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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 engaged in the acquisition, exploration and exploitation of mineral properties located in Canada. 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 50km due west of the Company’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 Goldnboy1on Dec 31, 2020 3:58am
210 Views
Post# 32201733

Stand off

Stand off

See can't run everyday! 

Nice breather on the way up to the next level. Ask still super empty all the way to $1.50+.

Given the 50,000+ multi drill program about to commence. We could be in for a fun ride. 

Historically 1/10 holes drilled at Eastmain came out with bonanza gold/silver grades. When DHEM was used 75% of all holes drilled struck mineable widths and grades. 

So there is a fairly good chance the company will have some impressive results from the entirety of the program. But my expectations for success is if we have hit 7-8 out of the 12 holes with mineable grades. The trend should continue share price wise.

Lots of chatter on Twitter. By the looks of it. The VG discovery zone was drilled, left, then returned to on two separate occasions. What this tells me is that once the company got the BHEM results back. They were eager to continue returning to confidently step out on strike.

Why I like this is this. It appears as though they are methodically measuring a target. It's risky to step out so many times so early. This is because if you out drill your boundary too soon. That's obviously a bad thing for your share price. We know insiders have spent tens of millions here to acquire stock. They are 110% aligned with long investors! That gives me a ton of confidence those five holes are the start of something special and new!!

Now this is exploration. So nothing is a sure thing. But I really love how things are shaping up here!

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