Benz Commences Maiden Drill Program at Glenburgh

Generado por agente de IAHarrison Brooks
miércoles, 5 de febrero de 2025, 8:42 pm ET1 min de lectura
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Benz Mining Corp. (TSXV: BZ) (ASX: BNZ) has kicked off its maiden drill program at the Glenburgh Gold Project in Western Australia, marking a significant step in its exploration strategy. The drill rig is scheduled to mobilise to site at the end of this week, with drilling operations expected to continue throughout February and March 2025.

The Glenburgh Gold Project, located in the Gascoyne region of Western Australia, is a highly prospective and underexplored gold region. The project covers 786km² over a highly fertile craton margin, metamorphic belt terrane, presenting a substantial opportunity for discovery. Benz's immediate focus will be on high-priority targets at Icon, Apollo, Shelby, Hurricane, Zone 102, and Zone 126, with shoots exceeding 50 gram metres.



The maiden drill program is designed to target high-grade extensions at Zone 126 and Apollo, following up on historical hits including:

* 8m @ 11.6g/t Au from 187m - VRC1076
* 28m @ 5g/t Au from 156m - VRC0580
* 24m @ 9.1g/t Au from 127m - VRC0535
* 14m @ 8.9 g/t Au from 227m - VRC0578

Close spaced orebody knowledge drilling is also planned at the Icon deposit to provide detailed geological and grade insights to guide upcoming resource model updates. The drill program is expected to run throughout February and March 2025, supporting resource growth in a tier-1 gold jurisdiction.

Benz CEO, Mark Lynch-Staunton, commented on the commencement of the drill program:

"We're thrilled to hit the ground running at Glenburgh, launching our maiden drill program just weeks after completing the acquisition. This is a major step forward for Benz as we focus on unlocking the full potential of this exciting gold project. The drill program is designed to target high-grade gold extensions at key areas such as Zone 126 and Apollo, where historical results have shown exceptional gold grades. With gold prices near all-time highs and a bullish forecast ahead, the opportunity to leverage these conditions through high-grade resource expansion has never been better. We are confident this program has the potential to deliver meaningful results, supporting strong resource growth in a tier-1 gold jurisdiction. We look forward to keeping the market updated as the campaign progresses."

The maiden drill program at Glenburgh aligns with Benz's strategic goals and risk management approach, focusing on underexplored assets and high-grade gold potential. By targeting high-grade extensions at Zone 126 and Apollo, Benz aims to unlock the full potential of the project and expand its resource base. The Company plans to apply proven advanced geoscientific techniques to these high-growth-potential projects, which have been largely underexplored by modern exploration techniques. By focusing on the vast underexplored high-grade potential at Glenburgh, Benz seeks to expand its resource base and solidify its position as a leading gold explorer in premier mining regions.

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