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ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2% ERD 6.16 −1.4% NFG 2.37 +2.2% CLM 0.060 +0.0% GEMG 1.64 +0.0% STGO 1.56 +2.6% WEX 0.580 −3.3% NOBL 0.120 +9.1% LGO 1.00 −3.9% SSE 0.095 +0.0% AAZ 0.040 +0.0% MNRG 0.095 +11.8% RME 0.260 +30.0% NUAG 9.48 +1.3% KRN 0.300 +11.1% EON 0.020 −nan% EMO 0.420 −1.2%
Drill Results

Benz Announces New Discovery at Icon Strengthened with Further Broad Gold Intercepts

By The Northwire Desk — AI Analysis Aug 19, 2025 · 21:04 BZ · 0.98 Benz Mining Corp.
BZ · Price

Executive Summary

  • Benz Mining reported multiple high‑grade gold intercepts from step‑out RC drilling at the Icon prospect, including a 142 m interval averaging 0.95 g/t Au and a 55 m interval averaging 1.1 g/t Au.
  • All holes drilled to date terminated in mineralisation; several will be re‑entered for extension, indicating continuity of the newly discovered “Central Lens” and strong potential for bulk‑scale resource growth.
  • The drilling program is fully funded by a recent A$30 million bought‑deal financing, with four rigs now operating on the Icon trend.

Key Details

  • High‑grade intercepts (≥0.9 g/t Au):
  • Hole 25GLR_048 – 142 m @ 0.95 g/t Au from 227 m depth (overall 229 m @ 0.7 g/t).
  • Hole 25GLR_058 – 102 m @ 1.0 g/t Au from 96 m depth (assays pending for remainder).
  • Hole 25GLR_044 – 55 m @ 1.1 g/t Au from 447 m depth within a broader 275 m @ 0.6 g/t Au.

  • Hole 25GLR_036 – 43 m @ 0.9 g/t Au from 352 m depth (assays pending).

  • Additional notable intercepts (bulk potential, ≥0.3 g/t Au):

  • Hole 25GLR_048 – 229 m @ 0.7 g/t Au (112‑351 m).
  • Hole 25GLR_044 – 275 m @ 0.6 g/t Au (193‑468 m).

  • Multiple shorter intervals ranging from 2–12 m with grades up to 7.1 g/t Au (e.g., 2 m @ 7.1 g/t Au in hole 25GLR_048).

  • Drilling program:

  • Four RC rigs deployed; two dedicated to bulk‑tonnage potential at Icon.
  • All holes have terminated in mineralisation and will be re‑entered for deeper extension of the Central Lens.

  • Planned step‑out drilling to test full scale and continuity of the 1.6 km Icon‑Apollo trend, with focus on expanding the mineralised footprint and upgrading confidence ahead of future resource modelling.

  • Funding:

  • The program is fully funded by a recent A$30 million bought‑deal financing announced on 13 August 2025.

  • Geological context:

  • Icon lies within the 1.6 km Icon‑Apollo trend, part of an ~18 km mineralised corridor at Glenburgh.

  • Recent work has identified a third higher‑grade lens between Icon and Tuxedo trends, widening the zone to >400 m width.

  • CEO comment (Mark Lynch‑Staunton): Emphasized that the Central Lens is “shaping into something very special” and highlighted the potential for a low‑strip, bulk‑scale open‑pit operation with tier‑1 gold system characteristics.

Notable Quotes

“The latest results continue to firm up the emerging higher‑grade Central Lens at Icon… It is becoming clear that this is shaping into something very special.” – Mark Lynch‑Staunton, CEO, Benz Mining Corp.

Read the original news release →

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Drill Results