Benz Announces that Hurricane Camp Expands Significantly as Drilling Confirms Thick High-Grade Gold

Benz Mining Corp. (BZ) reported new Reverse Circulation drill results from the Hurricane Camp at its 100%-owned Glenburgh Gold Project in Western Australia on June 29, 2026. The drilling successfully linked Zone 126 and Zone 102 for the first time, delivering shallow, high-grade mineralization including 70 m @ 2.9 g/t Au (incl. 37 m @ 5.2 g/t Au). The Hurricane trend also grew along a NE plunge corridor with intervals such as 14 m @ 8.9 g/t Au and 86 m @ 1.0 g/t Au.

Critically, a 400-metre down-plunge step-out at Zone 126 intersected the mineralized system (2 m @ 6.4 g/t Au), marking the first drill hole in an entirely new area outside the current Exploration Target. The company says this opens a “major new underground growth opportunity” along an untested 6 km trend. Drilling will immediately follow up this “clear vector” while infill drilling continues to convert the Exploration Target toward a maiden Mineral Resource in CY27.

Benz Mining Corp. (BZ) released new drilling results on June 29, following a maiden Exploration Target definition for Glenburgh on June 23 and thick, high-grade hits at the Icon Camp on June 28. The Hurricane expansion provides new information that enhances the project’s value by connecting Zone 126 and Zone 102 with grades up to 5.2 g/t Au over significant widths. This linkage adds tonnes of open-pittable ounces and demonstrates continuity between known deposits, improving the overall resource outlook.

Additionally, a 400 m step-out clip of a mineralized corridor represents a discovery outside the Exploration Target. This finding validates the structural model and opens a completely untested 6 km trend for underground-style mineralization, potentially doubling the search space for high-grade Hurricane-style mineralization.

While the Exploration Target already contemplated 235–265 Mt at 0.65–0.70 g/t Au from Hurricane, including a higher-grade core, these new holes confirm and extend the shallow, high-grade component. They also introduce a new underground target that was not previously quantified. The combination of a growing shallow footprint, improved continuity, and a new deep vector moves the needle on both resource scale and potential mine-life/operation type, suggesting an open pit plus underground model.

No new financing, M&A, or change in strategic investor position accompanies the news. The market capitalization of ~$811 M already prices in a large resource; however, the actual news demonstrates that the system is still expanding beyond the conceptual Exploration Target, which should underpin the current valuation and provide upside.

Benz Mining Corp. is a gold exploration company with its flagship 100%-owned Glenburgh Gold Project in Western Australia, an 18–20 km mineralised corridor on a granted Mining Lease. The project has been organised into three camps: Hurricane (high-grade, multi-lens, potential open pit and underground), Icon (bulk-tonnage, potentially large open pit), and Thunderbolt (early-stage, underexplored).

A recent integrated Exploration Target totals 485–540 Mt @ 0.6–0.7 g/t Au for 10.1–12.0 Moz Au, with a higher-grade core of 6.1–7.3 Moz. The company also holds the high-grade Mt Egerton project in WA (JORC resource 27 koz @ 3.1 g/t) and the Eastmain Gold Project in Quebec (JORC resource 1.0 Moz @ 6.1 g/t). The near-term strategy is to define a maiden Mineral Resource at Glenburgh in CY27 while testing district-scale upside.