Benzmining Chess Unveils High-Grade Gold Discovery at Glenburgh Project

Game-Changing Results Expand Zone 126 Potential

Benz Mining (TSXV:BZ, ASX:BNZ) has delivered impressive high-grade gold intercepts from its ongoing drill program at the Glenburgh Gold Project, confirming substantial vertical and grade continuity within the Zone 126 trend. These results mark a significant milestone in the Company's strategy to rapidly expand its resource base in Western Australia.

The standout result of 39m at 5.1g/t gold from hole 25GLR022 represents one of the thickest high-grade intercepts recorded at the project to date. Additionally, hole 25GLR027 delivered exceptional results with 10m at 12.9g/t gold from 299m and a second zone of 2m at 12g/t gold from 350m.

These impressive results, part of Benz's fully-funded 30,000m drill program, strengthen the Company's confidence in the scale and continuity of the gold system at Glenburgh, setting the stage for a substantial resource expansion.

"These are fantastic results for Benz. To deliver thick, high-grade gold at depth across both known lenses at Zone 126 – and to gather strong indications that this mineralisation is close to true width – is a huge step forward. It gives us real confidence in the scale, consistency, and continuity of this system," said Benz CEO Mark Lynch-Staunton.

Key Highlights from Recent Drilling

The latest round of drilling results demonstrates compelling continuity of high-grade gold mineralisation at Zone 126:

Importantly, scissor drilling (drilling from opposite directions) has indicated that previous intercepts are likely close to true width, providing strong support for future resource estimation and mining studies. Both high-grade lenses identified within Zone 126 remain open at depth, with strike extension testing underway.

The Company has also reported an encouraging intercept between Zone 126 and Zone 102, returning a broad mineralised zone of 215m at 0.25g/t gold including 4m at 2.6g/t gold. This suggests potential connectivity between these two zones, which could significantly expand the overall mineralised footprint of the Benzmining Chess Depositary Interests 1:1 gold discovery at Glenburgh Project.

Strategic Growth Plan Taking Shape

Following a successful $13.5 million capital raise, Benz is executing a dual-track growth strategy at Glenburgh:

1. Advancing large-scale open pit potential at Icon-Apollo
2. Pursuing high-grade underground opportunities at the adjacent Zone 126 lens

Both targets are located on granted mining leases, offering multiple near-term development pathways. The Company currently has two rigs drilling at full capacity to deliver on this strategy.

Understanding Gold Mineralisation at Glenburgh

Gold mineralisation at Glenburgh occurs within highly metamorphosed rocks of the Glenburgh Terrane in Western Australia's Gascoyne Province. These rocks formed during the Paleoproterozoic era and have undergone intense heat and pressure, transforming into upper-amphibolite to granulite facies siliciclastic rocks.

Higher-grade mineralisation appears directly related to silica flooding in the gneiss (a type of metamorphic rock with distinctive layering). This silica flooding can create quartz 'veins' of varying thickness, from several centimetres to several metres thick. Neither the higher-grade silica zones nor the more pervasive lower-grade mineralisation shows sharp or well-defined boundaries.

The current drilling program is specifically designed to better understand the geological and structural controls of this complex system. This enhanced understanding will be crucial for optimising future exploration and development at the Benzmining Chess Depositary Interests 1:1 gold discovery at Glenburgh Project.

What This Means for Investors

These results significantly enhance Benz Mining's growth prospects in several ways:

1. Resource Growth Potential: The thick, high-grade intercepts suggest substantial potential to expand the current resource of 510,100 ounces at Glenburgh.

2. Multiple Development Pathways: The dual-track strategy targeting both bulk-tonnage and high-grade zones provides flexibility in development options.

3. Strong Financial Position: With $13.5 million recently raised, Benz is fully funded to complete its 30,000m drill program and advance the project toward development.

4. Technical De-risking: Confirmation of true widths through scissor drilling represents an important technical milestone that will support future resource modelling and mining studies.

Why Investors Should Follow Benz Mining

Benz Mining represents a compelling investment opportunity in the gold exploration sector for several reasons:

1. Dual-Project Portfolio: With the Glenburgh Gold Project in Western Australia (510,100 ounces) and the high-grade Eastmain Gold Project in Quebec (1,005,000 ounces at 6.1g/t Au), Benz offers exposure to two premier mining jurisdictions.

2. Technical Excellence: The Company's deep geological expertise, particularly in high-metamorphic terrain exploration, provides a competitive edge in extracting value from complex gold systems.

3. Well-Funded: The recent capital raise ensures Benz has sufficient funding to execute its exploration plans without near-term dilution concerns.

4. Near-Term Catalysts: With ongoing drilling at Glenburgh and a maiden Mineral Resource Estimate on the horizon, investors can expect a steady flow of news over the coming months.

5. Growth-Focused Strategy: Benz's clear focus on expanding its global resource base positions it to capture significant value as gold results extend mineralisation opportunities across the project.

The Importance of Metamorphic Gold Systems

The Benzmining Chess Depositary Interests 1:1 gold discovery at Glenburgh Project represents a significant metamorphic gold system. These systems often present challenges for exploration but can yield substantial rewards when properly understood.

Metamorphic gold systems typically form when gold-bearing fluids move through rocks that have been subjected to intense heat and pressure. This process can concentrate gold in structurally favourable locations, creating zones of high-grade mineralisation within broader mineralised envelopes.

These systems often exhibit complex geological features that require sophisticated exploration techniques to effectively target. Benz's approach, combining detailed structural analysis with systematic drilling, is designed to unravel this complexity and identify the major gold system results that could significantly enhance project economics.

Understanding the controls on gold mineralisation in metamorphic systems is crucial for efficient exploration and development. By investing in this understanding, Benz is positioning itself to maximise the value of its Glenburgh asset.

Looking Ahead

As Benz Mining continues to deliver exceptional drill results from Glenburgh and advances its broader project portfolio, the Company is well-positioned to establish itself as a significant player in the gold sector. With operations across two world-class gold regions and a clear focus on resource growth, Benz offers investors exposure to a compelling growth story in the precious metals space.

The ongoing 30,000m drill program at Glenburgh is expected to continue generating results throughout the year, providing regular news flow and potential catalysts for share price appreciation. Additionally, the Company's strong financial position ensures it can maintain exploration momentum without the need for near-term capital raises.

For investors seeking exposure to gold exploration with multiple pathways to value creation, Benz Mining represents an opportunity worth serious consideration. Furthermore, the company's approach aligns with broader industry trends where Artemis Resources strikes gold and other competitors are seeking to expand their resource bases through aggressive drilling campaigns.

The Benzmining Chess Depositary Interests 1:1 gold discovery at Glenburgh Project continues to demonstrate its potential as a significant gold asset in Western Australia's prolific Gascoyne Province, making it an attractive investment opportunity for those looking to gain exposure to the gold sector.

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