Benz Announces Multiple New High-Grade Discoveries Drive Expansion at Hurricane Camp

• Date: 8 Apr 2026 – Drilling results from the Hurricane corridor and Zone 126 at the Glenburgh Gold Project (Western Australia).
• Key intercepts:
• 11 m @ 6.4 g/t Au (hole 26HZ023)
• 2 m @ 19.1 g/t Au (hole 26HZ008)
• 4 m @ 44.2 g/t Au (hole 26HZ043)
• 25 m @ 10.2 g/t Au (hole 26HZ002)
• Strategic implication: Confirms a ~1 km NE‑plunging “high‑grade” discovery corridor (Hurricane Trend) and expands the known scale of the Glenburgh system. Two rigs are now dedicated to rapid drill‑out of this trend; additional drilling planned at Icon Camp and maiden work at Thunderbolt Camp.
• Management comment: CEO Mark Lynch‑Staunton states the results “mark another major step in unlocking the scale of the Glenburgh system” and that drilling commitment is being increased.

Aspect	Prior expectation	New information	Impact
Resource growth	Ongoing high‑grade drill program with expectations of incremental extensions at Zone 126.	Discovery of a new 1 km NE‑plunging high‑grade corridor delivering multiple >10 g/t intercepts, including an exceptional 44.2 g/t over 4 m.	Material – Positive: adds a previously unknown structural zone, substantially increasing the upside for both inferred resources and future mine planning.
Exploration budget	Fully funded (>250,000 m planned in 2026) after A$94 M cash balance from earlier financing.	No additional capital required; existing funding now supports an expanded drill‑out (two rigs on Hurricane).	Reinforces confidence that the program can be executed without dilution risk – neutral to positive.
Market perception	Share price had been climbing steadily since mid‑2025, reflecting a series of high‑grade discoveries.	The magnitude and continuity of the new corridor exceed typical incremental updates; market may re‑price the stock toward the upper end of its 52‑week range.	Positive catalyst for near‑term price action.
Risk profile	Geological model validated but still reliant on depth extensions and bulk‑tonnage confirmation.	New structural target confirms model robustness, reducing geological risk; however, depth extension and metallurgical work remain pending.	Slightly lowers upside risk, but overall risk unchanged.

Overall, the news is materially positive – it delivers genuinely new high‑grade mineralisation that materially improves the company’s resource potential and justifies a higher valuation.

Benz Mining Corp. is an exploration‑focused junior mining company with 100 % ownership of the Glenburgh Gold Project (Western Australia) and a high‑grade Mt Egerton gold project (also WA). Glenburgh comprises three identified camps – Hurricane, Icon and Thunderbolt – each large enough to host standalone operations. Historical NI 43‑101 resources total ~16.3 Mt @ 1.0 g/t Au (~510 koz) with additional high‑grade zones (Zone 126 lenses) driving the company’s growth narrative.