Bendito Resources Announces the Closing of the Mt. Hamilton Project Acquisition

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May 01, 2024, 06:00 ET

RENO, Nev. and TORONTO, May 1, 2024 /PRNewswire/ -- Bendito Resources Inc. ("Bendito" or the "Company") is pleased to announce that it has closed on the previously announced transaction to acquire a 100% interest in the Mt. Hamilton project located in White Pine County, Nevada (the "Mt. Hamilton Project") from Waterton Nevada Splitter, LLC and Waterton Nevada Splitter II, LLC. The Mt. Hamilton Project is a fully permitted project in Nevada with a positive historical feasibility study and boasts numerous exploration targets and expansion potential within the district from the Monte Cristo, Chester, and Shell prospects.

The Company will immediately embark upon the update to the previously reported NI 43-101 Technical Report Feasibility Mt. Hamilton Gold and Silver Centennial Deposit and Seligman Deposit, White Pine County, Nevada dated October 16, 2014, prepared by SRK Consulting (U.S.), Inc. with an effective date of August 14, 2014. This updated technical report will be a refresh but prepared as a pre-feasibility study, which would precede additional drilling and further technical studies for an updated Feasibility Study.

About Bendito Resources Inc.

Bendito Resources Inc. is currently a private mineral resource company formed and led by experienced mining and exploration executives headquartered in Reno, Nevada, USA, and with regional offices in Hermosillo, Sonora, Mexico. The Company fully owns a portfolio of diversified mineral projects in Mexico, including the Alacrán and Oposura projects, and has now completed the acquisition of the Mt. Hamilton Project in Nevada, USA.

For additional information please visit the Company's website at www.benditoresources.com or contact the Company.

Address: 6490 S. McCarran Blvd, Building E, Suite 121, Reno, NV, USA 89509

This news release does not constitute an offer to sell or a solicitation of an offer to buy any of the securities described herein in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the "U.S. Securities Act") or any state securities laws and may not be offered or sold within the United States unless registered under the U.S. Securities Act and applicable state securities laws unless an exemption from such registration is available.

Forward-Looking Statements

This Press Release contains certain forward-looking statements that reflect the current views and/or expectations of management concerning, among other things, performance, business, and future events, including the Company's plans regarding the preparation of a pre-feasibility study and additional drilling and other studies, and the anticipated potential of the Mr. Hamilton Project.

Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates, and forecasts about the business and industry, and markets in which the Company operates. Forward-looking statements are not guarantees of future performance and involve risks, uncertainties, and assumptions that are difficult to predict. Accordingly, readers should not place undue reliance on forward-looking statements and information, which is qualified in their entirety by this cautionary statement. The Company does not undertake any obligation to release publicly any revisions for updating any voluntary forward-looking statements, except as required by applicable securities law.

SOURCE Bendito Resources Inc.