Benz Announces Closing of A$4M Financing
Toronto, Ontario--(Newsfile Corp. - November 13, 2024) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) is pleased to advise that, further to its announcement dated 6 November 2024, it has successfully completed the private placement of 18,181,820 CHESS Depository Interests (CDIs) at a price of A$0.22 per CDI to raise approximately A$4 million (before costs) (Placement). Each CDI represents one underlying common share in the Company on a one for one basis. The Placement was...
2024-11-13 7:45 PM EST
Benz to Acquire WA Gold Projects from Spartan Resources Firm Commitments Received for A$4 Million Placement
HIGHLIGHTS Agreement signed to acquire the Glenburgh Gold Project and the Mt Egerton Gold Project, located in Western Australia, from Spartan Resources Limited (ASX: SPR). Acquisition transforms Benz into a multi-jurisdictional gold focused company, aligned with the Company's strategy of growing and developing high-grade gold assets in top-tier mining regions. Glenburgh has a granted mining lease and a Mineral Resource Estimate of 16.3Mt at 1g/t Au for 510,100 ounces within an 786km2 largely...
2024-11-05 8:13 PM EST
Ruby Hill West 2023 Drill Results
HIGHLIGHTS Results confirm that a significant LCT pegmatite system is present at the Ruby Hill West property. Highlights include:19.5m at 1.13% Li2O from surface (trench sample) 11.1m at 0.56% Li2O from 29.8m 10.7m at 0.67% Li2O from 102.3m 5.5m at 0.76% Li2O from surface (trench sample) 5.01 at 0.95% Li2O from surface (trench sample) Multiple thick LCT pegmatite intersections showing highly fractioned/fertile indicators (K/Rb ratios <50, Mg/Li ratios <10, Nb/Ta ratios &#
2024-02-12 8:40 PM EST
Benz Mining Corp. Announces Results of Annual General and Special Shareholder Meeting
Toronto, Ontario--(Newsfile Corp. - December 7, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) is pleased to announce the results of voting at its Annual General and Special Shareholder Meeting held on Friday, December 8, 2023, at 10am (AWST) in Perth, Australia (the Meeting). All matters submitted to shareholders for approval as set out in the company's Notice of Annual General and Special Meeting of Shareholders and Information Circular dated November 3, 2023, were...
2023-12-07 11:34 PM EST
Benz Appoints Chief Development Officer
Toronto, Ontario--(Newsfile Corp. - December 7, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce the appointment of Mark Lynch-Staunton
2023-12-07 10:19 PM EST
Benz Mining Corp Exercises Option to Acquire 75% Interest in Eastmain Gold Project
Toronto, Ontario--(Newsfile Corp. - October 26, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) is pleased to advise that is has made the final payment of $1,725,000, of which $1,350,000 was paid in cash and the balance by the issuance of 1,237,216 shares, to Fury Gold Mines Limited to acquire a 75% interest in Eastmain Gold Project and a 75% interest in both the Ruby Hill West and Ruby Hill East properties. This payment is in accordance with the terms of the Option...
2023-10-26 9:38 PM EDT
Benz Mining Announces Drill Rig Secured for Upcoming Lithium Drill Program
Highlights Drill rig secured for drill testing lithium pegmatite outcrops at its Ruby Hill West Lithium project in James Bay, Quebec Program consists of approximately 4,000m targeting RHW-1 and RHW-2 and newly discovered M-1 and M-2 lithium pegmatite intrusions with a series of approximately 150m deep holes to verify lateral and depth extent of each system Previous drilling by Benz at RHW-2 intersected 26.4m at 1.01% Li2O from 7.4m including 3.7m at 2.7% Li2O in 2022 Rock chips at M-1 are up...
2023-09-07 8:55 AM EDT
Third Spodumene Bearing Pegmatite Outcrop Discovery Along 25km Trend
Toronto, Ontario--(Newsfile Corp. - August 28, 2023) - Benz Min
2023-08-28 12:01 AM EDT
New High-Grade LCT Pegmatite Discovered at Ruby Hill West, James Bay, Canada
Toronto, Ontario--(Newsfile Corp. - August 3, 2023) - Benz Mining Corp. (TSXV:
2023-08-03 1:57 AM EDT
New High-Grade Gold and Copper Discoveries on the Eastmain Project
Highlights New high-grade discoveries on the Suzanna and Michel prospects, including a new copper-gold discovery at Michel:4.85m at 7.50 g/t Au and 1.91% Cu from 76.65m (EM22-272) 3.40m at 9.32 g/t Au from 264.10m at Suzanna (EM22-260) New discoveries extend the mineralised zones up to 10km along strike from the Eastmain mine which hosts the recently announced 1 million ounce indicated and inferred resource1 Best intercepts to date at Michel and Suzanna indicate that Benz's exploration...
2023-07-27 12:01 PM EDT
Benz Announces Filing of NI 43-101 Technical Report for Previously Announced Eastmain Project Updated Mineral Resource
Toronto, Ontario--(Newsfile Corp. - July 7, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (Benz or the Company) announces that the Company has filed a National Instrument 43-101 technical report in support of the updated Mineral Resource Estimate for the Eastmain Project located in Northern Quebec, which was reported in the Company's news release dated May 24, 2023. The technical Report was prepared in accordance with Canadian Securities Administrators' NI 43-101 Standards off disclosure...
2023-07-07 7:27 PM EDT
Benz Mining Updated Gold Mineral Resource of 621 koz Inferred and 384 koz Indicated at Eastmain
HIGHLIGHTS Updated Independent Mineral Resource Estimate (MRE) in accordance with NI 43-101 guidelines defined on Eastmain Project at a 2.5 g/t Au cut-off ClassificationTonnes (M)
2023-05-23 9:50 PM EDT
Benz Mining Corp. 2023 Diamond Drilling Campaign Underway
HIGHLIGHTS 2023 winter diamond drilling campaign has commenced on the Upper Eastmain Greenstone Belt Project. First drillhole is following up on several gold intersections at the E Zone discovery, including 1.0m at 365.5g/t gold from 81.0m (EM21-229, highest grade to date for Benz). 12,000m of diamond drilling planned including 4,000m exclusively dedicated to critical minerals exploration including lithium, copper and nickel following up maiden drill program intersecting 30m at 0.9% Li2O....
2023-02-01 8:00 AM EST
Benz Mining Corp Makes Changes to Management Team
Perth, Australia--(Newsfile Corp. - January 27, 2023) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) advises that Mr Xavier Braud has resigned from his role as Chief Executive Officer and Head of Corporate Development (Australia), effective immediately. Mr Evan Cranston, Executive Chairman, has agreed to act as the Interim Chief Executive Officer until the Board makes a permanent appointment to the position. The Company has commenced its search for a Managing Director and...
2023-01-27 6:46 AM EST
Benz Mining Announces Results of Annual General and Special Meeting
Toronto, Ontario--(Newsfile Corp. - December 14, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the "Company" or "Benz") is pleased to announce the results of the Company's Annual General and Special Meeting of Shareholders (the "Meeting") held on December 14, 2022 in Perth, Western Australia. At the Meeting, the following directors were re-elected: Evan Cranston, Mathew O'Hara, Nicholas Tintor and Peter Williams. In addition, shareholders of the Company approved the Company's Omnibus...
2022-12-14 12:01 AM EST
12 New Pegmatite Zones Identified at Ruby Hill West
HIGHLIGHTS 12 new pegmatite rich areas associated with greenstone/granite boundaries identified and 45 rock chips samples collected during recent field campaigns 129 additional claims acquired expanding the existing tenement package, adding 20km of additional granite/greenstone contact strike for a total of 90km of contact Pegmatites at Ruby Hill West Lithium discovery announced earlier this year with 26.4m at 1.01% Li2O intersected in maiden drill program 3,822 samples from 2022 exploration...
2022-10-27 8:00 AM EDT
Benz Mining Announces Closing of C$11.9M Financing
Toronto, Ontario--(Newsfile Corp. - September 22, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the "Company" or "Benz") is pleased to advise that, further to its news release issued on September 6, 2022, it has successfully completed a private placement (the "Private Placement") of 16,434,000 common shares in the capital of the Company, consisting of (i) 7,929,317 charity flow-through common shares and 3,945,813 flow through common shares (collectively, the "FT Shares"), and (ii)...
2022-09-22 7:00 AM EDT
Benz Successfully Completes C$12 Million Brokered Private Placement
Toronto, Ontario--(Newsfile Corp. - September 6, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to advise that it has received firm commitments to raise approximately C$11.9
2022-09-06 8:44 AM EDT
Benz Mining: Ruby Hill West Discovery Returns 26.4m At 1.01% Li2O From 7.4M Including 3.7m At 2.7% Li2O
HIGHLIGHTS High grade intercept from near surface in last drillhole of the April 2022 campaign Assays for RHW22-006 returned: 26.4m at 1.01% Li2O, 355ppm Ta2O5, 980ppm Cs, 1601ppm Rb2O from 7.4m; including 12.7m at 1.29% Li2O, 423ppm Ta2O5, 1160ppm Rb2O, 600ppm Cs; and 3.7m at 2.61% Li2O, 579ppm Ta2O5, 1061ppm Rb2O, 441ppm Cs Very high-grade (+2.5% Li2O) with tantalum, rubidium and caesium as
2022-08-02 7:20 AM EDT
Benz Mining: Copper Sulphide Mineralisation at Michel, 5km Along Strike from Eastmain
HIGHLIGHTS Hole EM22-272 intercepted shallow chalcopyrite (copper) mineralisation at Michel prospect Michel prospect is approximately 5km from the current resource and exploration target Drilling targeted a combination of FLEM conductors and DHEM conductors from last winter's 2021 ground FLEM survey Historical holes at Michel did not intercept Benz's recently defined conductors 2010 drilling had returned:1m at 8.2g/t gold from 181.0m (EM10-12) 3.3m at 1.0g/t gold and 0.2% copper from 146.2m...
2022-07-04 7:45 AM EDT