Benz Mining Corp.

Recent News

  • Benz Mining Corp. Announces Property Payment

    Vancouver, British Columbia--(Newsfile Corp. - October 22, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the "Company" or "Benz"), is pleased to announce that it has made a $260,000 payment, of which $150,000 was paid in cash and the balance by the issuance of 174,658 shares, to Fury Gold Mines Limited. This payment is in accordance with the terms of the Option Agreement dated August 7, 2019, as amended on April 30, 2020 (the "Agreement"), between Benz and Eastmain...

    2021-10-22 6:12 PM EDT
  • Third Rig at Eastmain, Mineralised Tonalite at E Zone

    HIGHLIGHTSThird drill rig on site adding to the two already in operation at Eastmain Drilling capacity increased to c.1,500m/week - 38,000m drilled to date, on track to achieve the 2021 plan of 50,000mDrilling targeting DHEM conductors down-plunge of A and C Zones and extensions to E ZoneOver 15,000 samples from 52 drillholes awaiting assays New style of mineralisation discovered at E Zone associated with a tonalite intrusion located structurally between the Kotak and Mine trend with visible gold observedToronto, Ontario--(Newsfile...

    2021-10-20 8:30 AM EDT
  • Benz Mining: Lithium Pegmatite at Ruby Hill West

    HIGHLIGHTS Ruby Hill West Lithium Caesium Tantalum (LCT) pegmatite occurrence confirmed with historical rock chips samples including:4.72%Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs)2.59% Li2O, 1970ppm Rb, 1030 ppm Ta and 7530 ppm CsOutcrop / sub-outcrop over 100m x 40m open in all directions Additional rock chips samples collected by Benz have been sent for analysis Area covered by shallow glacial till and vegetation - scraping and trenching pending permits, helicopter and equipment availabilityMagnetics shows multiple magnetic "lows" over a...

    2021-10-14 8:30 AM EDT
  • Benz Appoints a New Chief Financial Officer

    Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) announces the appointment of Mr. Simon Sharp as Chief Financial Officer, effective October 1, 2021. Mr. Sharp, who is based in Montreal, is a member of the Institute of Chartered Accountants in England and Wales, and also Australia. He has over 25 years' experience in senior roles providing financial reporting and accounting services to numerous public companies both in Canada...

    2021-10-04 11:14 PM EDT
  • Benz Successfully Completes C$10 Million Private Placement

    HIGHLIGHTSC$10 million raised with the issue of 9,090,909 shares Proceeds will be used to fund exploration at the Eastmain Project, QuebecVancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to advise that has raised C$10 million (before costs) from the placement of 9,090,909 shares at a price of C$1.10 per share (Placement) which represents an 80% premium to the last closing price of Benz shares on the...

    2021-08-31 6:38 AM EDT
  • Benz Mining Corp. Announces Non-Brokered Private Placement of C$10,000,000

    Vancouver, British Columbia--(Newsfile Corp. - August 27, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ), (the "Company" or "Benz"), is pleased to announce that it has entered into a subscription agreement with Peartree Securities for the issuance of 9,090,909 common shares by way of private placement to be issued on a flow-through basis (the "FT Shares") at a price of C$1.10 per share for gross proceeds of $10,000,000 (the "Offering").The gross proceeds received by the Company from the sale...

    2021-08-27 5:06 PM EDT
  • Benz Mining Announces Maiden Regional Exploration Campaign Confirms Multiple Commodity Potential for Upper Eastmain Greenstone Belt

    HIGHLIGHTS Regional exploration summer work confirms numerous mineral occurrences across Benz tenement package typical from Archean greenstone beltsOutcropping lithium (spodumene) bearing pegmatite at Ruby Hill West with historic rock chips samples assay results from a 60m x 25m outcrop including:4.72%Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs)2.15% Li2O, 990 ppm Rb (>100ppm Ta, >500ppm Cs)1.97% Li2O, 3660 ppm Rb (>100ppm Ta, >500ppm Cs)1.10% Li2O, 710 ppm Rb (>100ppm Ta, >500ppm Cs)

    2021-08-26 8:45 AM EDT
  • Benz Mining Announces New High Grade Gold Shoot Identified at North West Zone at Eastmain Gold Project

    HIGHLIGHTSMaiden broad spaced scout drilling into North West (NW) Zone (600m from current resource) has highlighted the potential for a new high grade gold shoot Assays for the first 17 holes of 2021 received - assay results include: 3.0m at 16.6g/t gold including 1.5m at 32.8g/t gold (EM21-143) 7.8m at 8.7g/t gold including 1.0m at 32.6g/t gold (EM21-146)6.0m at 3.6g/t gold including 1.0m at 10.2g/t gold (EM21-145)3.0m at 5.2g/t gold including 1.0m at 15.0g/t gold (EM21-159)6.6m at 3.1g/t gold...

    2021-08-03 6:00 AM EDT