Benz intersects 79m at 4.4 g/t gold at Zone 126

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Stock BENZ Mining Corp (BNZ.ASX)
Release Time 14 Oct 2025, 9:22 a.m.
Price Sensitive Yes
 Benz intersects 79m at 4.4 g/t gold at Zone 126
Key Points
  • Lens 3 grows deeper and stronger with thickest high grade hit to date at Glenburgh
  • Depth extension untested: Lenses 1 to 4 all remain open at depth, highlighting significant opportunity to add further high grade ounces
  • New drilling and logistics strategy implemented to expedite delivery of drilling results to market
Full Summary

Benz Mining Corp (ASX: BNZ, TSXV:BZ) is pleased to report an additional discovery from ongoing drilling at the Zone 126 prospect within the Glenburgh Gold Project in Western Australia. The latest intercept of 79m at 4.4 g/t gold is the thickest and one of the most exciting intercepts seen at Glenburgh, demonstrating that the Lens 3 system is growing stronger and more extensive with every drill hole. All lenses discovered so far remain open at depth, highlighting the significant opportunity to add further high-grade ounces. Benz has implemented a disciplined, phased drilling strategy at Glenburgh to rapidly define, extend, and convert high-grade gold mineralisation into resource ounces. The company is also addressing assay turnaround times by implementing a dedicated logistics service and ramping up drilling with two rigs moving to double-shift operations. Additionally, Benz has set performance right milestones designed to retain and reward high-performing individuals and foster a culture of value creation, directly linking performance outcomes to resource growth milestones.

Guidance

Benz is targeting resource growth to 2 million ounces, 4 million ounces, and 6 million ounces of gold at the Glenburgh Gold Project.

Outlook

Benz is driving resource growth on multiple fronts at Glenburgh, unlocking bulk-tonnage potential at Icon and expanding the high-grade core at Zone 126, with significant opportunity to add further high-grade ounces as all lenses remain open at depth.