Benz Mining Corp.

HIGHLIGHTS PhotonAssay analysis of 18,143 samples from the 2020 drilling campaign identifies more high-grade gold Eastmain Gold Project Results include 39% increase in the number of reportable intercepts from 84 to 117 80% increase in the number of high-grade intercepts from 5 to 9 85% of reportable samples returned higher gold value by PhotonAssay Exclusivity agreement executed with MSA laboratories which will see the [...]

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 identified in outcrops associated with deformed and altered gabbro with quartz veins; outcropping altered metasediments also observed Historical [...]

Benz Mining Corp. , 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 Ltd.. This payment is in accordance with the terms of the Option Agreement dated August 7, 2019, as amended on April 30, 2020 , between Benz and Eastmain Resources Inc. The shares will be subject to a four month hold period as well as [...]

HIGHLIGHTS Third drill rig on site adding to the two already in operation at Eastmain Drilling capacity increased to c.1,500m/week - 38,000m drilled to date, on track to achieve the 2021 plan of 50,000m Drilling targeting DHEM conductors down-plunge of A and C Zones and extensions to E Zone Over 15,000 samples from 52 drillholes awaiting assays New style of mineralisation discovered at E Zone associated with a tonalite [...]

Field investigation confirms LCT pegmatite outcrop and sub-outcrop over 40m x 100m HIGHLIGHTS Ruby Hill West Lithium Caesium Tantalum pegmatite occurrence confirmed with historical rock chips samples including: 4.72%Li2O, 1720 ppm Rb 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 [...]

Benz Mining Corp. 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 in Canada and Australia. He succeeds [...]

C$10 million raised with the issue of 9,090,909 shares Proceeds will be used to fund exploration at the Eastmain Project, Quebec Benz Mining Corp. is pleased to advise that has raised C$10 million from the placement of 9,090,909 shares at a price of C$1.10 per share 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 [...]

Benz Mining Corp. 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 at a price of C$1.10 per share for gross proceeds of $10,000,000. The gross proceeds received by the Company from the sale of the FT Shares will be used to incur Canadian Exploration Expenses that are [...]

Regional exploration summer work confirms numerous mineral occurrences across Benz tenement package typical from Archean greenstone belts Outcropping lithium 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 2.15% Li2O, 990 ppm Rb 1.97% Li2O, 3660 ppm Rb 1.10% Li2O, 710 ppm Rb Outcropping copper-gold mineralization in the Placer [...]

HIGHLIGHTS Maiden broad spaced scout drilling into North West Zone 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 7.8m at 8.7g/t gold including 1.0m at 32.6g/t gold 6.0m at 3.6g/t gold including 1.0m at 10.2g/t gold 3.0m at 5.2g/t gold including 1.0m at 15.0g/t gold 6.6m at 3.1g/t gold [...]