Benz Announces Multiple New High-Grade Discoveries Drive Expansion at Hurricane Camp

April 08, 2026 10:29 PM EDT | Source: Benz Mining Corp.

HIGHLIGHTS:

  • New discovery corridor confirmed and targeting model validated, with the Hurricane trend now emerging as Zone126-style high-grade system over a 1,000m NE-plunging fold corridor, significantly expanding the scale of the Hurricane Camp and opening up an exciting new front for rapid high-grade ounce growth. Two rigs now dedicated to accelerating rapid drill out.
    • 11m at 6.4 g/t gold from 306m 26HZ023 within 102m at 1.1 g/t gold
    • 2m at 19.1 g/t gold from 298m26HZ008
    • 17m at 1.9 g/t gold from 366m 26HZ008
    • 9m at 3.0 g/t gold from 264m 26HZ032
  • New high grade "Lens 0" discovered at Zone 126, interpreted to link Zone 126 and Zone 102 for the first time, defining a substantial new area for high-grade resource growth
    • 19m at 5.1 g/t gold from 311m 26HZ036 within 61m at 1.9 g/t gold
    • 4m at 44.2 g/t gold from 481m 26HZ043
  • Infill drilling at Zone 126 Lenses 1-4, scissor drilling to confirm true width
    • 25m at 10.2 g/t gold from 568m 26HZ002
    • 19m at 9.3 g/t gold from 363m 25GLR_138
    • 12m at 9.8 g/t gold from 161m 25GLR_131
  • Extensional drilling
    • 17m at 7.1 g/t gold from 201m 25GLR_170 (extending Lens 2 up dip)
    • 10 at 6.3 g/t gold from 479m 25GLR_171 (extending Lens 1 down dip by 100m)
    • 14m at 2.3 g/t gold (Lens 4 parallel lens)

Vancouver, British Columbia--(Newsfile Corp. - April 8, 2026) - Benz Mining Corp (TSXV: BZ) (ASX: BNZ) ("Benz" or the "Company") is pleased to report an additional discovery from ongoing drilling at Hurricane Camp within the Glenburgh Gold Project in Western Australia

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Figure 1. Long section view looking north of Hurricane Camp trend. Previous results released on 6 November 2024, 3 April 2025, 28 April 2025, 30 June 2025, 31 July 2025, 20 August 2025, 11 September 2025 and 08 December 2025.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_002full.jpg

Benz CEO, Mark Lynch-Staunton, commented:

"Hurricane Camp is expanding rapidly, and these results mark another major step in unlocking the scale of the Glenburgh system. What we are seeing now is the emergence of multiple high-grade zones across multiple mineralised NE plunging corridors, and we are moving quickly to capitalise on this momentum.

"We have long believed the Hurricane trend had the potential to repeat the success of Zone 126, and these latest results are now clearly demonstrating that this is beginning to play out in the drill data. High-grade mineralisation is being defined over a 1km NE-plunging fold corridor, validating our targeting model and reinforcing the repeatability of the system.

"We are now increasing our drilling commitment at Hurricane, with dedicated rigs focused on systematically drilling out the full extent of the trend. The goal is clear - to rapidly grow high-grade ounces across what is shaping up to be a large, coherent gold system.

"At the same time, we continue to advance the Icon Camp, which remains a key pillar of the broader Glenburgh opportunity. In parallel, we are preparing to commence maiden drilling at the Thunderbolt Camp - a completely untested third of the project that has never seen modern exploration. This represents a significant new frontier within an already rapidly growing system.

"We believe Glenburgh is evolving into a district-scale gold system, and we are still in the early stages of understanding its full potential. With multiple camps, multiple active fronts, and a growing inventory of high-grade zones, we see a clear pathway to continue rapidly adding ounces all on our granted Mining Lease.

"There is no clear limit to the scale of this system, and we will continue to systematically explore, drill and expand across the entire 80km trend.

"These are genuinely exciting times for the Company."

HURRICANE TREND - NEW DISCOVERY CORRIDOR

Maiden drilling at the Hurricane trend has confirmed a new high-grade mineralised corridor defined over approximately 1km along a NE-plunging fold.

Hurricane was initially recognised as a small outcropping system located approximately 1.4km from the high-grade Zone 126 discovery. Historical exploration identified a broad surface geochemical anomaly, however, drilling was limited to a small number of shallow holes (<70m), leaving the system largely untested at depth.

Benz's geological team identified Hurricane as a high-priority target not only due to the scale of the surface anomaly, but more importantly due to its structural and geological similarities to the Zone 126 system. This provided a compelling opportunity to test for a repeat of the Zone 126 high-grade system along strike and at depth.

Recent results from Benz's maiden drill campaign have been highly encouraging. These initial results demonstrate both high-grade and broader mineralised envelopes, including:

  • 11m at 6.4 g/t Au from 306m (26HZ023) within 102m at 1.1 g/t Au
  • 2m at 19.1 g/t Au from 298m (26HZ008)
  • 17m at 1.9 g/t Au from 366m (26HZ008)
  • 9m at 3.0 g/t Au from 264m (26HZ032)

These results highlight the presence of multiple mineralised lenses within a broader corridor and support the potential for both high-grade shoots and bulk-tonnage mineralisation.

The geometry, tenor and structural setting of mineralisation in the Hurricane trend are consistent with the Zone 126 system, supporting the Company's interpretation that Hurricane represents a repeat structural position within the Glenburgh gold system.

Mineralisation remains open along strike and at depth, with strong potential for further growth as drilling continues.

ZONE 126 - NEW LENS AND SYSTEM LINKAGE

The identification of a new high-grade lens ("Lens 0") at Zone 126 represents a key development in understanding the broader system architecture.

Recent drilling has defined this new lens with strong high-grade intercepts, including:

  • 19m at 5.1 g/t Au from 311m (26HZ036) within 61m at 1.93 g/t Au
  • 4m at 44.2 g/t Au from 481m (26HZ043)

This lens is interpreted to link Zone 126 and Zone 102 for the first time, establishing a broader mineralised corridor and reinforcing the potential for large-scale system continuity now defined over a strike length of 1.5km and open in all directions.

Infill drilling across existing lenses at Zone 126 continues to confirm strong continuity and high-grade tenor, including:

  • 25m at 10.2 g/t Au from 568m (26HZ002)
  • 19m at 9.3 g/t Au from 363m (25GLR_138)
  • 12m at 9.8 g/t Au from 161m (25GLR_131)

Extensional drilling has also continued to grow the system, with multiple lenses extended and new parallel mineralisation identified:

  • 17m at 7.1 g/t Au from 201m (25GLR_170) - extending Lens 2 up-dip
  • 10m at 6.3 g/t Au from 479m (25GLR_171) - extending Lens 1 down-dip by ~100m
  • 14m at 2.32 g/t Au - new parallel lens associated with Lens 4

Together, these results highlight the scale, continuity and growing complexity of the Zone 126 system, with multiple lenses remaining open along strike and at depth.

GROWTH STRATEGY AND NEXT STEPS

The Company is accelerating drilling across the Hurricane Camp, with two rigs now dedicated to rapidly testing and expanding the full extent of the mineralised system which is currently over 2.6km in length.

Drilling continues at the Icon Camp, which remains a key pillar of the broader Glenburgh opportunity. In parallel, preparations are underway for maiden drilling at the Thunderbolt Camp - a largely untested portion of the project representing a significant new exploration frontier.

Benz remains focused on systematically exploring and expanding the Glenburgh system, with multiple active fronts and strong potential for continued high-grade discovery.

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Figure 2. Long section of the Glenburgh Project detailing the exploration plan across all three camps on the 12km mining lease.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_003full.jpg

Glenburgh - A New Frontier Gold District

The 100%-owned Glenburgh Gold Project is rapidly emerging as a new frontier gold district with multi-million-ounce potential. Located in Western Australia's Gascoyne region, Glenburgh hosts an 18-20 kilometre mineralised corridor anchored by the large-scale Icon-Apollo trend and the high-grade Zone 126 system.

Glenburgh's unique combination of thick, bulk-style gold mineralisation (Icon-Apollo) and multiple high-grade underground lenses (Zone 126) positions it as a rare opportunity in the Australian gold sector. With gold prices at record levels, the ability to develop both large-scale open pit and underground operations offers exceptional leverage and growth potential.

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Figure 3. Geological overview of the Glenburgh Gold Project.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_004full.jpg

- END -

This announcement has been approved for release by the Board of Benz Mining Corp.

For more information, please contact:

Mark Lynch-Staunton
Chief Executive Officer Benz Mining Corp.
E: mstaunton@benzmining.com
T: +61 8 6143 6702

About Benz Mining Corp.

Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) is a pure-play gold exploration company dual-listed on the TSX Venture Exchange and Australian Securities Exchange. The Company owns the Eastmain Gold Project in Quebec, and the recently acquired Glenburgh and Mt Egerton Gold Projects in Western Australia.

Benz's key point of difference lies in its team's deep geological expertise and the use of advanced geological techniques, particularly in high-metamorphic terrane exploration. The Company aims to rapidly grow its global resource base and solidify its position as a leading gold explorer across two of the world's most prolific gold regions.

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To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_005full.jpg

For more information, please visit: https://benzmining.com/.

Qualified Person's Statement (NI 43-101)

The disclosure of scientific or technical information in this news release is based on, and fairly represents, information compiled by Mr Mark Lynch-Staunton, who is a Qualified Person as defined by NI 43-101 and a Member of Australian Institute of Geoscientists (AIG) (Membership ID: 6918). Mr Lynch-Staunton has reviewed and approved the technical information in this news release. Mr Lynch-Staunton owns securities in Benz Mining Corp.

Forward-Looking Statements

Statements contained in this news release that are not historical facts are "forward-looking information" or "forward-looking statements" (collectively Forward-Looking Information) as such term is used in applicable Canadian securities laws. Forward-Looking Information includes, but is not limited to, disclosure regarding the exploration potential of the Glenburgh Gold Project and the anticipated benefits thereof, planned exploration and related activities on the Glenburgh Gold Project. In certain cases, Forward-Looking Information can be identified by the use of words and phrases or variations of such words and phrases or statements such as "anticipates", "complete", "become", "expects", "next steps", "commitments" and "potential", in relation to certain actions, events or results "could", "may", "will", "would", be achieved. In preparing the Forward-Looking Information in this news release, the Company has applied several material assumptions, including, but not limited to, that the accuracy and reliability of the Company's exploration thesis in respect of additional drilling at the Glenburgh Gold Project will be consistent with the Company's expectations based on available information; the Company will be able to raise additional capital as necessary; the current exploration, development, environmental and other objectives concerning the Company's Projects (including Glenburgh and Mt Egerton Gold Projects) can be achieved; and the continuity of the price of gold and other metals, economic and political conditions, and operations.

Forward-looking information is subject to a variety of risks and uncertainties and other factors that could cause plans, estimates and actual results to vary materially from those projected in such forward-looking information. Factors that could cause the forward-looking information in this news release to change or to be inaccurate include, but are not limited to, the early stage nature of the Company's exploration of the Glenburgh Gold Project, the risk that any of the assumptions referred to prove not to be valid or reliable, that occurrences such as those referred to above are realized and result in delays, or cessation in planned work, that the Company's financial condition and development plans change, and delays in regulatory approval, as well as the other risks and uncertainties applicable to the Company as set forth in the Company's continuous disclosure filings filed under the Company's profile at www.sedarplus.ca and www.asx.com.au. Accordingly, readers should not place undue reliance on Forward-Looking Information. The Forward-looking information in this news release is based on plans, expectations, and estimates of management at the date the information is provided and the Company undertakes no obligation to update these forward-looking statements, other than as required by applicable law.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ACCURACY OR ADEQUACY OF THIS RELEASE.

Appendix 1: Collar Table. Coordinates system: GDA94/MGA Zone 50

Hole IDEastingNorthingElevationDipAzimuthEnd Depth
25GLR_135414759719350532150315354
25GLR_132415138719418332365138900
25GLR_131414708719357232162322252
25GLR_130414708719357332157322252
25GLR_125414716719356932159308252
25GLR_124414764719350032150311378
25GLR_122415384719417832465173798
25GLR_120414499719388831962140770
25GLR_116414519719377631960138522
25GLR_108414642719392731760137696
25GLR_103414640719392831757145594
25GLR_102414467719375131757134504
25GLR_099415582719363632173330870
25GLR_097415085719343932855325750
25GLR_128414711719357232153322234
25GLR_142414854719405732261142798
25GLR_141414735719388531954173480
25GLR_138414525719377331949108504
25GLR_13641452471937733195011230
25GLR_129414764719350232152323372
25GLR_113414485719380231963154660
25GLR_109414484719380431960148600
25GLR_147414929719398332458143308
25GLR_081414867719395632455139120
25GLR_077414843719397432360141600
25GLR_071414867719388232451124367
25GLR_069414867719388132452147366
25GLR_152414626719379231750147354
25GLR_148414625719379631750135354
25GLR_156414596719382731659137516
25GLR_160415206719352032367336900
25GLR_154414927719398532463142588
25GLR_169414707719377131658149324
25GLR_163414656719385431653142402
25GLR_176414533719340831965329506
25GLR_175414536719374831964149462
25GLR_173415204719352332358337750
25GLR_171414612719344231865330804
25GLR_170414763719381832058153324
25GLR_181414688719359732155336120
25GLR_180414520719379131963145600
25GLR_178415203719352632354343718
25GLR_220414706719367432265156102
25GLR_21941471671936523236015366
25GLR_21841472971936263226015530
25GLR_21741471271936393236015560
25GLR_21641470371936603236015278
25GLR_21541469971936703226015590
25GLR_214414677719368932059155108
25GLR_210414663719369732159154144
25GLR_20941467571936673227015590
25GLR_20841468071936563237015584
25GLR_20741468671936463227115472
25GLR_20641468971936393227015565
25GLR_20541469471936293227015555
25GLR_203414712719361232260335110
25GLR_20241474171936233226133884
25GLR_198414665719364232160154102
25GLR_186415085719344132850341750
25GLR_184414506719388132058144624
25GLR_183414657719369032160154150
25GLR_182415386719417432463158900
26HZ001415357719360532362316900
26HZ002415078719344732950334750
26HZ003415219719389133460340734
26HZ006413721719314431655335402
26HZ005413609719351531155154402
26HZ004415009719374432555337804
26HZ010412947719325730655155372
26HZ009413378719308531455335402
26HZ008413507719309431355335402
26HZ007413386719345830955156402
26HZ043414353719384231760162654
26HZ041415263719352832263338877
26HZ040413281719330931156154402
26HZ039414505719368631865178402
26HZ038414406719364631965149384
26HZ037413564719335231756336450
26HZ036414271719366231961118552
26HZ035413825719344731456158422
26HZ034414189719327031756336520
26HZ0334154797193635324643141026
26HZ032413657719341231855152450
26HZ031414236719365131955345400
26HZ030413788719341331555333504
26HZ029414820719420532155156972
26HZ028413872719346531656335450
26HZ027414125719363631555150558
26HZ026414101719374731362150552
26HZ025414246719353731955156450
26HZ024414101719374831354149552
26HZ023413837719354431455156504
26HZ02041482071942053215515636
26HZ021414672719387332054335450
26HZ022414820719420532155153714
26HZ019414869719395932354337450
26HZ018414595719414631556156498
26HZ017415038719396732855335450
26HZ016414936719423932556155450
26HZ015415084719430832455154450
26HZ014415226719415732659336312
26HZ056415166719352433054349954
26HZ054413387719297631355155468
26HZ052414431719382631866144804
26HZ051413480719288331755155450
26HZ049415146719367232978311900
26HZ048414501719388932064158600
26HZ047413567719290231755336424
26HZ046415093719360132851336452
26HZ045414431719382631867159873
26HZ042413639719332632156334450

 

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Figure 4. Collar Plan Map of released holes. Collars demarcated by black dots

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/1818/291729_77f584c6d47bd8e4_006full.jpg

Appendix 2: Significant Intercepts Tables.
High Grade Intercepts: A nominal 1.0 g/t Au lower cut off has been applied to results, with up to 10m internal dilution applied unless otherwise stated.

Hole IDFromToAu (ppm)Length
25GLR_13524925215.33
25GLR_1352642662.42
25GLR_1353183203.32
25GLR_1353403421.92
25GLR_1311611739.912
25GLR_1301211453.724
25GLR_13015816042
25GLR_1252192261.47
25GLR_1242872996.412
25GLR_11632833018.82
25GLR_11638939627
25GLR_1083994021.43
25GLR_1084294401.511
25GLR_1034174242.17
25GLR_1034484521.24
25GLR_1022852951.310
25GLR_1023563621.96
25GLR_0996156173.52
25GLR_0976656695.44
25GLR_0977127151.13
25GLR_1281161362.620
25GLR_1281491516.62
25GLR_1281661705.24
25GLR_14266766922
25GLR_1427557581.13
25GLR_1412462521.16
25GLR_1413453591.514
25GLR_1383633829.319
25GLR_1292552584.73
25GLR_1293473541.57
25GLR_10932632855.32
25GLR_1094104162.36
25GLR_0712832911.78
25GLR_1522052081.43
25GLR_1522402421.12
25GLR_14821421753
25GLR_1482402511.211
25GLR_1482762781.12
25GLR_1563203322.212
25GLR_1564134251.312
25GLR_1542892926.23
25GLR_1544584641.26
25GLR_1544884923.14
25GLR_1545465631.517
25GLR_1545675702.43
25GLR_16915416339
25GLR_1691962001.94
25GLR_1632362452.19
25GLR_1633093303.421
25GLR_1633573641.67
25GLR_1764584641.36
25GLR_1752522541.52
25GLR_1753393412.62
25GLR_17536436622
25GLR_1714794896.310
25GLR_1715095122.33
25GLR_1716516551.14
25GLR_1717627641.52
25GLR_1702012187.117
25GLR_18160733.813
25GLR_22066725.36
25GLR_20975832.88
25GLR_20747581.811
25GLR_20631434.112
25GLR_20519292.810
25GLR_2038151.97
25GLR_20394991.25
25GLR_20215301.115
25GLR_20237521.215
25GLR_1865305421.412
25GLR_1865575592.32
25GLR_1866676691.72
25GLR_1843803841.14
25GLR_18443944213
25GLR_1845295331.94
25GLR_183901005.410
26HZ0011931981.95
26HZ0016626741.112
26HZ0016776962.119
26HZ00256859310.325
26HZ0061741771.43
26HZ00624024414
26HZ0062612634.12
26HZ0063673691.12
26HZ00918318512
26HZ0081982002.12
26HZ008242254112
26HZ00829830019.12
26HZ0083663831.917
26HZ04348148542.24
26HZ0417337352.42
26HZ0417597611.32
26HZ04081831.82
26HZ0401191211.22
26HZ0391711752.64
26HZ0363113305.119
26HZ0363463482.52
26HZ0363693722.43
26HZ0351601701.110
26HZ0339569702.314
26HZ03226427339
26HZ0297557621.27
26HZ0281141171.53
26HZ0272652721.67
26HZ0232572623.55
26HZ0233063176.411
26HZ0233303321.92
26HZ0233453521.27
26HZ0565785961.618
26HZ0566056084.83
26HZ05670571015
26HZ0496656671.22
26HZ0496806821.82
26HZ0496927001.18
26HZ0463493511.52
26HZ0455415432.82

 

Appendix 2: Significant Intercepts Tables.
Bulk Intercepts: A nominal 0.3 g/t Au lower cut off has been applied to results, with no limit on internal dilution applied unless otherwise stated.

Hole IDFromToAu (ppm)LengthComments
25GLR_1352493540.8105
25GLR_132690.53
25GLR_13220400.320
25GLR_1325305350.85
25GLR_1328008160.316
25GLR_1311592491.490
25GLR_1301212470.9126
25GLR_1251681820.314
25GLR_1252182261.38
25GLR_1242562590.53
25GLR_124280370190
25GLR_1205105180.48
25GLR_1205725760.34
25GLR_1205835860.53
25GLR_1206736760.43
25GLR_1162772960.419
25GLR_1163094230.7114
25GLR_1083263300.34
25GLR_1083995340.4135
25GLR_1033133310.318
25GLR_1034095920.3183
25GLR_1022853450.360
25GLR_1023544140.360
25GLR_0976297340.5105
25GLR_1281041711.467
25GLR_1423793820.33
25GLR_1426596810.422
25GLR_1427077140.47
25GLR_1427437800.337
25GLR_1412462550.99
25GLR_1413294030.474
25GLR_1383604143.454
25GLR_1292553660.4111
25GLR_1133944380.344
25GLR_1134554600.55
25GLR_1093184691151
25GLR_0773604110.351
25GLR_0712663010.635
25GLR_06926727114
25GLR_1522002080.88
25GLR_1522402600.420
25GLR_1481982030.35
25GLR_1482082780.570
25GLR_1563184370.5119
25GLR_1607387480.310
25GLR_1607768650.389
25GLR_1542372460.39
25GLR_1542552940.639
25GLR_1544545720.6118
25GLR_1691532380.685
25GLR_1632343710.8137
25GLR_1764544980.444
25GLR_1752522650.413
25GLR_1752712760.45
25GLR_1752872950.38
25GLR_1753003030.43
25GLR_1753113470.336
25GLR_1753553770.422
25GLR_1754434520.69
25GLR_1735705820.512
25GLR_1737357400.55
25GLR_1714737640.4291
25GLR_1702012592.258
25GLR_18160802.620
25GLR_1802983040.76
25GLR_1803743840.410
25GLR_1803974110.314
25GLR_1804144180.34
25GLR_1804254330.38
25GLR_1785265320.56
25GLR_22066901.524
25GLR_21931390.48
25GLR_21949540.55
25GLR_21719390.420
25GLR_21555630.38
25GLR_210981010.33
25GLR_2101051370.432
25GLR_20970901.320
25GLR_20856590.53
25GLR_20864780.614
25GLR_2073759122
25GLR_20630522.322
25GLR_20519351.816
25GLR_20381020.494
25GLR_2021353140
25GLR_1865305910.561
25GLR_1866676770.510
25GLR_1843644610.397
25GLR_1844945020.48
25GLR_1845115690.358
25GLR_183901251.735
25GLR_1825665690.93
25GLR_1826356600.425
26HZ0011872190.532
26HZ0016498990.4250
26HZ0025626413.479
26HZ0061611980.437
26HZ0062343110.477
26HZ0063483780.430
26HZ0063994020.33
26HZ0053653870.322
26HZ0046196370.318
26HZ0091351560.321
26HZ0091801950.315
26HZ0092202720.452
26HZ0081904000.6210
26HZ0071201410.321
26HZ0072583180.460
26HZ0073813950.414
26HZ0433994110.412
26HZ0434494580.49
26HZ0434765981.6122
26HZ0416716740.63
26HZ0417328280.396
26HZ040721430.471
26HZ0391712460.375
26HZ0382032070.34
26HZ0382192240.45
26HZ0363113901.579 Inc 61m at 1.9g/t gold
26HZ0351592010.342
26HZ0344224280.36
26HZ0344374400.33
26HZ0333834050.322
26HZ0338308330.43
26HZ0339029060.54
26HZ03394510120.667
26HZ0322112140.33
26HZ032258294136
26HZ0312792880.59
26HZ0296756790.54
26HZ0297477630.716
26HZ0281051200.515
26HZ0271811890.38
26HZ0272153270.3112
26HZ0263233570.334
26HZ0251281370.39
26HZ0243513550.64
26HZ0243673850.318
26HZ0244034520.349
26HZ02340470.37
26HZ0232333591126 Inc 102m at 1.1 g/t gold
26HZ0213233280.35
26HZ0192762790.43
26HZ0181731760.43
26HZ0173033160.313
26HZ0141351450.310
26HZ0565645680.34
26HZ0565747410.4167
26HZ0568508850.335
26HZ0544184260.48
26HZ0524384410.53
26HZ0524624910.329
26HZ0496176230.46
26HZ0496366390.53
26HZ0496497370.488
26HZ0497677740.47
26HZ0497797990.320
26HZ0483994060.77
26HZ0484384420.54
26HZ0484584720.414
26HZ0484854940.39
26HZ0463493540.85
26HZ0454885430.455

 

Appendix 3: JORC Tables
JORC Code, 2012 Edition - Table 1 report template

Section 1 Sampling Techniques and Data

(Criteria in this section apply to all succeeding sections.)

CriteriaCommentary
Sampling techniques
  • Results are part of BNZ's RC drilling campaign at the recently acquired Glenburgh Gold Project situated ~285 km east of Carnarvon via Gascoyne Junction, WA.
  • RC drilling samples were collected as 1m single samples.
  • Each sample collected represents each one (1) metre drilled collected from the rig-mounted cone splitter into individual calico bags (~3kg).
  • The rig mounted cyclone/cone splitter was levelled at the start of each hole to aid an even fall of the sample through the cyclone into the cone splitter.
  • RC drilling sample submissions include the use of certified standards (CRMs), and field duplicates were added to the submitted sample sequence to test laboratory equipment calibrations. Standards selected are matched to the analytical method of photon assaying at ALS labs in Perth (~500g units). No composites were taken.
  • Based on statistical analysis of these results, there is no evidence to suggest the samples are not representative.
Drilling techniques
  • The RC drill rig was a Schramm C685 & T685 rig type with the capability to reach >500m depths with a rig-mounted cyclone/cone splitter using a face sample hammer bit of 5 1⁄2 - 6" size.
  • The booster was used to apply air to keep drill holes dry and reach deeper depths.
Drill sample recovery
  • RC sample recovery is visually assessed and recorded where significantly reduced. Negligible sample loss has been recorded.
  • RC samples were visually checked for recovery, moisture and contamination. A cyclone and cone splitter were used to provide a uniform sample, and these were routinely cleaned.
  • RC Sample recoveries are generally high. No significant sample loss has been recorded.
Logging
  • RC chip samples have been geologically logged on a per 1 metre process recording lithology, mineralisation, veining, alteration, and weathering.
  • Geological logging is considered appropriate for this style of deposit (metamorphosed orogenic gold). The entire length of all holes has been geologically logged.
  • RC drill logging was completed by Benz Mining staff and data entered into BNZ's MXDeposit digital data collection platform provided by Expedio.
  • All drill chips were collected into 20 compartment-trays for future reference and stored securely at Glenburgh camp.
Sub-sampling techniques and sample preparation
  • RC chips were cone split at the rig. Samples were generally dry.
  • A sample size of between 3 and 5 kg was collected. This size is considered appropriate, and representative of the material being sampled given the width and continuity of the intersections, and the grain size of the material being collected.
  • For the 1 metre samples, certified analytical standards (appropriate for photon assaying) and field duplicates were inserted at appropriate intervals at a rate equal to 1 in 20 and sent for analysis with the samples.
  • Sample preparation was undertaken at ALS Laboratory - Perth. Gold analysis utilised the photon assaying methodology where original samples are crushed to 90% better than -3mm with a sub-set 500g separated for non-destructive analysis.
  • Any sample reporting as having elevated > 1µSv readings during the preparation for photon assaying at ALS labs were flagged and were submitted for fire assay (Au-AA26) methodology at ALS labs in Perth as a quantifying check against the Photon assays.
Quality of assay data and laboratory test
  • PhotonAssay at ALS Perth: Samples submitted for PhotonAssay analysis were dried, crushed to achieve approximately 90% passing 3.15 mm, rotary split, and a nominal ~500 g sub-sample was collected (method codes CRU-32a and SPL-32a). The ~500 g sub-sample was analysed for gold using the PhotonAssay technique (method code Au-PA01), together with quality control samples including certified reference materials and field duplicates.
  • ALS PhotonAssay Analysis Technique: Developed by CSIRO in collaboration with Chrysos Corporation, PhotonAssay is a rapid, chemical-free alternative to conventional fire assay that uses high-energy X-rays. The technique is non-destructive and analyses a substantially larger sample mass than the standard 50 g fire assay. ALS has extensively tested and validated the PhotonAssay method, with results benchmarked against traditional fire assay.
  • Routine mutli-element analysis - four acid digest with ICP-MS finish (method code ME-MS61) and portable XRF (method code pXRF-NQ) has been completed down hole on a pulverize 500 g split to better than 85% passing 75um (method code PUL-32m) but this information does not form part of this report.
  • Laboratory QA/QC is maintained through the routine use of internal certified reference materials and blanks as part of standard in-house procedures. In addition, BNZ submitted an independent suite of certified reference materials (see above). These data are formally reviewed on a periodic basis.
Verification of sampling and assaying
  • Significant drill intersections are checked by the supervising personnel. The intersections are compared to recorded geology and neighbouring data and reviewed in Leapfrog and QGIS software.
  • No twinned holes have been drilled to date by Benz Mining, but, planned holes have tested the interpreted mineralised trends, verifying the geometry of the mineralised targets.
  • All logs were validated by the Project Geologist prior to being sent to the Database Administrator for import
  • No adjustments have been made to assay data apart from values below the detection limit which are assigned a value of half the detection limit (positive number)
Location of data points
  • Hole collar coordinates including RLs have been located by handheld GPS in the field during initial drill site preparation. Actual hole collars were collected by a DGPS system at the Glenburgh Gold Project.
  • The grid system used for the location of all drill holes is GDA94_MGA _Zone 50s.
  • Planned hole coordinates and final GPS coordinates are compared in QGIS and Leapfrog project files to ensure all targets have been tested as intended.
  • The drill string path is monitored as drilling progresses using downhole Axis Champ Gyro tool and compared against the planned drill path, adjustment to the drilling technique is requested as required to ensure the intended path is followed.
  • Readings were recorded at 30m intervals from surface to end of hole after Benz reviewed single shot verses EOH continuous surveying of the Axis Champ Gyro tool and noted >3 degrees variance in azimuth with hole depth. The single shots produce less variability and are used for hole trace reporting in the database.
  • Historical drill hole surveys and methods will be reviewed in preparation for any updates to MRE in the future.
Data spacing and distribution
  • BNZ's Glenburgh RC drilling has been designed to infill and extend mineralisation defined by historical drilling. Drill spacings are varied. Holes were generally angled between -65 degrees towards ~145 degrees.
  • The mineralised domains established for pre-BNZ Mineral Resource Estimates have sufficient continuity in both geology and grade to be considered appropriate for the Mineral Resource and Ore Reserve estimation procedures and classification applied under the 2012 JORC Code. Ongoing drilling will be sufficiently spaced for a reinterpretation based on BNZ's structural model.
  • No sample compositing of material from drilling has been applied during this drilling campaign.
Orientation of data in relation to geological structure
  • Drilling has primarily been undertaken perpendicular to the interpreted mineralised structures as stated above.
  • No orientation-based sampling bias has been identified - observed intercepts to date indicate the interpreted geology hosting mineralisation is robust.
Sample security
  • All samples were prepared in the field by Benz Mining staff and delivered by contracted couriers from the field site to the ALS laboratory in Perth directly.
  • Individual pre-numbered calco sample bags are placed in polywoven plastic bags (5 per bag) secured at the top with a cable tie. These bags are annotated with the company name and sample numbers, the bags are placed in larger bulker bags for transport to ALS labs in Perth, also labelled with corresponding company name, drill hole and sample identifiers.
  • Sample pulps are stored in a dry, secure location at Benz's Glenburgh camp.
Audits or reviews
  • Data is validated by Benz staff and Geolytic database consultants as it is entered into MXDeposit. Errors are returned to field staff for validation.
  • All drilled hole collars have been located with a DGPS.
  • There have been no audits undertaken.

 

Section 2 Reporting of Exploration Results

(Criteria listed in the preceding section also apply to this section.)

CriteriaCommentary
Mineral tenement and land tenure status
  • Glenburgh Gold Project is a group of 10 tenements and 2 applications. The majority of known gold deposits are located on Mining Lease M09/148.
  • The tenement is 100% owned by Benz Mining Limited.
  • The tenements are in good standing and no known impediments exist.
Exploration done by other parties
  • Since Helix Resources in 1994 and subsequent work by Gascoyne Resources, about 159,149 soil samples, 1,349 vacuum holes and 2,285 auger holes have been completed at Glenburgh.
  • 48 diamond holes, 398 RC holes, 6 air-core holes and 462 RAB holes have been drilled in the Glenburgh area to identify the distribution and evaluate the potential of the deposit.
  • Drilling to date has identified 10 high potential deposits in the Glenburgh area which are: Tuxedo, Icon, Apollo, Mustang, Shelby, Hurricane, Zone 102, Zone 126, NE3 and NE4 deposits.
Geology
  • Gold mineralisation at the Glenburgh deposit is hosted in Paleoproterozoic upper-amphibolite to granulite facies siliciclastic rocks of the Glenburgh Terrane, in the southern Gascoyne Province of Western Australia.
  • Gold was first discovered at the Glenburgh deposit in 1994 by Helix Resources during follow-up drilling of soil geochemical anomalies. Mineralisation occurs in shears within quartz + feldspar + biotite ± garnet gneiss, which contains discontinuous blocks or lenses of amphibolite and occasional thin magnetite-bearing metamorphics, probably derived from chemical sediments.
  • Higher-grade mineralisation appears to be directly related to silica flooding in the gneiss. This silica flooding may give rise to quartz 'veins' up to several metres thick, although scales of several centimetres to tens of centimetres are the norm. Neither the higher-grade silica lodes nor the more pervasive lower-grade mineralisation exhibits sharp or well-defined lithological contacts.
Drill hole Information
  • For this announcement, 111 Reverse Circulation (RC) drill holes are being reported.
  • Collar details have been provided in Appendix 1.
  • For earlier released results, see previous announcements by Gascoyne Resources (ASX: GCY) and Spartan Resources (ASX: SPR).
Data aggregation methods
  • No material information has been excluded.
  • Low Grade: A nominal 0.3 ppm Au lower cut off has been applied to with no internal dilution length applied.
  • High grade: A nominal 1 ppm Au lower cut off has been applied to with up to 10m internal dilution length applied.
  • Higher grade Au intervals lying within broader zones of Au mineralisation are reported as included intervals.
  • No top cuts have been applied to reported intercepts.
  • No metal equivalent values have been used.
  • All reported assays have been length weighted if appropriate.
  • Some drill holes reported in this announcement were previously disclosed based on partial assay results. Completion of outstanding assays has resulted in updated intercepts now being reported.
Relationship between mineralisation widths and intercept lengths
  • Drilling is generally oriented perpendicular to the interpreted strike of mineralisation, and intercepts are reported as downhole lengths unless otherwise stated.
  • To improve understanding of true widths, a subset of holes in this program were drilled from the opposite azimuth to previous drilling to test structural geometry. Ongoing drilling and geological modelling are required to confirm the true orientation and extent of mineralised lenses.
Diagrams
  • Relevant diagrams are included in the report.
Balanced reporting
  • All meaningful data relating to the Exploration program has been included and reported to the market as assays are received.
Other substantive exploration data
  • See body of announcement.
Further work
  • Assays for the remainder of the programme will be reported once received and validated.
  • Ongoing drilling across the Glenburgh camp to extend mineralisation along strike and at depth.

 

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/291729

info

Source: Benz Mining Corp.

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