Benjamin Hill Mining Corp. announced the completion of two inaugural diamond drill holes and the discovery of porphyry style mineralization at the Alotta copper-gold-molybdenum project in the west-central Yukon. The first two holes tested the south-central portion of an induced polarization, chargeability high with coincident copper and gold in soil anomalies.

The drill program is proposed to continue in May 2024. The diamond drill and most camp equipment will remain on site over the winter. The next planned holes will focus on at least four areas of coincident copper, molybdenum and gold in soil geochemical anomalies that indicate the potential centers of porphyry mineralization.

Drill Holes ALT-23-001/002. Both holes exhibited multiple intrusive phases including intrusive breccias displaying strong biotite alteration, carbonate veining and pyrrhotite, pyrite, chalcopyrite and molybdenite mineralization as interstitial clots and stringers. The photo below is from ALT-23-001, at approximately 17-metre depth illustrates the shreddy brown biotite alteration coincident with interstitial and veinlet style mineralization.

Table 1 provides the collar coordinates, orientation, and final depth for both holes. Hole Name, North, East, Elevation (m), Azimuth, Dip, Length (m), ALT-23-001), ALT-23-002, 623620, 6915860, 315, -60, 424, ALT-23-002. Disseminated and fracture-controlled mineralization in the form of pyrrhotite, Pyrite, chalcopynite and molybdenum mineralization was observed throughout both holes with total sulfide concentrations up to 5% over extensive core lengths.

The exception being a quartz vein in hole ALT-23-002 with semi-massive pyrrhotite with traces of chalcopyrite. Both holes were terminated in mineralization, therefore casing was left in both holes to facilitate extending them this spring if required. When the drill program continues in May the company will focus on four large "Bull's Eye" areas of high copper, gold and molybdenum concentrations in soil samples coincident with geophysical anomalies.

The dashed polyline highlights the area of greatest interest for testing given the occurrence of favorable geochemical and geophysical anomalies. Key Points about the Alotta Project: Similar geological setting to the Casino deposit intrusive complex. The Casino deposit as per Western Copper, June 22, 2021, news release announced a PEA outlining the deposit to host 2.17 billion tonnes of measured and indicated resources contains 7.4 billion lbs.

of copper and 12.7 million ounces of gold. Insitu Gold/Copper/Molybdenum in-soil geochemical anomalies over 4.0 X 1.0 kilometers is larger than the current resource area of the Casino deposit. Magnetic depletion, High total potassium counts from a radiometric survey and Induced Polarization survey results coincides with anomalous geochemistry of gold/copper in soils indicating the occurrence of a large, porphyry related hydrothermal system.

The first two drill holes both confirmed a large, multiphase, porphyry system, bearing copper and molybdenum Mineralization. All split core samples will be analyzed by ALS Laboratories. Assay results are pending.

Management of project by Archer Cathro and Associates, the same company responsible for previous Casino exploration. Archer Cathro, in consultation with Benjamin Hill geologists defined the targets for drill testing.