High Grade Gold Multiplies at Icon as New Hinge Zones Emerge

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Stock BENZ Mining Corp (BNZ.ASX)
Release Time 3 Aug 2026, 8:37 a.m.
Price Sensitive Yes
 Benz Mining Corp Announces High-Grade Gold Results at Icon
Key Points
  • 41m at 14.5 g/t Au from 260m in 26CN079
  • New NE-plunging hinge zones identified
  • Systematic drilling reveals substantial new mineralisation potential
Full Summary

Benz Mining Corp reports exceptional gold results from systematic drilling at the Icon deposit, part of the Glenburgh Gold Project in Western Australia. The latest drilling has identified new NE-plunging hinge zones, which are proving to be important controls on high-grade gold mineralisation and potential drivers of future ounce growth. The company's baseline 50m by 25m drilling pattern has revealed substantial additional mineralisation potential within the existing footprint. High-grade gold at Icon is increasingly associated with NE-plunging fold hinge zones, mirroring the structural architecture observed at the Hurricane camp. The next phase of drilling will focus on completing the planned baseline drilling pattern across the Hurricane, Icon, and Thunderbolt camps to ensure high-grade hinge zones are fully resolved and captured in the geological model prior to the maiden resource in H1 2027.

Outlook

The company expects the ongoing systematic drilling to continue revealing additional high-grade gold within the known Icon system and identify new mineralised positions beyond the currently interpreted trends.