Multiple New High Grade Discoveries Drive Expansion

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Stock BENZ Mining Corp (BNZ.ASX)
Release Time 9 Apr 2026, 9:40 a.m.
Price Sensitive Yes
 Multiple New High Grade Discoveries Drive Expansion
Key Points
  • New discovery corridor confirmed and targeting model validated, with the Hurricane trend now emerging as a high-grade system over a 1,000m NE-plunging fold corridor
  • New high grade 'Lens 0' discovered at Zone 126, interpreted to link Zone 126 and Zone 102 for the first time
  • Infill and extensional drilling continues to confirm strong continuity and high-grade tenor across multiple lenses at Zone 126
Full Summary

Benz Mining Corp has reported an additional discovery from ongoing drilling at Hurricane Camp within the Glenburgh Gold Project in Western Australia. The new discovery corridor at Hurricane has been confirmed, with the trend now emerging as a high-grade system over a 1,000m NE-plunging fold corridor, significantly expanding the scale of the Hurricane Camp and opening up an exciting new front for rapid high-grade ounce growth. The company is now increasing its drilling commitment at Hurricane, with dedicated rigs focused on systematically drilling out the full extent of the trend. At the same time, the company continues to advance the Icon Camp, which remains a key pillar of the broader Glenburgh opportunity, and is preparing to commence maiden drilling at the Thunderbolt Camp - a completely untested third of the project that has never seen modern exploration. The identification of a new high-grade lens ('Lens 0') at Zone 126 is also a key development, interpreted to link Zone 126 and Zone 102 for the first time and reinforcing the potential for large-scale system continuity. Infill and extensional drilling continues to confirm strong continuity and high-grade tenor across multiple lenses at Zone 126.

Guidance

The company has not provided any high-importance, price-sensitive forward-looking financial metrics or guidance.

Outlook

The company believes Glenburgh is evolving into a district-scale gold system, and they are still in the early stages of understanding its full potential. With multiple camps, multiple active fronts, and a growing inventory of high-grade zones, the company sees a clear pathway to continue rapidly adding ounces across the entire 80km trend, with no clear limit to the scale of this system.