Highlights, which extended the strike length to nearly 400m at the AGB zone at its Lawyers project in British Columbia, included 2.95m grading 30.2g/t gold and 1,361g/t silver; and 67m at 1.16g/t gold and 30.56g/t silver in a hole 200m to the south.
"Our drilling is demonstrating strong continuity of the mineralising system beyond its previously known extents and identifying historically unrecognised bulk tonnage potential, representing a significant opportunity to add gold and silver ounces to the Lawyers project," CEO John Williamson said.
The company is targeting 5 million gold-equivalent ounces at Lawyers and is fully funded for next year's planned 25,000m of drilling.
Eric Sprott invested C$4 million as part of Benchmark's $7.5 million (US$5.6 million) raising in October, which was priced at 30c per unit and 40c per flow-through share.
Benchmark's share price jumped 18.6% or 5.5c on Friday to close at 35c, capitalising it at $33.2 million (US$25 million).
Its shares have ranged from 16c-45.5c over the past year.