Northwire Canada EditionWednesday, August 12, 2026
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GRC 0.075 +7.1% FNV 334.84 −0.2% ZNG 0.830 +0.0% ITR 3.61 −2.4% AVX 0.005 −nan% ETG 2.52 −2.3% PPP 1.36 +0.0% EFF 0.025 +0.0% NVX 0.540 +25.6% NG 10.68 +0.4% ELE 27.08 +1.9% EM 3.95 −1.2% SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5% GRC 0.075 +7.1% FNV 334.84 −0.2% ZNG 0.830 +0.0% ITR 3.61 −2.4% AVX 0.005 −nan% ETG 2.52 −2.3% PPP 1.36 +0.0% EFF 0.025 +0.0% NVX 0.540 +25.6% NG 10.68 +0.4% ELE 27.08 +1.9% EM 3.95 −1.2% SGML 16.51 +0.1% ADZ 0.100 +0.0% AFM 1.50 −9.6% OMI 0.275 −3.5%
Drill Results

Benz Intersects 79m at 4.4g/t Gold at Zone 126

By The Northwire Desk — AI Analysis Oct 13, 2025 · 22:37 BZ · 1.33 Benz Mining Corp.
BZ · Price

Executive Summary

  • Benz Mining reported a new high‑grade intercept at Zone 126, Glenburgh – 79 m @ 4.4 g/t Au from 534 m depth (the thickest to date).
  • Additional strong intercepts include 44 m @ 4.6 g/t Au and 20 m @ 2.6 g/t Au; multiple other high‑grade holes are listed.
  • The company announced performance‑share milestones tied to resource growth (2 Moz, 4 Moz, 6 Moz) and a new drilling/logistics strategy that moves two rigs to double‑shift, effectively operating six rigs.

Key Details

  • Primary Intercept: Hole 25GLR_023 – 79 m @ 4.4 g/t Au (534–613 m).
  • Supporting Intercepts (recent):
  • 44 m @ 4.6 g/t Au (hole 25GLR 070)
  • 20 m @ 2.6 g/t Au (hole 25GLR 035)
  • 11 m @ 19.9 g/t Au (GBZ126 010)
  • 39 m @ 5.1 g/t Au (25GLR 022)
  • 10 m @ 12.9 g/t Au (25GLR 027)
  • 10 m @ 6.1 g/t Au (25GLR 033)
  • 11 m @ 5.5 g/t Au (25GLR 039)

  • 5 m @ 13.5 g/t Au (25GLR 037)

  • Lens Extension: Lens 3 now >350 m long, open at depth; high‑grade zone ~70 m below previous intercepts. All lenses (1–4) remain open down‑plunge.

  • Drilling Program:
  • Phase 1 – RC drilling to define lateral/near‑surface limits.
  • Phase 2 – Extensional drilling at depth; all discovered lenses remain open.

  • Phase 3 – Infill/resource definition drilling.

  • Operational Changes: Two of four rigs shifted to double‑shift, raising effective capacity to six rigs; dedicated weekly sample transport from site to Perth labs to reduce assay turnaround.

  • Performance Share Milestones (Resource Growth):

  • Milestone 1: Group resource ≥2 Moz Au
  • Milestone 2: Group resource ≥4 Moz Au

  • Milestone 3: Group resource ≥6 Moz Au

  • Project Context: Glenburgh Gold Project spans an 18‑20 km corridor with the bulk‑tonnage Icon‑Apollo trend and high‑grade Zone 126 lenses. Historical resource (as of Dec 2024) = 16.3 Mt @ 1.0 g/t Au (~510,100 oz).

  • CEO Quote: Mark Lynch‑Staunton highlighted Lens 3’s thickness, the “multi‑lens” nature of Zone 126, and the company’s effort to accelerate discovery via logistics and double‑shift drilling.

Notable Quotes

“Lens 3 just keeps getting better… The latest 79 metres at 4.4 grams per tonne gold is the thickest and one of the most exciting intercepts we’ve ever seen at Glenburgh…” – Mark Lynch‑Staunton, CEO

All boilerplate, forward‑looking statements, and company background have been omitted for brevity.

Read the original news release →

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Drill Results Jun 16, 2026 · 20:44

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Benz Mining’s tungsten find adds a potential by‑product lever, but gold remains the primary prize at Glenburgh.

Drill Results