DGAP-News: Benchmark Gold-Silver Exploration Update and COVID-19 Status

Edmonton, Alberta--(Newsfile Corp. - March 26, 2020) - Benchmark Metals Inc. (TSXV: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) (the "Company" or "Benchmark") is supportive of the roles and initiatives of industry and governments to protect the health and safety of all Canadians and will implement all necessary procedures and recommendations due to COVID-19 measures. The Company recognizes that the crisis is dynamic and is monitoring the situation daily to determine the impacts that COVID-19 may have upon its 2020 exploration efforts. The Company is committed to mitigating risks to personnel, stakeholders and shareholders.

John Williamson, CEO, commented, "The well-being of our team, business partners, investors and their communities is our top priority. We have enacted a business continuity plan to safeguard the health and safety of our personnel while ensuring our operations remain unaffected. There has not been any disruption to planned work activities as yet. We are continuously monitoring the progress of COVID-19 developments and will act accordingly for the health and safety of all stakeholders."

Benchmark is in the advanced planning stages of a fully funded, expanded scope of work for the 2020 exploration program. The Program will focus on the definition and expansion of key exploration target areas within a 10km² radiometric anomaly, including exploration drilling at new or previously untested occurrences. The Company continues contingency planning for its fully-funded 2020 work program to deliver 50,000 metres of expansion and definition drilling that will result in a NI43-101 compliant Mineral Resource Estimate. At present, the program is scheduled to begin in June and continue into September.

About Benchmark Metals Inc.

Benchmark is a Canadian mineral exploration company with its common shares listed for trading on the TSX Venture Exchange in Canada, the OTCQB Venture Market in the United States, and the Tradegate Exchange in Europe. Benchmark is managed by proven resource sector professionals, who have a track record of advancing exploration projects from grassroots scenarios through to production.

ON BEHALF OF THE BOARD OF DIRECTORS

s/ "John Williamson"
John Williamson, Chief Executive Officer

For further information, please contact:

Jim Greig
Email: [email protected]
Telephone: +1 604 260 6977

NEITHER 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.

This news release may contain certain "forward looking statements". Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

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News Source: Newsfile