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Benz Mining Corp (ASX:BNZ)

ALERT: Price-sensitive ASX Announcement for BNZ
Current share price for BNZ : $3.260 1.7 (108.97%)+
Announcement
Release
17 Sep 2025 9:20AM
Price at Release
$1.560
Full Release
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Summary
Benz Mining Corp has announced the discovery of a fourth high-grade gold lens at Zone 126 within their Glenburgh Gold Project in Western Australia. This discovery is a significant milestone, as it validates the company's structural model which has successfully predicted multiple new lenses. The latest findings include a maiden drill hole that intersected a 17m section grading at 6.0 g/t gold from a depth of 662 meters, confirming the high-grade potential of the zone. Zone 126, part of a larger mineralized corridor, is evolving into a multi-lens system with substantial growth potential, including additional lenses that remain open at depth. This development emphasizes the project's capacity to become a major gold district. Ongoing drilling aims to further extend and define these promising gold deposits.
Key Points
  • Discovery of fourth high-grade lens at Zone 126.
  • Structural model predicted the lens successfully.
  • Drill hole intersected 17m at 6.0 g/t gold from 662m depth.
  • Zone 126 evolving into a multi-lens, kilometre-scale system.
  • Significant growth potential within a third of the mineralized corridor.
  • Ongoing drilling to test fifth lens and extend lenses at depth.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.