Benz Mining is pleased to advise that, further to its announcement dated 6 November 2024, it has successfully completed the private placement of 18,181,820 CHESS Depository Interests at a price of A$0.22 per CDI to raise approximately A$4 million. Each CDI represents one underlying common share in the Company on a one for one basis. The Placement [...]
HIGHLIGHTS Agreement signed to acquire the Glenburgh Gold Project and the Mt Egerton Gold Project, located in Western Australia, from Spartan Resources Limited. Acquisition transforms Benz into a multi-jurisdictional gold focused company, aligned with the Company's strategy of growing and developing high-grade gold assets in top-tier mining [...]
HIGHLIGHTS Results confirm that a significant LCT pegmatite system is present at the Ruby Hill West property. Highlights include: 19.5m at 1.13% Li2O from surface 11.1m at 0.56% Li2O from 29.8m 10.7m at 0.67% Li2O from 102.3m 5.5m at 0.76% Li2O from surface 5.01 at 0.95% Li2O from surface Multiple thick LCT pegmatite intersections showing highly [...]
Benz Mining Corp. is pleased to announce the results of voting at its Annual General and Special Shareholder Meeting held on Friday, December 8, 2023, at 10am in Perth, Australia . All matters submitted to shareholders for approval as set out in the company's Notice of Annual General and Special Meeting of Shareholders and Information Circular [...]
Highlights Benz Mining secures highly-experienced metals and mining professional, Mr Mark Lynch-Staunton, as Chief Development Officer to drive development of the Eastmain Gold Project and Ruby Hill Lithium Projects in Canada Mr Lynch-Staunton brings a strong background in exploration, feasibility studies, and project development, including senior [...]
Benz Mining Corp. is pleased to advise that is has made the final payment of $1,725,000, of which $1,350,000 was paid in cash and the balance by the issuance of 1,237,216 shares, to Fury Gold Mines Ltd. to acquire a 75% interest in Eastmain Gold Project and a 75% interest in both the Ruby Hill West and Ruby Hill East properties. This payment is in [...]
Highlights Drill rig secured for drill testing lithium pegmatite outcrops at its Ruby Hill West Lithium project in James Bay, Quebec Program consists of approximately 4,000m targeting RHW-1 and RHW-2 and newly discovered M-1 and M-2 lithium pegmatite intrusions with a series of approximately 150m deep holes to verify lateral and depth extent of [...]
Highlights New outcropping spodumene bearing pegmatite discovered 2km west of Mikisiw pegmatite which sampled up to 5% Li2O from outcrop The new discovery is on the 25km LCT trend in the Ruby Hill West Project M-2 is approximately 400m from a historical drill hole drilled in the 90s that intersected 30m of pegmatite Benz's 25km lithium trend [...]
Highlights New outcropping spodumene bearing LCT pegmatite discovered at Ruby Hill West Grab samples from outcrops and blocks return high grade results including 5.57%, 3.66%, 3.13%, 1.50%, 1.39% and 1.26% Li2O The Mikisiw LCT pegmatite is approximately 25km north-east from Benz's maiden lithium discovery at Ruby Hill West where drilling in 2022 [...]
Highlights New high-grade discoveries on the Suzanna and Michel prospects, including a new copper-gold discovery at Michel: 4.85m at 7.50 g/t Au and 1.91% Cu from 76.65m 3.40m at 9.32 g/t Au from 264.10m at Suzanna New discoveries extend the mineralised zones up to 10km along strike from the Eastmain mine which hosts the recently announced 1 [...]
Benz Mining Corp. announces that the Company has filed a National Instrument 43-101 technical report in support of the updated Mineral Resource Estimate for the Eastmain Project located in Northern Quebec, which was reported in the Company's news release dated May 24, 2023. The technical Report was prepared in accordance with Canadian Securities [...]
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 [...]
