HIGHLIGHTS First rig arrived on site on 13 January and is now drilling First target of 2021 drill season is the newly identified footwall conductors Numerous untested conductors from the 2020 EM campaign to be drilled in priority FLEM underway covering 3km of potential strike extent of two trends with 2.13g/t Au rock chip sample at surface and 1m [...]
HIGHLIGHTS Re-processing of FLEM identified a large conductor in the footwall of the existing resource at A Zone Last DHEM survey of historical hole in 2020 identified off-hole conductors 200m in the footwall of A Zone confirming FLEM modelled plate These conductors represent a potential 3rd trend to be tested in upcoming drill programs Exploration [...]
HIGHLIGHTS Maiden 7,110m, 12-hole diamond drill program successfully completed at Eastmain Drilling targeted a combination of fixed-loop and borehole electromagnetic conductors identified in the recent geophysics campaigns 110 line-km FLEM survey identified multiple conductors along strike of the known Eastmain Mine mineralization and highlighted [...]
Benz Mining Corp. , is pleased to announce that it has lodged a Prospectus with the Australian Securities and Investments Commission in relation to its proposed dual listing on the Australian Securities Exchange . As previously announced on September 28, 2020, under the Prospectus, the Company will issue 4,000,000 shares at an issue price of A$0.50 [...]
Benz Mining Corp. , is pleased to announce that it has closed its previously announced private placement of 14,857,142 flow-through units at $0.875 and 400,000 hard dollar units at $0.55 for aggregate gross proceeds of $13,219,999.25. Each FT Unit and HD Unit consists of one common share of the Company and 0.5 common share purchase warrant . Each [...]
Benz Mining Corp. , is pleased to announce that it has made a $250,000 payment, of which $150,000 was paid in cash and the balance by the issuance of 124,177 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 [...]
Benz Mining Corp. , announces that it has granted an aggregate of 3.9 million incentive stock options to certain directors, officers and consultants of Benz at an exercise price of $0.64 per share for a period of three years. The incentive stock options are governed by the terms of the Company's 10% rolling stock option plan and have been issued in [...]
Benz Mining Corp. , is pleased to announce that it intends to upsize its previously announced non brokered private placement to an aggregate of up to 14,857,143 units on a flow through basis at a price of $0.875 per unit for gross proceeds of up to C$13,000,000. Each FT Unit will consist of one common share of the Company and 0.5 common share [...]
Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations Virtual Investor Conferences, the leading proprietary investor conference series, today announced that the presentations from the October 6th Gold Mining Opportunities in Quebec investor conference are now [...]
Company Executives share vision and answer questions live at VirtualInvestorConferences.com Virtual Investor Conferences, the leading proprietary investor conference series, today announced the agenda for the upcoming Virtual lnvestor Conference focused on gold mining investment opportunities in the Province of Quebec. Individual investors [...]
Benz Mining Corp. , is pleased to announce a non-brokered private placement of up to 11,500,000 units issued on a flow-through basis at a price of $0.875 per Unit for gross proceeds of up to $10,062,500 . Each FT Unit will consist of one common share of the Company and 0.5 common share purchase warrant . Each Warrant will entitle the holder to [...]
Benz Mining Corp. , is pleased to announce that it has appointed two highly experienced directors to the board along with three senior executives with significant gold sector expertise to assist the Company as it transitions towards a dual listing on the ASX and developing the high-grade Eastmain gold mine project in Quebec. Board and Management [...]