Benz Confirms Free Milling Gold with High Recoveries at Icon

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Stock BENZ Mining Corp (BNZ.ASX)
Release Time 17 Jun 2026, 8:37 a.m.
Price Sensitive Yes
 Benz Confirms High Gold Recoveries at Icon
Key Points
  • ~95.5% gold extraction from higher-grade core within 24 hours
  • Strong extraction across all grade profiles, including lower-grade halo
  • Potential for lower-grade material to become mill feed instead of waste
Full Summary

Benz Mining Corp reports highly encouraging initial cyanidation testwork results from the Icon camp at the Glenburgh Gold Project in Western Australia. The test results confirm that the gold at Icon is free-milling with high recovery rates and low reagent consumption across all grade profiles tested. The higher-grade Icon core delivered excellent gold extraction of approximately 95.5% within 24 hours, while the mid-grade and mineralised halo material also showed strong extraction levels, with up to 93.3% recovery from grades as low as 0.10 g/t Au. These results highlight an exciting incremental recoverable gold opportunity around the higher-grade zones and suggest that the broader Icon mineralised halo has the potential to contribute recoverable gold, supporting favorable future open-pit mining metrics at Glenburgh. Benz plans to undertake further metallurgical testwork to confirm and extend these initial results.

Outlook

The initial metallurgical results strongly support Benz's view that Icon is a clean-leaching gold system with the potential to become a major part of the Glenburgh growth story.