Benz Confirms Multiple Thick High-Grade Hits Validate and Grow Large-Scale Icon Camp Target
Benz confirms thick high-grade hits at Icon camp, extending the Apollo trend and keeping its maiden resource track on course.
Benz Mining Corp. (BZ) released additional 2026 drill results from its Icon camp at Glenburgh. The highlight is hole 26CN029, which stepped out into the adjacent Apollo area and returned 27 m @ 15.33 g/t Au from 229 m – a new high-grade position along the Icon–Apollo trend.
Other notable intercepts include: * 88 m @ 1.87 g/t Au * 63 m @ 1.53 g/t Au * 59 m @ 2.47 g/t Au * Multiple >50 m wide intervals of 0.5–1.5 g/t Au
Management states that approximately 80% of the Icon camp Exploration Target (63–69 Mt @ 1.40–1.47 g/t Au for 2.8–3.3 Moz) is now drill-defined, assay-supported and wireframed. The release underscores that drilling continues to validate wireframes, improve connectivity between lodes and add mineralised volume, moving the project toward a maiden Mineral Resource definition.
Benz Mining Corp. (BZ) disclosed a 27-meter interval grading 15.33 grams per tonne, a high-grade step-out that builds upon a series of similar results from the Icon project. These include 13 meters at 29 grams per tonne reported in January 2026 and 200 meters at 1 gram per tonne in August 2025. Six days prior to this announcement, the company revealed a maiden Exploration Target for the entire Glenburgh project ranging from 10.1 to 12.0 million ounces, with Icon contributing approximately one-third.
The market has already rewarded the company with a market capitalization nearing $800 million, largely pricing in the expectation that a substantial maiden resource will be delivered in calendar year 2027. Consequently, these drill results serve as routine confirmation of project-wide scale rather than a new, unexpected development.
Benz Mining Corp. is a gold explorer focused on the Glenburgh Gold Project in Western Australia’s Gascoyne province. The project consists of three camps – Hurricane, Icon and Thunderbolt – within a granted, 12 km Mining Lease. Glenburgh is a large‑scale, bulk‑tonnage and high‑grade system where drilling has outlined an Exploration Target of 10.1–12.0 Moz Au (485–540 Mt @ 0.6–0.7 g/t Au). The higher‑grade core of that target is 110–125 Mt @ 1.7–1.8 g/t Au for 6.1–7.3 Moz. Approximately 80 % of the target is drill‑defined and wireframed.
The company also holds the Mt Egerton gold project (ultra‑high‑grade Hibernian/Kilkenny zones) and the Eastmain Gold Project in Quebec (1.0 Moz JORC resource). The flagship remains Glenburgh, where nine rigs are currently active and a maiden JORC resource is targeted for CY2027.