paid over 3 years. RTEC retained a 1 percent Net Smelter Royalty (NSR) on the Escape Lake claims. Under the PAN Agreement, Benton would acquire PAN’s wholly owned Canadian subsidiary, Panoramic PGMs Canada Ltd., which holds the Thunder Bay North Project (the ‘TBN Project’) for $9 million CAD.

Subsequently Benton entered into an agreement with Regency Gold, which later changed its name to Clean Air Metals (TSXV:AIR). Clean Air would pay all remaining payments and complete all commitments under the agreements. Benton received 24.6 million shares of AIR and retains a 0.5 percent net smelter return royalty from production on the Escape Lake Deposit and a 0.5 percent net smelter return royalty from production on any mineral claims comprising the TBN portion of the project where a net smelter royalty has not previously been granted, which includes the Beaver and Cloud Zones plus portions of the Bridge Zone, each being part of the Current Lake deposit excluding the northern portion of the TBN deposit under Current Lake, where there is an existing 3 percent NSR.

Since the closing of the transaction, and in a short period of time, Clean Air has aggressively and efficiently advanced the project with a recent new mineral resource estimate prepared by Nordmin Engineering. It was based on an underground ramp-access constrained resource model with a cut-off value equating to 1.56 g/tonne PdEq (2.56 g/t PtEq) using 3 year trailing average metal prices for all metals except cobalt, which used a 2 year trailing average.

The Current Lake deposit contains an Indicated Mineral Resource of 11,999,177 tonnes grading 3.44 g/t PdEq and an Inferred Mineral Resource of 6,406,960 tonnes grading 2.02 g/t PdEq. The Escape Lake deposit contains an Indicated Mineral Resource of 4,286,220 tonnes grading 3.67 g/t PdEq and an Inferred Mineral Resource of 3,445,179 tonnes grading 2.23 g/t PdEq equating to 1,834,158 ounces PdEq indicated and a total Inferred Resource of 663,660 ounces PdEq.

The TBN project is located 40 km north of the City of Thunder Bay, Ontario and 65 km south of the Lac des Iles palladium mine owned by Impala Canada. Two drills continue to turn, and Clean Air is expected to deliver a PEA in the second quarter of 2021.

Benton has executed an option to joint venture agreement with Rio Tinto Exploration Canada Inc. on the Bark Lake project. Under the terms of the Option, Rio Tinto can earn a 70 percent interest by incurring C$3 million in exploration expenditures and by paying Benton C$50,000 cash over 5 years (the “First Option”). After the First Option period, RTEC may either form a joint venture with Benton on a 70/30 basis or, at its election, increase its interest to 80 percent (the “Second Option”) by spending an additional C$5 million in exploration expenditures over 4 years and by paying Benton C$100,000 cash within 30 days after electing to exercise the Second Option. Upon exercising the Second Option, RTEC may elect to form a joint venture with Benton on an 80/20 basis.

The Bark Lake property hosts widespread greenstone and granitic rock coverage along the Quetico Fault. It is approximately 100 km west of the Escape Lake and Thunder Bay North projects. The Bark Lake property is host to a number of platinum (Pt), palladium (Pd), gold (Au), copper (Cu) and nickel (Ni) showings contained in mineralized ultramafic rock either in outcrop or dozens of mineralized boulders. The mineralized occurrences are situated along the Quetico Fault, a major crustal-scale east west oriented structure. Grab samples collected by Hackl Prospecting have returned grades up to 4.35 g/t Pd, 2.64 g/t Pt, 0.74 g/t Au, 1.2 percent Cu and 0.5 percent Ni. Samples collected by Benton personnel have confirmed significant precious and base metals across the project area. More recent sampling has returned individual assays grading up to 1.5 percent Ni, 1.2 percent Cu, 2.6 g/t Pt, 1.4 g/t Pd and 0.7 g/t Au. Twelve out of the 16 samples taken from the area returned results higher in Platinum than Palladium. Also of particular interest was the discovery of several semi-massive, net-textured sulphide boulders, with one measuring around 1 cubic metre in size and assaying 1.5 percent Ni. The boulders are angular in nature and believed to be located very close to the source.

In order to determine the source of the high-grade boulders, Benton carried out an extensive exploration program on the property including line-cutting, ground magnetics, ground IP, geological mapping and prospecting. The Mag and IP survey helped to define an ultramafic intrusion to the north of the property. Drill targets were defined based on the geophysical interpretation and Benton intersected the ultramafic intrusion in holes BL-08-04 and BL-08-05. Weak mineralization was present in these intersections but not to the same degree as in the boulders.

Subsequent drilling completed by RTEC in 2018 on the Bark Lake project encountered mineralization of 0.31 percent Cu and 0.72 g/t Pt + Pd over 19.2 m (see PR: Benton Receives Results from Rio Tinto on Bark Lake Option, dated May 25, 2018).

Benton has also entered into an option agreement with Rio Tinto Exploration Canada Inc. whereby RTEC will have the right to earn a 100% interest in Benton’s Baril Lake West claims located approximately 5 km west of Benton’s Bark Lake project which is currently under option to RTEC. Pursuant to the terms of the agreement, RTEC can earn 100 percent of the Baril project by paying Benton C$200,000 over 4 years and should RTEC achieve commercial production at the project, will pay Benton an additional C$1,000,000. The Company will also retain a 2 percent Net Smelter Royalty (NSR), 1 percent of which can be purchased by RTEC for C$1,000,000. The Company considers the Baril Lake project to be a favourable setting to potentially host copper-nickel and platinum group metals. Drilling completed by RTEC on it 100 percent owned Baril Lake Project located approximately 700 m east of Benton’s Baril Lake West had discovered a new significant mineralized zone grading 4.78 percent Ni and 0.43 percent Cu over 2.08 m in 2018 (Ontario ENDM Assessment File: 200000017073).

Benton announced on August 11, 2020 that it had entered into an Option Agreement with 2752300 Ontario Inc., a private Ontario company, which has now been acquired by Metallica Metals Corp. (through its ownership of 2752300 Ontario Inc.). The company can earn up to a 100 percent interest in the Project by completing the following:

Metallica, at its election, may then provide the company with the notice that it intends to earn an additional 30 percent interest (taking its interest to 100 percent, subject to underlying NSRs) in the Project by:

Drilling highlights include 5.36 g/t gold over 20m at the Starr zone and 32.0 g/t at the Powel zone.

The Panama Lake gold project is hosted in the prolific Red Lake Mining District and stands 55 km northeast of Ear Falls Township. The property has a limited exploration history with minimal drilling conducted by Noranda Exploration in 1988. The drill campaign yielded results of up to 2.8 g/t gold grades over 4.5 m in a 20 to 30 m wide mineralized shear zone.

Benton’s primary focus is on the highly prospective Panama gold zone on the property. In 2018, a drill campaign opened seven new prospective drill holes for testing and mapping purposes. Indicated gold grades from an adjacent mineralized zone showed 6.17 g/t gold surface sampling with the potential for even higher grades with additional drilling.

Ongoing exploration for the project includes high-resolution heliborne magnetic surveying over the entire Panama project. Data from this program will help add additional exploration targets for further prospecting and potentially drilling.

On October 24, 2019, Benton entered into an option agreement with Maxtech Ventures (MVT), pursuant to which MVT will have the option to earn up to a 100 percent interest in Benton’s 100 percent owned Panama gold project. Under the terms of the Option Agreement, subject to regulatory approval, Maxtech will be required to complete the following:

The Option Agreement contains a 2 km area of influence clause that covers the project’s claim boundary. Benton will retain a 2 percent NSR on the project with MVT having the option to buy back 1 percent for C$1 million. In addition, MVT will issue to Benton an additional 1 million MVT common shares upon completion of its initial NI 43-101 compliant resource calculation as defined in the Option Agreement. Should Maxtech earn a 50 percent interest but elect to earn no additional interest, a 50 percent MVT-50 percent Benton joint venture would then be formed. Alternatively, should Maxtech earn a 70 percent interest in the project but not elect to earn any further interest, a 70 percent MVT and 30 percent Benton joint venture would then be formed according to the terms of the Option Agreement.

The Staghorn gold project is in proximity to Marathon Gold’s flagship Newfoundland project and is being advanced by Quadro Resources. Benton currently has 4.2 million shares of Quadro Resources.

The property has 160 claim units covering 4,000 hectares. With fieldwork already underway, Quadro has the potential to expand exploration efforts on the three recently identified gold-rich systems, which require follow-up drilling. In December 2020, the latest drill campaign totaled 1,696 m with 13 completed drill holes. The exciting discovery of a new gold zone at Marks Pond saw 3.22 g/t gold over 5 m.

Quadro commenced follow-up drilling in February 2021, emphasizing the Marks Pond area. Soil anomalies and ideal winter mining conditions make this next step in exploring the Staghorn project a very promising one.

The Iron Duke gold project is located 20 km east of the past-producing Mattabi/Sturgeon Lake base metal deposits and 30 km south of the past-producing St. Anthony gold mine in Northwestern Ontario. Benton has 100 percent interest in the project via staking.

The property hosts limited exploration history and comprises 47 units in three claims. Past property owners have engaged in some diamond drilling and base metal exploration with reported grades of 0.19 g/t gold at 11.8 m and 1.07 g/t gold at 0.5 m.

The property’s widespread anomalous gold values and potentially unique iron formation horizon merit picking up exploration efforts from past property ownership. The company expects drilling commencement in August 2021 to test previously obtained high-grade trenching sample results.

Stephen Stares is a successful business entrepreneur with over 25 years of mineral exploration experience. His first seven years were spent with Noranda Exploration on such projects as the Hemlo gold mines, Eagle River gold deposit and the Geco and Mattabi base metal camps. The next 10 years of Stares’ career were spent managing Stares Contracting Corp’s operations, a successful mineral exploration services company in Thunder Bay, Ontario.

Since founding the company in 2004, Stares has been president of Benton Resources. He has been directly involved in the start-up of 10 publicly traded companies on the TSX Venture Exchange by assembling projects of merit and raising millions of dollars for these junior exploration companies. Throughout his career, Stares has discovered several major mineral occurrences in Canada that have been the subject of extensive exploration programs.

In March of 2007, Stephen and Michael Stares, along with the rest of the Stares/Keats family, were the proud recipients of the Prospectors and Developers Association (PDAC) Bill Dennis Prospector of the Year Award. This award was given to recognize the family’s contributions to the industry for the past 40 years.

Evan Asselstine received his Honours Bachelor of Commerce Degree from Lakehead University and is a member of the Institute of Chartered Professional Accountants of Ontario. Asselstine has been the CFO of Benton Resources Inc. since its inception in 2012. Prior, he has been the controller and then CFO for Alset Energy Corp. (formerly Benton Capital Corp.) and has served as controller for Metals Creek Resources Corp., a public exploration company, since its inception in January 2008. Prior, Asselstine spent over four years in finance positions in private industry, including over two years as controller for a private land development firm and over seven years working in public accounting, and obtained his Chartered Accountant designation with Ernst & Young LLP in 2002.

Nathan Sims has filled various technical roles at Benton since 2006. A graduate of Lakehead University (HBSc) and Sir Sandford Fleming College (GIS-AS), Sims is the Qualified Person for Benton’s disclosure requirements and is a current member of both the Association of Professional Geoscientists of Ontario (#2009) and the Professional Engineers and Geoscientists Newfoundland & Labrador (#9409).

The 8.4 metre pegmatite dike averaged 0.95% Li2O with grades hitting a high of 1.76% Li2O

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, ("the Alliance") are pleased to report the first assay results from the 1,025 m reconnaissance drilling program, that tested the recently discovered Kraken pegmatite field on the Golden Hope Joint Venture Property in southwestern Newfoundland. The samples were cut from an 8.40 m wide (drilled thickness), spodumene-bearing, pegmatite dike that returned the following assays:

Widths reported are believed to be 90% of true thickness To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/117981_8c6b5b92c4c7b816_003full.jpg

Assay values ranged from 0.08% to 1.76% Li2O reflecting variations of spodumene content, and the presence of occasional barren wall rock or quartz vein inclusions, averaging 0.95% Li2O over 8.40 m from 47.8 to 56.2 m. Other pegmatite dikes ranging from 0.40 m to 2.30 m with variable spodumene content were also intersected in hole GH-22-01 with assays pending. Gold analysis results from the host sericite schist units carrying variable pyrite are also pending. All samples submitted, 1,165 including blanks and standards, for the remainder of GH-22-01 as well as for holes GH-22-02 to 06 are pending.

Golden Hope Project - Kraken Pegmatite Swarm Drilling/Sampling Update

To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/117981_map1.png

The 1,025 m program focused on a 100 m by 150 m area in the vicinity of the initial discovery (see map), which included more than 100 float and outcrop grab samples and composite chip samples, that returned lithium values ranging from 0.05% to 2.37% Li2O. Multiple mineralized, spodumene-bearing dikes were intersected in all drill holes ranging from less than 1.0 m to 8.40 m in drilled thickness (true thicknesses believed to be 90% of drilled thickness), from surface to approximately 50 m vertically below surface. The Kraken pegmatite field has been sampled over a strike length of 2,200 metres and an apparent width of 1,200 metres, and historical assessment work reports pegmatite dikes exposed up to 6 kilometres along trend.

All samples have been shipped to Activation Laboratories in Ancaster, Ontario for multi-element analysis including lithium, tantalum, cesium and other rare/critical metals by Sodium Peroxide Fusion ICPOES + ICPMS. Gold will be analyzed by fire assay.

The property lies along the Bay d'Est fault system, a gold prospective fault structure in southern Newfoundland that extends through the Sokoman/Benton licences. The Alliance continues to evaluate historical data for significant gold and lithium mineralization and will restart ground prospecting and follow-up exploration once weather conditions permit.

Benton's President and CEO Stephen Stares, states: "The first drill hole drilled for lithium on the Island of Newfoundland has confirmed good grades of lithium comparable to other lithium pegmatite systems worldwide. We've barely scratched the surface of this extensive system and we're anxious to get back on the ground, prosecting, sampling, mapping and drilling and completing more regional exploration in general. Both companies are very well financed to execute our upcoming field season plans. I'm confident that this summer will unveil excellent value for our shareholders."

Sokoman's President and CEO Tim Froude, comments: "The Alliance is pleased with the first assays from our recon drilling program at the Kraken pegmatite field. Our objectives for the program were to establish significant lithium values to depth and to better understand the distribution and orientation of the dikes - the results have confirmed our objectives, with grades reported comparing favourably to many global lithium projects currently known. We wish to emphasize that we have just scratched the surface with the exploration to date, and that we have extensive work ahead of us to establish the limits of the dike swarm given that previous workers have reported pegmatites at least six kilometres on trend from the area just drilled. The Alliance is purchasing a camp to facilitate a larger drill program that will be put in place once we receive all required permits. In the meantime, as soon as conditions allow, we will be prospecting and sampling the many reported dike occurrences beyond the area already sampled to establish the true extent of the lithium-enriched dike swarm."

The Alliance has created a short video for this announcement. Investors can watch it HERE.

This news release has been reviewed and approved by Timothy Froude, P. Geo., President and CEO of Sokoman Minerals Corp. a 'Qualified Person' under National Instrument 43-101.

To ensure a working environment that protects the health and safety of the staff and contractors, Benton and Sokoman will continue to use best practices in the course of performing our work programs and will follow any future federal or provincially mandated or recommended COVID-19 guidelines.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Gold, Silver, Nickel, Copper, Lithium, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. In 2021, Benton entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. The company has also entered into a strategic alliance (the Alliance) with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck on the island of Newfoundland. Sokoman now controls independently and through the Alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold district. Sokoman also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

For further information, please contact:

CHF Capital Markets Cathy Hume, CEO Phone: 416-868-1079 x 251 Email:cathy@chfir.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Sokoman Minerals Corp. Timothy Froude, P. Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Website: www.bentonresources.ca, www.sokomanmineralscorp.com Twitter: @BentonResources, @SokomanMinerals Facebook: @BentonResourcesBEX, @SokomanMinerals LinkedIn: @BentonResources, @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Forward-looking statements are subject to a variety of risks and uncertainties which could cause actual events or results to differ from those reflected in the forward-looking statements, including, without limitation: risks related to failure to obtain adequate financing on a timely basis and on acceptable terms; risks related to the outcome of legal proceedings; political and regulatory risks associated with mining and exploration; risks related to the maintenance of stock exchange listings; risks related to environmental regulation and liability; the potential for delays in exploration or development activities or the completion of feasibility studies; the uncertainty of profitability; risks and uncertainties relating to the interpretation of drill results, the geology, grade and continuity of mineral deposits; risks related to the inherent uncertainty of production and cost estimates and the potential for unexpected costs and expenses; results of prefeasibility and feasibility studies, and the possibility that future exploration, development or mining results will not be consistent with the Alliance's expectations; risks related to gold price and other commodity price fluctuations; and other risks and uncertainties related to the Alliance's prospects, properties and business detailed elsewhere in the Alliance's disclosure record. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Alliance does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Alliance's expectations or projections.

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Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that the Company has received approval from the TSX Venture Exchange to close its previously announced non-brokered private placement of flow-through units and non-flow-through units (the "Private Placement") for combined aggregate gross proceeds of approximately $2.4 million (see Company PR dated March 3, 2022).

The Company will issue 6,250,000 flow-through shares units ("FT Units") at a price of $0.2275 per FT Unit, for gross proceeds of $1,421,875. Each FT Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant being exercisable for an additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of $0.20 for 24 months from the date of issue. The FT Units will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

Additionally, the Company will issue 6,250,000 non-flow-through units ("Units") at a price of $0.16 per Unit for aggregate proceeds of up to $1,000,000. Each Unit consists of one common share and one Warrant, each Warrant being exercisable for an additional common share of the Company at an exercise price of $0.20 for 24 months form the date of issue.

Mr. Sprott through 2176423 Ontario Ltd., a corporation that is beneficially owned by him, acquired 12,500,000 Units pursuant to the Offering for a total consideration of $2,000,000, that portion of the financing a "related party transaction" as such term is defined under Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). The Company is relying on exemptions from the formal valuation and minority approval requirements set out in MI 61- 101. The Company is exempt from the formal valuation requirement of MI 61-101 under sections 5.5(a) and (b) of MI 61-101 in respect of the transaction as the fair market value of the transaction, insofar as it involves the interested party, is not more than the 25% of the Company's market capitalization. Additionally, the Company is exempt from minority shareholder approval under sections 5.7(1)(a) and (b) of MI 61-101 as, in addition to the foregoing, (i) neither the fair market value of the Units nor the consideration received in respect thereof from interested party exceeds $2,500,000, (ii) the Company has one or more independent directors who are not employees of the Company, and (iii) all of the independent directors have approved the transaction.

Subsequent to the Offering, Mr. Sprott beneficially owns or controls 22,500,000 common shares of the Company and 17,500,000 Warrants representing approximately 16.2% of the issued and outstanding shares of the Company on a non-diluted basis and approximately 25.6% of the issued and outstanding shares of the Company on a partially diluted basis assuming the exercise of such Warrants. Prior to the Offering, Mr. Sprott beneficially owned or controlled 10,000,000 common shares and 5,000,000 Warrants of the Company representing approximately 7.9% of the outstanding common shares on a non-diluted basis and approximately 11.4% on a partially diluted basis assuming the exercise of such Warrants.

The Units were acquired for investment purposes. Mr. Sprott has a long-term view of the investment and may acquire additional securities including on the open market or through private acquisitions or sell securities including on the open market or through private dispositions in the future depending on market conditions, reformulation of plans and/or other relevant factors.

A copy of the early warning report with respect to the foregoing will appear on the company's profile on the System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and may also be obtained by calling Mr. Sprott's office at (416) 945-3294 (2176423 Ontario Ltd., 200 Bay Street, Suite 2600, Royal Bank Plaza, South Tower, Toronto, Ontario M5J 2J1).

All securities issued pursuant to the Private Placement will be subject to a four-month and a day hold period expiring July 22, 2022.

In connection with the Private Placement, the Company is paying cash finder's fees as permitted by the policies of the TSX Venture Exchange.

The Company will use an amount equal to the gross proceeds received by the Company from the sale of the FT Units, pursuant to the provisions in the Income Tax Act (Canada), to incur eligible "Canadian exploration expenses" that qualify as "flow-through mining expenditures" as both terms are defined in the Income Tax Act (Canada) (the "Qualifying Expenditures") on or before December 31, 2023, and to renounce all the Qualifying Expenditures in favour of the subscribers of the FT Units effective December 31, 2022. The proceeds from the sale of the Units will be used to advance Benton's various exploration projects, and for working capital purposes.

On behalf of the Board of Directors of Benton Resources Inc., "Stephen Stares" Stephen Stares, President

About Benton Resources Inc. Benton Resources is a well-funded Canadian-based project generator with a diversified property portfolio in Gold, Silver, Nickel, Copper, Lithium, and Platinum group elements. Benton holds multiple high-grade projects available for option that can be viewed on the Company's website. Most projects have an up-to-date NI 43-101 Report available.

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

For further information, please contact:

Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/117550

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Sokoman Minerals Corp. (TSXV:SIC)(OTCQB:SICNF) ("Sokoman") and Benton Resources Inc. (TSXV:BEX) ("Benton") together (the "Alliance"), are pleased to announce the results from the maiden drill program at Grey River, Newfoundland. The Alliance reports that the drilling has returned multiple intersections in drill holes covering 5.0 kilometers of strike length and is open in all directions. The results are highlighted by GR-21-01, the easternmost hole drilled, that intersected three distinct gold zones including a high-grade interval of 10.58 gt Au over 1.80 m including 50.13 gt Au over 0.35 m

Historical Au - 0.25 g/t

Surface chip - 134 g/t Au

Historical Au - 3.80 g/t

Surface grab - 0.80 g/t Au

Grey River 2021 Drilling Program Map

Timothy Froude, P. Geo., President and CEO of Sokoman states; "The first drilling that tested the gold potential of this huge system has exceeded our expectations. It is hard to believe that the area has never been drilled for gold even though gold was first reported from the property in the 1980s. In addition to the assays in the table, broad zones of anomalous Au mineralization, from 5 to 250 ppb, were intersected in all holes. More exploration is required to understand the controls on the gold mineralization particularly the high-grade zones which are found in two areas on the property over four kilometers apart. The highest-grade results are from the easternmost hole (GR-21-01) and all the mineralized zones are open in every direction."

Stephen Stares, President and CEO of Benton states; "It is important for shareholders to understand the scale and potential of this project. We've essentially tested random areas of a huge silica zone to see if the system was carrying gold mineralization at depth. This maiden drill program has exceeded our expectations, and not only did we hit gold in every hole over 5 km, but we've also confirmed high grades which is open in all directions. The alliance is very excited to get back working on this project and permitting for a more extensive exploration program including 25 to 30 drill holes is underway. I truly believe this very large (>10 km) silica system could be host to a very significant gold deposit and I can hardly wait to get drills turning again."

Field setup for GR-21-01 - Grey River JV Property

Gold mineralization is associated with extensive silica zones containing 2%-20% disseminated and stringer pyrite in the >10 km quartz/silica body in the eastern half of the property. The higher grades appear to be associated with discreet quartz-sulphide veins that cut the silica body at a low angle. Historic grab samples, and recent grab samples taken by Sokoman and Benton personnel (see September 2, 2021 press release), have given gold values ranging from 5 ppb to 225 g/t Au and drilling has confirmed the gold mineralized zones are extensive. Previously released assay values from GR-21-01 (37.65 g/t Au over 0.35 m) have increased to 50.13 g/t Au over 0.35 m due to re-assaying using the metallic screen method suggesting that free gold is present.

Previous workers have compared the gold mineralization at Grey River to the high-grade Pogo gold mine in the Tintina district of Alaska. The Pogo mine, to the end of 2019, produced 3.9M oz gold at 13.6 g/t Au (Northern Star Resources, November 22, 2021).

Noteworthy of the Grey River project is:

This news release has been reviewed and approved by Timothy Froude, P.Geo., President and CEO of Sokoman Minerals Corp., a 'Qualified Person' under National Instrument 43-101.

To ensure a working environment that protects the health and safety of the staff and contractors, Sokoman and Benton are operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The Company's primary focus is its portfolio of gold projects including the flagship, 100%-owned Moosehead Project, currently the focus of an ongoing 100,000 m drill program, as well as the Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) projects along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, which is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. In 2021, the Company entered into a strategic alliance with Benton Resources Inc. through three large-scale joint venture properties in Newfoundland including Grey River Gold, Golden Hope and the Kepenkeck Properties. Sokoman now controls independently and through the Benton alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold districts. The Company also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the Company has a 100% interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Lithium, Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored

Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on the Alliance's property.

For further information, please contact:

CHF Capital Markets Cathy Hume, CEO Phone: 416-868-1079 x 251 Email:cathy@chfir.com

Sokoman Minerals Corp. Timothy Froude, P.Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Website: www.sokomanmineralscorp.com, www.bentonresources.ca Twitter: @SokomanMinerals, @BentonResources Facebook: @SokomanMinerals, @BentonResourcesBEX LinkedIn: @SokomanMinerals, @BentonResources

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

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Benton Resources Inc. (TSXV: BEX) ("Benton" or the "Company") is pleased to announce that, subject to all regulatory approvals, the Company intends to complete a non-brokered private placement of flow-through units and non-flow-through units (the "Private Placement") for combined aggregate gross proceeds of up to $2.4 million. The Private Placement is expected to close on or before March 25, 2022.

On closing the Company will issue 6,250,000 flow-through shares units ("FT Units") at a price of $0.2275 per FT Unit, for gross proceeds of $1,421,875. Each FT Unit consists of one common share of the Company and one common share purchase warrant (a "Warrant"), each Warrant being exercisable for an additional common share of the Company, each of which will not qualify as a flow-through share, at an exercise price of $0.20 for 24 months from the date of issue. The FT Units will entitle the holder to receive the tax benefits applicable to flow-through shares, in accordance with provisions of the Income Tax Act (Canada).

On closing the Company will also issue 6,250,000 non-flow-through units ("Units") at a price of $0.16 per Unit for aggregate proceeds of up to $1,000,000. Each Unit consists of one common share and one Warrant, each Warrant being exercisable for an additional common share of the Company at an exercise price of $0.20 for 24 months form the date of issue.

As a result of the Private Placement, Eric Sprott will become Benton's largest shareholder, adding 12.5M shares and 12.5M warrants to his current position of 10.0M shares and 5.0M warrants.

All securities issued pursuant to the Private Placement will be subject to a four-month and a day hold period.

In connection with the Private Placement, the Company may pay finders' fees in cash or securities or a combination of both, as permitted by the policies of the TSX Venture Exchange. The Private Placement is subject to approval by the TSX Venture Exchange.

On behalf of the Board of Directors of Benton Resources Inc., "Stephen Stares" Stephen Stares, President

Parties interested in seeking more information about properties available for option can contact Mr. Stares at the number below.

For further information, please contact: Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca Website: www.bentonresources.ca Twitter: @BentonResources Facebook: @BentonResourcesBEX

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/115610

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Five holes completed; multiple spodumene-bearing dikes intersected

Benton Resources Inc. (TSXV: BEX) ("Benton") and Sokoman Minerals Corp. (TSXV: SIC) (OTCQB: SICNF) ("Sokoman") together, ("the Alliance") are pleased to announce the completion of a 1025 m reconnaissance drilling program testing the recently discovered Kraken Pegmatite Field at the Golden Hope Joint Venture Project in southwestern Newfoundland. This represents the first known drill program directly targeting lithium mineralization in the province of Newfoundland and Labrador, Canada.

The five-hole program focused on a 100 m by 100 m area in the vicinityof the initial discovery (map in progress; will be posted asap), which included more than 100 float and outcrop grab samples and composite chip samples, that returned lithium values ranging from 0.05% to 2.37% Li2O. Multiple mineralized, spodumene-bearing dikes were intersected in all drill holes ranging from less than 1 m to approximately 8 m in drilled thickness (true thicknesses are not known at this time), from surface to approximately 50 m vertically below surface.

Spodumene (pale-green needle-shaped crystals) in GH-22-01 (depth shown in metres)

To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/3657/114724_8d713e9bf4384992_003full.jpg

Core logging and sampling are ongoing and are expected to be completed in one week. All samples will be shipped to Activation Laboratories in Ancaster, Ontario for multi-element analysis including lithium, tantalum, cesium, and other rare / critical metals by Sodium Peroxide Fusion ICPOES + ICPMS. The Kraken Pegmatite Field has been sampled over a strike length of 2200 metres and an apparent width of 1200 metres, and historical assessment work suggests the field could extend beyond the current limits. Geological mapping and prospecting will be underway, as soon as conditions allow, to further expand the mineralized dike swarm.

The area lies along the Baie d'Est fault system, a gold prospective fault structure in southern Newfoundland that extends through the Sokoman / Benton licenses. Samples of the host rock for the pegmatite dikes, mainly a foliated sericite schist, carrying strong pyrite mineralization, will be analyzed for Au at Activation Laboratories by the fire assay method. Two types of potential gold mineralization have been noted:

1) Pyrite (1-10%), associated with quartz/tourmaline/pyrite (QTP) veins, similar to the mineralization at the Valentine Gold property of Marathon Gold Corporation, 73 km NE

2) Silicification, with disseminated pyrite, similar to the gold mineralization at the past-producing Hope Brook Gold Mine, located 23 km along trend to the SW

Benton's President and CEO Stephen Stares, states: "Even though we only tested a small portion of the Kraken pegmatites, Benton is quite pleased with the data and understanding received in this current program. It's apparent that the Alliance should establish an onsite camp and use a tracked drill rig to test the scale of the Kraken pegmatite swarm more efficiently. In addition, the large zones of silicification and sulphides are a welcome surprise, and it will be interesting to see if there is gold in this mineralized system. We are excited for the future of this project as we get ready to ramp-up exploration in the coming months."

Sokoman's President and CEO Tim Froude, comments: "The Alliance is extremely pleased with the initial drill program at the Kraken Pegmatite Field and looks forward to receiving the analytical results. Through adverse weather conditions, we were able to complete a 1025 m program in five holes (a sixth hole was collared but was abandoned at 38 m due to poor ground conditions) ranging from 182 m to 224 m in length. We have now taken the first major lithium discovery on the Island of Newfoundland from a surface showing to a drilled prospect with only 5% of the known extent of surface mineralization tested, which remains open in all directions. Future drilling at the Kraken Pegmatite Field will follow compilation of all data including assays, recently flown airborne magnetics, LiDAR, high-resolution aerial photography, and proposed mapping in Q2 2022."

This news release has been reviewed and approved by Timothy Froude, P.Geo., President, and CEO of Sokoman Minerals Corp. a 'Qualified Person' under National Instrument 43-101.

To ensure a working environment that protects the health and safety of the staff and contractors, Benton and Sokoman are operating under federally and provincially mandated and recommended guidelines during the current COVID-19 alert level.

Benton Resources Inc. is a well-funded mineral exploration company listed on the TSX Venture Exchange under the symbol BEX. Following a project generation business model, Benton has a diversified, highly prospective property portfolio in Lithium, Gold, Silver, Nickel, Copper, and Platinum Group Elements and currently holds large equity positions in other mining companies that are advancing high-quality assets. Whenever possible, BEX retains Net Smelter Return (NSR) royalties for potential long-term cash flow. Benton has also recently entered into a 50/50 strategic alliance with Sokoman Minerals Corp. (TSXV: SIC) through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland that are now being explored.

Sokoman Minerals Corp. is a discovery-oriented company with projects in Newfoundland and Labrador, Canada. The company's primary focus is its portfolio of gold projects: flagship, 100%-owned Moosehead, Crippleback Lake (optioned to Trans Canada Gold Corp.) and East Alder (optioned to Canterra Minerals Corporation) along the Central Newfoundland Gold Belt, and the district-scale Fleur de Lys project in northwestern Newfoundland, that is targeting Dalradian-type orogenic gold mineralization similar to the Curraghinalt and Cavanacaw deposits in Northern Ireland, and Cononish in Scotland. The company also recently entered into a strategic alliance with Benton Resources Inc. through three large-scale joint-venture properties including Grey River Gold, Golden Hope and Kepenkeck in Newfoundland. Sokoman now controls independently and through the Benton alliance over 150,000 hectares (>6,000 claims - 1,500 sq. km), making it one of the largest landholders in Newfoundland, Canada's newest and rapidly-emerging gold districts. Sokoman also retains an interest in an early-stage antimony/gold project (Startrek) in Newfoundland, optioned to White Metal Resources Inc., and in Labrador, the company has a 100%-interest in the Iron Horse (Fe) project that has Direct Shipping Ore (DSO) potential.

For further information, please contact:

CHF Capital Markets Cathy Hume, CEO Phone: 416-868-1079 x 251 Email:cathy@chfir.com

Benton Resources Inc. Stephen Stares, President & CEO Phone: 807-475-7474 Email:sstares@bentonresources.ca

Sokoman Minerals Corp. Timothy Froude, P. Geo., President & CEO Phone: 709-765-1726 Email:tim@sokomanmineralscorp.com

Website: www.bentonresources.ca, www.sokomanmineralscorp.com Twitter: @BentonResources, @SokomanMinerals Facebook: @BentonResourcesBEX, @SokomanMinerals LinkedIn: @BentonResources, @SokomanMinerals

THE TSX VENTURE EXCHANGE HAS NOT REVIEWED AND DOES NOT ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/114724

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Teck Resources Limited (TSX: TECK.A and TECK.B, NYSE: TECK) ("Teck") announced today the launch of a Zinc Satellite initiative focused on surfacing value from Teck's portfolio of world-class zinc development assets located in the Americas and Australia, including five substantial zinc resources.

Zinc Satellite will build on the technical and commercial expertise of Teck's Project Satellite team, which has successfully advanced and grown the value of various copper growth projects, including San Nicolás in Mexico and Zafranal in Peru, such that Teck now has the best portfolio of copper growth options in the industry.

"The market outlook for zinc is strong, due to declining production from existing primary zinc mines, underinvestment in global exploration for zinc, and long-term demand driven by decarbonization, which is galvanized steel-intensive," said Don Lindsay, President and CEO. "Zinc Satellite will leverage our successful Project Satellite approach of making prudent investments to advance each asset by identifying pragmatic development options and paths to value. Value could ultimately be realized through a standalone investment, a partnership, or other transaction."

The five Zinc Satellite Projects are:

These projects represent five of the largest 25 undeveloped zinc deposits globally and are all located in stable jurisdictions. We have established work programs and teams to advance these potential zinc growth options with prudent investments to improve our understanding of each asset's potential, and define associated development options and paths to value for each one.

Teck is currently the world's largest net zinc miner based on zinc production from Red Dog in Alaska and Antamina in Peru. We also operate one of the world's largest integrated zinc-lead refineries, located in Trail, B.C.

Forward-Looking Statements This news release contains certain forward-looking information and forward-looking statements as defined in applicable securities laws (collectively referred to as forward-looking statements). These statements relate to future events or our future performance. All statements other than statements of historical fact are forward-looking statements. The use of any of the words "anticipate", "plan", "continue", "estimate", "expect", "may", "will", "project", "predict", "potential", "should", "believe" and similar expressions is intended to identify forward-looking statements. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking statements. These statements speak only as of the date of this news release.

Forward-looking statements in this news release include statements regarding: expectations for Teck's copper and zinc growth projects; the market outlook for zinc; the potential of Teck's copper development properties, the potential to advance each of the Zinc Satellite projects and realize value from them. These forward-looking statements involve numerous assumptions, including, but not limited to, assumptions that future work will result in advancement of any of the Zinc Satellite projects; assumptions regarding the accuracy of our current geological estimates; and assumptions regarding our ability to realize value. Factors that may cause actual results to vary materially include, but are not limited to: future zinc commodity price; inaccurate geological or metallurgical assumptions; unanticipated difficulties in advancing a project; difficult in obtaining or maintaining permits; lack of future funding; and other factors that impact our business generally. The foregoing list of factors is not exhaustive.

We assume no obligation to update forward-looking statements except as required under securities laws. Further information concerning risks and uncertainties associated with these forward-looking statements and our business can be found in our Annual Information Form for the year ended December 31, 2021, filed under our profile on SEDAR ( www.sedar.com ) and on EDGAR ( www.sec.gov ) under cover of Form 40-F, as well as subsequent filings that can also be found under our profile.

About Teck As one of Canada's leading mining companies, Teck is committed to responsible mining and mineral development with major business units focused on copper, zinc, and steelmaking coal, as well as investments in energy assets. Copper, zinc and high-quality steelmaking coal are required for the transition to a low-carbon world. Headquartered in Vancouver, Canada, Teck's shares are listed on the Toronto Stock Exchange under the symbols TECK.A and TECK.B and the New York Stock Exchange under the symbol TECK. Learn more about Teck at www.teck.com or follow @TeckResources .

Teck Media Contact: Chris Stannell Public Relations Manager 604.699.4368 chris.stannell@teck.com

Teck Investor Contact: Fraser Phillips Senior Vice President, Investor Relations and Strategic Analysis 604.699.4621 fraser.phillips@teck.com

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PolyMet Mining Corp. (TSX: POM) (NYSE American: PLM), today filed its financial results for the three months ended March 31, 2022, and provided a business update.

The company made steady progress in litigation, continued its focus on optimization and engineering efforts related to the NorthMet Project, and maintained full compliance with all operating permits during the period, according to Jon Cherry, chairman, president and CEO.

"In the latest court decision, the Minnesota Court of Appeals in January affirmed nearly all aspects of the company's water discharge permit, an indication of steady and meaningful progress," Cherry said.

However, the court ruled that the Minnesota Pollution Control Agency must consider whether any discharges are the "functional equivalent" of a direct surface water discharge. The ruling stems from a U.S. Supreme Court ruling unrelated to PolyMet and issued more than a year after PolyMet's permit was issued. This functional-equivalence analysis is expected to be completed this year and to affirm earlier conclusions.

The water discharge permit is one of only three permits that remain on hold pending additional legal proceedings or regulatory process, which is anticipated to be largely addressed this year. The other two are the Permit to Mine and the federal wetlands (Section 404) permit.

The company made progress on the wetlands permit as the U.S. Army Corps of Engineers completed a three-day section 401(a)(2) hearing under the Clean Water Act on May 5, in Cloquet, Minnesota. The hearing was held to determine if the project will violate water quality requirements within the reservation boundaries of the Fond du Lac Band of Lake Superior Chippewa. State and federal agencies concluded during environmental review and permitting that the project will not affect water quality before reaching the reservation, which is 116 river miles downstream.

"We are confident the Corps will affirm the original conclusions by state and federal agencies that the PolyMet project will meet water quality standards downstream, including at the Fond du Lac boundary," Cherry said. "We are committed to bringing the former taconite site up to modern, safe mining standards and cleaning up legacy issues in the process."

Regarding the Permit to Mine, a contested case hearing by the Minnesota Department of Natural Resources on the effectiveness of bentonite clay at the tailings impoundment is anticipated in the second or third quarter of this year. Several preliminary hearings already have been held.

To date, PolyMet has received favorable decisions in all six cases that have reached final conclusion - four federal and two state. More information on recent court developments can be found on the company's website at www.polymetmining.com/investors/news/ and on its SEDAR and EDGAR profiles.

Key Balance Sheet Statistics (in '000 US dollars)

1 Deficiency at March 31, 2022 primarily due to the $62.7 million convertible debt with Glencore being due March 31, 2023. Glencore has committed to provide financial support to enable the Company to continue its business operations for the next twelve months.

Key Income and Cash Flow Statement Statistics (in '000 US dollars, except per share amounts)

The financial statements have been filed at www.polymetmining.com and on SEDAR and EDGAR and have been prepared in accordance with International Financial Reporting Standards. All amounts are in U.S. dollars. Copies can be obtained free of charge by contacting the company at 444 Cedar Street, Suite 2060, St. Paul, MN 55101, or by e-mail at info@polymetmining.com. Project developments described above are derived from these documents and should be read in conjunction with them.

PolyMet is a mine development company that owns 100% of the NorthMet Project, the first large-scale project to have received permits within the Duluth Complex in northeastern Minnesota, one of the world's major, undeveloped mining regions. NorthMet has significant proven and probable reserves of copper, nickel and palladium - metals vital to infrastructure improvements and global carbon reduction efforts - in addition to marketable reserves of cobalt, platinum and gold. When operational, NorthMet will become one of the leading producers of nickel, palladium and cobalt in the U.S., feeding the supply chain with high-demand, responsibly mined metals crucial to the manufacture of clean energy and clean mobility technologies such as wind and solar generation, battery storage and electric vehicles.

Located in the Mesabi Iron Range, the project will provide economic diversity while leveraging the region's established supplier network and skilled workforce and generate a level of activity that will have a significant effect in the local economy. For more information: www.polymetmining.com.

For further information, please contact:

Media Bruce Richardson, Corporate Communications Tel: +1 (651) 389-4111 brichardson@polymetmining.com

Investor Relations Tony Gikas, Investor Relations Tel: +1 (651) 389-4110 investorrelations@polymetmining.com

This news release contains certain forward-looking statements concerning anticipated developments in PolyMet's operations in the future. Forward-looking statements are frequently, but not always, identified by words such as "expects," "anticipates," "believes," "intends," "estimates," "potential," "possible," "projects," "plans," and similar expressions, or statements that events, conditions or results "will," "may," "could," or "should" occur or be achieved or their negatives or other comparable words. These forward-looking statements may include statements regarding the ability to receive environmental and operating permits, job creation, and the effect on the local economy, or other statements that are not a statement of fact. Forward-looking statements address future events and conditions and therefore involve inherent known and unknown risks and uncertainties. Actual results may differ materially from those in the forward-looking statements due to risks facing PolyMet or due to actual facts differing from the assumptions underlying its predictions.

PolyMet's forward-looking statements are based on the beliefs, expectations and opinions of management on the date the statements are made, and PolyMet does not assume any obligation to update forward-looking statements if circumstances or management's beliefs, expectations and opinions should change.

Specific reference is made to risk factors and other considerations underlying forward-looking statements discussed in PolyMet's most recent Annual Report on Form 40-F for the fiscal year ended December 31, 2021, and in our other filings with Canadian securities authorities and the U.S. Securities and Exchange Commission.

The Annual Report on Form 40-F also contains the company's mineral resource and other data as required under National Instrument 43-101.

No regulatory authority has reviewed or accepted responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/123868

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Hudbay Minerals Inc. ("Hudbay" or the "company") ( TSX, NYSE: HBM) and the U.S. Department of Justice today received a split decision from the U.S. Court of Appeals for the Ninth Circuit (the "Decision"), which affirmed the U.S. District Court for the District of Arizona's ("District Court") decision in July 2019 relating to the Rosemont copper project in Arizona. In the Decision, the Court of Appeals agreed with the District Court's ruling that the U.S. Forest Service relied on incorrect assumptions regarding its legal authority and the validity of Rosemont's unpatented mining claims in the issuance of Rosemont's Final Environmental Impact Statement. While Hudbay reviews the Decision, in any event, the company will continue to pursue its alternative plan to advance its Copper World project.

Since 2019, Hudbay has successfully discovered the Copper World deposits located on patented mining claims adjacent to Rosemont. The company has also acquired a private land package totaling approximately 4,500 acres to support an operation on private lands. The initial technical studies for Copper World have been completed and the results are being incorporated into a Preliminary Economic Assessment ("PEA") contemplating the development of the Copper World deposits in conjunction with an alternative plan for the Rosemont deposit. The PEA is expected to incorporate a two-phase mine plan with the first phase reflecting a standalone operation utilizing Hudbay's private land for processing infrastructure and contemplating mining portions of Copper World and Rosemont located on patented mining claims. The first phase is expected to require only state and local permits and is expected to reflect an approximate 15-year mine life. The second phase of the mine plan is expected to extend the mine life and incorporate an expansion onto federal lands to mine the entire Rosemont and Copper World deposits. The second phase of the mine plan would be subject to the federal permitting process and the company expects it will be able to pursue the federal permits within the constraints imposed by the Decision, if any subsequent appeals are not successful. Hudbay expects the PEA to demonstrate positive economics for this low-cost, long-life copper project and the company is on track to publish the results in a NI 43-101 Technical Report in the second quarter of 2022.

This news release contains forward-looking information within the meaning of applicable Canadian and United States securities legislation. Forward-looking information includes, but is not limited to, Hudbay's expectations regarding the impacts of the decision of the U.S. Court of Appeals for the Ninth Circuit, Hudbay's expectations regarding the preliminary economic assessment of the Copper World project and a potential alternative development plan for the Rosemont deposit and Hudbay's expectations regarding the economics and permitting requirements for the Copper World project. Forward-looking information is not, and cannot be, a guarantee of future results or events. Forward-looking information is based on, among other things, opinions, assumptions, estimates and analyses that, while considered reasonable by the company at the date the forward-looking information is provided, inherently are subject to significant risks, uncertainties, contingencies and other factors that may cause actual results and events to be materially different from those expressed or implied by the forward-looking information.

Should one or more risk, uncertainty, contingency or other factor materialize or should any factor or assumption prove incorrect, actual results could vary materially from those expressed or implied in the forward-looking information. Accordingly, you should not place undue reliance on forward-looking information. Hudbay does not assume any obligation to update or revise any forward-looking information after the date of this news release or to explain any material difference between subsequent actual events and any forward-looking information, except as required by applicable law.

Hudbay (TSX, NYSE: HBM) is a diversified mining company primarily producing copper concentrate (containing copper, gold and silver), zinc metal and silver/gold doré. Directly and through its subsidiaries, Hudbay owns three polymetallic mines, four ore concentrators and a zinc production facility in northern Manitoba and Saskatchewan (Canada) and Cusco (Peru), and copper projects in Arizona and Nevada (United States). The company's growth strategy is focused on the exploration, development, operation and optimization of properties it already controls, as well as other mineral assets it may acquire that fit its strategic criteria. Hudbay's mission is to create sustainable value through the acquisition, development and operation of high-quality, long-life deposits with exploration potential in jurisdictions that support responsible mining, and to see the regions and communities in which the company operates benefit from its presence. The company is governed by the Canada Business Corporations Act and its shares are listed under the symbol "HBM" on the Toronto Stock Exchange, New York Stock Exchange and Bolsa de Valores de Lima. Further information about Hudbay can be found on www.hudbay.com .

For investor and media inquiries, please contact:

Candace Brûlé Vice President, Investor Relations (416) 814-4387 candace.brule@hudbay.com

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TSX: LUN) (Nasdaq Stockholm: LUMI) Lundin Mining Corporation ("Lundin Mining" or the "Company") today announced the voting results from its 2022 Annual Meeting (the "Meeting").

A total of 591,278,834 common shares were voted at the Meeting, representing 80.13% of the votes attached to all outstanding common shares. Shareholders voted in favour of all items of business considered at the Meeting, as follows:

Advisory Vote on the Company's Approach to Executive Compensation

Detailed voting results for the 2022 Meeting are available on SEDAR at www.sedar.com .

Chair of the Board, Lead Director, and Board Committee Appointments

The Board of Directors (the "Board") is pleased to announce the appointment of Mr. Adam Lundin to the Chair of the Board. Mr. Adam Lundin takes on the role following the retirement of Mr. Lukas Lundin from the Board at the Company's 2022 Meeting. Mr. Heppenstall was reappointed as Lead Director.

The Board is also pleased to announce the appointment of Ms. Lam to the Audit Committee and Mr. Charter to the Safety and Sustainability Committee.

The composition of the Committees of the Board are now:

Corporate Governance and Nominating Committee

Catherine J. G. Stefan (Chair)

Lundin Mining is a diversified Canadian base metals mining company with operations and projects in Argentina , Brazil , Chile , Portugal , Sweden and the United States of America , primarily producing copper, zinc, gold and nickel.

The information was submitted for publication, through the agency of the contact persons set out below on May 12, 2022 at 16:30 Eastern Time .

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/May2022/12/c7975.html

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Copper products are widely used in building construction, electrical grids, electronic products, transportation equipment and home appliances.

A member of the holy trinity of metals along with gold and silver, copper has a long history as a critical material for the advancement of human civilization, dating back at least 8,000 years. The only base metal in the triad, copper’s numerous useful properties make it the third most-used industrial metal in the world.

The abundance of copper uses makes the metal a valuable indicator for global economic health, and for that reason the red metal has even earned itself the moniker “Dr. Copper.”

Pure copper is a soft, malleable material that can be molded into a multitude of products. In addition to high corrosion resistance, copper metal has very high thermal conductivity; it also has the second highest electrical conductivity of any metal after silver. These properties make it an ideal material for electrical and electronic products, which represent about three-quarters of the world’s copper consumption.

Copper also forms alloys more freely than most metals, and corrosion-resistant copper alloys are used in many industries, including manufacturing and construction. The red metal is even employed in the medical field to curb the spread of dangerous infections — a use case that is quickly gaining attention.

China is the largest consumer of refined copper and accounted for 54 percent of global copper ore imports in 2020. Industrial nations like Japan, the US, Germany and Spain also rank as significant consumers.

According to the US Geological Survey, the five top copper-producing countries are Chile, Peru, China, the Democratic Republic of Congo and the US. The island nation of Australia and the continent of Africa are also significant sources of copper ore.

Here the Investing News Network highlights copper uses in five industries driving copper demand.

Nearly half of all copper supply makes its way into buildings, from homes to businesses. In fact, one home alone can contain on average 439 pounds of copper. Copper’s malleability makes it easy to solder, and yet it’s strong enough to create the bonds and junctions needed in electrical wiring and plumbing.

Copper tubing has a number of applications and can be found in water pipes, refrigeration lines, heat pumps and HVAC systems. And don’t forget the copper wiring for moving electricity throughout the house and linking to telecommunications and cable networks. Home appliances also contain copper tubing and electrical wires.

Copper’s supreme electrical conductivity properties and abundance as a raw material make it the most efficient and cost-effective metal for electronic products. The red metal is found in the form of electrical wiring and printed circuit boards in the vast majority of today’s consumer electronic products — from cell phones, laptops and TVs to surveillance systems, power tools and robotic vacuum cleaners.

According to Live Science, many new products that use copper are in the research and development stages, including “soft” electronic tools such as electronic paper and wearable biosensors.

The use of copper is also highly prevalent in the transportation sector, including in the fabrication of ships, railways, planes and automobiles.

Copper alloys are standard materials in shipbuilding, from bolts and rivets to propellers and condenser pipes. In the railway industry, the metal is used to manufacture many train parts, including motors, brakes and controls, and can also be found in electric and signal systems. Planes need copper for cooling, hydraulics and navigation, plus electrical systems. In the auto industry, copper is an essential component in brakes, bearings, connectors, motors, radiators and wiring. One conventional vehicle alone can contain as much as 50 pounds of copper.

The growing prevalence of electric vehicles (EVs) is another huge market for copper, as the technology relies heavily on the metal. In fact, each EV requires two to four times more copper than a conventional vehicle. EV charging stations also need large amounts of copper. As a result, analysts expect copper consumption from green energy sectors to grow five-fold by 2030 due to the rise of the EV market.

The industrial machinery and equipment used in many sectors, such as the petrochemical industry, is itself made with copper. This machinery and equipment includes copper pipe systems, electrical motors, evaporators, condensers, heat exchangers, valves and containers for holding corrosive mediums.

Corrosion-resistant copper alloys are critical materials in the fabrication of undersea installations, such as desalination machinery and offshore oil and gas drilling platforms.

As with the EV industry, copper’s cleantech metal status also stems from its use as a raw material to manufacture windmill turbines and solar energy systems.

Although not as sizeable a market as the above-mentioned sectors, the medical field is another industry that relies on copper. This is due in large part to copper’s antimicrobial properties. Research has shown that bacteria, viruses and yeasts cannot survive for long on a copper surface, as the metal interferes with the electrical charge found in microbial cell membranes. The US Environmental Protection Agency has said a copper surface can kill 99.9 percent of bacteria that lands on it within two hours.

To stop the spread of hospital-acquired infections, plastic and other metals are being replaced with copper or copper alloys on frequently touched surfaces, such as countertops, doorknobs, handrails, bedrails, call buttons, chairs and even pens. As per the journal Infection Control & Hospital Epidemiology, replacing hospital surfaces with antimicrobial copper fixtures could reduce the number of hospital-acquired infections by at least 58 percent.

This is an updated version of an article first published by the Investing news Network in 2021.

Don’t forget to follow us @INN_Resource for real-time news updates!

Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.

Turquoise Hill Resources Ltd. (TSX: TRQ) (NYSE: TRQ) ("Turquoise Hill" or the "Company") today announced that the nominees set forth in its management proxy circular dated March 30, 2022 were elected as directors of Turquoise Hill. The detailed results of the vote for the election of directors held at the annual meeting of shareholders, which took place on May 11, 2022, are set out below.

According to votes received, each of the following eight management nominees was elected as a director of Turquoise Hill to hold office until the Company's next annual meeting of shareholders or until the director's successor is elected or appointed, with the following results:

Final results on all matters voted on at the annual meeting of shareholders will be filed on SEDAR.

Turquoise Hill is an international mining company focused on the operation and continued development of the Oyu Tolgoi copper-gold mine in Mongolia, which is the Company's principal and only material mineral resource property. Turquoise Hill's ownership of the Oyu Tolgoi mine is held through a 66% interest in Oyu Tolgoi LLC (Oyu Tolgoi); Erdenes Oyu Tolgoi LLC (Erdenes), a Mongolian state-owned entity, holds the remaining 34% interest.

View source version on businesswire.com: https://www.businesswire.com/news/home/20220506005541/en/

Investors and Media Roy McDowall roy.mcdowall@turquoisehill.com Follow us on Twitter @TurquoiseHillRe

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