Benz Mining Unveils Thick High-Grade Gold Intercepts at Glenburgh
Benz Mining reports significant high-grade gold intercepts at its Glenburgh Gold Project, confirming continuity and expanding resource potential. The company advances its maiden resource estimate with a fully funded 30,000m drill program underway.
- Thick high-grade gold intercepts up to 39m at 5.1g/t Au
- Strong vertical and strike continuity confirmed at Zone 126 trend
- Step-out drilling underway to test extensions and new zones
- Fully funded 30,000m drilling program following $13.5 million capital raise
- Dual-track growth strategy targeting bulk tonnage and high-grade underground
Exceptional Drilling Results at Glenburgh
Benz Mining Corp (ASX – BNZ) has announced a series of impressive high-grade gold intercepts from recent reverse circulation (RC) drilling at its Glenburgh Gold Project in Western Australia. The standout result includes a thick 39-metre intercept grading 5.1 grams per tonne (g/t) gold, one of the most substantial high-grade hits recorded at the project to date. These results confirm both vertical and lateral continuity of mineralisation along the Zone 126 trend, a key focus area for the company’s exploration efforts.
Additional highlights include a 10-metre intercept at an exceptional 12.9g/t gold and multiple other significant intercepts that broaden the known high-grade lenses at depth. Importantly, scissor drilling from opposite directions supports the interpretation that these intercepts are close to true width, bolstering confidence in future resource estimations and mining studies.
Strategic Growth and Exploration Momentum
Since acquiring Glenburgh earlier this year, Benz has embarked on a fully funded 30,000-metre drilling campaign following a successful $13.5 million capital raise. The program is designed to both expand the existing mineral resource and explore new zones, including the gap between Zone 126 and Zone 102, where initial drilling has returned encouraging mineralised intercepts with emerging high-grade cores.
Benz’s CEO, Mark Lynch-Staunton, emphasised the significance of these results, noting that the thick, high-grade intercepts at depth validate the company’s geological model and underpin the potential scale of the gold system. He highlighted the dual-track growth strategy that targets both the large-scale open pit potential at Icon–Apollo and the high-grade underground opportunities at Zone 126, all situated on granted mining leases.
Technical Rigor and Forward-Looking Plans
The announcement includes detailed technical data on sampling, assay methods, and quality assurance protocols, reflecting Benz’s commitment to rigorous exploration standards. The company is also employing advanced geological techniques to refine structural interpretations and guide further drilling.
Looking ahead, Benz plans to continue step-out drilling along strike and down plunge to unlock further resource growth. The ongoing work aims to support the company’s maiden Mineral Resource Estimate at Glenburgh, which currently stands at 16.3 million tonnes at 1.0g/t gold, containing approximately 510,100 ounces.
With two rigs operating at full capacity, Benz is well-positioned to accelerate its exploration momentum and potentially expand its resource base in one of Western Australia’s promising gold districts.
Bottom Line?
Benz Mining’s latest drilling results at Glenburgh mark a pivotal step toward unlocking a larger, high-grade gold system with multiple development pathways.
Questions in the middle?
- How will upcoming assay results from ongoing drilling influence the maiden resource estimate?
- What are the timelines and milestones for advancing mining studies at Zone 126 and Icon–Apollo?
- Could new discoveries between Zone 126 and Zone 102 significantly alter the project’s scale and economics?