HIGHLIGHTS: Thick high-grade gold at the Zone 126 trend confirming vertical and grade continuity. Highlights include: 25GLR022: 39m at 5.1g/t gold from 319m - one of the thickest high grade intercepts to date at the Project 25GLR027: 10m at 12.9g/t gold from 299m - broadens the width and strike of the original high-grade lens at depth 25GLR027: An additional 2m at 12g/t gold from 350m 25GLR026: 8m at 5.5g/t gold from 204m [...]
Benz Mining Corp. is pleased to announce the results of voting at its Special Shareholder Meeting held on Friday, June 27, 2025, at 10am in Perth, Australia . All matters submitted to shareholders for approval as set out in the Company's Notice of Special Meeting of Shareholders and Information Circular dated May 27, 2025, were approved by the requisite majority of votes cast at the Meeting. A total of 57,921,197 common [...]
HIGHLIGHTS: Second rig mobilised: Benz Mining has deployed a second rig to fast-track the 30,000m RC drilling campaign at the Glenburgh Gold Project. The accelerated program is supported by our recent successful A$13.5 million capital raise, enabling an aggressive ramp-up of exploration activities. Large-scale open pit potential: The second rig is focused on extensional drilling along the Icon-Apollo trend - a broad [...]
HIGHLIGHTS: Drilling Now Underway: Benz Mining has kicked off an ambitious 30,000m RC drilling campaign at the Glenburgh Gold Project, with diamond drilling set to follow in Q3 2025. The program comes on the back of our recent successful A$13.5 million capital raise, positioning us well to aggressively advance exploration. High-Impact Targets: Initial focus is on expanding the high-grade Zone 126 gold lenses along the [...]
Benz Mining Corp. is pleased to advise that, further to its announcement dated 15 April 2025, in relation to the private placement for 33,750,750 new fully paid CHESS Depositary Interests in the Company at an issue price of A$0.40 per CDI to raise A$13,500,300 , it has successfully completed Tranche 1 of the Placement. Each CDI represents one underlying common share in the Company on a one for one basis. Tranche 1 of the [...]
HIGHLIGHTS: Drilling at Zone 126 has intersected high-grade gold mineralisation in a position consistent with Benz's structural interpretation for a third high grade mineralised lens, returning 2m at 6.8g/t Au from 295m . The intercept is interpreted to represent the outer edge of the lens, with potential for mineralisation to thicken toward the core, a pattern observed in the two previously defined lenses at Zone 126 [...]
HIGHLIGHTS: Targeting model validated: Review of historical data and early reconnaissance mapping by Benz proposed a shallow plunging fold control on the gneissic rock at the Glenburgh gold Project, Western Australia. This concept was successfully tested by drilling the NE-plunging continuity of the Zone 126 orebody in March 2025. Significant intercepts include:1 11m at 19.9g/t gold from 274m 5m at 10.2g/t gold from 222m [...]
HIGHLIGHTS Firm commitments received for a placement to raise A$13.5 million Proceeds to be primarily used to accelerate exploration at the Company's Glenburgh and Mt Egerton Gold Projects in Western Australia Spartan Resources participating in the placement for ~A$2 million to maintain their 14.9% shareholding Benz Mining Corp. is pleased to announce that it has received firm commitments for a placement of 33,750,750 new [...]
New High-Grade Gold Discovery: Benz initial results from maiden drilling at the Zone 126 target at the Glenburgh Gold Project have revealed a significant new high-grade gold lens approximately 80m down-plunge from previously interpreted gold mineralisation. Significant intercepts include: 11m at 19.9g/t gold from 274m 5m at 10.2g/t gold from 222m and 7m at 3.5g/t gold from 233m 4m at 12.2g/t gold from 319m 8m at 5.6g/t [...]
Benz has exercised the option to acquire highly prospective tenements adjacent to the Glenburgh Gold Project, increasing the total project tenure to ~898km2. Exercising the option has secured over ~20km of potential strike extension to the known mineralisation at the Glenburgh Gold Project. Regional geological interpretation suggests similar lithologies that host the Glenburgh Gold Project continue into the new ground [...]
Maiden drill program set to commence at the 100% owned Glenburgh Gold Project, with drill rig mobilisation underway and drilling scheduled to start end of this week with highly regarded drilling contractor, TopDrill. Drilling to target high-grade extensions at Zone 126 and Apollo following up hits including:1 8m @ 11.6g/t Au from 187m - VRC1076 28m @ 5g/t Au from 156m - VRC0580 24m @ 9.1g/t Au from 127m - VRC0535 14m [...]
HIGHLIGHTS Completion of the Share Purchase Agreement with Spartan Resources Limited to acquire 100% of the Glenburgh Gold Project and the Mt Egerton Gold Project by purchasing 100% of the issued share capital in Gascoyne Resources Pty Ltd and Egerton Exploration Pty Ltd as announced by Benz on 6 November 2024 Spartan becomes a strategic cornerstone shareholder, owning approximately 15% of Benz, and will provide ongoing [...]