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Benz Mining Corp V.BZ

Alternate Symbol(s):  BENZF

Benz Mining Corp. is a Canada-based focused gold exploration company. The Company is involved in the acquisition, exploration and exploitation of mineral properties located in the Americas. The Company’s projects include Eastmain Gold, Ruby Hill West Lithium and Windy Mountain. The Eastmain gold project is located in the Upper Eastmain Greenstone belt, 320 kilometers (km) northwest of Chibougamau and 800 km north of Montreal. The property covers 8,000 hectares (ha), consists of 152 mineral claims and one industrial lease permit. The Ruby Hill West Lithium project is a surface occurrence of spodumene bearing pegmatite within the Ruby Hill West project, located 50 km due west of Benz Mining’s Eastmain exploration camp. The Company owns 78 claims on the Windy Mountain property, covering 4,109.7 hectares (41.10 square kilometers).


TSXV:BZ - Post by User

Post by Betteryear2on Feb 20, 2022 7:51pm
210 Views
Post# 34446974

Benz Mining Announces Visible Gold Intersected at ~900m

Benz Mining Announces Visible Gold Intersected at ~900m

HIGHLIGHTS

  • Mineralised Mine Horizon intercepted between 936.3m to 970.5m (downhole)
  • Visible gold observed at 942.6m (deepest drilling on Project to date)
  • 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 Mine Horizon established over the whole 1,400m
  • Current intercept approximately 500m down dip of Benz's best intercept to date of 7.9m at 35.9g/t gold in the same mineralised horizon
  • Multiple mineralised horizons are present in the hanging wall with all drillholes intercepting shallower mineralisation underlined by multiple levels of EM conductors
  • Assays for 62 holes completed in 2021 still pending screen fire assays of mineralised zones, 16 with observed visible gold

Toronto, Ontario--(Newsfile Corp. - February 16, 2022) - Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) (the Company or Benz) is pleased to announce that drillhole EM21-228, completed earlier on in the drilling season, intercepted the Mine Horizon at D Zone at a depth of 885.0m below surface (vertical depth). The horizon is gold bearing as 21 small (sub-millimetric) specs of visible gold have been identified by the logging geologists at 942.6m depth (core).

CEO, Xavier Braud, commented:

"This is an excellent result. Once again, we prove that our targeting method is extremely well suited to the style of mineralisation seen at Eastmain. We are still working through a large gold system with multiple high grade gold occurrences identified over 10km of strike."

 

https://www.newsfilecorp.com/release/113949

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