Zone 126 Discovery Deepens Glenburgh’s Gold Potential but True Widths Await Confirmation

Discovery Validates Exploration Strategy

Benz Mining Corp (ASX – BNZ) has reported a significant new discovery at its Glenburgh Gold Project in Western Australia, unveiling a fourth high-grade gold lens at the Zone 126 prospect. The maiden drill hole into this lens intercepted 17 metres grading 6.0 grams per tonne gold from a depth of 662 metres, marking a major validation of the company’s structural model and exploration methodology.

This discovery follows a series of recent high-grade intercepts at Zone 126, including 44 metres at 4.6g/t and 47 metres at 1.9g/t gold, which together confirm the presence of multiple discrete lenses along a mineralised trend previously overlooked by earlier explorers. Benz’s CEO, Mark Lynch-Staunton, described the breakthrough as a “moment” that demonstrates the depth and scale of the system, highlighting the model’s predictive power in targeting high-grade zones at significant vertical depths.

A Multi-Lens System with Room to Grow

Zone 126 is evolving beyond a single mineralised shoot into a multi-lens system extending over more than one kilometre in strike length. Each lens remains open at depth, suggesting substantial potential to add further high-grade ounces. Drilling is currently underway to test a fifth interpreted lens, while additional holes are planned to expand the newly discovered fourth lens and further delineate the third lens, which has already yielded some of the broadest intervals to date.

The structural model underpinning these discoveries identifies secondary shear zones intersecting the main mineralised horizon, creating higher-grade lenses within a broader lower-grade envelope. This geological architecture not only explains the distribution of gold enrichment but also provides high-conviction targets for ongoing and future drilling along the northeast trend.

Glenburgh – A New Frontier in Gold Exploration

The Glenburgh Gold Project, wholly owned by Benz, is rapidly emerging as a new frontier gold district with multi-million-ounce potential. Situated in Western Australia’s Gascoyne region, the project features an 18 to 20 kilometre mineralised corridor anchored by the large-scale Icon–Apollo trend and the high-grade Zone 126 system. The combination of thick bulk-style mineralisation and multiple high-grade underground lenses offers a rare and compelling opportunity in the Australian gold sector.

With gold prices at record highs, Benz’s ability to develop both large-scale open pit and underground operations positions Glenburgh for exceptional leverage and growth. The company is also advancing exploration on other fronts, including the Apollo Icon trend, with multiple drill rigs active and a fourth rig en route to scout new targets along the corridor.

Looking Ahead

While partial assay results have been reported for the latest drill hole, full assays are pending, and ongoing drilling will continue to refine the understanding of the mineralised lenses’ orientation and extent. Benz’s systematic approach, combining detailed structural mapping with targeted drilling, is proving effective in unlocking Glenburgh’s potential and could lead to further “blind” discoveries within this extensive mineralised corridor.