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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

Comment by BuccaneerIsndron Aug 18, 2022 3:57pm
126 Views
Post# 34905650

RE:Warrant Overhang

RE:Warrant Overhang
Goldnboy1 wrote:

So close to the warrant overhang being over. I believe the 18 cent warrants from the 30 cent flow through round expire soon. I feel like it's October. Market struggling at a bad time of year with a very heavy set of warrants in the money. 


That being said, I love the project and the people here so I will be moving big money in shortly. I just think this pain could see us at $0.20 before we pivot and start ramping back to $1.00 as the company issues a 43-101 over 1moz. 


Eastmain is the 11th highest grade gold mine in the world with a resource over 500koz. That is how rare a mine this high grade is. Really hope soon the company decides to dewater the decline and begin underground exploration. I think some special stuff will be hit from underground drilling locations and test mining. 

The company has about 60-80k tons of ore grade material on surface that was never milled. Would be awesome to see them start a bulk testing program that began processing that left over material. 


I told you it was a mutt.

Bucco
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