229m at 0.7g/t Gold Highlights Bulk Potential at Benz’s Glenburgh Project

Emerging Bulk Tonnage Gold System at Icon

Benz Mining Corp has delivered a compelling update from its Glenburgh Gold Project in Western Australia, reporting some of the thickest gold intercepts to date at the Icon Prospect. The latest drilling results reveal broad zones of gold mineralisation, including a standout 229-metre intercept averaging 0.7 grams per tonne gold, with a higher-grade core of 142 metres at 0.95 grams per tonne. These findings underscore the potential for significant resource growth in what is shaping up to be a large-scale bulk tonnage gold system.

The Icon deposit, part of the 1.6-kilometre Icon–Apollo trend, had previously been tested only by shallow drilling and treated as two separate deposits. Benz’s recent step-out drilling has not only confirmed continuity beneath earlier drill boundaries but also uncovered a new higher-grade Central Lens. This lens, situated between the Icon and Tuxedo trends, lies within a mineralised corridor exceeding 400 metres in width and remains open along strike and at depth.

Central Lens – A Game-Changer for Glenburgh

CEO Mark Lynch-Staunton emphasised the significance of the Central Lens discovery, describing it as "something very special" that is rapidly emerging as a cornerstone of the Glenburgh project. With intercepts such as 55 metres at 1.1 grams per tonne gold within a broader 275-metre zone, the Central Lens adds a higher-grade dimension to the bulk tonnage potential. The fact that all recent holes ended in mineralisation and are planned for re-entry and extension drilling highlights the ongoing confidence in expanding this zone.

The scale and geometry of the mineralisation support the prospect of a low-strip ratio, open-pit mining operation. This style of deposit is attractive for its potential to deliver significant gold ounces at relatively low cost per tonne, aligning well with Benz’s strategy to develop efficient, large-scale projects.

Fully Funded Drilling Program Accelerates Exploration

Backing these promising results is a fully funded drilling campaign supported by a recent A$30 million bought deal. Benz has deployed four reverse circulation drill rigs, with two dedicated to unlocking the bulk tonnage potential at Icon. This accelerated pace of exploration aims to test the full extent and continuity of the mineralised system, particularly at depth, and to upgrade the confidence levels ahead of future resource modelling.

These developments reinforce Benz Mining’s view of Glenburgh as a district-scale gold system with tier-1 potential. The project’s proximity to the high-grade Zone 126 trend and its position within an 18-kilometre mineralised corridor further enhance its strategic importance. Benz’s approach combines deep geological expertise with advanced exploration techniques, positioning the company well to rapidly grow its resource base.

Looking Ahead – Unlocking Glenburgh’s True Scale

While the current results are highly encouraging, Benz acknowledges that further drilling and geological modelling are required to confirm the true widths and continuity of the mineralised lenses. Pending assay results from some holes will provide additional clarity on grade distribution. The company is also investigating geophysical methods to refine target areas and reduce exploration risk.

Overall, Benz Mining’s latest announcement marks a significant milestone in the evolution of the Glenburgh Gold Project, transforming it from a cluster of smaller deposits into a coherent, large-scale gold system with the potential to support substantial, long-life production.