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
Benz Mining: Highest Grade Gold to Date Confirms Eastmain's Potential to Host a Standalone Gold Project
HIGHLIGHTS Results for remaining diamond holes from 2021 exploration campaign received Assays return high-grade gold from all zones of the Eastmain system identified to date Best intercepts include: 1.0m at 365.5g/t gold from 81.0m (EM21-229, E Zone, highest grade to date for Benz) 6.6m at 9.8g/t gold from 643.9m including 1.1m at 36.7g/t gold (EM21-230, D Zone) 6.2m at 9.7g/t gold from 674.3m including 1.0m at 23.4g/t gold (EM21-182, D Zone) 8.4m at 4.6g/t gold from 578.0m including 1.0m at...
2022-06-07 10:43 AM EDT
Benz Mining Reports Multiple EM Conductors Over 2km by 2km at Southern Anomalies with Sulphide Intersected
HIGHLIGHTS Ground FLEM survey over a small portion of the Southern Anomalies identified three main trends of strong conductivity associated with over 40 modeled EM plates targeting gold mineralization similar to the Eastmain system Drilling of 13 holes confirmed the presence of sulphides associated with all conductors Mineralized altered conglomerates with tourmaline intercepted in several holes in the north conductive trend prospective for gold mineralization Sulphides associated with...
2022-05-19 7:30 AM EDT
Benz Mining Reports Multiple Spodumene Pegmatites Intersected in Maiden Drill Program at Ruby Hill West
HIGHLIGHTS Drilling program at RHW complete with 6 holes drilled for 1,176m Strong visual intercept of 31.3m of spodumene bearing pegmatite from 3.4m in hole RHW22-006 Multiple pegmatites dykes over 200m strike show a possible dyke swarm at Ruby Hill West and confirm the discovery of a new mineral system Drilling targeted spodumene bearing pegmatite under an outcrop which had returned2.59% Li2O, 1970ppm Rb, 1030 ppm Ta and 7530 ppm Cs 1.9% Li2O, 3160ppm Rb, 3820 ppm Cs, 274ppm Ta Five holes...
2022-04-29 9:19 AM EDT
Benz Mining: Soils Anomalies Indicate Strong Multi-Commodity Potential at Ruby Hill East
HIGHLIGHTS Multiple geochemical anomalies identified in 2021 soils sampling Large 3.5km x 2km Cs-Li-Nb-Ta anomaly identified prospective for Lithium-Caesium-Tantalum (LCT) systems at Ruby Hill East complements the lithium prospectivity of the Upper Eastmain Greenstone belt 3km x 2km Co-Cr-Cu-Ni at Ruby Hill East, coincident with interpreted ultramafic units and late intrusions complements the nickel prospectivity of the belt Ruby Hill East anomaly coincident with intrusions and major...
2022-03-17 7:00 AM EDT
Benz Mining: Sulphide and Quartz Veining Identified by Drilling EM Conductors at Placer Lake
Toronto, Ontario--(Newsfile Corp. - March 2, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleas
2022-03-02 7:00 AM EST
Benz Mining Announces Visible Gold Intersected at ~900m Vertical Eastmain Shaping up to Be a Large Gold System
HIGHLIGHTS Mineralised Mine Horizon intercepted between 936.3m to 970.5m (downhole) Visible gold observed at 942.6m (deepest drilling on Project to date) Electromagnetics targeting allowed for wide +100m spaced step-outs drill holes D Zone mineralisation has now been identified over 1,400m downdip / plunge starting near surface and extending to 885.0m vertical depth Geological continuity of the Mine Horizon established over the whole 1,400m Current intercept approximately 500m down dip of...
2022-02-16 8:30 AM EST
Benz Mining: High Grade Lithium at Ruby Hill West
HIGHLIGHTS High grade lithium mineralisation identified over a large outcropping area at Ruby Hill West, with additional high-value credits from rubidium, caesium and tantalum Samples confirmed presence of LCT pegmatite and returned:1.9% Li2O, 3160ppm Rb, >500ppm Cs, 274ppm Ta 1.6% Li2O, 3470ppm Rb, >500ppm Cs, >500ppm Ta 0.8% Li2O, 980ppm Rb, >500ppm Cs, >500ppm Ta 0.5% Li2O, 3810ppm Rb, >500ppm Cs, 324ppm Ta Results extend strike length of previously identified by surface sampling:4.7% Li
2022-02-03 8:30 AM EST
Benz Mining Corp. Announces High Impact Gold and Lithium Exploration Program Underway for 2022
HIGHLIGHTS Drilling underway at Eastmain testing both brownfield and greenfield targets 25,000m of drilling planned for first 6 months (Q1 and Q2) of 2022 Follow up infill and extensional drilling of NW Zone from areas which previously returned: 7.8m at 8.7g/t gold including 1.0m at 32.6g/t gold (EM21-146) 5.5m at 6.1g/t gold including 1.5m at 19.2g/t gold (83CH029) 6.0m at 3.6g/t gold including 1.0m at 10.2g/t gold (EM21-145) 6.0 at 3.3g/t gold including 2.0m at 9.3g/t gold (EM17-126) 3.0m...
2022-01-28 8:30 AM EST
Benz Mining Announces New High-Grade Discovery at D Zone, 7.9m at 35.9g/t Au
HIGHLIGHTS Drill results from wide spaced scout holes at D and E Zones confirm discovery of high-grade mineralised shoots Assays for 13 additional holes received - assay results include: 7.9m at 35.9g/t gold including 1.0m at 268.8g/t gold (EM21-168) 1.5m at 16.4g/t gold (EM21-166) 5.3m at 3.5g/t gold including 1.3m at 6.0g/t gold (EM21-167) 1.0m at 8.34g/t gold (EM21-171) Current drilling considerably extends D Zone's historical footprint with previous results of: 2.2m at 18.1 g/t gold...
2021-12-02 6:58 AM EST
Benz Mining: PhotonAssay Delivers Increase in Reported Gold and Confirms Coarse Gold
HIGHLIGHTS PhotonAssay analysis of 18,143 samples (from 8,500kg of coarse crushed rejects) from the 2020 drilling campaign identifies more high-grade gold Eastmain Gold Project Results include 39% increase in the number of reportable intercepts (>0.2g/t Au) from 84 to 117 80% increase in the number of high-grade intercepts (>8g/t Au) from 5 to 9 85% of reportable samples returned higher gold value by PhotonAssay Exclusivity agreement executed with MSA laboratories which will see the first...
2021-11-03 8:30 AM EDT
Benz Secures Tenure as Part of Upper Eastmain Greenstone Belt Consolidation
HIGHLIGHTS Benz footprint expanded with acquisition of Windy Mountain Project, a western extension of Upper Eastmain Greenstone Belt 69 new claims granted over 36km2 of prospective tenure, adding approximately 10km additional greenstones strike to the Benz portfolio Sulphides (amenable to detection by electromagnetics) identified in outcrops associated with deformed and altered gabbro with quartz veins; outcropping altered metasediments also observed Historical surface samples show anomalous...
2021-10-28 8:30 AM EDT
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 Resources Inc. The...
2021-10-22 6:12 PM EDT
Third Rig at Eastmain, Mineralised Tonalite at E Zone
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to provide
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 Cs Outcrop / 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...
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...
2021-10-04 11:14 PM EDT
Benz Successfully Completes C$10 Million Private Placement
Vancouver, 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 TSXV on 27 August 2021 of C$0.61. The Company was able to issue the Placement shares at a premium as they were issued as Canadian charity...
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...
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 belts Outcropping 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
HIGHLIGHTS Maiden 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...
2021-08-03 6:00 AM EDT