Benz Mining: PhotonAssay of 2020 Core Underway in Perth
HIGHLIGHTS Reject samples from the 2020 drilling campaign have arrived at MinAnalytical in Perth, Western Australia for analysis by PhotonAssay Samples had been integrated in the laboratory schedule ahead of delivery to allow for immediate start at reception and analysis has started Whole rock analysis to be conducted capturing visible gold, observed in core and potentially not reflected in standard fire assays Historical analysis from 2010/11 programs highlighted that fire assays under...
2021-07-07 11:08 AM EDT
Benz Mining: Multiple New Conductors Open Eastmain to the North
HIGHLIGHTS FLEM identify multiple conductors 2.5km north of the Eastmain Mine at Placer Lake Conductors extend over strike length of approximately 2km and coincident with historical rock chip samples of 8.3g/t gold at surface and untested by drilling Total strike length of conductors exceeds 6km highlighting the potential scale of the district In excess of 130 FLEM and DHEM modelled conductors have been identified by Benz Mining Placer Lake conductors will be tested as part of ongoing 50km...
2021-05-26 8:30 AM EDT
Benz Mining: Electro-Magnetics Extend Mineralised Trends to the East, Confirmed by Visible Gold in Drilling
Toronto, Ontario--(Newsfile Corp. - May 5, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to give an update on results of the 2021 geophysical survey conducted at Loop G and preliminary observations from core recen
2021-05-05 8:30 AM EDT
Second Rig on Site and Drilling to Accelerate 50,000m Exploration Campaign
Toronto, Ontario--(Newsfile Corp. - April 23, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to give an update on activities at the Eastmai
2021-04-23 9:00 AM EDT
Benz Mining: Drilling EM Conductors at NW Zone Returns Visible Gold
HIGHLIGHTS 10 holes +4,000m of drilling completed since the beginning of 2021 Targeting FLEM and DHEM conductors identified in 2020 EM campaign Drilling confirmed the presence of a mineralized horizon below A Zone with strong visual mineralization intersected approximately 150m below the existing resource This target is approximately 2km along strike from D Zone that previously intersected Nisto Trend (3.8m at 8.5g/t gold discovery hole) Strong off-hole DHEM conductors to be further tested...
2021-03-04 7:30 AM EST
Benz Mining: Assays Confirm the Discovery of 2 New Trends at Eastmain
HIGHLIGHTS Assays for Benz's maiden 2020 drilling campaign received and processed Several high-grade (+8.0g/t gold) intervals and individual assays values up to 85.0g/t Au Second new parallel trend identified with discovery hole EM20-132 drilled into a FLEM anomaly returning 5.0m at 8.3g/t Au including 3.0m at 13.7g/t Au Third trend below the mine sequence discovered in hole EM20-141 with 7.2m at 4.6g/t Au including 3.8m at 8.5g/t Au and 0.4m at 85.0g/t Au Extensions to existing resource...
2021-02-11 9:00 AM EST
Benz Mining: 50,000m Diamond Drilling Program and Large Surface EM Survey Underway at Eastmain
Toronto, Ontario--(Newsfile C
2021-01-18 9:00 AM EST
Benz Mining: Electromagnetics Identify New Conductive Trend in Footwall of Eastmain Mine
Toronto, Ontario--(Newsfile Corp. - January 13, 2021) - Benz Mining Corp. (TSXV: BZ) (AS
2021-01-13 9:25 AM EST
Highly Successful Maiden Exploration Campaign Identifies New Mineralized Trend at Eastmain
HIGHLIGHTS Maiden 7,110m, 12-hole diamond drill program successfully completed at Eastmain Drilling targeted a combination of fixed-loop and borehole electromagnetic conductors identified in the recent geophysics campaigns 110 line-km FLEM survey identified multiple conductors along strike of the known Eastmain Mine mineralization and highlighted potential structural repeats and new parallel mineralized horizons BHEM in 38 historical drill holes identified target extensions to known...
2020-12-22 9:02 PM EST
Benz Mining Corp. Completes Prospectus for Its Proposed Listing on the Australian Securities Exchange
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it has lodged a Prospectus with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange ("ASX"). As previously announced on September 28, 2020, under the Prospectus, the Company will issue 4,000,000 shares ("Offer Shares") at an issue price of A$0.50 per Offer Share...
2020-11-13 9:12 PM EST
Benz Mining Corp. Announces Closing of its Oversubscribed Offering of Flow-Through Units and Hard Dollar Units
Vancouver, British Columbia--(Newsfile Corp. - October 30, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it has closed its previously announced private placement (the "Offering") of 14,857,142 flow-through units at $0.875 (the "FT Units") and 400,000 hard dollar units at $0.55 (the "HD Units") for aggregate gross proceeds of $13,219,999.25. Each FT Unit and HD Unit consists of one (1) common share of the Company (a "Share") and 0.5 common share...
2020-10-30 7:38 AM EDT
Benz Mining Corp. Announces Property Payment
Vancouver, British Columbia--(Newsfile Corp. - October 23, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it has made a $250,000 payment, of which $150,000 was paid in cash and the balance by the issuance of 124,177 shares, to Fury Gold Mines Ltd. 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 shares will be...
2020-10-23 5:00 PM EDT
Benz Mining Corp. Announces Stock Option Grant
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), announces that it has granted an aggregate of 3.9 million incentive stock options to certain directors, officers and consultants of Benz at an exercise price of $0.64 per share for a period of three years. The incentive stock options are governed by the terms of the Company's 10% rolling stock option plan and have been issued in accordance with the policies of the TSX...
2020-10-22 5:00 PM EDT
Benz Mining Corp. Announces Upsize to Previously Announced Private Placement of Flow Through Shares
Vancouver, British Columbia--(Newsfile Corp. - October 9, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it intends to upsize its previously announced non brokered private placement to an aggregate of up to 14,857,143 units on a flow through basis (up from 11,500,000 units) at a price of $0.875 per unit for gross proceeds of up to C$13,000,000. Each FT Unit will consist of one common share of the Company and 0.5 common share purchase warrant (a...
2020-10-09 8:51 AM EDT
Benz Mining Corp. Announces Non-Brokered Private Placements of up to C$10,262,000
Vancouver, British Columbia--(Newsfile Corp. - September 28, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce a non-brokered private placement of up to 11,500,000 units issued on a flow-through basis (the "FT Units") at a price of $0.875 per Unit for gross proceeds of up to $10,062,500 (the "Offering"). Each FT Unit will consist of one common share of the Company and 0.5 common share purchase warrant (a "Warrant"). Each Warrant will entitle the holder to...
2020-09-28 8:00 AM EDT
Benz Mining Corp. Announces Appointments to the Board, Management and Senior Technical Team
Vancouver, British Columbia--(Newsfile Corp. - September 16, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it has appointed two highly experienced directors to the board along with three senior executives with significant gold sector expertise to assist the Company as it transitions towards a dual listing on the ASX and developing the high-grade Eastmain gold mine project in Quebec. Board and Management Appointments Mr Evan Cranston has been...
2020-09-16 5:00 PM EDT
Benz Mining Corp. Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - August 7, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), announces that Mr. Miloje Vicentijevic has resigned from his role as non-executive director for personal reasons, effective immediately. As previously advised, in line with the Company's application to list on the Australian Stock Exchange, additional appointments to the board and management will be made, with further details to be released shortly. The Company also wishes...
2020-08-07 4:10 PM EDT
Benz Mining Corp. Corporate Update
Vancouver, British Columbia--(Newsfile Corp. - July 16, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz") announces the following changes to its management team and to the Company's board of directors. Mr. Ron Hall and Mr. Carlos Escribano have agreed to step down from the Company's board of directors, effective immediately. Mr. Escribano will continue to act as the Company's CFO, providing financial reporting and accounting services to Benz. Mr. Miloje Vicentijevic has resigned...
2020-07-16 5:05 PM EDT
Benz Mining Corp. Starts Exploration Program at Eastmain Gold Project in Quebec
Vancouver, British Columbia--(Newsfile Corp. - June 29, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that field crews are being mobilized this week to begin the Company's first phase exploration program on the high grade Eastmain gold mine project in Quebec. Located 316 km northeast of Chibougamau, Quebec, the Eastmain gold project, including the Ruby Hill West and East concessions, totals more than 22,100 hectares of ground in the highly prospective...
2020-06-29 9:10 AM EDT
Benz Mining Corp. Completes $3.6 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - June 2, 2020) - Benz Mining Corp. (TSXV: BZ) (the "Company" or "Benz"), is pleased to announce that it has closed its previously announced non-brokered flow-through private placement (the "Placement") on May 7, 2020 and has issued 12,000,000 flow through units (each an "FT Unit") at a price of $0.30 per FT Unit, for gross proceeds of $3,600,000. Each FT Unit consists of one common share of the Company and one common share purchase warrant (a...
2020-06-02 8:45 AM EDT