Benchmark Metals : Drills 41.94 Metres of 2.82 gt Gold Equivalent and Expands Mineralization at the AGB Zone

Edmonton - Benchmark Metals Inc. (the 'Company' or 'Benchmark') (TSX-V: BNCH) (OTCQB: CYRTF) (WKN: A2JM2X) is pleased to announce new results from a series of drill holes at the AGB zone where broad zones of mineralization yielded up to 41.94 metres (m) of 1.49 grams per tonne (g/t) gold and 106.84 g/t silver or 2.82 g/t gold equivalent (AuEq) in addition to high-grade intervals of 3.80 m of 11.76 g/t gold and 630.61 g/t silver or 19.64 g/t AuEq.

Current drilling at the AGB Zone has expanded gold-silver mineralization to the west and shows continuity over a +600 metre strike length. Benchmark's flagship gold-silver project is located in a road accessible area of the Golden Horseshoe in north-central British Columbia, Canada.

AGB Highlights

Drilling continues to intersect strong zones of mineralization along the entire 600 metre strike extent of the AGB zone with these new results highlighting the significant resource building potential of this zone in addition to Cliffs Creek and Dukes Ridge.

These new results are extending strong, broad zones of mineralization from surface to >270 m vertical depth and continue to validate our drill targeting.

To date in 2020 61 holes and 11,863 metres have been completed at AGB and property wide Benchmark has surpassed 66,000 m from 319 holes.

Disclosure of additional results will continue through to January 2021 in support of a new Mineral Resource Estimate.

John Williamson, CEO, commented, 'AGB results and visuals continue to indicate that the entire AGB area remains open in all directions. The AGB expansion and definition drilling continues to intersect additional mineralization to the west, south and at depth. This area is providing significant gold-silver material at surface and is in-filling previously unknown mineralization within 270 vertical metres of surface. When 2020 drilling is completed at AGB, we anticipate significant gold-silver ounces from surface to depth that will contribute to the 2021 Mineral Resource Estimate'.

About Benchmark Metals

Benchmark Metals Inc. is a Canadian mineral exploration company focused on proving and developing the substantial resource potential of the Lawyer's Gold-Silver Project, located in the prolific Golden Horseshoe of northern British Columbia, Canada. The Company trades 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.

Benchmark is part of the Metals Group portfolio of companies. Metals Group is an award-winning team of professionals who stand for technical excellence, painstaking project selection, uncompromising corporate governance and a unique ability to pan through the rubble to discover and develop golden opportunities

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Jim Greig

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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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