HIGHLIGHTS First electromagnetic conductors drilled at Placer Lake target return sulphides with quartz veins Electromagnetic conductors spread over 2km of strike of the greenstone belt Systematic testing of all 18 modelled conductors at Placer Lake underway Historical rock sample from the area returned 8.3g/t gold and 2.7% copper Placer Lake is [...]
HIGHLIGHTS Mineralised Mine Horizon intercepted between 936.3m to 970.5m Visible gold observed at 942.6m Electromagnetics targeting allowed for wide +100m spaced step-outs drill holes D Zone mineralisation has now been identified over 1,400m downdip / plunge starting near surface and extending to 885.0m vertical depth Geological continuity of the [...]
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 [...]
HIGHLIGHTS Drilling underway at Eastmain testing both brownfield and greenfield targets 25,000m of drilling planned for first 6 months 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 5.5m at 6.1g/t gold including 1.5m at 19.2g/t gold 6.0m at 3.6g/t [...]
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 1.5m at 16.4g/t gold 5.3m at 3.5g/t gold including 1.3m at 6.0g/t gold 1.0m at 8.34g/t gold Current drilling [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
