Benz Mining (ASX: BNZ; TSXV: BZ)
Reported results from 68 RC holes totalling 25,776 m at the Icon gold camp, part of its Glenburgh Gold Project in Western Australia.
“The significance of these results lies not in any single intercept, but in the remarkable consistency, scale and repetition of broad gold mineralisation and stacked highgrade lenses throughout the system.”
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Glenburgh project map – Courtesy of Benz Mining
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| Benz Mining | ASX: BNZ / TSX.V: BZ | |
| Stage | Exploration | |
| Metals | Gold | |
| Market cap | A$1.82 Billion @A$4.85 | |
| Location | Western Australia | |
| Website | www.benzmining.com |
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Benz Mining’s Icon Continues Rapid Growth with Multiple Broad, High-Grade Gold Intercepts, Maiden MRE delivery Q1 2027
Benz Mining Corp. (ASX: BNZ; TSXV: BZ) is pleased to report results from 68 RC holes totalling 25,776 m at the Icon gold camp, part of its Glenburgh Gold Project in Western Australia.
Icon Drilling Continues to Demonstrate Exceptional Scale
The significance of these results lies not in any single intercept, but in the remarkable
consistency, scale and repetition of broad gold mineralisation and stacked highgrade lenses throughout the system.
Multiple holes returned substantial stacked gold intersections, including:
• 26CN129: 42 m at 3.0 g/t Au from 337 m and 39 m at 3.1 g/t Au from 388 m.
• 26CN125: 42 m at 1.6 g/t Au from 318 m and 62 m at 1.5 g/t Au from 427 m.
• 26CN130: 35 m at 2.4 g/t Au from 104 m and 73 m at 1.1 g/t Au from 355 m.
These results reinforce Benz’s interpretation of multiple stacked high-grade lenses
associated with fold hinges and controlling shear structures.
The systematic 50 m x 25 m drilling pattern is progressively resolving these structures, including high-grade positions previously unrecognised at wider drill spacings.
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HIGHLIGHTS:
• The remarkable scale of Icon is becoming increasingly apparent. Systematic 50 x 25m drilling has now delineated a 100–200 m-wide mineralised system across the first 1
km of the known 3 km trend, with mineralisation defined to vertical depths exceeding
500 m.
• The system comprises multiple stacked high-grade gold lenses, with individual lenses
averaging approximately 30-50 m in width, surrounded and interconnected by a
substantial mineralised halo.
Highlights include:
• Icon’s remaining 2 km is poised to redefine the scale of the gold camp.
Previous drilling has confirmed near-surface gold mineralisation along the remaining 2km trend, where the same favourable host rocks and controlling structures continue.
• Benz’s structural modelling points to structurally controlled thickening of mineralisation
down plunge, with repeating fold hinges providing compelling targets for further
stacked high-grade gold lenses.
This reinforces Benz’s conviction that Icon has the potential to become a gold camp of exceptional scale
• 46 m at 6.5 g/t Au from 454 m in 26CN120
• 42 m at 3.0 g/t Au from 337 m in 26CN129
• 39 m at 3.1 g/t Au from 388 m in 26CN129
• 46 m at 2.5 g/t Au from 24 m in 26CN071
• 87 m at 1.2 g/t Au from 219 m in 26CN147
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Benz Chief Executive Officer Mark Lynch-Staunton commented:“Icon continues to exceed our expectations.
“What we are uncovering has the hallmarks of a truly world-class gold system, and we are increasingly convinced that we are only beginning to understand its full scale.
“The remarkable growth at Icon prompted us to strategically concentrate the majority of our drilling fleet on the camp. Our priority is to accelerate the systematic definition of this major gold camp ahead of our maiden Mineral Resource Estimate.
“With first-pass drilling across the remaining 2km trend nearing completion, today’s announcement marks the first of what we expect to be a series of substantial drilling updates as the true scale of Icon continues to emerge.
“Drilling is not simply validating our Exploration Target; it is growing the mineralised system beyond the footprint on which the Exploration Target was based. Systematic infill drilling continues to reveal additional high-grade zones, while step-out drilling is delivering significant extensions.
“Importantly, Icon is only one part of the Glenburgh story. We are eager to apply the same systematic drilling approach at Hurricane and Thunderbolt, while our mapping team has already identified a compelling fourth exploration camp.
“The scale of the opportunity across the broader Glenburgh district is truly exceptional.
“In parallel, we are advancing early development studies, including geotechnical investigations, metallurgical testwork and infrastructure planning, supported by an already well-established permitting pathway.
“We are not simply focused on discovering more gold; we are actively laying the foundations for a major gold mining operation.
“We believe Australia’s next great gold mine is taking shape at Glenburgh. With the scale of the system continuing to emerge and development activities gathering momentum, these are incredibly exciting times for Benz and our shareholders.”
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To read the full news release please click HERE
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The live Benz Mining share price and chart can be found HERE
The live gold price can be found HERE
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Disclosure
At the time of writing the author holds shares in Benz Mining.
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