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The Kraken Pegmatite Swarm
An emerging new lithium discovery in
Southwestern Newfoundland
2022
TSXV: BEX | TSXV: SIC | OTCQB: SICNF
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
2
Forward-Looking Statements
During the course of this presentation, Benton Resources Inc. & Sokoman Minerals Corp. ("The Alliance") may make
forward-looking statements with regards to the Alliance’s projects and or business plans. Statements may also be made
with regards to the Alliance’s business strategy, products, partners, and market position which could be construed as
forward-looking. Forward-looking statements are subject to risk and uncertainties that could cause results to be materially
different than expectations.
The presentation has been prepared by the management of the Alliance, and does not represent a recommendation to
buy or sell these securities. Investors should always consult their Investment Advisors prior to making any Investment
Decision.
Intersection widthsare core widths, unless otherwise stated.
Golden Hope Joint Venture – Kraken Lithium Discovery
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
3
KRAKEN Li
Leinster
CarolinaTin
Spodumene
Belt
Newfoundland
The key structural control on lithium districtsis recognized
along the length of the Appalachian – Caledonian Orogen
(Leinster – UK; Piedmont – USA; Kraken – Newfoundland)
Major collisionalboundary
Significant Li resourcesknown in the Carolina
Tin-Spodumene Belt (Piedmont Lithium); and at
Leinster (Ireland)
Promisingnew discovery in Newfoundland - Kraken
APPALACHIAN - CALEDONIAN
(and Variscan)
LCT PEGMATITE-HOSTED LITHIUM
in the North Atlantic Borderlands
Does Newfoundland have potential to
host significantlithium deposits?
Hermitage Flexure part of a major Appalachian
collision zone between Laurentia and Gondwana
Locus of peak Appalachian Siluro-Devonian
magmatism, deformation & metamorphism
Reactivated crustal-scale faults
Thick widespread successions of Silurian
and older metasedimentary country rocks
Greenschist to upper amphibolite
metamorphic rocks
HERMITAGE FLEXURE
GOLD and CRITICAL MINERALS
Li
Cu-Mo
Au
U
W
Au
Au
Au
SIC-BEX
KRAKEN
LITHIUM
PROJECT
Sn-Mo
APPALACHIANOROGEN IN NEWFOUNDLAND
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 4
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
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www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 5
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Golden Hope Joint Venture – Kraken Lithium Discovery
Infrastructure
Kraken Li
5
The high value of
spodumene concentrate is
mostly determinedby great
infrastructure
• Close to paved roads (14 kms)
• High voltage substation at
Grandy’s Brook (10 kms)
• Ice-free deep water port (35
kms)
• Supportive communities
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 6
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Golden Hope Joint Venture – Kraken Lithium Discovery
Infrastructure
6
The high value of
spodumene concentrate
is mostly determinedby
greatinfrastructure
• Close to paved roads (14 kms)
• High voltage substation at Grandy’s
Brook (10 kms)
• Ice-free deep water port (35kms)
• Supportive communities
• Spodumene concentrate can be
easily transported to such places a
piedmont's new facility
Piedmont’s
proposed
Lithiumplant
KrakenLithium
Project
Golden Hope JV – Kraken Lithium Discovery
A 50/50 Joint Venture between Sokoman Minerals Corp.and Benton ResourcesInc.
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
• FirsteverLithium discoveryon the mining friendlyIsland of Newfoundland
• Significantgrades (up to 2.37%Li2Osurface grabs) in pegmatitedykes sampled over a 2 kilometerX 1 kilometer
area – first drill hole returned 8.4m @ 0.95%Li2O on the KrakenDyke and 5.5m@ 1.16%Li2O on the East Dyke
• District-scalepropertyconsistingof > 3,200claims (800sq kms) covering60 kilometersof strike lengthalong key
structure – Bay d’Est Fault in SW Newfoundland
• New Lepidolitedyke discovered12kmNE of Kraken swarm with assays pending
•
• Compilation of historicalexplorationactivitiesidentifiedexcellentpotentialto discoverfurther lithium
rich pegmatitedykes on trend from Krakendiscovery
• Close to paved roads (14 kms), High voltagesubstation (10 kilometers), ice-freedeep-waterport (35 kilometers)
7
Golden Hope JV – Kraken Lithium Discovery
A 50/50 Joint Venture between Sokoman Minerals Corp.and Benton ResourcesInc.
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
• Exploration for lithium in the CarolinaTin-Spodumene Belt (Piedmont Lithium); and at Leinster belt
(Ireland) has been conducted for decades
• First year ever exploration for Lithium on the mining friendlyIsland of Newfoundlandwas 2021
• Lithium deposits in these belts are known to formin multiple clusters
• Significant grades (up to 2.37% Li2O surfacegrabs) in pegmatite dykes sampledover a 2 kilometer X 1
kilometerarea – first drill holes returned 8.4m @ 0.95% Li2O on the Kraken Dyke and 5.5m @ 1.16%
Li2O on the East Dyke
• Over 60km of strike to explore on district-scale property (800 sq kms) which has the potential to host
many more lithium discoveries
8
Kraken Lithium Discovery – The new green future is fast
approaching
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
• How do we unlock valuefor shareholders of Benton and Sokoman?
• Possibilityof spinning out new pure lithiumcompany?
• A new lithium company would be more focused on advancing greenenergymetalsonly
• Easier to tap into governmentincentiveprogramsfor greenenergyinitiatives
• Districtscaleproject with massivepotential, the discoveryof new lepidolitezone12km NE is a testamentof
what’s to be found with future exploration
• Proximityto infrastructurecompared to most known discoveriesin Canada is a massivebonus to the companies,
Close to paved roads (14 kms), High voltagesubstation (10 kilometers), ice-freedeep-waterport (35 kilometers)
9
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 10
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Golden Hope
Joint Venture –
Kraken Lithium
Discovery
10
Multiple untested dykes
with grades exceeding
2%Li2O
Only a small portion of the
Dyke systemtestedto date
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 11
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Golden Hope
Joint Venture –
Kraken Lithium
Discovery
11
Multiple untested
dykes discoveredto
date with some
grades exceeding
2% Li2O
Only a small portion
of the Dyke system
testedto date
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 12
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Tourmaline (Boron) – important
regional indicator - Kraken
has a lot!
Metasedimentary domain
lots of mica - host rock for
Kraken dykes
Numerous granitic plutons
with correct chemistry –
possible parent source of
fluids?
12
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 13
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Kraken Lithium Discovery
Surface Sampling Results
13
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 14
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
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GH-22-01 drills 8.4m
spodumene rich
pegmatite dyke zone
with up to 1.76% Li2O;
0.95% Li2O over full
length
Multiple dykes
intersected in 5-hole
recon program testing
only the discovery
area (~ 100 m
strike) majority of
assayspending
2 kms of known strike
length to be tested
Spodumene – pale green crystals
DDH GH-22-01
Golden Hope Property - Kraken Prospect Diamond Drilling
Hole # Sample From To Length m Li ppm Li2O %
GH-22-01 837062 47.80 48.35 0.55 3020 0.65
GH-22-01 837063 48.35 48.90 0.55 3990 0.86
GH-22-01 837064 48.90 49.75 0.85 5770 1.24
GH-22-01 837065 49.75 50.35 0.60 6380 1.37
GH-22-01 837066 50.35 51.35 1.00 752 0.16
GH-22-01 837067 51.35 51.90 0.55 4370 0.94
GH-22-01 837068 51.90 52.60 0.70 6520 1.40
GH-22-01 837071 52.60 53.40 0.80 8160 1.76
GH-22-01 837072 53.40 54.05 0.65 2220 0.48
GH-22-01 837073 54.05 54.80 0.75 4610 0.99
GH-22-01 837074 54.80 55.30 0.50 372 0.08
GH-22-01 837075 55.30 56.20 0.90 5900 1.27
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 15
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Golden Hope
Joint Venture
15
Trenching showing
multiple stacked and
foldedlithium rich
dykes in the NE end
of Kraken swarm
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 16
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Golden Hope Joint
Venture
First ever drilling on the
main Kraken Dyke
16
Grades exceeding
1% Li2O with a highlight of
8.4m grading 0.95% Li2O.
Hole GH-22-04 was collared
just ahead of main Kraken
dyke, recognizedafter surface
trenching
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 17
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17
Golden Hope Joint
Venture
First ever drilling on the
Kraken Dyke system
Grades exceeding 1%
Li2O with a highlight of 16.2m
grading 0.43% Li2O.
Multiple lithium rich dykes
intercepted
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 18
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Golden Hope Joint
Venture
First ever drilling on the
East Dyke system
18
Multiple stacked lithium rich
dykes
Dykes are wide open for
expansion
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 19
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
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Multiple thick stacked lithium
rich dykes
Dykes are wide open for
expansion
Golden Hope Joint
Venture
First ever drilling on the
East Dyke system
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 20
20
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Kraken Lithium
Discovery
20
- New soil geochem
survey pinpointed
known mineralized
zones
- Many new soil
anomalies have been
identifiedwith the
survey
- Regional sampling
will be completedover
the entire 60km of the
property
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 21
21
Soil geochemproving
to be very effective
exploration tool
21
Soils pinpointed
known lithium dykes
While proving to
identify new targets
and zones
New discovery of Lepidolitedyke
12km NE of Kraken with tremendous
potential betweenand along the
granite-sedimentcontact
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 23
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TSXV: BEX | TSXV: SIC | OTCQB:SICNF
23
2022-23 Aggressive
field program
- Extensive prospecting
and soil sampling
- Geological mapping,
trenching and minimum
20,000mdrill program
Golden Hope Joint Venture Kraken Lithium Prospect
MOVING FORWARD
www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 24
24
TSXV: BEX | TSXV: SIC | OTCQB:SICNF
Acknowledgements
Zsuzsanna Magyarosi– GSNL
Heather Campbell – GSNL
Sean O’Brien – Far EasternGeoscience
Steve Stares – Benton Resources Inc.
Newfoundland Helicopters
Springdale ForestResources
South Coast Construction Inc.
THANK YOU!
tim@sokomanmineralscorp.com
stares@bentonresources.com
24

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Benton & Sokoman Kraken (Lithium) Presentation - October 2022

  • 1. The Kraken Pegmatite Swarm An emerging new lithium discovery in Southwestern Newfoundland 2022 TSXV: BEX | TSXV: SIC | OTCQB: SICNF
  • 2. TSXV: BEX | TSXV: SIC | OTCQB:SICNF 2 Forward-Looking Statements During the course of this presentation, Benton Resources Inc. & Sokoman Minerals Corp. ("The Alliance") may make forward-looking statements with regards to the Alliance’s projects and or business plans. Statements may also be made with regards to the Alliance’s business strategy, products, partners, and market position which could be construed as forward-looking. Forward-looking statements are subject to risk and uncertainties that could cause results to be materially different than expectations. The presentation has been prepared by the management of the Alliance, and does not represent a recommendation to buy or sell these securities. Investors should always consult their Investment Advisors prior to making any Investment Decision. Intersection widthsare core widths, unless otherwise stated.
  • 3. Golden Hope Joint Venture – Kraken Lithium Discovery TSXV: BEX | TSXV: SIC | OTCQB:SICNF 3 KRAKEN Li Leinster CarolinaTin Spodumene Belt Newfoundland The key structural control on lithium districtsis recognized along the length of the Appalachian – Caledonian Orogen (Leinster – UK; Piedmont – USA; Kraken – Newfoundland) Major collisionalboundary Significant Li resourcesknown in the Carolina Tin-Spodumene Belt (Piedmont Lithium); and at Leinster (Ireland) Promisingnew discovery in Newfoundland - Kraken APPALACHIAN - CALEDONIAN (and Variscan) LCT PEGMATITE-HOSTED LITHIUM in the North Atlantic Borderlands
  • 4. Does Newfoundland have potential to host significantlithium deposits? Hermitage Flexure part of a major Appalachian collision zone between Laurentia and Gondwana Locus of peak Appalachian Siluro-Devonian magmatism, deformation & metamorphism Reactivated crustal-scale faults Thick widespread successions of Silurian and older metasedimentary country rocks Greenschist to upper amphibolite metamorphic rocks HERMITAGE FLEXURE GOLD and CRITICAL MINERALS Li Cu-Mo Au U W Au Au Au SIC-BEX KRAKEN LITHIUM PROJECT Sn-Mo APPALACHIANOROGEN IN NEWFOUNDLAND www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 4 4 TSXV: BEX | TSXV: SIC | OTCQB:SICNF 4
  • 5. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 5 5 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Infrastructure Kraken Li 5 The high value of spodumene concentrate is mostly determinedby great infrastructure • Close to paved roads (14 kms) • High voltage substation at Grandy’s Brook (10 kms) • Ice-free deep water port (35 kms) • Supportive communities
  • 6. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 6 6 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Golden Hope Joint Venture – Kraken Lithium Discovery Infrastructure 6 The high value of spodumene concentrate is mostly determinedby greatinfrastructure • Close to paved roads (14 kms) • High voltage substation at Grandy’s Brook (10 kms) • Ice-free deep water port (35kms) • Supportive communities • Spodumene concentrate can be easily transported to such places a piedmont's new facility Piedmont’s proposed Lithiumplant KrakenLithium Project
  • 7. Golden Hope JV – Kraken Lithium Discovery A 50/50 Joint Venture between Sokoman Minerals Corp.and Benton ResourcesInc. TSXV: BEX | TSXV: SIC | OTCQB:SICNF • FirsteverLithium discoveryon the mining friendlyIsland of Newfoundland • Significantgrades (up to 2.37%Li2Osurface grabs) in pegmatitedykes sampled over a 2 kilometerX 1 kilometer area – first drill hole returned 8.4m @ 0.95%Li2O on the KrakenDyke and 5.5m@ 1.16%Li2O on the East Dyke • District-scalepropertyconsistingof > 3,200claims (800sq kms) covering60 kilometersof strike lengthalong key structure – Bay d’Est Fault in SW Newfoundland • New Lepidolitedyke discovered12kmNE of Kraken swarm with assays pending • • Compilation of historicalexplorationactivitiesidentifiedexcellentpotentialto discoverfurther lithium rich pegmatitedykes on trend from Krakendiscovery • Close to paved roads (14 kms), High voltagesubstation (10 kilometers), ice-freedeep-waterport (35 kilometers) 7
  • 8. Golden Hope JV – Kraken Lithium Discovery A 50/50 Joint Venture between Sokoman Minerals Corp.and Benton ResourcesInc. TSXV: BEX | TSXV: SIC | OTCQB:SICNF • Exploration for lithium in the CarolinaTin-Spodumene Belt (Piedmont Lithium); and at Leinster belt (Ireland) has been conducted for decades • First year ever exploration for Lithium on the mining friendlyIsland of Newfoundlandwas 2021 • Lithium deposits in these belts are known to formin multiple clusters • Significant grades (up to 2.37% Li2O surfacegrabs) in pegmatite dykes sampledover a 2 kilometer X 1 kilometerarea – first drill holes returned 8.4m @ 0.95% Li2O on the Kraken Dyke and 5.5m @ 1.16% Li2O on the East Dyke • Over 60km of strike to explore on district-scale property (800 sq kms) which has the potential to host many more lithium discoveries 8
  • 9. Kraken Lithium Discovery – The new green future is fast approaching TSXV: BEX | TSXV: SIC | OTCQB:SICNF • How do we unlock valuefor shareholders of Benton and Sokoman? • Possibilityof spinning out new pure lithiumcompany? • A new lithium company would be more focused on advancing greenenergymetalsonly • Easier to tap into governmentincentiveprogramsfor greenenergyinitiatives • Districtscaleproject with massivepotential, the discoveryof new lepidolitezone12km NE is a testamentof what’s to be found with future exploration • Proximityto infrastructurecompared to most known discoveriesin Canada is a massivebonus to the companies, Close to paved roads (14 kms), High voltagesubstation (10 kilometers), ice-freedeep-waterport (35 kilometers) 9
  • 10. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 10 10 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Golden Hope Joint Venture – Kraken Lithium Discovery 10 Multiple untested dykes with grades exceeding 2%Li2O Only a small portion of the Dyke systemtestedto date
  • 11. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 11 11 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Golden Hope Joint Venture – Kraken Lithium Discovery 11 Multiple untested dykes discoveredto date with some grades exceeding 2% Li2O Only a small portion of the Dyke system testedto date
  • 12. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 12 12 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Tourmaline (Boron) – important regional indicator - Kraken has a lot! Metasedimentary domain lots of mica - host rock for Kraken dykes Numerous granitic plutons with correct chemistry – possible parent source of fluids? 12
  • 13. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 13 13 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Kraken Lithium Discovery Surface Sampling Results 13
  • 14. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 14 14 TSXV: BEX | TSXV: SIC | OTCQB:SICNF 14 GH-22-01 drills 8.4m spodumene rich pegmatite dyke zone with up to 1.76% Li2O; 0.95% Li2O over full length Multiple dykes intersected in 5-hole recon program testing only the discovery area (~ 100 m strike) majority of assayspending 2 kms of known strike length to be tested Spodumene – pale green crystals DDH GH-22-01 Golden Hope Property - Kraken Prospect Diamond Drilling Hole # Sample From To Length m Li ppm Li2O % GH-22-01 837062 47.80 48.35 0.55 3020 0.65 GH-22-01 837063 48.35 48.90 0.55 3990 0.86 GH-22-01 837064 48.90 49.75 0.85 5770 1.24 GH-22-01 837065 49.75 50.35 0.60 6380 1.37 GH-22-01 837066 50.35 51.35 1.00 752 0.16 GH-22-01 837067 51.35 51.90 0.55 4370 0.94 GH-22-01 837068 51.90 52.60 0.70 6520 1.40 GH-22-01 837071 52.60 53.40 0.80 8160 1.76 GH-22-01 837072 53.40 54.05 0.65 2220 0.48 GH-22-01 837073 54.05 54.80 0.75 4610 0.99 GH-22-01 837074 54.80 55.30 0.50 372 0.08 GH-22-01 837075 55.30 56.20 0.90 5900 1.27
  • 15. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 15 15 Golden Hope Joint Venture 15 Trenching showing multiple stacked and foldedlithium rich dykes in the NE end of Kraken swarm
  • 16. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 16 16 Golden Hope Joint Venture First ever drilling on the main Kraken Dyke 16 Grades exceeding 1% Li2O with a highlight of 8.4m grading 0.95% Li2O. Hole GH-22-04 was collared just ahead of main Kraken dyke, recognizedafter surface trenching
  • 17. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 17 17 17 Golden Hope Joint Venture First ever drilling on the Kraken Dyke system Grades exceeding 1% Li2O with a highlight of 16.2m grading 0.43% Li2O. Multiple lithium rich dykes intercepted
  • 18. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 18 18 Golden Hope Joint Venture First ever drilling on the East Dyke system 18 Multiple stacked lithium rich dykes Dykes are wide open for expansion
  • 19. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 19 19 TSXV: BEX | TSXV: SIC | OTCQB:SICNF 19 Multiple thick stacked lithium rich dykes Dykes are wide open for expansion Golden Hope Joint Venture First ever drilling on the East Dyke system
  • 20. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 20 20 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Kraken Lithium Discovery 20 - New soil geochem survey pinpointed known mineralized zones - Many new soil anomalies have been identifiedwith the survey - Regional sampling will be completedover the entire 60km of the property
  • 21. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 21 21 Soil geochemproving to be very effective exploration tool 21 Soils pinpointed known lithium dykes While proving to identify new targets and zones
  • 22. New discovery of Lepidolitedyke 12km NE of Kraken with tremendous potential betweenand along the granite-sedimentcontact
  • 23. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 23 23 TSXV: BEX | TSXV: SIC | OTCQB:SICNF 23 2022-23 Aggressive field program - Extensive prospecting and soil sampling - Geological mapping, trenching and minimum 20,000mdrill program Golden Hope Joint Venture Kraken Lithium Prospect MOVING FORWARD
  • 24. www.sokomanmineralscorp.com | TSXV:SIC | OTCQB: SICNF 24 24 TSXV: BEX | TSXV: SIC | OTCQB:SICNF Acknowledgements Zsuzsanna Magyarosi– GSNL Heather Campbell – GSNL Sean O’Brien – Far EasternGeoscience Steve Stares – Benton Resources Inc. Newfoundland Helicopters Springdale ForestResources South Coast Construction Inc. THANK YOU! tim@sokomanmineralscorp.com stares@bentonresources.com 24