Benz Mining: High Grade Lithium at Ruby Hill West
HIGHLIGHTS High grade lithium mineralisation identified over a large outcropping area at Ruby Hill West, with additional high-value credits from rubidium, caesium and tantalum Samples confirmed presence of LCT pegmatite and returned:1.9% Li2O, 3160ppm Rb, >500ppm Cs, 274ppm Ta 1.6% Li2O, 3470ppm Rb, >500ppm Cs, >500ppm Ta 0.8% Li2O, 980ppm Rb, >500ppm Cs, >500ppm Ta 0.5% Li2O, 3810ppm Rb, >500ppm Cs, 324ppm Ta Results extend strike length of previously identified by surface sampling:4.7% Li
2022-02-03 8:30 AM EST
Benz Mining Corp. Announces High Impact Gold and Lithium Exploration Program Underway for 2022
HIGHLIGHTS Drilling underway at Eastmain testing both brownfield and greenfield targets 25,000m of drilling planned for first 6 months (Q1 and Q2) of 2022 Follow up infill and extensional drilling of NW Zone from areas which previously returned: 7.8m at 8.7g/t gold including 1.0m at 32.6g/t gold (EM21-146) 5.5m at 6.1g/t gold including 1.5m at 19.2g/t gold (83CH029) 6.0m at 3.6g/t gold including 1.0m at 10.2g/t gold (EM21-145) 6.0 at 3.3g/t gold including 2.0m at 9.3g/t gold (EM17-126) 3.0m...
2022-01-28 8:30 AM EST
Benz Mining Announces New High-Grade Discovery at D Zone, 7.9m at 35.9g/t Au
HIGHLIGHTS Drill results from wide spaced scout holes at D and E Zones confirm discovery of high-grade mineralised shoots Assays for 13 additional holes received - assay results include: 7.9m at 35.9g/t gold including 1.0m at 268.8g/t gold (EM21-168) 1.5m at 16.4g/t gold (EM21-166) 5.3m at 3.5g/t gold including 1.3m at 6.0g/t gold (EM21-167) 1.0m at 8.34g/t gold (EM21-171) Current drilling considerably extends D Zone's historical footprint with previous results of: 2.2m at 18.1 g/t gold...
2021-12-02 6:58 AM EST
Benz Mining: PhotonAssay Delivers Increase in Reported Gold and Confirms Coarse Gold
HIGHLIGHTS PhotonAssay analysis of 18,143 samples (from 8,500kg of coarse crushed rejects) from the 2020 drilling campaign identifies more high-grade gold Eastmain Gold Project Results include 39% increase in the number of reportable intercepts (>0.2g/t Au) from 84 to 117 80% increase in the number of high-grade intercepts (>8g/t Au) from 5 to 9 85% of reportable samples returned higher gold value by PhotonAssay Exclusivity agreement executed with MSA laboratories which will see the first...
2021-11-03 8:30 AM EDT
Benz Secures Tenure as Part of Upper Eastmain Greenstone Belt Consolidation
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 (amenable to detection by electromagnetics) identified in outcrops associated with deformed and altered gabbro with quartz veins; outcropping altered metasediments also observed Historical surface samples show anomalous...
2021-10-28 8:30 AM EDT
Benz Mining Corp. Announces Property Payment
Vancouver, British Columbia--(Newsfile Corp. - October 22, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the "Company" or "Benz"), 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 Limited. 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...
2021-10-22 6:12 PM EDT
Third Rig at Eastmain, Mineralised Tonalite at E Zone
Toronto, Ontario--(Newsfile Corp. - October 20, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to provide
2021-10-20 8:30 AM EDT
Benz Mining: Lithium Pegmatite at Ruby Hill West
HIGHLIGHTS Ruby Hill West Lithium Caesium Tantalum (LCT) pegmatite occurrence confirmed with historical rock chips samples including:4.72%Li2O, 1720 ppm Rb (>100ppm Ta, >500ppm Cs) 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 Area covered by shallow glacial till and vegetation - scraping and trenching pending permits, helicopter and equipment...
2021-10-14 8:30 AM EDT
Benz Appoints a New Chief Financial Officer
Vancouver, British Columbia--(Newsfile Corp. - October 4, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) 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...
2021-10-04 11:14 PM EDT
Benz Successfully Completes C$10 Million Private Placement
Vancouver, British Columbia--(Newsfile Corp. - August 31, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to advise that has raised C$10 million (before costs) from the placement of 9,090,909 shares at a price of C$1.10 per share (Placement) 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 shares at a premium as they were issued as Canadian charity...
2021-08-31 6:38 AM EDT
Benz Mining Corp. Announces Non-Brokered Private Placement of C$10,000,000
Vancouver, British Columbia--(Newsfile Corp. - August 27, 2021) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ), (the "Company" or "Benz"), 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 (the "FT Shares") at a price of C$1.10 per share for gross proceeds of $10,000,000 (the "Offering"). The gross proceeds received by the Company from the...
2021-08-27 5:06 PM EDT
Benz Mining Announces Maiden Regional Exploration Campaign Confirms Multiple Commodity Potential for Upper Eastmain Greenstone Belt
HIGHLIGHTS Regional exploration summer work confirms numerous mineral occurrences across Benz tenement package typical from Archean greenstone belts Outcropping lithium (spodumene) 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 (>100ppm Ta, >500ppm Cs) 2.15% Li2O, 990 ppm Rb (>100ppm Ta, >500ppm Cs) 1.97% Li2O, 3660 ppm Rb (>100ppm Ta, >500ppm Cs) 1.10% Li2O, 710 ppm Rb (>100ppm Ta, >500ppm Cs)
2021-08-26 8:45 AM EDT
Benz Mining Announces New High Grade Gold Shoot Identified at North West Zone at Eastmain Gold Project
HIGHLIGHTS Maiden broad spaced scout drilling into North West (NW) Zone (600m from current resource) 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 (EM21-143) 7.8m at 8.7g/t gold including 1.0m at 32.6g/t gold (EM21-146) 6.0m at 3.6g/t gold including 1.0m at 10.2g/t gold (EM21-145) 3.0m at 5.2g/t gold including 1.0m at 15.0g/t gold (EM21-159) 6.6m at...
2021-08-03 6:00 AM EDT
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