HIGHLIGHTS Updated Independent Mineral Resource Estimate in accordance with NI 43-101 guidelines defined on Eastmain Project at a 2.5 g/t Au cut-off Classification Tonnes Au Au Indicated 1.3 9.0 384 Inferred 3.8 5.1 621 Note: rounding errors apply Indicated and Inferred Resources at Eastmain have increased by 61% and 345% respectively from the [...]
HIGHLIGHTS 2023 winter diamond drilling campaign has commenced on the Upper Eastmain Greenstone Belt Project. First drillhole is following up on several gold intersections at the E Zone discovery, including 1.0m at 365.5g/t gold from 81.0m . 12,000m of diamond drilling planned including 4,000m exclusively dedicated to critical minerals exploration [...]
Benz Mining Corp. advises that Mr Xavier Braud has resigned from his role as Chief Executive Officer and Head of Corporate Development , effective immediately. Mr Evan Cranston, Executive Chairman, has agreed to act as the Interim Chief Executive Officer until the Board makes a permanent appointment to the position. The Company has commenced its [...]
Benz Mining Corp. is pleased to announce the results of the Company's Annual General and Special Meeting of Shareholders held on December 14, 2022 in Perth, Western Australia. At the Meeting, the following directors were re-elected: Evan Cranston, Mathew O'Hara, Nicholas Tintor and Peter Williams. In addition, shareholders of the Company approved [...]
HIGHLIGHTS 12 new pegmatite rich areas associated with greenstone/granite boundaries identified and 45 rock chips samples collected during recent field campaigns 129 additional claims acquired expanding the existing tenement package, adding 20km of additional granite/greenstone contact strike for a total of 90km of contact Pegmatites at Ruby Hill [...]
Benz Mining Corp. is pleased to advise that, further to its news release issued on September 6, 2022, it has successfully completed a private placement of 16,434,000 common shares in the capital of the Company, consisting of 7,929,317 charity flow-through common shares and 3,945,813 flow through common shares , and 4,558,870 non-flow-through common [...]
HIGHLIGHTS C$11.9 million raised to accelerate critical mineral and gold exploration on emerging greenstone belt Offer conducted at an average price of ~C$0.73 representing a 65% premium to Benz's last traded share price as of Thursday, 1 September Exploration to commence immediately initially targeting critical metal mineralization New Mineral [...]
HIGHLIGHTS High grade intercept from near surface in last drillhole of the April 2022 campaign Assays for RHW22-006 returned: 26.4m at 1.01% Li2O, 355ppm Ta2O5, 980ppm Cs, 1601ppm Rb2O from 7.4m; including 12.7m at 1.29% Li2O, 423ppm Ta2O5, 1160ppm Rb2O, 600ppm Cs; and 3.7m at 2.61% Li2O, 579ppm Ta2O5, 1061ppm Rb2O, 441ppm Cs Very high-grade with [...]
HIGHLIGHTS Hole EM22-272 intercepted shallow chalcopyrite 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 [...]
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 6.6m at 9.8g/t gold from 643.9m including 1.1m at 36.7g/t gold 6.2m at 9.7g/t gold from 674.3m including 1.0m at [...]
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 [...]
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 [...]